Calendar Year
2010 in US Banking
1,535 bank events are on record for 2010: 157 failures, 502 mergers or acquisitions involving a bank, credit union or bank holding company, and 876 enforcement actions.
157
Failures
$92.08B in failed assets
502
Mergers
Federal Reserve NIC, banking organizations
876
Enforcement
OCC, FDIC, FRB, OTS and SEC 8-K filings
Jump to: Bank failures 2010 · Bank mergers 2010
How many banks failed in 2010?
157 banks failed in 2010, with $92.08B in assets. Each failure below links to its own page.
| Date | Bank | Assets |
|---|---|---|
| Jul 30, 2010 | The Cowlitz Bank | $489.0M |
| Jul 30, 2010 | Coastal Community Bank | $377.5M |
| Jul 30, 2010 | Northwest Bank & Trust | $160.8M |
| Jul 30, 2010 | Bayside Savings Bank | $64.3M |
| Jul 23, 2010 | Crescent Bank and Trust Company | $970.2M |
| Jul 23, 2010 | Sterling Bank | $355.0M |
| Jul 23, 2010 | Home Valley Bank | $250.5M |
| Jul 23, 2010 | Southwestusa Bank | $203.7M |
| Jul 23, 2010 | Williamsburg First National Bank | $130.4M |
| Jul 23, 2010 | Community Security Bank | $100.6M |
| Jul 23, 2010 | Thunder Bank | $28.2M |
| Jul 16, 2010 | First National Bank of the South | $619.4M |
| Jul 16, 2010 | Metro Bank of Dade County | $399.4M |
| Jul 16, 2010 | Woodlands Bank | $382.8M |
| Jul 16, 2010 | Turnberry Bank | $240.3M |
| Jul 16, 2010 | Olde Cypress Community Bank | $161.4M |
| Jul 16, 2010 | MainStreet Savings Bank, FSB | $96.6M |
| Jul 9, 2010 | Home National Bank | $585.4M |
| Jul 9, 2010 | Bay National Bank | $217.7M |
| Jul 9, 2010 | USA Bank | $190.7M |
| Jul 9, 2010 | Ideal Federal Savings Bank | $6.2M |
| Jun 25, 2010 | Peninsula Bank | $630.2M |
| Jun 25, 2010 | First National Bank | $252.5M |
| Jun 25, 2010 | High Desert State Bank | $80.3M |
| Jun 18, 2010 | Nevada Security Bank | $492.5M |
| Jun 11, 2010 | Washington First International Bank | $520.9M |
| Jun 4, 2010 | Tierone Bank | $2.82B |
| Jun 4, 2010 | First National Bank | $60.4M |
| Jun 4, 2010 | Arcola Homestead Savings Bank | $17.0M |
| May 28, 2010 | Bank of Florida - Southwest | $640.9M |
| May 28, 2010 | Bank of Florida - Southeast | $595.3M |
| May 28, 2010 | Sun West Bank | $360.7M |
| May 28, 2010 | Bank of Florida - Tampa Bay | $240.5M |
| May 28, 2010 | Granite Community Bank, N.A. | $102.9M |
| May 21, 2010 | Pinehurst Bank | $61.2M |
| May 14, 2010 | Midwest Bank and Trust Company | $3.17B |
| May 14, 2010 | Satilla Community Bank | $135.7M |
| May 14, 2010 | New Liberty Bank | $111.2M |
| May 14, 2010 | Southwest Community Bank | $100.7M |
| May 7, 2010 | 1st Pacific Bank of California | $335.8M |
| May 7, 2010 | The Bank of Bonifay | $242.9M |
| May 7, 2010 | Towne Bank of Arizona | $120.2M |
| May 7, 2010 | Access Bank | $32.0M |
| Apr 30, 2010 | Westernbank Puerto Rico | $10.80B |
| Apr 30, 2010 | R-G Premier Bank of Puerto Rico | $5.68B |
| Apr 30, 2010 | Frontier Bank | $3.25B |
| Apr 30, 2010 | Eurobank | $2.45B |
| Apr 30, 2010 | CF Bancorp | $1.60B |
| Apr 30, 2010 | Champion Bank | $195.5M |
| Apr 30, 2010 | BC National Banks | $52.2M |
Which banks merged in 2010?
