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
Jul 1, 2014	Arcadia City Federal Credit Union	CA	Foothill Federal Credit Union
Jul 1, 2014	P.M.H. Credit Union	VT	Vermont State Employees Credit Union
Jul 1, 2014	Fred Meyer Employees Federal Credit Union	OR	Northwest Community Credit Union
Jul 1, 2014	Postal Credit Union of FDL	WI	Fond Du Lac Credit Union
Jul 1, 2014	Norfolk Southern Employees Credit Union	VA	N a E Federal Credit Union
Jul 1, 2014	FirstBank	MI	Mercantile Bank
Jul 1, 2014	Sequoia Hospital Employees Federal Credit Union	CA	Upward Credit Union
Jul 1, 2014	Coastal Bankshares, Inc.	GA	Ameris Bancorp
Jul 1, 2014	Keystone Community Bank	MI	Mercantile Bank
Jul 1, 2014	First Security Trust Bank, Inc.	KY	Commonwealth Bank and Trust Company
Jul 1, 2014	Bay Bank	AL	The First Bank
Jul 1, 2014	BCB Holding Company, Inc.	AL	The First Bancshares, Inc.
Jul 1, 2014	TCF Equipment Finance, Inc.	MN	TCF National Bank
Jul 1, 2014	Douglas County Bancshares, Inc.	MN	Peoples Bankshares, Inc.
Jul 1, 2014	Community National Bank of the Lakeway Area	TN	TriSummit Bank
Jul 1, 2014	Colonial Virginia Bank	VA	Xenith Bank
Jul 1, 2014	MidSouth Bank	TN	Franklin Synergy Bank
Jul 1, 2014	Berkshire Bank Municipal Bank	NY	Berkshire Bank
Jul 1, 2014	First Private Bank of Texas	TX	Iberiabank
Jul 1, 2014	First Private Holdings, Inc.	TX	Iberiabank Corporation
Jul 1, 2014	ConnectOne Bancorp, Inc.	NJ	ConnectOne Bancorp, Inc.
Jun 30, 2014	Tri-Co Federal Credit Union	NJ	Visions Federal Credit Union
Jun 30, 2014	Mountain Valley Bancshares, Inc.	CO	Platte Valley Financial Service Companies, Inc.
Jun 30, 2014	Local 194-6 Federal Credit Union	NJ	Raritan Bay Federal Credit Union
Jun 30, 2014	Atlas Bank	NY	Kearny Bank
Jun 30, 2014	Nixon State Bank	TX	Heritage Bank
Jun 30, 2014	Marion Memorial Hospital Credit Union	IL	Siu Credit Union
Jun 29, 2014	Ashworth Credit Union	IA	Veridian Credit Union
Jun 28, 2014	Healthcare Family Federal Credit Union	MD	Patriot Federal Credit Union
Jun 28, 2014	West Texas Bancshares, Inc.	TX	West Texas State Bank
Jun 26, 2014	Private Bank Minnesota	MN	Alerus Financial, N.A.
Jun 24, 2014	Verity Bank	GA	Community & Southern Bank
Jun 21, 2014	Western National Bank	TX	Frost Bank
Jun 14, 2014	First National Security Company	AR	Bear State Financial, Inc.
Jun 14, 2014	PWB Bancshares, Inc.	WI	Stephenson National Bancorp, Inc.
Jun 7, 2014	State Bank and Trust Company, Dallas	TX	Meridian Bank Texas
Jun 6, 2014	Big SKY Holding Company	MT	Stockman Financial Corporation
Jun 2, 2014	CY-Co Federal Credit Union	LA	Xplore Federal Credit Union
Jun 2, 2014	First Southern Bancorp, Inc.	FL	Centerstate Bank Corporation
Jun 2, 2014	Pensacola Federal Employees Federal Credit Union	FL	MY Pensacola Federal Credit Union
Jun 2, 2014	Newington Va Federal Credit Union	CT	Hartford Federal Credit Union
Jun 2, 2014	First Southern Bank	FL	SouthState Bank, N.A.
Jun 1, 2014	Premier Services Credit Union	UT	Cyprus Federal Credit Union
Jun 1, 2014	Teche Holding Company	LA	Iberiabank Corporation
Jun 1, 2014	Flint River National Bank	GA	Five Star Credit Union
Jun 1, 2014	Harrington Bank, FSB	NC	Bank of North Carolina
Jun 1, 2014	Saint Mary's Federal Credit Union	TX	Empowerment Community Development Federal Credit Union
Jun 1, 2014	FirstBank Corporation	MI	Mercantile Bank Corporation
Jun 1, 2014	Community First Financial Group, Inc.	NC	BNC Bancorp
Jun 1, 2014	V a R O No. 319 Federal Credit Union	SC	Caro Federal Credit Union

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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