Calendar Year
2013 in US Banking
928 bank events are on record for 2013: 24 failures, 646 mergers or acquisitions involving a bank, credit union or bank holding company, and 258 enforcement actions.
24
Failures
$6.04B in failed assets
646
Mergers
Federal Reserve NIC, banking organizations
258
Enforcement
OCC, FDIC, FRB, OTS and SEC 8-K filings
Jump to: Bank failures 2013 · Bank mergers 2013
How many banks failed in 2013?
24 banks failed in 2013, with $6.04B in assets. Each failure below links to its own page.
| Date | Bank | Assets |
|---|---|---|
| Dec 13, 2013 | Texas Community Bank, N.A. | $159.3M |
| Oct 30, 2013 | Bank of Jackson County | $24.7M |
| Sep 13, 2013 | First National Bank | $3.09B |
| Sep 13, 2013 | The Community's Bank | $26.4M |
| Aug 23, 2013 | Community South Bank | $386.9M |
| Aug 23, 2013 | Sunrise Bank of Arizona | $202.2M |
| Aug 9, 2013 | Bank of Wausau | $43.6M |
| Aug 2, 2013 | First Community Bank of Southwest Florida | $247.3M |
| Jun 7, 2013 | Mountain National Bank | $437.3M |
| Jun 6, 2013 | 1st Commerce Bank | $20.2M |
| May 31, 2013 | Banks of Wisconsin | $134.0M |
| May 14, 2013 | Central Arizona Bank | $31.6M |
| May 10, 2013 | Sunrise Bank | $60.8M |
| May 10, 2013 | Pisgah Community Bank | $21.9M |
| Apr 26, 2013 | Douglas County Bank | $317.3M |
| Apr 26, 2013 | Parkway Bank | $109.6M |
| Apr 19, 2013 | Heritage Bank of North Florida | $104.0M |
| Apr 19, 2013 | First Federal Bank | $93.0M |
| Apr 19, 2013 | Chipola Community Bank | $37.5M |
| Apr 5, 2013 | Gold Canyon Bank | $42.1M |
| Mar 8, 2013 | Frontier Bank | $258.8M |
| Feb 15, 2013 | Covenant Bank | $58.4M |
| Jan 18, 2013 | 1st Regents Bank | $49.6M |
| Jan 11, 2013 | Westside Community Bank | $91.9M |
Which banks merged in 2013?
646 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 2013.
See the fuller list: Bank mergers 2013 with largest deals and credit union mergers ›
| Date | Acquired | Acquirer |
|---|---|---|
| Apr 1, 2013 | Lakeside Credit Union | Educators Credit Union |
| Apr 1, 2013 | Ladish Community Credit Union | Trustone Financial Credit Union |
| Apr 1, 2013 | Von Maur Employees Credit Union | The Family Credit Union |
| Apr 1, 2013 | Eaton County Educational Credit Union | Michigan State University Federal Credit Union |
| Apr 1, 2013 | Hawthorne Credit Union | Great Lakes Credit Union |
| Apr 1, 2013 | Park Midway Bank, National Association | Sunrise Banks, N.A. |
| Apr 1, 2013 | Horizon One Federal Credit Union | Financial Center First Credit Union |
| Apr 1, 2013 | Norfolk Federal Credit Union | Abnb Federal Credit Union |
| Apr 1, 2013 | Williams College Employees Federal Credit Union | Greylock Federal Credit Union |
| Apr 1, 2013 | The Lone Star State Bank | Community Bank |
| Apr 1, 2013 | I K I B E W Federal Credit Union | Hoosier United Credit Union |
| Apr 1, 2013 | Bethlehem Municipal Employees Federal Credit Union | Bethlehem 1st Federal Credit Union |
| Apr 1, 2013 | New Mexico Energy Federal Credit Union | Nusenda Federal Credit Union |
| Apr 1, 2013 | Peoria U S Employees Federal Credit Union | Cooperative Choice Network Credit Union |
| Apr 1, 2013 | Milford Federal Credit Union | General Electric Employees Federal Credit Union |
| Apr 1, 2013 | North Shore Manufacturers Federal Credit Union | Hanscom Federal Credit Union |
| Apr 1, 2013 | West Coast Bank | Columbia State Bank |
| Apr 1, 2013 | The East Carolina Bank | Vantagesouth Bank |
| Apr 1, 2013 | Norfolk County Employees Federal Credit Union | Dedham Town Employees Federal Credit Union |
| Apr 1, 2013 | Stevenson Federal Credit Union | Family Security Credit Union |
| Apr 1, 2013 | Sheet Metal Workers Local No. 312 Federal Credit Union | Operating Engineers Local Union #3 Federal Credit Union |
| Apr 1, 2013 | Worcester Postal Credit Union | Allcom Credit Union |
| Apr 1, 2013 | Electrical Workers Union #474 Ibew Federal Credit Union | Securcommunity Federal Credit Union |
