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
Dec 30, 2014 Decatur State Bank AR Grand Savings Bank
Dec 30, 2014 Peterson Holding Company AR Chambers Bank
Dec 29, 2014 1st City Credit Union MO Alliance Credit Union
Dec 27, 2014 First Security Business Bank CA CalPrivate Bank
Dec 23, 2014 Peoples Security Bancorp, Inc. KY Citizens National Corporation
Dec 23, 2014 Peoples Security Bank KY Citizens Bank of Kentucky, Inc
Dec 21, 2014 Central Star Credit Union KS Golden Plains Credit Union
Dec 18, 2014 Omniamerican Bancorp, Inc. TX Southside Bancshares, Inc.
Dec 18, 2014 OmniAmerican Bank TX Southside Bank
Dec 16, 2014 United Group Banking Company of Florida, Inc. FL National Commerce Corporation
Dec 15, 2014 Saint Cecilia Parish Credit Union MO St. Louis Community Credit Union
Dec 13, 2014 The Bank of Bolivar County MS Uplift Bank
Dec 13, 2014 Mercantile Investments Inc DE Mercantile Bank
Dec 13, 2014 Bolivar Banking Corporation MS Uplift Financial Development Corporation
Dec 13, 2014 (unnamed) — OMB Bank
Dec 6, 2014 The Peninsula Bank of Ishpeming MI mBank
Dec 6, 2014 Bank of Coral Gables FL First American Bank
Dec 6, 2014 Riverside Bank NY Salisbury Bank and Trust Company
Dec 6, 2014 Peninsula Financial Corporation MI Mackinac Financial Corporation
Dec 6, 2014 Security Bancorp, Inc. IL Midwest Community Bancshares, Inc.
Dec 6, 2014 Herrin Security Bank IL First Southern Bank
Dec 6, 2014 Peoples Bank of the Ozarks MO Southern Bank
Dec 6, 2014 Great Lakes Bank, National Association IL First Midwest Bank
Dec 3, 2014 Great Lakes Financial Resources, Inc. IL First Midwest Bancorp, Inc.
Dec 1, 2014 Bailey Controls Federal Credit Union OH Best Reward Federal Credit Union
Dec 1, 2014 1st Enterprise Bank CA California United Bank
Dec 1, 2014 Harbor National Bank SC Bank of North Carolina
Dec 1, 2014 Harbor Bank Group, Inc. SC BNC Bancorp
Dec 1, 2014 Shoreline Credit Union AL Alabama Credit Union
Dec 1, 2014 Zion Federal Credit Union PA American Heritage Federal Credit Union
Dec 1, 2014 Central Washington Federal Credit Union WA Gesa Credit Union
Dec 1, 2014 Interstate Federal Credit Union CA Credit Union of Southern California, a Federal Credit Union
Dec 1, 2014 Hanover Federal Credit Union NC Piedmont Advantage Credit Union
Dec 1, 2014 Labor Department Credit Union NE Nebraska State Employees Credit Union
Dec 1, 2014 Patriots Federal Credit Union CA Southland Credit Union
Dec 1, 2014 C P T Credit Union IL Alero Financial Credit Union
Dec 1, 2014 Portland Maine Police Department Federal Credit Union ME Truchoice Federal Credit Union
Dec 1, 2014 D C Credit Union CO Community Choice Credit Union
Dec 1, 2014 Dallas I H C Federal Credit Union TX Texas Telcom Credit Union
Dec 1, 2014 Stephens Federal Bank GA Oconee Federal Savings and Loan Association
Dec 1, 2014 Big Thompson Federal Credit Union CO Foothills Credit Union
Dec 1, 2014 Ase Federal Credit Union MD Five Star of Maryland Federal Credit Union
Nov 30, 2014 Blue Spruce Federal Credit Union CO On Tap Credit Union
Nov 26, 2014 Ne Blue Cross Employees Federal Credit Union PA Ufcw Community Federal Credit Union
Nov 22, 2014 Citizens State Bank IA Availa Bank
Nov 21, 2014 Virginia Gas Credit Union VA Truenergy Federal Credit Union
Nov 15, 2014 The Ohio State Bank OH The Union Bank Company
Nov 15, 2014 Jbi Financial Corporation LA Catahoula Holding Company
Nov 15, 2014 Citizens State Bank TX First Bank & Trust
Nov 15, 2014 Memphis State Bank TX First Bank & Trust

