State Hub
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).
Failures in North Carolina
| Date | Bank | Assets |
|---|---|---|
| May 10, 2013 | Pisgah Community Bank | $21.9M |
| Apr 26, 2013 | Parkway Bank | $109.6M |
| Jun 8, 2012 | Waccamaw Bank | $533.1M |
| Oct 14, 2011 | Blue Ridge Savings Bank, Inc. | $161.4M |
| Jan 21, 2011 | The Bank of Asheville | $204.9M |
| Jun 19, 2009 | Cooperative Bank | $966.8M |
| Apr 10, 2009 | Cape Fear Bank | $492.4M |
| May 20, 1993 | Crown National Bank | $26.3M |
| Jun 5, 1992 | First American FSB | $804.3M |
| Oct 25, 1991 | First Hanover Bank | $48.2M |
| Jul 9, 1991 | Surety FS & La | $224.8M |
| Mar 8, 1991 | Preffered Savings and Loan | $224.5M |
| Dec 7, 1990 | First Federal Savings | $520.4M |
| Nov 16, 1990 | Southeastern Savings Bank | $422.3M |
| Jul 27, 1990 | Guaranty Savings Bank FSB | $53.9M |
| Mar 2, 1990 | North Carolina FS & La | $628.1M |
| Mar 30, 1989 | Heritage FS & La | $311.7M |
| Mar 30, 1989 | Great Atlantic Savings Bank | $126.8M |
| May 13, 1988 | Cardinal Savings Bank | $93.9M |
| Jul 24, 1950 | The Bank of Aurora | $1.3M |
| Mar 18, 1943 | Bank of Black Mountain | $855K |
| Feb 6, 1942 | Bank of Draper | $129K |
| Jun 24, 1938 | The Bank of Ashe | — |
| Apr 9, 1938 | Bank of Ellenboro | — |
| Jan 29, 1938 | The Bank of Fremont | — |
| Dec 2, 1937 | Peoples United Bank | — |
Mergers & Acquisitions involving North Carolina banks
| Date | Acquired (NC) | Acquirer |
|---|---|---|
| Apr 18, 2008 | Longleaf Community Bank | Four Oaks Bank & Trust Company |
| Apr 1, 2008 | Sheffield Financial LLC | BB&T Financial, FSB |
| Mar 31, 2008 | Cardinal State Bank | Yadkin Bank |
| Mar 29, 2008 | Mutual Community Savings Bank, SSB | Mechanics & Farmers Bank |
| Mar 29, 2008 | New Century Bank South | Select Bank & Trust Company |
| Feb 29, 2008 | Fayetteville Observer-Times Credit Union | Members Credit Union |
| Feb 1, 2008 | United Community Bank | United Community Bank |
| Jan 1, 2008 | East Carolina University Credit Union | State Employees Credit Union |
| Jan 1, 2008 | Municipal Thrift Club Credit Union | Southern Select Community Cu |
| Dec 27, 2007 | FNB Southeast Investment Services, Inc. | NewBridge Bank |
| Dec 22, 2007 | LSB Investment Services, Inc. | NewBridge Bank |
| Dec 22, 2007 | FNB Southeast Mortgage Corporation | NewBridge Bank |
| Dec 1, 2007 | TSB Financial Corporation | SouthState Bank Corporation |
| Nov 13, 2007 | FNB Southeast | NewBridge Bank |
| Aug 1, 2007 | FNB Financial Services Corporation | Newbridge Bancorp |
| Jun 16, 2007 | Port City Capital Bank | Vantagesouth Bank |
| Feb 1, 2007 | GT&R Employees North Carolina Federal Credit Union | Founders Federal Credit Union |
| Dec 30, 2006 | Winston-Salem Police Credit Union | Winston-Salem Federal Credit Union |
| Dec 1, 2006 | Henderson Postal Cu | First Carolina People's Credit Union |
| Sep 1, 2006 | City of Wilson - Employees Federal Credit Union | Self-Help Credit Union |
| Aug 1, 2006 | First Gaston Bank of North Carolina | Communityone Bank, National Association |
| Jul 21, 2006 | SterlingSouth Bank & Trust Company | Bank of North Carolina |
| Jul 14, 2006 | Progressive State Bank | New Century Bank South |
| Jul 1, 2006 | Sdi Federal Credit Union | Members Credit Union |
| Jul 1, 2006 | Cape Fear Credit Union | Self-Help Credit Union |
| Apr 29, 2006 | Integrity Financial Corporation | Communityone Bancorp |
| Apr 24, 2006 | Integrity Securities, Inc. | First Gaston Bank of North Carolina |
| Mar 1, 2006 | Metropolitan Community Credit Union | Generations Community Credit Union |
| Feb 1, 2006 | Alamance Bank | Communityone Bank, National Association |
| Jan 23, 2006 | Covenant Community Credit Union | Generations Community Credit Union |
| Jan 14, 2006 | 1st State Bank | Capital Bank |
| Jan 5, 2006 | Catawba Valley Bank | First Gaston Bank of North Carolina |
| Jan 3, 2006 | 1st State Bancorp, Inc. | Capital Bank Corporation |
| Jan 2, 2006 | Saint Luke Credit Union | Generations Community Credit Union |
| Dec 1, 2005 | Arrowood Association Federal Credit Union | Founders Federal Credit Union |
| Nov 15, 2005 | LMH Employees Credit Union | Civic Federal Credit Union |
| Nov 4, 2005 | United Financial, Inc. | Communityone Bancorp |
| Nov 1, 2005 | Trinity Bank | Citizens South Bank |
| Nov 1, 2005 | BB&T Factors Corporation | Truist Bank |
| Oct 1, 2005 | Tank Line Federal Credit Union | Allegacy Federal Credit Union |
| Oct 1, 2005 | First Charter Brokerage Services, Inc. | First Charter Bank |
| Jul 1, 2005 | Unity Community Credit Union | Members Credit Union |
| Jul 1, 2005 | Herald-Sun Federal Credit Union | Vision Financial Federal Credit Union |
| May 2, 2005 | Triad Postal Credit Union | Nova Credit Union |
| May 1, 2005 | Avx Raleigh Federal Credit Union | Coastal Federal Credit Union |
| Apr 22, 2005 | Chatham-Lee Credit Union | Truliant Federal Credit Union |
| Apr 1, 2005 | Home Savings Bank | HomeTrust Bank |
| Jan 1, 2005 | Scotland Community Credit Union | Self-Help Credit Union |
| Dec 1, 2004 | Rowan Savings Bank, SSB, Inc. | Communityone Bank, National Association |
| Dec 1, 2004 | Compact Credit Union | First Legacy Community Credit Union |
The list holds the 500 most recent of 861 mergers.