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 |
|---|---|---|---|
| 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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