Calendar Year
2006 in US Banking
1,134 bank events are on record for 2006: 0 failures, 862 mergers or acquisitions involving a bank, credit union or bank holding company, and 272 enforcement actions.
0
Failures
—
862
Mergers
Federal Reserve NIC, banking organizations
272
Enforcement
OCC, FDIC, FRB, OTS and SEC 8-K filings
Jump to: Bank mergers 2006
Which banks merged in 2006?
862 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 2006.
See the fuller list: Bank mergers 2006 with largest deals and credit union mergers ›
| Date | Acquired | Acquirer |
|---|---|---|
| Oct 27, 2006 | Community National Bank | Banc of California |
| Oct 27, 2006 | Bay Net A Community Bank | Bay First Bank. National Association |
| Oct 27, 2006 | Community Bancorp Inc. | PacWest Bancorp |
| Oct 26, 2006 | NFGS & D Federal Credit Union | Empire One Federal Credit Union |
| Oct 23, 2006 | Northern Trust Bank, National Association | Northern Trust, National Association |
| Oct 23, 2006 | Northern Trust Bank of California National Association | Northern Trust, National Association |
| Oct 21, 2006 | People's State Bank | Morton Community Bank |
| Oct 21, 2006 | Manito Bank Services, Inc. | Hometown Community Bancorp, Inc. |
| Oct 21, 2006 | Purchase Area Bancorp, Inc. | Exchange Bancshares, Inc. |
| Oct 21, 2006 | Bardwell Deposit Bank | First Kentucky Bank, Inc. |
| Oct 21, 2006 | Bank One Trust Company, N.A. | JPMorgan Chase Bank, N.A. |
| Oct 20, 2006 | Nortrust Holding Corporation | Northern Trust Bank, National Association |
| Oct 20, 2006 | Bank of America, N.A. (USA) | FIA Card Services, N.A. |
| Oct 20, 2006 | Northern Trust of California Corporation | Northern Trust Bank of California National Association |
| Oct 20, 2006 | Hemlock Federal Bank for Savings | Marquette Bank |
| Oct 18, 2006 | New Asia Bancorp, Inc. | Cathay General Bancorp |
| Oct 18, 2006 | The Siwooganock Holding Company, Inc. | Passumpsic Bancorp |
| Oct 18, 2006 | Akzo Federal Credit Union | Quorum Federal Credit Union |
| Oct 18, 2006 | The Siwooganock Bank | Passumpsic Savings Bank |
| Oct 18, 2006 | New Asia Bank | Cathay Bank |
| Oct 17, 2006 | U.S. Bank Freight Payment Services, Inc. | U.S. Bank N.A. |
| Oct 16, 2006 | BWC Financial Corp. | First Republic Bank |
| Oct 16, 2006 | Bank of Walnut Creek | First Republic Bank |
| Oct 14, 2006 | Wyoming Bank & Trust Co. | Better Banks |
| Oct 14, 2006 | Valley Bancorp | Community Bancorp |
| Oct 14, 2006 | Valley Bank | Community Bank of Nevada |
| Oct 13, 2006 | The First National Bank of Sarcoxie | First State Bank of Joplin |
| Oct 13, 2006 | Extraco Investments Corporation | Extraco Banks, N.A. |
| Oct 12, 2006 | Extraco Insurance Services Corporation | Extraco Banks, N.A. |
| Oct 7, 2006 | Enterprise Bank & Trust | Enterprise Bank & Trust |
| Oct 7, 2006 | NewMil Bank | Webster Bank, N.A. |
| Oct 7, 2006 | Oswego County National Bank | Alliance Bank, N.A. |
| Oct 7, 2006 | Bridge Street Financial, Inc. | Alliance Financial Corporation |
| Oct 7, 2006 | Newmil Bancorp, Inc. | Webster Financial Corporation |
| Oct 4, 2006 | The Farwell State Savings Bank | FSB Bank |
| Oct 2, 2006 | Braintree Educators & Municipal Employees Federal Credit Union | Quincy Credit Union |
| Oct 2, 2006 | Glenshaw Glass Federal Credit Union | North Districts Community Credit Union |
