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 |
|---|---|---|
| Aug 16, 2014 | Connecticut River Bancorp, Inc. | Clearnorth Financial Mutual Holding Company |
| Aug 16, 2014 | Associated Commericial Finance, Inc. | Associated Bank, N.A. |
| Aug 16, 2014 | First Southern Bank | First Southern Bank |
| Aug 16, 2014 | The Citizens State Bank | The Bank |
| Aug 16, 2014 | Peoples State Bank of Bloomer | Security Financial Bank |
| Aug 16, 2014 | First National Bank of Chillicothe | Better Banks |
| Aug 16, 2014 | The First National Bank of Herman | Kensington Bank |
| Aug 16, 2014 | Connecticut River Bank, National Association | Mascoma Bank |
| Aug 9, 2014 | First National Bank in Wewoka | Patrons Bank, N.A. |
| Aug 9, 2014 | First Bank of Miami Shares, Inc. | Apollo Bancshares, Inc. |
| Aug 9, 2014 | Alpena Banking Corporation | First Federal of Northern Michigan Bancorp, Inc. |
| Aug 9, 2014 | Bank of Alpena | First Federal of Northern Michigan |
| Aug 9, 2014 | First Bank of Miami | Apollo Bank |
| Aug 9, 2014 | Simmons First Bank of Eldorado | Simmons Bank |
| Aug 9, 2014 | Simmons First Bank of Russellville | Simmons Bank |
| Aug 9, 2014 | Simmons First Bank of South Arkansas | Simmons Bank |
| Aug 8, 2014 | The First Bexley Bank | First Financial Bank |
| Aug 8, 2014 | Insight Bank | First Financial Bank |
| Aug 6, 2014 | Peoples Service Company | Southern Missouri Bancorp, Inc. |
| Aug 6, 2014 | Peoples Banking Company | Southern Missouri Bancorp, Inc. |
| Aug 2, 2014 | First Security Bank & Trust Company | The Stockton National Bank |
| Aug 2, 2014 | Staun Bancorp, Inc. | Spring Bancorp, Inc. |
| Aug 2, 2014 | First Community State Bank | Bank of Springfield |
| Aug 1, 2014 | Bethel a M E Church Federal Credit Union | Frankenmuth Credit Union |
| Aug 1, 2014 | Bank of Commerce | HomeTrust Bank |
| Aug 1, 2014 | Prosperity Holdings of Delaware, LLC | Prosperity Bancshares, Inc. |
| Aug 1, 2014 | Mountain West Financial Corp. | First Interstate Bancsystem, Inc. |
| Aug 1, 2014 | (unnamed) | Old National Bank |
| Aug 1, 2014 | United Bancorp, Inc. | Old National Bancorp |
| Aug 1, 2014 | Banque of Maringouin Holding Company, Inc. | Great Guaranty Bancshares, Inc. |
| Aug 1, 2014 | First Amherst Bancshares, Inc. | South Texas Bancshares, Inc. |
| Aug 1, 2014 | Muskegon Consumers Power Employees Credit Union | Best Financial Credit Union |
| Aug 1, 2014 | State Employees Credit Union | First Florida Credit Union |
| Aug 1, 2014 | Bethel Community Federal Credit Union | Wright-Patt Credit Union, Inc. |
| Aug 1, 2014 | NBC Employees Federal Credit Union | Premier America Credit Union |
| Aug 1, 2014 | Prince George's Federal Savings Bank | Primis Bank |
| Aug 1, 2014 | Delaware First Federal Credit Union | Dexsta Federal Credit Union |
| Aug 1, 2014 | Ringgold School Employees Federal Credit Union | Valley 1st Community Federal Credit Union |
| Aug 1, 2014 | Paco Federal Credit Union | Acme Federal Credit Union |
| Aug 1, 2014 | United Bank & Trust | Old National Bank |
| Aug 1, 2014 | The First National Bank of Amherst | First State Bank |
| Aug 1, 2014 | Deseret News Employees Credit Union | American United Federal Credit Union |
| Aug 1, 2014 | 2nd Baptist Church Federal Credit Union of Ann Arbor | University of Michigan Credit Union |
| Aug 1, 2014 | Cwu Federal Credit Union | Washington State Employees Credit Union |
| Aug 1, 2014 | Greater Institutional a M E Church Credit Union | Sherwin Williams Employees Credit Union |
| Aug 1, 2014 | Paducah City Employees Credit Union | Signet Federal Credit Union |
| Aug 1, 2014 | Monroe County Bank | United Bank |
| Aug 1, 2014 | Taylor Model Basin Federal Credit Union | Constellation Federal Credit Union |
| Jul 31, 2014 | Greater West Haven Federal Credit Union | Usalliance Federal Credit Union |
| Jul 31, 2014 | Pittsburgh Pepsi Cola Federal Credit Union | Usx Federal Credit Union |
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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