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 |
|---|---|---|
| Apr 23, 2010 | AMCORE Bank, N.A. | $3.07B |
| Apr 23, 2010 | Broadway Bank | $1.06B |
| Apr 23, 2010 | New Century Bank | $447.2M |
| Apr 23, 2010 | Wheatland Bank | $441.7M |
| Apr 23, 2010 | Lincoln Park Savings Bank | $194.6M |
| Apr 23, 2010 | Peotone Bank and Trust Company | $130.2M |
| Apr 23, 2010 | Citizens Bank & Trust Company of Chicago | $73.5M |
| Apr 16, 2010 | Riverside National Bank of Florida | $3.39B |
| Apr 16, 2010 | City Bank | $981.9M |
| Apr 16, 2010 | Tamalpais Bank | $611.5M |
| Apr 16, 2010 | First Federal Bank of North Florida | $440.1M |
| Apr 16, 2010 | Innovative Bank | $266.8M |
| Apr 16, 2010 | Butler Bank | $245.5M |
| Apr 16, 2010 | Americanfirst Bank | $104.0M |
| Apr 16, 2010 | Lakeside Community Bank | $49.2M |
| Apr 9, 2010 | Beach First National Bank | $590.0M |
| Mar 26, 2010 | Desert Hills Bank | $496.6M |
| Mar 26, 2010 | McIntosh Commercial Bank | $363.4M |
| Mar 26, 2010 | Unity National Bank | $300.6M |
| Mar 26, 2010 | Key West Bank | $88.0M |
| Mar 19, 2010 | Advanta Bank Corp. | $1.53B |
| Mar 19, 2010 | Appalachian Community Bank | $1.01B |
| Mar 19, 2010 | Bank of Hiawassee | $377.8M |
| Mar 19, 2010 | First Lowndes Bank | $137.2M |
| Mar 19, 2010 | Century Security Bank | $96.5M |
| Mar 19, 2010 | American National Bank | $70.3M |
| Mar 19, 2010 | State Bank of Aurora | $28.2M |
| Mar 12, 2010 | The Park Avenue Bank | $520.1M |
| Mar 12, 2010 | Old Southern Bank | $336.4M |
| Mar 12, 2010 | Statewide Bank | $243.2M |
| Mar 11, 2010 | Libertypointe Bank | $216.5M |
| Mar 5, 2010 | Sun American Bank | $535.7M |
| Mar 5, 2010 | Centennial Bank | $212.8M |
| Mar 5, 2010 | Bank of Illinois | $211.7M |
| Mar 5, 2010 | Waterfield Bank | $155.6M |
| Feb 26, 2010 | Rainier Pacific Bank | $717.8M |
| Feb 26, 2010 | Carson River Community Bank | $51.1M |
| Feb 19, 2010 | La Jolla Bank, FSB | $3.65B |
| Feb 19, 2010 | George Washington Savings Bank | $413.7M |
| Feb 19, 2010 | Marco Community Bank | $119.6M |
| Feb 19, 2010 | The La Coste National Bank | $53.9M |
| Feb 5, 2010 | 1st American State Bank of Minnesota | $18.2M |
| Jan 29, 2010 | First Regional Bank | $2.08B |
| Jan 29, 2010 | Community Bank & Trust | $1.18B |
| Jan 29, 2010 | First National Bank of Georgia | $840.6M |
| Jan 29, 2010 | Florida Community Bank | $835.7M |
| Jan 29, 2010 | American Marine Bank | $329.2M |
| Jan 29, 2010 | Marshall Bank, N.A. | $58.6M |
| Jan 22, 2010 | Charter Bank | $1.20B |
| Jan 22, 2010 | Columbia River Bank | $955.1M |
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 |
|---|---|---|
| Jun 1, 2010 | Citizens First Bank | Synovus Bank |
| Jun 1, 2010 | United Community Credit Union | One Credit Union |
| Jun 1, 2010 | The National Bank of South Carolina | Synovus Bank |
| Jun 1, 2010 | United Savings Federal Credit Union | Self-Help Federal Credit Union |
| Jun 1, 2010 | Commercial Bank | Synovus Bank |
| Jun 1, 2010 | Coastal Bank and Trust of Florida | Synovus Bank |
| Jun 1, 2010 | Longs Peak Credit Union | Elevations Credit Union |