| Apr 1, 2013 | B.T.A Federal Credit Union | Wit Federal Credit Union |
| Apr 1, 2013 | Lewiston Catholic Credit Union | Clearwater Credit Union |
| Apr 1, 2013 | Park Schools Credit Union | Expedition Credit Union |
| Apr 1, 2013 | El Paso Corporation Federal Credit Union | First Service Credit Union |
| Apr 1, 2013 | Farmers State Bank | First National Bank in Philip |
| Apr 1, 2013 | Altoona Va Hospital Federal Credit Union | G.A.P. Federal Credit Union |
| Apr 1, 2013 | Fidelity Bank | Red River Bank |
| Apr 1, 2013 | City Employees Credit Union | Tennessee Valley Federal Credit Union |
| Apr 1, 2013 | The First State Bank | Community Bank |
| Apr 1, 2013 | Centel Credit Union | Lafcu |
| Apr 1, 2013 | Con-Bra-Co Credit Union | Members Credit Union |
| Apr 1, 2013 | Wemelco Credit Union | Premier Source Credit Union |
| Apr 1, 2013 | Freedom Financial Federal Credit Union | Fire Police City County Federal Credit Union |
| Apr 1, 2013 | Franklin National Bank of Minneapolis | Sunrise Banks, N.A. |
| Apr 1, 2013 | New Salem Credit Union | Capital Credit Union |
| Apr 1, 2013 | Coppermark Bank | Prosperity Bank |
| Mar 31, 2013 | Wedenem Credit Union | Community Choice Credit Union |
| Mar 31, 2013 | Irish Air Lines Federal Credit Union | International Airlines Employees Federal Credit Union |
| Mar 31, 2013 | Southeastern Electric Employees Credit Union | Siu Credit Union |
| Mar 31, 2013 | Met Credit Union | Marine Credit Union |
| Mar 30, 2013 | Burgess & Niple Employees Credit Union, Inc. | Pathways Financial Credit Union, Inc. |
| Mar 30, 2013 | Reliance Bank, FSB | Reliance Bank |
| Mar 30, 2013 | Athena Credit Union | Ih Credit Union, Inc |
| Mar 30, 2013 | Sears Federal Credit Union | Leaders Credit Union |
| Mar 29, 2013 | (unnamed) | Arvest Bank |
| Mar 23, 2013 | Bank of Monticello | Bank CMG |
| Mar 23, 2013 | Sbi Acquisition Corporation | Happy Bancshares, Inc. |
The list holds 500 of the 646 mergers recorded for 2013.
Enforcement Actions in 2013
| Action date | Agency | Institution | Action |
|---|---|---|---|
| Apr 22, 2013 Released Apr 25, 2013 | FRB | Freedom Bancorporation, Inc. | Written Agreement: Freedom Bancorporation, Inc., Lindstrom, Minnesota |
| Apr 22, 2013 | OCC | Midwest Federal Savings and Loan Association of St Joseph | Formal Agreement: Midwest FS & LA of St Joseph |
| Apr 22, 2013 | OCC | First Insurance Group of the Midwest, Inc. | Civil Money Penalty (CMP): First Federal Bank of The Midwest |
| Apr 17, 2013 | FRB | Banco Industrial De Venezuela, C.A. | Section 19 Letters: Anthony Gomez |
| Apr 17, 2013 | OCC | Mid-Southern Savings Bank, F.S.B. | Formal Agreement: Mid-Southern Savings Bank, FSB |
| Apr 17, 2013 | FRB | Morgan Stanley | Section 19 Letters: Garth Peterson |
| Apr 16, 2013 Released May 15, 2018 | FRB | Oklahoma Capital Bank | Written Agreement: Oklahoma Capital Bank (formerly known as Freedom Bank of Oklahoma) |
| Apr 15, 2013 | OCC | Millennium Bank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Millennium Bank, National Association |
| Apr 15, 2013 | OCC | The First National Bank of Hartford | GLBA Agreement: The First National Bank of Hartford |
| Apr 12, 2013 Released Apr 18, 2013 | FRB | (individual) | Cease and Desist Order: Metropolitan Bank Group, Inc., Chicago, Illinois |
| Apr 11, 2013 | OCC | Bank of America, N.A. | Prohibition/Removal Orders: Pinard, Dean Z. |
| Apr 8, 2013 | OCC | The First National Bank of Niagara | Civil Money Penalty (CMP): Gunville, Robert |
| Apr 8, 2013 | OCC | The First National Bank of Niagara | Prohibition/Removal Orders: Gunville, Robert |
| Apr 8, 2013 | OCC | The First National Bank of Niagara | C&D or PC&D Requiring Restitution: Gunville, Robert |
| Apr 8, 2013 | OCC | The First National Bank of Niagara | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Gunville, Robert |
| Apr 3, 2013 | FRB | (individual) | Section 19 Letters: Niaheem Crandall |
| Apr 2, 2013 | FRB | The Bank of Nova Scotia | Section 19 Letters: Wendie Brown |
