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
Jun 29, 2015	First State Bank Mortgage Company, LLC	MI	First State Bank
Jun 29, 2015	Our Lady of Angels Federal Credit Union	OH	Saints Margaret & Gregory Federal Credit Union
Jun 29, 2015	Southwest State Bank	OK	All America Bank
Jun 27, 2015	Bank of Manhattan, N.A.	CA	Plaza Bank
Jun 27, 2015	Manhattan Bancorp	CA	Plaza Bancorp
Jun 27, 2015	Arvest Mortgage Company	AR	Arvest Bank
Jun 26, 2015	Cabisco Federal Credit Union	NC	Premier Federal Credit Union
Jun 26, 2015	The Elkhart State Bank	TX	Commercial Bank of Texas, N.A.
Jun 25, 2015	Robert Lee (Delaware), Inc.	DE	Robert Lee Bancshares, Inc.
Jun 20, 2015	The Bank of Kentucky, Inc.	KY	Truist Bank
Jun 20, 2015	SunBank, National Association	AZ	Academy Bank, N.A.
Jun 20, 2015	Community National Bank	NY	Dime Commercial Bank
Jun 20, 2015	Armed Forces Bank of California, National Association	CA	Armed Forces Bank, N.A.
Jun 20, 2015	The Bank of Kentucky Financial Corporation	KY	Truist Financial Corporation
Jun 20, 2015	Southern Commerce Bank, National Association	FL	Academy Bank, N.A.
Jun 19, 2015	National Bancshares Corporation	OH	Farmers National Banc Corp.
Jun 19, 2015	M.S.B. Corporation	IA	NXT Bancorporation, Inc.
Jun 19, 2015	First National Bank	OH	The Farmers National Bank of Canfield
Jun 16, 2015	Teb, Inc.	TX	Austin Bancorp, Inc.
Jun 16, 2015	Pacific Rim Bank	HI	First Foundation Bank
Jun 16, 2015	Jaci, Inc.	DE	Capital Bancorp, Inc.
Jun 15, 2015	American Bank of St. Paul	MN	Deerwood Bank
Jun 13, 2015	Neighborhood National Bank	MN	Neighborhood National Bank
Jun 13, 2015	Public Employees Credit Union	ID	Idaho Central Credit Union
Jun 12, 2015	Teton Bancshares, Inc.	MT	Inter-Mountain Bancorp., Inc.
Jun 10, 2015	Merrill Lynch Princeton Incorporated	NY	Bac North America Holding Company
Jun 6, 2015	State Bank of Park Rapids	MN	Northview Bank
Jun 6, 2015	Union Federal Savings Bank	RI	Axos Bank
Jun 5, 2015	Valparaiso Enterprises, Inc.	NE	Jones National Corporation
Jun 1, 2015	Southland Savings Federal Credit Union	CA	Financial Partners Credit Union
Jun 1, 2015	F.N.B. Payroll Services, LLC	PA	First National Bank of Pennsylvania
Jun 1, 2015	Meridian Bank Texas	TX	UMB Bank, N.A.
Jun 1, 2015	Fnbpa Investments Corporation	DE	First National Bank of Pennsylvania
Jun 1, 2015	Georgia Commerce Bank	GA	Iberiabank
Jun 1, 2015	Georgia Commerce Bancshares, Inc.	GA	Iberiabank Corporation
Jun 1, 2015	Lake Michigan Financial Corporation	MI	TCF Financial Corporation
Jun 1, 2015	Marquette Financial Companies	MN	UMB Financial Corporation
Jun 1, 2015	CMC Holding Delaware Inc.	DE	J.P. Morgan Equity Holdings, LLC
Jun 1, 2015	Meridian Bank, National Association	AZ	UMB Bank, N.A.
Jun 1, 2015	TCC Credit Union	TX	Texas Dow Employees Credit Union
Jun 1, 2015	Sperry Marine Federal Credit Union	VA	Virginia Federal Credit Union
Jun 1, 2015	NLRB Federal Credit Union	DC	Department of Labor Federal Credit Union
Jun 1, 2015	First National Bank of Colorado City	TX	First Bank & Trust
Jun 1, 2015	Commonwealth Bank, FSB	KY	Town Square Bank
Jun 1, 2015	SD Medical Federal Credit Union	CA	Financial Partners Credit Union
Jun 1, 2015	McHenry County Federal Credit Union	IL	Great Lakes Credit Union
Jun 1, 2015	Industrial Credit Union	MA	Webster First Federal Credit Union
Jun 1, 2015	Chesapeake Public Schools Credit Union	VA	Bayport Federal Credit Union
Jun 1, 2015	Valley Bell Credit Union	IL	Alero Financial Credit Union
Jun 1, 2015	Saint Francis De Sales Parish Federal Credit Union	OH	All Saints 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