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 |
|---|---|---|---|
| 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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