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 |
|---|---|---|
| Jul 21, 2006 | SterlingSouth Bank & Trust Company | Bank of North Carolina |
| Jul 21, 2006 | (unnamed) | Commerce Bank |
| Jul 19, 2006 | First of Homestead, Inc. | Hometown of Homestead Banking Company |
| Jul 18, 2006 | James Monroe Bank | Mercantile-Safe Deposit and Trust Company |
| Jul 18, 2006 | James Monroe Bancorp, Inc. | Mercantile Bankshares Corporation |
| Jul 15, 2006 | Golden State Bank | Brown County State Bank |
| Jul 15, 2006 | Sound Federal Savings | Hudson City Savings Bank |
| Jul 14, 2006 | Progressive State Bank | New Century Bank South |
| Jul 11, 2006 | Clover Leaf Bank | First Clover Leaf Bank, National Association |
| Jul 10, 2006 | West Carrollton Parchment Employees Credit Union, Inc. | River Valley Credit Union, Inc. |
| Jul 8, 2006 | Metrobank, National Association | Triumph Community Bank, National Association |
| Jul 8, 2006 | Peoples Bank | Kentucky Bank |
| Jul 8, 2006 | Peoples Bancorp of Sandy Hook, Inc. | Kentucky Bancshares, Inc. |
| Jul 7, 2006 | Metrocorp Capital Trust I | Metrobank, National Association |
| Jul 7, 2006 | Metrocorp, Inc. | Metrobank, National Association |
| Jul 5, 2006 | Lynnwood Financial Group, Inc. | Sterling Financial Corporation |
| Jul 5, 2006 | Northstar Bancshares, Inc. | Enterprise Financial Services Corp |
| Jul 4, 2006 | The Bancshares, Inc. | Cbin Subsidiary, Inc. |
| Jul 3, 2006 | Valley Employees Credit Union | TVA Community Credit Union |
| Jul 2, 2006 | Hudmo Valley Federal Credit Union | Capital Communications Federal Credit Union |
| Jul 1, 2006 | Kenesco Credit Union, Inc. | Members Choice Credit Union |
| Jul 1, 2006 | The State Bank | The State Bank |
| Jul 1, 2006 | Sdi Federal Credit Union | Members Credit Union |
| Jul 1, 2006 | Milestone Federal Credit Union | Hanscom Federal Credit Union |
| Jul 1, 2006 | Nebraska Citadel Federal Credit Union | Centris Federal Credit Union |
| Jul 1, 2006 | Moore Federal Credit Union | Alliant Credit Union |
| Jul 1, 2006 | Compass Credit Union | Bellwether Community Credit Union |
| Jul 1, 2006 | Atlantic Liberty Savings, F.A. | Flushing Bank |
| Jul 1, 2006 | Missouri Student Federal Credit Union | West Community Credit Union |
| Jul 1, 2006 | Des Moines Mercy Credit Union | Community Choice Credit Union |
| Jul 1, 2006 | Madison County Georgia Federal Credit Union | Georgia United Credit Union |
| Jul 1, 2006 | Member 1 Credit Union, Incorporated | Superior Credit Union Inc |
| Jul 1, 2006 | Liberty Federal Credit Union | Spero Financial Federal Credit Union |
| Jul 1, 2006 | Genesee First Federal Credit Union | Sagelink Credit Union |
| Jul 1, 2006 | Regional Community Federal Credit Union | Midflorida Credit Union |
| Jul 1, 2006 | The State Bank | Union State Bank |
| Jul 1, 2006 | Well-Tel Federal Credit Union | Emery Federal Credit Union |
| Jul 1, 2006 | Burry Employees Federal Credit Union | Elizabeth, NJ Firemen's Federal Credit Union |
| Jul 1, 2006 | Core One Credit Union | Kemba Financial Credit Union, Inc. |
| Jul 1, 2006 | Midwest Federal Credit Union | McHenry County Federal Credit Union |
| Jul 1, 2006 | Missouri State Bank and Trust Company | Southwest Bank, An M&I Bank |
| Jul 1, 2006 | Hapeville Auto Employees Credit Union | Georgia's Own Credit Union |
| Jul 1, 2006 | West One Federal Credit Union | Keypoint Credit Union |
| Jul 1, 2006 | Scesc Federal Credit Union | Palmetto Citizens Federal Credit Union |
| Jul 1, 2006 | Advantage Credit Union | Marine Credit Union |
| Jul 1, 2006 | Nepco Federal Credit Union | Minnequa Works Credit Union |
| Jul 1, 2006 | Assumption Parish Cleveland Credit Union | Unity Catholic Federal Credit Union |
| Jul 1, 2006 | Cape Fear Credit Union | Self-Help Credit Union |
| Jul 1, 2006 | West Toledo Federal Credit Union | Glass City Federal Credit Union |
| Jul 1, 2006 | Flinchbaugh Credit Union | White Rose Credit Union |
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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