| Oct 2, 2006 | Marshall County Teachers Federal Credit Union | Lake Chem Community Federal Credit Union |
| Oct 2, 2006 | Orange NJ Postal Employees Federal Credit Union | Montclair Postal Employees Credit Union |
| Oct 2, 2006 | New RCB, Inc. | RCB Holding Company, Inc. |
| Oct 1, 2006 | Dakota Catholic Federal Credit Union | Voyage Federal Credit Union |
| Oct 1, 2006 | Citibank (West) Bancorp Inc. | Citigroup Inc. |
| Oct 1, 2006 | Citibank (West) Holdings Inc. | Citigroup Inc. |
| Oct 1, 2006 | West, National Association | Citibank, N.A. |
| Oct 1, 2006 | The PB Financial Services Corporation | Alabama National Bancorporation |
| Oct 1, 2006 | Florence National Bank | Community Resource Bank, National Association |
| Oct 1, 2006 | Citizens National Bancshares, Inc. | Farmers Capital Bank Corporation |
| Oct 1, 2006 | Sumter National Bank | Community Resource Bank, National Association |
| Oct 1, 2006 | First State Bank, Southwest Indiana | German American Bank |
| Oct 1, 2006 | CFSB, National Association | Citibank, N.A. |
The list holds 500 of the 862 mergers recorded for 2006.
Enforcement Actions in 2006
| Action date | Agency | Institution | Action |
|---|---|---|---|
| Nov 2, 2006 | OCC | The First National Bank of Utica | Civil Money Penalty (CMP): Olson, Donald D. |
| Nov 2, 2006 | OCC | The First National Bank of Fremont | Civil Money Penalty (CMP): Mounts, Anne |
| Nov 2, 2006 | OCC | The First National Bank of Fremont | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Mounts, Anne |
| Nov 1, 2006 | OCC_OTS | Universal Bank | Supervisory Agreement: Universal Bank |
| Oct 31, 2006 | OCC | Hamilton Bank, N.A. | Formal Agreement: Hamilton Bank, National Association |
| Oct 31, 2006 | OCC_OTS | (individual) | Supervisory Agreement: Dryades Savings Bank, FSB |
| Oct 31, 2006 | OCC_OTS | MidFirst Bank | Orders of Removal/Prohibition: Marianne Grubbs |
| Oct 31, 2006 | OCC_OTS | Dryades Savings Bank, F.S.B. | Supervisory Agreement: Dryades Bancorp, Inc |
| Oct 31, 2006 | OCC | Hamilton Bank, N.A. | Civil Money Penalty (CMP): Hamilton Bank, National Association |
| Oct 31, 2006 | OCC_OTS | First Federal Bank of Ohio | Civil Money Penalty: Douglas C. Roesch |
| Oct 31, 2006 | OCC_OTS | First Federal Bank of Ohio | Orders of Removal/Prohibition: Douglas C. Roesch |
| Oct 26, 2006 | OCC | The First National Bank of Catlin | Civil Money Penalty (CMP): First National Bank of Catlin |
| Oct 26, 2006 | OCC | The First National Bank of Bellevue | Formal Agreement: The First National Bank of Bellevue |
| Oct 25, 2006 | OCC | First National Bank of Shelby County | Civil Money Penalty (CMP): Oliver, Jerry E. |
| Oct 25, 2006 | OCC | First National Bank of Shelby County | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Oliver, Jerry E. |
| Oct 25, 2006 | OCC | First National Bank of Shelby County | Civil Money Penalty (CMP): Conwill, Hewitt L. |
| Oct 24, 2006 | OCC | First National Bank PLC | Formal Agreement: First National Bank |
| Oct 18, 2006 | OCC | U.S. Bank N.A. | Civil Money Penalty (CMP): U.S. Bank National Association |
| Oct 18, 2006 | OCC | (individual) | Civil Money Penalty (CMP): Turner, Phillip E. |
| Oct 13, 2006 | OCC | Midwest Bank | Civil Money Penalty (CMP): MidWest Bank, National Association |
