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 1, 2006 | Stone City Bank of Bedford, Indiana | German American Bank |
| Oct 1, 2006 | Jackson City and County Employees Credit Union | Resource Federal Credit Union |
| Oct 1, 2006 | Commercial Capital Bank, FSB | Washington Mutual Bank |
| Oct 1, 2006 | Universal Financial Corp. | Citibank (South Dakota), N.A. |
| Oct 1, 2006 | Bell Com Credit Union | Adventure Credit Union |
| Oct 1, 2006 | Battle Creek Building Trades Credit Union | Kalsee Credit Union |
| Oct 1, 2006 | F C I L E Federal Credit Union | Members Heritage Credit Union Inc |
| Oct 1, 2006 | Unit 10 Credit Union | Scott Credit Union |
| Oct 1, 2006 | Citibank USA, N.A. | Citibank (South Dakota), N.A. |
| Oct 1, 2006 | Melvindale Community Credit Union | Zeal Credit Union |
| Oct 1, 2006 | Bank of Ridgeway | Community Resource Bank, National Association |
| Oct 1, 2006 | State Farm Mid America Federal Credit Union | State Farm Federal Credit Union |
| Oct 1, 2006 | Comdial-Charlottesville Federal Credit Union | Sperry Marine Federal Credit Union |
| Oct 1, 2006 | FirsTier Bank, Wyoming | Firstier Bank |
| Sep 30, 2006 | UnitedKingfield Bank | Camden National Bank |
| Sep 30, 2006 | Starlight Baptist Church Credit Union Inc. | Antioch Baptist Church Credit Union, Inc. |
| Sep 30, 2006 | Both of Delaware, Inc. | Sterling Bancorporation, LLC |
| Sep 30, 2006 | Both, Inc. | Sterling Bancshares, Inc. |
| Sep 30, 2006 | Bank of the Hills, National Association | Sterling Bank |
| Sep 30, 2006 | Kent State Student Credit Union | Kent Credit Union, Inc. |
| Sep 30, 2006 | Community Capital Bank | Carver Federal Savings Bank |
| Sep 30, 2006 | City of Naples Federal Credit Union | Suncoast Credit Union |
| Sep 30, 2006 | San Juan (Puerto Rico) Federal Credit Union | Caribe Federal Credit Union |
| Sep 30, 2006 | The First Western Bank Custer | First Western Bank |
| Sep 29, 2006 | Laurel Financial Group, Inc. | First Commonwealth Bank |
| Sep 29, 2006 | Healthcare Administration Technologies, Inc. | PNC Bank, N.A. |
| Sep 28, 2006 | Pinebank, National Association | Republic Federal Bank, N.A. |
| Sep 25, 2006 | Barre Catholic Credit Union | 802 Credit Union |
| Sep 25, 2006 | Elo Participacoes S.A. | BBD Participacoes S.A. |
| Sep 25, 2006 | Chelan County P.U.D. Employees Credit Union | Numerica Credit Union |
| Sep 23, 2006 | Centennial Bank of Pueblo | Wells Fargo Bank, N.A. |
| Sep 23, 2006 | Fremont National Bank of Canon City | Wells Fargo Bank, N.A. |
| Sep 22, 2006 | MBNA America Delaware, National Association | Bank of America, N.A. |
| Sep 20, 2006 | Madison County School Employees Federal Credit Union | Focal Point Federal Credit Union |
| Sep 19, 2006 | Ridgestone Financial Services, Inc. | Ridgestone Financial Services, Inc. |
| Sep 19, 2006 | Fredonia Central School Federal Credit Union | Inner Lakes Federal Credit Union |
| Sep 16, 2006 | Main Street Bank | Truist Bank |
| Sep 16, 2006 | First Liberty Bancorp, Inc. | Washingtonfirst Bank |
| Sep 16, 2006 | First Liberty National Bank | Washingtonfirst Bank |
| Sep 16, 2006 | Mountain States Bancorporation, Inc. | UMB Bank Colorado, National Association |
| Sep 16, 2006 | Farmers & Merchants Bank and Trust Company | F&M Bank and Trust Company |
| Sep 16, 2006 | Mountain States Bank | UMB Bank Colorado, National Association |
| Sep 15, 2006 | (unnamed) | CommunityBanks |
| Sep 12, 2006 | WestStar Bank | U.S. Bank N.A. |
| Sep 11, 2006 | Rural American Bank - Hector/Fairfax | Valley Bank |
| Sep 11, 2006 | Clayton Mortgage Corp. | Texas Country Bank |
| Sep 11, 2006 | Community of Hope Federal Credit Union | Southern Chautauqua Federal Credit Union |
| Sep 11, 2006 | Citizens State Bank of Waterville | Valley Bank |
| Sep 9, 2006 | State Bank | Amfirst Bank |
| Sep 9, 2006 | Independence Community Bank | Santander 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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