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 |
|---|---|---|---|
| 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. |
Browse adjacent years: 2005 · 2007
Or jump to a category: Failures · Mergers · Enforcement · Assistance