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 1, 2015 | Etowah Valley Federal Credit Union | Georgia United Credit Union |
| Aug 1, 2015 | Waterloo Police Credit Union | Veridian Credit Union |
| Aug 1, 2015 | Prairie National Bank | First National Bank of Waterloo |
| Aug 1, 2015 | Eastside Family Federal Credit Union | Community Choice Credit Union |
| Aug 1, 2015 | Prince Kuhio Federal Credit Union | Hawaii Federal Credit Union |
| Aug 1, 2015 | R I D Federal Credit Union | Gas and Electric Credit Union |
| Aug 1, 2015 | Clements Federal Credit Union | Southpoint Financial Credit Union |
| Aug 1, 2015 | Our Lady of Good Hope Credit Union | Kohler Credit Union |
| Aug 1, 2015 | Visterra Credit Union | Altura Federal Credit Union |
| Aug 1, 2015 | Mancos Valley Bank | The Dolores State Bank |
| Aug 1, 2015 | Oxford Credit Union | Summit Credit Union |
| Aug 1, 2015 | Anadarko Bank and Trust Company | Bank of Commerce |
| Aug 1, 2015 | Va Regional Office Federal Credit Union | Genco Federal Credit Union |
| Jul 31, 2015 | First Reinsurance, Inc. | Associated Bank, N.A. |
| Jul 30, 2015 | Carver Branch Ymca Federal Credit Union | Caddo Parish Teachers Federal Credit Union |
| Jul 28, 2015 | South End Savings, s.b. | First Savings Bank of Hegewisch |
| Jul 25, 2015 | Community Financial Shares, Inc. | Wintrust Financial Corporation |
| Jul 25, 2015 | Madison Financial Corporation | Kentucky Bancshares, Inc. |
| Jul 25, 2015 | Madison Bank | Kentucky Bank |
| Jul 25, 2015 | Community Bank-Wheaton/Glen Ellyn | Wheaton Bank & Trust Company, N.A. |
| Jul 25, 2015 | SouthBank, a Federal Savings Bank | SouthState Bank, N.A. |
| Jul 25, 2015 | Absarokee Bancorporation, Inc. | First Interstate Bancsystem, Inc. |
| Jul 25, 2015 | First National Bank of Muhlenberg County, Kentucky | First Southern National Bank |
| Jul 25, 2015 | First Bank of Georgia | State Bank and Trust Company |
| Jul 25, 2015 | United Bank | First Interstate Bank |
| Jul 25, 2015 | Vision Bank - Texas | Texas Bank and Trust Company |
| Jul 18, 2015 | Alton Bancorporation | American State Bank |
| Jul 18, 2015 | First National Bank | United Community Bank |
| Jul 18, 2015 | Suburban Bank & Trust Company | Hinsdale Bank & Trust Company, N.A. |
| Jul 18, 2015 | Memorial City Bank | CommunityBank of Texas, N.A. |
| Jul 18, 2015 | Grand Bankshares, Inc. | Seacoast Banking Corporation of Florida |
| Jul 18, 2015 | Grand Bank & Trust of Florida | Seacoast National Bank |
| Jul 18, 2015 | Suburban Illinois Bancorp, Inc. | Wintrust Financial Corporation |
| Jul 18, 2015 | Community Bank | American State Bank |
| Jul 17, 2015 | MSB Financial, MHC | MSB Financial Corp |
| Jul 17, 2015 | St James Federal Savings and Loan Association | Wells Federal Bank |
| Jul 16, 2015 | Easton Bancorp, Inc. | Delmarva Bancshares, Inc. |
| Jul 16, 2015 | Easton Bank & Trust | 1880 Bank |
| Jul 11, 2015 | Pekin National Bank | Community Partners Savings Bank |
| Jul 11, 2015 | The Farmers State Bank | Almena State Bank |
| Jul 11, 2015 | The State Bank of Oskaloosa | The Union State Bank of Everest |
| Jul 11, 2015 | Northern Bancshares, Inc. | Ameribancshares, Inc. |
| Jul 11, 2015 | Trailblazer Federal Credit Union | Chrome Federal Credit Union |
| Jul 11, 2015 | Kenney Bank and Trust | Fortress Bank |
| Jul 9, 2015 | Equitable Financial Corporation | Equitable Financial Corp. |
| Jul 9, 2015 | Equitable Financial MHC | Equitable Financial Corp. |
| Jul 4, 2015 | The State Bank of Lima | Town and Country Bank Midwest |
| Jul 2, 2015 | North Bank | Wintrust Bank, N.A. |
| Jul 2, 2015 | Vib Corp | Utrecht-America Holdings LLC |
| Jul 1, 2015 | Fulton State Bank | Farmers State 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 |
Browse adjacent years: 2014 · 2016
Or jump to a category: Failures · Mergers · Enforcement · Assistance