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 |
|---|---|---|
| Jul 1, 2024 | Codorus Valley Bancorp, Inc. | Orrstown Financial Services, Inc. |
| Jul 1, 2024 | Frsa Credit Union | Orlando Credit Union |
| Jul 1, 2024 | Southwest Counties School Employees Credit Union | Legacy Credit Union |
| Jul 1, 2024 | FNCB Bancorp, Inc. | Peoples Financial Services Corp. |
| Jul 1, 2024 | Alliance Bank & Trust Company | Commercial Bank |
| Jul 1, 2024 | AB&T Financial Corporation | Commercial Bancgroup, Inc. |
| Jul 1, 2024 | Fourth Capital Bank | Lawrence Bank |
| Jul 1, 2024 | Fourth Capital Holdings, Inc. | Lawrence Bancshares, Inc. |
| Jun 30, 2024 | Ukrainian Selfreliance New England Federal Credit Union | Selfreliance Federal Credit Union |
| Jun 30, 2024 | South Towns Community Federal Credit Union | One Credit Union of NY |
| Jun 25, 2024 | Forrest County Teachers Federal Credit Union | Centuryfirst Federal Credit Union |
| Jun 24, 2024 | Lexington Avenue Federal Credit Union | Alternatives Federal Credit Union |
| Jun 24, 2024 | Bradley Bancshares, Inc. | Drew Bancshares, Inc. |
| Jun 24, 2024 | First State Bank of Warren | Commercial Bank & Trust Company |
| Jun 22, 2024 | Merchants and Manufacturers Bank | Busey Bank |
| Jun 21, 2024 | Little Rock Federal Credit Union | Truservice Community Federal Credit Union |
| Jun 12, 2024 | 1st Valley Credit Union | America First Federal Credit Union |
| Jun 1, 2024 | Lincoln Sudbury Town Employees Federal Credit Union | Saint Mary's Credit Union |
| Jun 1, 2024 | Cabway Telco Federal Credit Union | Star USA Federal Credit Union |
| Jun 1, 2024 | Cooperative Center Federal Credit Union | Nuvision Federal Credit Union |
| Jun 1, 2024 | First Colorado National Bank | OakStar Bank |
| Jun 1, 2024 | The Valley State Bank | Security State Bank |
| Jun 1, 2024 | Community First Bank | OakStar Bank |
| Jun 1, 2024 | First National Bank at Darlington | The Bank of New Glarus |
| Jun 1, 2024 | Encurage Financial Network | Great Lakes Credit Union |
| Jun 1, 2024 | Frontier Community Bank | The National Bank of Blacksburg |
| Jun 1, 2024 | Wayne Savings Bancshares, Inc. | Main Street Financial Services Corp |
| Jun 1, 2024 | Main Street Bank Corp. | Main Street Bank Corp. |
| Jun 1, 2024 | USAA Savings Bank | USAA Federal Savings Bank |
| Jun 1, 2024 | Credit Suisse Ag | UBS Ag |
| Jun 1, 2024 | First Bristol Federal Credit Union | Nutmeg State Financial Credit Union |
| Jun 1, 2024 | Bellco Federal Credit Union | First Commonwealth Federal Credit Union |
| Jun 1, 2024 | Louisiana Federal Credit Union | Onpath Federal Credit Union |
| May 31, 2024 | Cambridge Teachers Federal Credit Union | Webster First Federal Credit Union |
| May 31, 2024 | Financial Access Federal Credit Union | Credit Union 1 |
| May 25, 2024 | Security Bancshares, Inc. | LBT Bancshares, Inc. |
| May 25, 2024 | Security National Bank | Bank & Trust Company |
| May 24, 2024 | Plainfield Credit Union | New Brunswick Postal Federal Credit Union |
| May 18, 2024 | Arcola First Bank | Peoples Bank & Trust |
| May 16, 2024 | Lakeland Bank | Provident Bank |
| May 16, 2024 | Lakeland Bancorp, Inc. | Provident Financial Services, Inc. |
| May 16, 2024 | First Sound Bank | Harborstone Credit Union |
