Calendar Year
2019 in US Banking
702 bank events are on record for 2019: 4 failures, 547 mergers or acquisitions involving a bank, credit union or bank holding company, and 151 enforcement actions.
4
Failures
$208.8M in failed assets
547
Mergers
Federal Reserve NIC, banking organizations
151
Enforcement
OCC, FDIC, FRB, OTS and SEC 8-K filings
Jump to: Bank failures 2019 · Bank mergers 2019
How many banks failed in 2019?
4 banks failed in 2019, with $208.8M in assets. Each failure below links to its own page.
| Date | Bank | Assets |
|---|---|---|
| Nov 1, 2019 | City National Bank of New Jersey | $120.6M |
| Oct 25, 2019 | Louisa Community Bank | $28.2M |
| Oct 25, 2019 | Resolute Bank | $23.3M |
| May 31, 2019 | Enloe State Bank | $36.7M |
Which banks merged in 2019?
547 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 2019.
See the fuller list: Bank mergers 2019 with largest deals and credit union mergers ›
| Date | Acquired | Acquirer |
|---|---|---|
| Jul 27, 2019 | Heritage Bank USA, Inc. | First Financial Bank, N.A. |
| Jul 20, 2019 | The First National Bank of McHenry | Blackhawk Bank |
| Jul 20, 2019 | Fidelity Bank | FirstCapital Bank of Texas, National Association |
| Jul 20, 2019 | Farmers and Traders Bancorporation, Inc. | Village Investment Company |
| Jul 20, 2019 | Farmers and Traders Savings Bank | Libertyville Savings Bank |
| Jul 18, 2019 | Homestar Financial Group, Inc. | Midland States Bancorp, Inc. |
| Jul 16, 2019 | Golden Eagle Community Bank | Advia Credit Union |
| Jul 13, 2019 | Partnership Community Bancshares, Inc. | Bank First Corporation |
| Jul 13, 2019 | Kinderhook Bank Corp. | Community Financial System, Inc. |
| Jul 13, 2019 | Bank of Minden | Citizens Bank |
| Jul 13, 2019 | The National Union Bank of Kinderhook | Community Bank, N.A. |
| Jul 13, 2019 | Partnership Bank | Bank First, N.A. |
| Jul 13, 2019 | State Bank of Hamburg | Security Bank & Trust Company |
| Jul 12, 2019 | Bank of Dardanelle Bankshares, Inc. | Chambers Bancshares, Inc. |
| Jul 8, 2019 | Menno State Bank | Campbell County Bank |
| Jul 3, 2019 | Tyronza Bancshares, Inc. | Big Creek Bancshares, Inc |
| Jul 1, 2019 | Chester County Bancshares, Inc. | F & M Bancshares, Inc. |
| Jul 1, 2019 | Farmers & Merchants Bank | Ccfbank N.A. |
| Jul 1, 2019 | Chester County Bank | Centennial Bank |
| Jul 1, 2019 | S W E Federal Credit Union | East Texas Professional Credit Union |
| Jul 1, 2019 | Farmers & Merchants Bank | Centennial Bank |
| Jul 1, 2019 | McClatchy Employees Credit Union | First U.S. Community Credit Union |
| Jul 1, 2019 | CT1 Media Credit Union | Hartford Federal Credit Union |
| Jul 1, 2019 | Northern California Latvian Credit Union | California Lithuanian Credit Union |
| Jul 1, 2019 | Fidelity Bank | Ameris Bank |
| Jul 1, 2019 | Energy Services Federal Credit Union | Blaze Credit Union |
| Jul 1, 2019 | Oak Creek Valley Bank | Jones Bank |
| Jul 1, 2019 | Peoples Savings Bank | Security State Bank |
| Jul 1, 2019 | Constellation Federal Credit Union | Northwest Federal Credit Union |
| Jul 1, 2019 | Boyds Federal Credit Union | Mid-Atlantic Federal Credit Union |
| Jul 1, 2019 | Southeast Texas Employee Federal Credit Union | Fivepoint Credit Union |
| Jul 1, 2019 | Starcor Credit Union | Saint Cloud Financial Credit Union |
