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 |
|---|---|---|
| Jul 21, 2006 | SterlingSouth Bank & Trust Company | Bank of North Carolina |
| Jul 21, 2006 | (unnamed) | Commerce Bank |
| Jul 19, 2006 | First of Homestead, Inc. | Hometown of Homestead Banking Company |
| Jul 18, 2006 | James Monroe Bank | Mercantile-Safe Deposit and Trust Company |
| Jul 18, 2006 | James Monroe Bancorp, Inc. | Mercantile Bankshares Corporation |
| Jul 15, 2006 | Golden State Bank | Brown County State Bank |
| Jul 15, 2006 | Sound Federal Savings | Hudson City Savings Bank |
| Jul 14, 2006 | Progressive State Bank | New Century Bank South |
| Jul 11, 2006 | Clover Leaf Bank | First Clover Leaf Bank, National Association |
| Jul 10, 2006 | West Carrollton Parchment Employees Credit Union, Inc. | River Valley Credit Union, Inc. |
| Jul 8, 2006 | Metrobank, National Association | Triumph Community Bank, National Association |
| Jul 8, 2006 | Peoples Bank | Kentucky Bank |
| Jul 8, 2006 | Peoples Bancorp of Sandy Hook, Inc. | Kentucky Bancshares, Inc. |
| Jul 7, 2006 | Metrocorp Capital Trust I | Metrobank, National Association |
| Jul 7, 2006 | Metrocorp, Inc. | Metrobank, National Association |
| Jul 5, 2006 | Lynnwood Financial Group, Inc. | Sterling Financial Corporation |
| Jul 5, 2006 | Northstar Bancshares, Inc. | Enterprise Financial Services Corp |
| Jul 4, 2006 | The Bancshares, Inc. | Cbin Subsidiary, Inc. |
| Jul 3, 2006 | Valley Employees Credit Union | TVA Community Credit Union |
| Jul 2, 2006 | Hudmo Valley Federal Credit Union | Capital Communications Federal Credit Union |
| Jul 1, 2006 | Kenesco Credit Union, Inc. | Members Choice Credit Union |
| Jul 1, 2006 | The State Bank | The State Bank |
| Jul 1, 2006 | Sdi Federal Credit Union | Members Credit Union |
| Jul 1, 2006 | Milestone Federal Credit Union | Hanscom Federal Credit Union |
| Jul 1, 2006 | Nebraska Citadel Federal Credit Union | Centris Federal Credit Union |
| Jul 1, 2006 | Moore Federal Credit Union | Alliant Credit Union |
| Jul 1, 2006 | Compass Credit Union | Bellwether Community Credit Union |
| Jul 1, 2006 | Atlantic Liberty Savings, F.A. | Flushing Bank |
| Jul 1, 2006 | Missouri Student Federal Credit Union | West Community Credit Union |
| Jul 1, 2006 | Des Moines Mercy Credit Union | Community Choice Credit Union |
| Jul 1, 2006 | Madison County Georgia Federal Credit Union | Georgia United Credit Union |
| Jul 1, 2006 | Member 1 Credit Union, Incorporated | Superior Credit Union Inc |
| Jul 1, 2006 | Liberty Federal Credit Union | Spero Financial Federal Credit Union |
| Jul 1, 2006 | Genesee First Federal Credit Union | Sagelink Credit Union |
| Jul 1, 2006 | Regional Community Federal Credit Union | Midflorida Credit Union |
| Jul 1, 2006 | The State Bank | Union State Bank |
| Jul 1, 2006 | Well-Tel Federal Credit Union | Emery Federal Credit Union |
| Jul 1, 2006 | Burry Employees Federal Credit Union | Elizabeth, NJ Firemen's Federal Credit Union |
| Jul 1, 2006 | Core One Credit Union | Kemba Financial Credit Union, Inc. |
| Jul 1, 2006 | Midwest Federal Credit Union | McHenry County Federal Credit Union |
| Jul 1, 2006 | Missouri State Bank and Trust Company | Southwest Bank, An M&I Bank |
| Jul 1, 2006 | Hapeville Auto Employees Credit Union | Georgia's Own Credit Union |
| Jul 1, 2006 | West One Federal Credit Union | Keypoint Credit Union |
| Jul 1, 2006 | Scesc Federal Credit Union | Palmetto Citizens Federal Credit Union |
| Jul 1, 2006 | Advantage Credit Union | Marine Credit Union |
| Jul 1, 2006 | Nepco Federal Credit Union | Minnequa Works Credit Union |
| Jul 1, 2006 | Assumption Parish Cleveland Credit Union | Unity Catholic Federal Credit Union |
| Jul 1, 2006 | Cape Fear Credit Union | Self-Help Credit Union |
| Jul 1, 2006 | West Toledo Federal Credit Union | Glass City Federal Credit Union |
| Jul 1, 2006 | Flinchbaugh Credit Union | White Rose 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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