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 27, 2006 | Community National Bank | Banc of California |
| Oct 27, 2006 | Bay Net A Community Bank | Bay First Bank. National Association |
| Oct 27, 2006 | Community Bancorp Inc. | PacWest Bancorp |
| Oct 26, 2006 | NFGS & D Federal Credit Union | Empire One Federal Credit Union |
| Oct 23, 2006 | Northern Trust Bank, National Association | Northern Trust, National Association |
| Oct 23, 2006 | Northern Trust Bank of California National Association | Northern Trust, National Association |
| Oct 21, 2006 | People's State Bank | Morton Community Bank |
| Oct 21, 2006 | Manito Bank Services, Inc. | Hometown Community Bancorp, Inc. |
| Oct 21, 2006 | Purchase Area Bancorp, Inc. | Exchange Bancshares, Inc. |
| Oct 21, 2006 | Bardwell Deposit Bank | First Kentucky Bank, Inc. |
| Oct 21, 2006 | Bank One Trust Company, N.A. | JPMorgan Chase Bank, N.A. |
| Oct 20, 2006 | Nortrust Holding Corporation | Northern Trust Bank, National Association |
| Oct 20, 2006 | Bank of America, N.A. (USA) | FIA Card Services, N.A. |
| Oct 20, 2006 | Northern Trust of California Corporation | Northern Trust Bank of California National Association |
| Oct 20, 2006 | Hemlock Federal Bank for Savings | Marquette Bank |
| Oct 18, 2006 | New Asia Bancorp, Inc. | Cathay General Bancorp |
| Oct 18, 2006 | The Siwooganock Holding Company, Inc. | Passumpsic Bancorp |
| Oct 18, 2006 | Akzo Federal Credit Union | Quorum Federal Credit Union |
| Oct 18, 2006 | The Siwooganock Bank | Passumpsic Savings Bank |
| Oct 18, 2006 | New Asia Bank | Cathay Bank |
| Oct 17, 2006 | U.S. Bank Freight Payment Services, Inc. | U.S. Bank N.A. |
| Oct 16, 2006 | BWC Financial Corp. | First Republic Bank |
| Oct 16, 2006 | Bank of Walnut Creek | First Republic Bank |
| Oct 14, 2006 | Wyoming Bank & Trust Co. | Better Banks |
| Oct 14, 2006 | Valley Bancorp | Community Bancorp |
| Oct 14, 2006 | Valley Bank | Community Bank of Nevada |
| Oct 13, 2006 | The First National Bank of Sarcoxie | First State Bank of Joplin |
| Oct 13, 2006 | Extraco Investments Corporation | Extraco Banks, N.A. |
| Oct 12, 2006 | Extraco Insurance Services Corporation | Extraco Banks, N.A. |
| Oct 7, 2006 | Enterprise Bank & Trust | Enterprise Bank & Trust |
| Oct 7, 2006 | NewMil Bank | Webster Bank, N.A. |
| Oct 7, 2006 | Oswego County National Bank | Alliance Bank, N.A. |
| Oct 7, 2006 | Bridge Street Financial, Inc. | Alliance Financial Corporation |
| Oct 7, 2006 | Newmil Bancorp, Inc. | Webster Financial Corporation |
| Oct 4, 2006 | The Farwell State Savings Bank | FSB Bank |
| Oct 2, 2006 | Braintree Educators & Municipal Employees Federal Credit Union | Quincy Credit Union |
| Oct 2, 2006 | Glenshaw Glass Federal Credit Union | North Districts Community Credit Union |
| Oct 2, 2006 | Marshall County Teachers Federal Credit Union | Lake Chem Community Federal Credit Union |
| Oct 2, 2006 | Orange NJ Postal Employees Federal Credit Union | Montclair Postal Employees Credit Union |
| Oct 2, 2006 | New RCB, Inc. | RCB Holding Company, Inc. |
| Oct 1, 2006 | Dakota Catholic Federal Credit Union | Voyage Federal Credit Union |
| Oct 1, 2006 | Citibank (West) Bancorp Inc. | Citigroup Inc. |
| Oct 1, 2006 | Citibank (West) Holdings Inc. | Citigroup Inc. |
| Oct 1, 2006 | West, National Association | Citibank, N.A. |
| Oct 1, 2006 | The PB Financial Services Corporation | Alabama National Bancorporation |
| Oct 1, 2006 | Florence National Bank | Community Resource Bank, National Association |
| Oct 1, 2006 | Citizens National Bancshares, Inc. | Farmers Capital Bank Corporation |
| Oct 1, 2006 | Sumter National Bank | Community Resource Bank, National Association |
| Oct 1, 2006 | First State Bank, Southwest Indiana | German American Bank |
| Oct 1, 2006 | CFSB, National Association | Citibank, 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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