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 |
|---|---|---|
| Aug 21, 2006 | Chiao Tung Bank Co., Ltd. | Mega International Commercial Bank Co., Ltd. |
| Aug 19, 2006 | First Community Bank | Riverside National Bank of Florida |
| Aug 19, 2006 | Waukee State Bank | First American Bank |
| Aug 19, 2006 | First Community Bank Holding Corporation | Riverside Banking Company |
| Aug 19, 2006 | Pioneer Bank and Trust Company | National City Bank |
| Aug 18, 2006 | Suncoast Bank | (unnamed) |
| Aug 18, 2006 | Suncoast Bancorp, Inc. | Cadence Financial Corporation |
| Aug 16, 2006 | San Diego Community Bank | First Bank |
| Aug 15, 2006 | Brighton School Employees Federal Credit Union | The Summit Federal Credit Union |
| Aug 12, 2006 | Western State Bank | Inland Community Bank, National Association |
| Aug 12, 2006 | First National Bank and Trust Company | Seacoast National Bank |
| Aug 12, 2006 | Elmira Savings and Loan F.A. | Community Bank, N.A. |
| Aug 11, 2006 | Useco Credit Union | New Mount Zion Baptist Church Credit Union |
| Aug 10, 2006 | Streeter Insurance Agency, Inc. | Hunter Holding Company |
| Aug 10, 2006 | J.P. Morgan Personal Wealth Management, Inc. | CMC Holding Delaware Inc. |
| Aug 8, 2006 | Citizens Bank Wakulla | Ameris Bank |
| Aug 7, 2006 | N.Y. Methodist Federal Credit Union | Quorum Federal Credit Union |
| Aug 5, 2006 | Merrill Lynch Bank & Trust Company | Merrill Lynch Bank & Trust Co., FSB |
| Aug 4, 2006 | Webb City Bank | Mid-Missouri Bank |
| Aug 4, 2006 | First Financial Bancshares, Inc. | Mid-Missouri Bancshares, Inc. |
| Aug 4, 2006 | Central States Bancshares, Inc. | Mid-Missouri Bancshares, Inc. |
| Aug 4, 2006 | The First National Bank of Mount Vernon | Mid-Missouri Bank |
| Aug 3, 2006 | Town Investment Corp. | Town Bank, N.A. |
| Aug 1, 2006 | Reliance Mutual Credit Union, Inc. | Cardinal Credit Union, Inc. |
| Aug 1, 2006 | CIB Bank | Marine Bank |
| Aug 1, 2006 | First Gaston Bank of North Carolina | Communityone Bank, National Association |
| Aug 1, 2006 | First Citizens Bancorp | Truist Financial Corporation |
| Aug 1, 2006 | Menorah Federal Credit Union | Century Federal Credit Union |
| Aug 1, 2006 | United Defense Federal Credit Union | California Bear Credit Union |
| Aug 1, 2006 | Norgren Employees Federal Credit Union | Metrum Community Credit Union |
| Aug 1, 2006 | Unified Federal Credit Union | RTN Federal Credit Union |
| Aug 1, 2006 | Rancho Bank | Vineyard Bank, N.A. |
| Aug 1, 2006 | Thiokol Ordinance Federal Credit Union | Texas Federal Credit Union |
| Jul 31, 2006 | Mueller Employees Federal Credit Union | Chattanooga First Federal Credit Union |
| Jul 31, 2006 | Old Farmers & Merchants State Bank | First Trust & Savings Bank of Albany, Illinois |
| Jul 31, 2006 | Lyon Family Credit Union | Allsteel Credit Union |
| Jul 29, 2006 | The Guarantee State Bank | Sovereign Bank |
| Jul 29, 2006 | McMullen Bank | Bank SNB |
| Jul 29, 2006 | United Valley Bank | United Valley Bank |
| Jul 28, 2006 | Dedicators Federal Credit Union | Americas First Federal Credit Union |
| Jul 26, 2006 | Ila 24 Federal Credit Union | Local 24 Employees Federal Credit Union |
| Jul 25, 2006 | The Northern Savings & Loan Company | First Place Bank |
| Jul 24, 2006 | Prairie Capital, Inc. | Emprise Financial Corporation |
| Jul 22, 2006 | National City Bank of Kentucky | National City Bank |
| Jul 22, 2006 | National City Bank of Indiana | National City Bank |
| Jul 22, 2006 | 1st National Bank & Trust | Whitney National Bank |
| Jul 22, 2006 | National City Bank of Southern Indiana | National City Bank |
| Jul 22, 2006 | National City Bank of the Midwest | National City Bank |
| Jul 22, 2006 | National City Bank of Pennsylvania | National City Bank |
| Jul 22, 2006 | The First National Bank of Tribune | Colorado East Bank & Trust |
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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