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

Enforcement Actions in 2014

Action date Agency Institution Action
Apr 9, 2014 FRB (individual) Section 19 Letters: Kandi Biggins
Apr 7, 2014 OCC FIA Card Services, N.A. C&D or PC&D Requiring Restitution: Fia Card Services, National Association
Apr 7, 2014 OCC Bank of America, N.A. C&D or PC&D Requiring Restitution: Bank of America, National Association
Apr 7, 2014
Released Apr 10, 2014		 FRB NBRS Financial Bank Prompt Corrective Action: NBRS Financial Bank, Rising Sun, Maryland
Apr 7, 2014 OCC Bank of America, N.A. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Bank of America, National Association
Apr 7, 2014 OCC FIA Card Services, N.A. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Fia Card Services, National Association
Apr 7, 2014 OCC Bank of America, N.A. Civil Money Penalty (CMP): Bank of America, National Association
Apr 7, 2014 OCC FIA Card Services, N.A. Civil Money Penalty (CMP): Fia Card Services, National Association
Apr 3, 2014 FRB Credit Suisse Group Ag Section 19 Letters: Kareem Serageldin
Apr 1, 2014 OCC Guaranty Bank Prompt Corrective Action (PCA) Directive: Guaranty Bank
Mar 31, 2014 OCC Eastern Savings Bank Federal Savings Bank Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Eastern Savings Bank, FSB
Mar 26, 2014 FRB First Virginia Community Bank Section 19 Letters: Kimberly D. Cook
Mar 26, 2014 FRB First Virginia Community Bank Section 19 Letters: Gregory A. Murray
Mar 26, 2014 OCC Fort Lee Federal Savings Bank, FSB Civil Money Penalty (CMP): Cestone, Douglas
Mar 26, 2014 OCC Fort Lee Federal Savings Bank, FSB Civil Money Penalty (CMP): Oesterle, Paul
Mar 24, 2014 OCC The First National Bank of Davis Prohibition/Removal Orders: Moore, W.A.
Mar 21, 2014 FRB Imb Holdco LLC Cease and Desist Order: IMB HoldCo LLC, Pasadena, California
Mar 20, 2014 OCC Eastside Commercial Bank, N.A. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Eastside Commercial Bank, National Association
Mar 17, 2014 FRB Suntrust Bank Section 19 Letters: Heather L. McLemore
Mar 11, 2014 OCC OneWest Bank, National Association Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): OneWest Bank, National Association
Mar 11, 2014 OCC OneWest Bank, National Association C&D or PC&D Requiring Restitution: OneWest Bank, National Association
Mar 3, 2014 FRB (individual) Section 19 Letters: Travis A Zielinski
Feb 27, 2014 FRB Merchants Bank Section 19 Letters: Matthew J. Walker
Feb 24, 2014 FRB Suntrust Bank Section 19 Letters: Henry Morris Hayes, Jr.
Feb 24, 2014 FRB Suntrust Bank Section 19 Letters: Sean K. Farley
Feb 24, 2014 FRB Regions Bank Section 19 Letters: Jordan C. Jaehn
Feb 19, 2014 OCC Inter National Bank Prohibition/Removal Orders: Sepulveda, Edna E.
Feb 10, 2014 OCC State Farm Bank, FSB Prohibition/Removal Orders: Neill, David
Feb 7, 2014 OCC Home National Bank Prohibition/Removal Orders: Kessler, Lisa
Feb 7, 2014 OCC Home National Bank C&D or PC&D Requiring Restitution: Brown, Roger A.
Feb 7, 2014 OCC Home National Bank C&D or PC&D Requiring Restitution: Brown, Trenton W.
Feb 7, 2014 OCC Home National Bank C&D or PC&D Requiring Restitution: Kessler, Lisa
Feb 7, 2014 OCC Home National Bank Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Brown, Roger A.
Feb 7, 2014 OCC Home National Bank Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Brown, Trenton W.
Feb 7, 2014 OCC Home National Bank Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Kessler, Lisa
Feb 7, 2014 OCC Home National Bank Prohibition/Removal Orders: Brown, Roger A.
Feb 7, 2014 OCC Home National Bank Prohibition/Removal Orders: Brown, Trenton W.
Feb 6, 2014 FRB Suntrust Bank Section 19 Letters: Gabriel N. Nervig
Feb 6, 2014 OCC Community Federal Savings Bank Formal Agreement: Community Federal Savings Bank
Feb 6, 2014 OCC Communityone Bancorp Prohibition/Removal Orders: Bateman, Vincent F.
Feb 6, 2014 OCC U.S. Bank N.A. Prohibition/Removal Orders: Foss, Linda S.
Jan 14, 2014 OCC Old National Bank Civil Money Penalty (CMP): Old National Bank
Jan 10, 2014 FRB Northside Community Bank Section 19 Letters: Dragana Fousekis (aka Donna Fousekis)
Jan 10, 2014 FRB First Midwest Bank Section 19 Letters: Shamica C. Hohimer
Jan 8, 2014 OCC BOKF, N.A. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Thomas, Ryann
Jan 7, 2014 OCC JPMorgan Chase Bank, N.A. Civil Money Penalty (CMP): JPMorgan Chase Bank, National Association
Jan 7, 2014 OCC JPMorgan Bank and Trust Company, N.A. Civil Money Penalty (CMP): JPMorgan Bank and Trust Company, National Association
Jan 7, 2014 OCC Chase Bank USA, N.A. Civil Money Penalty (CMP): Chase Bank USA, National Association
Jan 7, 2014 OCC Slavie Federal Savings Bank Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Slavie Federal Savings Bank
Jan 6, 2014
Released Jan 9, 2014		 FRB TransPecos Banks Civil Money Penalty, $2,710: TransPecos Banks, Pecos, Texas

Browse adjacent years: 2013 · 2015

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