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 |
|---|---|---|---|
| Jun 30, 2015 | OCC | United Americas Bank, N.A. | Notice of Charges: Blanton, William R. |
| Jun 30, 2015 Released Jul 2, 2015 | FRB | (individual) | Written Agreement: Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A., Utrecht, Netherlands and Rabobank Nederland New York Branch, … |
| Jun 29, 2015 | OCC | Bank of America, N.A. | Civil Money Penalty (CMP): Bank of America, National Association |
| Jun 29, 2015 | OCC | Bank of America, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Bank of America, National Association |
| Jun 24, 2015 Released Jul 2, 2015 | FRB | Seaway Bancshares, Inc. | Written Agreement: Seaway Bancshares, Inc., Chicago, Illinois |
| Jun 22, 2015 Released Jun 25, 2015 | FRB | Fayette County Bank | Written Agreement: Fayette County Bank, St. Elmo, Illinois |
| Jun 17, 2015 Released Jun 23, 2015 | FRB | Bank of the Orient | Cease and Desist Order: Bank of the Orient, San Francisco, California |
| Jun 16, 2015 | OCC | EverBank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Everbank |
| Jun 16, 2015 | OCC | Santander Bank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Santander Bank, National Association |
| Jun 16, 2015 | OCC | JPMorgan Chase Bank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): JPMorgan Chase Bank, National Association |
| Jun 16, 2015 | OCC | HSBC Bank USA, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): HSBC Bank USA, National Association |
| Jun 16, 2015 | OCC | Wells Fargo Bank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Wells Fargo Bank, National Association |
| Jun 16, 2015 | OCC | U.S. Bank N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): U.S. Bank National Association |
| Jun 12, 2015 | OCC | Nebraska Federal Savings and Loan Association | Formal Agreement: Home FS&LA of Nebraska |
| Jun 9, 2015 | FRB | First Community Bank and Trust | Section 19 Letters: Donna M. Barber |
| Jun 9, 2015 | OCC | First National Bank of Pennsylvania | Civil Money Penalty (CMP): First National Bank of Pennsylvania |
| Jun 8, 2015 | FRB | First Community Bank and Trust | Section 19 Letters: Martin Schmidt, Jr. |
| Jun 4, 2015 | OCC | United Americas Bank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Forment, Jorge L. |
| Jun 4, 2015 | OCC | United Americas Bank, N.A. | Civil Money Penalty (CMP): Forment, Jorge L. |
| Jun 3, 2015 | OCC | Wells Fargo Bank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Wells Fargo Bank, National Association |
| Jun 3, 2015 | OCC | Wells Fargo Bank, N.A. | C&D or PC&D Requiring Restitution: Wells Fargo Bank, National Association |
| Jun 3, 2015 | OCC | Wells Fargo Bank, N.A. | Civil Money Penalty (CMP): Wells Fargo Bank, National Association |
| Jun 1, 2015 Released Jun 4, 2015 | FRB | First Iowa State Bank | Civil Money Penalty, $7,500: First Iowa State Bank, Keosauqua, Iowa |
| Jun 1, 2015 | OCC | High Desert Bank | Prohibition/Removal Orders: Snyder, Larry |
| Jun 1, 2015 | OCC | High Desert Bank | Civil Money Penalty (CMP): Snyder, Larry |
| Jun 1, 2015 Released Jun 4, 2015 | FRB | Bcbank, Inc. | Civil Money Penalty, $5,000: BCBank, Incorporated, Philippi, West Virginia |
| May 29, 2015 | OCC | Bank of America, N.A. | Civil Money Penalty (CMP): Bank of America, National Association |
| May 29, 2015 | OCC | Bank of America, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Bank of America, National Association |
| May 28, 2015 Released Jun 1, 2015 | FRB | (individual) | Written Agreement: State Street Corporation and State Street Bank and Trust Company, both of … |
| May 26, 2015 Released May 28, 2015 | FRB | Discover Financial Services | Written Agreement: Discover Financial Services, Riverwoods, Illinois |
| May 20, 2015 | FRB | Bank of America Corporation | Cease and Desist Order: BANK OF AMERICA CORPORATION, Charlotte, North Carolina |
| May 20, 2015 | FRB | Barclays Bank of New York, National Association | Cease and Desist Order: BARCLAYS BANK PLC London, England and BARCLAYS BANK PLC NEW … |
| May 20, 2015 Released Oct 26, 2023 | FRB | Citigroup Inc. | Cease and Desist Order: Citigroup, Inc., New York, New York |
| May 20, 2015 | FRB | (individual) | Cease and Desist Order: JPMORGAN CHASE & CO.New York, New York |
| May 20, 2015 | FRB | (individual) | Cease and Desist Order: THE ROYAL BANK OF SCOTLAND PLC, Edinburgh, Scotland and RBS … |
| May 20, 2015 | FRB | UBS Ag | Cease and Desist Order: UBS AG Zurich, Switzerland and UBS AG Stamford Branch, Stamford, … |
| May 20, 2015 | FRB | Bank of America Corporation | Civil Money Penalty, $205,000,000: BANK OF AMERICA CORPORATION, Charlotte, North Carolina |
| May 20, 2015 | FRB | (individual) | Civil Money Penalty, $274,000,000: THE ROYAL BANK OF SCOTLAND PLC, Edinburgh, Scotland |
| May 20, 2015 | FRB | Barclays Bank PLC | Civil Money Penalty, $342,000,000: BARCLAYS BANK PLC London, England |
| May 20, 2015 | FRB | Citigroup Inc. | Civil Money Penalty, $342,000,000: Citigroup, Inc., New York, New York |
| May 20, 2015 | FRB | UBS Ag | Civil Money Penalty, $342,000,000: UBS AG Zurich, Switzerland |
| May 20, 2015 | FRB | (individual) | Civil Money Penalty, $342,000,000: JPMORGAN CHASE & CO. New York, New York |
| May 18, 2015 | OCC | TD Bank, N.A. | Prohibition/Removal Orders: Burnham, Jeffrey |
| May 11, 2015 Released May 12, 2015 | FRB | The Freedom Bank of Virginia | Civil Money Penalty, $2,100: The Freedom Bank of Virginia, Fairfax, Virginia |
| May 8, 2015 | OCC | United Americas Bank, N.A. | Civil Money Penalty (CMP): Sanchez, Norberto |
| May 5, 2015 | OCC | Lydian Private Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Ellis, Jerome |
| May 4, 2015 Released May 11, 2015 | FRB | Credit Suisse Ag | Prohibition from Banking: Marco Parenti Adami |
| May 4, 2015 Released May 11, 2015 | FRB | Credit Suisse Ag | Prohibition from Banking: Susanne D. Ruegg Meier |
| May 4, 2015 Released May 11, 2015 | FRB | Credit Suisse Ag | Prohibition from Banking: Roger Schaerer |
| May 4, 2015 Released May 11, 2015 | FRB | Credit Suisse Ag | Prohibition from Banking: Michele Bergantino |
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