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Bank Events in Michigan

Every FDIC-insured bank failure, merger or acquisition involving a bank, credit union or bank holding company, and regulatory enforcement action affecting banks headquartered in Michigan (MI).

37
Failures
1,217
Mergers
153
Enforcement
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Bank Directory
All Michigan banks

Failures in Michigan

Date Bank City Assets Acquirer or resolution
Mar 30, 2012 Fidelity Bank Dearborn $818.2M The Huntington National Bank
Apr 29, 2011 Community Central Bank Mount Clemens $451.7M Talmer Bank and Trust
Feb 11, 2011 Peoples State Bank Hamtramck $390.5M First Michigan Bank
Dec 10, 2010 Paramount Bank Farmington Hills $252.7M Level One Bank
Jul 16, 2010 MainStreet Savings Bank, FSB Hastings $96.6M Commercial Bank
May 14, 2010 New Liberty Bank Plymouth $111.2M Bank of Ann Arbor
Apr 30, 2010 CF Bancorp Port Huron $1.60B First Michigan Bank
Apr 16, 2010 Lakeside Community Bank Sterling Heights $49.2M —
Dec 18, 2009 Citizens State Bank New Baltimore $168.6M —
Nov 6, 2009 Home Federal Savings Bank Detroit $13.0M Liberty Bank and Trust Company
Oct 2, 2009 Warren Bank Warren $504.8M The Huntington National Bank
Apr 24, 2009 Michigan Heritage Bank Farmington Hills $167.7M Level One Bank
Oct 10, 2008 Main Street Bank Northville $112.4M Monroe Bank & Trust
Mar 28, 2002 New Century Bank Shelby Township $21.1M —
Apr 9, 1998 Omnibank River Rouge $42.0M Shorebank, Detroit
Oct 16, 1991 First FS & La Pontiac $917.0M Branch sale
May 17, 1991 Ludington FSB Ludington $34.2M Northwestern SB&T
Jul 27, 1989 New Guaranty Fed. S & L Assoc. Taylor $212.5M National Bank of Detroit
Mar 9, 1989 Peoples Savings Assoc. St. Joseph $107.3M Peoples SB
Feb 12, 1988 The First State Bank White Cloud $36.4M Peoples STB of St Joseph
Nov 26, 1985 Usm (U.S. Mutual) S&LA Ann Arbor $306.1M Great Lakes Bancorp
Mar 9, 1984 National Bank and Trust Company of Travers Traverse City $104.0M NBD Northwest Bank N.A.
May 15, 1982 Community BK of Washtenaw Ypsilantai $19.9M Michigan NB Ann Arbor
Sep 27, 1974 Tri-City Bank Warren $16.3M —
Feb 16, 1971 Birmingham-Bloomfield Bank Birmingham $109.7M —
Apr 18, 1970 The Peoples State Savings Bank Auburn $10.9M —
May 6, 1969 The Morrice State Bank Morrice $2.3M —
Oct 12, 1966 Public Bank Detroit $110.1M —
Mar 17, 1964 The State Savings Bank of Minden City Minden City $1.3M —
Apr 3, 1950 The Westphalia State Bank Westphalia $744K —
Dec 13, 1941 The St. Charles State Bank St. Charles — —
Jan 28, 1938 The Trout Creek State Bank Trout Creek $46K —
Jun 17, 1937 The State Bank of Marcellus Marcellus $95K —
Feb 15, 1936 Farmers & Mechanics Bank Ann Arbor — —
Feb 15, 1936 The Ann Arbor Savings Bank Ann Arbor — —
Feb 15, 1936 The First National Bank & Trust Co. Ann Arbor — —
Nov 26, 1935 Lennon State Bank Lennon $79K —

