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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
Jan 1, 2007 Holland Central Credit Union Parda Federal Credit Union
Dec 30, 2006 Republic Bancorp Inc. Citizens Republic Bancorp, Inc.
Dec 16, 2006 Range Bank - Copper Country, National Association Range Bank
Dec 8, 2006 Valley Ridge Bank ChoiceOne Bank
Dec 1, 2006 Valley Financial Corp. Northstar Financial Group, Inc.
Nov 1, 2006 Valley Ridge Financial Corporation ChoiceOne Financial Services, Inc.
Nov 1, 2006 United Savers Federal Credit Union Advia Credit Union
Oct 4, 2006 The Farwell State Savings Bank FSB Bank
Oct 1, 2006 Melvindale Community Credit Union Zeal Credit Union
Oct 1, 2006 Michigan Federal Credit Union Tri-Pointe Community Credit Union
Oct 1, 2006 Bell Com Credit Union Adventure Credit Union
Oct 1, 2006 United Federal Credit Union United Federal Credit Union
Oct 1, 2006 Battle Creek Building Trades Credit Union Kalsee Credit Union
Sep 1, 2006 Tri-County Veterans Credit Union Freestar Financial Credit Union
Aug 26, 2006 River Bay Credit Union Peninsula Federal Credit Union
Jul 1, 2006 Genesee First Federal Credit Union Sagelink Credit Union
Jun 1, 2006 Saint Valentine Federal Credit Union Catholic Vantage Financial
Jun 1, 2006 Catholic Community Credit Union Jackson Community Federal Credit Union
May 20, 2006 Oak Industrial Park Credit Union Western Districts Members Credit Union
Apr 22, 2006 Pelican Financial, Inc. SBG II, LTD
Apr 1, 2006 First Financial Credit Union Motor City Co-Op Credit Union
Feb 1, 2006 Kastco Credit Union Omni Community Credit Union
Jan 1, 2006 Chemical Bank West Chemical Bank
Jan 1, 2006 Welchs Credit Union Consumers Credit Union
Jan 1, 2006 Federal Employees Credit Union Pfcu
Jan 1, 2006 Chemical Bank Shoreline Chemical Bank
Oct 1, 2005 Saginaw Automotive Employees Federal Credit Union Amalgamated Credit Union
Oct 1, 2005 Monroe County and Municipalities Employees Credit Union Monroe Community Credit Union
Oct 1, 2005 Keystone Financial Corporation FirstBank Corporation
Oct 1, 2005 Metrobank CF Bancorp
Oct 1, 2005 Soc Credit Union Michigan Schools and Government Credit Union
Sep 1, 2005 Macomb County Postal Employees Credit Union MY Postal Credit Union
Aug 1, 2005 Bloomfield Hills Schools Credit Union Credit Union One
Jul 1, 2005 Saint Frances Xavier Cabrini Federal Credit Union Jolt Credit Union
Jul 1, 2005 Community Plus Savings Bank Ccfbank N.A.
Jul 1, 2005 Royal Oak Schools Credit Union Michigan Educational Credit Union
Jul 1, 2005 River Place Financial Corporation Community Central Bank
Jun 20, 2005 Bloomfield Hills Bancorp, Inc. Privatebancorp, Inc.
Jun 11, 2005 Alliance Financial Corporation Horizon Bancorp, Inc.
Jun 11, 2005 Alliance Banking Company Horizon Bank
May 1, 2005 Suburban Family Credit Union Credit Union One
Apr 30, 2005 Saint Ladislaus Credit Union Polish-American Federal Credit Union
Apr 25, 2005 Northwestern Area Credit Union Wmcu
Mar 31, 2005 Health Services Credit Union Credit Union One
Mar 31, 2005 North Oakland Community Credit Union Credit Union One
Feb 28, 2005 C-J Federal Credit Union A B D Federal Credit Union
Jan 29, 2005 Midland Area Credit Union Wildfire Credit Union
Jan 1, 2005 Eagle Country Federal Credit Union Covantage Credit Union
Jan 1, 2005 Up Trans Comm Federal Credit Union Northern United Federal Credit Union
Dec 1, 2004 Kemba Credit Union Kemba Financial Credit Union, Inc.

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

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