| Jul 1, 2019 | Fidelity Southern Corporation | Ameris Bancorp |
| Jul 1, 2019 | R & J Financial Corporation, Inc. | Old O'Brien Banc Shares, Inc. |
| Jul 1, 2019 | F. & M. Bancorp of Tomah, Inc. | Citizens Community Bancorp, Inc. |
| Jul 1, 2019 | Richmond Mutual Bancorporation, Inc. | Richmond Mutual Bancorporation, Inc. |
| Jul 1, 2019 | First Mutual of Richmond, Inc. | Richmond Mutual Bancorporation, Inc. |
| Jul 1, 2019 | Citizens First Corporation | German American Bancorp, Inc. |
| Jul 1, 2019 | Citizens First Bank, Inc. | German American Bank |
| Jul 1, 2019 | Bfi Business Finance | Banc of California |
| Jul 1, 2019 | Preferred Bancshares, Inc. | Texas Independent Bancshares, Inc. |
| Jul 1, 2019 | VNB Lsi Newco, Inc. | Valley National Bank |
| Jun 30, 2019 | Entrust Financial Credit Union | Valleystar Credit Union |
| Jun 29, 2019 | Acquisition & Development Co., LLC | Altabancorp |
| Jun 29, 2019 | Baf Insurance Agency, Inc. | Altabank |
| Jun 29, 2019 | Markesan Bancshares, Inc. | Sword Financial Corporation |
| Jun 29, 2019 | Gilt Edge Employees Federal Credit Union | Communication Federal Credit Union |
| Jun 18, 2019 | DBT Financial Corporation | Stone Bancshares, Inc. |
| Jun 15, 2019 | Lynn Co Federal Credit Union | Texas Tech Federal Credit Union |
| Jun 10, 2019 | Security First Bank | First State Bank |
The list holds 500 of the 547 mergers recorded for 2019.
Enforcement Actions in 2019
| Action date | Agency | Institution | Action |
|---|---|---|---|
| Aug 1, 2019 | OCC | The Northumberland National Bank | Prohibition/Removal Orders: Heintzelman, Scott A. |
| Jul 29, 2019 | OCC | Wells Fargo Bank, N.A. | Prohibition/Removal Orders: Abreu, Lisandra |
| Jul 29, 2019 | OCC | Mufg Union Bank Foundation | Civil Money Penalty (CMP): MUFG Union Bank, National Association |
| Jul 26, 2019 | FDIC | (individual) | FDIC Makes Public June Enforcement Actions |
| Jul 23, 2019 | OCC | Simmons First National Corporation | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Elkins, Chris |
| Jul 23, 2019 | OCC | Simmons First National Corporation | Civil Money Penalty (CMP): Elkins, Chris |
| Jul 17, 2019 | OCC | Rabobank, N.A. | Civil Money Penalty (CMP): Weiss, Daniel |
| Jul 17, 2019 | OCC | Rabobank, N.A. | Prohibition/Removal Orders: Weiss, Daniel |
| Jul 17, 2019 | OCC | The First National Bank of Hope | Formal Agreement: The First National Bank of Hope |
| Jul 12, 2019 | OCC | First Niagara Bank, N.A. | Prohibition/Removal Orders: Moore, Lisa |
| Jul 11, 2019 | OCC | Firstar Bank | Notice of Charges: Mulder, William Brian |
| Jul 10, 2019 | FRB | (individual) | Section 19 Letters: Barbara R. Ramey |
| Jun 28, 2019 | FDIC | (individual) | FDIC Makes Public May Enforcement Actions |
| Jun 26, 2019 | OCC | City National Bank of New Jersey | Prompt Corrective Action (PCA) Directive: City National Bank of New Jersey |
| Jun 20, 2019 | FRB | Fifth Third Bank, N.A. | Section 19 Letters: Paul Stingley |
| Jun 20, 2019 | OCC | The First National Bank of Tahoka | Formal Agreement: The First National Bank of Tahoka |
| Jun 19, 2019 | FRB | Suntrust Banks, Inc. | Section 19 Letters: Jennal Aziz |
| Jun 18, 2019 | OCC | Sterling Bank and Trust, FSB | Formal Agreement: Sterling Bank and Trust, FSB |
| Jun 13, 2019 | OCC | Wilmington Savings Fund Society, FSB | Civil Money Penalty (CMP): Wilmington Savings Fund Society, Federal Savings Bank |
