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 |
|---|---|---|
| Oct 1, 2019 | South Florida Federal Credit Union | Guardians Credit Union |
| Oct 1, 2019 | Judds Federal Credit Union | MVP Postal and Printing Federal Credit Union |
| Oct 1, 2019 | Healthcare 1st Federal Credit Union | Potomac Federal Credit Union |
| Oct 1, 2019 | Ohio Operating Engineers Federal Credit Union | Best Reward Federal Credit Union |
| Oct 1, 2019 | Northampton Vaf Federal Credit Union | Umassfive College Federal Credit Union |
| Oct 1, 2019 | The Cornerstone Credit Union | Vibrant Credit Union |
| Oct 1, 2019 | Deer Valley Credit Union | Copper State Credit Union |
| Oct 1, 2019 | The State National Bank in West | Citizens State Bank |
| Oct 1, 2019 | Homestead Federal Credit Union | Altana Federal Credit Union |
| Oct 1, 2019 | First Bank of Lilly | Somerset Trust Company |
| Oct 1, 2019 | Monarch Federal Credit Union | Firefighters & Company Federal Credit Union |
| Oct 1, 2019 | Bank of Mount Hope, Inc. | Pendleton Community Bank, Inc. |
| Oct 1, 2019 | Peoples First Federal Credit Union | Americas First Federal Credit Union |
| Oct 1, 2019 | Hawaii Pacific Federal Credit Union | Aloha Pacific Federal Credit Union |
| Oct 1, 2019 | SB Community Federal Credit Union | Service 1 Federal Credit Union |
| Oct 1, 2019 | Express-News Federal Credit Union | Randolph-Brooks Federal Credit Union |
| Oct 1, 2019 | Carco Federal Credit Union | Educational Systems Federal Credit Union |
| Oct 1, 2019 | The Partnership Federal Credit Union | NASA Federal Credit Union |
| Oct 1, 2019 | First State Bank | Bom Bank |
| Oct 1, 2019 | National Bancshares Waupun, Inc. | Neb Corporation |
| Oct 1, 2019 | Cairo/Moberly Bancshares, Inc. | RMB Bancshares, Inc. |
| Oct 1, 2019 | Beverly Bank | TruNorth Bank |
| Sep 30, 2019 | Erie Metro Federal Credit Union | Financial Trust Federal Credit Union |
| Sep 30, 2019 | Electchester Federal Credit Union | Consumers Federal Credit Union |
| Sep 28, 2019 | First State Bank, Inc. | Farmers Bank & Trust Company |
| Sep 28, 2019 | Community Bancorp of Kentucky, Inc. | Farmers Bancorp, Inc. of Marion, Kentucky |
| Sep 28, 2019 | Whitehall Credit Union | Pathways Financial Credit Union, Inc. |
| Sep 23, 2019 | Panora State Bank | Iowa Trust & Savings Bank |
| Sep 22, 2019 | Good Counsel Federal Credit Union | Brooklyn Cooperative Federal Credit Union |
| Sep 21, 2019 | De Witt Bank and Trust Company | Stone Bank |
| Sep 21, 2019 | Midsouth Bank, N.A. | Hancock Whitney Bank |
| Sep 21, 2019 | Midsouth Bancorp, Inc. | Hancock Whitney Corporation |
| Sep 14, 2019 | Lafayette Ambassador Bank | Fulton Bank, N.A. |
| Sep 14, 2019 | Small Town Bank | Southern States Bank |
| Sep 14, 2019 | East Alabama Financial Group, Inc. | Southern States Bancshares, Inc. |
| Sep 14, 2019 | The Columbia Bank | Fulton Bank, N.A. |
| Sep 14, 2019 | GSB Bancshares, Inc. | Circle I Bank Group, Inc. |
| Sep 14, 2019 | Gruver State Bank | Western Bank |
| Sep 13, 2019 | Postal Employees of Troy, N.Y. Federal Credit Union | Capital Communications Federal Credit Union |
| Sep 6, 2019 | Lakeside Bancshares, Inc. | PFBS Holdings, Inc. |
| Sep 3, 2019 | Brickell Bank | Banesco USA |
| Sep 2, 2019 | Premier National Investment Company, Inc. | Manufacturers and Traders Trust Company |
| Sep 2, 2019 | M&T Real Estate Trust | Manufacturers and Traders Trust Company |
| Sep 1, 2019 | Fidelity Bank of Florida, N.A. | Addition Financial Credit Union |
| Sep 1, 2019 | Pistachio Newco Inc. | Mechanics Bank |
| Sep 1, 2019 | Summit Financial Enterprises, Inc. | Cadence Bank |
| Sep 1, 2019 | Summit Bank, National Association | Cadence Bank |
| Sep 1, 2019 | Providence Bank | Heritage Southeast Bank |
| Sep 1, 2019 | MBT Financial Corp. | First Merchants Corporation |
| Sep 1, 2019 | Martin Luther King Credit Union | Priority Trust Credit Union |
The list holds 500 of the 547 mergers recorded for 2019.
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
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