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 | Assets |
|---|---|---|
| Dec 14, 2000 | National State Bank of Metropolis | $90.4M |
| Oct 13, 2000 | Bank of Honolulu | $63.9M |
| Sep 29, 2000 | Bank of Falkner | $85.5M |
| Jul 14, 2000 | Town & Country Bank of Almelund | $25.9M |
| Jun 2, 2000 | Monument National Bank | $7.9M |
| Mar 10, 2000 | Mutual Federal Savings Bank of Atlanta | $31.5M |
| Jan 14, 2000 | Hartford-Carlisle SB | $105.0M |
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 | Acquirer |
|---|---|---|
| Nov 4, 2000 | Security Bank of Three Forks | First Security Bank |
| Nov 4, 2000 | Iroquois Bancorp, Inc. | First Niagara Financial Group, Inc. |
| Nov 3, 2000 | Clearview Gardens Federal Credit Union | Consumers Federal Credit Union |
| Nov 3, 2000 | First Ascension Bancorp, Inc. | Whitney Holding Corporation |
| Nov 1, 2000 | Martin Number 1 Credit Union | North Alabama Educators Credit Union |
| Nov 1, 2000 | Viking Employees Federal Credit Union | Premierone Credit Union |
| Nov 1, 2000 | Hillyard Employees Credit Union | Goetz Credit Union |
| Nov 1, 2000 | Associates Mechanical Federal Credit Union | Mypoint Cu SD |
| Nov 1, 2000 | A.G. Edwards Trust Company | A.G. Edwards Trust Company FSB |
| Nov 1, 2000 | M & I Lakeview Bank | M&I Marshall and Ilsley Bank |
| Nov 1, 2000 | First Bank of California | First Bank & Trust |
| Nov 1, 2000 | Southwest Cedar Rapids Community Federal Credit Union | Community 1st Credit Union |
| Nov 1, 2000 | First Bank Texas National Association | First Bank & Trust |
| Nov 1, 2000 | First American Bank, National Association | First American Bank |
| Nov 1, 2000 | Haircutters Federal Credit Union | Southern Security Federal Credit Union |
| Nov 1, 2000 | Soleco Federal Credit Union | Southern Security Federal Credit Union |
| Nov 1, 2000 | Parisian Credit Union | The Cornerstone Credit Union |
| Nov 1, 2000 | Bremer Bank, N.A. | Bremer Bank, N.A. |
| Nov 1, 2000 | Popular Holdings USA, Inc. | Popular North America, Inc. |
| Nov 1, 2000 | A.G. Edwards Trust Company of Texas | A.G. Edwards Trust Company FSB |
| Nov 1, 2000 | W T N Federal Credit Union | Sound Credit Union |
| Nov 1, 2000 | Commercial Bank of San Francisco | First Bank & Trust |
| Nov 1, 2000 | Anaheim Area Credit Union | Orange County's Federal Credit Union |
| Nov 1, 2000 | Fort Myer Federal Credit Union | Pentagon Federal Credit Union |
| Nov 1, 2000 | Louzion Federal Credit Union | Transcend Credit Union |
| Nov 1, 2000 | Investors Fiduciary Trust Company | State Street Bank and Trust Company |
| Nov 1, 2000 | Citizens Southern Bank, Inc. | First Community Bank |
| Nov 1, 2000 | First Federal Savings and Loan Association | Cadence Bank |
| Nov 1, 2000 | A.G. Edwards Trust Company | A.G. Edwards Trust Company FSB |
| Nov 1, 2000 | (unnamed) | First Bank & Trust |
| Nov 1, 2000 | Haveg Employees Federal Credit Union | Louviers Federal Credit Union |
| Nov 1, 2000 | St. Clements Federal Credit Union | Franklin Mint Federal Credit Union |
| Oct 31, 2000 | Verson Credit Union | Credit Union 1 |
| Oct 30, 2000 | York Federal Savings & Loan Association | Waypoint Bank |
| Oct 30, 2000 | Blue Cross/Blue Shield United Federal Credit Union | Rocky Mountain Credit Union |
| Oct 30, 2000 | Towne Bank | Banner Bank |
| Oct 29, 2000 | Great Valley Savings Bank | Fulton Bank, N.A. |
| Oct 28, 2000 | Courtland State Bank | Alliance Bank |
| Oct 28, 2000 | Corpus Christi Chrome Federal Credit Union | Gulf Coast Federal Credit Union |
| Oct 28, 2000 | Minnesota Valley Financial Services, Inc | Alliance Financial Services, Inc. |
| Oct 28, 2000 | Republic Bank California National Association | HSBC Bank USA, N.A. |
| Oct 27, 2000 | Roberto Clemente Federal Credit Union | Bethex Federal Credit Union |
| Oct 26, 2000 | Mountain Bank System, Inc. | Flathead Holding Company of Bigfork |
| Oct 24, 2000 | INB Mortgage Company | Inland Northwest Bank |
| Oct 21, 2000 | Pinnacle Bank | Pinnacle Bank - Wyoming |
| Oct 21, 2000 | Pinnacle Bank | Pinnacle Bank - Wyoming |
| Oct 21, 2000 | Pinnacle Bank | Pinnacle Bank - Wyoming |
| Oct 21, 2000 | United Community Bank | F&M Bank- Atlantic |
| Oct 21, 2000 | Ramsey Bank | Ramsey National Bank |
| Oct 21, 2000 | Citizens Bank | Citizens Bank |
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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