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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).
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 |
|---|---|---|
| Nov 6, 2004 | Badin Employees Federal Credit Union | Premier Federal Credit Union |
| Oct 18, 2004 | The Community Bank | Southern Community Bank and Trust |
| Sep 1, 2004 | Rocky Mount Postal Credit Union | First Carolina People's Credit Union |
| Aug 2, 2004 | Advantage Credit Union | Piedmont Advantage Credit Union |
| Aug 2, 2004 | Carbon City Federal Credit Union | Allegacy Federal Credit Union |
| Aug 1, 2004 | Salvaho Federal Credit Union | Premier Federal Credit Union |
| Jun 30, 2004 | Bank of America Technology and Operations, Inc. | Bank of America, N.A. |
| May 1, 2004 | Caswell Credit Union | Generations Community Credit Union |
| Apr 1, 2004 | Firestone Credit Union | Self-Help Credit Union |
| Feb 27, 2004 | College Heights Credit Union | Bragg Mutual Federal Credit Union |
| Jan 31, 2004 | Perquimans Credit Union | Generations Community Credit Union |
| Jan 1, 2004 | High Country Bank | Yadkin Bank |
| Jan 1, 2004 | High Country Financial Corporation | Yadkin Bank |
| Dec 8, 2003 | Victory-Masonic Mutual Credit Union | Truliant Federal Credit Union |
| Nov 1, 2003 | Alpha Community Credit Union | Piedmont Advantage Credit Union |
| Oct 18, 2003 | Avery County Bank | First-Citizens Bank & Trust Company |
| Oct 3, 2003 | MountainBank | Carolina First Bank |
| Oct 3, 2003 | Mountainbank Financial Corporation | The South Financial Group, Inc. |
| Oct 1, 2003 | BBC Federal Credit Union | Allegacy Federal Credit Union |
| Sep 29, 2003 | FCB Acquisition, LLC | First Charter Bank |
| Aug 30, 2003 | Centennial Bank | Vantagesouth Bank |
| Aug 28, 2003 | Carlyle and Company Credit Union | Truliant Federal Credit Union |
| Aug 18, 2003 | Dicey Federal Credit Union | Truliant Federal Credit Union |
| Aug 1, 2003 | U.S. Trust Company of North Carolina | U.S. Trust Company, National Association |
| Jul 25, 2003 | First Commerce Bank | Bank of Granite |
| Jul 16, 2003 | First Commerce Corporation | Bank of Granite Corporation |
| Jun 23, 2003 | Industrial Credit Union | Generations Community Credit Union |
| May 1, 2003 | Durham Veterans Administration Credit Union | Vision Financial Federal Credit Union |
| May 1, 2003 | Goldsboro Firemens Credit Union | First Carolina People's Credit Union |
| Apr 28, 2003 | Chowan Credit Union | Generations Community Credit Union |
| Apr 15, 2003 | Ba Mortgage, LLC | Bank of America, N.A. |
| Apr 1, 2003 | Liberty Savings and Loan Association | Security Savings Bank, SSB |
| Jan 1, 2003 | Community Bancshares, Inc. | Integrity Financial Corporation |
| Jan 1, 2003 | Northwestern National Bank | Catawba Valley Bank |
| Dec 7, 2002 | High Street Banking Company | Capital Bank |
| Dec 3, 2002 | Wachovia Acquisition Corporation 2001-01 | Wachovia Corporation |
| Dec 1, 2002 | High Street Corporation | Capital Bank Corporation |
| Oct 17, 2002 | Southern Credit Services, Inc. | Southern Community Bank and Trust |
| Aug 1, 2002 | Piedmont Bank | Yadkin Bank |
| Aug 1, 2002 | Main Street Bankshares, Inc. | Yadkin Bank |
| Aug 1, 2002 | Rowan Bancorp, Inc. | Communityone Bancorp |
| Jul 11, 2002 | Rowan-Iredell Area Credit Union | First Legacy Community Credit Union |
| Jun 30, 2002 | Durham Municipal Credit Union | Members Credit Union |
| Jun 18, 2002 | Independence Bank | Bank of North Carolina |
| Jun 1, 2002 | The Morris Plan Savings Bank, Inc., SSB | Randolph Bank & Trust Company |
| Apr 30, 2002 | Lufkin Credit Union | Members Credit Union |
| Apr 25, 2002 | Southern Investment Services, Inc. | Southern Community Bank and Trust |
| Apr 1, 2002 | Wachovia Bank, National Association | Wachovia Bank, N.A. |
| Mar 16, 2002 | Community Savings Bank, SSB | Capital Bank |
| Mar 8, 2002 | Park Meridian Bank | Regions Bank |
The list holds the 500 most recent of 861 mergers.