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 |
|---|---|---|---|
| Jan 31, 2024 | OCC | Sterling Bank and Trust, FSB | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Kolk, Jonathan |
| Jan 31, 2024 | OCC | City National Bank | Civil Money Penalty (CMP): City National Bank |
| Jan 31, 2024 | OCC | Wells Fargo Bank, N.A. | Prohibition/Removal Orders: Mitchell, Chimere |
| Jan 30, 2024 | OCC | JPMorgan Chase Bank, N.A. | Prohibition/Removal Orders: Trunz, Christian |
| Jan 30, 2024 | OCC | JPMorgan Chase Bank, N.A. | Prohibition/Removal Orders: Edmonds, John |
| Jan 30, 2024 | OCC | Santander Bank, N.A. | Prohibition/Removal Orders: McBride-Bey, Elijah |
| Jan 26, 2024 | FDIC | (individual) | FDIC Makes Public December Enforcement Actions |
| Jan 25, 2024 | SEC_8K | Blue Ridge Bankshares, Inc. | 8-K Item 1.02: consent order |
| Jan 24, 2024 | OCC | Blue Ridge Bank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Blue Ridge Bank, National Association |
| Jan 22, 2024 Released Feb 6, 2024 | FRB | Peoples-Marion Bancorp, Inc. | Written Agreement: Peoples-Marion Bancorp, Inc., Marion, Kentucky and The Peoples Bank, Marion, Kentucky |
| Jan 19, 2024 | OCC | The First National Bank of Saint Ignace | Formal Agreement: The First National Bank of St. Ignace |
| Jan 16, 2024 Released Jan 19, 2024 | FRB | Industrial Bank | Cease and Desist Order, Civil Money Penalty: Industrial and Commercial Bank of China Ltd., … |
| Jan 16, 2024 Released Jan 18, 2024 | FRB | Community Financial Services Bank | Prohibition from Banking: Andrew M. Ellison |
| Jan 10, 2024 Released Jan 11, 2024 | FRB | Merchants Trust & Savings Bank | Cease and Desist Order, Civil Money Penalty: Randy Johnson |
| Jan 10, 2024 Released Jan 11, 2024 | FRB | Merchants Trust & Savings Bank | Cease and Desist Order, Civil Money Penalty: Chad Kellogg |
| Jan 10, 2024 Released Jan 11, 2024 | FRB | Merchants Trust & Savings Bank | Cease and Desist Order, Civil Money Penalty: Jeffrey Hines |
| Jan 9, 2024 | OCC | Wells Fargo Bank, N.A. | Prohibition/Removal Orders: Taylor, Nyema'sha |
| Jan 9, 2024 | OCC | Santander Bank, N.A. | Prohibition/Removal Orders: Andujar Velazquez, Francis |
| Jan 9, 2024 | OCC | JPMorgan Chase Bank, N.A. | Prohibition/Removal Orders: Wilson, Mirsha |
| Jan 8, 2024 | OCC | PNC Bank, N.A. | Prohibition/Removal Orders: Mann, Cole |
| Jan 8, 2024 Released Jan 11, 2024 | FRB | First Wyoming Bank - Jackson Hole | Prohibition from Banking: John Freeze |
| Jan 8, 2024 | OCC | PNC Bank, N.A. | 1829 Prohibition Notification: Wadsworth, Nathan |
Browse adjacent years: 2023 · 2025
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