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 1, 2006 | State Farm Northeast Federal Credit Union | State Farm Federal Credit Union |
| Oct 1, 2006 | State Farm Southern Federal Credit Union | State Farm Federal Credit Union |
| Oct 1, 2006 | Citibank Texas, National Association | Citibank, N.A. |
| Oct 1, 2006 | C.P. Burnett & Sons, Inc. | Midwest Community Bancshares, Inc. |
| Oct 1, 2006 | Citizens Development Company | Glacier Bancorp, Inc. |
| Oct 1, 2006 | Firstier Bancorp I | Firstier Bancorp |
| Oct 1, 2006 | Embeco Credit Union | Premier Source Credit Union |
| Oct 1, 2006 | Citizens State Bank | German American Bank |
| Oct 1, 2006 | State Farm Central Federal Credit Union | State Farm Federal Credit Union |
| Oct 1, 2006 | Michigan Federal Credit Union | Tri-Pointe Community Credit Union |
| Oct 1, 2006 | Tri Valley Community Federal Credit Union | Vocal Credit Union |
| Oct 1, 2006 | State Farm Great Western Federal Credit Union | State Farm Federal Credit Union |
| Oct 1, 2006 | Se Family Federal Credit Union | Freedom Credit Union |
| Oct 1, 2006 | Cal-Cen Federal Credit Union | Carepoint Federal Credit Union |
| Oct 1, 2006 | Home Building Savings Bank, F.S.B. | First Federal Savings Bank |
| Oct 1, 2006 | State Farm Heartland Federal Credit Union | State Farm Federal Credit Union |
| Oct 1, 2006 | Elevator Employees Federal Credit Union | Glass City Federal Credit Union |
| Oct 1, 2006 | United Federal Credit Union | United Federal Credit Union |
| Oct 1, 2006 | State Farm Texas Federal Credit Union | State Farm Federal Credit Union |
| Oct 1, 2006 | Peoples Bank | German American Bank |
| Oct 1, 2006 | Lever United Community Credit Union | Municipal Employees Credit Union of Baltimore, Inc |
| Oct 1, 2006 | Littelfuse Employees Credit Union | Vamco Credit Union |
| Oct 1, 2006 | First National Bank of Wiggins | The First Bank |
| Oct 1, 2006 | Eastern Credit Union, Inc. | Golden Circle Credit Union, Inc. |
| Oct 1, 2006 | State Farm California Federal Credit Union | State Farm Federal Credit Union |
| Oct 1, 2006 | Greater Houston Federal Credit Union | Houston Federal Credit Union |
| Oct 1, 2006 | Sourceone Federal Credit Union | Firefly Federal Credit Union |
| Oct 1, 2006 | C. P. Burnett & Sons, Bankers | First Southern Bank |
| Oct 1, 2006 | Brecksville School Employees Credit Union | Emerald Credit Union, Inc. |
| Oct 1, 2006 | Citicorp Trust, National Association | Citibank, N.A. |
| Oct 1, 2006 | State Farm Pacific Northwest Federal Credit Union | State Farm Federal Credit Union |
| Oct 1, 2006 | First American Bank | German American Bank |
| Oct 1, 2006 | Members First Federal Credit Union | Transcend Credit Union |
| Oct 1, 2006 | State Farm Mid-Atlantic Federal Credit Union | State Farm Federal Credit Union |
| Oct 1, 2006 | South Omaha Federal Credit Union | Centris Federal Credit Union |
| Oct 1, 2006 | Charles River Federal Credit Union | First Technology Federal Credit Union |
| Oct 1, 2006 | North Central West Virginia Ibew Federal Credit Union | Morgantown a E S Federal Credit Union |
| Oct 1, 2006 | Citibank (Delaware) | Citibank, N.A. |
| Oct 1, 2006 | Citibank (Nevada), National Association | Citibank (South Dakota), N.A. |
| Oct 1, 2006 | Mercy Health Center Federal Credit Union | The Focus Federal Credit Union |
| Oct 1, 2006 | Rochester Gauges Federal Credit Union | Mobility Credit Union |
| Oct 1, 2006 | South Coast Community Federal Credit Union | Wescom Central Credit Union |
| Oct 1, 2006 | Gateway Credit Union | Westerra Credit Union |
| Oct 1, 2006 | State Farm Florida Reg Office Federal Credit Union | State Farm Federal Credit Union |
| Oct 1, 2006 | Merit Federal Credit Union | Tri Boro Federal Credit Union |
| Oct 1, 2006 | Saint Lucie Community Credit Union | Guardians Credit Union |
| Oct 1, 2006 | Pan Am Horizons Federal Credit Union | Power Financial Credit Union |
| Oct 1, 2006 | Hillcrest Community Credit Union | Cardinal Credit Union, Inc. |
| Oct 1, 2006 | Oregon Independent Federal Credit Union | Oregonians Credit Union |
| Oct 1, 2006 | Inland Counties Postal Credit Union | Priority One Credit Union |
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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