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 |
|---|---|---|
| Sep 30, 2015 | Northwest Baptist Federal Credit Union | Seattle Metropolitan Credit Union |
| Sep 30, 2015 | Shbi, Inc. | Shore Bancshares, Inc. |
| Sep 30, 2015 | National Penn Wealth Managment N.A. | National Penn Bank |
| Sep 30, 2015 | Air Line Pilots Association Federal Credit Union | Connexus Credit Union |
| Sep 30, 2015 | Lewiston State Bank | Altabank |
| Sep 30, 2015 | Saint Marys Parish Ottoville Federal Credit Union | Superior Credit Union Inc |
| Sep 30, 2015 | Oko Cal Federal Credit Union | North Jersey Federal Credit Union |
| Sep 25, 2015 | Independent Banker's Bank of Florida | First National Bankers Bank |
| Sep 23, 2015 | Berkshire Federal Credit Union | Greylock Federal Credit Union |
| Sep 19, 2015 | Centurion Federal Credit Union | Crane Credit Union |
| Sep 19, 2015 | Midwest Federal Employees Credit Union | Veridian Credit Union |
| Sep 19, 2015 | Big Dutch Fleet Credit Union | A a C Credit Union |
| Sep 19, 2015 | Northwest Georgia Bank | FirstBank |
| Sep 18, 2015 | Fife Commercial Bank | Kitsap Bank |
| Sep 16, 2015 | Louisiana Bancorp, Inc. | Home Bancorp, Inc. |
| Sep 16, 2015 | Bank of New Orleans | Home Bank, N.A. |
| Sep 14, 2015 | Fairmount Bancorp, Inc. | Hamilton Bancorp, Inc. |
| Sep 14, 2015 | Fairmount Bank | Hamilton Bank |
| Sep 12, 2015 | The First National Bank of Throckmorton | Interbank |
| Sep 12, 2015 | First Scottsdale Bank, N.A. | Arizona Bank & Trust |
| Sep 12, 2015 | Throckmorton Bancshares, Inc. | Olney Bancshares of Texas, Inc. |
| Sep 10, 2015 | Puget Sound Financial Services, Inc. | Olympic Bancorp, Inc. |
| Sep 5, 2015 | First State Bank | Simmons Bank |
| Sep 5, 2015 | America California Bank | First National Bank of Northern California |
| Sep 5, 2015 | American Union Savings and Loan Association, S.B. | Central Savings, F.S.B. |
| Sep 4, 2015 | Sidell Bancorp, Inc. | Edgar County Banc Shares, Inc. |
| Sep 1, 2015 | First Choice Credit Union | Align Credit Union |
| Sep 1, 2015 | CRB Auto, Inc. | California Republic Bank |
| Sep 1, 2015 | Smartfinancial, Inc. | Smartfinancial, Inc. |
| Sep 1, 2015 | JPMorgan Bank and Trust Company, N.A. | JPMorgan Chase Bank, N.A. |
| Sep 1, 2015 | Highland Financial Services, Inc. | Hamilton State Bancshares, Inc. |
| Sep 1, 2015 | H & R Block Bank | Axos Bank |
| Sep 1, 2015 | Highland Commercial Bank | Hamilton State Bank |
| Sep 1, 2015 | Magna Bank | Pinnacle Bank |
| Sep 1, 2015 | Hana Bank | Keb Hana Bank |
| Sep 1, 2015 | Newton County Bancorporation, Inc. | BankFirst Capital Corporation |
| Sep 1, 2015 | Palmetto Bancshares, Inc. | United Community Banks, Inc. |
| Sep 1, 2015 | The Palmetto Bank | United Community Bank |
| Sep 1, 2015 | Western Bank, National Association | American National Bank |
| Sep 1, 2015 | Community Credit Union | Verve a Credit Union |
| Sep 1, 2015 | Newton County Bank | BankFirst Financial Services |
| Sep 1, 2015 | Louisville Medical Center Federal Credit Union | Park Federal Credit Union dba Park Community Credit Union |
| Sep 1, 2015 | Palm Springs City Employees Federal Credit Union | Sun Community Federal Credit Union |
| Aug 31, 2015 | UBS Trust Company, N.A. | Reliance Trust Company of Delaware |
| Aug 31, 2015 | D-B Employees Credit Union | Siu Credit Union |
| Aug 29, 2015 | The Patapsco Bank | Howard Bank |
| Aug 29, 2015 | Patapsco Bancorp, Inc. | Howard Bancorp, Inc. |
| Aug 29, 2015 | Penacol Federal Credit Union | Usx Federal Credit Union |
| Aug 29, 2015 | The Scott County State Bank | Your Community Bank |
| Aug 22, 2015 | Community Bank | New Mexico Bank & Trust |
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 |
Browse adjacent years: 2014 · 2016
Or jump to a category: Failures · Mergers · Enforcement · Assistance