Calendar Year

2009 in US Banking

1,486 bank events are on record for 2009: 140 failures, 566 mergers or acquisitions involving a bank, credit union or bank holding company, and 772 enforcement actions.

140

Failures

$169.71B in failed assets

566

Mergers

Federal Reserve NIC, banking organizations

772

Enforcement

OCC, FDIC, FRB, OTS and SEC 8-K filings

8

Assistance

FDIC open-bank assistance

Jump to: Bank failures 2009 · Bank mergers 2009

How many banks failed in 2009?

140 banks failed in 2009, with $169.71B in assets. Each failure below links to its own page.

Date	Bank	HQ	Assets	Acquirer or resolution
Sep 11, 2009	Brickwell Community Bank	Woodbury, MN	$72.6M	Cortrust Bank, N.A.
Sep 4, 2009	Vantus Bank	Sioux City, IA	$503.6M	Great Southern Bank
Sep 4, 2009	Inbank	Oak Forest, IL	$209.8M	MB Financial N.A.
Sep 4, 2009	Platinum Community Bank	Rolling Meadows, IL	$148.0M	—
Sep 4, 2009	First State Bank	Flagstaff, AZ	$107.2M	Sunwest Bank
Sep 4, 2009	First Bank of Kansas City	Kansas City, MO	$15.7M	Great American Bank
Aug 28, 2009	Affinity Bank	Ventura, CA	$1.21B	Pacific Western Bank
Aug 28, 2009	MainStreet Bank	Forest Lake, MN	$458.5M	Central Bank
Aug 28, 2009	Bradford Bank	Baltimore, MD	$451.9M	Manufacturers and Traders Trust Company
Aug 21, 2009	Guaranty Bank	Austin, TX	$13.46B	Compass Bank
Aug 21, 2009	Capitalsouth Bank	Birmingham, AL	$586.6M	Iberiabank
Aug 21, 2009	First Coweta	Newnan, GA	$163.8M	United Bank
Aug 21, 2009	Ebank	Atlanta, GA	$144.7M	Stearns Bank, N.A.
Aug 14, 2009	Colonial Bank	Montgomery, AL	$25.46B	BB&T
Aug 14, 2009	Community Bank of Nevada	Las Vegas, NV	$1.40B	—
Aug 14, 2009	Community Bank of Arizona	Phoenix, AZ	$158.5M	MidFirst Bank
Aug 14, 2009	Union Bank, N.A.	Gilbert, AZ	$119.5M	MidFirst Bank
Aug 14, 2009	Dwelling House Savings and Loan	Pittsburgh, PA	$12.9M	PNC Bank, N.A.
Aug 7, 2009	First State Bank	Sarasota, FL	$447.7M	Stearns Bank, N.A.
Aug 7, 2009	Community First Bank	Prineville, OR	$199.5M	Home Federal Bank
Aug 7, 2009	Community National Bank of Sarasota County	Venice, FL	$92.5M	Stearns Bank, N.A.
Jul 31, 2009	Mutual Bank	Harvey, IL	$1.60B	United Central Bank
Jul 31, 2009	Peoples Community Bank	West Chester, OH	$606.2M	First Financial Bank, N.A.
Jul 31, 2009	First Bankamericano	Elizabth, NJ	$163.4M	Crown Bank
Jul 31, 2009	Integrity Bank	Jupiter, FL	$105.3M	Stonegate Bank
Jul 31, 2009	First State Bank of Altus	Altus, OK	$90.9M	Herring Bank
Jul 24, 2009	Security Bank of Bibb County	Macon, GA	$943.7M	State Bank and Trust Company
Jul 24, 2009	Security Bank of Jones County	Gray, GA	$432.7M	State Bank and Trust Company
Jul 24, 2009	Security Bank of Houston County	Perry, GA	$371.6M	State Bank and Trust Company
Jul 24, 2009	Security Bank of Gwinnett County	Suwannee, GA	$259.2M	State Bank and Trust Company
Jul 24, 2009	Security Bank of North Fulton	Alpharetta, GA	$190.6M	State Bank and Trust Company
Jul 24, 2009	Security Bank of North Metro	Woodstock, GA	$184.2M	State Bank and Trust Company
Jul 24, 2009	Waterford Village Bank	Williamsville, NY	$55.7M	Evans Bank N.A.
Jul 17, 2009	Vineyard Bank, N.A.	Rancho Cucamonga, CA	$1.64B	California Bank & Trust
Jul 17, 2009	Temecula Valley Bank	Temecula, CA	$1.40B	First-Citizens Bank and Trust Company
Jul 17, 2009	BankFirst	Sioux Falls, SD	$210.8M	Alerus Financial, N.A.
Jul 17, 2009	First Piedmont Bank	Winder, GA	$114.1M	First American Bank and Trust Company
Jul 10, 2009	Bank of Wyoming	Thermopolis, WY	$70.2M	Central Bank & Trust
Jul 2, 2009	Founders Bank	Worth, IL	$889.2M	The Privatebank and Trust Company
Jul 2, 2009	The First National Bank of Danville	Danville, IL	$148.2M	First Financial Bank, N.A.
Jul 2, 2009	Millennium State Bank of Texas	Dallas, TX	$118.6M	State Bank of Texas
Jul 2, 2009	Rock River Bank	Oregon, IL	$74.8M	The Harvard Bank
Jul 2, 2009	The John Warner Bank	Clinton, IL	$69.6M	State Bank of Lincoln
Jul 2, 2009	The Elizabeth State Bank	Elizabeth, IL	$55.0M	Galena State Bank and Trust
Jul 2, 2009	The First State Bank of Winchester	Winchester, IL	$30.1M	The First National Bank of Beardstown
Jun 26, 2009	Mirae Bank	Los Angeles, CA	$480.6M	Wilshire State Bank
Jun 26, 2009	Neighborhood Community Bank	Newnan, GA	$212.6M	Charterbank
Jun 26, 2009	Community Bank of West Georgia	Villa Rica, GA	$201.2M	—
Jun 26, 2009	Horizon Bank	Pine City, MN	$84.8M	Stearns Bank, N.A.
Jun 26, 2009	Metropacific Bank	Irvine, CA	$75.3M	Sunwest Bank

