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 |
|---|---|---|
| Jul 1, 2013 | Visalia Community Bank | Community West Bank |
| Jul 1, 2013 | Summitone Federal Credit Union | Wasatch Peaks Federal Credit Union |
| Jul 1, 2013 | Mpo Federal Credit Union | Heritage Financial Federal Credit Union |
| Jul 1, 2013 | Home State Bank & Trust Co. of McPherson, Kansas | The Citizens State Bank |
| Jul 1, 2013 | N M P Northern Area Federal Credit Union | Great Meadow Federal Credit Union |
| Jul 1, 2013 | Petrowax Federal Credit Union | P C Federal Credit Union |
| Jul 1, 2013 | Midwest Credit Union | Sheboygan Area Credit Union |
| Jul 1, 2013 | Dr Pepper Employee Federal Credit Union | Intouch Credit Union |
| Jul 1, 2013 | Enterprise Bancorp, Inc. | 1st United Bancorp, Inc. |
| Jul 1, 2013 | The Private Bank of California | The Private Bank of California |
| Jul 1, 2013 | Heritage Bancshares, Inc. | Southern Bancshares (N.C.), Inc. |
| Jul 1, 2013 | First Federal Savings Bank of Creston | PCSB Bank |
| Jul 1, 2013 | Enterprise Bank of Florida | 1st United Bank |
| Jul 1, 2013 | Dairy-Pak Athens Credit Union | First Reliance Federal Credit Union |
| Jul 1, 2013 | Scott Schools Credit Union | Ascentra Credit Union |
| Jul 1, 2013 | Bradley Bancorp | Colbank Bancorp |
| Jul 1, 2013 | Public Service Credit Union | Marinette County Employees Credit Union |
| Jul 1, 2013 | Goodyear-Danville Family Credit Union | Beacon Credit Union Incorporated |
| Jul 1, 2013 | Startrust Federal Credit Union | Investex Credit Union |
| Jul 1, 2013 | Limits Depot Federal Credit Union | National Police Federal Credit Union |
| Jun 30, 2013 | Cwa Long Island Federal Credit Union | Island Federal Credit Union |
| Jun 29, 2013 | The Farmers National Bank of Cynthiana | Farmers Deposit Bank |
| Jun 29, 2013 | Oswego Community Bank | Byline Bank |
| Jun 29, 2013 | Mail Pouch Federal Credit Union | First Choice America Community Federal Credit Union |
| Jun 29, 2013 | Archer Bank | Byline Bank |
| Jun 29, 2013 | Metrobank | Byline Bank |
| Jun 29, 2013 | Wyse Federal Credit Union | Friendly Federal Credit Union |
| Jun 29, 2013 | Plaza Bank, Norridge, Illinois | Byline Bank |
| Jun 29, 2013 | U. S. Bancorp | Union Savings Bank |
| Jun 28, 2013 | First Graham Delaware Corporation | First Graham Bancorp, Inc. |
| Jun 26, 2013 | San Diego Trust Bank | Pacific Premier Bank, National Association |
| Jun 25, 2013 | Saks Fifth Avenue Enterprises Federal Credit Union | L'Oreal USA Federal Credit Union |
| Jun 25, 2013 | Cataract City Federal Credit Union | Rediform Niagara Falls NY Federal Credit Union |
| Jun 22, 2013 | Town & Country Bank Midwest | Town and Country Bank Midwest |
| Jun 22, 2013 | Napoleon Bank | Preferred Bank |
| Jun 22, 2013 | Town & Country Bank of Missouri | Town and Country Bank Midwest |
| Jun 22, 2013 | The Bank of Southern Connecticut | Liberty Bank |
| Jun 22, 2013 | Lincoln State Bank, S.B. | First State Bank |
| Jun 22, 2013 | Bank of Tucson | Grandpoint Bank |
| Jun 21, 2013 | Healthone Federal Credit Union | Partner Colorado Credit Union |
| Jun 20, 2013 | Prime Time Investments Group, LLC | FarmBank Holding, Inc. |
| Jun 20, 2013 | Central Valley Bank | Heritage Bank |
| Jun 17, 2013 | Nevada National Bank | Southwestern National Bank |
| Jun 17, 2013 | Nevada National Bank | Cathay Bank |
| Jun 15, 2013 | Core Business Bank | Puget Sound Bank |
| Jun 14, 2013 | The First State Bank | Security State Bank of Oklahoma |
| Jun 8, 2013 | Community State Bank | Farmers and Merchants Bank of Kendall |
| Jun 8, 2013 | Bank of Granite Corporation | Communityone Bancorp |
| Jun 8, 2013 | Bank of Granite | Communityone Bank, National Association |
| Jun 8, 2013 | Community of Healthcare Employees Credit Union | Patriot Federal Credit Union |
The list holds 500 of the 646 mergers recorded for 2013.
