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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 |
|---|---|---|
| Jul 1, 1996 | Horizon Credit Union | Summit Credit Union |
| Jun 29, 1996 | Greensboro Federal Employees Federal Credit Union | Truliant Federal Credit Union |
| Jun 1, 1996 | SouthTrust Bank of North Carolina, National Association | SouthTrust Bank of North Carolina |
| Apr 1, 1996 | Concrete Federal Credit Union | Piedmont Advantage Credit Union |
| Mar 30, 1996 | Triad Bank | United Carolina Bank |
| Feb 29, 1996 | First Union Transportation Services, Inc. | Wachovia Corporation |
| Feb 28, 1996 | First Commercial Bank | RBC Bank (USA) |
| Feb 28, 1996 | First Commercial Holding Corporation | RBC Bancorporation (USA) |
| Feb 14, 1996 | Summit Savings Bank, SSB | First-Citizens Bank & Trust Company |
| Feb 14, 1996 | PFS Financial Services, Inc. | First-Citizens Bank & Trust Company |
| Feb 14, 1996 | Allied Bank Capital, Inc. | First Citizens Bancshares, Inc. |
| Feb 14, 1996 | Peoples Savings Bank, Inc., SSB | First-Citizens Bank & Trust Company |
| Jan 26, 1996 | Seaboard Savings Bank, Inc., SSB | United Carolina Bank |
| Jan 12, 1996 | Raleigh Federal Savings Bank | Wachovia Bank, N.A. |
| Jan 1, 1996 | Stabilization Credit Union | Summit Credit Union |
| Dec 31, 1995 | Nations Financial Holdings Corporation | Bank of America Corporation |
| Dec 31, 1995 | First Citizens Mortgage Company | First-Citizens Bank & Trust Company |
| Dec 29, 1995 | Enterprise Bank and Trust Company | Old North State Bank |
| Nov 1, 1995 | Cabco, Inc. | Cabarrus Bank of North Carolina |
| Nov 1, 1995 | The Village Bank | Triangle Bank |
| Sep 30, 1995 | Greensboro National Bank | Mutual Community Savings Bank, SSB |
| Jun 3, 1995 | First Southern Savings Bank, S.S.B | RBC Bank (USA) |
| Jun 3, 1995 | First Southern Bancorp, Inc. | RBC Bancorporation (USA) |
| May 27, 1995 | SNB Savings Bank, Inc., SSB | Truist Bank |
| May 27, 1995 | Southern National Bank of North Carolina | Truist Bank |
| May 20, 1995 | OMNIBANK, INC., A State Savings Bank, SSB | Central Carolina Bank and Trust Company |
| May 20, 1995 | Security Capital Bancorp | CCB Financial Corporation |
| May 20, 1995 | Security Capital Bank | Central Carolina Bank and Trust Company |
| May 20, 1995 | Citizens Savings, Inc., SSB | Central Carolina Bank and Trust Company |
| May 20, 1995 | Home Savings Bank, Inc., SSB | Central Carolina Bank and Trust Company |
| May 12, 1995 | Unity Bank & Trust Company | Triangle Bank |
| Apr 1, 1995 | Standard Bank & Trust Company | Triangle Bank |
| Apr 1, 1995 | Atlantic Community Bancorp, Inc. | Triangle Bancorp, Inc. |
| Apr 1, 1995 | Sears Piedmont Employees Federal Credit Union | American Partners Federal Credit Union |
| Mar 30, 1995 | Cleveland Federal Bank, a Savings Bank | RBC Bank (USA) |
| Mar 3, 1995 | State Bank | First-Citizens Bank & Trust Company |
| Mar 1, 1995 | BB&T Financial Corporation | Truist Financial Corporation |
| Feb 24, 1995 | First Investors Savings Bank, Inc., SSB | First-Citizens Bank & Trust Company |
| Feb 24, 1995 | Columbus National Bank | Triangle Bank |
| Feb 15, 1995 | Petty Machine Employees Federal Credit Union | Carolina Cooperative Federal Credit Union |
| Feb 6, 1995 | CCB Savings Bank of Lenoir, Inc., SSB | Central Carolina Bank and Trust Company |
| Jan 20, 1995 | Alamance County Employee Credit Union | Truliant Federal Credit Union |
| Jan 7, 1995 | Mdi Employees Federal Credit Union | Truliant Federal Credit Union |
| Jan 1, 1995 | MMC Credit Union | Members Credit Union |
| Jan 1, 1995 | Acco Employees Credit Union | Members Credit Union |
| Jan 1, 1995 | First Card Corporation | Wachovia Corporation |
| Dec 9, 1994 | First Republic Federal Savings Bank FSB | First-Citizens Bank & Trust Company |
| Dec 1, 1994 | Carolina Students Credit Union | Coastal Federal Credit Union |
| Dec 1, 1994 | Wellco Credit Union | Champion Credit Union |
| Oct 1, 1994 | Biltmore Farms Credit Union | Champion Credit Union |
The list holds the 500 most recent of 861 mergers.