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 |
|---|---|---|---|
| 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