Skip to main content

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 HQ Assets Acquirer or resolution
Nov 1, 2019 City National Bank of New Jersey Newark, NJ $120.6M Industrial Bank
Oct 25, 2019 Louisa Community Bank Louisa, KY $28.2M Kentucky Farmers Bank Corporation
Oct 25, 2019 Resolute Bank Maumee, OH $23.3M Buckeye State Bank
May 31, 2019 Enloe State Bank Cooper, TX $36.7M Legend Bank, N.A.

Which banks merged in 2019?

547 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 2019.

Date Acquired St Acquirer
Mar 1, 2019 Ccac Federal Credit Union PA Greater Pittsburgh Federal Credit Union
Mar 1, 2019 Colton School Employees Federal Credit Union CA Bourns Employees Federal Credit Union
Mar 1, 2019 Cheshire County Federal Credit Union NH Gfa Federal Credit Union
Mar 1, 2019 Beneficial Bank PA Wilmington Savings Fund Society, FSB
Mar 1, 2019 Wiregrass Federal Credit Union AL All in Federal Credit Union
Mar 1, 2019 Ibew 968 Federal Credit Union WV Union Trades Federal Credit Union
Mar 1, 2019 Mainland Bank TX Investar Bank, N.A.
Mar 1, 2019 Kopernik Bank MD Bayvanguard Bank
Feb 23, 2019 Unity Bank North MN Unity Bank
Feb 23, 2019 Unity Bank MN Unity Bank
Feb 16, 2019 Jacksonville Savings Bank IL CNB Bank and Trust, N.A.
Feb 16, 2019 The Jamestown State Bank KS Guaranty State Bank and Trust Company
Feb 9, 2019 Gunnison Valley Bank UT State Bank of Southern Utah
Feb 2, 2019 First State Bank of Wabasha MN WNB Financial, N.A.
Feb 2, 2019 Gateway State Bank IA First Central State Bank
Feb 2, 2019 Texas State Bank TX American State Bank
Feb 1, 2019 Spartan Federal Credit Union SC South Carolina Federal Credit Union
Feb 1, 2019 Coast-Tel Federal Credit Union CA Bay Federal Credit Union
Feb 1, 2019 Sunnyside Credit Union UT American United Federal Credit Union
Feb 1, 2019 M E C O Federal Credit Union TX Select Federal Credit Union
Feb 1, 2019 Capital Bank of New Jersey NJ OceanFirst Bank, N.A.
Feb 1, 2019 Access National Corporation VA Atlantic Union Bankshares Corporation
Feb 1, 2019 Access National Bank VA Atlantic Union Bank
Feb 1, 2019 Merchants Holding Company CA Bank of Commerce Holdings
Feb 1, 2019 The Banc Ed Corp. IL First Busey Corporation
Feb 1, 2019 Fifth Third Equipment Finance Company OH Fifth Third Bank, N.A.
Feb 1, 2019 Itrust Federal Credit Union TN Memphis City Employees Credit Union
Feb 1, 2019 Auto Club Federal Credit Union CA Certified Federal Credit Union
Feb 1, 2019 Bridgewater Credit Union MA Brightbridge Credit Union
Feb 1, 2019 Great Lakes Credit Union, Inc. OH Superior Credit Union Inc
Feb 1, 2019 Generations Family Federal Credit Union MI Team One Credit Union
Feb 1, 2019 Augusta Vah Federal Credit Union GA SRP Federal Credit Union
Feb 1, 2019 The Merchants National Bank of Sacramento CA Merchants Bank of Commerce
Feb 1, 2019 Wod Federal Credit Union PA Ufcw Community Federal Credit Union
Feb 1, 2019 E T S Credit Union IA MEMBERS1ST Community Credit Union
Jan 28, 2019 Urban Partnership Bank IL Providence Bank & Trust
Jan 26, 2019 United Community Bank WI Hometown Bank
Jan 24, 2019 Ajs Bancorp, Inc. IL Finward Bancorp
Jan 24, 2019 A J Smith Federal Savings Bank IL Peoples Bank
Jan 23, 2019 CFB Bancshares, Inc. TN B.P.C. Corporation
Jan 19, 2019 Andrews Holding Company TX American Momentum Bank
Jan 19, 2019 Commercial State Bank TX American Momentum Bank
Jan 14, 2019 Exchange State Bank MN Security Savings Bank
Jan 5, 2019 Jefferson County Bank NE Heartland Bank
Jan 5, 2019 Highlands Bancorp, Inc. NJ Lakeland Bancorp, Inc.
Jan 5, 2019 Highlands State Bank NJ Lakeland Bank
Jan 5, 2019 Jefferson County Bancshares, Inc. NE Geneva State Company
Jan 5, 2019 First National Fairbury Corporation NE Geneva State Company
Jan 5, 2019 The First National Bank of Fairbury NE Heartland Bank
Jan 3, 2019 Verus Bank KS Citizens Bank of Kansas

Enforcement Actions in 2019

Action date Agency Institution Action
Jan 4, 2019 OCC Bank of America, N.A. Prohibition/Removal Orders: Suarez, Jessica de la Caridad

Browse adjacent years: 2018 · 2020

Or jump to a category: Failures · Mergers · Enforcement · Assistance