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 |
|---|---|---|
| Sep 1, 2019 | Van Alstyne Financial Corporation | Cadence Bank |
| Sep 1, 2019 | Heritage Bancorporation, Inc. | Heritage Southeast Bancorporation, Inc. |
| Sep 1, 2019 | Shelby Community Federal Credit Union | 1st Liberty Federal Credit Union |
| Sep 1, 2019 | Rabobank, N.A. | Mechanics Bank |
| Sep 1, 2019 | The Heritage Bank | Heritage Southeast Bank |
| Sep 1, 2019 | Grace Congregational Church Federal Credit Union | Neighborhood Trust Federal Credit Union |
| Sep 1, 2019 | Monroe Education Employees Federal Credit Union | Gulf Winds Credit Union |
| Sep 1, 2019 | Monroe Bank & Trust | First Merchants Bank |
| Sep 1, 2019 | Danbury Cyanamid Employees Credit Union | Cornerstone Federal Credit Union |
| Sep 1, 2019 | Texas Star Bank | Cadence Bank |
| Aug 31, 2019 | New Valley Central Bank | Valley Central Bank |
| Aug 31, 2019 | Northside Bancshares, Inc. | First Chatsworth Bankshares, Inc. |
| Aug 31, 2019 | Northside Bank | First National Community Bank |
| Aug 31, 2019 | Champaign Postal Credit Union | University of Illinois Community Credit Union |
| Aug 31, 2019 | Cross Roads Credit Union | United Consumers Credit Union |
| Aug 31, 2019 | School District 162/163 Employees Federal Credit Union | Illiana Financial Credit Union |
| Aug 31, 2019 | Cosmopolitan Federal Credit Union | Israel Methcomm Federal Credit Union |
| Aug 31, 2019 | Hanesbrands Credit Union | Members Credit Union |
| Aug 31, 2019 | Village Credit Union | Collins Community Credit Union |
| Aug 30, 2019 | Farmers and Merchants State Bank of Neola, Iowa | Midstates Bank, N.A. |
| Aug 27, 2019 | MB Financial, Inc. | Fifth Third Bancorp |
| Aug 24, 2019 | The Nicollet County Bank of Saint Peter | Pioneer Bank |
| Aug 17, 2019 | State Bank | Fidelity Bank & Trust |
| Aug 17, 2019 | Farmers and Merchants State Bank of Sacred Heart | Citizens Alliance Bank |
| Aug 17, 2019 | First Minnesota Bank | Cortrust Bank N.A. |
| Aug 15, 2019 | HarborOne Mutual Bancshares | HarborOne Bancorp, Inc. |
| Aug 12, 2019 | Antioch M B Federal Credit Union | 1st Midamerica Credit Union |
| Aug 10, 2019 | The Lyons State Bank | Peoples Bank and Trust Company |
| Aug 10, 2019 | Chinatown Federal Savings Bank | Hanover Community Bank |
| Aug 7, 2019 | Kirkwood Bancorporation of Nevada, Inc. | JBNV Holding Corp |
| Aug 6, 2019 | Summit Bank of Kansas City | Citizens Bank and Trust Company |
| Aug 3, 2019 | Citizens State Bank | Vystar Credit Union |
| Aug 1, 2019 | Metro North Federal Credit Union | Michigan United Credit Union |
| Aug 1, 2019 | Heritage Bancorp | Glacier Bancorp, Inc. |
| Aug 1, 2019 | Advantage Bank | First National Bank |
| Aug 1, 2019 | Primesouth Bancshares, Inc. | CBS BANC-CORP. |
| Aug 1, 2019 | Graff Family, Inc. | MNB Financial Services, Inc. |
| Aug 1, 2019 | TCF Financial Corporation | TCF Financial Corporation |
| Aug 1, 2019 | Heritage Bank of Nevada | Glacier Bank |
| Aug 1, 2019 | MNB Financial Group, Inc. | MNB Financial Services, Inc. |
| Aug 1, 2019 | First Newton Bankshares, Inc. | INTRUST Financial Corporation |
| Aug 1, 2019 | Oak Point Employees Credit Union | Instep Federal Credit Union |
| Aug 1, 2019 | Inspirus Credit Union | Gesa Credit Union |
| Aug 1, 2019 | Chemical Bank | TCF National Bank |
| Aug 1, 2019 | Federal Mogul Employees Federal Credit Union | Community Choice Credit Union |
| Aug 1, 2019 | PrimeSouth Bank | CB&S Bank, Inc. |
| Aug 1, 2019 | Holy Rosary Church Federal Credit Union | Corner Post Federal Credit Union |
| Aug 1, 2019 | North Side Community Federal Credit Union | Great Lakes Credit Union |
| Jul 29, 2019 | Pacoima Development Federal Credit Union | Gain Federal Credit Union |
| Jul 27, 2019 | Hopfed Bancorp, Inc. | First Financial Corporation |
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 |
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