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 1, 2006 | Providence Hospital Federal Credit Union | Commonwealth One Federal Credit Union |
| Jul 1, 2006 | Mid-Valley Federal Credit Union | East Texas Professional Credit Union |
| Jul 1, 2006 | The Fulton County National Bank and Trust Company | Farmers and Merchants Trust Company of Chambersburg |
| Jul 1, 2006 | Brooklyn School Employees Credit Union, Inc. | Pse Credit Union, Inc. |
| Jul 1, 2006 | Printing Crafts Credit Union | Multipli Federal Credit Union |
| Jul 1, 2006 | First State Corp. | Firstfed Bancorp, Inc. |
| Jul 1, 2006 | Fulton Bancshares Corporation | Franklin Financial Services Corporation |
| Jul 1, 2006 | Royal American Bank | Midwest Bank and Trust Company |
| Jul 1, 2006 | Royal American Corporation | Midwest Banc Holdings, Inc. |
| Jul 1, 2006 | City National Bancshares, Inc. | Docking Bancshares, Inc. |
| Jul 1, 2006 | State Bank and Trust | Mount Prospect National Bank |
| Jul 1, 2006 | Albemarle First Bank | Rockingham Heritage Bank |
| Jun 30, 2006 | Plumbers & Steamfitters Local 348 Federal Credit Union | Goldenwest Federal Credit Union |
| Jun 30, 2006 | NVB Business Bank | North Valley Bank |
| Jun 30, 2006 | Premier Data Services, Inc. | Premier Financial Bancorp, Inc. |
| Jun 30, 2006 | Adair Insurance Agency, Inc. | Exchange Financial, Inc. |
| Jun 30, 2006 | Flint Hills Financial Services Corporation | Kansasland Bancshares, Inc. |
| Jun 30, 2006 | Icpr Federal Credit Union | Caribe Federal Credit Union |
| Jun 30, 2006 | Public Service C.D. Employees Federal Credit Union | Public Service Federal Credit Union |
| Jun 30, 2006 | Nu Genesis Credit Union | Numark Credit Union |
| Jun 30, 2006 | Crowley Building & Loan Association | Home Bank, N.A. |
| Jun 30, 2006 | Elmwood Park School Employees Credit Union | Leyden Credit Union |
| Jun 24, 2006 | Alamo Bank of Texas | Frost Bank |
| Jun 24, 2006 | Mid-Valley Bank | West Coast Bank |
| Jun 24, 2006 | Heritage Bank of Ashland, Inc. | Citizens Bank of Kentucky, Inc |
| Jun 24, 2006 | Fort Riley National Bank | Armed Forces Bank, N.A. |
| Jun 24, 2006 | Olathe State Bank | Bank of Colorado |
| Jun 22, 2006 | Olathe Bancorporation, Inc. | Pinnacle Bancorp, Inc. |
| Jun 19, 2006 | Johnson Bank Arizona, National Association | Johnson Bank |
| Jun 17, 2006 | State Bank of Rogers | Wells Fargo Bank, N.A. |
| Jun 16, 2006 | First-Citizens Bank, N.A. | First-Citizens Bank & Trust Company |
| Jun 15, 2006 | Community National Bancorporation | South Georgia Bank Holding Company |
| Jun 14, 2006 | Apex Mortgage Company | First Fidelity Bancorp, Inc. |
| Jun 13, 2006 | Rta Service Federal Credit Union | Rta Brooklyn Federal Credit Union |
| Jun 10, 2006 | United Prairie Bank-Slayton | United Prairie Bank |
| Jun 10, 2006 | Dekalb Bankshares, Inc. | First Community Corporation |
| Jun 10, 2006 | Southwest Community Bancorp | Placer Sierra Bancshares |
| Jun 10, 2006 | The Bank of Camden | First Community Bank |
| Jun 10, 2006 | Southwest Community Bank | Placer Sierra Bank |
| Jun 10, 2006 | United Prairie Bank-Jackson | United Prairie Bank |
| Jun 10, 2006 | United Prairie Bank - Madison | United Prairie Bank |
| Jun 10, 2006 | United Prairie Bank-New Ulm | United Prairie Bank |
| Jun 10, 2006 | The Mercantile Savings Bank | Peoples Community Bank |
| Jun 8, 2006 | Citizens, Incorporated | Cornerstone Holding Company, Inc. |
| Jun 5, 2006 | East Meadow Lodge Federal Credit Union | Sperry Associates Federal Credit Union |
| Jun 3, 2006 | Western Sierra National Bank | Columbia Bank |
| Jun 3, 2006 | Central California Bank | Columbia Bank |
| Jun 3, 2006 | Auburn Community Bank | Columbia Bank |
| Jun 3, 2006 | Western Sierra Bancorp | Umpqua Holdings Corporation |
| Jun 3, 2006 | Lake Community Bank | Columbia Bank |
The list holds 500 of the 862 mergers recorded for 2006.
