Calendar Year
2024 in US Banking
538 bank events are on record for 2024: 2 failures, 314 mergers or acquisitions involving a bank, credit union or bank holding company, and 222 enforcement actions.
2
Failures
$5.97B in failed assets
314
Mergers
Federal Reserve NIC, banking organizations
222
Enforcement
OCC, FDIC, FRB, OTS and SEC 8-K filings
Jump to: Bank failures 2024 · Bank mergers 2024
How many banks failed in 2024?
2 banks failed in 2024, with $5.97B in assets. Each failure below links to its own page.
| Date | Bank | Assets |
|---|---|---|
| Oct 18, 2024 | First NB of Lindsay | $107.8M |
| Apr 26, 2024 | Republic Bank | $5.87B |
Which banks merged in 2024?
314 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 2024.
See the fuller list: Bank mergers 2024 with largest deals and credit union mergers ›
| Date | Acquired | Acquirer |
|---|---|---|
| May 1, 2024 | Diversified Financial Services, LLC | First National Bank of Omaha |
| May 1, 2024 | Florence Bancorporation, Inc. | Multi-Bank Services, Ltd. |
| May 1, 2024 | Onesouth Bank | Five Star Credit Union |
| May 1, 2024 | Piney Hills Federal Credit Union | Carter Federal Credit Union |
| May 1, 2024 | United Credit Union | Midland Credit Union |
| May 1, 2024 | Reno City Employees Federal Credit Union | Great Basin Federal Credit Union |
| May 1, 2024 | Shaw University Federal Credit Union | Self-Help Federal Credit Union |
| May 1, 2024 | Lowland Credit Union | ORNL Federal Credit Union |
| May 1, 2024 | Wilcox County State Bank | Five Star Credit Union |
| May 1, 2024 | Health Care Idaho Credit Union | Idaho Central Credit Union |
| Apr 25, 2024 | K G C Federal Credit Union | Priority First Federal Credit Union |
| Apr 20, 2024 | Flagship Bank Minnesota | Security Bank & Trust Company |
| Apr 18, 2024 | Eden Financial Corporation | Patrons Holdings, Inc. |
| Apr 13, 2024 | Eagle Financial Bancorp Inc | LCNB Corp. |
| Apr 13, 2024 | Mohawk Progressive Federal Credit Union | First New York Federal Credit Union |
| Apr 13, 2024 | EAGLE.bank | LCNB National Bank |
| Apr 11, 2024 | Mississippi River Bank | Townbridge Bank |
| Apr 10, 2024 | Coastal Bank & Trust | Providence Bank |
| Apr 2, 2024 | Harmony Federal Credit Union | Grand Junction Federal Credit Union |
| Apr 1, 2024 | Lone Star State Bancshares, Inc. | Prosperity Bancshares, Inc. |
| Apr 1, 2024 | Lone Star State Bank of West Texas | Prosperity Bank |
| Apr 1, 2024 | Life Design Holding Company | Mutual Bancorp |
| Apr 1, 2024 | Fidelity Mutual Holding Company | Mutual Bancorp |
| Apr 1, 2024 | Community West Bancshares | Community West Bancshares |
| Apr 1, 2024 | Merchants and Manufacturers Bank Corporation | First Busey Corporation |
| Apr 1, 2024 | Community West Bank, National Association | Community West Bank |
| Apr 1, 2024 | Stigler Bancorporation, Inc. | Firstar Financial Corp. |
| Apr 1, 2024 | American National Bankshares Inc. | Atlantic Union Bankshares Corporation |
| Apr 1, 2024 | Gold Credit Union | United Federal Credit Union |
| Apr 1, 2024 | American National Bank and Trust Company | Atlantic Union Bank |
| Apr 1, 2024 | City & Police Federal Credit Union | Alive Credit Union |
| Apr 1, 2024 | St. Elizabeth Credit Union | First Commonwealth Federal Credit Union |
| Apr 1, 2024 | Northeastern Connecticut Health Care Credit Union, Inc. | America's First Network Credit Union |
