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

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