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 |
|---|---|---|
| Sep 30, 2015 | Northwest Baptist Federal Credit Union | Seattle Metropolitan Credit Union |
| Sep 30, 2015 | Shbi, Inc. | Shore Bancshares, Inc. |
| Sep 30, 2015 | National Penn Wealth Managment N.A. | National Penn Bank |
| Sep 30, 2015 | Air Line Pilots Association Federal Credit Union | Connexus Credit Union |
| Sep 30, 2015 | Lewiston State Bank | Altabank |
| Sep 30, 2015 | Saint Marys Parish Ottoville Federal Credit Union | Superior Credit Union Inc |
| Sep 30, 2015 | Oko Cal Federal Credit Union | North Jersey Federal Credit Union |
| Sep 25, 2015 | Independent Banker's Bank of Florida | First National Bankers Bank |
| Sep 23, 2015 | Berkshire Federal Credit Union | Greylock Federal Credit Union |
| Sep 19, 2015 | Centurion Federal Credit Union | Crane Credit Union |
| Sep 19, 2015 | Midwest Federal Employees Credit Union | Veridian Credit Union |
| Sep 19, 2015 | Big Dutch Fleet Credit Union | A a C Credit Union |
| Sep 19, 2015 | Northwest Georgia Bank | FirstBank |
| Sep 18, 2015 | Fife Commercial Bank | Kitsap Bank |
| Sep 16, 2015 | Louisiana Bancorp, Inc. | Home Bancorp, Inc. |
| Sep 16, 2015 | Bank of New Orleans | Home Bank, N.A. |
| Sep 14, 2015 | Fairmount Bancorp, Inc. | Hamilton Bancorp, Inc. |
| Sep 14, 2015 | Fairmount Bank | Hamilton Bank |
| Sep 12, 2015 | The First National Bank of Throckmorton | Interbank |
| Sep 12, 2015 | First Scottsdale Bank, N.A. | Arizona Bank & Trust |
| Sep 12, 2015 | Throckmorton Bancshares, Inc. | Olney Bancshares of Texas, Inc. |
| Sep 10, 2015 | Puget Sound Financial Services, Inc. | Olympic Bancorp, Inc. |
| Sep 5, 2015 | First State Bank | Simmons Bank |
| Sep 5, 2015 | America California Bank | First National Bank of Northern California |
| Sep 5, 2015 | American Union Savings and Loan Association, S.B. | Central Savings, F.S.B. |
| Sep 4, 2015 | Sidell Bancorp, Inc. | Edgar County Banc Shares, Inc. |
| Sep 1, 2015 | First Choice Credit Union | Align Credit Union |
| Sep 1, 2015 | CRB Auto, Inc. | California Republic Bank |
| Sep 1, 2015 | Smartfinancial, Inc. | Smartfinancial, Inc. |
| Sep 1, 2015 | JPMorgan Bank and Trust Company, N.A. | JPMorgan Chase Bank, N.A. |
| Sep 1, 2015 | Highland Financial Services, Inc. | Hamilton State Bancshares, Inc. |
| Sep 1, 2015 | H & R Block Bank | Axos Bank |
| Sep 1, 2015 | Highland Commercial Bank | Hamilton State Bank |
| Sep 1, 2015 | Magna Bank | Pinnacle Bank |
| Sep 1, 2015 | Hana Bank | Keb Hana Bank |
| Sep 1, 2015 | Newton County Bancorporation, Inc. | BankFirst Capital Corporation |
| Sep 1, 2015 | Palmetto Bancshares, Inc. | United Community Banks, Inc. |
| Sep 1, 2015 | The Palmetto Bank | United Community Bank |
| Sep 1, 2015 | Western Bank, National Association | American National Bank |
| Sep 1, 2015 | Community Credit Union | Verve a Credit Union |
| Sep 1, 2015 | Newton County Bank | BankFirst Financial Services |
| Sep 1, 2015 | Louisville Medical Center Federal Credit Union | Park Federal Credit Union dba Park Community Credit Union |
| Sep 1, 2015 | Palm Springs City Employees Federal Credit Union | Sun Community Federal Credit Union |
| Aug 31, 2015 | UBS Trust Company, N.A. | Reliance Trust Company of Delaware |
| Aug 31, 2015 | D-B Employees Credit Union | Siu Credit Union |
| Aug 29, 2015 | The Patapsco Bank | Howard Bank |
| Aug 29, 2015 | Patapsco Bancorp, Inc. | Howard Bancorp, Inc. |
| Aug 29, 2015 | Penacol Federal Credit Union | Usx Federal Credit Union |
| Aug 29, 2015 | The Scott County State Bank | Your Community Bank |
| Aug 22, 2015 | Community Bank | New Mexico Bank & Trust |
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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