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 |
|---|---|---|
| Dec 17, 2010 | The Bank of Miami | $448.1M |
| Dec 17, 2010 | Chestatee State Bank | $244.4M |
| Dec 17, 2010 | United Americas Bank | $242.3M |
| Dec 17, 2010 | First Southern Bank | $191.8M |
| Dec 17, 2010 | Appalacian Community Bank, F.S.B. | $68.2M |
| Dec 17, 2010 | Community National Bank | $31.6M |
| Dec 10, 2010 | Paramount Bank | $252.7M |
| Dec 10, 2010 | Earthstar Bank | $112.6M |
| Nov 19, 2010 | First Banking Center | $750.7M |
| Nov 19, 2010 | Gulf State Community Bank | $112.1M |
| Nov 19, 2010 | Allegiance Bank of North America | $106.6M |
| Nov 12, 2010 | Darby Bank & Trust Company | $654.7M |
| Nov 12, 2010 | Copper Star Bank | $204.0M |
| Nov 12, 2010 | Tifton Banking Company | $143.7M |
| Nov 5, 2010 | K Bank | $538.3M |
| Nov 5, 2010 | Pierce Commercial Bank | $221.1M |
| Nov 5, 2010 | Western Commercial Bank | $98.6M |
| Nov 5, 2010 | First Vietnamese American Bank | $48.0M |
| Oct 22, 2010 | Hillcrest Bank | $1.58B |
| Oct 22, 2010 | First Arizona Savings, a FSB | $255.9M |
| Oct 22, 2010 | First Suburban National Bank | $143.5M |
| Oct 22, 2010 | The First National Bank of Barnesville | $126.6M |
| Oct 22, 2010 | Progress Bank of Florida | $94.8M |
| Oct 22, 2010 | First Bank of Jacksonville | $73.9M |
| Oct 22, 2010 | The Gordon Bank | $29.3M |
| Oct 15, 2010 | Premier Bank | $989.4M |
| Oct 15, 2010 | Security Savings Bank, F.S.B. | $453.3M |
| Oct 15, 2010 | Westbridge Bank and Trust Company | $87.8M |
| Oct 1, 2010 | Wakulla Bank | $402.2M |
| Oct 1, 2010 | Shoreline Bank | $93.0M |
| Sep 24, 2010 | North County Bank | $288.8M |
| Sep 24, 2010 | Haven Trust Bank Florida | $148.6M |
| Sep 17, 2010 | The Peoples Bank | $447.2M |
| Sep 17, 2010 | Maritime Savings Bank | $350.5M |
| Sep 17, 2010 | First Commerce Community Bank | $248.2M |
| Sep 17, 2010 | The Bank of Ellijay | $168.8M |
| Sep 17, 2010 | Isn Bank | $81.6M |
| Sep 17, 2010 | Bramble Savings Bank | $47.5M |
| Sep 10, 2010 | Horizon Bank | $187.8M |
| Aug 20, 2010 | Shorebank | $2.17B |
| Aug 20, 2010 | Los Padres Bank | $866.5M |
| Aug 20, 2010 | Butte Community Bank | $498.8M |
| Aug 20, 2010 | Sonoma Valley Bank | $337.1M |
| Aug 20, 2010 | Pacific State Bank | $312.1M |
| Aug 20, 2010 | Independent National Bank | $156.2M |
| Aug 20, 2010 | Community National Bank at Bartow | $67.9M |
| Aug 20, 2010 | Imperial Savings and Loan Association | $9.4M |
| Aug 13, 2010 | Palos Bank and Trust Company | $493.4M |
| Aug 6, 2010 | Ravenswood Bank | $264.6M |
| Jul 30, 2010 | Libertybank | $714.6M |
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 |
|---|---|---|
| Sep 1, 2010 | Prairie Trail Credit Union | Abri Credit Union |
| Sep 1, 2010 | First State Bank | Citizens & Northern Bank |
| Sep 1, 2010 | U.S. Benefits, Inc. | Arrow Bank N.A. |
| Sep 1, 2010 | Table Rock Federal Credit Union | Service 1 Federal Credit Union |
| Sep 1, 2010 | Community State Bancshares, Inc. | Allcorp Inc |
| Sep 1, 2010 | Hum Federal Credit Union | Democracy Federal Credit Union |
| Sep 1, 2010 | Otsego Paperworkers Credit Union | Honor Credit Union dba Honor Investment Services |
