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