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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 9, 2006 Summit Bancshares, Inc. TX Cullen/Frost Bankers, Inc.
Dec 9, 2006 Bank of Thomas County GA Ameris Bank
Dec 9, 2006 Perpetual State Bank OH SKY Bank
Dec 9, 2006 FLAG Bank GA RBC Bank (USA)
Dec 9, 2006 Farmers State Bank NE Community First Bank
Dec 8, 2006 Territory Bank OK American Bank of Oklahoma
Dec 8, 2006 First Bartlesville Bank OK BancFirst
Dec 8, 2006 Local 74 Seiu Federal Credit Union NY Municipal Credit Union
Dec 8, 2006 First National Agency Company of Deer River Inc. MN Finlayson Bancshares, Inc.
Dec 8, 2006 Niagara Frontier State Employees Federal Credit Union NY Broadview Federal Credit Union
Dec 8, 2006 Valley Ridge Bank MI ChoiceOne Bank
Dec 5, 2006 Verona Bancshares, Limited WI Lake Ridge Bancorp, Inc.
Dec 5, 2006 Independent Bank WI Lake Ridge Bank
Dec 2, 2006 Anchor Bank Saint Paul MN Anchor Bank, National Association
Dec 2, 2006 1st Service Bank VA Primis Bank
Dec 2, 2006 Southern Bancorp, Inc. GA United Community Banks, Inc.
Dec 2, 2006 Southern National Bank GA United Community Bank
Dec 2, 2006 Onb Corporation NY Community Financial System, Inc.
Dec 2, 2006 First Security Bank, Underwood ND North Country Bank
Dec 2, 2006 The First National Bank of Deer River MN Northview Bank
Dec 2, 2006 Ontario National Bank NY Community Bank, N.A.
Dec 1, 2006 MarinerBank WA Kitsap Bank
Dec 1, 2006 Republic Bank & Trust Company of Indiana IN Republic Bank & Trust Company
Dec 1, 2006 American Church Trust Company TX Happy State Bank
Dec 1, 2006 Bank of Nichols Hills OK RCB Bank
Dec 1, 2006 BB&T Bancshares Corp. IL First Chicago Bancorp
Dec 1, 2006 Valley Financial Corp. MI Northstar Financial Group, Inc.
Dec 1, 2006 Bloomingdale Bank and Trust IL First Chicago Bank & Trust
Dec 1, 2006 Dupont Mining Employees Credit Union FL Florida Credit Union
Dec 1, 2006 First National Bank Holding Company, Inc. WY United Bancorporation of Wyoming, Inc.
Dec 1, 2006 North Fork Bancorporation, Inc. NY Capital One Financial Corporation
Dec 1, 2006 Bridesburg Federal Credit Union PA American Heritage Federal Credit Union
Dec 1, 2006 South Texas Healthcare Federal Credit Union TX United Texas Credit Union
Dec 1, 2006 Kehoe Boulevard Credit Union IL Northstar Credit Union
Dec 1, 2006 Kentucky Banking Centers, Inc. KY Citizens First Bank, Inc.
Dec 1, 2006 Greater Waterville Area Federal Credit Union ME Maine State Credit Union
Dec 1, 2006 Crobank Credit Union MA Workers Federal Credit Union
Dec 1, 2006 Media News Federal Credit Union CA Pasadena Federal Credit Union
Dec 1, 2006 Lomh Employees Federal Credit Union VA Prime Care Credit Union, Incorporated
Dec 1, 2006 Rexroth Employees Credit Union, Inc. OH Directions Credit Union
Dec 1, 2006 Henderson Postal Cu NC First Carolina People's Credit Union
Dec 1, 2006 Field Employees Federal Credit Union KY Liberty Federal Credit Union
Dec 1, 2006 St. Johns Credit Union MO Arsenal Credit Union
Dec 1, 2006 FirstBank Northwest WA Sterling Savings Bank
Dec 1, 2006 Nansemond Credit Union VA Abnb Federal Credit Union
Dec 1, 2006 Teachers Association of Teachers & Administration Federal Credit Union MS Brightview Federal Credit Union
Dec 1, 2006 Peoples Community Credit Union MA Workers Federal Credit Union
Nov 30, 2006 New York Municipal Bank NY New York Commercial Bank
Nov 25, 2006 State Bank of Streeter ND Dakota Heritage Bank
Nov 20, 2006 Greater Chicago Bank IL Shorebank

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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