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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
Jun 1, 2015 San Francisco Recreation & Parks Federal Credit Union CA San Francisco Federal Credit Union
May 31, 2015 GBBR Federal Credit Union MD State Department Federal Credit Union
May 30, 2015 ProBank FL American Commerce Bank, N.A.
May 30, 2015 Fairfield Municipal Federal Credit Union CT General Electric Employees Federal Credit Union
May 30, 2015 Chemical Credit Union IA Dutrac Community Credit Union
May 23, 2015 Merchants & Southern Banks of Florida, Inc. FL Ameris Bancorp
May 23, 2015 Benefit Bank AR Armstrong Bank
May 23, 2015 Merchants & Southern Bank FL Ameris Bank
May 21, 2015 Campbell County Employees Credit Union VA Lynchburg Municipal Employees Federal Credit Union
May 20, 2015 Walker-Virginia Federal Credit Union VA Dupont Community Credit Union
May 9, 2015 Monarch Community Bank MI Chemical Bank
May 9, 2015 Community Business Bank GA Community & Southern Bank
May 9, 2015 First America Holdings Corporation FL HCBF Holding Company, Inc.
May 9, 2015 First America Bank FL Harbor Community Bank
May 9, 2015 Integrity Bank PA S & T Bank
May 9, 2015 Vintage Bank TX Interbank
May 2, 2015 The First National Bank of Howard KS First Neodesha Bank
May 2, 2015 Central Bancshares, Inc. MN Midwestone Financial Group, Inc.
May 2, 2015 Farmers State Bank of Denton, Montana MT Dutton State Bank
May 1, 2015 Triangle Credit Union IL Healthcare Associates Credit Union
May 1, 2015 DeSoto County Bank MS Story Bank dba Story Financial Partners
May 1, 2015 Moneytree Corporation TN United Community Banks, Inc.
May 1, 2015 BNB Bancorp, Inc. OH LCNB Corp.
May 1, 2015 Cu Bank Shares, Inc. TX Park Cities Financial Group, Inc.
May 1, 2015 Brookville National Bank OH LCNB National Bank
May 1, 2015 SNB Interim Bank, National Association IA The Security National Bank of Sioux City, Iowa
May 1, 2015 U S D a Credit Union IA Serve Credit Union
May 1, 2015 Bennington E/E Federal Credit Union VT Vermont State Employees Credit Union
May 1, 2015 Pittco of Pittsburgh Federal Credit Union PA Alcoa Pittsburgh Federal Credit Union
May 1, 2015 Premier Members Federal Credit Union CO Meritrust Credit Union
May 1, 2015 Morris Community Credit Union IL Financial Plus Credit Union
May 1, 2015 GDC Federal Credit Union GA The Southern Credit Union
Apr 30, 2015 Freeport City Employees Credit Union IL Cornerstone Credit Union
Apr 30, 2015 Niagara Falls Penn Central Employees Federal Credit Union NY Boulevard Federal Credit Union
Apr 29, 2015 CMS Bancorp, Inc. NY PCSB Bank
Apr 29, 2015 CMS Bank NY PCSB Bank
Apr 25, 2015 Southern Commercial Bank MO Midwest Bankcentre
Apr 25, 2015 First State Bank of Porter OK First Bank
Apr 25, 2015 Southern Bancshares Corp. MO Midwest Bankcentre, Inc.
Apr 25, 2015 Liberty Bank MO Simmons Bank
Apr 18, 2015 North Country Bank ND Bravera Bank
Apr 18, 2015 The First National Bank of Chrisman IL First Farmers Bank & Trust Co.
Apr 18, 2015 United Community Bank IL First Farmers Bank & Trust Co.
Apr 18, 2015 Community Bank IL First Farmers Bank & Trust Co.
Apr 18, 2015 Traders Bank TN Wellworth Bank
Apr 18, 2015 Hampden Bank MA Berkshire Bank
Apr 18, 2015 C Financial Corporation OH First Merchants Corporation
Apr 18, 2015 Cooper State Bank OH First Merchants Bank
Apr 18, 2015 Hampden Bancorp, Inc. MA Beacon Financial Corporation
Apr 18, 2015 The Bank of Lawrence County IL Citizens National Bank of Albion