Which banks merged in 2009?

566 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 2009.

See the fuller list: Bank mergers 2009 with largest deals and credit union mergers ›

Date	Acquired	St	Acquirer
Dec 1, 2009	Printing and Publishing Employees Credit Union	CA	Printing Industries Credit Union
Dec 1, 2009	Central Bank	NE	Citizens Bank & Trust Company
Dec 1, 2009	Pueblo City Employees Federal Credit Union	CO	Aventa Credit Union
Dec 1, 2009	Avx-MB Federal Credit Union	SC	Carolina Trust Federal Credit Union
Dec 1, 2009	Salem County School Employees Federal Credit Union	NJ	Member's 1st of NJ Federal Credit Union
Dec 1, 2009	HNJ Catholic Credit Union	MO	Gateway Metro Federal Credit Union
Dec 1, 2009	Landmark Partners LLC	KY	Hancock Bank & Trust Company
Dec 1, 2009	CNB Financial Corporation	MA	United Financial Bancorp, Inc.
Dec 1, 2009	Commonwealth National Bank	MA	United Bank
Dec 1, 2009	Citizens Bank in Loup City	NE	Citizens Bank & Trust Company
Dec 1, 2009	Trust Industrial Bank	CO	Lincoln Trust Company
Nov 30, 2009	Illinois Central Area Credit Union	IL	Kaskaskia Valley Credit Union
Nov 19, 2009	Bear Stearns Forex Inc.	NY	JPMorgan Chase Bank, N.A.
Nov 18, 2009	Blanco National Holdings of Delaware, Inc.	DE	Blanco National Holdings, Inc.
Nov 16, 2009	Pilgrim Bank Texas	TX	Pilgrim Bank
Nov 14, 2009	Anchor Bank National Association	MN	Anchor Bank, National Association
Nov 14, 2009	Anchor Bank Heritage, National Association	MN	Anchor Bank, National Association
Nov 14, 2009	First State Bank of Biggsville	IL	Casey State Bank
Nov 14, 2009	MainSource Bank of Illinois	IL	MainSource Bank
Nov 12, 2009	Ladai Federal Credit Union	LA	Bayou Federal Credit Union
Nov 11, 2009	The Citizens National Bank of Akron	CO	The Farmers State Bank of Brush
Nov 10, 2009	First Pratt Bankshares, Inc.	KS	Pratt Community Bancshares, Inc.
Nov 9, 2009	Nash Council Federal Credit Union	NY	St. Johns Buffalo Federal Credit Union
Nov 7, 2009	First State Bank	IA	First Security Bank and Trust Company
Nov 7, 2009	Allen Bank and Trust Company	MO	Country Club Bank
Nov 7, 2009	First State Bank	IA	First Security Bank and Trust Company
Nov 7, 2009	National City Bank	OH	PNC Bank, N.A.
Nov 7, 2009	MidAmerican Bank and Trust Company, National Association	KS	Country Club Bank
Nov 6, 2009	Northern Corridor Community Federal Credit Union	NY	Ufirst Federal Credit Union
Nov 5, 2009	Falcon Nevada, Inc.	NV	Falcon Bancshares Incorporated
Nov 2, 2009	Merrill Lynch Bank & Trust Co., FSB	NY	Bank of America, N.A.
Nov 2, 2009	Merrill Lynch Trust Company of Delaware	DE	U.S. Trust Company of Delaware
Nov 2, 2009	Firestone Credit Union	IA	Affinity Credit Union
Nov 1, 2009	Atlas Community Credit Union	IL	Laclede Community Credit Union
Nov 1, 2009	First Berlin Investment, Inc.	NV	Fortifi Bank
Nov 1, 2009	Manatee River Community Bank	FL	First America Bank
Nov 1, 2009	City State Bancshares, Inc. - Delaware	DE	City State Bancshares, Inc.
Nov 1, 2009	Wachovia Bank, FSB	TX	Wells Fargo Bank South Central, N.A.
Nov 1, 2009	Wells Fargo Bank Southwest, National Association	NV	Wells Fargo Bank, N.A.
Nov 1, 2009	Southern Bancorp Bank	MS	Uplift Bank
Nov 1, 2009	Holy Trinity Church of Bedford Federal Credit Union	OH	Saints Margaret & Gregory Federal Credit Union
Nov 1, 2009	Carolina Mountains Credit Union	NC	Self-Help Credit Union
Nov 1, 2009	Members Advantage Federal Credit Union	CO	Westminster Federal Credit Union
Nov 1, 2009	V B S Federal Credit Union	OH	Universal 1 Credit Union, Inc.
Nov 1, 2009	Priests Credit Union	ND	Catholic United Financial Credit Union
Nov 1, 2009	Sarasota Coastal Credit Union	FL	Achieva Credit Union
Nov 1, 2009	Saint Willibrord Credit Union	IL	Sherwin Williams Employees Credit Union
Nov 1, 2009	Market Basket Federal Credit Union	TX	Rave Financial Credit Union
Nov 1, 2009	Southern Bancorp Bank, National Association	AR	Uplift Bank
Nov 1, 2009	Csra Federal Credit Union	GA	Associated Credit Union

