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 20, 2004 | CNA Trust Corporation | Nevada Security Bank |
| Nov 20, 2004 | Citizens Bank | First Citizens Bank and Trust Company, Inc. |
| Nov 17, 2004 | Orange Savings Bank of Texas, SSB | Orange Savings Bank, SSB |
| Nov 15, 2004 | Beth El Federal Credit Union | Morton Lane Federal Credit Union |
| Nov 15, 2004 | Chattahoochee National Bank | First Capital Bank |
| Nov 15, 2004 | Shenandoah County Credit Union | Dupont Community Credit Union |
| Nov 13, 2004 | Bank One, National Association | JPMorgan Chase Bank, N.A. |
| Nov 13, 2004 | First Carnegie Deposit | Northwest Bank |
| Nov 13, 2004 | Summit Community Bank | Summit Community Bank, Inc |
| Nov 13, 2004 | Bank One, National Association | JPMorgan Chase Bank, N.A. |
| Nov 12, 2004 | EverTrust Bank | KeyBank N.A. |
| Nov 11, 2004 | The First National Bank of Decatur | Main Street Bank & Trust |
| Nov 8, 2004 | Eastman Acquisition Holding Company | Eastman National Bancshares, Inc. |
| Nov 8, 2004 | Aflex Federal Credit Union | Southern Chautauqua Federal Credit Union |
| Nov 6, 2004 | Oakland State Bank | Great Western Bank |
| Nov 6, 2004 | Oak Bancorporation | Great Western Bancorporation, Inc. |
| Nov 6, 2004 | Security Bancorp | Great Western Bancorporation, Inc. |
| Nov 6, 2004 | Badin Employees Federal Credit Union | Premier Federal Credit Union |
| Nov 6, 2004 | Security State Bank | Great Western Bank |
| Nov 6, 2004 | First National Bank | Austin Bank, Texas N.A. |
| Nov 3, 2004 | Snake River Bancorp, Inc. | Intermountain Community Bancorp |
| Nov 3, 2004 | Magic Valley Bank | Panhandle State Bank |
| Nov 1, 2004 | BNY Trust Company of Missouri | The Bank of New York Mellon Trust Company, N.A. |
| Nov 1, 2004 | Doctors' Bancorp | The Private Bank of California |
| Nov 1, 2004 | Eagle National Bank | United Community Bank |
| Nov 1, 2004 | MidCountry Bank | Midcountry Bank |
| Nov 1, 2004 | Union Planters Holding Corporation | Regions Financial Corporation |
| Nov 1, 2004 | Evertrust Financial Group, Inc. | KeyCorp |
| Nov 1, 2004 | Bank of Texas Trust Company, N.A. | Bank of Texas. National Association |
| Nov 1, 2004 | Dillard National Bank | (unnamed) |
| Nov 1, 2004 | Community First Technologies, Inc. | Community First Bankshares, Inc. |
| Nov 1, 2004 | Southtrust Corporation | Wachovia Corporation |
| Nov 1, 2004 | First Security Investment Services | Ibid, Inc. |
| Nov 1, 2004 | Chesterfield Federal Savings and Loan Association of Chicago | Midamerica Bank, FSB |
| Nov 1, 2004 | Number 1 Federal Credit Union | Center Parc Credit Union |
| Nov 1, 2004 | Rural American Bank-Montgomery/Lonsdale | Frandsen Bank & Trust |
| Nov 1, 2004 | Fox Point Credit Union | Pioneer Credit Union |
| Nov 1, 2004 | Century Diversified Federal Credit Union | Hbi Employees Credit Union |
| Nov 1, 2004 | The Bank of New York Trust Company, N.A. | The Bank of New York Mellon Trust Company, N.A. |
| Nov 1, 2004 | Protective Industrial Federal Credit Union | Mutual Savings Credit Union |
| Nov 1, 2004 | The Springfield Credit Union | Ih Credit Union, Inc |
| Nov 1, 2004 | Texas State Florists' Association Credit Union | The Florist Federal Credit Union |
| Nov 1, 2004 | Progress Credit Union | Alero Financial Credit Union |
| Nov 1, 2004 | Stephenville Bank and Trust Co. | First Financial Bank, National Association |
| Nov 1, 2004 | Montana Citizens Community Federal Credit Union | Rocky Mountain Credit Union |
| Nov 1, 2004 | New Boston Federal Credit Union | Tremont Credit Union |
| Nov 1, 2004 | Coeur D'Alene Teachers Credit Union | Numerica Credit Union |
| Nov 1, 2004 | Morton Employees Credit Union | Access Credit Union |
| Nov 1, 2004 | Chessie-Seaboard Employees Credit Union | Fairmont Village Credit Union |
| Nov 1, 2004 | Texas Crossroads Federal Credit Union | Texas Dow Employees Credit Union |
The list holds 500 of the 853 mergers recorded for 2004.
