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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
Nov 1, 2015 America's Best Community Federal Credit Union OR Hapo Community Credit Union
Nov 1, 2015 Bell Community Credit Union IL Revity Credit Union
Nov 1, 2015 G P Brunswick Federal Credit Union GA Interstate Credit Union
Nov 1, 2015 The Triumph Baptist Federal Credit Union PA First Harvest Federal Credit Union
Nov 1, 2015 Premier Credit Union IL Consumers Credit Union
Nov 1, 2015 Roanoke Virginia Firemen Federal Credit Union VA Roanoke Valley Community Federal Credit Union
Nov 1, 2015 Bristol Municipal Employees Federal Credit Union CT United Business & Industry Federal Credit Union
Nov 1, 2015 Alatrust, Inc. AL Oakworth Capital Bank
Nov 1, 2015 Wilmington Trust Retirement and Institutional Services Company AZ Wilmington Trust, N.A.
Nov 1, 2015 Reunion Bank of Florida FL National Bank of Commerce
Oct 31, 2015 Malden City Employees Credit Union MA Metro Credit Union
Oct 31, 2015 Canon Bank Corporation CO Glacier Bancorp, Inc.
Oct 31, 2015 Quincy Bancshares, Inc IL Byron B. Webb, Inc.
Oct 31, 2015 Bank of Quincy IL Homebank
Oct 31, 2015 Canon National Bank CO Glacier Bank
Oct 31, 2015 Saint Cloud City & County Employees Credit Union MN Saint Cloud Financial Credit Union
Oct 31, 2015 The State Bank of Blue Mound IL First National Bank of Pana
Oct 29, 2015 Newedge Group — Societe Generale
Oct 28, 2015 UBS Funding IX LLC CT UBS Americas Inc.
Oct 28, 2015 UBS Funding VIII LLC CT UBS Americas Inc.
Oct 28, 2015 UBS Funding III LLC CT UBS Americas Inc.
Oct 24, 2015 Northland Financial ND Choice Financial Group
Oct 24, 2015 Gratiot State Bank WI First National Bank at Darlington
Oct 24, 2015 Richardson County Bank & Trust Company NE Frontier Bank
Oct 23, 2015 Columbus Community Bank GA Southern States Bank
Oct 21, 2015 Reznor Federal Credit Union PA Grove City Federal Credit Union
Oct 17, 2015 The Bank of Maine ME Camden National Bank
Oct 17, 2015 SBM Financial, Inc. ME Camden National Corporation
Oct 17, 2015 Fairfield Financial Holdings Corp. WA Northwest Bancorporation, Inc.
Oct 17, 2015 TrustAtlantic Bank NC First Horizon Bank
Oct 17, 2015 The Lenox National Bank MA Adams Community Bank
Oct 17, 2015 Bank of Fairfield WA Inland Northwest Bank
Oct 16, 2015 The Carson National Bank of Auburn NE Auburn State Bank
Oct 13, 2015 Winside State Bank NE Madison County Bank
Oct 10, 2015 First Federal Savings and Loan Association of Independence KS Equity Bank
Oct 10, 2015 First Independence Corporation KS Equity Bancshares, Inc.
Oct 10, 2015 First Commercial Bank OK Bank SNB
Oct 10, 2015 First Commercial Bancshares, Inc. OK Southwest Bancorp, Inc.
Oct 10, 2015 Greater Delaware Valley Savings Bank PA Wilmington Savings Fund Society, FSB
Oct 10, 2015 Shore Bank VA Xenith Bank
Oct 8, 2015 CSB Bancshares, Inc. OK BancFirst Corporation
Oct 8, 2015 The Guide Rock State Bank NE Cornerstone Bank
Oct 7, 2015 Square 1 Financial, Inc. NC PacWest Bancorp
Oct 7, 2015 Square 1 Bank NC Banc of California
Oct 6, 2015 University Bank KS Gnbank, N.A. dba Gnbank, N.A.
Oct 3, 2015 Llewellyn-Edison Savings Bank, FSB NJ Ascendia Bank
Oct 3, 2015 Trustatlantic Financial Corporation NC First Horizon Merger Sub, LLC
Oct 3, 2015 Pinnacle Bank of South Carolina SC Carolina Alliance Bank
Oct 3, 2015 Pender State Bank NE Frontier Bank
Oct 3, 2015 Cambridge State Bank WI United Community Bank

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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