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 | Stone City Bank of Bedford, Indiana | German American Bank |
| Oct 1, 2006 | Jackson City and County Employees Credit Union | Resource Federal Credit Union |
| Oct 1, 2006 | Commercial Capital Bank, FSB | Washington Mutual Bank |
| Oct 1, 2006 | Universal Financial Corp. | Citibank (South Dakota), N.A. |
| Oct 1, 2006 | Bell Com Credit Union | Adventure Credit Union |
| Oct 1, 2006 | Battle Creek Building Trades Credit Union | Kalsee Credit Union |
| Oct 1, 2006 | F C I L E Federal Credit Union | Members Heritage Credit Union Inc |
| Oct 1, 2006 | Unit 10 Credit Union | Scott Credit Union |
| Oct 1, 2006 | Citibank USA, N.A. | Citibank (South Dakota), N.A. |
| Oct 1, 2006 | Melvindale Community Credit Union | Zeal Credit Union |
| Oct 1, 2006 | Bank of Ridgeway | Community Resource Bank, National Association |
| Oct 1, 2006 | State Farm Mid America Federal Credit Union | State Farm Federal Credit Union |
| Oct 1, 2006 | Comdial-Charlottesville Federal Credit Union | Sperry Marine Federal Credit Union |
| Oct 1, 2006 | FirsTier Bank, Wyoming | Firstier Bank |
| Sep 30, 2006 | UnitedKingfield Bank | Camden National Bank |
| Sep 30, 2006 | Starlight Baptist Church Credit Union Inc. | Antioch Baptist Church Credit Union, Inc. |
| Sep 30, 2006 | Both of Delaware, Inc. | Sterling Bancorporation, LLC |
| Sep 30, 2006 | Both, Inc. | Sterling Bancshares, Inc. |
| Sep 30, 2006 | Bank of the Hills, National Association | Sterling Bank |
| Sep 30, 2006 | Kent State Student Credit Union | Kent Credit Union, Inc. |
| Sep 30, 2006 | Community Capital Bank | Carver Federal Savings Bank |
| Sep 30, 2006 | City of Naples Federal Credit Union | Suncoast Credit Union |
| Sep 30, 2006 | San Juan (Puerto Rico) Federal Credit Union | Caribe Federal Credit Union |
| Sep 30, 2006 | The First Western Bank Custer | First Western Bank |
| Sep 29, 2006 | Laurel Financial Group, Inc. | First Commonwealth Bank |
| Sep 29, 2006 | Healthcare Administration Technologies, Inc. | PNC Bank, N.A. |
| Sep 28, 2006 | Pinebank, National Association | Republic Federal Bank, N.A. |
| Sep 25, 2006 | Barre Catholic Credit Union | 802 Credit Union |
| Sep 25, 2006 | Elo Participacoes S.A. | BBD Participacoes S.A. |
| Sep 25, 2006 | Chelan County P.U.D. Employees Credit Union | Numerica Credit Union |
| Sep 23, 2006 | Centennial Bank of Pueblo | Wells Fargo Bank, N.A. |
| Sep 23, 2006 | Fremont National Bank of Canon City | Wells Fargo Bank, N.A. |
| Sep 22, 2006 | MBNA America Delaware, National Association | Bank of America, N.A. |
| Sep 20, 2006 | Madison County School Employees Federal Credit Union | Focal Point Federal Credit Union |
| Sep 19, 2006 | Ridgestone Financial Services, Inc. | Ridgestone Financial Services, Inc. |
| Sep 19, 2006 | Fredonia Central School Federal Credit Union | Inner Lakes Federal Credit Union |
| Sep 16, 2006 | Main Street Bank | Truist Bank |
| Sep 16, 2006 | First Liberty Bancorp, Inc. | Washingtonfirst Bank |
| Sep 16, 2006 | First Liberty National Bank | Washingtonfirst Bank |
| Sep 16, 2006 | Mountain States Bancorporation, Inc. | UMB Bank Colorado, National Association |
| Sep 16, 2006 | Farmers & Merchants Bank and Trust Company | F&M Bank and Trust Company |
| Sep 16, 2006 | Mountain States Bank | UMB Bank Colorado, National Association |
| Sep 15, 2006 | (unnamed) | CommunityBanks |
| Sep 12, 2006 | WestStar Bank | U.S. Bank N.A. |
| Sep 11, 2006 | Rural American Bank - Hector/Fairfax | Valley Bank |
| Sep 11, 2006 | Clayton Mortgage Corp. | Texas Country Bank |
| Sep 11, 2006 | Community of Hope Federal Credit Union | Southern Chautauqua Federal Credit Union |
| Sep 11, 2006 | Citizens State Bank of Waterville | Valley Bank |
| Sep 9, 2006 | State Bank | Amfirst Bank |
| Sep 9, 2006 | Independence Community Bank | Santander Bank, N.A. |
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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