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 |
|---|---|---|
| Sep 1, 2024 | Spco Credit Union | First Service Credit Union |
| Sep 1, 2024 | Relyon Credit Union | Neighborhood Credit Union |
| Sep 1, 2024 | Algonquin State Bank | Michigan State University Federal Credit Union |
| Sep 1, 2024 | Pinnacle Credit Union | Peach State Federal Credit Union |
| Sep 1, 2024 | McHenry Savings Bank | Michigan State University Federal Credit Union |
| Aug 31, 2024 | Security Bank | Bank of Salem |
| Aug 31, 2024 | Tanner Employees Credit Union | Utah First Federal Credit Union |
| Aug 24, 2024 | Cornerstone Bank | The Bank of Princeton |
| Aug 24, 2024 | Cornerstone Financial Corporation | Princeton Bancorp, Inc. |
| Aug 21, 2024 | Rediform Niagara Falls NY Federal Credit Union | Encompass Niagara Federal Credit Union |
| Aug 17, 2024 | Local 520 U a Federal Credit Union | Hershey Federal Credit Union |
| Aug 15, 2024 | Christ the King Parish Federal Credit Union | Midwest Regional Credit Union |
| Aug 1, 2024 | CBB Bancorp | Southern States Bancshares, Inc. |
| Aug 1, 2024 | Century Bank of Georgia | Southern States Bank |
| Aug 1, 2024 | Macatawa Bank Corporation | Wintrust Financial Corporation |
| Aug 1, 2024 | Community First Bancorporation | Dogwood State Bank |
| Aug 1, 2024 | Community First Bank, Inc. | Dogwood State Bank |
| Aug 1, 2024 | Member One Federal Credit Union | Virginia Federal Credit Union |
| Aug 1, 2024 | Anoka Hennepin Credit Union | Topline Financial Credit Union |
| Aug 1, 2024 | Creighton Federal Credit Union | Cobalt Federal Credit Union |
| Aug 1, 2024 | California Bancorp | California Bancorp |
| Aug 1, 2024 | California Bank of Commerce | California Bank of Commerce, N.A. |
| Jul 31, 2024 | Arizona Copper Federal Credit Union | American Southwest Credit Union |
| Jul 13, 2024 | Cambridge Trust Company | Eastern Bank |
| Jul 13, 2024 | Wayland State Bank | Pilot Grove Savings Bank |
| Jul 13, 2024 | Cambridge Bancorp | Eastern Bankshares Inc |
| Jul 8, 2024 | Multipli Credit Union | Multipli Federal Credit Union |
| Jul 3, 2024 | Community State Bank | Solutions North Bank |
| Jul 3, 2024 | Coffeyville Bancorp, Inc. | Stockton Bancshares, Inc. |
| Jul 2, 2024 | Kansasland Bancshares, Inc. | Equity Bancshares, Inc. |
| Jul 2, 2024 | KansasLand Bank | Equity Bank |
| Jul 1, 2024 | Peoples Energy Credit Union | Earthmover Credit Union |
| Jul 1, 2024 | Laneco Federal Credit Union | Central Willamette Credit Union |
| Jul 1, 2024 | Edison Credit Union | Communityamerica Federal Credit Union |
| Jul 1, 2024 | MM Employees Federal Credit Union | Montana Educators' Credit Union |
| Jul 1, 2024 | FNCB Bank | Peoples Security Bank and Trust Company |
| Jul 1, 2024 | Neosho School Employees Credit Union | Legacy Credit Union |
| Jul 1, 2024 | State Bank of Danvers | Lake Central Bank |
| Jul 1, 2024 | Cemc Employees Credit Union | Gateway Credit Union |
| Jul 1, 2024 | PeoplesBank, a Codorus Valley Company | Orrstown Bank |
