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 |
|---|---|---|---|
| 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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