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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.

8
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
Jun 1, 2015 San Francisco Recreation & Parks Federal Credit Union CA San Francisco Federal Credit Union
May 31, 2015 GBBR Federal Credit Union MD State Department Federal Credit Union
May 30, 2015 ProBank FL American Commerce Bank, N.A.
May 30, 2015 Fairfield Municipal Federal Credit Union CT General Electric Employees Federal Credit Union
May 30, 2015 Chemical Credit Union IA Dutrac Community Credit Union
May 23, 2015 Merchants & Southern Banks of Florida, Inc. FL Ameris Bancorp
May 23, 2015 Benefit Bank AR Armstrong Bank
May 23, 2015 Merchants & Southern Bank FL Ameris Bank
May 21, 2015 Campbell County Employees Credit Union VA Lynchburg Municipal Employees Federal Credit Union
May 20, 2015 Walker-Virginia Federal Credit Union VA Dupont Community Credit Union
May 9, 2015 Monarch Community Bank MI Chemical Bank
May 9, 2015 Community Business Bank GA Community & Southern Bank
May 9, 2015 First America Holdings Corporation FL HCBF Holding Company, Inc.
May 9, 2015 First America Bank FL Harbor Community Bank
May 9, 2015 Integrity Bank PA S & T Bank
May 9, 2015 Vintage Bank TX Interbank
May 2, 2015 The First National Bank of Howard KS First Neodesha Bank
May 2, 2015 Central Bancshares, Inc. MN Midwestone Financial Group, Inc.
May 2, 2015 Farmers State Bank of Denton, Montana MT Dutton State Bank
May 1, 2015 Triangle Credit Union IL Healthcare Associates Credit Union
May 1, 2015 DeSoto County Bank MS Story Bank dba Story Financial Partners
May 1, 2015 Moneytree Corporation TN United Community Banks, Inc.
May 1, 2015 BNB Bancorp, Inc. OH LCNB Corp.
May 1, 2015 Cu Bank Shares, Inc. TX Park Cities Financial Group, Inc.
May 1, 2015 Brookville National Bank OH LCNB National Bank
May 1, 2015 SNB Interim Bank, National Association IA The Security National Bank of Sioux City, Iowa
May 1, 2015 U S D a Credit Union IA Serve Credit Union
May 1, 2015 Bennington E/E Federal Credit Union VT Vermont State Employees Credit Union
May 1, 2015 Pittco of Pittsburgh Federal Credit Union PA Alcoa Pittsburgh Federal Credit Union
May 1, 2015 Premier Members Federal Credit Union CO Meritrust Credit Union
May 1, 2015 Morris Community Credit Union IL Financial Plus Credit Union
May 1, 2015 GDC Federal Credit Union GA The Southern Credit Union
Apr 30, 2015 Freeport City Employees Credit Union IL Cornerstone Credit Union
Apr 30, 2015 Niagara Falls Penn Central Employees Federal Credit Union NY Boulevard Federal Credit Union
Apr 29, 2015 CMS Bancorp, Inc. NY PCSB Bank
Apr 29, 2015 CMS Bank NY PCSB Bank
Apr 25, 2015 Southern Commercial Bank MO Midwest Bankcentre
Apr 25, 2015 First State Bank of Porter OK First Bank
Apr 25, 2015 Southern Bancshares Corp. MO Midwest Bankcentre, Inc.
Apr 25, 2015 Liberty Bank MO Simmons Bank
Apr 18, 2015 North Country Bank ND Bravera Bank
Apr 18, 2015 The First National Bank of Chrisman IL First Farmers Bank & Trust Co.
Apr 18, 2015 United Community Bank IL First Farmers Bank & Trust Co.
Apr 18, 2015 Community Bank IL First Farmers Bank & Trust Co.
Apr 18, 2015 Traders Bank TN Wellworth Bank
Apr 18, 2015 Hampden Bank MA Berkshire Bank
Apr 18, 2015 C Financial Corporation OH First Merchants Corporation
Apr 18, 2015 Cooper State Bank OH First Merchants Bank
Apr 18, 2015 Hampden Bancorp, Inc. MA Beacon Financial Corporation
Apr 18, 2015 The Bank of Lawrence County IL Citizens National Bank of Albion

