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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 1, 2011 RBC Trust Company (NC) LLC Renasant Bank
Jul 15, 2011 Wes Holding Corporation Wells Fargo Bank, N.A.
Jul 1, 2011 MidCarolina Bank American National Bank and Trust Company
Jul 1, 2011 Wells Fargo Dealer Services, Inc. Wells Fargo Bank, N.A.
Jul 1, 2011 Midcarolina Financial Corporation American National Bankshares Inc.
Jun 30, 2011 Capital Bank Capital Bank Corporation
May 6, 2011 Wachovia Mortgage Corporation Wells Fargo Bank, N.A.
Apr 1, 2011 Nantahala Bancshares, Inc. Nantahala Bank & Trust Company
Apr 1, 2011 North State Telco Credit Union Triad Partners Federal Credit Union
Mar 1, 2011 Wachovia Holdings, Inc. Wells Fargo Bank, N.A.
Feb 18, 2011 Ijl 2004, LLC Wells Fargo & Company
Jan 1, 2011 Enka Community Credit Union Mountain Credit Union
Jan 1, 2011 Wachovia Shared Resources, LLC Wells Fargo Bank, N.A.
Dec 31, 2010 Wachovia Financial Services, Inc. Wells Fargo Bank, N.A.
Dec 4, 2010 The Bank of Currituck TowneBank
Nov 1, 2010 RBC Bancorporation (USA) RBC USA Holdco Corporation
Oct 1, 2010 Cherryville Federal Savings and Loan Association HomeTrust Bank
Aug 1, 2010 V-R Employees Credit Association Federal Credit Union Bragg Mutual Federal Credit Union
May 1, 2010 Carolina Family Federal Credit Union Self-Help Credit Union
Mar 20, 2010 Wachovia Bank, N.A. Wells Fargo Bank, N.A.
Feb 1, 2010 Industrial Federal Savings Bank HomeTrust Bank
Jan 1, 2010 Stanley, Hunt, Dupree & Rhine, Inc. Truist Bank
Jan 1, 2010 Choice Federal Credit Union Self-Help Credit Union
Jan 1, 2010 Nuestro Banco Four Oaks Bank & Trust Company
Nov 1, 2009 Carolina Mountains Credit Union Self-Help Credit Union
Oct 15, 2009 Carolina Commerce Bank Carolina Trust Bank
Sep 1, 2009 JN Pease Employees Credit Union Greater Piedmont Credit Union
Sep 1, 2009 Hickory Printing Group Savings Plan Credit Union Summit Credit Union
Aug 1, 2009 TriStone Community Bank First Community Bank
Jul 1, 2009 Chatham Employees Credit Union Members Credit Union
Jul 1, 2009 Foothills Credit Union Nova Credit Union
Jul 1, 2009 Jefferson-Pilot Communications Federal Credit Union Truliant Federal Credit Union
May 9, 2009 Gateway Bank & Trust Company Xenith Bank
Apr 17, 2009 American Community Bank Yadkin Bank
Apr 17, 2009 American Community Bancshares, Inc. Yadkin Financial Corporation
Dec 31, 2008 Wachovia Corporation Wells Fargo & Company
Dec 8, 2008 Raleigh Federal Employees Federal Credit Union R T P Federal Credit Union
Nov 20, 2008 First Charter Leasing & Investing, Inc. Fifth Third Bank, National Association
Nov 16, 2008 Church Street Management Corporation RBC Bank (USA)
Nov 16, 2008 Church Street Management, Inc. RBC Bank (USA)
Nov 15, 2008 Coddle Creek Financial Corp. First Community Bankshares, Inc.
Nov 15, 2008 Mooresville Savings Bank, SSB First Community Bank
Nov 8, 2008 The Scottish Bank, National Association South State Bank
Nov 3, 2008 Forsyth County Employees Credit Union Summit Credit Union
Oct 1, 2008 News-Record Credit Union Summit Credit Union
Jul 1, 2008 Jack Armstrong Federal Credit Union Welcome Federal Credit Union
Jun 7, 2008 First Charter Corporation Fifth Third Financial Corporation
Jun 7, 2008 First Charter Bank Fifth Third Bank, National Association
May 31, 2008 Raleigh Post Office Employees Credit Union U S Postal Service Federal Credit Union
May 17, 2008 NCFB Credit Union Summit Credit Union