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 |
|---|---|---|
| Aug 16, 2014 | Connecticut River Bancorp, Inc. | Clearnorth Financial Mutual Holding Company |
| Aug 16, 2014 | Associated Commericial Finance, Inc. | Associated Bank, N.A. |
| Aug 16, 2014 | First Southern Bank | First Southern Bank |
| Aug 16, 2014 | The Citizens State Bank | The Bank |
| Aug 16, 2014 | Peoples State Bank of Bloomer | Security Financial Bank |
| Aug 16, 2014 | First National Bank of Chillicothe | Better Banks |
| Aug 16, 2014 | The First National Bank of Herman | Kensington Bank |
| Aug 16, 2014 | Connecticut River Bank, National Association | Mascoma Bank |
| Aug 9, 2014 | First National Bank in Wewoka | Patrons Bank, N.A. |
| Aug 9, 2014 | First Bank of Miami Shares, Inc. | Apollo Bancshares, Inc. |
| Aug 9, 2014 | Alpena Banking Corporation | First Federal of Northern Michigan Bancorp, Inc. |
| Aug 9, 2014 | Bank of Alpena | First Federal of Northern Michigan |
| Aug 9, 2014 | First Bank of Miami | Apollo Bank |
| Aug 9, 2014 | Simmons First Bank of Eldorado | Simmons Bank |
| Aug 9, 2014 | Simmons First Bank of Russellville | Simmons Bank |
| Aug 9, 2014 | Simmons First Bank of South Arkansas | Simmons Bank |
| Aug 8, 2014 | The First Bexley Bank | First Financial Bank |
| Aug 8, 2014 | Insight Bank | First Financial Bank |
| Aug 6, 2014 | Peoples Service Company | Southern Missouri Bancorp, Inc. |
| Aug 6, 2014 | Peoples Banking Company | Southern Missouri Bancorp, Inc. |
| Aug 2, 2014 | First Security Bank & Trust Company | The Stockton National Bank |
| Aug 2, 2014 | Staun Bancorp, Inc. | Spring Bancorp, Inc. |
| Aug 2, 2014 | First Community State Bank | Bank of Springfield |
| Aug 1, 2014 | Bethel a M E Church Federal Credit Union | Frankenmuth Credit Union |
| Aug 1, 2014 | Bank of Commerce | HomeTrust Bank |
| Aug 1, 2014 | Prosperity Holdings of Delaware, LLC | Prosperity Bancshares, Inc. |
| Aug 1, 2014 | Mountain West Financial Corp. | First Interstate Bancsystem, Inc. |
| Aug 1, 2014 | (unnamed) | Old National Bank |
| Aug 1, 2014 | United Bancorp, Inc. | Old National Bancorp |
| Aug 1, 2014 | Banque of Maringouin Holding Company, Inc. | Great Guaranty Bancshares, Inc. |
| Aug 1, 2014 | First Amherst Bancshares, Inc. | South Texas Bancshares, Inc. |
| Aug 1, 2014 | Muskegon Consumers Power Employees Credit Union | Best Financial Credit Union |
| Aug 1, 2014 | State Employees Credit Union | First Florida Credit Union |
| Aug 1, 2014 | Bethel Community Federal Credit Union | Wright-Patt Credit Union, Inc. |
| Aug 1, 2014 | NBC Employees Federal Credit Union | Premier America Credit Union |
| Aug 1, 2014 | Prince George's Federal Savings Bank | Primis Bank |
| Aug 1, 2014 | Delaware First Federal Credit Union | Dexsta Federal Credit Union |
| Aug 1, 2014 | Ringgold School Employees Federal Credit Union | Valley 1st Community Federal Credit Union |
| Aug 1, 2014 | Paco Federal Credit Union | Acme Federal Credit Union |
| Aug 1, 2014 | United Bank & Trust | Old National Bank |
| Aug 1, 2014 | The First National Bank of Amherst | First State Bank |
| Aug 1, 2014 | Deseret News Employees Credit Union | American United Federal Credit Union |
| Aug 1, 2014 | 2nd Baptist Church Federal Credit Union of Ann Arbor | University of Michigan Credit Union |
| Aug 1, 2014 | Cwu Federal Credit Union | Washington State Employees Credit Union |
| Aug 1, 2014 | Greater Institutional a M E Church Credit Union | Sherwin Williams Employees Credit Union |
| Aug 1, 2014 | Paducah City Employees Credit Union | Signet Federal Credit Union |
| Aug 1, 2014 | Monroe County Bank | United Bank |
| Aug 1, 2014 | Taylor Model Basin Federal Credit Union | Constellation Federal Credit Union |
| Jul 31, 2014 | Greater West Haven Federal Credit Union | Usalliance Federal Credit Union |
| Jul 31, 2014 | Pittsburgh Pepsi Cola Federal Credit Union | Usx 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 |
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