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 1, 2015	CNLBank	FL	Valley National Bank
Dec 1, 2015	Bankshares of Fayetteville, Inc	AR	Farmers and Merchants Bankshares, Inc.
Dec 1, 2015	Paris Federal Credit Union	AR	Subiaco Federal Credit Union
Dec 1, 2015	Independent Employers Group Federal Credit Union	HI	Hawaiiusa Federal Credit Union
Dec 1, 2015	State-Investors Bank	LA	First NBC Bank
Dec 1, 2015	Queen Employees Credit Union	MN	Accentra Credit Union
Dec 1, 2015	United Service Credit Union	IA	Marine Credit Union
Dec 1, 2015	Fairview Employees Federal Credit Union	CA	Credit Union of Southern California, a Federal Credit Union
Dec 1, 2015	Aafes Federal Credit Union	TX	Pentagon Federal Credit Union
Dec 1, 2015	Redford Municipal Employees Credit Union	MI	Public Service Credit Union
Dec 1, 2015	Compton Municipal Employees Federal Credit Union	CA	Financial Partners Credit Union
Dec 1, 2015	The Greenville Banking Company	GA	First Peoples Bank
Dec 1, 2015	K B R Credit Union	WA	American Lake Credit Union
Dec 1, 2015	College Savings Bank	NJ	NexBank
Dec 1, 2015	S M H Federal Credit Union	IL	Financial Plus Credit Union
Dec 1, 2015	Security State Bank	TX	Post Oak Bank, N.A.
Dec 1, 2015	The Bank of Fayetteville	AR	The Farmers & Merchants Bank
Dec 1, 2015	Navfac Federal Credit Union	HI	Pentagon Federal Credit Union
Dec 1, 2015	McAlester Credit Union	OK	First Family Federal Credit Union
Dec 1, 2015	Phone-Co Credit Union	IL	Great Lakes Credit Union
Nov 30, 2015	The Trust Company of Louisiana	LA	Argent Trust Company
Nov 21, 2015	United International Bank	NY	Preferred Bank
Nov 14, 2015	The Bank of Holland	MI	Chemical Bank
Nov 14, 2015	First Mutual Sales Finance, Inc.	WA	WaFd Bank
Nov 14, 2015	The Bank of Northern Michigan	MI	Chemical Bank
Nov 13, 2015	Bank of Commerce	OK	BancFirst
Nov 10, 2015	Bedison Bancshares, Inc.	MO	Wells Bancshares, Inc.
Nov 7, 2015	Community Bank	NE	First State Bank
Nov 5, 2015	Kosciuszko Federal Savings Bank	MD	Kopernik Bank
Nov 3, 2015	Newspaper & Printers Credit Union	TN	St. Thomas Credit Union
Nov 2, 2015	Libbey Federal Credit Union	OH	Glass City Federal Credit Union
Nov 2, 2015	City National Corporation	CA	RBC USA Holdco Corporation
Nov 1, 2015	Grand Bank	TX	Independent Bank
Nov 1, 2015	Fsgbank, N.A.	TN	Atlantic Capital Bank, N.A.
Nov 1, 2015	First Security Group, Inc.	TN	Atlantic Capital Bancshares, Inc.
Nov 1, 2015	Hudson City Bancorp, Inc.	NJ	Wilmington Trust Corporation
Nov 1, 2015	Port of Seattle Federal Credit Union	WA	Sound Credit Union
Nov 1, 2015	Merrimac Savings Bank	MA	TruNorth Bank
Nov 1, 2015	W G Federal Credit Union	MA	RTN Federal Credit Union
Nov 1, 2015	Columbus Junction State Bank	IA	Washington State Bank
Nov 1, 2015	Corps of Engineers Federal Credit Union	TX	Pentagon Federal Credit Union
Nov 1, 2015	Farmers State Bank	GA	Five Star Credit Union
Nov 1, 2015	United Health Services Credit Union	WA	Horizon Credit Union
Nov 1, 2015	Kent Credit Union, Inc.	OH	Seven Seventeen Credit Union Inc
Nov 1, 2015	Hudson City Savings Bank	NJ	Manufacturers and Traders Trust Company
Nov 1, 2015	Saint Joseph's Credit Union	TX	Firstmark Credit Union
Nov 1, 2015	Northwestern States Cement Employee Credit Union	IA	Cent Credit Union
Nov 1, 2015	General Drivers Credit Union	IA	Aim Credit Union
Nov 1, 2015	Consolidated Public Safety Credit Union	GA	Midsouth Community Federal Credit Union
Nov 1, 2015	Parkridge Credit Union	TN	Healthcare Services Credit Union

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

Browse adjacent years: 2014 · 2016

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