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 |
|---|---|---|
| Oct 23, 2024 | Mohler Bancshares, Inc. | Vista Holding Company |
| Oct 23, 2024 | Exchange State Bank | Union State Bank |
| Oct 17, 2024 | Albion School Employees Federal Credit Union | Cobblestone Country Federal Credit Union |
| Oct 15, 2024 | First National Bank in Okeene | Wisdom Heritage Bank |
| Oct 12, 2024 | FMB Bancshares, Inc. | Lowndes Bancshares, Inc. |
| Oct 11, 2024 | The First National Bank of Beardstown | Petefish, Skiles & Company |
| Oct 10, 2024 | HMN Financial, Inc. | Alerus Financial Corporation |
| Oct 10, 2024 | Home Federal Savings Bank | Alerus Financial, N.A. |
| Oct 5, 2024 | Freehold Bank | Columbia Bank |
| Oct 5, 2024 | Kahoka State Bank | Exchange Bank Co. |
| Oct 2, 2024 | Umico Federal Credit Union | Special Metals Federal Credit Union |
| Oct 1, 2024 | Wyo Central Federal Credit Union | Stagepoint Federal Credit Union |
| Oct 1, 2024 | 1st Capital Bancorp | West Coast Community Bancorp |
| Oct 1, 2024 | Touchstone Bankshares, Inc. | First National Corporation |
| Oct 1, 2024 | Civic Federal Credit Union | Civic Federal Credit Union |
| Oct 1, 2024 | Oakwood Bancshares, Inc. | Business First Bancshares, Inc. |
| Oct 1, 2024 | Integrated Financial Holdings, Inc. | Capital Bancorp, Inc. |
| Oct 1, 2024 | 1st Capital Bank | West Coast Community Bank |
| Oct 1, 2024 | Pioneer Commercial Bank | Pioneer Bank, N.A. |
| Oct 1, 2024 | Northside Community Bank | Advia Credit Union |
| Oct 1, 2024 | Ameriserv Trust and Financial Services Company | Ameriserv Financial Bank |
| Oct 1, 2024 | Joy Employees Federal Credit Union | National Employees Federal Credit Union |
| Oct 1, 2024 | Oakwood Bank | b1BANK |
| Oct 1, 2024 | Shipbuilders Credit Union | Kohler Credit Union |
| Oct 1, 2024 | Wakarusa Valley Credit Union | Envista Federal Credit Union |
| Oct 1, 2024 | Mason County School Employees Credit Union | Safe Harbor Credit Union |
| Oct 1, 2024 | West Town Bank & Trust | Capital Bank, N.A. |
| Oct 1, 2024 | Red Rock Bank | Midcountry Bank |
| Oct 1, 2024 | Touchstone Bank | First Bank |
| Oct 1, 2024 | Latrobe Area Hospital Federal Credit Union | Pheple Federal Credit Union |
| Oct 1, 2024 | Mississippi Federal Credit Union | Mutual Federal Credit Union |
| Oct 1, 2024 | Rockford Bell Credit Union | Consumers Credit Union |
| Oct 1, 2024 | Advantis Credit Union | Rivermark Community Credit Union |
| Oct 1, 2024 | Arnold Bakers Employees Federal Credit Union | America's First Network Credit Union |
| Oct 1, 2024 | Procter & Gamble Employees Credit Union | Alliance Credit Union |
| Oct 1, 2024 | Town Country United Bank | United Bank |
| Oct 1, 2024 | Bourns Employees Federal Credit Union | Arrowhead Federal Credit Union |
| Oct 1, 2024 | Oahu Federal Credit Union | Aloha Pacific Federal Credit Union |
| Sep 23, 2024 | Oxford University Bank | Guaranty Bank and Trust Company |
| Sep 21, 2024 | Community Development Bank, FSB | Deerwood Bank |
| Sep 21, 2024 | Abington Bank | TruNorth Bank |
