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 |
|---|---|---|---|
| Sep 24, 2004 | OCC_OTS | Central Bank for Savings | Cease and Desist: Central Bank For Savings |
| Sep 22, 2004 | OCC | First Liberty National Bank | Civil Money Penalty (CMP): Donahue, Patrick M. |
| Sep 22, 2004 | OCC_OTS | (individual) | Termination of Cease and Desist: Greater Sourth Texas Bank, FSB |
| Sep 22, 2004 | OCC | (individual) | Civil Money Penalty (CMP): Carruth, Johnny Bob |
| Sep 22, 2004 | OCC | (individual) | Prohibition/Removal Orders: Carruth, Johnny Bob |
| Sep 22, 2004 | OCC | First Liberty National Bank | Civil Money Penalty (CMP): Mohan, Madhu |
| Sep 22, 2004 | OCC | First Liberty National Bank | Civil Money Penalty (CMP): Mason, Arthur |
| Sep 22, 2004 | OCC | First Liberty National Bank | Civil Money Penalty (CMP): Mahoney, John J. |
| Sep 22, 2004 | OCC | First Liberty National Bank | Civil Money Penalty (CMP): Kumar, Dr. Shailendra |
| Sep 22, 2004 | OCC | First Liberty National Bank | Civil Money Penalty (CMP): Jacquemin, John M. |
| Sep 22, 2004 | OCC | First Liberty National Bank | Civil Money Penalty (CMP): Goel, K.C. |
| Sep 22, 2004 | OCC | Sinclair National Bank | Civil Money Penalty (CMP): Chaitman, Helen Davis |
| Sep 21, 2004 | OCC | The Fullerton National Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Fullerton National Bank |
| Sep 21, 2004 | OCC_OTS | First Federal Community Bank, SSB | Orders of Removal/Prohibition: Christopher G. Mallory |
| Sep 20, 2004 | OCC | Marion Center Bank | Formal Agreement: The Marion Center National Bank |
| Sep 17, 2004 | OCC | Cortrust Bank N.A. | Civil Money Penalty (CMP): Cortrust Bank National Association |
| Sep 17, 2004 | OCC_OTS | Anchor Bancorp Wisconsin, Inc. | Cease and Desist: Anchor Bank |
| Sep 16, 2004 | OCC_OTS | UmbrellaBank, FSB | Orders of Removal/Prohibition: Peter M. Hueser |
| Sep 14, 2004 | OCC_OTS | Sykesville Federal Savings Association | Supervisory Agreement: Sykesville FSA |
| Sep 13, 2004 | OCC | Union Bank of California Foundation | Prohibition/Removal Orders: Cadena, Veronica E. |
| Sep 13, 2004 | OCC_OTS | Guaranty Bank | Orders of Removal/Prohibition: Shannon Cason |
| Sep 9, 2004 | OCC_OTS | Advance Financial Bancorp | Orders of Removal/Prohibition: Frederick C. Taggart |
| Sep 7, 2004 | OCC | First National Bank in Las Vegas | Formal Agreement: First National Bank in Las Vegas |
| Sep 3, 2004 | OCC | (individual) | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Morris, Kim |
| Sep 3, 2004 | OCC | (individual) | Civil Money Penalty (CMP): Morris, Kim |
| Sep 2, 2004 | OCC | The First National Bank of O'Donnell | Civil Money Penalty (CMP): Hogg, Nelson D. |
| Sep 1, 2004 | OCC_OTS | First Federal Bank | Civil Money Penalty: First Federal Bank |
| Sep 1, 2004 | OCC | Old National Bank | Civil Money Penalty (CMP): Old National Bank |
| Aug 31, 2004 | OCC_OTS | Colombo Bancshares, Inc. | Civil Money Penalty: Colombo Bank |
| Aug 31, 2004 | OCC_OTS | Colombo Bancshares, Inc. | Cease and Desist: Colombo Bank |
| Aug 27, 2004 | OCC_OTS | The Brattleboro Savings and Loan Association, F.A. | Cease and Desist: The Brattleboro Savings & Loan Association, F.A. |
| Aug 27, 2004 | OCC_OTS | Snyder Savings and Loan Association | Termination of Cease and Desist: Bruce Kallemeyn |
| Aug 24, 2004 | OCC | Union Bank of California Foundation | Prohibition/Removal Orders: Olaiz, Pamela I. |
| Aug 23, 2004 | FRB | NorCrown Bank | Notice of Prohibition: Charles Kushner |
| Aug 23, 2004 | FRB | Garden City Bancshares, Inc. | Notice of Prohibition: Kenneth M. Matzdorff |
| Aug 19, 2004 | OCC | Citrus Financial Services, Inc. | Formal Agreement: Citrus Bank, National Association |
| Aug 19, 2004 | OCC | Citizens Bank of Kansas | Formal Agreement: Citizens Bank of Kansas, National Association |
| Aug 19, 2004 | OCC | The First National Bank of Valentine | Formal Agreement: The First National Bank of Valentine |
| Aug 18, 2004 | OCC | First Century Bank, N.A. | Formal Agreement: The National Bank of Gainesville |
| Aug 14, 2004 | OCC_OTS | Union Savings Bank | Civil Money Penalty: Union Savings Bank |
| Aug 11, 2004 | OCC | Capital One, N.A. | Prohibition/Removal Orders: Ball, Ado W. |
| Jul 30, 2004 | OCC_OTS | Lincoln Park Savings and Loan Association | Civil Money Penalty: Lincoln Park S&LA |
| Jul 29, 2004 | OCC | First National Bank of Sumner The-Retained Charter | Civil Money Penalty (CMP): Meyer, A. Melinda |
| Jul 29, 2004 | OCC | First National Bank of Sumner The-Retained Charter | Civil Money Penalty (CMP): Puzey, Christina M. |
| Jul 29, 2004 | OCC | First National Bank of Sumner The-Retained Charter | Civil Money Penalty (CMP): Puzey, Lyle D. |
| Jul 28, 2004 | OCC_OTS | Lyons Federal Savings Association | Cease and Desist: Lyons FSA |
| Jul 27, 2004 | OCC | Steel Valley Bank, N.A. | Formal Agreement: Steel Valley Bank, National Association |
| Jul 26, 2004 | OCC | CNB National Bank | Civil Money Penalty (CMP): CNB National Bank |
| Jul 23, 2004 | FRB | Abn Amro Bank N.V. | Written Agreement: ABN AMRO Bank, N.V., Amsterdam, The Netherlands and ABN AMRO Bank, N.V. … |
| Jul 22, 2004 | OCC | U.S. Bank N.A. | Prohibition/Removal Orders: Garcia, Frank |
Browse adjacent years: 2003 · 2005
Or jump to a category: Failures · Mergers · Enforcement · Assistance