Skip to main content

Calendar Year

2014 in US Banking

927 bank events are on record for 2014: 18 failures, 704 mergers or acquisitions involving a bank, credit union or bank holding company, and 205 enforcement actions.

18
Failures
$2.91B in failed assets
704
Mergers
Federal Reserve NIC, banking organizations
205
Enforcement
OCC, FDIC, FRB, OTS and SEC 8-K filings

Jump to: Bank failures 2014 · Bank mergers 2014

How many banks failed in 2014?

18 banks failed in 2014, with $2.91B in assets. Each failure below links to its own page.

Date Bank HQ Assets Acquirer or resolution
Dec 19, 2014 Northern Star Bank Mankato, MN $18.8M Bankvista
Nov 7, 2014 Frontier Bank, FSB Palm Desert, CA $80.7M Bank of Southern California, N.A.
Oct 24, 2014 The National Republic Bank of Chicago Chicago, IL $843.1M State Bank of Texas
Oct 17, 2014 NBRS Financial Bank Rising Sun, MD $155.4M Howard Bank
Jul 25, 2014 Greenchoice Bank, FSB Chicago, IL $70.3M Providence Bank, LLC
Jul 18, 2014 Eastside Commercial Bank Conyers, GA $173.9M Community & Southern Bank
Jun 27, 2014 The Freedom State Bank Freedom, OK $22.8M Alva State Bank & Trust Company
Jun 20, 2014 Valley Bank Moline, IL $456.4M Great Southern Bank
Jun 20, 2014 Valley Bank Fort Lauderdale, FL $81.8M Landmark Bank, N.A.
May 30, 2014 Slavie Federal Savings Bank Bel Air, MD $140.1M Bay Bank, FSB
May 23, 2014 Columbia Savings Bank Cincinnati, OH $36.5M United Fidelity Bank, FSB
May 16, 2014 Aztecamerica Bank Berwyn, IL $66.3M Republic Bank of Chicago
Apr 25, 2014 Allendale County Bank Fairfax, SC $49.5M Palmetto State Bank
Feb 28, 2014 Millennium Bank, N.A. Sterling, VA $130.3M Washingtonfirst Bank
Feb 28, 2014 Vantage Point Bank Horsham, PA $63.5M First Choice Bank
Jan 31, 2014 Syringa Bank Boise, ID $153.4M Sunwest Bank
Jan 24, 2014 The Bank of Union El Reno, OK $317.2M BancFirst
Jan 17, 2014 Dupage National Bank West Chicago, IL $53.5M Republic Bank of Chicago

Which banks merged in 2014?

704 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 2014.

See the fuller list: Bank mergers 2014 with largest deals and credit union mergers ›

