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 27, 2006 | Community National Bank | Banc of California |
| Oct 27, 2006 | Bay Net A Community Bank | Bay First Bank. National Association |
| Oct 27, 2006 | Community Bancorp Inc. | PacWest Bancorp |
| Oct 26, 2006 | NFGS & D Federal Credit Union | Empire One Federal Credit Union |
| Oct 23, 2006 | Northern Trust Bank, National Association | Northern Trust, National Association |
| Oct 23, 2006 | Northern Trust Bank of California National Association | Northern Trust, National Association |
| Oct 21, 2006 | People's State Bank | Morton Community Bank |
| Oct 21, 2006 | Manito Bank Services, Inc. | Hometown Community Bancorp, Inc. |
| Oct 21, 2006 | Purchase Area Bancorp, Inc. | Exchange Bancshares, Inc. |
| Oct 21, 2006 | Bardwell Deposit Bank | First Kentucky Bank, Inc. |
| Oct 21, 2006 | Bank One Trust Company, N.A. | JPMorgan Chase Bank, N.A. |
| Oct 20, 2006 | Nortrust Holding Corporation | Northern Trust Bank, National Association |
| Oct 20, 2006 | Bank of America, N.A. (USA) | FIA Card Services, N.A. |
| Oct 20, 2006 | Northern Trust of California Corporation | Northern Trust Bank of California National Association |
| Oct 20, 2006 | Hemlock Federal Bank for Savings | Marquette Bank |
| Oct 18, 2006 | New Asia Bancorp, Inc. | Cathay General Bancorp |
| Oct 18, 2006 | The Siwooganock Holding Company, Inc. | Passumpsic Bancorp |
| Oct 18, 2006 | Akzo Federal Credit Union | Quorum Federal Credit Union |
| Oct 18, 2006 | The Siwooganock Bank | Passumpsic Savings Bank |
| Oct 18, 2006 | New Asia Bank | Cathay Bank |
| Oct 17, 2006 | U.S. Bank Freight Payment Services, Inc. | U.S. Bank N.A. |
| Oct 16, 2006 | BWC Financial Corp. | First Republic Bank |
| Oct 16, 2006 | Bank of Walnut Creek | First Republic Bank |
| Oct 14, 2006 | Wyoming Bank & Trust Co. | Better Banks |
| Oct 14, 2006 | Valley Bancorp | Community Bancorp |
| Oct 14, 2006 | Valley Bank | Community Bank of Nevada |
| Oct 13, 2006 | The First National Bank of Sarcoxie | First State Bank of Joplin |
| Oct 13, 2006 | Extraco Investments Corporation | Extraco Banks, N.A. |
| Oct 12, 2006 | Extraco Insurance Services Corporation | Extraco Banks, N.A. |
| Oct 7, 2006 | Enterprise Bank & Trust | Enterprise Bank & Trust |
| Oct 7, 2006 | NewMil Bank | Webster Bank, N.A. |
| Oct 7, 2006 | Oswego County National Bank | Alliance Bank, N.A. |
| Oct 7, 2006 | Bridge Street Financial, Inc. | Alliance Financial Corporation |
| Oct 7, 2006 | Newmil Bancorp, Inc. | Webster Financial Corporation |
| Oct 4, 2006 | The Farwell State Savings Bank | FSB Bank |
| Oct 2, 2006 | Braintree Educators & Municipal Employees Federal Credit Union | Quincy Credit Union |
| Oct 2, 2006 | Glenshaw Glass Federal Credit Union | North Districts Community Credit Union |
| Oct 2, 2006 | Marshall County Teachers Federal Credit Union | Lake Chem Community Federal Credit Union |
| Oct 2, 2006 | Orange NJ Postal Employees Federal Credit Union | Montclair Postal Employees Credit Union |
| Oct 2, 2006 | New RCB, Inc. | RCB Holding Company, Inc. |
| Oct 1, 2006 | Dakota Catholic Federal Credit Union | Voyage Federal Credit Union |
| Oct 1, 2006 | Citibank (West) Bancorp Inc. | Citigroup Inc. |
| Oct 1, 2006 | Citibank (West) Holdings Inc. | Citigroup Inc. |
| Oct 1, 2006 | West, National Association | Citibank, N.A. |
| Oct 1, 2006 | The PB Financial Services Corporation | Alabama National Bancorporation |
| Oct 1, 2006 | Florence National Bank | Community Resource Bank, National Association |
| Oct 1, 2006 | Citizens National Bancshares, Inc. | Farmers Capital Bank Corporation |
| Oct 1, 2006 | Sumter National Bank | Community Resource Bank, National Association |
| Oct 1, 2006 | First State Bank, Southwest Indiana | German American Bank |
| Oct 1, 2006 | CFSB, National Association | Citibank, N.A. |
The list holds 500 of the 862 mergers recorded for 2006.
Enforcement Actions in 2006
| Action date | Agency | Institution | Action |
|---|---|---|---|
| Feb 13, 2006 | OCC | Crown Bank | Civil Money Penalty (CMP): Gomes, Jose |
| Feb 13, 2006 | OCC_OTS | First Keystone Bank | Supervisory Agreement: First Keystone Bank |
| Feb 10, 2006 | OCC | Maryland Bank and Trust Company, National Association | Formal Agreement: Maryland Bank and Trust Company, National Association |
| Feb 10, 2006 | OCC_OTS | First Command Bank | Orders of Removal/Prohibition: Deborah A. North |
| Feb 6, 2006 | OCC | City First Bank, N.A. | Formal Agreement: City First Bank of D.C., National Association |
| Feb 6, 2006 Released Feb 7, 2006 | FRB | Gulf Bank | Prohibition from Banking: Mayra Cuellar |
| Feb 2, 2006 | OCC | First National Bank Alaska | Formal Agreement: Alaska First Bank & Trust, National Association |
| Jan 31, 2006 | OCC_OTS | Standard Bank | Orders of Removal/Prohibition: Helen Ruoh Hu |
| Jan 30, 2006 | OCC | The National Bank of Vernon | Formal Agreement: The National Bank of Vernon |
| Jan 26, 2006 | OCC | The First National Bank of Blanchardville | Prohibition/Removal Orders: Hardyman, Mark |
| Jan 26, 2006 | OCC | The Park National Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Wright, Julie K. |
| Jan 25, 2006 | OCC | Pinebank, National Association | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Pinebank, National Association |
| Jan 24, 2006 | OCC_OTS | Sovereign Bancorp, Inc. | Orders of Removal/Prohibition: Alysha Lomax |
| Jan 19, 2006 | FRB | Credit Lyonnais | Cease and Desist Order: Jean Peyrelevade |
| Jan 19, 2006 | OCC_OTS | Monticello Bank | Cease and Desist: Monticello Bank |
| Jan 19, 2006 | OCC | Summit Bank Corporation | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): The Summit National Bank |
| Jan 18, 2006 | OCC | The Farmers National Bank of Danville | Civil Money Penalty (CMP): The Farmers National Bank of Danville |
| Jan 10, 2006 | OCC | (individual) | Prohibition/Removal Orders: Cadotte, James |
| Jan 6, 2006 | OCC | National Bank of Geneva | Civil Money Penalty (CMP): DeRaddo, Steve V. |
| Jan 6, 2006 | OCC | National Bank of Geneva | Civil Money Penalty (CMP): Kime, Thomas |
| Jan 5, 2006 | OCC_OTS | Peoples First Community Bank | Civil Money Penalty: Peoples First Community Bank |
| Jan 3, 2006 | OCC | Washington State Bank, National Association | Formal Agreement: Washington State Bank, National Association |
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