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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
Mar 8, 2000 FRB First Western Bank Cease and Desist Order: Frederick K. Wall
Mar 8, 2000 FRB First Western Bank Cease and Desist Order: James R. Sellers
Mar 8, 2000 FRB Bank of Tokyo-Mitsubishi (Chicago) Cease and Desist Order: Vinay B. Malhotra
Mar 8, 2000 OCC PNC Bank, N.A. C&D or PC&D Requiring Restitution: Parks, Kimberly A.
Mar 8, 2000 OCC Bank of America, N.A. Prohibition/Removal Orders: Yi, Judy
Mar 8, 2000 FRB First Western Bank Cease and Desist Order: Sunshine Financial, Clayton, GA
Mar 8, 2000 FRB First Western Bank Cease and Desist Order: R&T Foundation, Watkinsville, GA
Mar 6, 2000 OCC National Bank & Trust Formal Agreement: National Bank And Trust
Mar 6, 2000 OCC The Farmers National Bank of Forney Formal Agreement: The Farmers National Bank of Forney
Mar 1, 2000 OCC City National Bank of New Jersey Prohibition/Removal Orders: Cammarata, William C.
Mar 1, 2000 OCC JPMorgan Chase Bank, N.A. Prohibition/Removal Orders: D'Urso, Jack L.
Feb 29, 2000 OCC Six Rivers National Bank C&D or PC&D Requiring Restitution: Kay, William T.
Feb 29, 2000 OCC Six Rivers National Bank Civil Money Penalty (CMP): Kay, William T.
Feb 29, 2000 OCC Six Rivers National Bank C&D or PC&D Requiring Restitution: Murphy, Warren L.
Feb 29, 2000 OCC Six Rivers National Bank Civil Money Penalty (CMP): Murphy, Warren L.
Feb 25, 2000 OCC United Credit National Bank Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): United Credit National Bank
Feb 24, 2000 OCC First National Bank of Newton Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Barrington, James
Feb 23, 2000 FRB United Bank of Philadelphia Written Agreement: United Bancshares, Inc., Philadelphia, PA and United Bank of Philadelphia, Philadelphia, PA
Feb 18, 2000 OCC Valley National Bank Prohibition/Removal Orders: Maganuco, Graziella
Feb 17, 2000 OCC_OTS (individual) Supervisory Agreement: Tracy Federal Bank, F.S.B.
Feb 10, 2000 OCC City National Bank Prohibition/Removal Orders: de los Santos, Luisita
Feb 10, 2000 FRB (individual) Prompt Corrective Action: New Century Bank, Southfield, MI
Feb 10, 2000 OCC Bank One Trust Company, N.A. Prohibition/Removal Orders: Singh, Navneet Paul
Feb 8, 2000 OCC Wells Fargo Bank, N.A. Prohibition/Removal Orders: Reed, Aimee E.
Feb 8, 2000 FRB (individual) Written Agreement: Bank of New York, New York, NY
Feb 8, 2000 OCC Bank One, Texas, National Association Prohibition/Removal Orders: Canales, Richard G..
Feb 8, 2000 OCC Bank of America, N.A. Prohibition/Removal Orders: Cia, Brian C.
Feb 8, 2000 OCC City National Bank Prohibition/Removal Orders: Gardner, Joseph S.
Feb 8, 2000 OCC The National Bank of Rising Sun Formal Agreement: The National Bank of Rising Sun
Feb 7, 2000 OCC Union Planters Capital Trust a Prohibition/Removal Orders: Adams, Tracy B.
Feb 7, 2000 OCC Union Planters Corporation Prohibition/Removal Orders: Adams, Tracy B.
Feb 7, 2000 OCC Bank of America, N.A. Prohibition/Removal Orders: Dagnino, Daniel D.
Feb 7, 2000 OCC Union Planters Bank of Florida Prohibition/Removal Orders: Lopez, Alfredo
Feb 2, 2000 OCC Western National Bank of Cass Lake Formal Agreement: First National Bank of Cass Lake, The
Jan 27, 2000 OCC_OTS Heartland Bank Termination of Cease and Desist: Heartland Bank
Jan 27, 2000 OCC_OTS Eagle Bancgroup, Inc. Cease and Desist: Jeffrey L. Gendell
Jan 27, 2000 OCC_OTS Eagle Bancgroup, Inc. Cease and Desist: Tontine Management, LLC
Jan 27, 2000 OCC_OTS Eagle Bancgroup, Inc. Civil Money Penalty: Jeffrey L. Gendell
Jan 27, 2000 OCC_OTS Eagle Bancgroup, Inc. Civil Money Penalty: Tontine Management, LLC
Jan 19, 2000 OCC First National Bank of Newton C&D or PC&D Requiring Restitution: Huges, James E.
Jan 19, 2000 OCC First National Bank of Newton Prohibition/Removal Orders: Hughes, James E.
Jan 18, 2000 OCC_OTS Union Savings Bank Supervisory Agreement: Union Savings Bank
Jan 18, 2000 FRB (individual) Civil Money Penalty $10,000: Charles A. Drummond
Jan 18, 2000 OCC City National Bank C&D or PC&D Requiring Restitution: Bevans, Lawaii
Jan 18, 2000 OCC Continental National Bank of Miami Formal Agreement: Continental National Bank of Miami
Jan 18, 2000 OCC Bank of America, N.A. Prohibition/Removal Orders: Mouling, Karen D.
Jan 18, 2000 OCC City National Bank Prohibition/Removal Orders: Bevans, Lawaii
Jan 18, 2000 FRB Midwest Bank and Trust Company Prohibition from Banking: Christopher J. Woods
Jan 13, 2000 FRB First Western Bank Cease and Desist Order: Solomon King
Jan 10, 2000 OCC Bank One Trust Company, N.A. Prohibition/Removal Orders: Araar, Laura J.

Browse adjacent years: 1999 · 2001

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