Calendar Year
2004 in US Banking
1,169 bank events are on record for 2004: 4 failures, 853 mergers or acquisitions involving a bank, credit union or bank holding company, and 312 enforcement actions.
4
Failures
$170.1M in failed assets
853
Mergers
Federal Reserve NIC, banking organizations
312
Enforcement
OCC, FDIC, FRB, OTS and SEC 8-K filings
Jump to: Bank failures 2004 · Bank mergers 2004
How many banks failed in 2004?
4 banks failed in 2004, with $170.1M in assets. Each failure below links to its own page.
| Date | Bank | Assets |
|---|---|---|
| Jun 25, 2004 | Bank of Ephraim | $56.8M |
| Mar 19, 2004 | Reliance Bank | $28.6M |
| Mar 12, 2004 | Guaranty National Bank | $71.3M |
| Feb 14, 2004 | Dollar Savings Bank | $13.4M |
Which banks merged in 2004?
853 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 2004.
See the fuller list: Bank mergers 2004 with largest deals and credit union mergers ›
| Date | Acquired | Acquirer |
|---|---|---|
| Nov 1, 2004 | U. A. L. U. #159 Credit Union | Ibew Members + Credit Union |
| Nov 1, 2004 | S P Federal Credit Union | Coastland Federal Credit Union |
| Oct 31, 2004 | Vilter Credit Union | Prime Financial Credit Union |
| Oct 31, 2004 | Philadelphia Postal Workers Credit Union | Eagle One Federal Credit Union |
| Oct 30, 2004 | Riverton Community Bank | INB, N.A. |
| Oct 30, 2004 | First Federal Savings & Loan Association of Allen Parish | First Federal Bank of Louisiana |
| Oct 30, 2004 | Ail Federal Credit Union | Fourleaf Federal Credit Union |
| Oct 30, 2004 | First Medical Credit Union | Community Choice Credit Union |
| Oct 30, 2004 | Bank of Washtenaw | Fidelity Bank |
| Oct 29, 2004 | Tritten Bancshares, Inc. | Maries County Bancorp., Inc. |
| Oct 28, 2004 | Jackson Federal Bank | MUFG Union Bank, National Association |
| Oct 28, 2004 | P & P U Employees Federal Credit Union | Cooperative Choice Network Credit Union |
| Oct 27, 2004 | Evangeline Parish Federal Credit Union | Onpath Federal Credit Union |
| Oct 25, 2004 | Carta Employees Credit Union | Southern Cu |
| Oct 23, 2004 | Citizens Bank | The Farmers Bank and Trust Company of Georgetown, Kentucky |
| Oct 23, 2004 | Oil Capital Community Credit Union | Oklahoma Central Credit Union |
| Oct 20, 2004 | Quick & Reilly/Fleet Securities, Inc. | NB Holdings Corporation |
| Oct 20, 2004 | Unionfinancial Services & Trust Company | Centrue Bank |
| Oct 20, 2004 | Buhl Bancorporation, Inc. | Timberland Bancorp |
| Oct 18, 2004 | The Community Bank | Southern Community Bank and Trust |
| Oct 16, 2004 | The National Bank of Madisonville | First National Bank of Huntsville |
| Oct 16, 2004 | Vision Bank, FSB | Vision Bank |
| Oct 16, 2004 | Greater Atlanta Catholic Federal Credit Union | Georgia United Credit Union |
| Oct 16, 2004 | Farmers & Merchants Bank | Capital City Bank |
| Oct 15, 2004 | Town Bankshares, Ltd. | Wintrust Financial Corporation |
| Oct 11, 2004 | Plainwell Community Federal Credit Union | Advia Credit Union |
| Oct 9, 2004 | The First National Bank of Slippery Rock | First National Bank of Pennsylvania |
| Oct 9, 2004 | (unnamed) | Oak Hill Banks |
| Oct 9, 2004 | Slippery Rock Financial Corporation | F.N.B. Corporation |
| Oct 9, 2004 | FNB Financial Corporation | Civista Bancshares, Inc |
| Oct 9, 2004 | Raymond Bancshares, Inc. | Heritage Bancshares Group, Inc. |
| Oct 9, 2004 | Farmers' State Bank of Raymond | Heritage Bank, N.A. |
| Oct 9, 2004 | The First National Bank of Shelby | First Citizens Bank |
