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Calendar Year

2000 in US Banking

1,306 bank events are on record for 2000: 7 failures, 1,048 mergers or acquisitions involving a bank, credit union or bank holding company, and 251 enforcement actions.

7
Failures
$410.2M in failed assets
1,048
Mergers
Federal Reserve NIC, banking organizations
251
Enforcement
OCC, FDIC, FRB, OTS and SEC 8-K filings

Jump to: Bank failures 2000 · Bank mergers 2000

How many banks failed in 2000?

7 banks failed in 2000, with $410.2M in assets. Each failure below links to its own page.

Date Bank HQ Assets Acquirer or resolution
Dec 14, 2000 National State Bank of Metropolis Metropolis, IL $90.4M Banterra Bank
Oct 13, 2000 Bank of Honolulu Honolulu, HI $63.9M Bank of the Orient
Sep 29, 2000 Bank of Falkner Falkner, MS $85.5M Citizens Bank & Savings Com
Jul 14, 2000 Town & Country Bank of Almelund Almelund, MN $25.9M S&C Bank, Minnesota
Jun 2, 2000 Monument National Bank Ridgecrest, CA $7.9M Israel Discount Bank of New
Mar 10, 2000 Mutual Federal Savings Bank of Atlanta Atlanta, GA $31.5M Citizens Trust Bank
Jan 14, 2000 Hartford-Carlisle SB Carlisle, IA $105.0M Citizens Bank

Which banks merged in 2000?

1,048 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 2000.

See the fuller list: Bank mergers 2000 with largest deals and credit union mergers ›

Date Acquired St Acquirer
Dec 16, 2000 Bank of Commerce OK Bank of Commerce
Dec 15, 2000 Colonial N.J. Federal Credit Union NJ L'Oreal USA Federal Credit Union
Dec 15, 2000 First Bank FL SouthTrust Bank
Dec 15, 2000 Century Bank AZ The Harris Bank National Association
Dec 15, 2000 First Bank Holding Company FL Wachovia of Alabama, Inc.
Dec 14, 2000 Aetna Trust Company, FSB CT ING National Trust
Dec 13, 2000 Griffin General Partner, Inc. MO Griffin Bancshares, Inc.
Dec 11, 2000 Kermit State Bank TX Cathay Bank
Dec 11, 2000 Bank of the West TX West Texas State Bank
Dec 11, 2000 Kermit State Bank TX West Texas State Bank
Dec 11, 2000 Computer Center Inc. TX West Texas State Bank
Dec 11, 2000 First Federal Savings Bank of Marion IN MutualBank
Dec 9, 2000 Ameribank MI Fifth Third Bank, Indiana
Dec 9, 2000 Pioneer American Bank, National Association PA Pennstar Bank, National Association
Dec 9, 2000 Commerce Bank of Virginia VA Commerce Bank
Dec 9, 2000 County Bank of Chesterfield VA Commerce Bank
Dec 8, 2000 Ameribank Corporation OK Arvest Central Oklahoma, Inc.
Dec 8, 2000 Arvest United Bank, A State Savings Bank OK Arvest Bank
Dec 8, 2000 United Oklahoma Bankshares, Inc. OK Arvest Central Oklahoma, Inc.
Dec 8, 2000 The Citizens State Bank CO Colorado East Bank & Trust
Dec 8, 2000 Dayton State Bank TX Paradigm Bank Texas
Dec 8, 2000 Ottawa Financial Corporation MI Fifth Third Bancorp
Dec 7, 2000 Quaker Oats Shiremanstown Federal Credit Union PA Belco Community Credit Union
Dec 7, 2000 Kaiser Erie Federal Credit Union PA Erie Federal Credit Union
Dec 5, 2000 The State National Bank of Caddo Mills TX Security Bank National Association
Dec 4, 2000 Bridgeport Telephone Employee Federal Credit Union CT Merritt Federal Credit Union
Dec 4, 2000 (unnamed) — Farmers Bank of Northern Missouri
Dec 4, 2000 Epak Atlantic Federal Credit Union PA Sun Federal Credit Union
Dec 4, 2000 American State Bank OR Albina Community Bank
Dec 2, 2000 Valley of the Rogue Bank OR Columbia Bank
Dec 1, 2000 Lakeland National Bank MN Community National Bank
Dec 1, 2000 VRB Bancorp OR Umpqua Holdings Corporation
Dec 1, 2000 Louisiana Bank & Trust Company LA Britton & Koontz Bank, N.A.
Dec 1, 2000 Mountaineer Federal Credit Union WV Pioneer Appalachia Federal Credit Union
Dec 1, 2000 Provident Bank of Florida FL The Provident Bank
Dec 1, 2000 Talbot Bancshares, Inc. MD Shore Bancshares, Inc.
Dec 1, 2000 Warrendale Community Credit Union MI Community Choice Credit Union
Dec 1, 2000 Members United Federal Credit Union PA Pennsylvania Central Federal Credit Union
Dec 1, 2000 D&N Bank MI Republic Bank
Dec 1, 2000 Morris County Employees Federal Credit Union NJ Tri-Co Federal Credit Union
Dec 1, 2000 Gateway Federal Credit Union ME Norstate Federal Credit Union
Dec 1, 2000 BPX Federal Credit Union TX Advancial Federal Credit Union
Dec 1, 2000 Robuck, Inc. NE Commfirst Bancorporation, Inc.
Dec 1, 2000 Haven Bancorp, Inc. NY Flagstar Financial, Inc.
Dec 1, 2000 Paauhau Federal Credit Union HI Hawaii Community Federal Credit Union
Dec 1, 2000 (unnamed) — First Northern Credit Union
Dec 1, 2000 Bank Capital Corporation CO Guaranty Corporation
Dec 1, 2000 Twin Meadows Federal Credit Union MA Premier Source Credit Union
Dec 1, 2000 Chicago Tube and Iron Credit Union IL Archer Heights Credit Union
Dec 1, 2000 PNC Converted Bank, National Association PA PNC Bank, N.A.

