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 | Assets |
|---|---|---|
| Oct 2, 2015 | The Bank of Georgia | $286.1M |
| Oct 2, 2015 | Hometown National Bank | $3.8M |
| Jul 10, 2015 | Premier Bank | $26.8M |
| May 8, 2015 | Edgebrook Bank | $90.0M |
| Feb 27, 2015 | Doral Bank | $5.90B |
| Feb 13, 2015 | Capitol City Bank & Trust Company | $272.3M |
| Jan 23, 2015 | Highland Community Bank | $54.7M |
| Jan 16, 2015 | First National Bank of Crestview | $73.8M |
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 | Acquirer |
|---|---|---|
| Oct 2, 2015 | Patriot Bank | Green Bank, National Association |
| Oct 2, 2015 | Patriot Texas Holdings, Inc. | Green Bancorp, Inc. |
| Oct 2, 2015 | Patriot Bancshares, Inc. | Green Bancorp, Inc. |
| Oct 2, 2015 | Blue Star Properties, Inc. | Banner Corporation |
| Oct 2, 2015 | Premierwest Investment Services, Inc. | Banner Corporation |
| Oct 2, 2015 | Starbuck Bancshares, Inc. | Banner Corporation |
| Oct 2, 2015 | AmericanWest Bank | Banner Bank |
| Oct 1, 2015 | North Hawaii Community Federal Credit Union | HFS Federal Credit Union |
| Oct 1, 2015 | First Federal M.H.C. | Washington Savings MHC |
| Oct 1, 2015 | Inversiones Baquio Limitada | Empresas Juan Yarur Spa |
| Oct 1, 2015 | Triumph Community Bank, National Association | TBK Bank, SSB |
| Oct 1, 2015 | National Bancshares, Inc. | Triumph Financial, Inc. |
| Oct 1, 2015 | Community Bank Corporation | Charter Bank |
| Oct 1, 2015 | PNA Bank | Royal Savings Bank |
| Oct 1, 2015 | Bay Cities Bank | Centennial Bank |
| Oct 1, 2015 | Florida Business Bancgroup, Inc. | Home Bancshares, Inc. |
| Oct 1, 2015 | Tri-State 1st Banc, Inc. | Farmers National Banc Corp. |
| Oct 1, 2015 | Gilman Area Credit Union | Peoples Choice Credit Union |
| Oct 1, 2015 | Garnavillo Bank Corporation | Community Financial Corp. |
| Oct 1, 2015 | 1st National Community Bank | The Farmers National Bank of Canfield |
| Oct 1, 2015 | Capital City Press Federal Credit Union | Formation Federal Credit Union |
| Oct 1, 2015 | Richmond State Hospital Employees Credit Union | Natco Credit Union |
| Oct 1, 2015 | Peoples Credit Union | We Florida Financial |
| Oct 1, 2015 | Suburban Federal Credit Union | Sun Federal Credit Union |
| Oct 1, 2015 | Nabco Federal Credit Union | Usx Federal Credit Union |
| Oct 1, 2015 | West Stark Community Federal Credit Union | Friends and Family Credit Union |
| Oct 1, 2015 | Ibew Members + Credit Union | Operating Engineers Local Union #3 Federal Credit Union |
| Oct 1, 2015 | First Federal Savings and Loan Association of Mattoon | Washington Savings Bank |
| Oct 1, 2015 | Covered Bridge Credit Union | 802 Credit Union |
| Oct 1, 2015 | Pacific Northwest Credit Union | North Coast Credit Union |
| Oct 1, 2015 | Nearmc Employees Federal Credit Union | Fort McClellan Credit Union |
| Oct 1, 2015 | Atlantic City Firemens Federal Credit Union | Jersey Shore Federal Credit Union |
| Oct 1, 2015 | Schwertner State Bank | R Bank |
| Oct 1, 2015 | British Airways Employees Federal Credit Union | Skyone Federal Credit Union |
| Oct 1, 2015 | Murphy Credit Union | Blaze Credit Union |
| Oct 1, 2015 | Quemado Federal Credit Union | Border Federal Credit Union |
| Oct 1, 2015 | The Garnavillo Savings Bank | Community Savings Bank |
| Oct 1, 2015 | First Community Bank | First Commonwealth Bank |
| Oct 1, 2015 | A Y McDonald Employees Credit Union | Holy Ghost Parish Credit Union |
| Oct 1, 2015 | Chatham Federal Credit Union | Membersfirst Credit Union |
| Oct 1, 2015 | Jeffco Credit Union | Members 1st Credit Union |
| Oct 1, 2015 | Healthcare United Federal Credit Union | Peake Federal Credit Union |
| Oct 1, 2015 | Moon Lake Electric Employees Federal Credit Union | Utah Power Credit Union |
| Oct 1, 2015 | Franklin Templeton Bank & Trust, F.S.B. | Fiduciary Trust International of the South |
| Oct 1, 2015 | Centra Health Credit Union | Beacon Credit Union Incorporated |
| Oct 1, 2015 | South Carolina Membersfirst Federal Credit Union | S.C. State Federal Credit Union |
| Oct 1, 2015 | Community National Bank of Norwestern Pennsylvania | The Andover Bank |
| Oct 1, 2015 | Bethel A.M.E. San Francisco Federal Credit Union | San Francisco Federal Credit Union |
| Oct 1, 2015 | Greater Omaha Federal Credit Union | First Nebraska Credit Union |
| Oct 1, 2015 | University Health Federal Credit Union | Augusta Metro Federal 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