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 |
|---|---|---|
| Dec 31, 2006 | First National Bank of Goliad | American Bank, National Association |
| Dec 31, 2006 | Cecilian Fcu | American Heritage Federal Credit Union |
| Dec 31, 2006 | TCF Mortgage Corporation | TCF National Bank |
| Dec 30, 2006 | Unity Bank, National Association | Unity Bank |
| Dec 30, 2006 | Community National Bank | Carter Bank & Trust |
| Dec 30, 2006 | The First National Bank of Chelsea | Lakeside State Bank |
| Dec 30, 2006 | First National Bank | Carter Bank & Trust |
| Dec 30, 2006 | First American Bank, National Association | First American Bank |
| Dec 30, 2006 | Islands Bancorp | Ameris Bancorp |
| Dec 30, 2006 | Peoples National Bank | Carter Bank & Trust |
| Dec 30, 2006 | The Summit National Bank | United Commercial Bank |
| Dec 30, 2006 | Summit Bank Corporation | Ucbh Holdings, Inc. |
| Dec 30, 2006 | Patriot Bank, National Association | Carter Bank & Trust |
| Dec 30, 2006 | Central National Bank | Carter Bank & Trust |
| Dec 30, 2006 | Shenandoah National Bank | Carter Bank & Trust |
| Dec 30, 2006 | Armstrong Bancshares, Inc. | Ironhorse Financial Group, Inc. |
| Dec 30, 2006 | First National Exchange Bank | Carter Bank & Trust |
| Dec 30, 2006 | First Arkansas Valley Bank | Liberty Bank of Arkansas |
| Dec 30, 2006 | Winston-Salem Police Credit Union | Winston-Salem Federal Credit Union |
| Dec 30, 2006 | Marcy Federal Credit Union | Beacon Federal |
| Dec 30, 2006 | Beach Bank | Sun American Bank |
| Dec 30, 2006 | Islands Community Bank, N. A. | Ameris Bank |
| Dec 30, 2006 | Unity Bank Central | Unity Bank |
| Dec 30, 2006 | Mountain National Bank | Carter Bank & Trust |
| Dec 30, 2006 | Blue Ridge Bank, National Association | Carter Bank & Trust |
| Dec 30, 2006 | Patrick Henry National Bank | Carter Bank & Trust |
| Dec 30, 2006 | Republic Bancorp Inc. | Citizens Republic Bancorp, Inc. |
| Dec 29, 2006 | Bank of Freeburg | Bank of St. Elizabeth |
| Dec 29, 2006 | Community National Bank | South Georgia Banking Company |
| Dec 29, 2006 | Amb Corporation | American Bank |
| Dec 28, 2006 | Harmony New York Federal Credit Union | Criers Federal Credit Union |
| Dec 28, 2006 | Endurance Federal Credit Union | County Excellence Federal Credit Union |
| Dec 28, 2006 | Holy Family Parish Federal Credit Union | St. Pius X Church Federal Credit Union |
| Dec 28, 2006 | The Peoples Bancshares, Inc. | 1st Jackson Bancshares, Inc. |
| Dec 27, 2006 | Pine Bankshares, Inc. | Frandsen Financial Corporation |
| Dec 27, 2006 | Carlos Bancshares, Inc. | Blackridge Financial, Inc. |
| Dec 19, 2006 | Northeast National Bank | Patriot Bank |
| Dec 19, 2006 | Bank of Frio Canyon | First State Bank of Uvalde |
| Dec 19, 2006 | Northeast Bancshares, Inc. | Patriot Bancshares, Inc. |
| Dec 19, 2006 | Northeast Bancshares-Delaware, Inc. | Patriot Holdings Nevada, Inc. |
| Dec 18, 2006 | Anderson Bank Company | The Park National Bank |
| Dec 16, 2006 | Sapelo National Bank | Atlantic Southern Bank |
| Dec 16, 2006 | Sapelo Bancshares, Inc. | Atlantic Southern Financial Group, Inc. |
| Dec 16, 2006 | Range Bank - Copper Country, National Association | Range Bank |
| Dec 13, 2006 | Piedmont Bancshares, Inc. | Privatebancorp, Inc. |
| Dec 13, 2006 | Territory Holding Company | Ameribank Holding Company |
| Dec 9, 2006 | Summit Bank, National Association | Frost Bank |
| Dec 9, 2006 | Summit Delaware Financial Corporation | The New Galveston Company |
| Dec 9, 2006 | Flag Financial Corporation | RBC Bank (USA) |
| Dec 9, 2006 | Premier Bank | Fulton Bank, N.A. |
The list holds 500 of the 862 mergers recorded for 2006.
