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.

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
Oct 1, 2006	State Farm Northeast Federal Credit Union	NY	State Farm Federal Credit Union
Oct 1, 2006	State Farm Southern Federal Credit Union	GA	State Farm Federal Credit Union
Oct 1, 2006	Citibank Texas, National Association	TX	Citibank, N.A.
Oct 1, 2006	C.P. Burnett & Sons, Inc.	IL	Midwest Community Bancshares, Inc.
Oct 1, 2006	Citizens Development Company	MT	Glacier Bancorp, Inc.
Oct 1, 2006	Firstier Bancorp I	WY	Firstier Bancorp
Oct 1, 2006	Embeco Credit Union	MA	Premier Source Credit Union
Oct 1, 2006	Citizens State Bank	IN	German American Bank
Oct 1, 2006	State Farm Central Federal Credit Union	MO	State Farm Federal Credit Union
Oct 1, 2006	Michigan Federal Credit Union	MI	Tri-Pointe Community Credit Union
Oct 1, 2006	Tri Valley Community Federal Credit Union	MT	Vocal Credit Union
Oct 1, 2006	State Farm Great Western Federal Credit Union	AZ	State Farm Federal Credit Union
Oct 1, 2006	Se Family Federal Credit Union	PA	Freedom Credit Union
Oct 1, 2006	Cal-Cen Federal Credit Union	CA	Carepoint Federal Credit Union
Oct 1, 2006	Home Building Savings Bank, F.S.B.	IN	First Federal Savings Bank
Oct 1, 2006	State Farm Heartland Federal Credit Union	NE	State Farm Federal Credit Union
Oct 1, 2006	Elevator Employees Federal Credit Union	OH	Glass City Federal Credit Union
Oct 1, 2006	United Federal Credit Union	MI	United Federal Credit Union
Oct 1, 2006	State Farm Texas Federal Credit Union	TX	State Farm Federal Credit Union
Oct 1, 2006	Peoples Bank	IN	German American Bank
Oct 1, 2006	Lever United Community Credit Union	MD	Municipal Employees Credit Union of Baltimore, Inc
Oct 1, 2006	Littelfuse Employees Credit Union	IL	Vamco Credit Union
Oct 1, 2006	First National Bank of Wiggins	MS	The First Bank
Oct 1, 2006	Eastern Credit Union, Inc.	OH	Golden Circle Credit Union, Inc.
Oct 1, 2006	State Farm California Federal Credit Union	CA	State Farm Federal Credit Union
Oct 1, 2006	Greater Houston Federal Credit Union	TX	Houston Federal Credit Union
Oct 1, 2006	Sourceone Federal Credit Union	MN	Firefly Federal Credit Union
Oct 1, 2006	C. P. Burnett & Sons, Bankers	IL	First Southern Bank
Oct 1, 2006	Brecksville School Employees Credit Union	OH	Emerald Credit Union, Inc.
Oct 1, 2006	Citicorp Trust, National Association	CA	Citibank, N.A.
Oct 1, 2006	State Farm Pacific Northwest Federal Credit Union	WA	State Farm Federal Credit Union
Oct 1, 2006	First American Bank	IN	German American Bank
Oct 1, 2006	Members First Federal Credit Union	KY	Transcend Credit Union
Oct 1, 2006	State Farm Mid-Atlantic Federal Credit Union	MD	State Farm Federal Credit Union
Oct 1, 2006	South Omaha Federal Credit Union	NE	Centris Federal Credit Union
Oct 1, 2006	Charles River Federal Credit Union	MA	First Technology Federal Credit Union
Oct 1, 2006	North Central West Virginia Ibew Federal Credit Union	WV	Morgantown a E S Federal Credit Union
Oct 1, 2006	Citibank (Delaware)	DE	Citibank, N.A.
Oct 1, 2006	Citibank (Nevada), National Association	NV	Citibank (South Dakota), N.A.
Oct 1, 2006	Mercy Health Center Federal Credit Union	OK	The Focus Federal Credit Union
Oct 1, 2006	Rochester Gauges Federal Credit Union	TX	Mobility Credit Union
Oct 1, 2006	South Coast Community Federal Credit Union	CA	Wescom Central Credit Union
Oct 1, 2006	Gateway Credit Union	CO	Westerra Credit Union
Oct 1, 2006	State Farm Florida Reg Office Federal Credit Union	FL	State Farm Federal Credit Union
Oct 1, 2006	Merit Federal Credit Union	PA	Tri Boro Federal Credit Union
Oct 1, 2006	Saint Lucie Community Credit Union	FL	Guardians Credit Union
Oct 1, 2006	Pan Am Horizons Federal Credit Union	FL	Power Financial Credit Union
Oct 1, 2006	Hillcrest Community Credit Union	OH	Cardinal Credit Union, Inc.
Oct 1, 2006	Oregon Independent Federal Credit Union	OR	Oregonians Credit Union
Oct 1, 2006	Inland Counties Postal Credit Union	CA	Priority One Credit Union

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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