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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 St Acquirer
Dec 31, 2006 First National Bank of Goliad TX American Bank, National Association
Dec 31, 2006 Cecilian Fcu PA American Heritage Federal Credit Union
Dec 31, 2006 TCF Mortgage Corporation MN TCF National Bank
Dec 30, 2006 Unity Bank, National Association MN Unity Bank
Dec 30, 2006 Community National Bank VA Carter Bank & Trust
Dec 30, 2006 The First National Bank of Chelsea OK Lakeside State Bank
Dec 30, 2006 First National Bank VA Carter Bank & Trust
Dec 30, 2006 First American Bank, National Association FL First American Bank
Dec 30, 2006 Islands Bancorp SC Ameris Bancorp
Dec 30, 2006 Peoples National Bank VA Carter Bank & Trust
Dec 30, 2006 The Summit National Bank GA United Commercial Bank
Dec 30, 2006 Summit Bank Corporation GA Ucbh Holdings, Inc.
Dec 30, 2006 Patriot Bank, National Association VA Carter Bank & Trust
Dec 30, 2006 Central National Bank VA Carter Bank & Trust
Dec 30, 2006 Shenandoah National Bank VA Carter Bank & Trust
Dec 30, 2006 Armstrong Bancshares, Inc. OK Ironhorse Financial Group, Inc.
Dec 30, 2006 First National Exchange Bank VA Carter Bank & Trust
Dec 30, 2006 First Arkansas Valley Bank AR Liberty Bank of Arkansas
Dec 30, 2006 Winston-Salem Police Credit Union NC Winston-Salem Federal Credit Union
Dec 30, 2006 Marcy Federal Credit Union NY Beacon Federal
Dec 30, 2006 Beach Bank FL Sun American Bank
Dec 30, 2006 Islands Community Bank, N. A. SC Ameris Bank
Dec 30, 2006 Unity Bank Central MN Unity Bank
Dec 30, 2006 Mountain National Bank VA Carter Bank & Trust
Dec 30, 2006 Blue Ridge Bank, National Association VA Carter Bank & Trust
Dec 30, 2006 Patrick Henry National Bank VA Carter Bank & Trust
Dec 30, 2006 Republic Bancorp Inc. MI Citizens Republic Bancorp, Inc.
Dec 29, 2006 Bank of Freeburg MO Bank of St. Elizabeth
Dec 29, 2006 Community National Bank GA South Georgia Banking Company
Dec 29, 2006 Amb Corporation WI American Bank
Dec 28, 2006 Harmony New York Federal Credit Union NY Criers Federal Credit Union
Dec 28, 2006 Endurance Federal Credit Union NJ County Excellence Federal Credit Union
Dec 28, 2006 Holy Family Parish Federal Credit Union NY St. Pius X Church Federal Credit Union
Dec 28, 2006 The Peoples Bancshares, Inc. TN 1st Jackson Bancshares, Inc.
Dec 27, 2006 Pine Bankshares, Inc. MN Frandsen Financial Corporation
Dec 27, 2006 Carlos Bancshares, Inc. MN Blackridge Financial, Inc.
Dec 19, 2006 Northeast National Bank TX Patriot Bank
Dec 19, 2006 Bank of Frio Canyon TX First State Bank of Uvalde
Dec 19, 2006 Northeast Bancshares, Inc. TX Patriot Bancshares, Inc.
Dec 19, 2006 Northeast Bancshares-Delaware, Inc. DE Patriot Holdings Nevada, Inc.
Dec 18, 2006 Anderson Bank Company OH The Park National Bank
Dec 16, 2006 Sapelo National Bank GA Atlantic Southern Bank
Dec 16, 2006 Sapelo Bancshares, Inc. GA Atlantic Southern Financial Group, Inc.
Dec 16, 2006 Range Bank - Copper Country, National Association MI Range Bank
Dec 13, 2006 Piedmont Bancshares, Inc. GA Privatebancorp, Inc.
Dec 13, 2006 Territory Holding Company OK Ameribank Holding Company
Dec 9, 2006 Summit Bank, National Association TX Frost Bank
Dec 9, 2006 Summit Delaware Financial Corporation DE The New Galveston Company
Dec 9, 2006 Flag Financial Corporation GA RBC Bank (USA)
Dec 9, 2006 Premier Bank PA Fulton Bank, N.A.

The list holds 500 of the 862 mergers recorded for 2006.

