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
Jul 29, 2014 Ibew 466 Federal Credit Union WV Union Trades Federal Credit Union
Jul 28, 2014 First National Bank South Dakota SD First National Bank of Omaha
Jul 26, 2014 Select Bank & Trust Company NC Select Bank & Trust Company
Jul 26, 2014 State Bank of Gibbon MN Minnwest Bank
Jul 26, 2014 Select Bancorp, Inc. NC Select Bancorp Inc.
Jul 24, 2014 Moorhead Teachers Credit Union MN Magnifi Financial Credit Union
Jul 19, 2014 First National Bank of Holcomb KS American State Bank & Trust Company
Jul 19, 2014 Wheeling-Pittsburgh Steel Office Federal Credit Union WV Teamsters Local 697 Federal Credit Union
Jul 18, 2014 Florida Traditions Bank FL Centennial Bank
Jul 14, 2014 GSB Bancshares of Nevada, Inc. NV GSB Bancshares, Inc.
Jul 12, 2014 Basin State Bank MT Stockman Bank of Montana
Jul 12, 2014 Patriot Bank IA First State Bank
Jul 12, 2014 Farmers Savings Bank IA Libertyville Savings Bank
Jul 12, 2014 JGB Bank, N.A. FL Sabadell United Bank, National Association
Jul 4, 2014 Vantagesouth Bank NC Yadkin Bank
Jul 4, 2014 Vantagesouth Bancshares Inc. NC Yadkin Financial Corporation
Jul 4, 2014 Piedmont Community Bank Holdings, Inc. NC Yadkin Financial Corporation
Jul 1, 2014 SJB Federal Credit Union MA Alltrust Credit Union
Jul 1, 2014 Union Center National Bank NJ ConnectOne Bank
Jul 1, 2014 Pinnacle Credit Union IN Public Service Credit Union
Jul 1, 2014 Lawrence Postal Employees Credit Union MA Brightbridge Credit Union
Jul 1, 2014 I T T Employees Fort Wayne Division Federal Credit Union IN Fort Financial Federal Credit Union
Jul 1, 2014 Grove Community Federal Credit Union PA Corning Federal Credit Union
Jul 1, 2014 The Coastal Bank GA Ameris Bank
Jul 1, 2014 Gateway Community Federal Credit Union MT Park Side Financial Credit Union
Jul 1, 2014 C G H Federal Credit Union PA Allegheny Kiski Postal Federal Credit Union
Jul 1, 2014 Eastern Pittsburgh Bell Federal Credit Union PA Allegent Community Federal Credit Union
Jul 1, 2014 Island Tradition Federal Credit Union HI Hawaiian Financial Federal Credit Union
Jul 1, 2014 Kokomo Post Office Credit Union IN Solidarity Community Federal Credit Union
Jul 1, 2014 Lorain School Employees Credit Union, Inc. OH Achieve Credit Union, Inc.
Jul 1, 2014 River City United Credit Union TN Alabama Credit Union
Jul 1, 2014 Federal Employees Credit Union IA Collins Community Credit Union
Jul 1, 2014 IBM Pittsburgh Federal Credit Union PA Usx Federal Credit Union
Jul 1, 2014 I and M Tanners Creek Employees Federal Credit Union IN Dearborn County Federal Credit Union
Jul 1, 2014 Jeffso Credit Union LA Jefferson Parish Employees Federal Credit Union
Jul 1, 2014 Lacamas Community Credit Union WA Iq Credit Union
Jul 1, 2014 Utility Employees La Salle Service Area Credit Union IL Financial Plus Credit Union
Jul 1, 2014 Members Alliance Federal Credit Union GA Center Parc Credit Union
Jul 1, 2014 P S Burlington Employees Federal Credit Union NJ Edifi Federal Credit Union
Jul 1, 2014 New Trier Federal Credit Union IL Partnership Financial Credit Union
Jul 1, 2014 Houston Chronicle Employees Federal Credit Union TX People's Trust Federal Credit Union
Jul 1, 2014 Cohoes City Employees Credit Union NY Hudson River Community Credit Union
Jul 1, 2014 Nafco Nebraska Federal Credit Union NE Cobalt Federal Credit Union
Jul 1, 2014 Greater Minnesota Credit Union MN Blaze Credit Union
Jul 1, 2014 Pioneer Credit Union WI Capital Credit Union
Jul 1, 2014 U.S. Engineers L.A. Federal Credit Union CA Los Angeles Federal Credit Union
Jul 1, 2014 Bi-Mart Federal Credit Union OR Oregon Community Credit Union
Jul 1, 2014 Kanabec State Bank MN First Citizens Bank
Jul 1, 2014 La Farge State Bank WI Farmers State Bank
Jul 1, 2014 Community Driven Credit Union MI People Driven 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