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 |
|---|---|---|
| Jun 6, 2019 | Farmers Financial Corporation | Stark Bancshares, Inc. |
| Jun 1, 2019 | Kansas City P&G Employees Credit Union | Azura Credit Union |
| Jun 1, 2019 | Hantz Bank | Credit Union One |
| Jun 1, 2019 | Union Bancorp of Evansville, Inc. | Lake Ridge Bancorp, Inc. |
| Jun 1, 2019 | Upper Michigan Community Credit Union | Embers Credit Union |
| Jun 1, 2019 | Fedone Federal Credit Union | Credit Union of Southern California, a Federal Credit Union |
| Jun 1, 2019 | Sangamo-Oconee Employees Federal Credit Union | S.C. State Federal Credit Union |
| Jun 1, 2019 | Union Bank & Trust Company | Lake Ridge Bank |
| May 31, 2019 | Bard Employees Federal Credit Union | Baxter Credit Union |
| May 31, 2019 | S G Bancshares, Inc. | HPB Holdings, Inc. |
| May 31, 2019 | Health Care of New Jersey Federal Credit Union | Healthcare Employees Federal Credit Union |
| May 31, 2019 | Price Chopper Employees Federal Credit Union | Sunmark Credit Union |
| May 31, 2019 | State Guaranty Bank | High Plains Bank |
| May 25, 2019 | Uniti Financial Corporation | Baycom Corp |
| May 25, 2019 | Uniti Bank | United Business Bank |
| May 24, 2019 | Rush-Oak Corporation | Wintrust Financial Corporation |
| May 24, 2019 | Oak Bank | Wintrust Bank, N.A. |
| May 19, 2019 | Bloomspot, Inc. | JPMorgan Chase Bank, N.A. |
| May 19, 2019 | Chase Bankcard Services, Inc. | JPMorgan Chase Bank, N.A. |
| May 19, 2019 | Chase Bank USA, N.A. | JPMorgan Chase Bank, N.A. |
| May 18, 2019 | Savings Institute Bank and Trust Company | Berkshire Bank |
| May 18, 2019 | Abington Bank | Abington Bank |
| May 18, 2019 | Si Financial Group Inc | Beacon Financial Corporation |
| May 18, 2019 | Fox River State Bank | Bank CMG |
| May 18, 2019 | Fulton Bank of New Jersey | Fulton Bank, N.A. |
| May 18, 2019 | The Bank of Fairport | BTC Bank |
| May 15, 2019 | Motor Coach Employees Credit Union | Catholic and Community Credit Union |
| May 14, 2019 | Tectonic Holdings, LLC | Tectonic Financial, Inc. |
| May 13, 2019 | Clatsop Community Bank | Lewis & Clark Bank |
| May 11, 2019 | Bridgeview Bank Group | First Midwest Bank |
| May 11, 2019 | Fairport Bancshares, Inc. | Bethany Bankshares, Inc. |
| May 11, 2019 | Blue Valley Ban Corp. | Heartland Financial USA, Inc. |
| May 11, 2019 | Bank of Blue Valley | Bank of Blue Valley |
| May 11, 2019 | Mountain Home Bancshares, Inc. | Farmers and Merchants Bankshares, Inc. |
| May 11, 2019 | Integrity First Bank, National Association | The Farmers & Merchants Bank |
| May 10, 2019 | Bridgeview Bancorp, Inc. | First Midwest Bancorp, Inc. |
| May 10, 2019 | Fox River Financial Corporation | CMG Bancorp |
| May 4, 2019 | MB Financial Bank, National Association | Fifth Third Bank, N.A. |
| May 4, 2019 | (unnamed) | Gateway First Bank |
| May 4, 2019 | The First National Bank of Park Falls | Forward Bank |
| May 3, 2019 | MB Equipment Finance, LLC | Fifth Third Bank, N.A. |
| May 1, 2019 | LBC Bancshares, Inc. | Colony Bankcorp, Inc. |
| May 1, 2019 | Hamilton Bancorp, Inc. | Orrstown Financial Services, Inc. |
| May 1, 2019 | Calumet Bank | Colony Bank |
| May 1, 2019 | First Madison Bank & Trust | United Community Bank |
| May 1, 2019 | FMB Equibanc, Inc. | Morris State Bancshares, Inc. |
| May 1, 2019 | FNB Bancorp | Glacier Bancorp, Inc. |
| May 1, 2019 | First South Bancorp, Inc. | First-Citizens Bank & Trust Company |
| May 1, 2019 | First South Bank | First-Citizens Bank & Trust Company |
| May 1, 2019 | Oak Park River Forest Bankshares, Inc. | Byline Bancorp, Inc. |
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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