Calendar Year
2001 in US Banking
1,148 bank events are on record for 2001: 4 failures, 940 mergers or acquisitions involving a bank, credit union or bank holding company, and 204 enforcement actions.
4
Failures
$1.82B in failed assets
940
Mergers
Federal Reserve NIC, banking organizations
204
Enforcement
OCC, FDIC, FRB, OTS and SEC 8-K filings
Jump to: Bank failures 2001 · Bank mergers 2001
How many banks failed in 2001?
4 banks failed in 2001, with $1.82B in assets. Each failure below links to its own page.
| Date | Bank | Assets |
|---|---|---|
| Sep 7, 2001 | Sinclair National Bank | $29.8M |
| Jul 27, 2001 | Superior Bank, FSB | $1.77B |
| May 3, 2001 | Malta National Bank | $9.1M |
| Feb 2, 2001 | First Alliance Bank and Trust Co | $17.4M |
Which banks merged in 2001?
940 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 2001.
See the fuller list: Bank mergers 2001 with largest deals and credit union mergers ›
| Date | Acquired | Acquirer |
|---|---|---|
| Jul 14, 2001 | The First National Bank and Trust Company Athens, Tennessee | Truist Bank |
| Jul 14, 2001 | Atlantic Aviation Employees Federal Credit Union | Del-One Federal Credit Union |
| Jul 14, 2001 | The Bank of Whitesburg | Whitaker Bank, Inc |
| Jul 14, 2001 | BankFirst | Truist Bank |
| Jul 13, 2001 | First National Bancorp, Inc. | BMO Financial Corp. |
| Jul 12, 2001 | City Bancshares, Inc. | First Financial Bankshares, Inc. |
| Jul 12, 2001 | BankFirst Trust Company | Truist Bank |
| Jul 9, 2001 | LB Bancorp, Inc. | State Financial Services Corporation |
| Jul 9, 2001 | Liberty Bank | State Financial Bank, National Association |
| Jul 7, 2001 | Provident Bank, F.S.B. | Gold Bank |
| Jul 4, 2001 | Jade Financial Corp | PSB Bancorp, Inc. |
| Jul 4, 2001 | Iga Federal Savings | Conestoga Bank |
| Jul 2, 2001 | Rusk Delaware Financial Corporation | Henderson Citizens Delaware Bancshares, Inc. |
| Jul 2, 2001 | Perry County Financial Corporation | Jefferson County Bancshares, Incorporated |
| Jul 2, 2001 | Alliance Bancorp | Charter-Michigan Bancorp, Inc. |
| Jul 2, 2001 | Rusk County Bancshares, Inc. | VeraBank, Inc. |
| Jul 2, 2001 | James River Bankshares, Inc. | First Virginia Banks, Inc. |
| Jul 2, 2001 | Tokai Bank of California | United California Bank |
| Jul 2, 2001 | Cytec Employees Federal Credit Union | Connex Credit Union, Inc |
| Jul 2, 2001 | Mon-Pres Federal Credit Union | The United Federal Credit Union |
| Jul 2, 2001 | Witco Credit Union | Penacol Federal Credit Union |
| Jul 2, 2001 | A.G. Edwards Trust Company | A.G. Edwards Trust Company FSB |
| Jul 2, 2001 | Members 1st Credit Union | Consumer Credit Union |
| Jul 2, 2001 | Liberty Federal Bank | Charter One Bank, National Association |
| Jul 1, 2001 | Mennonite Federal Credit Union | Arkansas Valley Federal Credit Union |
| Jul 1, 2001 | Cal West Credit Union | Financial Partners Credit Union |
| Jul 1, 2001 | Senco Employees Federal Credit Union | Emery Federal Credit Union |
| Jul 1, 2001 | Willamette Falls Federal Credit Union | Rivermark Community Credit Union |
| Jul 1, 2001 | Trustmark Insurance Company Credit Union | Baxter Credit Union |
| Jul 1, 2001 | Aal Member Credit Union | Thrivent Trust Co. |
| Jul 1, 2001 | The First American Bank | Brooks Bank, N.A. |
| Jul 1, 2001 | Providence Federal Employees Federal Credit Union | Postal Government Employees Federal Credit Union |
| Jul 1, 2001 | Western Credit Union | Express Credit Union |
| Jul 1, 2001 | Anemostat Employees Federal Credit Union | Net Federal Credit Union |
| Jul 1, 2001 | Valley State Bank of Oslo | Community Bank of the Red River Valley |
| Jul 1, 2001 | Spaulding Employees Credit Union | Premier Source Credit Union |
| Jul 1, 2001 | Tri-Clover Credit Union | Educators Credit Union |
| Jul 1, 2001 | Mountaintop Federal Credit Union | Cross Valley Federal Credit Union |
| Jul 1, 2001 | Tolland Pic Holding Corporation | Tolland Bank |
| Jul 1, 2001 | First State Bancorp of the Rockies | First MainStreet Financial, Ltd. |
| Jul 1, 2001 | Community Trust Financial Services Corporation | GB&T Bancshares, Inc. |
| Jul 1, 2001 | The Pennsylvania Capital Bank | Three Rivers Bank and Trust Company |
| Jul 1, 2001 | National Carbon Employees Credit Union | Harrison County Federal Credit Union |
| Jul 1, 2001 | Francor Financial, Inc. | First Merchants Corporation |
| Jul 1, 2001 | Lamar Capital Corporation | Hancock Whitney Corporation |
| Jul 1, 2001 | Drovers Bancshares Corporation | Fulton Financial Corporation |
| Jul 1, 2001 | Oak Lawn Community Church Credit Union | South Division Credit Union |
| Jul 1, 2001 | Aal Credit Union | Thrivent Trust Co. |
| Jul 1, 2001 | Mountain Bell Credit Union | Wings Credit Union |
| Jul 1, 2001 | Connecticut Irs Employees Federal Credit Union | Capitol Region Federal Credit Union |
The list holds 500 of the 940 mergers recorded for 2001.
Enforcement Actions in 2001
| Action date | Agency | Institution | Action |
|---|---|---|---|
| Jan 3, 2001 | OCC_OTS | (individual) | Termination of Cease and Desist: Wilshire Acquisitions Corp. |
| Jan 3, 2001 | OCC_OTS | Wilshire Credit Corporation | Termination of Cease and Desist: Wilshire Credit Corp. |
| Jan 2, 2001 | OCC | Texas Premier Bank, National Association | Civil Money Penalty (CMP): Breihan, Richard M. |
| Jan 2, 2001 | OCC | Citizens National Bank | Civil Money Penalty (CMP): Avary, Leewood W. |
Browse adjacent years: 2000 · 2002
Or jump to a category: Failures · Mergers · Enforcement · Assistance