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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
Oct 1, 2014 Houston City Bancshares, Inc. TX Independent Bank Group, Inc.
Oct 1, 2014 First Citizens Bancorporation, Inc. SC First Citizens Bancshares, Inc.
Oct 1, 2014 NexTier Incorporated PA NexTier Incorporated
Oct 1, 2014 Bremer Bank, National Association ND Bremer Bank, National Association
Oct 1, 2014 Bremer Bank, National Association MN Bremer Bank, National Association
Oct 1, 2014 Butte Federal Credit Union CA Self-Help Federal Credit Union
Oct 1, 2014 Vamco Credit Union IL Partnership Financial Credit Union
Oct 1, 2014 Capital West Bank WY ANB Bank
Oct 1, 2014 Employees Savings Credit Union AL Alabama State Employees Credit Union
Oct 1, 2014 State Bank of Niantic IL Scott State Bank
Oct 1, 2014 Boulder Municipal Employees Federal Credit Union CO Community Financial Credit Union
Oct 1, 2014 Midwest Associates Federal Credit Union OH Kemba Credit Union, Inc.
Oct 1, 2014 Credit Union One WI Glacier Hills Credit Union
Oct 1, 2014 Saint Joseph Cold Spring Federal Credit Union KY Cove Federal Credit Union
Oct 1, 2014 D'Hanis State Bank TX Vantage Bank Texas
Oct 1, 2014 New Jersey Bureau of Parole Employee Credit Union NJ First Point Federal Credit Union
Oct 1, 2014 Bank of Atlanta GA State Bank and Trust Company
Oct 1, 2014 Bremer Bank, National Association WI Bremer Bank, National Association
Oct 1, 2014 Westside Employees Federal Credit Union CA Southland Credit Union
Oct 1, 2014 Houston Community Bank, National Association TX Independent Bank
Oct 1, 2014 Norsco Federal Credit Union PA Trumark Credit Union
Oct 1, 2014 Keytrust Company N.A. AK KeyBank N.A.
Oct 1, 2014 Ibw Employees Federal Credit Union PA Ne Pa Community Federal Credit Union
Oct 1, 2014 Southwest Michigan Federal Credit Union MI Advia Credit Union
Oct 1, 2014 NexTier Bank, National Association PA NexTier Bank, N.A.
Oct 1, 2014 Bremer Bank, National Association MN Bremer Bank, National Association
Oct 1, 2014 Bremer Bank, N.A. MN Bremer Bank, National Association
Oct 1, 2014 Saint Joseph Mercy Hospital Pontiac Federal Credit Union MI Credit Union One
Oct 1, 2014 Stone Tyler Employees Federal Credit Union TX Kelly Community Federal Credit Union
Oct 1, 2014 The First National Bank and Trust Company of Junction City, Kansas KS Exchange Bank
Oct 1, 2014 Bremer Bank, National Association MN Bremer Bank, National Association
Oct 1, 2014 Fidelity Federal Credit Union GA Membersfirst Credit Union
Oct 1, 2014 San Antonio Water System Federal Credit Union TX Generations Community Federal Credit Union
Oct 1, 2014 D.T&I Employees Credit Union MI Nupath Community Credit Union
Oct 1, 2014 South Western Federal Credit Union CA Credit Union of Southern California, a Federal Credit Union
Oct 1, 2014 Endura Financial Federal Credit Union MN Connexus Credit Union
Oct 1, 2014 Tarcana Credit Union KY Advanz Federal Credit Union
Sep 30, 2014 River City Community Credit Union WI Marine Credit Union
Sep 30, 2014 Sangamo Chapter Credit Union IL Land of Lincoln Credit Union
Sep 30, 2014 Compaction America Federal Credit Union IL I. H. Mississippi Valley Credit Union
Sep 30, 2014 City of Trenton Employees Credit Union NJ Credit Union of New Jersey
Sep 30, 2014 Great American Bank KS Great American Bank
Sep 30, 2014 Elizabeth City Coast Guard Employees Credit Union NC Navy Federal Credit Union
Sep 23, 2014 Western Valley Federal Credit Union CA California Community Credit Union
Sep 20, 2014 Marshall County State Bank IL Hickory Point Bank and Trust
Sep 20, 2014 Oba Financial Services, Inc. MD F.N.B. Corporation
Sep 20, 2014 Alliance National Bank GA Community & Southern Bank
Sep 20, 2014 Medina Bankshares, Inc. TX Vantage Bancorp, Inc.
Sep 20, 2014 OBA Bank MD First National Bank of Pennsylvania
Sep 20, 2014 Chickasha Bank & Trust Company OK Liberty 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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