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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
Dec 1, 2004 Oceana School Employees Credit Union Family Financial Credit Union
Oct 30, 2004 Bank of Washtenaw Fidelity Bank
Oct 11, 2004 Plainwell Community Federal Credit Union Advia Credit Union
Oct 1, 2004 Saint Linus Credit Union Polish-American Federal Credit Union
Oct 1, 2004 Saint Peters Parish Credit Union T L C Community Credit Union
Oct 1, 2004 Twin Cities Federal Credit Union Honor Credit Union dba Honor Investment Services
Sep 17, 2004 United Family Credit Union Unity Credit Union
Aug 1, 2004 Metrocom Area Credit Union Post Community Credit Union
Jul 3, 2004 Franklin Bank, a Federal Savings Bank First Place Bank
Jul 1, 2004 North Bancorp, Inc. Independent Bank Corporation
Jul 1, 2004 First National Bank of Gaylord Independent Bank
Jul 1, 2004 Bi-County Catholic Credit Union Bi-County PTC Federal Credit Union
Jun 30, 2004 Bakery Drivers Salesmen LOCAL#51 Credit Union Teamsters Credit Union
Jun 30, 2004 Osceola Community Credit Union Wmcu
Jun 28, 2004 State Bank of Caledonia Chemical Bank West
Jun 25, 2004 Midwest Bancshares Leasing, Inc. Independent Bank Corporation
Jun 25, 2004 Midwest Guaranty Mortgage Company Independent Bank East Michigan
Jun 7, 2004 Marshall Savings Bank, F.S.B. Monarch Community Bank
Jun 1, 2004 Midwest Guaranty Bank Independent Bank East Michigan
Jun 1, 2004 Midwest Guaranty Bancorp, Inc. Independent Bank Corporation
Apr 2, 2004 West Michigan Financial Corporation Fentura Financial, Inc.
Apr 1, 2004 Michigan Office State Farm Federal Credit Union State Farm Federal Credit Union
Feb 21, 2004 Sault Ste Marie Municipal Employees Credit Union Soo Co-Op Credit Union
Feb 20, 2004 Wells Fargo Bank Michigan, National Association Wells Fargo Bank, N.A.
Feb 1, 2004 Westshore Community Federal Credit Union Route 31 Federal Credit Union
Jan 1, 2004 Detroit Marathon Employees Federal Credit Union Downriver Community Federal Credit Union
Jan 1, 2004 M.E.S. Credit Union People Driven Credit Union
Dec 2, 2003 Caledonia Financial Corporation TCF Financial Corporation
Dec 1, 2003 Valley Communities Federal Credit Union United Financial Credit Union
Oct 17, 2003 North Oakland Community Bank Community Central Bank
Oct 2, 2003 Eloise Credit Union Chief Financial Federal Credit Union
Oct 1, 2003 CFC Data Corp TCF Financial Corporation
Sep 29, 2003 FSB Agency, Inc. FSB Bank
Sep 1, 2003 Associated Metro Federal Credit Union Village Community Credit Union
Aug 1, 2003 Greater Grace Temple Federal Credit Union Michigan First Credit Union
Jul 1, 2003 Gateway Credit Union Frankenmuth Credit Union
Jun 30, 2003 Riverview Community Employees Credit Union Shore to Shore Community Federal Credit Union
Jan 31, 2003 First Chicago NBD Auto Lease Corporation Bank One, National Association
Jan 2, 2003 Grand Shore Credit Union Lake Michigan Credit Union
Jan 1, 2003 Father Murray Federal Credit Union Christian Financial Credit Union
Jan 1, 2003 Wesley Credit Union Consumers Professional Credit Union
Jan 1, 2003 Saint Marks Credit Union Christian Financial Credit Union
Jan 1, 2003 Dupont & Associates Federal Credit Union Genisys Credit Union dba Genisys Investment Services
Jan 1, 2003 Grand Bank Macatawa Bank, N.A.
Nov 15, 2002 National Bank of Hastings Sand Ridge Bank
Nov 1, 2002 Birch Run Area Credit Union Great Lakes Federal Credit Union
Oct 1, 2002 R W C Employees Credit Union Sunrise Family Credit Union
Aug 21, 2002 Charter-Michigan Bancorp, Inc. Charter One Financial, Inc.
Aug 9, 2002 Charter Bank Charter One Bank, National Association
Aug 1, 2002 Contrak Credit Union Community Choice Credit Union

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

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