| Sep 21, 2024 | Ewsb Bancorp, Inc. | Ewsb Bancorp, Inc. |
| Sep 21, 2024 | Wisconsin Mutual Bancorp, MHC | Ewsb Bancorp, Inc. |
| Sep 21, 2024 | North Shore Bancorp | Hometown Financial Group, Inc |
| Sep 1, 2024 | Eastpointe Community Credit Union | Freestar Financial Credit Union |
| Sep 1, 2024 | Springfield Postal Employees Federal Credit Union | Pathways Financial Credit Union, Inc. |
| Sep 1, 2024 | First National Bank Northwest Florida | Innovations Financial Credit Union |
| Sep 1, 2024 | CRMC Employees Credit Union | Interstate Credit Union |
| Sep 1, 2024 | Johnson County Bank | Skyline National Bank |
| Sep 1, 2024 | Swindell-Dressler Credit Union | Armco Credit Union |
Enforcement Actions in 2024
| Action date | Agency | Institution | Action |
|---|---|---|---|
| Apr 5, 2024 | SEC_8K | Blue Ridge Bankshares, Inc. | 8-K Item 1.01: consent order |
| Apr 4, 2024 | OCC | Comerica Bank & Trust, N.A. | Formal Agreement: Comerica Bank & Trust, National Association |
| Apr 2, 2024 | OCC | Heritage Bank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Heritage Bank, National Association |
| Apr 1, 2024 | OCC | Wells Fargo Bank, N.A. | 1829 Prohibition Notification: Davie, Brian |
| Apr 1, 2024 | OCC | U.S. Bank N.A. | 1829 Prohibition Notification: Roberson, Erica |
| Mar 29, 2024 | FDIC | (individual) | FDIC Makes Public February Enforcement Actions |
| Mar 29, 2024 Released Apr 4, 2024 | FRB | Steele Bancshares, Inc. | Written Agreement: Steele Bancshares, Tyler, Texas and American State Bank, Arp, Texas |
| Mar 28, 2024 Released Apr 4, 2024 | FRB | Mode Eleven Bancorp | Cease and Desist Order: Mode Eleven Bancorp, Hulett, Wyoming |
| Mar 27, 2024 | OCC | Washington Federal Bank for Savings | 1829 Prohibition Notification: Mahon, William |
| Mar 27, 2024 | OCC | JPMorgan Chase Bank, N.A. | 1829 Prohibition Notification: Chiu, Kevin |
| Mar 26, 2024 | SEC_8K | Finward Bancorp | 8-K Item 8.01: consent order |
| Mar 25, 2024 | OCC | Sterling Bank and Trust, FSB | Prohibition/Removal Orders: Seligman, Scott |
| Mar 25, 2024 | OCC | Sterling Bank and Trust, FSB | Civil Money Penalty (CMP): Seligman, Scott |
| Mar 22, 2024 | OCC | JPMorgan Chase Bank, N.A. | 1829 Prohibition Notification: Austin, David |
| Mar 20, 2024 | OCC | Sterling Bank and Trust, FSB | Prohibition/Removal Orders: Judd, Gary |
| Mar 20, 2024 | OCC | Mufg Union Bank Foundation | 1829 Prohibition Notification: Moe, Alicia |
| Mar 20, 2024 | FRB | Fifth Third Bank, N.A. | Section 19 Letters: Benjamin A. Lara |
| Mar 20, 2024 | OCC | Sterling Bank and Trust, FSB | Civil Money Penalty (CMP): Judd, Gary |
| Mar 14, 2024 | OCC | Wells Fargo Bank, N.A. | Prohibition/Removal Orders: Desembrana, Norman |
| Mar 14, 2024 | OCC | Wells Fargo Bank, N.A. | Civil Money Penalty (CMP): Desembrana, Norman |
| Mar 14, 2024 | OCC | JPMorgan Chase Bank, N.A. | Civil Money Penalty (CMP): JPMorgan Chase Bank, National Association |
| Mar 14, 2024 | OCC | JPMorgan Chase Bank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): JPMorgan Chase Bank, National Association |