The list holds 500 of the 1,048 mergers recorded for 2000.

Enforcement Actions in 2000

Action date Agency Institution Action
May 19, 2000 OCC_OTS (individual) Decision/Opinion and Order: Gordon E. Allen
May 18, 2000 OCC_OTS First Heights Bank, FSB Supervisory Agreement: First Heights Bank, a FSB
May 18, 2000 OCC_OTS Home Federal Savings Bank Orders of Removal/Prohibition: Hugh R. Fullerton
May 18, 2000 OCC_OTS (individual) Cease and Desist: David J. Turner Jr.
May 16, 2000 FRB (individual) Cease and Desist Order: Korea Exchange Bank, Seoul, Korea, Korea Exchange Bank Los Angeles …
May 10, 2000 OCC Wells Fargo Bank, N.A. C&D or PC&D Requiring Restitution: King, Stephen A.
May 10, 2000 OCC Wells Fargo Bank, N.A. Prohibition/Removal Orders: King, Stephen A.
May 10, 2000 OCC First Illinois Corporation Civil Money Penalty (CMP): Henson, Larry
May 5, 2000 OCC (individual) Prohibition/Removal Orders: Moreland, Victoria P.
May 5, 2000 OCC_OTS St James Federal Savings and Loan Association Supervisory Agreement: St. James Federal Savings and Loan Association
May 2, 2000 OCC_OTS (individual) Orders of Removal/Prohibition: Karina E. Graulus
May 1, 2000 OCC Wells Fargo Bank, N.A. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Singh, Veenindra
May 1, 2000 OCC Wells Fargo Bank, N.A. C&D or PC&D Requiring Restitution: Singh, Veenindra
Apr 26, 2000 OCC_OTS (individual) Civil Money Penalty: Crusader SB, FSB
Apr 26, 2000 OCC_OTS Crusader Savings Bank, F.S.B. Supervisory Agreement: Crusader Savings Bank, F.S.B.
Apr 19, 2000 OCC (individual) Formal Agreement: First National Bank & Trust Company
Apr 18, 2000 OCC_OTS The Dime Savings Bank of New York, FSB Orders of Removal/Prohibition: Anamaria Pedraza
Apr 18, 2000 OCC_OTS Lakeview Financial Corporation Civil Money Penalty: Kevin J. Coogan
Apr 17, 2000 OCC_OTS Algiers Homestead Association Supervisory Agreement: Algiers Homestead Associaiton
Apr 15, 2000 OCC The First National Bank of Farmington Prohibition/Removal Orders: Florez, Florence
Apr 14, 2000 OCC_OTS Carnegie Savings Bank Supervisory Agreement: Carnegie Savings Bank
Apr 7, 2000 OCC FIA Card Services, N.A. Prohibition/Removal Orders: Beeks, James Wesley
Apr 6, 2000 OCC Sleepy Hollow National Bank Formal Agreement: Sleepy Hollow National Bank
Apr 4, 2000 OCC Anahuac National Bank Formal Agreement: Anahuac National Bank
Mar 31, 2000 OCC_OTS (individual) Supervisory Agreement: First American Savings Bank
