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 | Assets |
|---|---|---|
| Dec 19, 2014 | Northern Star Bank | $18.8M |
| Nov 7, 2014 | Frontier Bank, FSB | $80.7M |
| Oct 24, 2014 | The National Republic Bank of Chicago | $843.1M |
| Oct 17, 2014 | NBRS Financial Bank | $155.4M |
| Jul 25, 2014 | Greenchoice Bank, FSB | $70.3M |
| Jul 18, 2014 | Eastside Commercial Bank | $173.9M |
| Jun 27, 2014 | The Freedom State Bank | $22.8M |
| Jun 20, 2014 | Valley Bank | $456.4M |
| Jun 20, 2014 | Valley Bank | $81.8M |
| May 30, 2014 | Slavie Federal Savings Bank | $140.1M |
| May 23, 2014 | Columbia Savings Bank | $36.5M |
| May 16, 2014 | Aztecamerica Bank | $66.3M |
| Apr 25, 2014 | Allendale County Bank | $49.5M |
| Feb 28, 2014 | Millennium Bank, N.A. | $130.3M |
| Feb 28, 2014 | Vantage Point Bank | $63.5M |
| Jan 31, 2014 | Syringa Bank | $153.4M |
| Jan 24, 2014 | The Bank of Union | $317.2M |
| Jan 17, 2014 | Dupage National Bank | $53.5M |
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 | Acquirer |
|---|---|---|
| Sep 16, 2014 | Buffalo Savings Bank | SENB Bank |
| Sep 15, 2014 | Bank of Belton | Central Bank of the Midwest |
| Sep 13, 2014 | The Home Building and Loan Company | Community Savings Bank |
| Sep 13, 2014 | Valley Savings Bank | Westfield Bank, FSB |
| Sep 10, 2014 | Greenleaf Employees Federal Credit Union | One Federal Credit Union |
| Sep 6, 2014 | American State Bank of Erskine | American State Bank of Grygla |
| Sep 6, 2014 | First Wyoming Financial Corporation | WSFS Financial Corporation |
| Sep 6, 2014 | The First National Bank of Wyoming | Wilmington Savings Fund Society, FSB |
| Sep 5, 2014 | Nail Workers Credit Union | Smartchoice Credit Union |
| Sep 4, 2014 | Plumbers & Steamfitters Local 83 Federal Credit Union | Union Trades Federal Credit Union |
| Sep 3, 2014 | ING National Trust | Reliance Trust Company of Delaware |
| Sep 2, 2014 | Algodon De Calidad Bancshares, Inc. | Turner Bancshares, Inc. |
| Sep 2, 2014 | Piney Grove Community Federal Credit Union | Robins Financial Credit Union |
| Sep 1, 2014 | G.C.I Employees Federal Credit Union | Earning Tree Federal Credit Union |
| Sep 1, 2014 | Delta Trust and Banking Corporation | Simmons First National Corporation |
| Sep 1, 2014 | Idaho Banking Company | D.L. Evans Bank |
| Sep 1, 2014 | FNBR Holding Corporation | Glacier Bancorp, Inc. |
| Sep 1, 2014 | Central Bancorp, Inc. | Hanmi Financial Corporation |
| Sep 1, 2014 | Oshkosh Central Credit Union | Community First Credit Union |
| Sep 1, 2014 | Louisiana Farm Bureau Credit Union | Pelican Credit Union |
| Sep 1, 2014 | Edco Credit Union | Financial Plus Credit Union |
| Sep 1, 2014 | American Meter Employees Federal Credit Union | Tri State Rail Federal Credit Union |
| Sep 1, 2014 | Guidance Church of Religious Science Federal Credit Union | Fox Federal Credit Union |
| Sep 1, 2014 | Bestsource Credit Union | Vibe Credit Union |
| Sep 1, 2014 | First National Bank of the Rockies | Glacier Bank |
| Sep 1, 2014 | United Central Bank | Hanmi Bank |
| Sep 1, 2014 | Hampton Roads Postal Credit Union, Inc. | Bayport Federal Credit Union |
| Sep 1, 2014 | Saugusbank, a Co-operative bank | TruNorth Bank |
| Aug 31, 2014 | School District 40 Employees Credit Union | Dutrac Community Credit Union |
| Aug 31, 2014 | Local 32 Asbestos Workers Federal Credit Union | Affinity Federal Credit Union |
| Aug 31, 2014 | Education Affiliates Federal Credit Union | McGraw Hill Federal Credit Union |
| Aug 30, 2014 | Rio Grande Masonic Prince Hall Federal Credit Union | Team Financial Federal Credit Union |
| Aug 30, 2014 | Macon County School Employees Federal Credit Union | 1st Midamerica Credit Union |
| Aug 30, 2014 | First Bank | First National Bank Ames, Iowa |
| Aug 30, 2014 | The Rockport National Bank | Institution for Savings in Newburyport and Its Vicinity |
| Aug 30, 2014 | Bank 1440 | Southwest Heritage Bank |
| Aug 30, 2014 | Bank of Palatine | Pan American Bank & Trust |
| Aug 23, 2014 | Ohio Heritage Bank | Peoples Bank |
| Aug 23, 2014 | Ohio Heritage Bancorp, Inc. | Peoples Bancorp Inc. |
| Aug 22, 2014 | Guernsey Bancorp, Inc. | First Financial Bancorp |
| Aug 22, 2014 | The Guernsey Bank | First Financial Bank |
| Aug 21, 2014 | Alliance Bancshares, Inc. | Community & Southern Holdings, Inc. |
| Aug 20, 2014 | Alton and Southern Railroad Employees Federal Credit Union | Catholic and Community Credit Union |
| Aug 18, 2014 | Cole Taylor Bank | MB Financial Bank, National Association |
| Aug 18, 2014 | Taylor Capital Group, Inc. | MB Financial, Inc. |
| Aug 16, 2014 | Bethany Baptist Federal Credit Union | First Financial Federal Credit Union |
| Aug 16, 2014 | Generations Bank | Peoples Bank of Alabama |
| Aug 16, 2014 | First Southern Bancshares, Inc | Midwest Community Bancshares, Inc. |
| Aug 16, 2014 | Zia Financial Corporation | South Plains Financial, Inc. |
| Aug 16, 2014 | City Bank New Mexico | City Bank |
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 |
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