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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
Jun 1, 2014 Teche Federal Bank LA Iberiabank
Jun 1, 2014 H D York Federal Credit Union PA White Rose Credit Union
Jun 1, 2014 Crane Gulf Federal Credit Union TX 1st Community Federal Credit Union
Jun 1, 2014 Sir Federal Credit Union MI Honor Credit Union dba Honor Investment Services
Jun 1, 2014 Logan City Employees Credit Union UT New Heights Federal Credit Union
Jun 1, 2014 Hospitality Federal Credit Union TN Intouch Credit Union
Jun 1, 2014 Boise U S Employees Federal Credit Union ID Icon Credit Union
Jun 1, 2014 FMC Technologies Federal Credit Union TX Texas Dow Employees Credit Union
Jun 1, 2014 FamilyFirst Bank MA North Brookfield Savings Bank
Jun 1, 2014 Bloom Township High School Credit Union IL Heights Auto Workers Credit Union
May 31, 2014 The First National Bank of Wellston OH Peoples Bank
May 31, 2014 Jefferson Bancshares, Inc. TN HomeTrust Bancshares, Inc.
May 31, 2014 Midwest Bancshares, Inc. OH Peoples Bancorp Inc.
May 31, 2014 Team Capital Bank PA Provident Bank
May 31, 2014 C Bar M, Inc. TX Pioneer Bancshares, Inc.
May 31, 2014 WNB Bancshares, Inc. TX Cullen/Frost Bankers, Inc.
May 31, 2014 Union State Bank TX Pioneer Bank, SSB
May 31, 2014 Reliance Trust Company GA Tmi Trust Company
May 31, 2014 Jefferson Federal Bank TN HomeTrust Bank
May 31, 2014 Tri-State Federal Credit Union PA Clearview Federal Credit Union
May 31, 2014 Security Bank Waconia MN Security Bank & Trust Company
May 31, 2014 Pittsburg Employees Federal Credit Union CA 1st Northern California Credit Union
May 31, 2014 Saint Pascal Parish Credit Union MN Saint Paul Federal Credit Union
May 31, 2014 Essex Division Telephone Federal Credit Union NJ Garden Savings Federal Credit Union
May 31, 2014 Laclede Community Credit Union IL 1st Midamerica Credit Union
May 29, 2014 Wells Fargo Financing Corporation CA WFC Holdings, LLC
May 24, 2014 Minnwest Bank Metro MN Minnwest Bank
May 24, 2014 Minnwest Bank Sioux Falls SD Minnwest Bank
May 24, 2014 Minnwest Capital Corporation MN Minnwest Bank
May 24, 2014 Minndata, Incorporated MN Minnwest Bank
May 24, 2014 Monroe Bancshares, Ltd. IA Leighton Investment Company
May 24, 2014 Aumanchester, Inc. MN Minnwest Corporation
May 24, 2014 Minnwest Bank Luverne MN Minnwest Bank
May 24, 2014 Monroe State Bank IA Leighton State Bank
May 24, 2014 Minnwest Bank South MN Minnwest Bank
May 24, 2014 Minnwest Bank Central MN Minnwest Bank
May 17, 2014 Bay View Federal Savings and Loan Association WI First Federal Bank of Wisconsin
May 17, 2014 Home Federal Bancorp, Inc. ID Cascade Bancorp
May 17, 2014 Summit Bancorp, Inc. AR Bank of the Ozarks Inc
May 17, 2014 Simmons First Bank of Hot Springs AR Simmons Bank
May 17, 2014 Summit Bank AR Bank OZK
May 17, 2014 Home Federal Bank ID Bank of the Cascades
May 17, 2014 Simmons First Bank of Searcy AR Simmons Bank
May 17, 2014 American State Bank of Pierre SD American Bank & Trust
May 17, 2014 Simmons First Bank of Northeast Arkansas AR Simmons Bank
May 16, 2014 American Security Bank CA Citizens Business Bank, N.A.
May 15, 2014 Bloomer Bancshares, Inc. WI Security Financial Services Corporation
May 10, 2014 Republic Bank FL Republic Bank & Trust Company
May 10, 2014 StellarOne Bank VA Atlantic Union Bank
May 8, 2014 Investors Bancorp, Inc. NJ Investors Bancorp, Inc.

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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