Mar 28, 2000 OCC Bank of America, N.A. Prohibition/Removal Orders: Villanueva, William G.
Mar 24, 2000 OCC Gateway Bank of St. Louis Formal Agreement: Gateway National Bank of St. Louis
Mar 23, 2000 OCC Goleta National Bank Formal Agreement: Goleta National Bank
Mar 22, 2000 OCC Professional Bancorp, Inc. Formal Agreement: First Professional Bank, National Association
Mar 20, 2000 OCC_OTS (individual) Orders of Removal/Prohibition: Todd J. Van Tol
Mar 17, 2000 OCC_OTS Sovereign Bancorp, Inc. Orders of Removal/Prohibition: Sakeenah Polk
Mar 17, 2000 OCC_OTS Sovereign Bancorp, Inc. Orders of Removal/Prohibition: Tara Gladney-Mobley
Mar 17, 2000 FRB (individual) Written Agreement: Security Dollar Bank, Niles, OH
Mar 17, 2000 OCC_OTS (individual) Cease and Desist: Ronald S. Gilliam
Mar 17, 2000 OCC_OTS Sovereign Bancorp, Inc. Cease and Desist: Sakeenah Polk
Mar 17, 2000 OCC_OTS Sovereign Bancorp, Inc. Orders of Removal/Prohibition: Christine Cipriano
Mar 17, 2000 OCC_OTS (individual) Orders of Removal/Prohibition: Douglas R. Narkiewicz
Mar 17, 2000 OCC_OTS Sovereign Bancorp, Inc. Orders of Removal/Prohibition: Edward F. Harvey, Jr.
Mar 17, 2000 OCC_OTS York Federal Savings & Loan Association Orders of Removal/Prohibition: Lana M. Desenberg
Mar 17, 2000 OCC_OTS Fidelity Federal Bank, a Federal Savings Bank Orders of Removal/Prohibition: Rohan Sachdev
Mar 15, 2000 OCC Fleet Massachusetts Securities Corporation Prohibition/Removal Orders: Szymanski, Walter M.
Mar 14, 2000 OCC The Old Exchange National Bank of Okawville Formal Agreement: The Old Exchange National Bank of Okawville
Mar 13, 2000 OCC_OTS American Federal Savings Bank Termination of Cease and Desist: Mark S. Goldstein
Mar 13, 2000 OCC_OTS American Federal Savings Bank Termination of Cease and Desist: Paley, Rothman, et al.
Mar 10, 2000 OCC First National Bank of Gonzales C&D or PC&D Requiring Restitution: Melancon, John Grady
Mar 10, 2000 OCC Six Rivers National Bank C&D or PC&D Requiring Restitution: Burger, John F.
Mar 10, 2000 OCC Six Rivers National Bank Civil Money Penalty (CMP): Burger, John F.
Mar 10, 2000 OCC First National Bank of Gonzales Civil Money Penalty (CMP): Melancon, John Grady
Mar 10, 2000 OCC First National Bank of Gonzales Prohibition/Removal Orders: Melancon, John Grady
Mar 9, 2000 FRB Banco Popular de Puerto Rico Written Agreement: Banco Popular de Puerto Rico, Hato Rey, Puerto Rico

Browse adjacent years: 1999 · 2001

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