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 |
|---|---|---|---|
| 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. |
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