Enforcement Actions in 2006
| Action date | Agency | Institution | Action |
|---|---|---|---|
| Aug 28, 2006 | OCC | U.S. Bank N.A. | Prohibition/Removal Orders: Ramos, Estela |
| Aug 28, 2006 | OCC | First National Bank and Trust | Civil Money Penalty (CMP): First National Bank and Trust |
| Aug 22, 2006 | OCC | The First National Bank of Three Rivers | Formal Agreement: The First National Bank of Three Rivers |
| Aug 22, 2006 | OCC | (individual) | Civil Money Penalty (CMP): Hays, John J. |
| Aug 16, 2006 | OCC | The Laredo National Bank | Formal Agreement: The Laredo National Bank |
| Aug 16, 2006 | OCC | National Penn Bank | Prohibition/Removal Orders: Mawhinney, Edward |
| Aug 16, 2006 | OCC | First National Bank of the Mid-Cities | Formal Agreement: First National Bank of The Mid-Cities |
| Aug 16, 2006 | OCC_OTS | First Community Bank | Orders of Removal/Prohibition: Tracy L. Coburn |
| Aug 14, 2006 | OCC | First National Bank | Prohibition/Removal Orders: Moffat, David |
| Aug 14, 2006 Released Sep 11, 2006 | FRB | Exchange Bank of Missouri | Written Agreement: Exchange Bank of Missouri, Fayette, MO |
| Aug 14, 2006 Released Aug 22, 2006 | FRB | Bank of York | Cease and Desist Order: Bank of York, York, AL |
| Aug 10, 2006 | OCC | AMCORE Bank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Amcore Bank, National Association |
| Aug 7, 2006 | OCC | First National Bank of Omaha | Civil Money Penalty (CMP): First National Bank of Omaha |
| Aug 3, 2006 | OCC | (individual) | Civil Money Penalty (CMP): Hays, Thomas E. |
| Aug 1, 2006 | OCC | Citibank, N.A. | Prohibition/Removal Orders: Teufel, Catherine A. |
| Aug 1, 2006 | OCC | National Bank of Commerce | C&D or PC&D Requiring Restitution: Fullerton, Timothy |
| Aug 1, 2006 | OCC | National Bank of Commerce | Civil Money Penalty (CMP): Fullerton, Timothy |
| Aug 1, 2006 | OCC | National Bank of Commerce | Prohibition/Removal Orders: Fullerton, Timothy |
| Jul 28, 2006 | OCC | FIA Card Services, N.A. | Prohibition/Removal Orders: Joyce, Jody |
| Jul 27, 2006 | OCC | National Bank of Commerce | C&D or PC&D Requiring Restitution: Osborne, Susan E. |
| Jul 27, 2006 | OCC | National Bank of Commerce | Civil Money Penalty (CMP): Osborne, Susan E. |
| Jul 27, 2006 | OCC | AB&T National Bank | Formal Agreement: AB & T National Bank |
| Jul 27, 2006 | OCC | Albany Bank & Trust, National Association | Formal Agreement: Albany Bank & Trust, National Association |
| Jul 27, 2006 | OCC | National Bank of Commerce | Prohibition/Removal Orders: Osborne, Susan E. |
| Jul 25, 2006 | OCC_OTS | Progressive-Home Federal Savings and Loan Association | Cease and Desist: Progressive Home Federal Savings & Loan Association |
| Jul 25, 2006 | OCC | Seacoast National Bank | Civil Money Penalty (CMP): Seacoast National Bank |