| Jun 10, 2019 | FRB | Fifth Third Bank, N.A. | Section 19 Letters: Haley M. Bailey |
| Jun 10, 2019 | FRB | Fifth Third Bank, N.A. | Section 19 Letters: Sharhonda Marshell Siler |
| Jun 7, 2019 | OCC | First Southern National Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Dailey, McKinley |
| Jun 7, 2019 | OCC | First Southern National Bank | C&D or PC&D Requiring Restitution: Dailey, McKinley |
| Jun 7, 2019 | OCC | First Southern National Bank | Civil Money Penalty (CMP): Dailey, McKinley |
| Jun 7, 2019 | OCC | First Southern National Bank | Prohibition/Removal Orders: Dailey, McKinley |
| Jun 6, 2019 | FRB | First Citizens Community Bank | Section 19 Letters: Lynn Marie Mack |
| Jun 6, 2019 | FRB | Regions Bank | Section 19 Letters: Kelly A. Coppelli |
| Jun 4, 2019 Released Jun 6, 2019 | FRB | (individual) | Cease and Desist Order: Youlei Tang |
| May 31, 2019 | FDIC | (individual) | FDIC Makes Public April Enforcement Actions |
| May 24, 2019 | OCC | The Federal Savings Bank | Suspension Order for Criminal Conduct: Calk, Stephen M. |
| May 20, 2019 | OCC | Santander Bank, N.A. | Notice of Charges: Mills, Walter F. |
| May 20, 2019 Released May 21, 2019 | FRB | The Croghan Colonial Bank | Prohibition from Banking: Katherine Tibboles |
| May 20, 2019 | FRB | Clear Mountain Bank, Inc. | Section 19 Letters: Karen Kinsley |
| May 20, 2019 Released May 21, 2019 | FRB | The Croghan Colonial Bank | Cease and Desist Order: Katherine Tibboles |
| May 16, 2019 | OCC | JPMorgan Chase Bank, N.A. | Prohibition/Removal Orders: Fabon, Troy D. |
| May 16, 2019 | OCC | Wells Fargo Bank, N.A. | Prohibition/Removal Orders: Mertz, Kimberly |
| May 15, 2019 Released May 16, 2019 | FRB | Adams Bank & Trust | Civil Money Penalty, $69,000: Adams Bank and Trust, Ogallala, Nebraska |
| May 13, 2019 Released May 16, 2019 | FRB | Fayette County Bank | Prohibition from Banking: Adam D. Koontz |
| May 6, 2019 | OCC | Northwestern Bank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Thomason, Matthew |
| May 6, 2019 | OCC | Northwestern Bank, N.A. | Prohibition/Removal Orders: Thomason, Matthew |
| May 6, 2019 | OCC | Northwestern Bank, N.A. | C&D or PC&D Requiring Restitution: Thomason, Matthew |
| May 1, 2019 Released May 2, 2019 | FRB | (individual) | Prohibition from Banking: Christopher O'Connell |
| Apr 30, 2019 | OCC | Colonial Savings, F.A. | Civil Money Penalty (CMP): Colonial Savings, F.A. |
| Apr 30, 2019 | FRB | Compass Bank | Section 19 Letters: Chrisie Michelle Curtis |
| Apr 26, 2019 | FDIC | (individual) | FDIC Makes Public March Enforcement Actions |
| Apr 23, 2019 Released Apr 25, 2019 | FRB | Sumitomo Mitsui Banking Corporation | Written Agreement: Sumitomo Mitsui Banking Corporation, Tokyo, Japan and Sumitomo Mitsui Banking Corporation New … |
| Apr 18, 2019 | FRB | Regions Bank | Section 19 Letters: Amy June Shaufelberger |
| Apr 15, 2019 | FRB | Unicredit S.P.A. | Civil Money Penalty, $157,770,000: UniCredit, S.p.A, UniCredit Bank AG, and UniCredit Bank Austria AG |
| Apr 15, 2019 | FRB | Unicredit S.P.A. | Cease and Desist Order: UniCredit, S.p.A, UniCredit Bank AG, and UniCredit Bank Austria AG |
| Apr 12, 2019 | FRB | Regions Bank | Section 19 Letters: Luz A. Tinajero |
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