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

Enforcement Actions in 2015

Action date Agency Institution Action
Dec 28, 2015
Released Aug 23, 2018		 FRB Covenant Bancgroup, Inc. Written Agreement: Covenant Bancgroup, Inc., Leeds, Alabama
Dec 23, 2015 FRB (individual) Cease and Desist Order: Higher One, Incorporated, New Haven, Connecticut
Dec 23, 2015 FRB (individual) Civil Money Penalty, $2,231,250: Higher One, Incorporated, New Haven, Connecticut
Dec 18, 2015 OCC First Place Financial Corp. Prohibition/Removal Orders: Blank, Albert P.
Dec 18, 2015 OCC Commonwealth National Bank Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Commonwealth National Bank
Dec 18, 2015 OCC First Place Financial Corp. Civil Money Penalty (CMP): Blank, Albert P.
Dec 17, 2015 OCC American Bank Civil Money Penalty (CMP): Plack, James E.
Dec 17, 2015
Released Dec 22, 2015		 FRB Calumet County Bank Written Agreement: Calumet County Bank, Brillion, Wisconsin
Dec 17, 2015 OCC American Bank Prohibition/Removal Orders: Plack, James E.
Dec 17, 2015 OCC Community Bank, N.A. Prohibition/Removal Orders: Bush, Elsa L.
Dec 16, 2015 OCC Dieterich Bank Formal Agreement: Dieterich Bank, National Association
Dec 16, 2015 OCC Bank of China Formal Agreement: Bank of China
Dec 11, 2015
Released Dec 17, 2015		 FRB Habib Bank Limited Cease and Desist Order: Habib Bank Limited, Karachi, Pakistan and Habib Bank Limited New …
Dec 9, 2015 OCC First Place Financial Corp. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Reay, Craig E.
Dec 9, 2015 OCC First Place Financial Corp. Civil Money Penalty (CMP): Reay, Craig E.
Dec 8, 2015 OCC One National Bancshares, Inc. Prohibition/Removal Orders: Sweet, Matthew D.
Dec 1, 2015 OCC Gibraltar Private Bank & Trust Co. Civil Money Penalty (CMP): Harris, John W.
Dec 1, 2015 OCC Gibraltar Private Bank & Trust Co. Prohibition/Removal Orders: Harris, John W.
Dec 1, 2015 OCC Fidelity Bank of Florida, N.A. Notice of Charges: Guldi, James
Nov 27, 2015 FRB Asian Bank Section 19 Letters: Horng Dai
Nov 25, 2015 OCC Ben Franklin Bank of Illinois Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Ben Franklin Bank of Illinois
Nov 24, 2015 OCC First Federal Community Bank, N.A. Civil Money Penalty (CMP): First Federal Community Bank, National Association
Nov 23, 2015
Released Nov 24, 2015		 FRB The Bank of Monroe Civil Money Penalty, $28,640: The Bank of Monroe, Union, West Virginia
Nov 23, 2015 FRB Susquehanna Corporation Section 19 Letters: Donna McGuire
Nov 23, 2015 FRB Univest Bank and Trust Co. Section 19 Letters: William R. Erickson
Nov 23, 2015 OCC Grand Bancorp, Inc. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Grand Bank, National Association
Nov 19, 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
Nov 18, 2015
Released Nov 24, 2015		 FRB Tri-County Bank Civil Money Penalty, $5000: Tri-County Bank, Brown City, Michigan
Nov 10, 2015 OCC Citizens Bank, N.A. C&D or PC&D Requiring Restitution: Citizens Bank, National Association
Nov 10, 2015 OCC Polonia Bancorp, Inc Formal Agreement: Polonia Bank
Nov 10, 2015 OCC Citizens Bank, N.A. Civil Money Penalty (CMP): Citizens Bank, National Association
Nov 10, 2015 OCC Citizens Bank, N.A. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Citizens Bank, National Association
Nov 9, 2015
Released Nov 12, 2015		 FRB East West Bank Written Agreement: East West Bank, Pasadena, California
Nov 5, 2015
Released Nov 10, 2015		 FRB The Bank of Nova Scotia Trust Company of New York Written Agreement: The Bank of Nova Scotia, Toronto, Canada, and Bank of Nova Scotia …
Nov 5, 2015 FRB (individual) Prohibition from Banking: Rohit Bansal
Nov 4, 2015 FRB (individual) Cease and Desist Order: Deutsche Bank AG, Frankfurt am Main, Germany
Nov 4, 2015 FRB (individual) Civil Money Penalty, $58,000,000: Deutsche Bank AG, Frankfurt am Main, Germany
Oct 29, 2015 OCC Valley National Bank Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Vigil, Nick
Oct 28, 2015 FRB Bank of McKenney Section 19 Letters: James Bryant Neville, Jr.
Oct 23, 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
Oct 19, 2015
Released Oct 20, 2015		 FRB Investment Trust Company Cease and Desist Order: Crédit Agricole S.A., Paris, France, and Crédit Agricole Corporate and …
Oct 19, 2015
Released Oct 20, 2015		 FRB Credit Agricole S.A. Civil Money Penalty, $90,300,000: Credit Agricole S.A. Paris, France
Oct 16, 2015
Released Oct 19, 2015		 FRB Regions Bank Civil Money Penalty, $100,000: Thomas A. Neely, Jr.
Oct 16, 2015
Released Oct 19, 2015		 FRB Regions Bank Prohibition from Banking: Thomas A. Neely, Jr.
Oct 6, 2015 OCC Lydian Private Bank Civil Money Penalty (CMP): Brown, Rory
Oct 2, 2015 OCC First Financial Bank Civil Money Penalty (CMP): First Financial Bank, National Association
Oct 1, 2015 OCC First National Bank Prohibition/Removal Orders: Dailey, Robert Wilson
Sep 18, 2015
Released Sep 22, 2015		 FRB First State Bank of Colorado Civil Money Penalty, $9,285: First State Bank of Colorado, Hotchkiss, Colorado
Sep 18, 2015 FRB First Iowa State Bank Section 19 Letters: Ann Marie Sperfslage
Sep 15, 2015 OCC Wells Fargo Bank, N.A. GLBA Agreement: Wells Fargo Bank, National Association

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