Enforcement Actions in 2006

Action date Agency Institution Action
Jun 21, 2006 OCC First Bank of Arizona, N.A. Civil Money Penalty (CMP): Busch, Frank W.
Jun 21, 2006 OCC First Bank of Arizona, N.A. Civil Money Penalty (CMP): Lamb, R. Patrick
Jun 19, 2006
Released Jun 21, 2006		 FRB Regions Bank Prohibition from Banking: Trampas B. Riggs
Jun 19, 2006 OCC First National Bank PLC Civil Money Penalty (CMP): First National Bank
Jun 16, 2006 OCC First National Bank in Pawhuska Formal Agreement: First National Bank in Pawhuska
Jun 15, 2006 OCC Bank of Indiana, N.A. Prohibition/Removal Orders: Mobley, Micah J.
Jun 9, 2006 OCC_OTS Alliance Bancorp Supervisory Agreement: Alliance, FSB
Jun 8, 2006 OCC NBT Bank, N.A. Prohibition/Removal Orders: Mattingly, Lance D.
Jun 8, 2006 OCC Capital One, N.A. Prohibition/Removal Orders: Howard, Katherine S.
Jun 8, 2006
Released Jun 12, 2006		 FRB Bank of Tazewell County Civil Money Penalty $4,000: Bank of Tazewell County, Tazewell, VA
Jun 5, 2006 OCC First National Company of Tullahoma Prohibition/Removal Orders: Thoma, Eldon B. "Brac"
Jun 5, 2006 OCC_OTS Homestead Bancorp Trust I Supervisory Agreement: Homestead Bank
Jun 5, 2006 OCC First National Bank of Shelby County Civil Money Penalty (CMP): Davis, Judy R.
Jun 5, 2006 OCC First National Company of Tullahoma Civil Money Penalty (CMP): Thoma, Eldon B. "Brac"
Jun 5, 2006 OCC First National Bank of Shelby County Prohibition/Removal Orders: Davis, Judy R.
Jun 1, 2006 OCC Bank of America, N.A. Prohibition/Removal Orders: Dange, Brandon
Jun 1, 2006 OCC Bank of America, N.A. C&D or PC&D Requiring Restitution: Dange, Brandon
May 31, 2006 OCC First National Bank of Shelby County Civil Money Penalty (CMP): Rasco, Russell J.
May 31, 2006 OCC First National Bank of Shelby County Civil Money Penalty (CMP): Ferguson, Martha B.
May 31, 2006 OCC First National Bank of Shelby County Civil Money Penalty (CMP): Hayes, Robert A.
May 31, 2006 OCC First National Bank of Shelby County Prohibition/Removal Orders: Rasco, Russell J.
May 30, 2006 OCC_OTS Ina Trust, FSB Cease and Desist: INA Trust, fsb
May 30, 2006 OCC_OTS Plantation Financial Corporation Cease and Desist: Plantation FB
May 25, 2006 OCC Terrabank, N.A. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Mendieta, Uriel
May 25, 2006 OCC Terrabank, N.A. Civil Money Penalty (CMP): Mendieta, Uriel
May 25, 2006 OCC Terrabank, N.A. Prohibition/Removal Orders: Mendieta, Uriel
May 25, 2006 OCC Terrabank, N.A. C&D or PC&D Requiring Restitution: Mendieta, Uriel
May 25, 2006 OCC_OTS Union Financial Corporation Supervisory Agreement: Union Savings Bank
May 25, 2006 OCC_OTS Century Bank Supervisory Agreement: Century Bank, FSB
May 23, 2006 OCC Bank of America, N.A. C&D or PC&D Requiring Restitution: Lipscomb, Tiffany D. (Holt)
May 23, 2006 OCC Wells Fargo Bank, N.A. C&D or PC&D Requiring Restitution: Lipscomb, Tiffany D. (Holt)
May 23, 2006 OCC First National Bank of Shelby County Civil Money Penalty (CMP): Tidmore, Joe L.
May 23, 2006 OCC Bank of America, N.A. Prohibition/Removal Orders: Lipscomb, Tiffany D. (Holt)
May 23, 2006 OCC Wells Fargo Bank, N.A. Prohibition/Removal Orders: Lipscomb, Tiffany D. (Holt)
May 23, 2006 OCC_OTS Davidson Trust Co. Termination of Cease and Desist: Davidson Trust Co.
May 23, 2006 OCC_OTS Dwelling House Savings and Loan Association Cease and Desist: Dwelling House Savings and Loan Association
May 23, 2006 OCC_OTS Tierone Bank Orders of Removal/Prohibition: Sheri M. Bock
May 23, 2006 OCC_OTS First Federal Bank of North Florida Civil Money Penalty: First Federal Bank of North Florida
May 23, 2006 OCC_OTS (individual) Supervisory Agreement: Lafayette SB
May 18, 2006 OCC Millennium Bcpbank, N.A. Formal Agreement: BCPBank, National Association
May 18, 2006 OCC Pacific National Bank Prohibition/Removal Orders: Otoya, Patricia A.
May 18, 2006
Released May 19, 2006		 FRB Gulf Bank Prohibition from Banking: Yolanda Salido
May 15, 2006 OCC_OTS (individual) Supervisory Agreement: San Luis Trust Bank, FSB
May 12, 2006 OCC First National Bank of South Padre Island Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Strong, Ronald E.
May 11, 2006 OCC_OTS Colombo Bancshares, Inc. Termination of Cease and Desist: Colombo Bank
May 9, 2006 OCC Bank of America, N.A. Prohibition/Removal Orders: Frisbie, Michelle L.
May 9, 2006 OCC U.S. Bank N.A. Prohibition/Removal Orders: Frisbie, Michelle L.
May 9, 2006 OCC Terrabank, N.A. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Terrabank National Association
May 9, 2006 OCC U.S. Bank N.A. C&D or PC&D Requiring Restitution: Frisbie, Michelle L.
May 9, 2006 OCC Bank of America, N.A. C&D or PC&D Requiring Restitution: Frisbie, Michelle L.

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