Mergers & Acquisitions involving Michigan banks

Date Acquired (MI) Acquirer
Apr 1, 2011 Communication Services Credit Union Sagelink Credit Union
Jan 1, 2011 Kensington Valley Community Credit Union Michigan Legacy Credit Union
Jan 1, 2011 Eastern Michigan Mortgage Company LLC Eastern Michigan Bank
Jan 1, 2011 Consumers Choice Credit Union United Financial Credit Union
Dec 31, 2010 Ally Long-Term Incentive Plan LLC Ally Financial Inc.
Dec 18, 2010 MBT Credit Company, Inc. Monroe Bank & Trust
Dec 1, 2010 Independent Mortgage Company Independent Bank
Oct 1, 2010 Midwest Financial Credit Union Dfcu Financial
Oct 1, 2010 Kelly Federal Credit Union Community Choice Credit Union
Sep 1, 2010 Otsego Paperworkers Credit Union Honor Credit Union dba Honor Investment Services
Jul 24, 2010 Byron Bank Chemical Bank
Jul 21, 2010 Hanchett Employees Credit Union Wmcu
Jun 12, 2010 Kramer Homes Federal Credit Union Unity Credit Union
Jun 11, 2010 Muskegon Teachers Credit Union Best Financial Credit Union
Jun 1, 2010 Citizens Credit Union Lake Michigan Credit Union
May 1, 2010 Saginaw Veterans Administration Hospital Federal Credit Union Generations Family Federal Credit Union
May 1, 2010 O.A.K. Financial Corporation TCF Financial Corporation
Apr 1, 2010 Education First Credit Union Advia Credit Union
Apr 1, 2010 United Bank & Trust-Washtenaw United Bank & Trust
Apr 1, 2010 Nuunion Credit Union Lake Trust Credit Union
Mar 31, 2010 Paragon Bank & Trust Talmer West Bank
Mar 31, 2010 Bank of Auburn Hills Talmer West Bank
Jan 1, 2010 Mid Michigan Family Credit Union Copoco Community Credit Union
Oct 16, 2009 Preferred Blocker Inc. Ally Financial Inc.
Oct 1, 2009 Monroe Area Federal Credit Union Monroe Community Credit Union
Sep 30, 2009 Fifth Third Bank Fifth Third Bank, N.A.
Sep 1, 2009 Kerr Employees Credit Union Public Service Credit Union
Jun 1, 2009 Pennwalt Employees Credit Union Nupath Community Credit Union
May 1, 2009 Milan Federal Credit Union University of Michigan Credit Union
Apr 30, 2009 Heartland Employees Credit Union River Valley Credit Union
Apr 25, 2009 FNB Financial Southern Michigan Bank & Trust
Apr 1, 2009 The PrivateBank CIBC Bank USA
Mar 31, 2009 Portage Commerce Bank Talmer West Bank
Mar 31, 2009 Brighton Commerce Bank Talmer West Bank
Mar 31, 2009 Muskegon Commerce Bank Talmer West Bank
Mar 31, 2009 Macomb Community Bank Talmer West Bank
Mar 31, 2009 Oakland Commerce Bank Talmer West Bank
Mar 31, 2009 Grand Haven Bank Talmer West Bank
Mar 31, 2009 Kent Commerce Bank Talmer West Bank
Mar 31, 2009 Detroit Commerce Bank Talmer West Bank
Mar 2, 2009 Capcom Credit Union Dfcu Financial
Jan 3, 2009 Commercial National Bank of L'Anse Superior National Bank
Jan 1, 2009 K&E Federal Credit Union Consumers Professional Credit Union
Jan 1, 2009 Valley Ridge Mortgage Company ChoiceOne Bank
Jan 1, 2009 Cascades Credit Union Michigan Community Credit Union
Jan 1, 2009 Essexville Columbus Credit Union Jolt Credit Union
Dec 31, 2008 Priority Community Credit Union Zeal Credit Union
Dec 1, 2008 Sheffer Collet/Itw Employees Federal Credit Union 4FRONT Credit Union
Dec 1, 2008 United Christian Community Credit Union Cornerstone Community Financial Credit Union
Nov 1, 2008 T and C Federal Credit Union Genisys Credit Union dba Genisys Investment Services

The list holds the 500 most recent of 1,217 mergers.

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