| Mar 13, 2024 Released Mar 14, 2024 | FRB | First & Peoples Bancshares, Inc. | Written Agreement: First & Peoples Bancshares, Inc., Russell, Kentucky |
| Mar 13, 2024 | OCC | Vision Bank | Prohibition/Removal Orders: Snider, Jackie |
| Mar 12, 2024 | OCC | Minnstar Bank N.A. | Formal Agreement: Minnstar Bank National Association |
| Mar 8, 2024 Released Mar 14, 2024 | FRB | JPMorgan Chase & Co. | Cease and Desist Order, Civil Money Penalty: JPMorgan Chase & Co., New York, New … |
| Mar 7, 2024 | OCC | The City National Bank and Trust Company of Lawton, Oklahoma | 1829 Prohibition Notification: Beaver, Byran |
| Mar 7, 2024 | FRB | NBH Bank | Section 19 Letters: John J. Sanders |
| Mar 6, 2024 | OCC | Bank of America, N.A. | 1829 Prohibition Notification: Seck, Diape |
| Mar 6, 2024 | OCC | TD Bank, N.A. | 1829 Prohibition Notification: Seck, Diape |
| Mar 5, 2024 | SEC_8K | U.S. Bancorp | 8-K Item 8.01: consent order |
| Feb 29, 2024 | OCC | First Federal Savings and Loan Association of Lorain | Formal Agreement: First FS & LA of Lorain |
| Feb 23, 2024 | FDIC | (individual) | FDIC Makes Public January Enforcement Actions |
| Feb 21, 2024 | OCC | Dollar Bank, Federal Savings Bank | 1829 Prohibition Notification: Casto, Stephanie |
| Feb 15, 2024 | OCC | Sterling Bank and Trust, FSB | Prohibition/Removal Orders: Montemayor, Michael |
| Feb 15, 2024 | OCC | Sterling Bank and Trust, FSB | Civil Money Penalty (CMP): Montemayor, Michael |
| Feb 14, 2024 | OCC | Barrington Bank & Trust Company, N.A. | Civil Money Penalty (CMP): Jurun, Nicholas L. |
| Feb 14, 2024 | OCC | Barrington Bank & Trust Company, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Jurun, Nicholas L. |
| Feb 13, 2024 | OCC | Sterling Bank and Trust, FSB | Civil Money Penalty (CMP): Lopp, Thomas |
| Feb 13, 2024 | OCC | Sterling Bank and Trust, FSB | Prohibition/Removal Orders: Lopp, Thomas |
| Feb 9, 2024 Released Feb 13, 2024 | FRB | Select Bank | Civil Money Penalty: Select Bank, Forest, Virginia |
| Feb 8, 2024 | OCC | Sterling Bank and Trust, FSB | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Kimmel, Colleen |
| Feb 7, 2024 | SEC_8K | Regional Management Corporation | 8-K Item 7.01: consent order |
| Feb 7, 2024 | OCC | Citibank, N.A. | Prohibition/Removal Orders: Velez Restrepo, Juan |
| Feb 7, 2024 | OCC | UMB Bank, N.A. | Prohibition/Removal Orders: Cherry, Samantha |
| Feb 5, 2024 | OCC | Sterling Bank and Trust, FSB | Prohibition/Removal Orders: Adams, Stephen |
| Feb 5, 2024 | OCC | Sterling Bank and Trust, FSB | Civil Money Penalty (CMP): Adams, Stephen |
| Feb 1, 2024 | OCC | Webster Bank, N.A. | Prohibition/Removal Orders: Parsons, Aaron |
| Jan 31, 2024 | SEC_8K | Finward Bancorp | 8-K Item 2.03: consent order |
| Jan 31, 2024 | OCC | City National Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): City National Bank |
Browse adjacent years: 2023 · 2025
Or jump to a category: Failures · Mergers · Enforcement · Assistance