| Jul 1, 2024 | Changing Seasons Federal Credit Union | University Credit Union |
| Jul 1, 2024 | Law Enforcement & Technology Federal Credit Union | Justice Federal Credit Union |
| Jul 1, 2024 | SimplyBank. | First Financial Bank, N.A. |
| Jul 1, 2024 | Parkview Community Federal Credit Union | Clearview Federal Credit Union |
| Jul 1, 2024 | Rochester Area State Employees Federal Credit Union | Rochester & Monroe County Employees Federal Credit Union |
| Jul 1, 2024 | Reading Mass Town Employees Federal Credit Union | Stoneham Municipal Employees Federal Credit Union |
| Jul 1, 2024 | Ignite Credit Union | Ignite Credit Union |
| Jul 1, 2024 | Wellness Federal Credit Union | American Eagle Financial Credit Union, Inc. |
| Jul 1, 2024 | Florida Rural Electric Credit Union | Calhoun Liberty Credit Union |
| Jul 1, 2024 | Springdale P P G Federal Credit Union | PPG & Associates Federal Credit Union |
Enforcement Actions in 2024
| Action date | Agency | Institution | Action |
|---|---|---|---|
| Jul 9, 2024 | SEC_8K | Fifth Third Bancorp | 8-K Item 8.01: consent order |
| Jul 8, 2024 | OCC | BOKF, N.A. | Prohibition/Removal Orders: Katschke, Deidre |
| Jul 8, 2024 | SEC_8K | Ewsb Bancorp, Inc. | 8-K Item 8.01: memorandum of understanding |
| Jul 1, 2024 | OCC | Zions Bancorporation, N.A. | Prohibition/Removal Orders: Vazquez, Valeria |
| Jun 28, 2024 | FDIC | (individual) | FDIC Makes Public May Enforcement Actions |
| Jun 26, 2024 | SEC_8K | Finward Bancorp | 8-K Item 8.01: consent order |
| Jun 24, 2024 | OCC | First National Bank of Huntsville | 1829 Prohibition Notification: Akins, Felicia |
| Jun 20, 2024 | OCC | Lincoln Federal Savings Bank of Nebraska | Formal Agreement: Lincoln FSB of Nebraska |
| Jun 18, 2024 | OCC | Varo Bank, N.A. | Prohibition/Removal Orders: Shaheed, Aaliyah |
| Jun 18, 2024 | OCC | CNB Holding Company | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): CNB Bank & Trust, National Association |
| Jun 18, 2024 Released Jun 25, 2024 | FRB | (individual) | Written Agreement: Pedcor Financial, LLC, Carmel, Indiana, Pedcor Financial Bancorp, Carmel, Indiana, Fidelity Federal … |
| Jun 17, 2024 | OCC | Bank of America, N.A. | Prohibition/Removal Orders: Jackson, Andre |
| Jun 11, 2024 Released Jun 14, 2024 | FRB | Evolve Bancorp, Inc | Cease and Desist Order: Evolve Bancorp, Inc., West Memphis, Arkansas and Evolve Bank & … |
| Jun 5, 2024 | OCC | U.S. Bank N.A. | Prohibition/Removal Orders: Thomure (n/k/a Makler), Kathyrn |
| Jun 4, 2024 Released Jul 1, 2024 | FRB | Silvergate Capital Corporation | Civil Money Penalty: Silvergate Capital Corporation, La Jolla, California; and Silvergate Bank, La Jolla, … |
| Jun 4, 2024 | OCC | JPMorgan Chase Bank, N.A. | Prohibition/Removal Orders: McDonald, Cordia |
| Jun 4, 2024 | OCC | BOKF, N.A. | Prohibition/Removal Orders: Ditzer, Randall |
| Jun 4, 2024 | OCC | Summit National Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Summit National Bank |
| Jun 3, 2024 | OCC | Wells Fargo Bank, N.A. | Prohibition/Removal Orders: Flores, Cindy |