Enforcement Actions in 2004
| Action date | Agency | Institution | Action |
|---|---|---|---|
| Mar 22, 2004 | OCC_OTS | (individual) | Supervisory Agreement: Washington Savings Bank, FSB |
| Mar 19, 2004 | FRB | The Planters National Bank and Trust Company | Written Agreement: Planters Bank and Trust Company, Staunton, VA |
| Mar 19, 2004 | FRB | Virginia Heartland Bank | Written Agreement: Virginia Heartland Bank, Fredericksburg, VA |
| Mar 18, 2004 | OCC_OTS | Century Bank a FSB | Termination of Cease and Desist: Barry W. Florescue |
| Mar 17, 2004 | OCC_OTS | Allied Houston Bank | Orders of Removal/Prohibition: Diane L. Wall |
| Mar 17, 2004 | OCC | Hamilton Bank, N.A. | Civil Money Penalty (CMP): Martinez, Adolfo |
| Mar 17, 2004 | OCC_OTS | Greater South Texas Bank | Cease and Desist: Greater South Texas Bank, FSB |
| Mar 17, 2004 | OCC | Hamilton Bank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Martinez, Adolfo |
| Mar 15, 2004 | OCC | Bank of America Corporation | Prohibition/Removal Orders: Maxwell, Aja Simone |
| Mar 15, 2004 | OCC | Bank of America Corporation | C&D or PC&D Requiring Restitution: Maxwell, Aja Simone |
| Mar 15, 2004 | OCC | Wells Fargo Bank, N.A. | C&D or PC&D Requiring Restitution: Stewart, Charles Clay |
| Mar 15, 2004 | OCC | The Lake Bank, National Association | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): The Lake Bank, National Association |
| Mar 15, 2004 | FRB | Midwest Banc Holdings, Inc. | Written Agreement: Midwest Banc Holdings, Inc., Melrose Park, IL and Midwest Bank and Trust … |
| Mar 15, 2004 | OCC | Wells Fargo Bank, N.A. | Prohibition/Removal Orders: Stewart, Charles Clay |
| Mar 12, 2004 | OCC_OTS | Guardian Bancshares, Inc. | Cease and Desist: Robert F. Parker |
| Mar 10, 2004 | OCC_OTS | Central Kentucky Federal Savings Bank | Civil Money Penalty: Central Kentucky Federal Savings Bank |
| Mar 9, 2004 | FRB | (individual) | Civil Money Penalty $8,000,000: Credit Agricole, S.A., Paris, France, Credit Agricole Indosuez, Paris, France, … |
| Mar 9, 2004 | FRB | (individual) | Cease and Desist Order: Credit Agricole, S.A., Paris, France, Credit Agricole Indosuez, Paris, France, … |
| Mar 4, 2004 | OCC_OTS | Prestige Bank, A Federal Savings Bank | Orders of Removal/Prohibition: John A. Stiver |
| Mar 4, 2004 | OCC_OTS | Prestige Bank, A Federal Savings Bank | Civil Money Penalty: John A. Stiver |
| Mar 4, 2004 | OCC_OTS | Central Federal Savings and Loan Association | Cease and Desist: Greg L. Diaz |
| Mar 4, 2004 | OCC | (individual) | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Barrett, Kimberly J. |
| Mar 4, 2004 | OCC_OTS | Central Federal Savings and Loan Association | Orders of Removal/Prohibition: Greg L. Diaz |
| Feb 26, 2004 | OCC_OTS | Logansport Savings Bank | Orders of Removal/Prohibition: Mark E. DeBarge |
