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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
Sep 16, 2014 Buffalo Savings Bank IA SENB Bank
Sep 15, 2014 Bank of Belton MO Central Bank of the Midwest
Sep 13, 2014 The Home Building and Loan Company OH Community Savings Bank
Sep 13, 2014 Valley Savings Bank OH Westfield Bank, FSB
Sep 10, 2014 Greenleaf Employees Federal Credit Union PA One Federal Credit Union
Sep 6, 2014 American State Bank of Erskine MN American State Bank of Grygla
Sep 6, 2014 First Wyoming Financial Corporation DE WSFS Financial Corporation
Sep 6, 2014 The First National Bank of Wyoming DE Wilmington Savings Fund Society, FSB
Sep 5, 2014 Nail Workers Credit Union IL Smartchoice Credit Union
Sep 4, 2014 Plumbers & Steamfitters Local 83 Federal Credit Union WV Union Trades Federal Credit Union
Sep 3, 2014 ING National Trust MN Reliance Trust Company of Delaware
Sep 2, 2014 Algodon De Calidad Bancshares, Inc. TX Turner Bancshares, Inc.
Sep 2, 2014 Piney Grove Community Federal Credit Union GA Robins Financial Credit Union
Sep 1, 2014 G.C.I Employees Federal Credit Union PA Earning Tree Federal Credit Union
Sep 1, 2014 Delta Trust and Banking Corporation AR Simmons First National Corporation
Sep 1, 2014 Idaho Banking Company ID D.L. Evans Bank
Sep 1, 2014 FNBR Holding Corporation CO Glacier Bancorp, Inc.
Sep 1, 2014 Central Bancorp, Inc. TX Hanmi Financial Corporation
Sep 1, 2014 Oshkosh Central Credit Union WI Community First Credit Union
Sep 1, 2014 Louisiana Farm Bureau Credit Union LA Pelican Credit Union
Sep 1, 2014 Edco Credit Union IA Financial Plus Credit Union
Sep 1, 2014 American Meter Employees Federal Credit Union PA Tri State Rail Federal Credit Union
Sep 1, 2014 Guidance Church of Religious Science Federal Credit Union CA Fox Federal Credit Union
Sep 1, 2014 Bestsource Credit Union MI Vibe Credit Union
Sep 1, 2014 First National Bank of the Rockies CO Glacier Bank
Sep 1, 2014 United Central Bank TX Hanmi Bank
Sep 1, 2014 Hampton Roads Postal Credit Union, Inc. VA Bayport Federal Credit Union
Sep 1, 2014 Saugusbank, a Co-operative bank MA TruNorth Bank
Aug 31, 2014 School District 40 Employees Credit Union IL Dutrac Community Credit Union
Aug 31, 2014 Local 32 Asbestos Workers Federal Credit Union NJ Affinity Federal Credit Union
Aug 31, 2014 Education Affiliates Federal Credit Union NY McGraw Hill Federal Credit Union
Aug 30, 2014 Rio Grande Masonic Prince Hall Federal Credit Union TX Team Financial Federal Credit Union
Aug 30, 2014 Macon County School Employees Federal Credit Union IL 1st Midamerica Credit Union
Aug 30, 2014 First Bank IA First National Bank Ames, Iowa
Aug 30, 2014 The Rockport National Bank MA Institution for Savings in Newburyport and Its Vicinity
Aug 30, 2014 Bank 1440 AZ Southwest Heritage Bank
Aug 30, 2014 Bank of Palatine IL Pan American Bank & Trust
Aug 23, 2014 Ohio Heritage Bank OH Peoples Bank
Aug 23, 2014 Ohio Heritage Bancorp, Inc. OH Peoples Bancorp Inc.
Aug 22, 2014 Guernsey Bancorp, Inc. OH First Financial Bancorp
Aug 22, 2014 The Guernsey Bank OH First Financial Bank
Aug 21, 2014 Alliance Bancshares, Inc. GA Community & Southern Holdings, Inc.
Aug 20, 2014 Alton and Southern Railroad Employees Federal Credit Union IL Catholic and Community Credit Union
Aug 18, 2014 Cole Taylor Bank IL MB Financial Bank, National Association
Aug 18, 2014 Taylor Capital Group, Inc. IL MB Financial, Inc.
Aug 16, 2014 Bethany Baptist Federal Credit Union NJ First Financial Federal Credit Union
Aug 16, 2014 Generations Bank AL Peoples Bank of Alabama
Aug 16, 2014 First Southern Bancshares, Inc IL Midwest Community Bancshares, Inc.
Aug 16, 2014 Zia Financial Corporation NM South Plains Financial, Inc.
Aug 16, 2014 City Bank New Mexico NM City 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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