Enforcement Actions in 2013
| Action date | Agency | Institution | Action |
|---|---|---|---|
| Dec 19, 2013 | OCC | National Bank of Ohio | Civil Money Penalty (CMP): National Bank of Ohio |
| Dec 19, 2013 | OCC | American Express Bank, FSB | Civil Money Penalty (CMP): American Express Bank, FSB |
| Dec 19, 2013 | OCC | American Express Bank, FSB | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): American Express Bank, FSB |
| Dec 19, 2013 | OCC | American Express Bank, FSB | C&D or PC&D Requiring Restitution: American Express Bank, FSB |
| Dec 17, 2013 | OCC | Los Alamos National Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Los Alamos National Bank |
| Dec 17, 2013 | OCC | Trustmark National Bank | Prohibition/Removal Orders: Davis, Mary R. |
| Dec 12, 2013 | OCC | Mutual of Omaha Bank | Civil Money Penalty (CMP): Mutual of Omaha Bank |
| Dec 12, 2013 | OCC | The First National Bank of Layton | Formal Agreement: The First National Bank of Layton |
| Dec 12, 2013 | FRB | First Midwest Bank | Section 19 Letters: Laquita S. Wiggins |
| Dec 11, 2013 | FRB | The Royal Bank of Scotland Group PLC | Civil Money Penalty, $50,000,000: THE ROYAL BANK OF SCOTLAND GROUP PLC, Edinburgh, Scotland THE … |
| Dec 11, 2013 | FRB | The Royal Bank of Scotland Group PLC | Cease and Desist Order: THE ROYAL BANK OF SCOTLAND GROUP PLC Edinburgh, Scotland THE … |
| Dec 10, 2013 | OCC | First Federal Bank | Civil Money Penalty (CMP): First Federal Bank |
| Dec 9, 2013 | OCC | Jack Henry & Associates, Inc | Formal Agreement: Jack Henry & Associates |
| Dec 5, 2013 | OCC | (individual) | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): BSERV, INC. |
| Dec 5, 2013 | OCC | Rabobank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Rabobank, National Association |
| Dec 5, 2013 | OCC | Fundtech Corporation | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Fundtech Corporation |
| Dec 4, 2013 | OCC | Colombo Bancshares, Inc. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Colombo Bank |
| Dec 4, 2013 Released Mar 11, 2014 | FRB | Jack Henry & Associates, Inc | Written Agreement: Jack Henry & Associates, Inc., Monett, Missouri |
| Dec 3, 2013 | OCC | Great Plains National Bank | Civil Money Penalty (CMP): Great Plains National Bank |
| Dec 3, 2013 Released Dec 12, 2013 | FRB | Farmers and Miners Bank | Civil Money Penalty, $4,155: Farmers & Miners Bank, Pennington Gap, Virginia |
| Nov 26, 2013 | FRB | Bank of the Commonwealth | Section 19 Letters: Jeremy C. Churchill |
| Nov 22, 2013 | FRB | Suntrust Bank | Section 19 Letters: Irene Quansah |
| Nov 21, 2013 | OCC | Landmark Community Bank, National Association | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Landmark Community Bank, National Association |
| Nov 20, 2013 | OCC | First Place Financial Corp. | Prohibition/Removal Orders: Diamond, Jaime J. |
| Nov 20, 2013 | OCC | First Place Financial Corp. | Civil Money Penalty (CMP): Diamond, Eric C. |
| Nov 20, 2013 | OCC | First Place Financial Corp. | Prohibition/Removal Orders: Diamond, Eric C. |
| Nov 20, 2013 Released Nov 21, 2013 | FRB | Midland States Bank | Civil Money Penalty, $5,645: Midland States Bank, Effingham, Illinois |
| Nov 20, 2013 | OCC | First Place Financial Corp. | Civil Money Penalty (CMP): Diamond, Jaime J. |
| Nov 18, 2013 Released Nov 21, 2013 | FRB | Maquoketa State Bank | Civil Money Penalty, $3,990: Maquoketa State Bank, Maquoketa, Iowa |
| Nov 15, 2013 | OCC | (individual) | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Liberty FSB |
| Nov 14, 2013 | OCC | BMO Bank N.A. | GLBA Agreement: Bmo Harris Bank National Association |
| Nov 14, 2013 | FRB | HSBC Bank PLC | Section 19 Letters: Maridee Batibot |
| Nov 12, 2013 | OCC | Noble Bancshares, Inc. | Prohibition/Removal Orders: Findley, Stephen D. |
| Nov 12, 2013 Released Nov 14, 2013 | FRB | North Milwaukee Bancshares, Inc. | Written Agreement: North Milwaukee Bancshares, Inc., Milwaukee, Wisconsin |
| Nov 12, 2013 | OCC | First National Bank PLC | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Carlos, Carol |
| Nov 11, 2013 | FRB | Suntrust Bank | Section 19 Letters: Shenika Taylor |
| Nov 11, 2013 | FRB | Compass Bank | Section 19 Letters: Priscilla Delarosa |
| Nov 11, 2013 | FRB | Suntrust Bank | Section 19 Letters: Paula Denise Miller |
| Nov 11, 2013 | FRB | Regions Bank | Section 19 Letters: Lynette Ann Bowls |
| Nov 11, 2013 | FRB | Suntrust Bank | Section 19 Letters: Kevin Stewart |
| Nov 11, 2013 | FRB | Suntrust Bank | Section 19 Letters: Crystal Wood |
| Nov 8, 2013 | OCC | National Bank of Earlville | Civil Money Penalty (CMP): McConville, Edward J. |
| Oct 31, 2013 | OCC | First National Bank in Howell | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): First National Bank in Howell |
| Oct 30, 2013 | OCC | Broadway Financial Corporation | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Broadway Federal Bank, F.S.B. |
| Oct 28, 2013 | FRB | (individual) | Section 19 Letters: Dennis Lerner |
| Oct 28, 2013 Released Oct 31, 2013 | FRB | (individual) | Written Agreement: United Bank Limited, Karachi, Pakistan, and United Bank Limited New York Branch, … |
| Oct 24, 2013 | OCC | Fsgbank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Wells, James Alan |
| Oct 24, 2013 | OCC | Fsgbank, N.A. | Civil Money Penalty (CMP): Wells, James Alan |
| Oct 16, 2013 Released Oct 17, 2013 | FRB | (individual) | Cease and Desist Order: Commerzbank AG, Frankfurt am Main, Germany and Commerzbank AG New … |
| Oct 16, 2013 | FRB | EverBank, N.A. | Amendment to 4/13/2011 Office of Thrift Supervision Order to Cease and Desist: Everbank and … |
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