Date Acquired St Acquirer
Nov 15, 2014 Atlantic Greyhound Federal Credit Union WV Star USA Federal Credit Union
Nov 15, 2014 First Bank TX First Bank & Trust
Nov 15, 2014 Community Bank TX Northstar Bank
Nov 15, 2014 The Citizens Bank of Ashville, Ohio OH Vinton County National Bank
Nov 15, 2014 Bank of Jena LA CLB the Community Bank
Nov 15, 2014 Virginia Company Bank VA Evb
Nov 15, 2014 Santa Clara Valley Bank, National Association CA Bank of the Sierra
Nov 15, 2014 Ohio State Bancshares, Inc. OH United Bancshares, Inc.
Nov 8, 2014 Pierce Federal Credit Union PA Mountain Laurel Federal Credit Union
Nov 8, 2014 AmBank NM First American Bank
Nov 8, 2014 Community Bancshares, Inc. IN First Merchants Corporation
Nov 8, 2014 Community Bank IN First Merchants Bank
Nov 7, 2014 United Central Bancshares, Inc. KY South Central Bancshares of Kentucky, Inc.
Nov 6, 2014 Chisholm Bancshares, Inc. TX Red River Bancorp, Inc.
Nov 5, 2014 Holy Comforter-Saint Cyprian's Federal Credit Union DC Agriculture Federal Credit Union
Nov 4, 2014 Sum Financial Corporation GA WB&T Bankshares, Inc.
Nov 1, 2014 Smpe Federal Credit Union LA Meritus Federal Credit Union
Nov 1, 2014 Aslin Group, Inc. KS First Business Financial Services, Inc.
Nov 1, 2014 Northwestern Bancorp MI TCF Financial Corporation
Nov 1, 2014 LSB Financial Corp. IN Old National Bancorp
Nov 1, 2014 Fedfirst Financial Corporation PA CB Financial Services, Inc.
Nov 1, 2014 CPB Bancshares, Inc. LA Saint Martin Bancshares, Inc.
Nov 1, 2014 Virginia Heritage Bank VA EagleBank
Nov 1, 2014 Woori Finance Holdings Co., Ltd. — Woori Bank
Nov 1, 2014 1st United Bank FL Valley National Bank
Nov 1, 2014 1st United Bancorp, Inc. FL Valley National Bancorp
Nov 1, 2014 Intermountain Community Bancorp ID Columbia Banking System, Inc.
Nov 1, 2014 Ameritas Employees Credit Union NE Membersown Credit Union
Nov 1, 2014 Kent Bank IL Solutions Bank
Nov 1, 2014 Flossmoor Credit Union IL Great Lakes Credit Union
Nov 1, 2014 First Federal Savings Bank PA Community Bank
Nov 1, 2014 Omaha Burlington Employees Credit Union NE U.P. Connection Federal Credit Union
Nov 1, 2014 Kennametal Employees Federal Credit Union PA Clearview Federal Credit Union
Nov 1, 2014 Guardian Federal Credit Union VA Abnb Federal Credit Union
Nov 1, 2014 Northwestern Bank MI Chemical Bank
Nov 1, 2014 Darigold Federal Credit Union WA Sound Credit Union
Nov 1, 2014 Aloha Federal Credit Union HI Hawaiiusa Federal Credit Union
Nov 1, 2014 Church Point Bank and Trust Company LA St. Martin Bank and Trust Company
Nov 1, 2014 Augusta Seaboard Community Federal Credit Union GA Augusta Metro Federal Credit Union
Nov 1, 2014 Agc Credit Union TN Horizon Credit Union
Nov 1, 2014 Affinia Federal Credit Union OH Heartland Federal Credit Union
Nov 1, 2014 McCracken County Teachers Federal Credit Union KY Signet Federal Credit Union
Nov 1, 2014 C G Federal Credit Union LA Bayou Community Federal Credit Union
Nov 1, 2014 Winnebago County Schools Credit Union IL Illinois State Credit Union
Nov 1, 2014 Panhandle State Bank ID Columbia State Bank
Nov 1, 2014 Sugar Land Employees Federal Credit Union TX Houston Federal Credit Union
Nov 1, 2014 Georgia Coastal Federal Credit Union GA Five Star Credit Union
Nov 1, 2014 Lafayette Savings Bank, FSB IN Old National Bank
Nov 1, 2014 Wittenberg University Federal Credit Union OH Ih Credit Union, Inc
Nov 1, 2014 Santa Cruz County Employees Credit Union CA Bay Federal Credit Union

The list holds 500 of the 704 mergers recorded for 2014.

