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 |
|---|---|---|
| Apr 1, 2019 | The Oculina Bank | Ithink Financial Credit Union |
| Apr 1, 2019 | Gateway Community Bank | SENB Bank |
| Apr 1, 2019 | Western Bancshares of Alamogordo, Inc. | Beresford Bancorporation, Inc. |
| Apr 1, 2019 | FNB Bancshares of Central Alabama, Inc. | BankFirst Capital Corporation |
| Apr 1, 2019 | York County Federal Credit Union | Atlantic Regional Federal Credit Union |
| Apr 1, 2019 | Desert Communities Federal Credit Union | Arrowhead Federal Credit Union |
| Apr 1, 2019 | Metuchen Savings Bank | Manasquan Bank |
| Apr 1, 2019 | Northeastern University Federal Credit Union | City of Boston Credit Union |
| Apr 1, 2019 | FNB Of Central Alabama | BankFirst Financial Services |
| Apr 1, 2019 | Union Building and Loan Savings Bank | Brentwood Bank |
| Apr 1, 2019 | Central Bank and Trust Co. | RCB Bank |
| Apr 1, 2019 | Allsteel Credit Union | Fox Valley Credit Union |
| Apr 1, 2019 | NBC (N.Y.) Employees Federal Credit Union | Xcel Federal Credit Union |
| Apr 1, 2019 | Grand Bank of Texas | Cadence Bank |
| Apr 1, 2019 | Coastal Heritage Bank | Coastal Heritage Bank |
| Apr 1, 2019 | Sugardale Employees Credit Union, Inc. | Superior Savings Credit Union |
| Apr 1, 2019 | Beaver Avenue Federal Credit Union | Omega Federal Credit Union |
| Apr 1, 2019 | District 8 Highway Employees Credit Union | Metro+ Federal Credit Union dba Metro Credit Union |
| Apr 1, 2019 | Belmont Savings Bank | People's United Bank, National Association |
| Apr 1, 2019 | Farmers and Merchants Savings Bank | Freedombank |
| Apr 1, 2019 | Soo Line Credit Union | Magnifi Financial Credit Union |
| Apr 1, 2019 | Consol Employees Credit Union | Century Heritage Federal Credit Union |
| Apr 1, 2019 | Western Bank | First Savings Bank |
| Apr 1, 2019 | Merchants Bank | Cadence Bank |
| Apr 1, 2019 | Credit Union South | Sunbelt Federal Credit Union |
| Apr 1, 2019 | Incenta Federal Credit Union | Pathways Financial Credit Union, Inc. |
| Apr 1, 2019 | Blue Hills Bank | Rockland Trust Company |
| Mar 30, 2019 | Kootenai Valley Federal Credit Union | Mountain West Federal Credit Union |
| Mar 26, 2019 | Salin Bancshares, Inc. | Horizon Bancorp, Inc. |
| Mar 26, 2019 | Salin Bank and Trust Company | Horizon Bank |
| Mar 23, 2019 | CoBiz Bank | BOKF, N.A. |
| Mar 23, 2019 | The Bank of Washington | Sound Credit Union |
| Mar 23, 2019 | West Springfield Federal Credit Union | Freedom Credit Union |
| Mar 22, 2019 | Fifth Third Merger Sub, Inc | MB Financial, Inc. |
| Mar 16, 2019 | Mwabank | Axos Bank |
| Mar 9, 2019 | Union Community Bank | Northwest Bank |
| Mar 9, 2019 | Donegal Financial Services Corp. | Northwest Bancshares Inc |
| Mar 9, 2019 | Abna Holdings, Inc. | Bright Force Holding, Inc. |
| Mar 8, 2019 | Trinity Capital Corporation | Enterprise Financial Services Corp |
| Mar 8, 2019 | Los Alamos National Bank | Enterprise Bank & Trust |
| Mar 6, 2019 | Mount Vernon Bankshares, Inc. | Alliance Bancshares, Inc. |
| Mar 6, 2019 | The First National Bank of Mount Vernon | Alliance Bank |
| Mar 4, 2019 | Commerce National Financial Services, Inc. | Amarillo National Bancorp, Inc. |
| Mar 4, 2019 | Lubbock National Bank | Amarillo National Bank |
| Mar 2, 2019 | FPB Financial Corp | The First Bancshares, Inc. |
| Mar 2, 2019 | Florida Parishes Bank | The First Bank |
| Mar 1, 2019 | Isb Mortgage Company, LLC | Investors Bank |
| Mar 1, 2019 | Beneficial Bancorp, Inc. | WSFS Financial Corporation |
| Mar 1, 2019 | FB Bancshares, Inc. | First Bancshares of Texas, Inc. |
| Mar 1, 2019 | First McHenry Corporation | Blackhawk Bancorp, Inc. |
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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