The list holds 500 of the 566 mergers recorded for 2009.

Enforcement Actions in 2009

Action date	Agency	Institution	Action
Feb 17, 2009	OCC_OTS	Sykesville Federal Savings Association	Civil Money Penalty: C. Todd Brown
Feb 17, 2009	OCC	Ohio Legacy Corp.	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Ohio Legacy Bank, National Association
Feb 17, 2009	OCC_OTS	Sykesville Federal Savings Association	Civil Money Penalty: Charles E. Wehland
Feb 17, 2009	OCC_OTS	Sykesville Federal Savings Association	Civil Money Penalty: Brian L. Haight
Feb 17, 2009	OCC_OTS	Sykesville Federal Savings Association	Civil Money Penalty: Melvin T. Hush
Feb 17, 2009 Released Feb 19, 2009	FRB	Polk County Bancorporation, Inc.	Written Agreement: Polk County Bancorporation, Inc., Johnston, Iowa
Feb 17, 2009	OCC_OTS	Sykesville Federal Savings Association	Civil Money Penalty: Gilbert L. Fleming
Feb 17, 2009	OCC_OTS	Sykesville Federal Savings Association	Civil Money Penalty: William R. Atkinson
Feb 17, 2009	OCC_OTS	Sykesville Federal Savings Association	Civil Money Penalty: Rose M. Icenroad
Feb 17, 2009	OCC_OTS	Sykesville Federal Savings Association	Civil Money Penalty: Evelyn L. Burns
Feb 13, 2009 Released Feb 19, 2009	FRB	Florida Community Banks, Inc.	Written Agreement: Florida Community Banks, Inc., Immokalee, Florida
Feb 12, 2009	OCC	First United Bank, National Association	Civil Money Penalty (CMP): Baltz, Stephen
Feb 12, 2009	OCC	First United Bank, National Association	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Baltz, Stephen
Feb 12, 2009	OCC	The Upstate National Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): The Upstate National Bank
Feb 12, 2009	OCC	International City Mortgage	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): International City Bank, National Association
Feb 12, 2009	OCC_OTS	Peoples First Properties, Inc.	Cease and Desist: Peoples First Properties, Inc.
Feb 12, 2009	OCC	First United Bank, National Association	Civil Money Penalty (CMP): Baltz, Kimberly
Feb 12, 2009	OCC	First United Bank, National Association	Civil Money Penalty (CMP): Baltz, Martha
Feb 12, 2009	OCC	Pacific National Bank	Formal Agreement: Pacific National Bank
Feb 11, 2009 Released Feb 27, 2009	FRB	(individual)	Cease and Desist Order: FSB Bancorp, Inc., Altus, Oklahoma
Feb 11, 2009	OCC_OTS	Home Federal Savings Bank	Civil Money Penalty: Thomas R. Williams
Feb 11, 2009	OCC_OTS	Peoples First Community Bank	Cease and Desist: Peoples First Community Bank
Feb 11, 2009 Released Feb 19, 2009	FRB	Temecula Valley Bancorp Inc.	Written Agreement: Temecula Valley Bancorp, Inc., Temecula, California
Feb 10, 2009	OCC	Coast National Bank	Formal Agreement: Coast National Bank
Feb 9, 2009	OCC	U.S. Bank N.A.	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Elison, Timothy Troy
Feb 9, 2009	OCC	Patriot Bank, N.A.	Formal Agreement: Patriot National Bank
Feb 9, 2009	OCC	Washington State Bank, National Association	Prohibition/Removal Orders: Vinson, Paula R.
