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Bank Events in North Carolina

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 North Carolina (NC).

26
Failures
861
Mergers
225
Enforcement
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Bank Directory
All North Carolina banks

Failures in North Carolina

Date Bank City Assets Acquirer or resolution
May 10, 2013 Pisgah Community Bank Asheville $21.9M Capital Bank, N.A.
Apr 26, 2013 Parkway Bank Lenoir $109.6M Certusbank, N.A.
Jun 8, 2012 Waccamaw Bank Whiteville $533.1M First Community Bank
Oct 14, 2011 Blue Ridge Savings Bank, Inc. Asheville $161.4M Bank of North Carolina
Jan 21, 2011 The Bank of Asheville Asheville $204.9M First Bank
Jun 19, 2009 Cooperative Bank Wilmington $966.8M First Bank
Apr 10, 2009 Cape Fear Bank Wilmington $492.4M First Federal Savings and Loan Association of Charleston
May 20, 1993 Crown National Bank Charlotte $26.3M Lincoln Bank of NC
Jun 5, 1992 First American FSB Greensboro $804.3M Centura Bank
Oct 25, 1991 First Hanover Bank Wilmington $48.2M Central Carolina Bank and T
Jul 9, 1991 Surety FS & La Morganton $224.8M First Citizens B&TC
Mar 8, 1991 Preffered Savings and Loan High Point $224.5M Southern NB of NC
Dec 7, 1990 First Federal Savings Raleigh $520.4M Branch sale
Nov 16, 1990 Southeastern Savings Bank Charlotte $422.3M Branch sale
Jul 27, 1990 Guaranty Savings Bank FSB Fayetteville $53.9M Branch sale
Mar 2, 1990 North Carolina FS & La Charlotte $628.1M First Citizens B&TC
Mar 30, 1989 Heritage FS & La Monroe $311.7M First Citizens B&TC
Mar 30, 1989 Great Atlantic Savings Bank Manteo $126.8M NCNB NB of NC
May 13, 1988 Cardinal Savings Bank Newport $93.9M —
Jul 24, 1950 The Bank of Aurora Aurora $1.3M —
Mar 18, 1943 Bank of Black Mountain Black Moutain $855K —
Feb 6, 1942 Bank of Draper Draper $129K —
Jun 24, 1938 The Bank of Ashe Jefferson — —
Apr 9, 1938 Bank of Ellenboro Ellenboro — —
Jan 29, 1938 The Bank of Fremont Fremont — —
Dec 2, 1937 Peoples United Bank Southport — —

Mergers & Acquisitions involving North Carolina banks

Date Acquired (NC) Acquirer
Sep 24, 1994 First Federal Savings and Loan Association of Charlotte Security Capital Bank
Sep 12, 1994 Mutual Savings Bank of Rockingham County, SSB Truist Bank
Sep 12, 1994 Citizens Savings Bank, SSB Truist Bank
Sep 1, 1994 The Bank of Iredell United Carolina Bank
Aug 26, 1994 Central State Bank First Bank
Aug 22, 1994 Citizens Savings Bank, SSB, Inc. Truist Bank
Aug 5, 1994 Edgecomb Homestead Savings Bank, Inc., SSB First-Citizens Bank & Trust Company
Jul 1, 1994 Tobacco Credit Union Summit Credit Union
Jun 4, 1994 Mid-South Bank and Trust Company RBC Bank (USA)
Jun 1, 1994 American Commercial Savings Bank, Inc., SSB Wachovia Bank, N.A.
Jun 1, 1994 American Bancshares, Inc. Wachovia Corporation
Apr 1, 1994 Ball-Incon Asheville Employees Credit Union Telco Community Credit Union
Apr 1, 1994 Sja Federal Credit Union Premier Federal Credit Union
Apr 1, 1994 First Federal Savings and Loan Association Southbank, Federal Savings Bank
Apr 1, 1994 Roses Credit Association Federal Credit Union Freedom Federal Credit Union
Mar 25, 1994 Davidson Savings Bank, Inc., SSB Southern National Bank of North Carolina
Mar 25, 1994 First Savings Bank, Inc., SSB Southern National Bank of North Carolina
Mar 25, 1994 The Bank of Bladenboro First-Citizens Bank & Trust Company
Mar 1, 1994 A C C Federal Credit Union Carolina Cooperative Federal Credit Union
Mar 1, 1994 High Point Municipal Credit Union Civic Federal Credit Union
Feb 25, 1994 Home Federal Savings Bank Southern National Bank of North Carolina
Feb 12, 1994 Old Stone Bank of North Carolina, A FSB Truist Bank
Feb 1, 1994 Regency Bancshares Inc. Truist Financial Corporation
Dec 31, 1993 Canton Savings Bank, SSB RBC Bank (USA)
Dec 31, 1993 First Charlotte Financial Corporation RBC Bancorporation (USA)
Dec 31, 1993 First Charlotte Bank and Trust Company RBC Bank (USA)
Dec 31, 1993 Robeson Savings Bank, Inc., SSB RBC Bank (USA)
Dec 29, 1993 New East Bank of the Cape Fear Triangle Bank
Dec 29, 1993 New East Bank of New Bern Triangle Bank
Dec 29, 1993 New East Bank of Greenville Triangle Bank
Dec 29, 1993 New East Bancorp Triangle Bank
Dec 29, 1993 New East Bank of Goldsboro Triangle Bank
Dec 29, 1993 New East Bank of the Albemarle Triangle Bank
Dec 18, 1993 Bankers Trust of North Carolina Triad Bank
Nov 15, 1993 Citizens Savings Bank, SSB CCB Savings Bank of Lenoir, Inc., SSB
Nov 13, 1993 Home Federal Savings Bank of Eastern North Carolina United Carolina Bank
Oct 15, 1993 First Savings Bank of Forest City, S.S.B. RBC Bank (USA)
Oct 8, 1993 East Coast Savings Bank, SSB Southern National Bank of North Carolina
Oct 1, 1993 Boddie-Noell Enterprises Credit Union Freedom Federal Credit Union
Oct 1, 1993 Tarheels Federal Credit Union Carolina Cooperative Federal Credit Union
Sep 24, 1993 Pioneer Savings Bank, Inc. First-Citizens Bank & Trust Company
Aug 28, 1993 Edenton Savings and Loan Association Truist Bank
Aug 14, 1993 Carolina Savings Bank Truist Bank
Jul 31, 1993 Granite Savings Bank, SSB RBC Bank (USA)
Jul 10, 1993 Citizens Savings Bank, Inc. Southern Bank and Trust Company
Jul 2, 1993 Corning-Wilmington Federal Credit Union Corning Federal Credit Union
Jun 19, 1993 Caldwell Savings Bank, Inc., S.S.B. First-Citizens Bank & Trust Company
Jun 1, 1993 First Home Federal Savings and Loan Association Central Carolina Bank and Trust Company
Jun 1, 1993 First Home Federal Savings and Loan Association Truist Bank
May 18, 1993 First Fincorp, Incorporated Truist Bank