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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
Jul 21, 2006 SterlingSouth Bank & Trust Company NC Bank of North Carolina
Jul 21, 2006 (unnamed) — Commerce Bank
Jul 19, 2006 First of Homestead, Inc. FL Hometown of Homestead Banking Company
Jul 18, 2006 James Monroe Bank VA Mercantile-Safe Deposit and Trust Company
Jul 18, 2006 James Monroe Bancorp, Inc. VA Mercantile Bankshares Corporation
Jul 15, 2006 Golden State Bank IL Brown County State Bank
Jul 15, 2006 Sound Federal Savings NY Hudson City Savings Bank
Jul 14, 2006 Progressive State Bank NC New Century Bank South
Jul 11, 2006 Clover Leaf Bank IL First Clover Leaf Bank, National Association
Jul 10, 2006 West Carrollton Parchment Employees Credit Union, Inc. OH River Valley Credit Union, Inc.
Jul 8, 2006 Metrobank, National Association IA Triumph Community Bank, National Association
Jul 8, 2006 Peoples Bank KY Kentucky Bank
Jul 8, 2006 Peoples Bancorp of Sandy Hook, Inc. KY Kentucky Bancshares, Inc.
Jul 7, 2006 Metrocorp Capital Trust I IL Metrobank, National Association
Jul 7, 2006 Metrocorp, Inc. IL Metrobank, National Association
Jul 5, 2006 Lynnwood Financial Group, Inc. WA Sterling Financial Corporation
Jul 5, 2006 Northstar Bancshares, Inc. MO Enterprise Financial Services Corp
Jul 4, 2006 The Bancshares, Inc. IN Cbin Subsidiary, Inc.
Jul 3, 2006 Valley Employees Credit Union AL TVA Community Credit Union
Jul 2, 2006 Hudmo Valley Federal Credit Union NY Capital Communications Federal Credit Union
Jul 1, 2006 Kenesco Credit Union, Inc. KY Members Choice Credit Union
Jul 1, 2006 The State Bank CO The State Bank
Jul 1, 2006 Sdi Federal Credit Union NC Members Credit Union
Jul 1, 2006 Milestone Federal Credit Union MA Hanscom Federal Credit Union
Jul 1, 2006 Nebraska Citadel Federal Credit Union NE Centris Federal Credit Union
Jul 1, 2006 Moore Federal Credit Union IL Alliant Credit Union
Jul 1, 2006 Compass Credit Union NH Bellwether Community Credit Union
Jul 1, 2006 Atlantic Liberty Savings, F.A. NY Flushing Bank
Jul 1, 2006 Missouri Student Federal Credit Union MO West Community Credit Union
Jul 1, 2006 Des Moines Mercy Credit Union IA Community Choice Credit Union
Jul 1, 2006 Madison County Georgia Federal Credit Union GA Georgia United Credit Union
Jul 1, 2006 Member 1 Credit Union, Incorporated OH Superior Credit Union Inc
Jul 1, 2006 Liberty Federal Credit Union SC Spero Financial Federal Credit Union
Jul 1, 2006 Genesee First Federal Credit Union MI Sagelink Credit Union
Jul 1, 2006 Regional Community Federal Credit Union FL Midflorida Credit Union
Jul 1, 2006 The State Bank KS Union State Bank
Jul 1, 2006 Well-Tel Federal Credit Union OH Emery Federal Credit Union
Jul 1, 2006 Burry Employees Federal Credit Union NJ Elizabeth, NJ Firemen's Federal Credit Union
Jul 1, 2006 Core One Credit Union OH Kemba Financial Credit Union, Inc.
Jul 1, 2006 Midwest Federal Credit Union IL McHenry County Federal Credit Union
Jul 1, 2006 Missouri State Bank and Trust Company MO Southwest Bank, An M&I Bank
Jul 1, 2006 Hapeville Auto Employees Credit Union GA Georgia's Own Credit Union
Jul 1, 2006 West One Federal Credit Union CA Keypoint Credit Union
Jul 1, 2006 Scesc Federal Credit Union SC Palmetto Citizens Federal Credit Union
Jul 1, 2006 Advantage Credit Union WI Marine Credit Union
Jul 1, 2006 Nepco Federal Credit Union CO Minnequa Works Credit Union
Jul 1, 2006 Assumption Parish Cleveland Credit Union OH Unity Catholic Federal Credit Union
Jul 1, 2006 Cape Fear Credit Union NC Self-Help Credit Union
Jul 1, 2006 West Toledo Federal Credit Union OH Glass City Federal Credit Union
Jul 1, 2006 Flinchbaugh Credit Union PA White Rose 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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