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
May 8, 2014	Clay County Farm Bureau Cooperative Credit Union	IN	Western Indiana Credit Union
May 3, 2014	Quitman Bancorporation of Delaware, Inc.	DE	BT Holdings, Inc.
May 3, 2014	Mission Oaks Bancorp	CA	Altapacific Bancorp
May 3, 2014	Mission Oaks National Bank	CA	AltaPacific Bank
May 3, 2014	The First National Bank of Ogden	IL	Longview Bank
May 1, 2014	Martinsville Postal Credit Union	VA	Valleystar Credit Union
May 1, 2014	United Financial Bancorp, Inc.	MA	United Financial Bancorp, Inc.
May 1, 2014	Orange Bank of Florida	FL	Floridian Bank
May 1, 2014	Provident Community Bancshares, Inc.	SC	Park Sterling Corporation
May 1, 2014	Washington Banking Company	WA	Heritage Financial Corporation
May 1, 2014	Best Advantage Credit Union	WI	Verve a Credit Union
May 1, 2014	Provident Community Bank, National Association	SC	Park Sterling Bank
May 1, 2014	Cowlitz Credit Union	WA	Red Canoe Credit Union
May 1, 2014	Tombstone Federal Credit Union	AZ	Vantage West Credit Union
May 1, 2014	Resources Federal Credit Union	VA	Peoples Advantage Federal Credit Union
May 1, 2014	B a E Credit Union	IL	Partnership Financial Credit Union
May 1, 2014	Lakeview Credit Union	WI	Verve a Credit Union
May 1, 2014	North Hollywood Federal Credit Union	CA	Postcity Financial Credit Union
May 1, 2014	United Bank	MA	United Bank
May 1, 2014	Whidbey Island Bank	WA	Heritage Bank
Apr 30, 2014	Keystone First Federal Credit Union	PA	Gold Credit Union
Apr 26, 2014	Bank on It, Inc.	CA	United Business Bank
Apr 26, 2014	Community Bank of San Joaquin	CA	United Business Bank
Apr 26, 2014	Tower Financial Corporation	IN	Old National Bancorp
Apr 26, 2014	Tower Bank & Trust Company	IN	Old National Bank
Apr 26, 2014	Great Plains National Bank	ND	Choice Financial Group
Apr 26, 2014	Midwest City Credit Union	OK	Oklahoma Federal Credit Union
Apr 26, 2014	The First National Bank of Byers	TX	Fidelity Bank
Apr 26, 2014	First Valley Bank	MT	Citizens Alliance Bank
Apr 19, 2014	Sterling Savings Bank	WA	Columbia Bank
Apr 19, 2014	Sterling Financial Corporation	WA	Umpqua Holdings Corporation
Apr 17, 2014	Verity Capital Group, Inc.	GA	Community & Southern Holdings, Inc.
Apr 16, 2014	Boh Holdings, Inc.	TX	Independent Bank Group, Inc.
Apr 16, 2014	Bank of Houston	TX	Independent Bank
Apr 12, 2014	First National Bank and Trust	WI	Central Bank
Apr 12, 2014	First Financial Holdings, Inc.	MN	Central Bancshares, Inc.
Apr 12, 2014	First Trust and Savings Bank, Oneida, Tennessee	TN	United Cumberland Bank
Apr 8, 2014	Capitalsource Bank	CA	Banc of California
Apr 5, 2014	Bank of Gassaway	WV	Premier Bank, Inc.
Apr 5, 2014	Gassaway Bancshares, Inc.	WV	Premier Bank, Inc.
Apr 5, 2014	The First National Bank of Starbuck	MN	AmericanWest Bank
Apr 5, 2014	Franklin Security Bancorp, Inc.	PA	Essa Bancorp, Inc.
Apr 5, 2014	Forest Commercial Bank	NC	Carolina Alliance Bank
Apr 5, 2014	Odem Financial Corporation	NV	Odem Bancshares, Inc.
Apr 5, 2014	Union Holding Delaware, Inc.	DE	C Bar M, Inc.
Apr 5, 2014	Franklin Security Bank	PA	ESSA Bank & Trust
Apr 3, 2014	SCB Bancorp, Inc.	MI	Horizon Bancorp, Inc.
Apr 3, 2014	Summit Community Bank	MI	Horizon Bank
Apr 1, 2014	Bank of Marquette	NE	Cornerstone Bank
Apr 1, 2014	Alaska Pacific Bancshares, Inc.	AK	Northrim Bancorp, Inc.

The list holds 500 of the 704 mergers recorded for 2014.

