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