| Jun 1, 2010 | Community Bank and Trust of Southeast Alabama | Synovus Bank |
| Jun 1, 2010 | Texasone Community Credit Union | Primeway Federal Credit Union |
| Jun 1, 2010 | Signal Cement Workers Credit Union | Tennessee Valley Federal Credit Union |
| Jun 1, 2010 | The Coastal Bank of Georgia | Synovus Bank |
| Jun 1, 2010 | First Community Bank of Tifton | Synovus Bank |
| Jun 1, 2010 | Cohutta Banking Company | Synovus Bank |
| Jun 1, 2010 | Bryant Federal Credit Union | One Credit Union |
| Jun 1, 2010 | The First National Bank of Jasper | Synovus Bank |
| Jun 1, 2010 | Tallahassee State Bank | Synovus Bank |
| Jun 1, 2010 | Fort Worth Star Telegram Employees Federal Credit Union | EECU |
| Jun 1, 2010 | First Commercial Bank of Huntsville | Synovus Bank |
| Jun 1, 2010 | First State Bank and Trust Company of Valdosta | Synovus Bank |
| Jun 1, 2010 | CB&T Bank of East Alabama | Synovus Bank |
| Jun 1, 2010 | Secu Federal Credit Union | Numerica Credit Union |
| Jun 1, 2010 | First Commercial Bank | Synovus Bank |
| Jun 1, 2010 | CB&T Bank of Middle Georgia | Synovus Bank |
| Jun 1, 2010 | Citizens Credit Union | Lake Michigan Credit Union |
| Jun 1, 2010 | SB&T Bank | Synovus Bank |
| Jun 1, 2010 | Sea Island Bank | Synovus Bank |
| May 31, 2010 | Belger Employees Credit Union | Mazuma Credit Union |
| May 30, 2010 | Cam Federal Credit Union | America's Credit Union |
| May 29, 2010 | Carter County Federal Credit Union | Community 1st Federal Credit Union |
| May 22, 2010 | Credit Unions United | Azura Credit Union |
| May 18, 2010 | WTSB Delaware Bancorp, Inc. | WTSB Bancorp, Inc. |
| May 15, 2010 | Southern Bancorp Bank of Blytheville, National Association | Uplift Bank |
| May 15, 2010 | Mercedes Delaware Financial Corporation | TNB Bancshares, Inc. |
| May 15, 2010 | Mercedes Bancorp, Inc. | TNB Bancshares, Inc. |
| May 15, 2010 | Southern Bancorp Bank of Trumann | Uplift Bank |
| May 15, 2010 | Valley Bank | Frandsen Bank & Trust |
| May 13, 2010 | TBHC, Inc. | Cic Bancshares, Inc. |
| May 10, 2010 | Wells Fargo HSBC Trade Bank, N.A. | Wells Fargo Bank, N.A. |
| May 8, 2010 | Lawrenceburg Bank and Trust Company | United Bank & Capital Trust Company |
| May 8, 2010 | BankHaven | The First National Bank of Hutchinson |
| May 8, 2010 | The Black Earth State Bank | Lake Ridge Bank |
| May 3, 2010 | FLNB Shares, Inc. | First Liberty National Bancshares, Inc. |
| May 3, 2010 | Hot Springs Federal Federal Credit Union | Clearway Federal Credit Union |
| May 1, 2010 | Coca-Cola United Federal Credit Union | Avadian Credit Union |
| May 1, 2010 | VisionBank of Iowa | Visionbank of Iowa |
| May 1, 2010 | Prime Bank | Florida Bank of Commerce |
| May 1, 2010 | Napa Community Bank | Rabobank, N.A. |
| May 1, 2010 | O.A.K. Financial Corporation | TCF Financial Corporation |
| May 1, 2010 | Bethel GT Federal Credit Union | People's Alliance Federal Credit Union |
| May 1, 2010 | Carolina Family Federal Credit Union | Self-Help Credit Union |
The list holds 500 of the 502 mergers recorded for 2010.
