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