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 |
|---|---|---|
| Oct 31, 2014 | Peoples Community Credit Union | American Nickeloid Community Credit Union |
| Oct 31, 2014 | Murray Employees Credit Union | Land of Lincoln Credit Union |
| Oct 31, 2014 | LV East Federal Credit Union | Irco Community Federal Credit Union |
| Oct 25, 2014 | TF Financial Corporation | National Penn Bancshares, Inc. |
| Oct 25, 2014 | Delta Trust & Bank | Simmons Bank |
| Oct 25, 2014 | North Akron Savings Bank | Peoples Bank |
| Oct 25, 2014 | Prior Lake State Bank | KleinBank |
| Oct 25, 2014 | 3rd Fed Bank | National Penn Bank |
| Oct 25, 2014 | Bank North | The Stephenson National Bank and Trust |
| Oct 25, 2014 | Highlands Independent Bank | Harbor Community Bank |
| Oct 25, 2014 | Centrix Bank & Trust | Eastern Bank |
| Oct 25, 2014 | Highlands Independent Bancshares, Inc. | HCBF Holding Company, Inc. |
| Oct 24, 2014 | Broward Bank of Commerce | Centennial Bank |
| Oct 24, 2014 | Broward Financial Holdings, Inc. | Home Bancshares, Inc. |
| Oct 24, 2014 | First National Bancshares of Hempstead County | Magnolia Banking Corporation |
| Oct 21, 2014 | G.N.B. Mortgage Company Inc. | Gnbank, N.A. dba Gnbank, N.A. |
| Oct 20, 2014 | Midtown Bank & Trust Company | First Landmark Bank |
| Oct 18, 2014 | SharePlus Bank | Green Bank, National Association |
| Oct 18, 2014 | InvestorsBank | American Bank |
| Oct 18, 2014 | Mountain West Bank, National Association | First Interstate Bank |
| Oct 18, 2014 | MBT Bancorp | Mainsource Financial Group, Inc. |
| Oct 18, 2014 | Rio Grande Operating Credit Union | Community Choice Credit Union |
| Oct 18, 2014 | Grant County Bancorp, Inc. | Forcht Bancorp, Inc. |
| Oct 18, 2014 | Grant County Deposit Bank | Forcht Bank, N.A. |
| Oct 18, 2014 | Wacopse Federal Credit Union | Mountain Laurel Federal Credit Union |
| Oct 18, 2014 | The Merchants Bank and Trust Company | MainSource Bank |
| Oct 17, 2014 | Great Western Bancorporation, Inc. | Great Western Bancorp, Inc. |
| Oct 14, 2014 | Texas Savings Bank | First Bank & Trust |
| Oct 11, 2014 | Members First Credit Union | Bowater Employees Credit Union |
| Oct 9, 2014 | National Americas Investment, Inc. | National Americas Holdings LLC |
| Oct 4, 2014 | North Valley Bank | Tri Counties Bank |
| Oct 4, 2014 | Area Bank | Banterra Bank |
| Oct 4, 2014 | Hardin County Bancorp, Inc | HCB Acquisition Co |
| Oct 4, 2014 | North Valley Bancorp | Trico Bancshares |
| Oct 4, 2014 | Downs Bank | State Bank of Downs |
| Oct 4, 2014 | Pleasantville State Bank | Peoples Savings Bank |
| Oct 1, 2014 | Bremer Bank, National Association | Bremer Bank, National Association |
| Oct 1, 2014 | JCK, Inc. | Exchange Company |
| Oct 1, 2014 | Quinnipiac Bank & Trust Company | Bankwell Bank |
| Oct 1, 2014 | Atlanta Bancorporation, Inc. | State Bank Financial Corporation |
| Oct 1, 2014 | Alarion Financial Services, Inc. | Heritage Financial Group, Inc. |
| Oct 1, 2014 | Alarion Bank | Heritage Bank of the South |
| Oct 1, 2014 | Southern Heritage Bancshares, Inc. | First Citizens Bancshares, Inc. |
| Oct 1, 2014 | The Bankshares, Inc. | Seacoast Banking Corporation of Florida |
| Oct 1, 2014 | Permaculture Credit Union | Sandia Area Federal Credit Union |
| Oct 1, 2014 | Essex Credit Corporation | Bank of the West |
| Oct 1, 2014 | Bremer Bank, N.A. | Bremer Bank, National Association |
| Oct 1, 2014 | First Capital West Bankshares, Inc. | Sturm Financial Group, Inc. |
| Oct 1, 2014 | FIA Card Services, N.A. | Bank of America, N.A. |
| Oct 1, 2014 | BankFIRST | Seacoast National Bank |
The list holds 500 of the 704 mergers recorded for 2014.
Enforcement Actions in 2014
| Action date | Agency | Institution | Action |
|---|---|---|---|
| Jan 6, 2014 Released Jan 9, 2014 | FRB | Tioga State Bank | Civil Money Penalty, $4,180: Tioga State Bank, Spencer, New York |
| Jan 3, 2014 | OCC | Citizens Commerce Bancshares, Inc. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Flynn, Michael L. |
| Jan 3, 2014 | OCC | Citizens Commerce Bancshares, Inc. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Soper, John E. |
| Jan 3, 2014 | OCC | Citizens Commerce Bancshares, Inc. | Civil Money Penalty (CMP): Flynn, Michael L. |
| Jan 3, 2014 | OCC | Citizens Commerce Bancshares, Inc. | Civil Money Penalty (CMP): Soper, John E. |
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