502 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 2010.
See the fuller list: Bank mergers 2010 with largest deals and credit union mergers ›
| Date | Acquired | Acquirer |
|---|---|---|
| Jul 1, 2010 | The Farmers and Merchants State Bank | The Riley State Bank of Riley Kansas |
| Jul 1, 2010 | All City Credit Union | Northwest Plus Credit Union |
| Jul 1, 2010 | Lafayette Teachers & Employees Federal Credit Union | Meritus Federal Credit Union |
| Jul 1, 2010 | First Keystone Bank | The Bryn Mawr Trust Company |
| Jul 1, 2010 | Reco Credit Union | 1st Midamerica Credit Union |
| Jul 1, 2010 | Putnam Federal Credit Union | Hudson Valley Federal Credit Union |
| Jul 1, 2010 | Southwest Bank, An M&I Bank | M&I Marshall and Ilsley Bank |
| Jul 1, 2010 | Southeast Community Credit Union | River City Federal Credit Union |
| Jul 1, 2010 | Decatur Firemens Credit Union | United Equity Credit Union |
| Jul 1, 2010 | State Central Credit Union | Summit Credit Union |
| Jul 1, 2010 | Croydon Savings Bank | Fidelity Savings & Loan Association of Bucks County |
| Jul 1, 2010 | First Delta Federal Credit Union | Shreveport Federal Credit Union |
| Jul 1, 2010 | PPG Paint Research Federal Credit Union | PPG & Associates Federal Credit Union |
| Jul 1, 2010 | Hamden Federal Credit Union | Crosspoint Federal Credit Union |
| Jul 1, 2010 | Lake Charles Telco Credit Union | Pelican Credit Union |
| Jul 1, 2010 | Firstcom Bancorp, Inc. | Byline Bancorp, Inc. |
| Jul 1, 2010 | The Bank of Nashville | Synovus Bank |
| Jul 1, 2010 | Credit Suisse (International) Holding Ag | Credit Suisse Ag |
| Jul 1, 2010 | Rutgers University Student and Alumni Federal Credit Union | Affinity Federal Credit Union |
| Jul 1, 2010 | First Keystone Financial, Inc. | Bryn Mawr Bank Corporation |
| Jul 1, 2010 | First Midland Nevada Corp. | First Bancshares of Texas, Inc. |
| Jun 30, 2010 | Lancaster Pennsylvania Police Federal Credit Union | Lancaster Red Rose Credit Union |
| Jun 30, 2010 | Grupo Empresas Servicios Financieros | FirstBank Puerto Rico |
| Jun 30, 2010 | First Leasing and Rental Corp. | FirstBank Puerto Rico |
| Jun 30, 2010 | U W Trust Company | United Western Trust Company |
| Jun 30, 2010 | Orchard Valley Financial Corp. | First State Bank of Colorado |
| Jun 30, 2010 | Paonia Financial Services, Inc. | First State Bank of Colorado |
| Jun 30, 2010 | Paonia State Bank | First State Bank of Colorado |
| Jun 30, 2010 | Colorado Mountain Bank | First State Bank of Colorado |
| Jun 28, 2010 | Inficorp Holdings, Inc. | First National of Nebraska, Inc. |
| Jun 28, 2010 | Turnpike Credit Union | Mass Bay Credit Union |
| Jun 12, 2010 | Kramer Homes Federal Credit Union | Unity Credit Union |
| Jun 11, 2010 | Muskegon Teachers Credit Union | Best Financial Credit Union |
| Jun 8, 2010 | SWNB Nevada Corporation | SWNB Bancorp, Inc. |
| Jun 5, 2010 | Medina Valley State Bank | Security State Bank |
| Jun 1, 2010 | Wausau City Employees Credit Union | Connexus Credit Union |
| Jun 1, 2010 | Synovus Bank of Jacksonville | Synovus Bank |
| Jun 1, 2010 | Jefferson Community Development Federal Credit Union | Coosa Pines Federal Credit Union |
| Jun 1, 2010 | Synovus Bank | Synovus Bank |
| Jun 1, 2010 | Progressive Neighborhood Federal Credit Union | Visions Federal Credit Union |
| Jun 1, 2010 | Sterling Bank | Synovus Bank |
| Jun 1, 2010 | The Bank of Tuscaloosa | Synovus Bank |
| Jun 1, 2010 | Georgia Bank & Trust | Synovus Bank |
| Jun 1, 2010 | First Coast Community Bank | Synovus Bank |
| Jun 1, 2010 | Epworth Federal Credit Union | Market USA Federal Credit Union |
| Jun 1, 2010 | AFB&T | Synovus Bank |
| Jun 1, 2010 | Commercial Bank & Trust Company of Troup County | Synovus Bank |
| Jun 1, 2010 | Bank of North Georgia | Synovus Bank |
| Jun 1, 2010 | Bank of Coweta | Synovus Bank |
| Jun 1, 2010 | Niagara Pasny Federal Credit Union | Niagara's Choice Federal Credit Union |
The list holds 500 of the 502 mergers recorded for 2010.
