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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 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
Jul 1, 2015 Seaport Credit Union MA St. Jean's Credit Union
Jul 1, 2015 Newport Site Employees Federal Credit Union DE Del-One Federal Credit Union
Jul 1, 2015 Saint Patrick Credit Union MI Security Credit Union
Jul 1, 2015 Golden Key Federal Credit Union TX Raiz Federal Credit Union
Jul 1, 2015 The Vernon Bank LA Merchants & Farmers Bank & Trust Company
Jul 1, 2015 Secure First Credit Union AL Mutual Savings Credit Union
Jul 1, 2015 Benchsmart Federal Credit Union MS Magnolia Federal Credit Union
Jul 1, 2015 Tri-County Credit Union, Inc. OH Cardinal Credit Union, Inc.
Jul 1, 2015 Lake State Credit Union MN Members Cooperative Credit Union
Jul 1, 2015 The Citizens National Bank CT Trunorth Bank
Jul 1, 2015 U S Veterans Administration New Or Federal Credit Union LA Riverland Federal Credit Union
Jul 1, 2015 Education Employee Credit Union WI Summit Credit Union
Jul 1, 2015 Peoples Federal Savings Bank of DeKalb County IN Horizon Bank
Jul 1, 2015 West Liberty State Bank IA South Ottumwa Savings Bank
Jul 1, 2015 Liberty Savings Bank, FSB IN Peoples Bank
Jul 1, 2015 Mount Zion Ame Church Federal Credit Union NJ Servco Federal Credit Union
Jul 1, 2015 Dallas Santa Fe Credit Union TX Texas Telcom Credit Union
Jul 1, 2015 Heritage Bank of the South GA Renasant Bank
Jul 1, 2015 Norway Community Credit Union MI U.P. State Credit Union
Jul 1, 2015 Healthcare Community Credit Union MO Communityamerica Federal Credit Union
Jul 1, 2015 Catasauqua Area Federal Credit Union PA First Commonwealth Federal Credit Union
Jul 1, 2015 Kolmar NY Employees Federal Credit Union NY Heritage Financial Federal Credit Union
Jul 1, 2015 Richmond Community Federal Credit Union GA Peach State Federal Credit Union
Jul 1, 2015 Automotive Aftermarket Employees Federal Credit Union MD Destinations Credit Union
Jul 1, 2015 Houghton Mifflin Employees Federal Credit Union MA Hanscom Federal Credit Union
Jul 1, 2015 Good Shepherd Credit Union MI Credit Union One
Jul 1, 2015 Allied Credit Union AL New Horizons Credit Union
Jul 1, 2015 65 Family Federal Credit Union NY Entertainment Industries Federal Credit Union
Jul 1, 2015 Cadence Financial Corporation AL Cadence Bancorporation
Jul 1, 2015 Vernon Bancshares, Inc. LA Merchants & Farmers Bancshares, Inc.
Jul 1, 2015 Community First Bank IL Providence Bank
Jul 1, 2015 Citizens National Bancorp, Inc. CT Hometown Financial Group, Inc
Jul 1, 2015 Valley Bank VA Bank of North Carolina
Jul 1, 2015 Valley Financial Corporation VA BNC Bancorp
Jul 1, 2015 Ibt Bancorp, Inc. TX Veritex Holdings, Inc.
Jul 1, 2015 Independent Bank of Texas TX Veritex Community Bank
Jul 1, 2015 Midamerica Financial Corporation IA BTC Financial Corporation
Jul 1, 2015 RelianzBank KS Union State Bank
Jul 1, 2015 Community Southern Bank FL Sunshine Bank
Jul 1, 2015 Peoples Bancorp, Inc. IN Horizon Bancorp, Inc.
Jul 1, 2015 Heritage Financial Group, Inc. GA Renasant Corporation
Jul 1, 2015 Community Southern Holdings, Inc. FL Sunshine Bancorp, Inc.
Jun 30, 2015 St. Martin's Federal Credit Union NY Lower East Side People's Federal Credit Union
Jun 30, 2015 Bridge Capital Holdings CA Western Alliance Bancorporation
Jun 30, 2015 German American Financial Advisors & Trust Company IN German American Investment Services, Inc
Jun 30, 2015 Bridge Bank, National Association CA Western Alliance Bank
Jun 30, 2015 Hudson Valley Holding Corp. NY Sterling Bancorp
Jun 30, 2015 Newport Beach City Employees Federal Credit Union CA Credit Union of Southern California, a Federal Credit Union
Jun 30, 2015 Riverwood-Maritime Credit Union WI Fox Communities Credit Union
Jun 29, 2015 Bank of the Wichitas OK All America Bank

The list holds 500 of the 766 mergers recorded for 2015.

