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 | Stone City Bank of Bedford, Indiana | German American Bank |
| Oct 1, 2006 | Jackson City and County Employees Credit Union | Resource Federal Credit Union |
| Oct 1, 2006 | Commercial Capital Bank, FSB | Washington Mutual Bank |
| Oct 1, 2006 | Universal Financial Corp. | Citibank (South Dakota), N.A. |
| Oct 1, 2006 | Bell Com Credit Union | Adventure Credit Union |
| Oct 1, 2006 | Battle Creek Building Trades Credit Union | Kalsee Credit Union |
| Oct 1, 2006 | F C I L E Federal Credit Union | Members Heritage Credit Union Inc |
| Oct 1, 2006 | Unit 10 Credit Union | Scott Credit Union |
| Oct 1, 2006 | Citibank USA, N.A. | Citibank (South Dakota), N.A. |
| Oct 1, 2006 | Melvindale Community Credit Union | Zeal Credit Union |
| Oct 1, 2006 | Bank of Ridgeway | Community Resource Bank, National Association |
| Oct 1, 2006 | State Farm Mid America Federal Credit Union | State Farm Federal Credit Union |
| Oct 1, 2006 | Comdial-Charlottesville Federal Credit Union | Sperry Marine Federal Credit Union |
| Oct 1, 2006 | FirsTier Bank, Wyoming | Firstier Bank |
| Sep 30, 2006 | UnitedKingfield Bank | Camden National Bank |
| Sep 30, 2006 | Starlight Baptist Church Credit Union Inc. | Antioch Baptist Church Credit Union, Inc. |
| Sep 30, 2006 | Both of Delaware, Inc. | Sterling Bancorporation, LLC |
| Sep 30, 2006 | Both, Inc. | Sterling Bancshares, Inc. |
| Sep 30, 2006 | Bank of the Hills, National Association | Sterling Bank |
| Sep 30, 2006 | Kent State Student Credit Union | Kent Credit Union, Inc. |
| Sep 30, 2006 | Community Capital Bank | Carver Federal Savings Bank |
| Sep 30, 2006 | City of Naples Federal Credit Union | Suncoast Credit Union |
| Sep 30, 2006 | San Juan (Puerto Rico) Federal Credit Union | Caribe Federal Credit Union |
| Sep 30, 2006 | The First Western Bank Custer | First Western Bank |
| Sep 29, 2006 | Laurel Financial Group, Inc. | First Commonwealth Bank |
| Sep 29, 2006 | Healthcare Administration Technologies, Inc. | PNC Bank, N.A. |
| Sep 28, 2006 | Pinebank, National Association | Republic Federal Bank, N.A. |
| Sep 25, 2006 | Barre Catholic Credit Union | 802 Credit Union |
| Sep 25, 2006 | Elo Participacoes S.A. | BBD Participacoes S.A. |
| Sep 25, 2006 | Chelan County P.U.D. Employees Credit Union | Numerica Credit Union |
| Sep 23, 2006 | Centennial Bank of Pueblo | Wells Fargo Bank, N.A. |
| Sep 23, 2006 | Fremont National Bank of Canon City | Wells Fargo Bank, N.A. |
| Sep 22, 2006 | MBNA America Delaware, National Association | Bank of America, N.A. |
| Sep 20, 2006 | Madison County School Employees Federal Credit Union | Focal Point Federal Credit Union |
| Sep 19, 2006 | Ridgestone Financial Services, Inc. | Ridgestone Financial Services, Inc. |
| Sep 19, 2006 | Fredonia Central School Federal Credit Union | Inner Lakes Federal Credit Union |
| Sep 16, 2006 | Main Street Bank | Truist Bank |
| Sep 16, 2006 | First Liberty Bancorp, Inc. | Washingtonfirst Bank |
| Sep 16, 2006 | First Liberty National Bank | Washingtonfirst Bank |
| Sep 16, 2006 | Mountain States Bancorporation, Inc. | UMB Bank Colorado, National Association |
| Sep 16, 2006 | Farmers & Merchants Bank and Trust Company | F&M Bank and Trust Company |
| Sep 16, 2006 | Mountain States Bank | UMB Bank Colorado, National Association |
| Sep 15, 2006 | (unnamed) | CommunityBanks |
| Sep 12, 2006 | WestStar Bank | U.S. Bank N.A. |
| Sep 11, 2006 | Rural American Bank - Hector/Fairfax | Valley Bank |
| Sep 11, 2006 | Clayton Mortgage Corp. | Texas Country Bank |
| Sep 11, 2006 | Community of Hope Federal Credit Union | Southern Chautauqua Federal Credit Union |
| Sep 11, 2006 | Citizens State Bank of Waterville | Valley Bank |
| Sep 9, 2006 | State Bank | Amfirst Bank |
| Sep 9, 2006 | Independence Community Bank | Santander Bank, 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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