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
Jun 1, 2014	Teche Federal Bank	LA	Iberiabank
Jun 1, 2014	H D York Federal Credit Union	PA	White Rose Credit Union
Jun 1, 2014	Crane Gulf Federal Credit Union	TX	1st Community Federal Credit Union
Jun 1, 2014	Sir Federal Credit Union	MI	Honor Credit Union dba Honor Investment Services
Jun 1, 2014	Logan City Employees Credit Union	UT	New Heights Federal Credit Union
Jun 1, 2014	Hospitality Federal Credit Union	TN	Intouch Credit Union
Jun 1, 2014	Boise U S Employees Federal Credit Union	ID	Icon Credit Union
Jun 1, 2014	FMC Technologies Federal Credit Union	TX	Texas Dow Employees Credit Union
Jun 1, 2014	FamilyFirst Bank	MA	North Brookfield Savings Bank
Jun 1, 2014	Bloom Township High School Credit Union	IL	Heights Auto Workers Credit Union
May 31, 2014	The First National Bank of Wellston	OH	Peoples Bank
May 31, 2014	Jefferson Bancshares, Inc.	TN	HomeTrust Bancshares, Inc.
May 31, 2014	Midwest Bancshares, Inc.	OH	Peoples Bancorp Inc.
May 31, 2014	Team Capital Bank	PA	Provident Bank
May 31, 2014	C Bar M, Inc.	TX	Pioneer Bancshares, Inc.
May 31, 2014	WNB Bancshares, Inc.	TX	Cullen/Frost Bankers, Inc.
May 31, 2014	Union State Bank	TX	Pioneer Bank, SSB
May 31, 2014	Reliance Trust Company	GA	Tmi Trust Company
May 31, 2014	Jefferson Federal Bank	TN	HomeTrust Bank
May 31, 2014	Tri-State Federal Credit Union	PA	Clearview Federal Credit Union
May 31, 2014	Security Bank Waconia	MN	Security Bank & Trust Company
May 31, 2014	Pittsburg Employees Federal Credit Union	CA	1st Northern California Credit Union
May 31, 2014	Saint Pascal Parish Credit Union	MN	Saint Paul Federal Credit Union
May 31, 2014	Essex Division Telephone Federal Credit Union	NJ	Garden Savings Federal Credit Union
May 31, 2014	Laclede Community Credit Union	IL	1st Midamerica Credit Union
May 29, 2014	Wells Fargo Financing Corporation	CA	WFC Holdings, LLC
May 24, 2014	Minnwest Bank Metro	MN	Minnwest Bank
May 24, 2014	Minnwest Bank Sioux Falls	SD	Minnwest Bank
May 24, 2014	Minnwest Capital Corporation	MN	Minnwest Bank
May 24, 2014	Minndata, Incorporated	MN	Minnwest Bank
May 24, 2014	Monroe Bancshares, Ltd.	IA	Leighton Investment Company
May 24, 2014	Aumanchester, Inc.	MN	Minnwest Corporation
May 24, 2014	Minnwest Bank Luverne	MN	Minnwest Bank
May 24, 2014	Monroe State Bank	IA	Leighton State Bank
May 24, 2014	Minnwest Bank South	MN	Minnwest Bank
May 24, 2014	Minnwest Bank Central	MN	Minnwest Bank
May 17, 2014	Bay View Federal Savings and Loan Association	WI	First Federal Bank of Wisconsin
May 17, 2014	Home Federal Bancorp, Inc.	ID	Cascade Bancorp
May 17, 2014	Summit Bancorp, Inc.	AR	Bank of the Ozarks Inc
May 17, 2014	Simmons First Bank of Hot Springs	AR	Simmons Bank
May 17, 2014	Summit Bank	AR	Bank OZK
May 17, 2014	Home Federal Bank	ID	Bank of the Cascades
May 17, 2014	Simmons First Bank of Searcy	AR	Simmons Bank
May 17, 2014	American State Bank of Pierre	SD	American Bank & Trust
May 17, 2014	Simmons First Bank of Northeast Arkansas	AR	Simmons Bank
May 16, 2014	American Security Bank	CA	Citizens Business Bank, N.A.
May 15, 2014	Bloomer Bancshares, Inc.	WI	Security Financial Services Corporation
May 10, 2014	Republic Bank	FL	Republic Bank & Trust Company
May 10, 2014	StellarOne Bank	VA	Atlantic Union Bank
May 8, 2014	Investors Bancorp, Inc.	NJ	Investors 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

Browse adjacent years: 2013 · 2015

Or jump to a category: Failures · Mergers · Enforcement · Assistance