Enforcement Actions in 2010
| Action date | Agency | Institution | Action |
|---|---|---|---|
| Aug 27, 2010 | OCC | First Chester County Corporation | Formal Agreement: First National Bank of Chester County |
| Aug 27, 2010 | OCC_OTS | First Federal Savings and Loan Association of Wakeeney | Orders of Removal/Prohibition: Donald E. Mai, Jr. |
| Aug 27, 2010 Released Sep 2, 2010 | FRB | Oregon Community Bank & Trust | Written Agreement: Oregon Community Bank & Trust, Oregon, Wisconsin |
| Aug 27, 2010 Released Sep 2, 2010 | FRB | Osceola Bancorporation, Inc. | Written Agreement: Osceola Bancorporation, Inc., Osceola, Wisconsin |
| Aug 26, 2010 | OCC | (individual) | Formal Agreement: Nevada National Bank |
| Aug 26, 2010 Released Sep 2, 2010 | FRB | First National Bancorporation of Stoughton, Inc. | Written Agreement: First National Bancorporation of Stoughton, Inc., Stoughton, Wisconsin |
| Aug 26, 2010 | FRB | (individual) | Prohibition from Banking: James Buckley Saunders |
| Aug 26, 2010 Released Aug 31, 2010 | FRB | (individual) | Prompt Corrective Action: First Community Bank, Taos, New Mexico |
| Aug 26, 2010 | OCC | Ozark Heritage Bank N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Ozark Heritage Bank, National Association |
| Aug 26, 2010 Released Aug 30, 2010 | FRB | (individual) | Prompt Corrective Action: Sunrise Bank, Cocoa Beach, Florida |
| Aug 25, 2010 | OCC_OTS | Gibraltar Bank | Civil Money Penalty: Gibraltar Bank |
| Aug 25, 2010 | OCC_OTS | Gibraltar Bank | Supervisory Agreement: Gibraltar Bank |
| Aug 24, 2010 | OCC | American Bank, N.A. | Civil Money Penalty (CMP): Magnuson, Richard E. |
| Aug 24, 2010 | OCC_OTS | First Federal Savings and Loan Association of Kewanee | Supervisory Agreement: First Federal Savings and Loan Association of Kewanee |
| Aug 24, 2010 | OCC | American Bank, N.A. | Prohibition/Removal Orders: Magnuson, Richard E. |
| Aug 24, 2010 | OCC | First Federal Savings and Loan Association of Kewanee | Formal Agreement: First FS & LA of Kewanee |
| Aug 24, 2010 | OCC | (individual) | Formal Agreement: First National Bank |
| Aug 20, 2010 Released Nov 7, 2013 | FRB | Highland Bancshares, Inc. | Written Agreement: Highland Bancshares, Inc., St. Michael, Minnesota |
| Aug 20, 2010 Released May 7, 2019 | FRB | (individual) | Written Agreement: First American Bancorp, Greenwood Village, Colorado |
| Aug 20, 2010 | OCC | American National Bank of Minnesota | Formal Agreement: American National Bank of Minnesota |
| Aug 20, 2010 | OCC_OTS | 1st Commonwealth Bank of Virginia | Supervisory Agreement: 1st Commonwealth Bank of Virginia |
| Aug 20, 2010 Released Aug 31, 2010 | FRB | First American State Bank | Written Agreement: First American State Bank, Greenwood Village, Colorado |
| Aug 19, 2010 Released Aug 26, 2010 | FRB | Csra Bank Corp. | Written Agreement: CSRA Bank Corp., Wrens, Georgia |
| Aug 19, 2010 Released Aug 30, 2010 | FRB | (individual) | Written Agreement: UCB Financial Group, Inc., Atlanta, Georgia |