| Mar 25, 2013 Released Apr 4, 2013 | FRB | HSH Nordbank Ag | Written Agreement: HSH Nordbank AG, Hamburg, Germany and HSH Nordbank AG, New York Branch, … |
| Mar 21, 2013 Released Mar 26, 2013 | FRB | Citigroup Inc. | Cease and Desist Order: Citigroup, Inc., New York, New York |
| Mar 20, 2013 | OCC | Lincoln Federal Savings Bank of Nebraska | Civil Money Penalty (CMP): Lincoln FSB of Nebraska |
| Mar 18, 2013 | OCC | Community First Bank | C&D or PC&D Requiring Restitution: Community First Bank |
| Mar 18, 2013 | OCC | The First National Bank of Waverly | Civil Money Penalty (CMP): The First National Bank of Waverly |
| Mar 18, 2013 | OCC | Community First Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Community First Bank |
| Mar 15, 2013 | OCC | Amarillo National Bank | Civil Money Penalty (CMP): Amarillo National Bank |
| Mar 13, 2013 | OCC | Western Springs National Bank and Trust | Civil Money Penalty (CMP): Miceli, Jerry F. |
| Mar 13, 2013 | OCC | Western Springs National Bank and Trust | C&D or PC&D Requiring Restitution: Regas, James A. |
| Mar 13, 2013 Released Mar 19, 2013 | FRB | Devon Bancorp, Inc. | Written Agreement: Devon Bancorp, Inc., Chicago, Illinois |
| Mar 13, 2013 | OCC | Western Springs National Bank and Trust | Civil Money Penalty (CMP): Regas, James A. |
| Mar 13, 2013 | OCC | Western Springs National Bank and Trust | Prohibition/Removal Orders: Regas, James A. |
| Mar 13, 2013 | OCC | Western Springs National Bank and Trust | Prohibition/Removal Orders: Miceli, Jerry F. |
| Mar 7, 2013 | OCC | Hometown Bank of the Hudson Valley | Formal Agreement: Hometown Bank of The Hudson Valley |
| Mar 1, 2013 | FRB | RBC Bank (USA) | Section 19 Letters: Matthew Skinner |
| Feb 28, 2013 | OCC | Aurora Bank FSB | C&D or PC&D Requiring Restitution: Aurora Bank FSB |
| Feb 28, 2013 | FRB | First National Bank of East Grand Forks | Amendment to 4/13/2011 Order to Cease and Desist: U.S. BANCORPMinneapolis, Minnesota |
| Feb 28, 2013 | OCC | GN Bank | Formal Agreement: Illinois-Service FS & LA |
| Feb 28, 2013 | OCC | Wells Fargo Bank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Wells Fargo Bank, National Association |
| Feb 28, 2013 | OCC | U.S. Bank N.A. ND | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): U.S. Bank National Association ND |
| Feb 28, 2013 | OCC | U.S. Bank N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): U.S. Bank National Association |
| Feb 28, 2013 | OCC | Santander Bank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Sovereign Bank, National Association |
| Feb 28, 2013 | OCC | PNC Bank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): PNC Bank, National Association |
| Feb 28, 2013 | OCC | Metlife Bank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Metlife Bank, National Association |
| Feb 28, 2013 | OCC | JPMorgan Chase Bank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): JPMorgan Chase Bank, National Association |
| Feb 28, 2013 | OCC | HSBC Bank USA, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): HSBC Bank USA, National Association |
| Feb 28, 2013 | OCC | Citibank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Citibank, National Association |
| Feb 28, 2013 | OCC | Bank of America, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Bank of America, National Association |
| Feb 28, 2013 | OCC | Aurora Bank FSB | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Aurora Bank FSB |
| Feb 28, 2013 | OCC | Wells Fargo Bank, N.A. | C&D or PC&D Requiring Restitution: Wells Fargo Bank, National Association |
| Feb 28, 2013 | OCC | U.S. Bank N.A. ND | C&D or PC&D Requiring Restitution: U.S. Bank National Association ND |
| Feb 28, 2013 | OCC | U.S. Bank N.A. | C&D or PC&D Requiring Restitution: U.S. Bank National Association |
| Feb 28, 2013 | OCC | Santander Bank, N.A. | C&D or PC&D Requiring Restitution: Sovereign Bank, National Association |
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