Calendar Year

2015 in US Banking

974 bank events are on record for 2015: 8 failures, 766 mergers or acquisitions involving a bank, credit union or bank holding company, and 200 enforcement actions.

Failures

$6.71B in failed assets

766

Mergers

Federal Reserve NIC, banking organizations

200

Enforcement

OCC, FDIC, FRB, OTS and SEC 8-K filings

Jump to: Bank failures 2015 · Bank mergers 2015

How many banks failed in 2015?

8 banks failed in 2015, with $6.71B in assets. Each failure below links to its own page.

Date	Bank	HQ	Assets	Acquirer or resolution
Oct 2, 2015	The Bank of Georgia	Peachtree City, GA	$286.1M	Fidelity Bank
Oct 2, 2015	Hometown National Bank	Longview, WA	$3.8M	Twin City Bank
Jul 10, 2015	Premier Bank	Denver, CO	$26.8M	United Fidelity Bank, FSB
May 8, 2015	Edgebrook Bank	Chicago, IL	$90.0M	Republic Bank of Chicago
Feb 27, 2015	Doral Bank	San Juan, PR	$5.90B	Banco Popular de Puerto Rico
Feb 13, 2015	Capitol City Bank & Trust Company	Atlanta, GA	$272.3M	First-Citizens Bank & Trust Company
Jan 23, 2015	Highland Community Bank	Chicago, IL	$54.7M	United Fidelity Bank, FSB
Jan 16, 2015	First National Bank of Crestview	Crestview, FL	$73.8M	First NBC Bank

Which banks merged in 2015?

766 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 2015.

See the fuller list: Bank mergers 2015 with largest deals and credit union mergers ›

Date	Acquired	St	Acquirer
Dec 31, 2015	Central Electric Credit Union	MO	Missouri Electric Cooperative Credit Union
Dec 31, 2015	Sunwest Bancorp, Inc.	CA	Sunwest Bank
Dec 31, 2015	Prosper Bancshares, Inc.	TX	Henderson Texas Bancshares, Inc.
Dec 31, 2015	Zions Trust, N.A.	UT	Zions Bancorporation, N.A.
Dec 31, 2015	Amegy Corporation	TX	Zions Bancorporation
Dec 31, 2015	The Commerce Bank of Washington, National Association	WA	Zions Bancorporation, N.A.
Dec 31, 2015	Zions Management Services Company	UT	Zions Bancorporation, N.A.
Dec 31, 2015	National Bank of Arizona	AZ	Zions Bancorporation, N.A.
Dec 31, 2015	Vectra Bank Colorado, National Association	NM	Zions Bancorporation, N.A.
Dec 31, 2015	California Bank & Trust	CA	Zions Bancorporation, N.A.
Dec 31, 2015	Sony San Diego Employees Federal Credit Union	CA	North County Credit Union
Dec 31, 2015	Amegy Bank National Association	TX	Zions Bancorporation, N.A.
Dec 31, 2015	Nevada State Bank	NV	Zions Bancorporation, N.A.
Dec 29, 2015	Afi US LLC	MI	Ally Financial Inc.
Dec 24, 2015	Mother Lode Bank	CA	Oak Valley Community Bank
Dec 22, 2015	Parkway Bank	AR	The Citizens Bank
Dec 15, 2015	Saint Marys Assumption Parish Federal Credit Union	OH	Sun Federal Credit Union
Dec 14, 2015	Hattiesburg-Laurel Federal Credit Union	MS	Centuryfirst Federal Credit Union
Dec 12, 2015	The First National Bank of Fredericksburg	PA	First Citizens Community Bank
Dec 12, 2015	Sutter Community Bank	CA	Suncrest Bank
Dec 12, 2015	MBC Financial Corp.	IL	SENB Bank
Dec 12, 2015	First State Bank of Fertile	MN	Red River State Bank
Dec 5, 2015	Ogs Investments, Inc.	FL	HCBF Holding Company, Inc.
Dec 5, 2015	Satuit Bancorp, Inc	MA	South Shore Mutual Holding Company
Dec 5, 2015	Nuvo Bank & Trust Company	MA	Merchants Bank
Dec 5, 2015	Eagle National Bancorp, Inc.	PA	Essa Bancorp, Inc.
Dec 5, 2015	South Shore Mutual Holding Company	MA	South Shore Mutual Holding Company
Dec 5, 2015	Regal Bancorp, Inc.	MD	Old Line Bancshares, Inc.
Dec 5, 2015	The Peoples' Bank of Arlington Heights	IL	First Midwest Bank
Dec 5, 2015	Florida Citizens Bank	FL	Harbor Community Bank
Dec 5, 2015	Oneida Financial Corp.	NY	Community Financial System, Inc.
Dec 5, 2015	Peoples Bancorp Inc. of Bullitt County	KY	First Capital, Inc
Dec 5, 2015	State Service Credit Union	IN	Elements Financial Federal Credit Union
Dec 5, 2015	New Bancshares, Inc.	WI	Baylake Corp.
Dec 5, 2015	East Dubuque Savings Bank	IA	Fidelity Bank & Trust
Dec 5, 2015	Eagle National Bank	PA	ESSA Bank & Trust
Dec 5, 2015	Hampton State Bank	IA	First Security Bank and Trust Company
Dec 5, 2015	The Oneida Savings Bank	NY	Community Bank, N.A.
Dec 5, 2015	Regal Bank & Trust	MD	Old Line Bank
Dec 5, 2015	Bank Star of the BootHeel	MO	The Bank of Missouri
Dec 5, 2015	Union State Bank	WI	Baylake Bank
Dec 5, 2015	Coastal Heritage Bank	MA	Coastal Heritage Bank
Dec 5, 2015	State Bank of Chittenango	NY	Community Bank, N.A.
Dec 5, 2015	The Peoples Bank of Bullitt County	KY	First Harrison Bank
Dec 1, 2015	The First National Bank of Port Allegany	PA	The Juniata Valley Bank
Dec 1, 2015	State Investors Bancorp, Inc.	LA	First NBC Bank Holding Company
Dec 1, 2015	SSB Bancshares, Inc.	TX	Post Oak Bancshares, Inc.
Dec 1, 2015	Fnbpa Bancorp, Inc.	PA	Juniata Valley Financial Corp.
Dec 1, 2015	Calusa Bank	FL	Achieva Credit Union
Dec 1, 2015	Cnlbancshares, Inc.	FL	Valley National Bancorp