| Jul 25, 2006 | OCC | The First National Bank of Lindsay | Formal Agreement: The First National Bank of Lindsay |
| Jul 24, 2006 | OCC | The Farmers National Bank of Kittanning | Prohibition/Removal Orders: Brougher, Kenneth |
| Jul 24, 2006 | OCC | First National Bank and Trust | Formal Agreement: First National Bank and Trust |
| Jul 24, 2006 | OCC | The First National Bank of Ainsworth | Civil Money Penalty (CMP): Schaefer, Jerry |
| Jul 24, 2006 | OCC | The Farmers National Bank of Kittanning | Civil Money Penalty (CMP): Brougher, Kenneth |
| Jul 20, 2006 | OCC | First National Bank PLC | Formal Agreement: First National Bank |
| Jul 12, 2006 | OCC | The Putnam County National Bank of Carmel | Formal Agreement: The Putnam County National Bank of Carmel |
| Jul 12, 2006 | OCC | Vartan National Bank | Formal Agreement: Vartan National Bank |
| Jul 10, 2006 | OCC | Wells Fargo Bank, National Association | Prohibition/Removal Orders: Trejo, Joaquin |
| Jul 7, 2006 | OCC_OTS | Sovereign Bancorp, Inc. | Orders of Removal/Prohibition: Stephanie Walls |
| Jul 6, 2006 | OCC | The First National Bank of Brewster | Civil Money Penalty (CMP): The First National Bank of Brewster |
| Jul 5, 2006 Released Jul 14, 2006 | FRB | Banco Industrial De Venezuela, C.A. | Written Agreement: Banco Industrial de Venezuela, C.A., Caracas, Venezuela, Banco Industrial de Venezuela, C.A. … |
| Jun 29, 2006 Released Jul 5, 2006 | FRB | Progress Bancshares, Inc. | Cease and Desist Order: Progress Bancshares, Inc., Sullivan, MO and Progress Bank of Missouri, … |
| Jun 29, 2006 | OCC | First National Bank of Shelby County | Civil Money Penalty (CMP): McFarlane, A. Duncan |
| Jun 28, 2006 | OCC_OTS | Fox Chase Bank | Termination of Cease and Desist: Fox Chase Bank |
| Jun 28, 2006 | OCC | The First National Bank of Ipswich | Formal Agreement: The First National Bank of Ipswich |
| Jun 23, 2006 | OCC_OTS | Independence Federal Savings Bank | Cease and Desist: Independence FSB |
| Jun 22, 2006 | FRB | First Baird Bancshares, Inc. | Civil Money Penalty 87,500: Joe E. Sharp |
| Jun 22, 2006 Released Dec 21, 2017 | FRB | First Baird Bancshares, Inc. | Civil Money Penalty 87,500: First Baird Bancshares, Inc., Bedford, TX |
| Jun 22, 2006 | FRB | First Baird Bancshares, Inc. | Cease and Desist Order: Joe E. Sharp |
| Jun 22, 2006 | OCC_OTS | Olde Cypress Community Bank | Civil Money Penalty: Olde Cypress Community Bank |
| Jun 22, 2006 Released Dec 21, 2017 | FRB | First Baird Bancshares, Inc. | Cease and Desist Order: First Baird Bancshares, Inc., Bedford, TX |
| Jun 21, 2006 | OCC | First National Bank of Nevada | Civil Money Penalty (CMP): Lamb, R. Patrick |
| Jun 21, 2006 | OCC | First National Bank of Nevada | Civil Money Penalty (CMP): Busch, Frank W. |
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