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

Enforcement Actions in 2015

Action date Agency Institution Action
Sep 14, 2015 OCC The Somerville National Bank Civil Money Penalty (CMP): Ulrich, Douglas
Sep 9, 2015 OCC Bank @Lantec Prohibition/Removal Orders: LoCash, Michael
Sep 4, 2015 OCC Anchor Bank Saint Paul Prohibition/Removal Orders: Crapser, Gene A.
Sep 2, 2015 FRB Bank of Hawaii Section 19 Letters: Yong Jin Lee
Sep 1, 2015 FRB (individual) Section 19 Letters: Wallace J. Smith
Aug 31, 2015 FRB HSBC Private Bank International Section 19 Letters: Ann Maria Ferrao
Aug 31, 2015 FRB The Bank of Nova Scotia Section 19 Letters: Steven Gardner
Aug 31, 2015 FRB High Country Bank Section 19 Letters: Michael D. Gross
Aug 27, 2015
Released Sep 10, 2015		 FRB (individual) Civil Money Penalty, $56,205: INDEPENDENT BANK, Grand Rapids, Michigan
Aug 26, 2015 OCC JPMorgan Chase Bank, N.A. Prohibition/Removal Orders: Ojeda, Alejandro
Aug 25, 2015 OCC The National Capital Bank of Washington Formal Agreement: The National Capital Bank of Washington
Aug 24, 2015 FRB The Bank of Romney Section 19 Letters: Kimberly J. Haslacker
Aug 17, 2015 OCC The First National Bank of Niagara Civil Money Penalty (CMP): Gunville, Robert
Aug 10, 2015 OCC Citizens Bank, N.A. C&D or PC&D Requiring Restitution: Rbs Citizens, National Association
Aug 10, 2015 OCC Citizens Bank, N.A. Civil Money Penalty (CMP): Rbs Citizens, National Association
Aug 10, 2015 OCC Citizens Bank, N.A. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Rbs Citizens, National Association
Aug 7, 2015
Released Dec 19, 2017		 FRB Cecil Bank Prompt Corrective Action: Cecil Bank, Elkton, Maryland
Aug 5, 2015 OCC Anthem Bank & Trust Formal Agreement: Anthem Bank & Trust
Aug 3, 2015 OCC Commonwealth Bancshares, Inc. Civil Money Penalty (CMP): Steger, Ryan
Jul 30, 2015
Released Aug 6, 2015		 FRB Osb Community Bank Written Agreement: OSB Community Bank, Brooklyn, Michigan
Jul 30, 2015
Released Aug 4, 2015		 FRB Four Oaks Bank & Trust Company Written Agreement: Four Oaks Bank & Trust Company, Four Oaks, North Carolina
Jul 29, 2015 OCC PNC Bank, N.A. Prohibition/Removal Orders: Johnson, April K.
Jul 29, 2015 FRB Sandy Spring Bank Section 19 Letters: Sandra N. Ball
Jul 27, 2015 OCC Peoples National Bank Civil Money Penalty (CMP): Harrison, Cynthia
Jul 21, 2015 OCC TrustCo Bank Formal Agreement: Trustco Bank
Jul 21, 2015 OCC Peoples National Bank Civil Money Penalty (CMP): Powell, James W.
Jul 21, 2015 OCC Peoples National Bank Civil Money Penalty (CMP): Floyd, Michael R.
Jul 21, 2015 OCC Peoples National Bank Civil Money Penalty (CMP): Dye, Deborah
Jul 21, 2015 FRB (individual) Section 19 Letters: Jenni Lynn Kahle
Jul 20, 2015 OCC Department Stores National Bank Civil Money Penalty (CMP): Department Stores National Bank
Jul 20, 2015 OCC Sumner National Bank of Sheldon Civil Money Penalty (CMP): Sumner National Bank of Sheldon
Jul 20, 2015 OCC Citibank, N.A. Civil Money Penalty (CMP): Citibank, N.A.
Jul 20, 2015 OCC Department Stores National Bank Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Department Stores National Bank
Jul 20, 2015 OCC Citibank, N.A. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Citibank, N.A.
Jul 20, 2015 OCC Department Stores National Bank C&D or PC&D Requiring Restitution: Department Stores National Bank
Jul 20, 2015 OCC Citibank, N.A. C&D or PC&D Requiring Restitution: Citibank, N.A.
Jul 16, 2015
Released Jul 21, 2015		 FRB (individual) Written Agreement: China Construction Bank Corporation, Beijing, People's Republic of China, and China Construction …
Jul 15, 2015 OCC Peoples National Bank Civil Money Penalty (CMP): Powell, Thomas J.
Jul 13, 2015 FRB (individual) Section 19 Letters: Pamela D. McCurdy
Jul 10, 2015 OCC Capital One Bank (USA), N.A. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Capital One Bank (USA), National Association
Jul 10, 2015
Released Jul 14, 2015		 FRB Raton Capital Corporation Written Agreement: Raton Capital Corporation, Raton, New Mexico
Jul 10, 2015 FRB Interbank Section 19 Letters: Deanna Jo Bridges
Jul 10, 2015 OCC Capital One, N.A. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Capital One, National Association
Jul 9, 2015 OCC Trustmark National Bank Prohibition/Removal Orders: Dick, Joe L.
Jul 9, 2015 OCC Trustmark National Bank Civil Money Penalty (CMP): Dick, Joe L.
Jul 8, 2015 OCC JPMorgan Chase Bank, N.A. Civil Money Penalty (CMP): JPMorgan Chase Bank, National Association
Jul 8, 2015 OCC Chase Bank USA, N.A. Civil Money Penalty (CMP): Chase Bank USA, National Association
Jul 8, 2015 OCC JPMorgan Bank and Trust Company, N.A. Civil Money Penalty (CMP): JPMorgan Bank and Trust Company, National Association
Jul 2, 2015 FRB (individual) Section 19 Letters: Matthew S. Smith
Jul 2, 2015
Released Aug 16, 2018		 FRB Santander Holdings USA, Inc. Written Agreement: Santander Holdings USA, Inc., Boston, Massachusetts

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