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 |
|---|---|---|
| Jul 29, 2014 | Ibew 466 Federal Credit Union | Union Trades Federal Credit Union |
| Jul 28, 2014 | First National Bank South Dakota | First National Bank of Omaha |
| Jul 26, 2014 | Select Bank & Trust Company | Select Bank & Trust Company |
| Jul 26, 2014 | State Bank of Gibbon | Minnwest Bank |
| Jul 26, 2014 | Select Bancorp, Inc. | Select Bancorp Inc. |
| Jul 24, 2014 | Moorhead Teachers Credit Union | Magnifi Financial Credit Union |
| Jul 19, 2014 | First National Bank of Holcomb | American State Bank & Trust Company |
| Jul 19, 2014 | Wheeling-Pittsburgh Steel Office Federal Credit Union | Teamsters Local 697 Federal Credit Union |
| Jul 18, 2014 | Florida Traditions Bank | Centennial Bank |
| Jul 14, 2014 | GSB Bancshares of Nevada, Inc. | GSB Bancshares, Inc. |
| Jul 12, 2014 | Basin State Bank | Stockman Bank of Montana |
| Jul 12, 2014 | Patriot Bank | First State Bank |
| Jul 12, 2014 | Farmers Savings Bank | Libertyville Savings Bank |
| Jul 12, 2014 | JGB Bank, N.A. | Sabadell United Bank, National Association |
| Jul 4, 2014 | Vantagesouth Bank | Yadkin Bank |
| Jul 4, 2014 | Vantagesouth Bancshares Inc. | Yadkin Financial Corporation |
| Jul 4, 2014 | Piedmont Community Bank Holdings, Inc. | Yadkin Financial Corporation |
| Jul 1, 2014 | SJB Federal Credit Union | Alltrust Credit Union |
| Jul 1, 2014 | Union Center National Bank | ConnectOne Bank |
| Jul 1, 2014 | Pinnacle Credit Union | Public Service Credit Union |
| Jul 1, 2014 | Lawrence Postal Employees Credit Union | Brightbridge Credit Union |
| Jul 1, 2014 | I T T Employees Fort Wayne Division Federal Credit Union | Fort Financial Federal Credit Union |
| Jul 1, 2014 | Grove Community Federal Credit Union | Corning Federal Credit Union |
| Jul 1, 2014 | The Coastal Bank | Ameris Bank |
| Jul 1, 2014 | Gateway Community Federal Credit Union | Park Side Financial Credit Union |
| Jul 1, 2014 | C G H Federal Credit Union | Allegheny Kiski Postal Federal Credit Union |
| Jul 1, 2014 | Eastern Pittsburgh Bell Federal Credit Union | Allegent Community Federal Credit Union |
| Jul 1, 2014 | Island Tradition Federal Credit Union | Hawaiian Financial Federal Credit Union |
| Jul 1, 2014 | Kokomo Post Office Credit Union | Solidarity Community Federal Credit Union |
| Jul 1, 2014 | Lorain School Employees Credit Union, Inc. | Achieve Credit Union, Inc. |
| Jul 1, 2014 | River City United Credit Union | Alabama Credit Union |
| Jul 1, 2014 | Federal Employees Credit Union | Collins Community Credit Union |
| Jul 1, 2014 | IBM Pittsburgh Federal Credit Union | Usx Federal Credit Union |
| Jul 1, 2014 | I and M Tanners Creek Employees Federal Credit Union | Dearborn County Federal Credit Union |
| Jul 1, 2014 | Jeffso Credit Union | Jefferson Parish Employees Federal Credit Union |
| Jul 1, 2014 | Lacamas Community Credit Union | Iq Credit Union |
| Jul 1, 2014 | Utility Employees La Salle Service Area Credit Union | Financial Plus Credit Union |
| Jul 1, 2014 | Members Alliance Federal Credit Union | Center Parc Credit Union |
| Jul 1, 2014 | P S Burlington Employees Federal Credit Union | Edifi Federal Credit Union |
| Jul 1, 2014 | New Trier Federal Credit Union | Partnership Financial Credit Union |
| Jul 1, 2014 | Houston Chronicle Employees Federal Credit Union | People's Trust Federal Credit Union |
| Jul 1, 2014 | Cohoes City Employees Credit Union | Hudson River Community Credit Union |
| Jul 1, 2014 | Nafco Nebraska Federal Credit Union | Cobalt Federal Credit Union |
| Jul 1, 2014 | Greater Minnesota Credit Union | Blaze Credit Union |
| Jul 1, 2014 | Pioneer Credit Union | Capital Credit Union |
| Jul 1, 2014 | U.S. Engineers L.A. Federal Credit Union | Los Angeles Federal Credit Union |
| Jul 1, 2014 | Bi-Mart Federal Credit Union | Oregon Community Credit Union |
| Jul 1, 2014 | Kanabec State Bank | First Citizens Bank |
| Jul 1, 2014 | La Farge State Bank | Farmers State Bank |
| Jul 1, 2014 | Community Driven Credit Union | People Driven 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. |
Browse adjacent years: 2013 · 2015
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