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 |
|---|---|---|
| Nov 1, 2019 | Countryside Bank | Hinsdale Bank & Trust Company, N.A. |
| Nov 1, 2019 | F C S Federal Credit Union | Texas Tech Federal Credit Union |
| Nov 1, 2019 | Cable Federal Credit Union | Riverside Community Federal Credit Union |
| Nov 1, 2019 | Lauhoff Employees Credit Union | Landmark Credit Union |
| Oct 28, 2019 | City Center Credit Union | America First Federal Credit Union |
| Oct 28, 2019 | Peoples Choice Federal Credit Union | Citymark Federal Credit Union |
| Oct 28, 2019 | Blackridge Financial, Inc. | Westbrand, Inc. |
| Oct 26, 2019 | Columbia National Bank | FCB Banks |
| Oct 26, 2019 | State Bank | Abbybank |
| Oct 26, 2019 | Republic Bank, Inc. | National Bank of Commerce |
| Oct 26, 2019 | Republic Bancshares, Inc. | Natcom BANCSHARES,INC. |
| Oct 26, 2019 | The First National Holding Company of Jackson | Citizens Deposit Bank & Trust |
| Oct 26, 2019 | Fort Gibson State Bank | Firstar Bank |
| Oct 26, 2019 | The First National Bank of Jackson | Citizens Deposit Bank & Trust |
| Oct 24, 2019 | Continental National Bank | First American Bank |
| Oct 22, 2019 | First State Bank of Colorado | United Business Bank |
| Oct 22, 2019 | Tig Bancorp, Inc. | Baycom Corp |
| Oct 21, 2019 | The Citizens State Bank of Taylor County | Georgia Community Bank |
| Oct 20, 2019 | J.P. Morgan Treasury Technologies Corporation | JPMorgan Chase Bank, N.A. |
| Oct 19, 2019 | KCB Bank | Academy Bank, N.A. |
| Oct 19, 2019 | HomeStar Bank and Financial Services | Midland States Bank |
| Oct 19, 2019 | Lighthouse Bank | West Coast Community Bank |
| Oct 19, 2019 | Prairie Mountain Bank | Bravera Bank |
| Oct 19, 2019 | Union Bancshares, Inc. | Aim Bancshares, Inc. |
| Oct 19, 2019 | Millbury Savings Bank | Bankhometown |
| Oct 19, 2019 | FNB New Mexico | AIMBank |
| Oct 12, 2019 | Markesan State Bank | Horicon Bank |
| Oct 12, 2019 | Cass County Bank, Inc. | Citizens State Bank |
| Oct 12, 2019 | Presidio Bank | Heritage Bank of Commerce |
| Oct 12, 2019 | Citizens First Bank | One Bank of Tennessee |
| Oct 12, 2019 | The Simsbury Bank & Trust Company | Liberty Bank |
| Oct 12, 2019 | Community State Bank | Fidelity Bank & Trust |
| Oct 10, 2019 | Pioneer Bancorp, Inc. | First State Bancshares, Inc. |
| Oct 10, 2019 | Advantage Bank | Sooner State Bank |
| Oct 7, 2019 | STC Bancshares Corp. | Wintrust Financial Corporation |
| Oct 7, 2019 | STC Capital Bank | St. Charles Bank & Trust Company, N.A. |
| Oct 5, 2019 | Valley Bank | Bank of Bridger, N.A. |
| Oct 5, 2019 | First Security Bank of Malta | Bank of Bridger, N.A. |
| Oct 5, 2019 | The Bank of Edwardsville | Busey Bank |
| Oct 5, 2019 | Preferred Bank | Texas First Bank |
| Oct 1, 2019 | Grand Bank, National Association | First Bank |
| Oct 1, 2019 | Friends Bank | Fairwinds Credit Union |
| Oct 1, 2019 | County Bank Corp | ChoiceOne Financial Services, Inc. |
| Oct 1, 2019 | Community Hope Federal Credit Union | Cobalt Federal Credit Union |
| Oct 1, 2019 | Halsey Associates, Inc | The Washington Trust Company, of Westerly |
| Oct 1, 2019 | Charter Bank | The Citizens Bank of Philadelphia |
| Oct 1, 2019 | Beverly Financial, MHC | North Shore Bancorp |
| Oct 1, 2019 | Mount Hope Bankshares, Inc. | Pendleton Community Bank, Inc. |
| Oct 1, 2019 | Bank of Cairo and Moberly | Regional Missouri Bank |
| Oct 1, 2019 | Kokomo Heritage Federal Credit Union | Financial Center First Credit Union |
The list holds 500 of the 547 mergers recorded for 2019.