| Aug 18, 2010 | OCC_OTS | (individual) | Prompt Corrective Action: Security Savings Bank, FSB |
| Aug 16, 2010 Released Aug 26, 2010 | FRB | First Bancshares, Inc., of Cold Spring | Written Agreement: First Bancshares, Inc., of Cold Spring, Cold Spring, Minnesota |
| Aug 16, 2010 Released May 15, 2018 | FRB | Barclays Bank PLC | Cease and Desist Order: Barclays Bank PLC, London, England; Barclays Bank PLC New York … |
| Aug 16, 2010 | FRB | (individual) | Section 19 Letters: Tinisha Shanet Snowden |
| Aug 16, 2010 | OCC | (individual) | Formal Agreement: The Peoples National Bank |
| Aug 13, 2010 | OCC_OTS | Fidelity Federal Bancorp | Supervisory Agreement: Fidelity Federal Bancorp |
| Aug 13, 2010 Released Aug 17, 2010 | FRB | Texas Star Bank | Civil Money Penalty, $3,850.00: Texas Star Bank, Van Alstyne, Texas |
| Aug 13, 2010 | OCC | First National Bank USA | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): First National Bank USA |
| Aug 13, 2010 | OCC | Pna Parent, Inc. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): PNA Bank |
| Aug 13, 2010 | OCC | United Fidelity Bank, FSB | Formal Agreement: United Fidelity Bank, F.S.B. |
| Aug 13, 2010 | OCC_OTS | PNA Bank | Cease and Desist: PNA Bank |
| Aug 13, 2010 | OCC_OTS | Pedcor Financial Bancorp | Supervisory Agreement: Pedcor Financial Bancorp |
| Aug 13, 2010 | OCC_OTS | Pedcor Financial, LLC | Supervisory Agreement: Pedcor Financial, LLC |
| Aug 13, 2010 | OCC_OTS | United Fidelity Bank, FSB | Supervisory Agreement: United Fidelity Bank, F.S.B. |
| Aug 12, 2010 | OCC | Integra Bank N.A. | Capital Directive: Integra Bank National Association |
| Aug 12, 2010 | OCC | Texas Heritage National Bank | Formal Agreement: Texas Heritage National Bank |
| Aug 12, 2010 | OCC_OTS | Bank of St. Augustine | Civil Money Penalty: Bank of St. Augustine |
| Aug 11, 2010 Released Aug 16, 2010 | FRB | First Banking Center | Prompt Corrective Action: First Banking Center, Burlington, Wisconsin |
| Aug 11, 2010 | OCC_OTS | Ridge Farm State Bank | Orders of Removal/Prohibition: Richard Herrera |
| Aug 10, 2010 | OCC | The Slocomb National Bank | Formal Agreement: The Slocomb National Bank |
| Aug 9, 2010 | OCC_OTS | Home Savings Bank | Supervisory Agreement: Home Savings Bank |
| Aug 9, 2010 Released Aug 16, 2010 | FRB | Madison Financial Corporation | Written Agreement: Madison Financial Corporation, Richmond, Kentucky; Madison Bank, Richmond, Kentucky |
| Aug 9, 2010 Released Aug 12, 2010 | FRB | (individual) | Prompt Corrective Action: Paramount Bank, Farmington Hills, Michigan |
| Aug 9, 2010 Released Aug 19, 2010 | FRB | Battle Creek State Company, Inc. | Written Agreement: Battle Creek State Company, Inc., Battle Creek, Nebraska; Battle Creek State Bank, … |
| Aug 9, 2010 | OCC | Home Savings Bank | Formal Agreement: Home Savings Bank |
| Aug 6, 2010 | OCC_OTS | American Express Bank, FSB | Termination of Cease and Desist: American Express Bank, FSB |