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 |
|---|---|---|
| Aug 22, 2015 | Community Bancorporation of New Mexico, Inc. | Heartland Financial USA, Inc. |
| Aug 22, 2015 | Talmer West Bank | Talmer Bank and Trust |
| Aug 22, 2015 | Bank of Stapleton | Community First Bank |
| Aug 21, 2015 | Focus Business Bank | Heritage Bank of Commerce |
| Aug 15, 2015 | Sidell State Bank | Prospect Bank |
| Aug 15, 2015 | LNB Bancorp Inc. | Northwest Bancshares Inc |
| Aug 15, 2015 | Kasson State Bank | Home Federal Savings Bank |
| Aug 15, 2015 | The First National Bank of Chillicothe | American National Bank & Trust |
| Aug 15, 2015 | First Bank & Trust, National Association | First Bank & Trust |
| Aug 15, 2015 | First Bank & Trust of Milbank | First Bank & Trust |
| Aug 15, 2015 | The Lorain National Bank | Northwest Bank |
| Aug 8, 2015 | Franklin Bank | Community State Bank |
| Aug 8, 2015 | Franklin Bancshares, Inc | CSB Financial Holdings, Inc. |
| Aug 7, 2015 | Lancaster Press Employees Federal Credit Union | Lancaster Red Rose Credit Union |
| Aug 6, 2015 | Bank of the Carolinas Corporation | Bank of the Ozarks Inc |
| Aug 6, 2015 | Bank of the Carolinas | Bank OZK |
| Aug 3, 2015 | CIT Bank | CIT Bank, National Association |
| Aug 3, 2015 | Carbon Merger Sub LLC | CIT Group Inc. |
| Aug 3, 2015 | Imb Holdco LLC | CIT Group Inc. |
| Aug 2, 2015 | Empire State Credit Union | Rockland Employees Federal Credit Union |
| Aug 1, 2015 | First Bank, National Association | First Financial Bank |
| Aug 1, 2015 | Equitable Bancorp, Inc. | Equitable Bancorp, Inc. |
| Aug 1, 2015 | Equitable Bancorp MHC | Equitable Bancorp, MHC |
| Aug 1, 2015 | 1st Portfolio Holding Comp | Washingtonfirst Bank |
| Aug 1, 2015 | CapitalMark Bank & Trust | Pinnacle Bank |
| Aug 1, 2015 | Colonial American Bank | OceanFirst Bank, N.A. |
| Aug 1, 2015 | Texas Leadership Bank | Guaranty Bank & Trust, N.A. |
| Aug 1, 2015 | FBC Bancshares, Inc. | First Financial Bankshares, Inc. |
| Aug 1, 2015 | Susquehanna Trust & Investment Company | Truist Bank |
| Aug 1, 2015 | Pine River Bank Corp. | National Bank Holdings Corporation |
| Aug 1, 2015 | Semper Trust Company | Truist Bank |
| Aug 1, 2015 | Asia Bancshares, Inc. | Cathay General Bancorp |
| Aug 1, 2015 | Susquehanna Bancshares, Inc. | Truist Financial Corporation |
| Aug 1, 2015 | United Shoreline Federal Credit Union | Crosspoint Federal Credit Union |
| Aug 1, 2015 | Four Four Credit Union | F R B Federal Credit Union |
| Aug 1, 2015 | Elkhorn Federal Credit Union | Intrepid Credit Union |
| Aug 1, 2015 | Asia Bank, National Association | Cathay Bank |
| Aug 1, 2015 | Pacific Oaks Federal Credit Union | Premier America Credit Union |
| Aug 1, 2015 | N.Y.C. Employees Credit Union | Siu Credit Union |
| Aug 1, 2015 | Northland Credit Union | Gesa Credit Union |
| Aug 1, 2015 | Winchester Community Federal Credit Union | Apple Federal Credit Union |
| Aug 1, 2015 | Rapid City Telco Federal Credit Union | Sentinel Federal Credit Union |
| Aug 1, 2015 | Susquehanna Bank | Truist Bank |
| Aug 1, 2015 | Lehigh Valley Credit Union | Peoples Credit Union |
| Aug 1, 2015 | (unnamed) | Pan American Bank |
| Aug 1, 2015 | Pine River Valley Bank | NBH Bank |
| Aug 1, 2015 | LMCC Employees Federal Credit Union | Employees Choice Federal Credit Union |
| Aug 1, 2015 | First Federal Savings and Loan Association of Bucks Co | Penn Community Bank |
| Aug 1, 2015 | Bell West Community Credit Union | Great Lakes Credit Union |
| Aug 1, 2015 | Valtek Credit Union | Pacific Horizon 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 |
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