Enforcement Actions in 2015

Action date Agency Institution Action
May 4, 2015
Released May 11, 2015		 FRB Credit Suisse Ag Prohibition from Banking: Markus Walder
Apr 29, 2015
Released May 5, 2015		 FRB Truxton Trust Company Civil Money Penalty, $11,285: Truxton Trust Company, Nashville, Tennessee
Apr 27, 2015 OCC The First National Bank of Beloit Formal Agreement: The First National Bank of Beloit
Apr 21, 2015 OCC TD Bank, N.A. Prohibition/Removal Orders: Spinosa, Frank
Apr 16, 2015 OCC GN Bank Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Illinois-Service FS & LA
Apr 3, 2015 FRB The First National Bank of Savannah Section 19 Letters: Heys Edward McMath, III
Apr 3, 2015 OCC (individual) Civil Money Penalty (CMP): Amory FS & LA
Apr 1, 2015 OCC Fidelity Bank of Florida, N.A. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Storey, Michael M.
Apr 1, 2015 OCC Lone Star National Bank Civil Money Penalty (CMP): Lone Star National Bank
Apr 1, 2015 OCC Warsaw Federal Savings and Loan Association Formal Agreement: Warsaw FS & LA
Apr 1, 2015 OCC Fidelity Bank of Florida, N.A. Civil Money Penalty (CMP): Storey, Michael M.
Mar 31, 2015 OCC Lone Star National Bank Formal Agreement: Lone Star National Bank
Mar 26, 2015 OCC Santander Bank, N.A. C&D or PC&D Requiring Restitution: Santander Bank, National Association
Mar 26, 2015 OCC Santander Bank, N.A. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Santander Bank, National Association
Mar 26, 2015 OCC Santander Bank, N.A. Civil Money Penalty (CMP): Santander Bank, National Association
Mar 23, 2015 OCC Ozark Heritage Bank N.A. Civil Money Penalty (CMP): Barnes, James
Mar 23, 2015 OCC Ozark Heritage Bank N.A. Prohibition/Removal Orders: Barnes, James
Mar 20, 2015 OCC The First National Bank of Manchester Civil Money Penalty (CMP): McCowan, Jon Kristen
Mar 20, 2015 OCC The First National Bank of Manchester Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): McCowan, Jon Kristen
Mar 12, 2015 FRB (individual) Civil Money Penalty, $200,000,000: Commerzbank AG, Frankfurt am Main, Germany
Mar 12, 2015 FRB (individual) Cease and Desist Order: Commerzbank AG, Frankfurt am Main, Germany
Mar 9, 2015 OCC Fidelity Bank of Florida, N.A. Civil Money Penalty (CMP): McEvoy, Patrick
Mar 9, 2015 OCC Fidelity Bank of Florida, N.A. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): McEvoy, Patrick
Mar 3, 2015 FRB Montgomery Bank Section 19 Letters: Aubrey Lee Price
Feb 27, 2015 OCC First National Community Bank Civil Money Penalty (CMP): First National Community Bank
Feb 25, 2015 OCC Bank of America, N.A. Notice of Charges: Parker, Lamond A.
Feb 19, 2015 FRB The First National Bank of Savannah Section 19 Letters: Stephen Michael Little
Feb 18, 2015 FRB Coastal Community Investments, Inc. Section 19 Letters: Donald Terry Dubose
Feb 18, 2015 FRB Coastal Community Investments, Inc. Section 19 Letters: Frank Alfred Baker
Feb 18, 2015 FRB Regions Bank Section 19 Letters: Ivette Carreno
Feb 18, 2015 FRB Coastal Community Investments, Inc. Section 19 Letters: Elwood Ladon West
Feb 17, 2015 FRB First Midwest Bank Section 19 Letters: Lorena Bostic
Feb 13, 2015 FRB Mid America Bank & Trust Company Section 19 Letters: Melinda L. Reese
Feb 9, 2015 OCC Cadence Financial Corporation Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Cadence Bank, National Association
Feb 5, 2015 FRB Westamerica Bank Section 19 Letters: Mary Helen Perez
Feb 5, 2015 FRB East West Bank Section 19 Letters: Jesusa Concha-Dolz
Feb 5, 2015 FRB Citigroup Inc. Section 19 Letters: Gary Foster
Jan 30, 2015 OCC Capitol National Bank Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Capitol National Bank
Jan 26, 2015 OCC Banco Bradesco S.A. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Banco Bradesco S.A.
Jan 26, 2015 FRB Marquette Bank Section 19 Letters: Alyse Seawright
Jan 23, 2015 OCC Hana Bank USA, N.A. Formal Agreement: BNB Hana Bank, National Association
Jan 23, 2015 OCC Mutual Savings Association Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Mutual SA, Fsa
Jan 20, 2015 OCC Jarrettsville Federal Savings and Loan Association Formal Agreement: Jarrettsville FS & LA
Jan 20, 2015 OCC Bank of America, N.A. Civil Money Penalty (CMP): Murphy, Phillip D.
Jan 20, 2015 OCC Bank of America, N.A. Prohibition/Removal Orders: Murphy, Phillip D.
Jan 16, 2015 FRB Jim Thorpe Neighborhood Bank Section 19 Letters: Shelly Ann Kocher
Jan 15, 2015 OCC KeyBank N.A. Civil Money Penalty (CMP): Keybank National Association
Jan 14, 2015 OCC NebraskaLand National Bank Prohibition/Removal Orders: Anderson, Rhonda L.
Jan 12, 2015 FRB Regions Bank Section 19 Letters: Miguel A. Salinas
Jan 12, 2015 FRB Regions Bank Section 19 Letters: David Saenz-Decalahorra

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