Enforcement Actions in 2006
| Action date | Agency | Institution | Action |
|---|---|---|---|
| May 9, 2006 | OCC_OTS | Homestead Bancorp Trust I | Orders of Removal/Prohibition: Christy C. Antczak |
| May 9, 2006 Released May 10, 2006 | FRB | (individual) | Civil Money Penalty $16,350: United Bank, Parkersburg, WV |
| Apr 28, 2006 | OCC | Old Missouri Bank | Formal Agreement: Old Missouri National Bank |
| Apr 27, 2006 | OCC_OTS | Bankatlantic | Cease and Desist: BankAtlantic |
| Apr 27, 2006 | OCC_OTS | Bankatlantic | Civil Money Penalty: BankAtlantic |
| Apr 26, 2006 | OCC | Wells Fargo Bank, N.A. | C&D or PC&D Requiring Restitution: Owens, Konya M. |
| Apr 26, 2006 | OCC | (individual) | Prohibition/Removal Orders: Gast, Katherine |
| Apr 26, 2006 | OCC | Wells Fargo Bank, N.A. | Prohibition/Removal Orders: Owens, Konya M. |
| Apr 26, 2006 | OCC | (individual) | Civil Money Penalty (CMP): Gast, Katherine |
| Apr 26, 2006 | OCC | Temecula Valley Bank | Prohibition/Removal Orders: Martins, Brenda K. |
| Apr 25, 2006 Released May 19, 2006 | FRB | Texas State Bank | Written Agreement: Texas State Bank, McAllen, TX |
| Apr 24, 2006 | OCC_OTS | First Federal Community Bank of Bucyrus | Civil Money Penalty: First Federal Community Bank of Bucyrus |
| Apr 21, 2006 Released Apr 24, 2006 | FRB | (individual) | Written Agreement: The Bank of New York, New York, NY |
| Apr 20, 2006 Released Apr 24, 2006 | FRB | Allfirst Trust Company N.A. | Prohibition from Banking: Robert Ray |
| Apr 20, 2006 | OCC | Bangkok Bank Public Company Limited | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Bangkok Bank Public Company Limited |
| Apr 20, 2006 Released Apr 24, 2006 | FRB | Allfirst Trust Company N.A. | Prohibition from Banking: David Cronin |
| Apr 19, 2006 | OCC_OTS | Century Financial Services Corporation | Supervisory Agreement: Century Financial Services Corp |
| Apr 18, 2006 | OCC_OTS | Home Building and Loan Company | Civil Money Penalty: The Home Building and Loan Company |
| Apr 14, 2006 | OCC_OTS | Athens Federal Community Bank | Orders of Removal/Prohibition: Martha Harris |
| Apr 13, 2006 | OCC | (individual) | Civil Money Penalty (CMP): Wolff, Myron |
| Apr 13, 2006 | OCC | Home National Bank | Civil Money Penalty (CMP): Norris, Gary P. |
| Apr 13, 2006 | OCC | Home National Bank | Prohibition/Removal Orders: Norris, Gary P. |
| Apr 13, 2006 | OCC | (individual) | Prohibition/Removal Orders: Wolff, Myron |
| Apr 12, 2006 Released Apr 24, 2006 | FRB | Sella Holding Banca S.P.A. | Written Agreement: Sella Holding Banca, S.p.A., Biella, Italy and Sella Holding Banca, S.p.A. d/b/a … |
| Apr 12, 2006 | OCC_OTS | Guaranty Bank | Termination of Cease and Desist: Guaranty Bank |
| Apr 10, 2006 | OCC_OTS | United Trust Bank | Cease and Desist: United Trust Bank |
