Skip to main content

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 HQ Assets Acquirer or resolution
Jun 25, 2004 Bank of Ephraim Ephraim, UT $56.8M Far West Bank
Mar 19, 2004 Reliance Bank White Plains, NY $28.6M Union State Bank
Mar 12, 2004 Guaranty National Bank Tallahassee, FL $71.3M Hancock Bank
Feb 14, 2004 Dollar Savings Bank Newark, NJ $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 St Acquirer
Nov 1, 2004 U. A. L. U. #159 Credit Union CA Ibew Members + Credit Union
Nov 1, 2004 S P Federal Credit Union LA Coastland Federal Credit Union
Oct 31, 2004 Vilter Credit Union WI Prime Financial Credit Union
Oct 31, 2004 Philadelphia Postal Workers Credit Union PA Eagle One Federal Credit Union
Oct 30, 2004 Riverton Community Bank IL INB, N.A.
Oct 30, 2004 First Federal Savings & Loan Association of Allen Parish LA First Federal Bank of Louisiana
Oct 30, 2004 Ail Federal Credit Union NY Fourleaf Federal Credit Union
Oct 30, 2004 First Medical Credit Union CO Community Choice Credit Union
Oct 30, 2004 Bank of Washtenaw MI Fidelity Bank
Oct 29, 2004 Tritten Bancshares, Inc. MO Maries County Bancorp., Inc.
Oct 28, 2004 Jackson Federal Bank CA MUFG Union Bank, National Association
Oct 28, 2004 P & P U Employees Federal Credit Union IL Cooperative Choice Network Credit Union
Oct 27, 2004 Evangeline Parish Federal Credit Union LA Onpath Federal Credit Union
Oct 25, 2004 Carta Employees Credit Union TN Southern Cu
Oct 23, 2004 Citizens Bank KY The Farmers Bank and Trust Company of Georgetown, Kentucky
Oct 23, 2004 Oil Capital Community Credit Union OK Oklahoma Central Credit Union
Oct 20, 2004 Quick & Reilly/Fleet Securities, Inc. RI NB Holdings Corporation
Oct 20, 2004 Unionfinancial Services & Trust Company IL Centrue Bank
Oct 20, 2004 Buhl Bancorporation, Inc. MN Timberland Bancorp
Oct 18, 2004 The Community Bank NC Southern Community Bank and Trust
Oct 16, 2004 The National Bank of Madisonville TX First National Bank of Huntsville
Oct 16, 2004 Vision Bank, FSB FL Vision Bank
Oct 16, 2004 Greater Atlanta Catholic Federal Credit Union GA Georgia United Credit Union
Oct 16, 2004 Farmers & Merchants Bank GA Capital City Bank
Oct 15, 2004 Town Bankshares, Ltd. WI Wintrust Financial Corporation
Oct 11, 2004 Plainwell Community Federal Credit Union MI Advia Credit Union
Oct 9, 2004 The First National Bank of Slippery Rock PA First National Bank of Pennsylvania
Oct 9, 2004 (unnamed) — Oak Hill Banks
Oct 9, 2004 Slippery Rock Financial Corporation PA F.N.B. Corporation
Oct 9, 2004 FNB Financial Corporation OH Civista Bancshares, Inc
Oct 9, 2004 Raymond Bancshares, Inc. MN Heritage Bancshares Group, Inc.
Oct 9, 2004 Farmers' State Bank of Raymond MN Heritage Bank, N.A.
Oct 9, 2004 The First National Bank of Shelby OH First Citizens Bank
Oct 9, 2004 First Community Bank and Trust IN MainSource Bank
Oct 5, 2004 Wayne Bancorp, Inc. OH National City Corporation
Oct 2, 2004 Worthington Industries, Inc. Federal Credit Union OH Bmi Federal Credit Union
Oct 2, 2004 The Warwick Savings Bank NY Sterling National Bank
Oct 2, 2004 The Warwick Commercial Bank NY Provident Municipal Bank
Oct 2, 2004 Dutchfork Bancshares, Inc. SC First Community Corporation
Oct 2, 2004 The Towne Center Bank NJ Sterling National Bank
Oct 2, 2004 Lamar Delaware Financial Corporation DE Midsouth Bancorp, Inc.
Oct 2, 2004 Lamar Bancshares, Inc. TX Midsouth Bancorp, Inc.
Oct 2, 2004 Ua Local 106 Federal Credit Union LA Access of Louisiana Federal Credit Union
Oct 2, 2004 Yat Employees Credit Union TN Foothills Federal Credit Union
Oct 2, 2004 Newberry Federal Savings Bank SC First Community Bank
Oct 2, 2004 Cuyamaca Bank, National Association CA Community National Bank
Oct 1, 2004 The Madison Bank PA Vist Bank
Oct 1, 2004 Encino State Bank CA First Private Bank & Trust
Oct 1, 2004 Klein Bancshares of Delaware, Inc. DE Amegy Holding Delaware, Inc.
Oct 1, 2004 Key Bank USA, N.A. OH KeyBank N.A.

The list holds 500 of the 853 mergers recorded for 2004.