| Oct 11, 2006 Released Oct 12, 2006 | FRB | (individual) | Civil Money Penalty $5,000: John Price |
| Oct 5, 2006 | OCC | First United Bank, National Association | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): First United Bank, National Association |
| Oct 3, 2006 | OCC_OTS | R-G Crown Bank | Cease and Desist: R-G Crown Bank |
| Sep 26, 2006 | OCC | The First National Bank of New Holland | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): The First National Bank of New … |
| Sep 25, 2006 | OCC | National City Bank of Indiana | Prohibition/Removal Orders: Walker, Stephen Robert |
| Sep 25, 2006 | OCC | National City Bank of Indiana | Civil Money Penalty (CMP): Walker, Stephen Robert |
| Sep 25, 2006 | OCC | Wells Fargo Bank, N.A. | Prohibition/Removal Orders: Haratunian, Annette |
| Sep 21, 2006 | OCC | First National Bank of Shelby County | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Ash, Paul L. |
| Sep 20, 2006 | OCC | Regent Bank | Formal Agreement: Regent Bank & Trust Company, National Association |
| Sep 19, 2006 | OCC | (individual) | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Doha Bank |
| Sep 18, 2006 | OCC | The Blanco National Bank | Formal Agreement: The Blanco National Bank |
| Sep 18, 2006 | OCC_OTS | Sovereign Bancorp, Inc. | Orders of Removal/Prohibition: Jennifer Derr |
| Sep 15, 2006 | OCC | Henderson National Bank | Prohibition/Removal Orders: Jackson, Peggy S. |
| Sep 12, 2006 | OCC | Bank Calumet, Inc. | Prohibition/Removal Orders: Peterson, Michael |
| Sep 12, 2006 | OCC | The First National Bank of Ainsworth | Civil Money Penalty (CMP): Weichman, Denton |
| Sep 12, 2006 | OCC_OTS | American Loan and Savings Association | Supervisory Agreement: American Loan & Savings Association |
| Sep 11, 2006 | OCC_OTS | Greeneville Federal Bank, F.S.B. | Cease and Desist: Greeneville Federal Bank, FSB |
| Sep 7, 2006 | OCC_OTS | Page County Federal Savings Association | Cease and Desist: Page County Federal Savings Association |
| Sep 5, 2006 | OCC_OTS | Central Federal Savings and Loan Association of Rolla | Supervisory Agreement: Central Federal Savings and Loan Association |
| Sep 1, 2006 | OCC | First National Holding Company, Inc. | Prohibition/Removal Orders: Lemaster, Alan |
| Sep 1, 2006 | OCC_OTS | (individual) | Civil Money Penalty: Eric Wells |
| Sep 1, 2006 | OCC_OTS | (individual) | Civil Money Penalty: Richard Wells |
| Aug 31, 2006 | OCC | Harleysville National Corporation | Prohibition/Removal Orders: Hunsberger, Vernon L. |
| Aug 31, 2006 | OCC_OTS | Guaranty Bank | Orders of Removal/Prohibition: Joseph M. Salmonte |
| Aug 31, 2006 | OCC | Bank of America, N.A. | C&D or PC&D Requiring Restitution: Misislyan, Arpine |
| Aug 31, 2006 | OCC | Bank of America, N.A. | Prohibition/Removal Orders: Misislyan, Arpine |
| Aug 31, 2006 | OCC | Harleysville National Corporation | Civil Money Penalty (CMP): Hunsberger, Vernon L. |
| Aug 30, 2006 Released Aug 31, 2006 | FRB | Capital One Bank | Prohibition from Banking: Matthew Censoplano |
| Aug 28, 2006 | OCC | Bank One Trust Company, N.A. | C&D or PC&D Requiring Restitution: Siebu, Samuel |
| Aug 28, 2006 | OCC | Bank One Trust Company, N.A. | Prohibition/Removal Orders: Siebu, Samuel |
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