| May 31, 2024 | FDIC | (individual) | FDIC Makes Public April Enforcement Actions |
| May 30, 2024 | OCC | PNC Bank, N.A. | 1829 Prohibition Notification: Kang, Sandra |
| May 30, 2024 | OCC | JPMorgan Chase Bank, N.A. | 1829 Prohibition Notification: Armstead, Denika |
| May 30, 2024 | OCC | PNC Bank, N.A. | Prohibition/Removal Orders: Jones-Cotton, Priscilla |
| May 30, 2024 | FRB | Bank of Burlington | Section 19 Letters: Leslie Cox |
| May 29, 2024 | OCC | Credit Suisse | Formal Agreement: Credit Suisse NY Br (Federal) |
| May 29, 2024 | OCC | Woodforest National Bank | 1829 Prohibition Notification: Hinton, Jr., Gino |
| May 23, 2024 | OCC | Santander Bank, N.A. | 1829 Prohibition Notification: Savage, Isha-Lee |
| May 23, 2024 | OCC | Old National Bank | 1829 Prohibition Notification: Oberts, Sheryl |
| May 23, 2024 | OCC | Wells Fargo Bank, N.A. | 1829 Prohibition Notification: Gilyard, Tyron |
| May 16, 2024 | OCC | Citibank, N.A. | Notice of Charges: Lewis, Lexus |
| May 14, 2024 | OCC | Bank of America, N.A. | Prohibition/Removal Orders: Ramirez Perez, Manuel |
| May 14, 2024 | OCC | BMO Bank N.A. | 1829 Prohibition Notification: Walker, Requel |
| May 10, 2024 | OCC | The Havana National Bank | 1829 Prohibition Notification: Richardson, Amy |
| May 8, 2024 | OCC | Wintrust Bank, N.A. | 1829 Prohibition Notification: Rodriguez, Roberto |
| May 6, 2024 | OCC | Bank of America, N.A. | 1829 Prohibition Notification: Simmons, Jazzmyne |
| May 6, 2024 | OCC | First National Bank Texas dba First Convenience Bank | 1829 Prohibition Notification: Belyea, Barbara |
| May 2, 2024 Released May 7, 2024 | FRB | First Citizens Bank of Butte | Written Agreement: First Citizens Bank of Butte, Butte, Montana |
| May 1, 2024 | OCC | The Lemont National Bank | Formal Agreement: The Lemont National Bank |
| Apr 30, 2024 | OCC | First National Bank Texas dba First Convenience Bank | Prohibition/Removal Orders: Rivera, Avianna |
| Apr 26, 2024 | FDIC | (individual) | FDIC Makes Public March Enforcement Actions |
| Apr 22, 2024 | SEC_8K | Ameriserv Financial, Inc | 8-K Item 1.01: written agreement |
| Apr 18, 2024 | OCC | Flagstar Bank, N.A. | 1829 Prohibition Notification: Zaccaro, Kristi |
| Apr 17, 2024 | OCC | Touchmark National Bank | Formal Agreement: Touchmark National Bank |
| Apr 16, 2024 | OCC | NBT Bank, N.A. | Prohibition/Removal Orders: Sanders, Stephanie |
| Apr 16, 2024 | OCC | Wells Fargo Bank, N.A. | Prohibition/Removal Orders: Greene, Bahtia |
| Apr 16, 2024 | OCC | PNC Bank, N.A. | Notice of Charges: Milligan, II, Gerald |
| Apr 10, 2024 | OCC | Bank of America, N.A. | 1829 Prohibition Notification: Phelps, Kurt |
| Apr 10, 2024 | OCC | Capital One, N.A. | 1829 Prohibition Notification: Gallego, Paola |
| Apr 9, 2024 | OCC | Santander Bank, N.A. | Prohibition/Removal Orders: Acosta, Stanley |
| Apr 9, 2024 | OCC | PNC Bank, N.A. | Prohibition/Removal Orders: Prince, Sabina |
Browse adjacent years: 2023 · 2025
Or jump to a category: Failures · Mergers · Enforcement · Assistance