Enforcement Actions in 2014

Action date	Agency	Institution	Action
Dec 17, 2014	OCC	SCB Bank	Prohibition/Removal Orders: Collier, Randy
Dec 17, 2014	OCC	First National Bank PLC	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): First National Bank
Dec 17, 2014	OCC	SCB Bank	C&D or PC&D Requiring Restitution: Collier, Randy
Dec 8, 2014	FRB	Regions Bank	Section 19 Letters: Howayda Hamdan
Dec 8, 2014	OCC	The First National Bank of Niagara	Civil Money Penalty (CMP): Gunville, Robert
Dec 2, 2014	FRB	Ally Bank	Section 19 Letters: Jube J. Wilson
Dec 1, 2014	OCC	Lake National Bank	Civil Money Penalty (CMP): Lake National Bank
Nov 26, 2014 Released Dec 4, 2014	FRB	Tennessee State Bank	Civil Money Penalty, $22,155: Tennessee State Bank, Pigeon Forge, Tennessee
Nov 20, 2014	OCC	Manhattan Bancorp	Formal Agreement: Bank of Manhattan, National Association
Nov 19, 2014	OCC	First Scottsdale Bank, N.A.	Formal Agreement: First Scottsdale Bank, National Association
Nov 18, 2014	OCC	Hometown National Bank	C&D or PC&D Requiring Restitution: Widmer, William J.
Nov 18, 2014	OCC	Solera National Bank	Formal Agreement: Solera National Bank
Nov 18, 2014	OCC	Hometown National Bank	Prohibition/Removal Orders: Widmer, William J.
Nov 17, 2014	OCC	F&M Bank and Trust Company	Civil Money Penalty (CMP): Plowman, B. Stevens
Nov 13, 2014	FRB	Marshall Bank, N.A.	Section 19 Letters: Aaron David Jones
Nov 12, 2014	OCC	First National Bank	Prohibition/Removal Orders: Fleming, Alan Robert
Nov 11, 2014	OCC	JPMorgan Chase Bank, N.A.	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): JPMorgan Chase Bank, National Association
Nov 11, 2014	OCC	Citibank, N.A.	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Citibank, National Association
Nov 11, 2014	OCC	Bank of America, N.A.	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Bank of America, National Association
Nov 11, 2014	OCC	JPMorgan Chase Bank, N.A.	Civil Money Penalty (CMP): JPMorgan Chase Bank, National Association
Nov 11, 2014	OCC	Citibank, N.A.	Civil Money Penalty (CMP): Citibank, National Association
Nov 11, 2014	OCC	Bank of America, N.A.	Civil Money Penalty (CMP): Bank of America, National Association
Nov 6, 2014 Released Nov 13, 2014	FRB	Pointbank	Civil Money Penalty, $8,810: PointBank, Pilot Point, Texas
Nov 6, 2014	OCC	Certusbank, N.A.	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Certusbank, National Association
Nov 6, 2014	OCC	Capital One Bank (USA), N.A.	Civil Money Penalty (CMP): Capital One Bank (USA), National Association
Nov 6, 2014	OCC	Capital One, N.A.	Civil Money Penalty (CMP): Capital One, National Association
Oct 29, 2014	OCC	American Bank	Notice of Charges: Plack, James
Oct 27, 2014 Released Oct 28, 2014	FRB	Bank of Texas	Civil Money Penalty, $8,000: Bank of Texas, Midland, Texas
Oct 22, 2014	FRB	Bank of Clark County	Section 19 Letters: Laura H. Lloyd
Oct 22, 2014 Released Oct 28, 2014	FRB	(individual)	Civil Money Penalty, $6,395: Centennial Bank, Lubbock, Texas
Oct 21, 2014	OCC	Polonia Bancorp, Inc	Formal Agreement: Polonia Bank
Oct 16, 2014	OCC	Gibraltar Private Bank & Trust Co.	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Gibraltar Private Bank & Trust Co.
Oct 16, 2014	OCC	Inter National Bank	C&D or PC&D Requiring Restitution: Myska, Ginger
Oct 16, 2014	OCC	Inter National Bank	Civil Money Penalty (CMP): Myska, Ginger
Oct 16, 2014	OCC	Inter National Bank	Prohibition/Removal Orders: Myska, Ginger
Oct 16, 2014	OCC	Inter National Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Myska, Ginger
Oct 15, 2014	FRB	Pierce Commercial Bank	Section 19 Letters: Angel Young
Oct 8, 2014	OCC	Fort Lee Federal Savings Bank, FSB	Notice of Charges: Kostakopoulos, Yasemin
Oct 8, 2014	OCC	Fort Lee Federal Savings Bank, FSB	Notice of Charges: Kostakopoulos, Haralambos S.
Oct 7, 2014	OCC	Malvern Federal Savings Bank	Formal Agreement: Malvern Federal Savings Bank
Oct 6, 2014	OCC	PNC Bank, N.A.	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): PNC Bank, National Association
Oct 6, 2014	OCC	PNC Bank, N.A.	Civil Money Penalty (CMP): PNC Bank, National Association
Oct 6, 2014	OCC	PNC Bank, N.A.	C&D or PC&D Requiring Restitution: PNC Bank, National Association
Oct 3, 2014	OCC	Colorado Federal Savings Bank	Formal Agreement: Colorado Federal Savings Bank
Oct 2, 2014 Released Oct 7, 2014	FRB	Fayette County Bank	Prompt Corrective Action: Fayette County Bank, St. Elmo, Illinois
Oct 2, 2014	FRB	Union First Market Bank	Section 19 Letters: Lauren C. Brown
Oct 1, 2014	OCC	Helena National Bank	Civil Money Penalty (CMP): Helena National Bank
Sep 26, 2014	OCC	Trustmark National Bank	Prohibition/Removal Orders: Hernandez, Jesus
Sep 24, 2014	OCC	U.S. Bank N.A.	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): U.S. Bank National Association
Sep 24, 2014	OCC	U.S. Bank N.A.	Civil Money Penalty (CMP): U.S. Bank National Association

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