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

The list holds 500 of the 862 mergers recorded for 2006.

Enforcement Actions in 2006

Action date Agency Institution Action
Dec 28, 2006 OCC_OTS UmbrellaBank, FSB Termination of Cease and Desist: UmbrellaBank, FSB
Dec 27, 2006 OCC_OTS River Valley Bancorp Termination of Cease and Desist: River Valley Financial Bank
Dec 27, 2006 OCC First National Bank and Trust Civil Money Penalty (CMP): McCowan, Denver
Dec 27, 2006 OCC First National Bank and Trust Civil Money Penalty (CMP): Adams, Mark
Dec 27, 2006 OCC First National Bank and Trust Civil Money Penalty (CMP): Benge, Charlie
Dec 27, 2006 OCC First National Bank and Trust Civil Money Penalty (CMP): Brewer, Randell
Dec 27, 2006 OCC First National Bank and Trust Civil Money Penalty (CMP): Humfleet, George
Dec 27, 2006 OCC First National Bank and Trust Civil Money Penalty (CMP): James, Kenneth
Dec 27, 2006 OCC First National Bank and Trust Civil Money Penalty (CMP): Luker, Charles
Dec 26, 2006 OCC First National Bank and Trust Civil Money Penalty (CMP): Madon, John A.
Dec 22, 2006 OCC Legacy Bank Formal Agreement: Legacy Bank, National Association
Dec 20, 2006 OCC First United Bank, National Association Civil Money Penalty (CMP): Sullivan, Kenneth T.
Dec 20, 2006
Released Dec 21, 2006		 FRB (individual) Civil Money Penalty $4,950: Oregon Pacific Bank, Florence, OR
Dec 20, 2006
Released Dec 21, 2006		 FRB The Planters National Bank and Trust Company Civil Money Penalty $6,750: Planters Bank and Trust Company, Staunton, VA
Dec 19, 2006
Released Dec 21, 2006		 FRB Habib Bank Limited Written Agreement: Habib Bank Limited, Karachi, Pakistan and Habib Bank Limited New York Branch, …
Dec 18, 2006 FRB (individual) Written Agreement: Mitsubishi UFJ Financial Group, Inc., Tokyo, Japan, The Bank of Tokyo-Mitsubishi UFJ, …
Dec 14, 2006 OCC First United Bank, National Association Civil Money Penalty (CMP): Parks, Arnold A.
Dec 14, 2006 OCC The First National Bank - Fox Valley Formal Agreement: The First National Bank - Fox Valley
Dec 12, 2006 OCC The First National Bank of Fremont Prohibition/Removal Orders: Arndt, Harold
Dec 12, 2006 OCC The First National Bank of Fremont Civil Money Penalty (CMP): Arndt, Harold
Dec 7, 2006 OCC The First National Bank of Keystone Civil Money Penalty (CMP): The First National Bank of Keystone
Dec 7, 2006 OCC The First National Bank of Keystone Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): The First National Bank of Keystone
Dec 4, 2006 OCC Crown Bank Civil Money Penalty (CMP): Rodrigues, Joaquina
Dec 4, 2006 OCC Crown Bank Civil Money Penalty (CMP): Rodrigues, Jacinto
Dec 4, 2006 OCC Crown Bank Civil Money Penalty (CMP): Verissimo, Augusto
Nov 28, 2006 OCC First National Bank of Colorado City Formal Agreement: First National Bank of Colorado City
Nov 28, 2006 OCC The First National Bank of Jeffersonville Formal Agreement: The First National Bank of Jeffersonville
Nov 27, 2006 OCC_OTS Columbia Savings and Loan Association Cease and Desist: Columbia Savings and Loan Association
Nov 27, 2006 OCC The First National Bank of Brewster Civil Money Penalty (CMP): Walker, Dennis A.
Nov 27, 2006 OCC_OTS Universal Savings Banc Holdings, Inc. Cease and Desist: Universal Savings Banc Holdings, Inc.
Nov 22, 2006 OCC The First National Bank of Brewster Civil Money Penalty (CMP): Kness, Bruce N.
Nov 21, 2006 OCC_OTS First Federal Savings and Loan Association Civil Money Penalty: First Federal Savings and Loan Association
Nov 20, 2006 OCC Firstmerit Corporation Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Firstmerit Bank, National Association
Nov 14, 2006 OCC_OTS Domestic Credit Corp Termination of Cease and Desist: Domestic Bank
Nov 8, 2006 OCC JPMorgan Chase Bank, N.A. Prohibition/Removal Orders: Green, Andrea Lynn
Nov 8, 2006 OCC JPMorgan Chase Bank, N.A. C&D or PC&D Requiring Restitution: Green, Andrea Lynn
Nov 8, 2006 OCC First National Bank in Homer Civil Money Penalty (CMP): Fish, James
Nov 7, 2006 OCC Hamilton Bank, N.A. Formal Agreement: Grossman, Robert L.
Nov 7, 2006 OCC Hamilton Bank, N.A. Civil Money Penalty (CMP): Grossman, Robert L.
Nov 6, 2006 OCC The First National Bank of Brewster Civil Money Penalty (CMP): Fornoff, Bradford S.
Nov 6, 2006 OCC The First National Bank of Brewster Civil Money Penalty (CMP): Moser, Charles C.
Nov 6, 2006 OCC Hamilton Bank, N.A. Notice of Charges: Loumiet, Carlos
Nov 6, 2006 OCC Integra Bank N.A. Prohibition/Removal Orders: Tooley, Timothy A.
Nov 6, 2006 OCC The First National Bank of Brewster Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Fornoff, Bradford S.
Nov 6, 2006 OCC_OTS Netbank Supervisory Agreement: NetBank
Nov 6, 2006 OCC The First National Bank of Brewster Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Moser, Charles C.
Nov 2, 2006 OCC The First National Bank of Utica Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Olson, Donald D.
Nov 2, 2006 OCC The First National Bank of Fremont Prohibition/Removal Orders: Patterson, Neal
Nov 2, 2006 OCC The First National Bank of Utica Prohibition/Removal Orders: Olson, Donald D.
Nov 2, 2006 OCC The First National Bank of Fremont Civil Money Penalty (CMP): Patterson, Neal

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