Enforcement Actions in 2014

Action date Agency Institution Action
Jun 25, 2014
Released May 17, 2018		 FRB Regions Bank Civil Money Penalty, $46,000,000: Regions Bank, Birmingham, Alabama
Jun 25, 2014 FRB Regions Bank Prohibition from Banking: Michael J. Willoughby
Jun 25, 2014
Released Apr 5, 2018		 FRB T.C. Ziraat Bankasi A.S. Written Agreement: Turkiye Cumhuriyeti Ziraat Bankasi A.S., Ankara, Turkey and Turkiye Cumhuriyeti Ziraat Bankasi …
Jun 25, 2014 FRB Regions Bank Prohibition from Banking: Jeffrey C. Kuehr
Jun 25, 2014 FRB Regions Bank Notice of Intent: Thomas A. Neely, Jr.
Jun 17, 2014 OCC The First National Bank of Manchester C&D or PC&D Requiring Restitution: Greer, Lanny
Jun 17, 2014 FRB Texas Star Bank Section 19 Letters: Judy Hollomon
Jun 17, 2014 OCC The First National Bank of Manchester Civil Money Penalty (CMP): Greer, Lanny
Jun 17, 2014 OCC The First National Bank of Manchester Civil Money Penalty (CMP): Greer, Jerry
Jun 17, 2014 OCC The First National Bank of Manchester Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Greer, Lanny
Jun 17, 2014 OCC The First National Bank of Manchester Prohibition/Removal Orders: Greer, Lanny
Jun 17, 2014 OCC The First National Bank of Manchester Civil Money Penalty (CMP): Smith, Kenneth
Jun 17, 2014 OCC The First National Bank of Manchester Civil Money Penalty (CMP): Greer, Rex
Jun 17, 2014 OCC The First National Bank of Manchester Civil Money Penalty (CMP): Greer, Randell
Jun 12, 2014 OCC First National Bank Prohibition/Removal Orders: Mulling, Isaac Jefferson
Jun 12, 2014 OCC First National Bank Prohibition/Removal Orders: Little, Stephen Michael
Jun 12, 2014
Released Jun 17, 2014		 FRB (individual) Civil Money Penalty, $4,000: First Southern Bank, Boca Raton, Florida
Jun 9, 2014 OCC First State Bancorp of the Rockies Civil Money Penalty (CMP): Sawyer, Ronald R.
Jun 6, 2014
Released Jun 10, 2014		 FRB Allied First Bancorp, Inc. Written Agreement: Allied First Bancorp, Inc., Oswego, Illinois
May 30, 2014 FRB Fulton Financial Corporation Section 19 Letters: Joni Weiss Moser
May 29, 2014 OCC The Somerville National Bank Civil Money Penalty (CMP): The Somerville National Bank
May 28, 2014
Released Jun 3, 2014		 FRB Cboa Financial, Inc. Written Agreement: CBOA Financial, Inc., Tucson, Arizona
May 28, 2014 OCC The First National Bank of Layton Civil Money Penalty (CMP): Ellison, Peter K.
May 27, 2014 OCC The First National Bank of Layton Civil Money Penalty (CMP): Day, D. William
May 27, 2014 OCC The First National Bank of Layton Civil Money Penalty (CMP): Firth, Ralph W.
May 27, 2014 OCC The First National Bank of Layton Civil Money Penalty (CMP): Flint, Vernon W.
May 27, 2014 OCC The First National Bank of Layton Civil Money Penalty (CMP): Garn, Kevin S.
May 27, 2014 OCC The First National Bank of Layton Civil Money Penalty (CMP): Jones, K. John
May 27, 2014 OCC The First National Bank of Layton Civil Money Penalty (CMP): Morgan, Thomas W.
May 27, 2014 OCC The First National Bank of Layton Civil Money Penalty (CMP): Simmons, David E.
May 27, 2014 OCC The First National Bank of Layton Civil Money Penalty (CMP): Smith, Catherine W.
May 27, 2014 OCC The First National Bank of Layton Civil Money Penalty (CMP): Stevenson, Sharman R.
May 27, 2014 OCC The First National Bank of Layton Civil Money Penalty (CMP): Bennett, Noall J.
May 27, 2014 OCC The First National Bank of Layton Civil Money Penalty (CMP): Barlow, Haven J.
May 27, 2014 OCC The First National Bank of Layton Civil Money Penalty (CMP): Adams, E. Harris
May 27, 2014 OCC Equitable Bank Civil Money Penalty (CMP): Equitable Bank
May 22, 2014
Released May 29, 2014		 FRB Columbus Junction State Bank Written Agreement: Columbus Junction State Bank, Columbus Junction, Iowa
May 19, 2014 FRB Credit Suisse Group Ag Cease and Desist Order: Credit Suisse Group AG, Zurich, Switzerland
May 19, 2014 FRB Credit Suisse Ag Civil Money Penalty, $100,000,000: Credit Suisse AG, Zurich, Switzerland
May 16, 2014
Released May 20, 2014		 FRB (individual) Civil Money Penalty, $5,410: Western Bank, Lordsburg, New Mexico
May 15, 2014 OCC Pickens Savings and Loan Association, Federal Association Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Sparks, John
May 9, 2014
Released May 13, 2014		 FRB Bank of Gueydan Civil Money Penalty, $10,545: Bank of Gueydan, Gueydan, Louisiana
Apr 30, 2014 FRB Susquehanna Corporation Section 19 Letters: Diane Patricia Wall
Apr 28, 2014 OCC Abacus Federal Savings Bank Formal Agreement: Abacus Federal Savings Bank
Apr 25, 2014 OCC Capital One, N.A. GLBA Agreement: Capital One, National Association
Apr 24, 2014 OCC Citizens Bank, N.A. GLBA Agreement: Citizens Bank, National Association
Apr 22, 2014 OCC F&M Bank and Trust Company Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): F&M Bank and Trust Company
Apr 17, 2014 OCC Hopkins Bancorp, Inc. Formal Agreement: Hopkins Federal Savings Bank
Apr 15, 2014
Released Apr 17, 2014		 FRB Calvert Financial Corporation Prohibition from Banking: Darryl Woods
Apr 10, 2014
Released Apr 15, 2014		 FRB Uinta Bank Civil Money Penalty, $9,985: UINTA BANK, MOUNTAIN VIEW, WYOMING

Browse adjacent years: 2013 · 2015

Or jump to a category: Failures · Mergers · Enforcement · Assistance