| Sep 1, 2010 | 1st Northwest Federal Credit Union | First Northern Credit Union |
| Sep 1, 2010 | City-County Federal Credit Union | Wings Financial Credit Union |
| Aug 31, 2010 | Isb Delaware Holdings, Inc. | Isb Holdings, Inc. |
| Aug 31, 2010 | First State Federal Credit Union | American Spirit Federal Credit Union |
| Aug 30, 2010 | MC Bancshares of Delaware, Inc. | Metrocorp Bancshares, Inc. |
| Aug 26, 2010 | Central Bancshares, Inc. | Central Bancorp, Inc. |
| Aug 21, 2010 | Wells Fargo Education Finance Inc. | Wells Fargo Bank, N.A. |
| Aug 20, 2010 | Community Trust Bank of Texas | Origin Bank |
| Aug 14, 2010 | TSB Financial, Inc. | Hometown Community Bancorp, Inc. |
| Aug 14, 2010 | Tremont Savings Bank | Morton Community Bank |
| Aug 13, 2010 | Home State Bank | Bank of Commerce |
| Aug 9, 2010 | Transatlantic Bank | Sabadell United Bank, National Association |
| Aug 3, 2010 | Golf Savings Bank | Sterling Savings Bank |
| Aug 2, 2010 | Best of Iowa Community Credit Union | Greenstate Credit Union |
| Aug 1, 2010 | Renton Community Credit Union | Peak Credit Union |
| Aug 1, 2010 | Highgrove Community Federal Credit Union | Wings Financial Credit Union |
| Aug 1, 2010 | V-R Employees Credit Association Federal Credit Union | Bragg Mutual Federal Credit Union |
| Aug 1, 2010 | Postal Credit Union of Northern California | F3 Credit Union |
| Aug 1, 2010 | Holy Infant Credit Union | Gateway Metro Federal Credit Union |
| Aug 1, 2010 | Porter-Cable Employees Credit Union | Leaders Credit Union |
| Aug 1, 2010 | Dekalb Financial Credit Union | Beacon Credit Union |
| Aug 1, 2010 | A-K Valley Federal Credit Union | Clearview Federal Credit Union |
| Jul 31, 2010 | Sunrise Bank of Atlanta | Sunrise Bank |
| Jul 31, 2010 | Drexel & Morgan & Co. Ia | Drexel Morgan & Co. |
| Jul 31, 2010 | Town Center Bank | Independent Bank |
| Jul 31, 2010 | Dings Employees Credit Union | Summit Credit Union |
| Jul 31, 2010 | Central Ohio Teamsters Credit Union, Inc. | Ohio Teamsters Credit Union, Inc. |
| Jul 31, 2010 | Peoples State Bank | Sunrise Bank |
| Jul 31, 2010 | F C Holdings of Delaware, Inc. | F C Holdings, Inc. |
| Jul 24, 2010 | Byron Bank | Chemical Bank |
| Jul 24, 2010 | Bank of Dwight | Bank of Pontiac |
| Jul 21, 2010 | Hanchett Employees Credit Union | Wmcu |
| Jul 17, 2010 | Sterling Banks Inc | Roma Financial Corporation |
| Jul 17, 2010 | Sterling Bank | Roma Bank |
| Jul 17, 2010 | The Hoisington National Bank | Wilson State Bank |
| Jul 16, 2010 | Fairfield University Employees Federal Credit Union | America's First Network Credit Union |
| Jul 15, 2010 | Calibre Advisory Services, Inc. | Wells Fargo Bank, N.A. |
| Jul 7, 2010 | Pamrapo Bancorp, Inc. | BCB Bancorp, Inc. |
| Jul 7, 2010 | Pamrapo Savings Bank, SLA | BCB Community Bank |
| Jul 6, 2010 | Bank of Willits | Savings Bank of Mendocino County |
| Jul 2, 2010 | Columbus-Lowndes Educational Federal Credit Union | Triangle Federal Credit Union |
| Jul 1, 2010 | Trust One Bank | Synovus Bank |
| Jul 1, 2010 | Newcomer Employees Federal Credit Union | Derry Area Federal 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 |