Enforcement Actions in 2004

Action date Agency Institution Action
Jul 19, 2004 OCC_OTS Gibraltar Private Bank & Trust Co. Orders of Removal/Prohibition: Julio Calil
Jul 19, 2004 OCC_OTS United Holding Company, Inc. Cease and Desist: United Holding Company, Inc.
Jul 19, 2004 OCC_OTS Gibraltar Private Bank & Trust Co. Civil Money Penalty: Julio Calil
Jul 16, 2004 OCC_OTS Home Federal Savings Bank Cease and Desist: Home Federal Savings Bank
Jul 14, 2004 OCC Bank of America, N.A. Prohibition/Removal Orders: Edmond, Stephanie
Jul 14, 2004 OCC Bank of America, N.A. C&D or PC&D Requiring Restitution: Edmond, Stephanie
Jul 14, 2004 OCC First Tennessee Bank, National Association C&D or PC&D Requiring Restitution: Edmond, Stephanie
Jul 14, 2004 OCC First Tennessee Bank, National Association Prohibition/Removal Orders: Edmond, Stephanie
Jul 13, 2004 OCC The First National Bank of Evant Formal Agreement: The First National Bank of Evant
Jul 13, 2004 FRB (individual) Written Agreement: Traders Bank, A Banking Corporation, Spencer, WV
Jul 12, 2004 OCC_OTS Sobieski Bank Prompt Corrective Action: Sobieski Bank
Jul 9, 2004 FRB First Midwest Bank Written Agreement: First Midwest Bank, Itasca, Illinois
Jul 8, 2004 OCC The First National Bank of Mt. Pulaski Civil Money Penalty (CMP): Schmidt, J. Gene
Jul 2, 2004 OCC_OTS United Bank Cease and Desist: United Bank
Jun 30, 2004 OCC_OTS Bank Mutual Orders of Removal/Prohibition: Tony J. Anguiano, Jr.
Jun 30, 2004 OCC_OTS Algiers Bancorp, Inc. Orders of Removal/Prohibition: Joann Nichols
Jun 25, 2004 OCC Union Planters Corporation Prohibition/Removal Orders: Wiley, Lena M.
Jun 24, 2004 OCC The First National Bank of O'Donnell Prohibition/Removal Orders: Hogg, Jon
Jun 24, 2004 OCC (individual) Formal Agreement: Western National Bank
Jun 24, 2004 OCC The First National Bank of O'Donnell Civil Money Penalty (CMP): Hogg, Jon
Jun 23, 2004 OCC_OTS Universal Federal Savings Bank Cease and Desist: Maureen Navarro
Jun 22, 2004 OCC Surety Capital Corporation Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Surety Bank, National Association
Jun 21, 2004 OCC The First National Bank of Mt. Pulaski Civil Money Penalty (CMP): Hollis, Jerry
Jun 17, 2004 FRB First Tennessee Bank National Association Memphis Prohibition from Banking: Stephanie Edmond
Jun 16, 2004 FRB Kenco Bancshares, Inc. Written Agreement: Kenco Bancshares, Inc., Jayton, TX
Jun 14, 2004 OCC JPMorgan Chase Bank, N.A. Prohibition/Removal Orders: Volkert, Adam S.
Jun 14, 2004 OCC Bank One Trust Company, N.A. Civil Money Penalty (CMP): Volkert, Adam S.
Jun 11, 2004 OCC First National Bank and Trust Formal Agreement: First National Bank and Trust
Jun 10, 2004 OCC The First National Bank of De Witt Formal Agreement: The First National Bank of de Witt
Jun 9, 2004 OCC_OTS Washington Mutual, a Federal Savings Bank Orders of Removal/Prohibition: Vernon H. Roy
Jun 9, 2004 OCC_OTS Washington Mutual, a Federal Savings Bank Civil Money Penalty: Vernon H. Roy
Jun 7, 2004 OCC The First National Bank of O'Donnell Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Hogg, Matt
Jun 7, 2004 OCC The First National Bank of O'Donnell Civil Money Penalty (CMP): Hogg, Matt
Jun 7, 2004 OCC Integra Bank N.A. Civil Money Penalty (CMP): Stull, Brian
Jun 7, 2004 OCC First National Bank and Trust Formal Agreement: First National Bank and Trust
Jun 7, 2004 OCC Integra Bank N.A. Prohibition/Removal Orders: Stull, Brian
Jun 7, 2004 OCC_OTS Hamilton Federal Bank Civil Money Penalty: Hamilton Federal Bank
Jun 7, 2004 OCC Integra Bank N.A. C&D or PC&D Requiring Restitution: Stull, Brian
May 29, 2004 FRB Cib Marine Bancshares, Inc. Written Agreement: CIB Marine Bancshares, Inc.Pewaukee, WI
May 27, 2004 OCC_OTS United Trust Bank Cease and Desist: United Trust Bank
May 27, 2004 OCC Merchants Bank of California, N.A. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Merchants Bank of California, National Association
May 27, 2004 FRB Citigroup Inc. Cease and Desist Order: Citigroup Inc., New York, NY and CitiFinancial Credit Company, Baltimore, …
May 27, 2004 FRB Citigroup Inc. Civil Money Penalty $70,000,000: Citigroup Inc., New York, NY and CitiFinancial Credit Company, Baltimore, …
May 24, 2004 OCC Omega Financial Corporation Civil Money Penalty (CMP): Omega Bank, National Association
May 24, 2004 OCC Credit One Bank, N.A. C&D or PC&D Requiring Restitution: First National Bank of Marin
May 24, 2004 OCC BNY Mellon, N.A. C&D or PC&D Requiring Restitution: Bassett, Josiah C.
May 24, 2004 OCC Credit One Bank, N.A. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): First National Bank of Marin
May 24, 2004 OCC BNY Mellon, N.A. Prohibition/Removal Orders: Bassett, Josiah C.
May 21, 2004 FRB Riggs National Corporation Cease and Desist Order: Riggs National Corporation, Washington, D.C. and Riggs International Banking Corporation, …
May 20, 2004 OCC Beatrice National Corporation Civil Money Penalty (CMP): Cook, William

Browse adjacent years: 2003 · 2005

Or jump to a category: Failures · Mergers · Enforcement · Assistance