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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
Nov 1, 2008 Auto Body Workers of Ionia Credit Union Astera Credit Union dba Astera Investment Services
Oct 17, 2008 LaSalle Bank Midwest National Association Bank of America, N.A.
Oct 1, 2008 Security Federal Credit Union Security Credit Union
Sep 1, 2008 Universal Mortgage Company Peoples State Bank
Jul 1, 2008 Founders Mortgage Company, LLC Founders Bank & Trust
Jul 1, 2008 D O D Federal Credit Union Southwest Michigan Federal Credit Union
Jul 1, 2008 Tek Ni Kal Credit Union Freestar Financial Credit Union
Jun 21, 2008 Iosco Community Credit Union Alpena-Alcona Area Credit Union
Jun 1, 2008 Oxford Bank Mortgage Services, L.L.C. Oxford Bank
Jun 1, 2008 Kalamazoo Gazette Employees Credit Union Kalsee Credit Union
May 16, 2008 FirstBank - Lakeview FirstBank
May 1, 2008 Automotive Federal Credit Union Community Driven Credit Union
Mar 17, 2008 TCSB Mortgage Company Traverse City State Bank
Mar 15, 2008 Bank of Lenawee Premier Bank
Mar 15, 2008 Pavilion Bancorp, Inc. Premier Financial Corp.
Feb 1, 2008 Member's Choice Credit Union Alliance Catholic Credit Union
Jan 1, 2008 Greenville Community Mortgage Company Isabella Bank
Jan 1, 2008 Wyandotte Community Federal Credit Union Downriver Community Federal Credit Union
Jan 1, 2008 Greenville Community Financial Corporation Isabella Bank Corporation
Jan 1, 2008 FSB Mortgage Company Isabella Bank
Jan 1, 2008 IB&T Mortgage Company Isabella Bank
Jan 1, 2008 Greenville Community Bank Isabella Bank
Dec 31, 2007 Capitol Development Bancorp Limited II Capitol Bancorp Ltd.
Dec 31, 2007 Capitol Development Bancorp Limited I Capitol Bancorp Ltd.
Dec 1, 2007 MSB Holding, Inc. Community Bancorp, Inc.
Dec 1, 2007 The Montrose State Bank Community State Bank
Dec 1, 2007 FNB Financial Corporation Southern Michigan Bancorp, Inc.
Oct 1, 2007 First Savings Bank, A FSB Peoples Federal Savings Bank of DeKalb County
Oct 1, 2007 St Marys of Royal Oak Parish Credit Union Our Credit Union
Sep 15, 2007 Independent Bank - South Michigan Independent Bank
Sep 15, 2007 Independent Bank-West Michigan Independent Bank
Sep 15, 2007 Independent Bank East Michigan Independent Bank
Aug 20, 2007 Research Federal Credit Union Community Choice Credit Union
Aug 1, 2007 Latvian Credit Union Latvian Heritage Federal Credit Union
Jul 31, 2007 Northside Credit Union A a C Credit Union
Jul 2, 2007 Midwest United Federal Credit Union Jackson Community Federal Credit Union
Jul 2, 2007 Crestwood Community Federal Credit Union Michigan Legacy Credit Union
Jul 2, 2007 WY-South Federal Credit Union Michigan Legacy Credit Union
Jul 1, 2007 Icnb Financial Corporation FirstBank Corporation
Jun 1, 2007 Town & Country Family Credit Union Frankenmuth Credit Union
Jun 1, 2007 Lansing Area Catholic Credit Union Alliance Catholic Credit Union
May 1, 2007 Southeast Oakland Community Credit Union Vibe Credit Union
Apr 28, 2007 Republic Bank Citizens Bank
Apr 16, 2007 FSB Bank Isabella Bank
Apr 1, 2007 Battle Creek Postal Credit Union Post Community Credit Union
Apr 1, 2007 Veterans Administration Federal Credit Union Norway Community Credit Union
Mar 1, 2007 Hometown Community Credit Union Vibe Credit Union
Feb 5, 2007 Community Bank Northstar Bank
Jan 5, 2007 Fidelity Bank Fidelity Bank
Jan 5, 2007 Fidelity Financial Corporation of Michigan Dearborn Bancorp, Inc.

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

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