| Apr 1, 2024 | Allied Plastics Federal Credit Union | GP Louisiana Federal Credit Union |
| Apr 1, 2024 | Wufface Federal Credit Union | Kemba Credit Union, Inc. |
| Apr 1, 2024 | Flasher Community Credit Union | Capital Credit Union |
| Apr 1, 2024 | Ssmok Employees Federal Credit Union | The Focus Federal Credit Union |
| Apr 1, 2024 | The First National Bank of Stigler | Firstar Bank |
| Apr 1, 2024 | Central Coast Federal Credit Union | Wescom Central Credit Union |
| Apr 1, 2024 | Fci Federal Credit Union | Red River Employees Federal Credit Union |
| Apr 1, 2024 | Capstar Financial Holdings, Inc. | Old National Bancorp |
| Apr 1, 2024 | CapStar Bank | Old National Bank |
| Mar 30, 2024 | Fox Street, Inc. | MidWestOne Bank |
| Mar 26, 2024 | I C Federal Credit Union | Priority First Federal Credit Union |
| Mar 19, 2024 | Cboa Financial, Inc. | Bancorp 34, Inc. |
| Mar 19, 2024 | Commerce Bank of Arizona | Southwest Heritage Bank |
| Mar 12, 2024 | Western Heritage Bank | Nusenda Federal Credit Union |
| Mar 7, 2024 | Spiro Bancshares, Inc. | Prairie Bell Holdings, Inc. |
| Mar 4, 2024 | Star Choice Credit Union | Sharepoint Credit Union |
| Mar 1, 2024 | Our Sunday Visitor Employees Federal Credit Union | Community Link Federal Credit Union |
Enforcement Actions in 2024
| Action date | Agency | Institution | Action |
|---|---|---|---|
| Oct 3, 2024 | OCC | Axiom Bank, N.A. | Formal Agreement: Axiom Bank, National Association |
| Sep 30, 2024 Released Oct 3, 2024 | FRB | Opportunity Bank of Montana | Civil Money Penalty: Opportunity Bank of Montana, Helena, Montana |
| Sep 30, 2024 Released Oct 3, 2024 | FRB | First Wyoming Bank - Jackson Hole | Cease and Desist Order: Lindsay Graves |
| Sep 27, 2024 | FDIC | (individual) | FDIC Makes Public August Enforcement Actions |
| Sep 26, 2024 | OCC | U.S. Bank N.A. | Prohibition/Removal Orders: Day, Alexis |
| Sep 25, 2024 | OCC | The First National Bank of Waverly | Formal Agreement: The First National Bank of Waverly |
| Sep 24, 2024 | OCC | Citibank, N.A. | Prohibition/Removal Orders: Cortez, Tanya |
| Sep 18, 2024 | SEC_8K | Finward Bancorp | 8-K Item 7.01: consent order |
| Sep 17, 2024 | OCC | The First National Bank of Dennison, Ohio | Formal Agreement: The First National Bank of Dennison |
| Sep 17, 2024 | OCC | First National Bank of Lake Jackson | Formal Agreement: First National Bank of Lake Jackson |
| Sep 16, 2024 | OCC | JPMorgan Chase Bank, N.A. | Prohibition/Removal Orders: Kornegay, Leronne |
| Sep 12, 2024 | OCC | Wells Fargo Bank, N.A. | Formal Agreement: Wells Fargo Bank, National Association |
| Sep 5, 2024 | SEC_8K | Finward Bancorp | 8-K Item 5.02: consent order |
| Sep 5, 2024 | SEC_8K | Finward Bancorp | 8-K Item 7.01: consent order |
| Sep 4, 2024 Released Sep 11, 2024 | FRB | Fieldpoint Private Holdings, Inc. | Written Agreement: Fieldpoint Private Holdings, Inc., Greenwich, Connecticut and Fieldpoint Private Bank and Trust, … |
| Aug 30, 2024 | FDIC | (individual) | FDIC Makes Public July Enforcement Actions |
| Aug 29, 2024 Released Sep 4, 2024 | FRB | United Texas Bank, N.A. | Cease and Desist Order: United Texas Bank, Dallas, Texas |
| Aug 28, 2024 Released Sep 4, 2024 | FRB | First Interstate Bank | Civil Money Penalty: First Interstate Bank, Billings, Montana |
