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 | State Farm Northeast Federal Credit Union | State Farm Federal Credit Union |
| Oct 1, 2006 | State Farm Southern Federal Credit Union | State Farm Federal Credit Union |
| Oct 1, 2006 | Citibank Texas, National Association | Citibank, N.A. |
| Oct 1, 2006 | C.P. Burnett & Sons, Inc. | Midwest Community Bancshares, Inc. |
| Oct 1, 2006 | Citizens Development Company | Glacier Bancorp, Inc. |
| Oct 1, 2006 | Firstier Bancorp I | Firstier Bancorp |
| Oct 1, 2006 | Embeco Credit Union | Premier Source Credit Union |
| Oct 1, 2006 | Citizens State Bank | German American Bank |
| Oct 1, 2006 | State Farm Central Federal Credit Union | State Farm Federal Credit Union |
| Oct 1, 2006 | Michigan Federal Credit Union | Tri-Pointe Community Credit Union |
| Oct 1, 2006 | Tri Valley Community Federal Credit Union | Vocal Credit Union |
| Oct 1, 2006 | State Farm Great Western Federal Credit Union | State Farm Federal Credit Union |
| Oct 1, 2006 | Se Family Federal Credit Union | Freedom Credit Union |
| Oct 1, 2006 | Cal-Cen Federal Credit Union | Carepoint Federal Credit Union |
| Oct 1, 2006 | Home Building Savings Bank, F.S.B. | First Federal Savings Bank |
| Oct 1, 2006 | State Farm Heartland Federal Credit Union | State Farm Federal Credit Union |
| Oct 1, 2006 | Elevator Employees Federal Credit Union | Glass City Federal Credit Union |
| Oct 1, 2006 | United Federal Credit Union | United Federal Credit Union |
| Oct 1, 2006 | State Farm Texas Federal Credit Union | State Farm Federal Credit Union |
| Oct 1, 2006 | Peoples Bank | German American Bank |
| Oct 1, 2006 | Lever United Community Credit Union | Municipal Employees Credit Union of Baltimore, Inc |
| Oct 1, 2006 | Littelfuse Employees Credit Union | Vamco Credit Union |
| Oct 1, 2006 | First National Bank of Wiggins | The First Bank |
| Oct 1, 2006 | Eastern Credit Union, Inc. | Golden Circle Credit Union, Inc. |
| Oct 1, 2006 | State Farm California Federal Credit Union | State Farm Federal Credit Union |
| Oct 1, 2006 | Greater Houston Federal Credit Union | Houston Federal Credit Union |
| Oct 1, 2006 | Sourceone Federal Credit Union | Firefly Federal Credit Union |
| Oct 1, 2006 | C. P. Burnett & Sons, Bankers | First Southern Bank |
| Oct 1, 2006 | Brecksville School Employees Credit Union | Emerald Credit Union, Inc. |
| Oct 1, 2006 | Citicorp Trust, National Association | Citibank, N.A. |
| Oct 1, 2006 | State Farm Pacific Northwest Federal Credit Union | State Farm Federal Credit Union |
| Oct 1, 2006 | First American Bank | German American Bank |
| Oct 1, 2006 | Members First Federal Credit Union | Transcend Credit Union |
| Oct 1, 2006 | State Farm Mid-Atlantic Federal Credit Union | State Farm Federal Credit Union |
| Oct 1, 2006 | South Omaha Federal Credit Union | Centris Federal Credit Union |
| Oct 1, 2006 | Charles River Federal Credit Union | First Technology Federal Credit Union |
| Oct 1, 2006 | North Central West Virginia Ibew Federal Credit Union | Morgantown a E S Federal Credit Union |
| Oct 1, 2006 | Citibank (Delaware) | Citibank, N.A. |
| Oct 1, 2006 | Citibank (Nevada), National Association | Citibank (South Dakota), N.A. |
| Oct 1, 2006 | Mercy Health Center Federal Credit Union | The Focus Federal Credit Union |
| Oct 1, 2006 | Rochester Gauges Federal Credit Union | Mobility Credit Union |
| Oct 1, 2006 | South Coast Community Federal Credit Union | Wescom Central Credit Union |
| Oct 1, 2006 | Gateway Credit Union | Westerra Credit Union |
| Oct 1, 2006 | State Farm Florida Reg Office Federal Credit Union | State Farm Federal Credit Union |
| Oct 1, 2006 | Merit Federal Credit Union | Tri Boro Federal Credit Union |
| Oct 1, 2006 | Saint Lucie Community Credit Union | Guardians Credit Union |
| Oct 1, 2006 | Pan Am Horizons Federal Credit Union | Power Financial Credit Union |
| Oct 1, 2006 | Hillcrest Community Credit Union | Cardinal Credit Union, Inc. |
| Oct 1, 2006 | Oregon Independent Federal Credit Union | Oregonians Credit Union |
| Oct 1, 2006 | Inland Counties Postal Credit Union | Priority One Credit Union |
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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