The list holds 500 of the 766 mergers recorded for 2015.

Enforcement Actions in 2015

Action date	Agency	Institution	Action
Dec 28, 2015 Released Aug 23, 2018	FRB	Covenant Bancgroup, Inc.	Written Agreement: Covenant Bancgroup, Inc., Leeds, Alabama
Dec 23, 2015	FRB	(individual)	Cease and Desist Order: Higher One, Incorporated, New Haven, Connecticut
Dec 23, 2015	FRB	(individual)	Civil Money Penalty, $2,231,250: Higher One, Incorporated, New Haven, Connecticut
Dec 18, 2015	OCC	First Place Financial Corp.	Prohibition/Removal Orders: Blank, Albert P.
Dec 18, 2015	OCC	Commonwealth National Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Commonwealth National Bank
Dec 18, 2015	OCC	First Place Financial Corp.	Civil Money Penalty (CMP): Blank, Albert P.
Dec 17, 2015	OCC	American Bank	Civil Money Penalty (CMP): Plack, James E.
Dec 17, 2015 Released Dec 22, 2015	FRB	Calumet County Bank	Written Agreement: Calumet County Bank, Brillion, Wisconsin
Dec 17, 2015	OCC	American Bank	Prohibition/Removal Orders: Plack, James E.
Dec 17, 2015	OCC	Community Bank, N.A.	Prohibition/Removal Orders: Bush, Elsa L.
Dec 16, 2015	OCC	Dieterich Bank	Formal Agreement: Dieterich Bank, National Association
Dec 16, 2015	OCC	Bank of China	Formal Agreement: Bank of China
Dec 11, 2015 Released Dec 17, 2015	FRB	Habib Bank Limited	Cease and Desist Order: Habib Bank Limited, Karachi, Pakistan and Habib Bank Limited New …
Dec 9, 2015	OCC	First Place Financial Corp.	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Reay, Craig E.
Dec 9, 2015	OCC	First Place Financial Corp.	Civil Money Penalty (CMP): Reay, Craig E.
Dec 8, 2015	OCC	One National Bancshares, Inc.	Prohibition/Removal Orders: Sweet, Matthew D.
Dec 1, 2015	OCC	Gibraltar Private Bank & Trust Co.	Civil Money Penalty (CMP): Harris, John W.
Dec 1, 2015	OCC	Gibraltar Private Bank & Trust Co.	Prohibition/Removal Orders: Harris, John W.
Dec 1, 2015	OCC	Fidelity Bank of Florida, N.A.	Notice of Charges: Guldi, James
Nov 27, 2015	FRB	Asian Bank	Section 19 Letters: Horng Dai
Nov 25, 2015	OCC	Ben Franklin Bank of Illinois	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Ben Franklin Bank of Illinois
Nov 24, 2015	OCC	First Federal Community Bank, N.A.	Civil Money Penalty (CMP): First Federal Community Bank, National Association
Nov 23, 2015 Released Nov 24, 2015	FRB	The Bank of Monroe	Civil Money Penalty, $28,640: The Bank of Monroe, Union, West Virginia
Nov 23, 2015	FRB	Susquehanna Corporation	Section 19 Letters: Donna McGuire
Nov 23, 2015	FRB	Univest Bank and Trust Co.	Section 19 Letters: William R. Erickson
Nov 23, 2015	OCC	Grand Bancorp, Inc.	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Grand Bank, National Association