| Apr 10, 2006 | OCC | Fort Knox National Bancorp, Inc. | Civil Money Penalty (CMP): Fort Knox National Bank |
| Apr 4, 2006 | OCC | First Liberty National Bank | Formal Agreement: First Liberty National Bank |
| Apr 4, 2006 | OCC | The Lake Bank, National Association | Prohibition/Removal Orders: Kell, Thomas P. |
| Apr 4, 2006 | OCC | The Lake Bank, National Association | Civil Money Penalty (CMP): Kell, Thomas P. |
| Apr 4, 2006 | OCC_OTS | Standard Bank | Termination of Cease and Desist: Standard Bank |
| Mar 30, 2006 | OCC | First Fidelity Bank | Civil Money Penalty (CMP): First Fidelity Bank, National Association |
| Mar 30, 2006 | OCC | First North American National Bank | Civil Money Penalty (CMP): Moseri, Onyeacholem |
| Mar 28, 2006 | OCC | Douglass National Bank | Formal Agreement: Douglass National Bank |
| Mar 24, 2006 | OCC | Metropolitan Bank & Trust Company | Civil Money Penalty (CMP): Metropolitan Bank and Trust Company |
| Mar 23, 2006 | FRB | First North American National Bank | Prohibition from Banking: Oyeacholem Moseri |
| Mar 23, 2006 | OCC | First North American National Bank | Prohibition/Removal Orders: Moseri, Onyeacholem |
| Mar 16, 2006 Released Mar 17, 2006 | FRB | Doral Financial Corporation | Cease and Desist Order: Doral Financial Corporation, San Juan, Puerto Rico |
| Mar 16, 2006 Released Mar 17, 2006 | FRB | (individual) | Cease and Desist Order: First BanCorp, Santruce, Puerto Rico |
| Mar 16, 2006 Released Mar 17, 2006 | FRB | (individual) | Cease and Desist Order: R&G Financial Corporation, Hato Rey, San Juan, Puerto Rico |
| Mar 13, 2006 | OCC_OTS | Northwest Bank | Orders of Removal/Prohibition: Roger B. Lewis |
| Mar 8, 2006 | FRB | Asian Financial Corporation | Cease and Desist Order: Asian Financial Corporation, Philadelphia, PA and Asian Bank, Philadelphia, PA |
| Feb 28, 2006 | OCC | The First National Bank of Brewster | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): The First National Bank of Brewster |
| Feb 27, 2006 | OCC_OTS | Liberty Trust Company | Orders of Removal/Prohibition: Francis L. Miller |
| Feb 27, 2006 | OCC | Wells Fargo Bank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): O'Brien, Patrick M. |
| Feb 22, 2006 | OCC_OTS | First Federal Community Bank, SSB | Orders of Removal/Prohibition: Kristi B. Robbins |
| Feb 15, 2006 | OCC | Wells Fargo Bank, N.A. | C&D or PC&D Requiring Restitution: Disla, Marvin |
| Feb 15, 2006 | OCC | Wells Fargo Bank, N.A. | Prohibition/Removal Orders: Disla, Marvin |
| Feb 14, 2006 | OCC | New York National Bank | Civil Money Penalty (CMP): Velez, Andrew |
| Feb 13, 2006 | OCC_OTS | First Keystone Financial, Inc. | Supervisory Agreement: First Keystone Financial, Inc. |
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