Enforcement Actions in 2019
| Action date | Agency | Institution | Action |
|---|---|---|---|
| Apr 12, 2019 | FRB | Copiah Bancshares, Inc. | Section 19 Letters: Guy E. Evans |
| Apr 12, 2019 | FRB | Regions Bank | Section 19 Letters: Elizabeth Riley |
| Apr 11, 2019 | FRB | (individual) | Section 19 Letters: Colin James |
| Apr 11, 2019 | OCC | Northwestern Bank, N.A. | Notice of Charges: Thomason, Matthew |
| Apr 10, 2019 | OCC | The First National Bank of Woodsboro | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Jones, Jason |
| Apr 10, 2019 | FRB | East West Bank | Section 19 Letters: Vivian Tat |
| Apr 9, 2019 | OCC | MidFirst Bank | Civil Money Penalty (CMP): Midfirst Bank |
| Apr 8, 2019 Released Apr 9, 2019 | FRB | (individual) | Civil Money Penalty, $163,687,500: Standard Chartered plc, London, United Kingdom, Standard Chartered Bank, London, … |
| Apr 8, 2019 Released Apr 9, 2019 | FRB | (individual) | Cease and Desist Order: Standard Chartered plc, London, United Kingdom, Standard Chartered Bank, London, … |
| Apr 4, 2019 Released Apr 16, 2019 | FRB | Princeton Capital Holdings LLC | Written Agreement: Princeton Capital Holdings LLC, Princeton Capital LLC, and Princap Holdings One LLC |
| Mar 29, 2019 | FDIC | (individual) | FDIC Makes Public February Enforcement Actions |
| Mar 27, 2019 | FRB | OakStar Bank | Prohibition from Banking: Caleb T. Jones |
| Mar 25, 2019 | FRB | Wintrust Financial Corporation | Civil Money Penalty, $1,012,500: Wintrust Financial Corporation, Rosemont, Illinois |
| Mar 25, 2019 | OCC | Rabobank, N.A. | Notice of Charges: Weiss, Daniel |
| Mar 19, 2019 | OCC | Citibank, N.A. | Civil Money Penalty (CMP): Citibank, N.A. |
| Mar 19, 2019 | FRB | PlainsCapital Bank | Section 19 Letters: Jill Myers |
| Mar 19, 2019 | FRB | PlainsCapital Bank | Section 19 Letters: Cynthia Luna Rodriguez |
| Mar 19, 2019 | FRB | Comerica Bank | Section 19 Letters: Christopher Roman |
| Mar 19, 2019 | FRB | Vantage Bank Texas | Section 19 Letters: Alma Bermudez |
| Mar 12, 2019 | OCC | Cfsbank | Formal Agreement: Cfsbank |
| Mar 11, 2019 Released Mar 12, 2019 | FRB | Goldman Sachs (Singapore) Pte | Civil Money Penalty, $1,425,000: Tim Leissner |
| Mar 11, 2019 Released Mar 12, 2019 | FRB | Goldman Sachs (Singapore) Pte | Prohibition from Banking: Tim Leissner |
| Mar 11, 2019 Released Mar 12, 2019 | FRB | Goldman Sachs (Singapore) Pte | Prohibition from Banking: Ng Chong Hwa, also known as 'Roger Ng' |
| Mar 11, 2019 | OCC | United Americas Bank, N.A. | Civil Money Penalty (CMP): Blanton, William R. |
| Mar 7, 2019 | OCC | Bank of America, N.A. | Prohibition/Removal Orders: Cortes, Marcos |
| Mar 6, 2019 | OCC | U.S. Bank N.A. | Prohibition/Removal Orders: Moore, Geraldine |
| Feb 22, 2019 | FDIC | (individual) | FDIC Makes Public January Enforcement Actions |
| Feb 21, 2019 | OCC | (individual) | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): MUFG Bank, Ltd. Primary NY Branch |
| Feb 21, 2019 | OCC | Wells Fargo Bank, N.A. | Prohibition/Removal Orders: Riley, Ginger |
| Feb 21, 2019 | OCC | (individual) | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): MUFG Bank, Ltd. Los Angeles Branch |
| Feb 21, 2019 | OCC | Chicago Branch Holdings, Inc. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): MUFG Bank, Ltd. Chicago Branch |
| Feb 15, 2019 Released Feb 21, 2019 | FRB | J.P. Morgan Securities (Asia Pacific) Limited | Prohibition from Banking: Timothy Fletcher |
| Feb 5, 2019 | OCC | Ben Franklin Bank of Illinois | Formal Agreement: Ben Franklin Bank of Illinois |
| Feb 5, 2019 Released Feb 7, 2019 | FRB | Suntrust Bank | Prohibition from Banking: Alison Keefe |
| Jan 29, 2019 Released Feb 5, 2019 | FRB | Mariner's Bancorp | Prohibition from Banking, Notice of Suspension: Fred Daibes |
| Jan 28, 2019 | FRB | Suntrust Bank | Section 19 Letters: Mary E. Parham |
| Jan 28, 2019 | OCC | BOKF, N.A. | Prohibition/Removal Orders: Olsen, William |
| Jan 28, 2019 | OCC | BOKF, N.A. | Civil Money Penalty (CMP): Olsen, William |
| Jan 28, 2019 | FRB | Regions Bank | Section 19 Letters: Nancy L. Sims |
| Jan 28, 2019 | FRB | Suntrust Bank | Section 19 Letters: Ginger M. Vega |
| Jan 28, 2019 | FRB | Suntrust Bank | Section 19 Letters: Elizabeth A. Fletcher |
| Jan 28, 2019 | FRB | Suntrust Bank | Section 19 Letters: Deforest N. Ross |
| Jan 25, 2019 | FDIC | (individual) | FDIC Makes Public December Enforcement Actions |
| Jan 25, 2019 Released Jan 31, 2019 | FRB | Frost Bank | Prohibition from Banking: Raysol Villalobos |
| Jan 25, 2019 Released Jan 31, 2019 | FRB | Frost Bank | Cease and Desist Order: Raysol Villalobos |
| Jan 23, 2019 | FRB | Central Bank of the South | Section 19 Letters: Steven Michael Watson |
| Jan 18, 2019 Released Jan 22, 2019 | FRB | CFG Community Bank | Prohibition from Banking: David Lavine |
| Jan 16, 2019 | OCC | Wells Fargo Bank, N.A. | Prohibition/Removal Orders: Parnell, Cheraye C. |
| Jan 7, 2019 | OCC | JPMorgan Chase Bank, N.A. | Suspension Order for Criminal Conduct: Aiyer, Akshay |
| Jan 7, 2019 | OCC | USAA Federal Savings Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): USAA Federal Savings Bank |
Browse adjacent years: 2018 · 2020
Or jump to a category: Failures · Mergers · Enforcement · Assistance