Enforcement Actions in 2010
| Action date | Agency | Institution | Action |
|---|---|---|---|
| May 6, 2010 | OCC | First State Bancorp of the Rockies | Civil Money Penalty (CMP): Penny, Bruce |
| May 5, 2010 | OCC | Valley National Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Valley National Bank |
| May 4, 2010 Released May 12, 2010 | FRB | (individual) | Written Agreement: North Valley Bank, Zanesville, Ohio |
| May 4, 2010 Released May 7, 2010 | FRB | The South Financial Group, Inc. | Written Agreement: The South Financial Group, Greenville, South Carolina |
| May 3, 2010 | OCC | Seaside National Bank & Trust | Formal Agreement: Seaside National Bank & Trust |
| May 3, 2010 Released Sep 27, 2018 | FRB | Presidential Holdings, Inc. | Written Agreement: Presidential Holdings, Inc., Bethesda, Maryland |
| May 3, 2010 | OCC | City National Bank | Civil Money Penalty (CMP): City National Bank |
| May 3, 2010 | OCC_OTS | Presidential Bank, FSB | Supervisory Agreement: Presidential Holdings, Inc. |
| May 3, 2010 Released May 11, 2010 | FRB | NCB Financial | Written Agreement: NCB Financial, Las Vegas, Nevada |
| May 3, 2010 | OCC_OTS | Presidential Bank, FSB | Supervisory Agreement: Presidential Bank, FSB |
| May 2, 2010 Released May 11, 2010 | FRB | HNB Corporation | Written Agreement: HNB Corporation, Arkansas City, Kansas |
| Apr 30, 2010 Released May 13, 2010 | FRB | Trivoli Bancorp, Inc. | Written Agreement: Trivoli Bancorp, Trivoli, Illinois |
| Apr 30, 2010 | OCC_OTS | North American Savings Bank, FSB | Supervisory Agreement: North American Savings Bank, FSB |
| Apr 30, 2010 | OCC_OTS | Home Loan & Investment Association | Civil Money Penalty: Home Loan Investment Bank, F.S.B. |
| Apr 30, 2010 | OCC | North American Savings Bank, FSB | Formal Agreement: North American Savings Bank, FSB |
| Apr 29, 2010 | OCC | Charter National Bank and Trust | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Charter National Bank and Trust |
| Apr 29, 2010 Released May 10, 2010 | FRB | Advantage Bancorp, Inc. | Written Agreement: Advantage Bancorp, Inc., Loveland, Colorado |
| Apr 28, 2010 | OCC | Citizens Bank, National Association | Formal Agreement: Citizens Bank, National Association |
| Apr 28, 2010 Released May 10, 2010 | FRB | Farmers Bancorporation, Inc. | Written Agreement: Farmers Bancorporation, Inc., Buhl, Idaho |
| Apr 28, 2010 | OCC | Fsgbank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): FSGBank, National Association |
| Apr 28, 2010 | OCC | Rosemount National Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Rosemount National Bank |
| Apr 27, 2010 Released May 4, 2010 | FRB | The Northwestern Bank | Written Agreement: The Northwestern Bank, Chippewa Falls, Wisconsin |
| Apr 27, 2010 Released May 5, 2010 | FRB | (individual) | Written Agreement: Legacy Bancorp, Inc., Milwaukee, Wisconsin; Legacy Bank, Milwaukee, Wisconsin |
| Apr 27, 2010 | OCC | First Keystone Corporation | Prohibition/Removal Orders: Knecht, Mary |
| Apr 26, 2010 Released May 6, 2010 | FRB | Alikat Investments, Inc. | Written Agreement: AliKat Investments, Inc., Gurnee, Illinois; Northside Community Bank, Gurnee, Illinois |