| Oct 9, 2004 | First Community Bank and Trust | MainSource Bank |
| Oct 5, 2004 | Wayne Bancorp, Inc. | National City Corporation |
| Oct 2, 2004 | Worthington Industries, Inc. Federal Credit Union | Bmi Federal Credit Union |
| Oct 2, 2004 | The Warwick Savings Bank | Sterling National Bank |
| Oct 2, 2004 | The Warwick Commercial Bank | Provident Municipal Bank |
| Oct 2, 2004 | Dutchfork Bancshares, Inc. | First Community Corporation |
| Oct 2, 2004 | The Towne Center Bank | Sterling National Bank |
| Oct 2, 2004 | Lamar Delaware Financial Corporation | Midsouth Bancorp, Inc. |
| Oct 2, 2004 | Lamar Bancshares, Inc. | Midsouth Bancorp, Inc. |
| Oct 2, 2004 | Ua Local 106 Federal Credit Union | Access of Louisiana Federal Credit Union |
| Oct 2, 2004 | Yat Employees Credit Union | Foothills Federal Credit Union |
| Oct 2, 2004 | Newberry Federal Savings Bank | First Community Bank |
| Oct 2, 2004 | Cuyamaca Bank, National Association | Community National Bank |
| Oct 1, 2004 | The Madison Bank | Vist Bank |
| Oct 1, 2004 | Encino State Bank | First Private Bank & Trust |
| Oct 1, 2004 | Klein Bancshares of Delaware, Inc. | Amegy Holding Delaware, Inc. |
| Oct 1, 2004 | Key Bank USA, N.A. | KeyBank N.A. |
The list holds 500 of the 853 mergers recorded for 2004.
Enforcement Actions in 2004
| Action date | Agency | Institution | Action |
|---|---|---|---|
| Nov 4, 2004 | OCC | Bank of America, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Crews, Joseph |
| Nov 4, 2004 | OCC | The Upstate National Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): The Upstate National Bank |
| Nov 4, 2004 | OCC | Bank of America, N.A. | Prohibition/Removal Orders: Crews, Joseph |
| Oct 29, 2004 | OCC | Union Bank of California Foundation | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Arpajian, Meline |
| Oct 29, 2004 | OCC | City National Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Arpajian, Meline |
| Oct 28, 2004 | OCC_OTS | United Fidelity Bank, FSB | Termination of Supervisory Agreement: United Fidelity Bank, fsb |
| Oct 26, 2004 | FRB | (individual) | Written Agreement: County Bank, Merced, CA |
| Oct 25, 2004 | OCC | Herring National Company | Formal Agreement: The Herring National Bank |
| Oct 22, 2004 | OCC | New York National Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): New York National Bank |
| Oct 21, 2004 | OCC | First National Bank of Sumner The-Retained Charter | Prohibition/Removal Orders: Johnson, Joseph E. |
| Oct 21, 2004 | OCC | First National Bank of Sumner The-Retained Charter | Civil Money Penalty (CMP): Johnson, Joseph E. |
| Oct 21, 2004 | OCC_OTS | Ponce De Leon Mortgage Corporation | Supervisory Agreement: Ponce de Leon Federal Bank |
| Oct 20, 2004 | OCC_OTS | Lyons Federal Savings Association | Civil Money Penalty: Kevin L. McClure |
| Oct 20, 2004 | FRB | Kenco Bancshares, Inc. | Written Agreement: William J. Collier |
| Oct 19, 2004 | OCC | The National State Bank of Metropolis | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Healey, Gregory P. |
| Oct 19, 2004 | OCC | The National State Bank of Metropolis | Civil Money Penalty (CMP): Healey, Gregory P. |
| Oct 18, 2004 | OCC | The Bank of Miami, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): International Bank of Miami, National Association |
| Oct 18, 2004 | OCC | Bank of America, N.A. | Prohibition/Removal Orders: Poghosyan, Aznaour |