Nov 19, 2015	OCC	Wells Fargo Bank, N.A.	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Wells Fargo Bank, National Association
Nov 18, 2015 Released Nov 24, 2015	FRB	Tri-County Bank	Civil Money Penalty, $5000: Tri-County Bank, Brown City, Michigan
Nov 10, 2015	OCC	Citizens Bank, N.A.	C&D or PC&D Requiring Restitution: Citizens Bank, National Association
Nov 10, 2015	OCC	Polonia Bancorp, Inc	Formal Agreement: Polonia Bank
Nov 10, 2015	OCC	Citizens Bank, N.A.	Civil Money Penalty (CMP): Citizens Bank, National Association
Nov 10, 2015	OCC	Citizens Bank, N.A.	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Citizens Bank, National Association
Nov 9, 2015 Released Nov 12, 2015	FRB	East West Bank	Written Agreement: East West Bank, Pasadena, California
Nov 5, 2015 Released Nov 10, 2015	FRB	The Bank of Nova Scotia Trust Company of New York	Written Agreement: The Bank of Nova Scotia, Toronto, Canada, and Bank of Nova Scotia …
Nov 5, 2015	FRB	(individual)	Prohibition from Banking: Rohit Bansal
Nov 4, 2015	FRB	(individual)	Cease and Desist Order: Deutsche Bank AG, Frankfurt am Main, Germany
Nov 4, 2015	FRB	(individual)	Civil Money Penalty, $58,000,000: Deutsche Bank AG, Frankfurt am Main, Germany
Oct 29, 2015	OCC	Valley National Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Vigil, Nick
Oct 28, 2015	FRB	Bank of McKenney	Section 19 Letters: James Bryant Neville, Jr.
Oct 23, 2015	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
Oct 19, 2015 Released Oct 20, 2015	FRB	Investment Trust Company	Cease and Desist Order: Crédit Agricole S.A., Paris, France, and Crédit Agricole Corporate and …
Oct 19, 2015 Released Oct 20, 2015	FRB	Credit Agricole S.A.	Civil Money Penalty, $90,300,000: Credit Agricole S.A. Paris, France
Oct 16, 2015 Released Oct 19, 2015	FRB	Regions Bank	Civil Money Penalty, $100,000: Thomas A. Neely, Jr.
Oct 16, 2015 Released Oct 19, 2015	FRB	Regions Bank	Prohibition from Banking: Thomas A. Neely, Jr.
Oct 6, 2015	OCC	Lydian Private Bank	Civil Money Penalty (CMP): Brown, Rory
Oct 2, 2015	OCC	First Financial Bank	Civil Money Penalty (CMP): First Financial Bank, National Association
Oct 1, 2015	OCC	First National Bank	Prohibition/Removal Orders: Dailey, Robert Wilson
Sep 18, 2015 Released Sep 22, 2015	FRB	First State Bank of Colorado	Civil Money Penalty, $9,285: First State Bank of Colorado, Hotchkiss, Colorado
Sep 18, 2015	FRB	First Iowa State Bank	Section 19 Letters: Ann Marie Sperfslage
Sep 15, 2015	OCC	Wells Fargo Bank, N.A.	GLBA Agreement: Wells Fargo Bank, National Association

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