| Aug 27, 2024 | OCC | JPMorgan Chase Bank, N.A. | Prohibition/Removal Orders: Aikens, Natasha |
| Aug 26, 2024 | OCC | U.S. Bank N.A. | 1829 Prohibition Notification: Miller, Sarah |
| Aug 26, 2024 | OCC | Frontier Bank | 1829 Prohibition Notification: Henrichs, Shawna |
| Aug 23, 2024 | SEC_8K | RBB Bancorp | 8-K Item 8.01: consent order |
| Aug 15, 2024 | SEC_8K | Kentucky First Federal Bancorp | 8-K Item 9.01: written agreement |
| Aug 15, 2024 | SEC_8K | Kentucky First Federal Bancorp | 8-K Item 1.01: written agreement |
| Aug 13, 2024 | OCC | First Federal Savings Bank of Kentucky | Formal Agreement: First Federal Savings Bank of Kentucky |
| Aug 13, 2024 | SEC_8K | Finward Bancorp | 8-K Item 5.02: written agreement |
| Aug 7, 2024 Released Aug 15, 2024 | FRB | Bank of Eufaula | Written Agreement: SNB Bancshares, Inc., Eufaula, Oklahoma, and Bank of Eufaula, Eufaula, Oklahoma |
| Aug 6, 2024 Released Aug 15, 2024 | FRB | Heritage Bancshares Group, Inc. | Written Agreement: Heritage Bancshares Group Inc. Employee Stock Ownership Plan and Trust, Spicer, Minnesota … |
| Aug 5, 2024 Released Aug 8, 2024 | FRB | Customers Bancorp, Inc | Written Agreement: Customers Bancorp, Inc., West Reading, Pennsylvania and Customers Bank, Malvern, Pennsylvania |
| Aug 2, 2024 | OCC | Citibank, N.A. | Prohibition/Removal Orders: Lewis, Lexus |
| Aug 1, 2024 | OCC | PNC Bank, N.A. | Prohibition/Removal Orders: Salazar, Maria |
| Aug 1, 2024 | OCC | TD Bank, N.A. | Prohibition/Removal Orders: Gomes, James |
| Jul 31, 2024 | OCC | Washington Federal Bank for Savings | 1829 Prohibition Notification: Weston, Janice |
| Jul 31, 2024 | OCC | Washington Federal Bank for Savings | 1829 Prohibition Notification: Kozdemba, George |
| Jul 29, 2024 | OCC | JPMorgan Chase Bank, N.A. | Notice of Charges: Garcia, Roberto |
| Jul 26, 2024 | FDIC | (individual) | FDIC Makes Public June Enforcement Actions |
| Jul 26, 2024 | OCC | Slovenian Savings & Loan Association of Franklin-Conemaugh | Formal Agreement: Slovenian S&LA of Franklin-Conemaugh |
| Jul 25, 2024 | OCC | 1st National Bank | Formal Agreement: 1st National Bank |
| Jul 23, 2024 | OCC | Maple City Savings Bank, FSB | Formal Agreement: Maple City Savings Bank, FSB |
| Jul 22, 2024 | SEC_8K | Generations Bancorp NY, Inc. | 8-K Item 1.01: written agreement |
| Jul 19, 2024 | FRB | Green Dot Bank | Cease and Desist Order, Civil Money Penalty: Green Dot Bank, Provo, Utah and Green … |
| Jul 19, 2024 | SEC_8K | Green Dot Corporation | 8-K Item 9.01: consent order |
| Jul 19, 2024 | SEC_8K | Green Dot Corporation | 8-K Item 8.01: consent order |
| Jul 19, 2024 | OCC | Generations Bank | Formal Agreement: Generations Bank |
| Jul 18, 2024 Released Jul 23, 2024 | FRB | North Shore Bank of Commerce | Civil Money Penalty: North Shore Bank of Commerce, Duluth, Minnesota |
| Jul 16, 2024 Released Jul 19, 2024 | FRB | Jiko Group, Inc. | Cease and Desist Order: Jiko Group Inc., San Francisco, California |
| Jul 10, 2024 | FRB | Citigroup Inc. | Civil Money Penalty: Citigroup, Inc., New York, New York |
| Jul 10, 2024 | OCC | Citibank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Citibank, N.A. |
| Jul 10, 2024 | OCC | Citibank, N.A. | Civil Money Penalty (CMP): Citibank, N.A. |
| Jul 9, 2024 | SEC_8K | Fifth Third Bancorp | 8-K Item 9.01: consent order |
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