| Apr 23, 2010 | OCC | (individual) | Formal Agreement: Farmers National Bank |
| Apr 23, 2010 | FRB | Suntrust Bank | Section 19 Letters: Lena Altman |
| Apr 23, 2010 Released Apr 29, 2010 | FRB | FMB Equibanc, Inc. | Written Agreement: FMB Equibanc, Inc., Statesboro, Georgia |
| Apr 23, 2010 Released May 3, 2010 | FRB | Lake County Trust Company | Written Agreement: Lake County Bank, Saint Ignatius, Montana |
| Apr 23, 2010 | OCC_OTS | Woodforest Bank | Cease and Desist: Woodforest Bank |
| Apr 23, 2010 Released May 5, 2010 | FRB | Tower Financial Corporation | Written Agreement: Tower Financial Corporation, Fort Wayne, Indiana; Tower Bank & Trust Company, Fort … |
| Apr 23, 2010 Released May 7, 2010 | FRB | Bank of Commerce Holdings, Inc. | Written Agreement: Bank of Commerce Holdings, Inc., Sarasota, Florida |
| Apr 23, 2010 | OCC_OTS | Woodforest Bank | Civil Money Penalty: Woodforest Bank |
| Apr 22, 2010 Released Apr 29, 2010 | FRB | Coast Bancorp | Written Agreement: Coast Bancorp, San Luis Obispo, California |
| Apr 22, 2010 Released Apr 27, 2010 | FRB | Sun West Capital Corporation | Written Agreement: Sun West Capital Corporation, Las Vegas, Nevada |
| Apr 22, 2010 | OCC_OTS | Pamrapo Bancorp, Inc. | Orders of Removal/Prohibition: Diane Passero |
| Apr 22, 2010 | OCC | Herald National Bank | Formal Agreement: Herald National Bank |
| Apr 22, 2010 | OCC | Union National Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Union National Bank |
| Apr 21, 2010 | OCC | The First National Bank of Ordway | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): The First National Bank of Ordway |
| Apr 21, 2010 | OCC | Pikes Peak National Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Pikes Peak National Bank |
| Apr 20, 2010 | OCC | Incommons Bank, N.A. | Formal Agreement: Incommons Bank, National Association |
| Apr 19, 2010 | OCC | First National Bank of Crestview | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): First National Bank of Crestview |
| Apr 19, 2010 | OCC | City National Bank of Florida | Formal Agreement: City National Bank of Florida |
| Apr 19, 2010 Released Apr 22, 2010 | FRB | The Currituck Company of North Carolina | Written Agreement: The Bank of Currituck, Moyock, North Carolina |
| Apr 19, 2010 Released Apr 27, 2010 | FRB | Liberty Financial Group, Inc. | Written Agreement: Liberty Financial Group, Inc., Eugene, Oregon |
| Apr 19, 2010 Released Apr 26, 2010 | FRB | East Dubuque Bancshares, Inc. | Written Agreement: East Dubuque Bancshares, Inc., East Dubuque, Illinois and East Dubuque Savings Bank, … |
| Apr 19, 2010 Released Apr 22, 2010 | FRB | PB Financial Group, Inc. | Cease and Desist Order: PB Financial Group, Inc., Denver, Colorado and Premier Bank, Denver, … |
| Apr 16, 2010 Released May 3, 2010 | FRB | Paradise Bank | Written Agreement: Paradise Bank, Boca Raton, Florida |
| Apr 15, 2010 | OCC | Sun National Bank | Formal Agreement: Sun National Bank |
| Apr 15, 2010 | OCC | T Bank, N.A. | Formal Agreement: T Bank, National Association |