| Feb 26, 2004 | OCC_OTS | Carrollton Federal Bank | Civil Money Penalty: Carrollton Federal Bank |
| Feb 26, 2004 | OCC | Bank of America, N.A. | Prohibition/Removal Orders: Brooks, Calvin |
| Feb 26, 2004 | OCC | Guaranty National Bank of Tallahassee | Prohibition/Removal Orders: Brooks, Calvin |
| Feb 25, 2004 | OCC_OTS | Sobieski Bank | Cease and Desist: Sobieski Bancorp, Inc. |
| Feb 24, 2004 | FRB | Cowboy State Bancorp, Inc. | Cease and Desist Order: Cowboy State Bancorp, Inc., Ranchester, WY and Cowboy State Bank, … |
| Feb 24, 2004 | OCC | First National Bank of Jasper | Prohibition/Removal Orders: Ellis, Jamie |
| Feb 23, 2004 | OCC_OTS | Fort Lee Federal Savings Bank, FSB | Supervisory Agreement: Fort Lee Savings Bank, FSB |
| Feb 20, 2004 | OCC | U.S. Bank N.A. | Prohibition/Removal Orders: Brown, Jernika N. |
| Feb 20, 2004 | OCC | Modern Bank, N.A. | Prohibition/Removal Orders: Nasser, Ezequiel Edmond |
| Feb 20, 2004 | OCC | Wells Fargo Bank, N.A. | Prohibition/Removal Orders: de Keyser, Ralph J. |
| Feb 18, 2004 | OCC | New York National Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): New York National Bank |
| Feb 18, 2004 | OCC_OTS | (individual) | Termination of Prohibition: Sally M. Reynosa |
| Feb 17, 2004 | OCC | Americana National Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Americana National Bank |
| Feb 17, 2004 | OCC | Hamilton Bank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Bingham, J. Reid |
| Feb 17, 2004 | OCC | Hamilton Bank, N.A. | Civil Money Penalty (CMP): Bingham, J. Reid |
| Feb 17, 2004 | OCC | First National Bank of Jasper | Prohibition/Removal Orders: Wolford, Lisa |
| Feb 17, 2004 | OCC | Hamilton Bank, N.A. | C&D or PC&D Requiring Restitution: Bingham, J. Reid |
| Feb 13, 2004 | FRB | The Custar State Bank | Written Agreement: The Custar State Bank, Custar, OH |
| Feb 13, 2004 | OCC_OTS | Dollar Savings Bank | Cease and Desist: Dollar Savings Bank |
| Feb 13, 2004 | OCC_OTS | Middlesex Federal Savings, F.A. | Cease and Desist: Middlesex Federal Savings |
| Feb 13, 2004 | OCC_OTS | Dollar Savings Bank | Cease and Desist: Robert DeMane |
| Feb 9, 2004 | OCC | The First National Bank of Newman Grove | Formal Agreement: The First National Bank of Newman Grove |
| Feb 5, 2004 | FRB | The Hocking Valley Bank | Civil Money Penalty $9,500.: Hocking Valley Bank, Athens, OH |
| Feb 4, 2004 | FRB | Credit Lyonnais | Cease and Desist Order: Dominique Bazy |
| Feb 3, 2004 | OCC | Centennial National Bank | Formal Agreement: Centennial National Bank |
| Feb 1, 2004 | OCC | Americana National Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Lindeman, Jon R. |
Browse adjacent years: 2003 · 2005
Or jump to a category: Failures · Mergers · Enforcement · Assistance