Feb 6, 2009	OCC_OTS	United Western Bank	Orders of Removal/Prohibition: Felix (a.k.a. Felix Knight) Kudawashe Kamangirira
Feb 6, 2009	OCC	Bay National Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Bay National Bank
Feb 4, 2009	OCC	Union Planters Corporation	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Bobb, Gregory
Feb 4, 2009	OCC_OTS	Lehman Brothers Bank, FSB	Prompt Corrective Action: Lehman Brothers Bank, FSB
Feb 4, 2009 Released Feb 9, 2009	FRB	The Genoa Banking Company	Civil Money Penalty, $3,990: Genoa Banking Company, Genoa, Ohio
Feb 4, 2009	OCC	(individual)	Formal Agreement: Uvalde National Bank
Feb 3, 2009	OCC	Unity National Bank	Formal Agreement: Unity National Bank
Feb 3, 2009	FRB	Farmers State Bank of Montana	Section 19 Letters: Kari Tudahl
Feb 3, 2009	OCC	BC National Banks	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): BC National Banks
Feb 3, 2009	FRB	Regions Bank	Section 19 Letters: Kim Lynn Heaven
Feb 3, 2009	OCC_OTS	Federal Trust Bank, A Federal Savings Bank	Prompt Corrective Action: Federal Trust Bank
Jan 30, 2009	OCC	Capitol National Bank	Formal Agreement: Capitol National Bank
Jan 28, 2009 Released Feb 3, 2009	FRB	Sun American Bancorp	Written Agreement: Sun American Bancorp, Boca Raton, Florida; Sun American Bank, Boca Raton, Florida
Jan 27, 2009 Released Feb 9, 2009	FRB	Firstcity Bancorp, Inc.	Written Agreement: FirstCity Bancorp, Inc., Stockbridge, Georgia
Jan 27, 2009	OCC	Southern Colorado National Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Southern Colorado National Bank
Jan 26, 2009	OCC	The First National Bank of Olathe	GLBA Agreement: The First National Bank of Olathe
Jan 26, 2009	OCC_OTS	Lehman Brothers Bank, FSB	Cease and Desist: Lehman Brothers Bank, FSB
Jan 26, 2009	OCC_OTS	Firstfed Financial Corporation	Cease and Desist: Firstfed Financial Corporation
Jan 26, 2009	OCC_OTS	First Federal Bank of California, a Federal Savings Bank	Cease and Desist: First Federal Bank of California, FSB
Jan 26, 2009	OCC	Aurora Bank FSB	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Lehman Brothers Bank, FSB
Jan 23, 2009 Released Jan 28, 2009	FRB	America West Bank Members, L.C.	Written Agreement: America West Bank Members, L.C., Layton, Utah
Jan 23, 2009	OCC	University National Bancshares, Inc.	Formal Agreement: University National Bank
Jan 23, 2009	OCC_OTS	Community Bank	Orders of Removal/Prohibition: Lovetta Moore

FDIC Open-Bank Assistance in 2009

Date	Institution	HQ	Assets
Jan 16, 2009	Bank of America N.A.	Charlotte, NC	$1.47T
Jan 16, 2009	FIA Card Services N.A.	Wilmington, DE	$159.64B
Jan 16, 2009	Countrywide Bank FSB	Alexandria, VA	$117.98B
Jan 16, 2009	Merrill Lynch Bank USA	Salt Lake City, UT	$61.81B
Jan 16, 2009	Merrill Lynch Bank & Trust Co FSB	New York, NY	$37.99B
Jan 16, 2009	Bank of America Rhode Island N.A.	Providence, RI	$35.41B
Jan 16, 2009	Bank of America California N.A.	San Francisco, CA	$21.50B
Jan 16, 2009	Bank of America Oregon N.A.	Portland, OR	$11.53B

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