| Oct 18, 2004 | OCC | Peoples National Bank of Kewanee | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Peoples National Bank of Kewanee |
| Oct 18, 2004 | FRB | Union Bank of California International | Written Agreement: Union Bank of California International, New York, NY |
| Oct 18, 2004 | OCC | Bank of America, N.A. | C&D or PC&D Requiring Restitution: Poghosyan, Aznaour |
| Oct 15, 2004 | OCC_OTS | Citizens Building and Loan MHC | Supervisory Agreement: Citizens Building and Loan Association |
| Oct 15, 2004 | OCC_OTS | Golden Prague Federal Savings and Loan Association | Supervisory Agreement: Golden Prague Federal S&LA |
| Oct 14, 2004 | FRB | (individual) | Written Agreement: The Community State Bank, Poteau, Oklahoma |
| Oct 13, 2004 | OCC | (individual) | Civil Money Penalty (CMP): Burns, Brian |
| Oct 13, 2004 | FRB | Kenco Bancshares, Inc. | Written Agreement: Jesse L. Reese |
| Oct 13, 2004 | OCC | (individual) | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Burns, Brian |
| Oct 13, 2004 | OCC | Pelican National Bank | Prohibition/Removal Orders: Calton, Melissa I. |
| Oct 12, 2004 | FRB | Amsouth Bancorporation | Cease and Desist Order: AmSouth Bancorporation and AmSouth Bank, Birmingham, AL |
| Oct 12, 2004 | FRB | Amsouth Bancorporation | Civil Money Penalty $10,000,000: AmSouth Bancorporation and AmSouth Bank, Birmingham, AL |
| Oct 12, 2004 | OCC_OTS | Rayne Building & Loan Association | Supervisory Agreement: Rayne Building and Loan Association |
| Oct 8, 2004 | OCC | First National Bank and Trust | Civil Money Penalty (CMP): Culbertson, Lloyd K. |
| Oct 7, 2004 | FRB | (individual) | Written Agreement: Standard Chartered plc, London, United Kingdom, Standard Chartered Bank, London, United Kingdom, … |
| Oct 4, 2004 | OCC_OTS | Commercial Federal Bank, a Federal Savings Bank | Orders of Removal/Prohibition: Ginger D. Millbern |
| Oct 1, 2004 | OCC | Titan Bank, N.A. | Formal Agreement: First National Bank, Graford |
| Oct 1, 2004 | OCC_OTS | Horizon Bank | Civil Money Penalty: Horizon Bank, FSB |
| Oct 1, 2004 | OCC_OTS | Horizon Bank | Supervisory Agreement: Horizon Bank, FSB |
| Sep 30, 2004 | OCC_OTS | Community Development Insurance Services, LLC | Supervisory Agreement: Community Development Bank |
| Sep 30, 2004 | OCC_OTS | Federal Medical Bank, FSB | Supervisory Agreement: Federal Medical Bank, FSB |
| Sep 29, 2004 | OCC | The Huntington National Bank | Prohibition/Removal Orders: Thomas-Nicholson, Dyann R. |
| Sep 29, 2004 | OCC | The Huntington National Bank | C&D or PC&D Requiring Restitution: Thomas-Nicholson, Dyann R. |
| Sep 28, 2004 | OCC | Union Bank of California Foundation | Prohibition/Removal Orders: Hill, Charles Y. |
| Sep 28, 2004 | OCC | (individual) | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Hobgood, Darrell |
| Sep 28, 2004 | OCC | Union Bank of California Foundation | C&D or PC&D Requiring Restitution: Hill, Charles Y. |
| Sep 28, 2004 | OCC_OTS | Dollar Savings Bank | Civil Money Penalty: Robert DeMane |
| Sep 28, 2004 | OCC_OTS | Dollar Savings Bank | Orders of Removal/Prohibition: Larry Marro |
| Sep 28, 2004 | OCC_OTS | Dollar Savings Bank | Orders of Removal/Prohibition: Robert DeMane |
| Sep 28, 2004 | OCC | (individual) | Civil Money Penalty (CMP): Hobgood, Darrell |
| Sep 27, 2004 | OCC_OTS | River Valley Bancorp | Civil Money Penalty: River Valley Fianncial Bank |
| Sep 27, 2004 | OCC_OTS | River Valley Bancorp | Cease and Desist: River Valley Financial Bank |
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