| May 11, 2024 | The First National Bank in Creston | Northwest Bank |
| May 4, 2024 | Lake City Federal Bank | Forward Bank |
| May 3, 2024 | Summit Community Bank, Inc | Burke and Herbert Bank and Trust Company |
| May 3, 2024 | Summit Financial Group, Inc. | Burke & Herbert Financial Services Corp. |
| May 1, 2024 | First National Bank | Panhandle First Bank |
| May 1, 2024 | Paradise Valley Federal Credit Union | Nuvision Federal Credit Union |
| May 1, 2024 | Allied Healthcare Federal Credit Union | Southland Credit Union |
| May 1, 2024 | The Municipal Federal Credit Union | Premier Credit Union |
Enforcement Actions in 2024
| Action date | Agency | Institution | Action |
|---|---|---|---|
| Dec 27, 2024 | FDIC | (individual) | FDIC Makes Public November Enforcement Actions |
| Dec 23, 2024 | OCC | Wells Fargo Bank, N.A. | Prohibition/Removal Orders: Herrell, De'Anna |
| Dec 23, 2024 | SEC_8K | Finward Bancorp | 8-K Item 8.01: consent order |
| Dec 23, 2024 | OCC | Bank of America, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Bank of America, National Association |
| Dec 20, 2024 | OCC | Citizens Bank, N.A. | Prohibition/Removal Orders: Wu, David |
| Dec 20, 2024 | OCC | Citizens Bank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Wu, David |
| Dec 20, 2024 | OCC | Bank of America, N.A. | 1829 Prohibition Notification: Qi, Zhenyi |
| Dec 19, 2024 | OCC | Wells Fargo Bank, N.A. | 1829 Prohibition Notification: Salomon, Jasmine |
| Dec 18, 2024 | OCC | PNC Bank, N.A. | Prohibition/Removal Orders: Singletary, Nakyra |
| Dec 18, 2024 | OCC | USAA Federal Savings Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): USAA Federal Savings Bank |
| Dec 17, 2024 | FRB | Equity Bank | Section 19 Letters: DeShawn L. Brim, Jr. |
| Dec 12, 2024 | OCC | TD Bank, N.A. | Prohibition/Removal Orders: Cooper, Justin |
| Dec 11, 2024 | OCC | Northfield Bancorp, MHC | Prohibition/Removal Orders: Nicholson, Isaiah |
| Dec 9, 2024 | OCC | Fifth Third Bank, N.A. | 1829 Prohibition Notification: Zivanovic, Ljiljana |
| Dec 9, 2024 | OCC | The First National Bank of Hebbronville | 1829 Prohibition Notification: Garza, Oneida |
| Dec 5, 2024 | OCC | TD Bank, N.A. | Prohibition/Removal Orders: Hernandez, Brian |
| Dec 4, 2024 | OCC | Fifth Third Bank, N.A. | Prohibition/Removal Orders: Meadows, Cassandra |
| Dec 4, 2024 Released Dec 19, 2024 | FRB | Lineage Financial Network, Inc. | Written Agreement: Lineage Financial Network, Franklin, Tennessee |
| Nov 29, 2024 | FDIC | (individual) | FDIC Makes Public October Enforcement Actions |
| Nov 25, 2024 Released Dec 3, 2024 | FRB | First of Murphysboro Corp. | Cease and Desist Order: First of Murphysboro Corp., Murphysboro, Illinois |
| Nov 21, 2024 | OCC | TD Bank, N.A. | Notice of Charges: De Leon, Armando |
| Nov 21, 2024 | OCC | Wells Fargo Bank, N.A. | Notice of Charges: Niedwiecky, Emily |
| Nov 20, 2024 | OCC | JPMorgan Chase Bank, N.A. | Prohibition/Removal Orders: Pialet, Wendell |
| Nov 18, 2024 Released Nov 21, 2024 | FRB | Heartland Tri-State Bank | Prohibition from Banking: Shan Hanes |
| Nov 13, 2024 Released Nov 19, 2024 | FRB | Small Business Bank | Cease and Desist Order: Small Business Bank, Lenexa, Kansas |
| Nov 13, 2024 Released Nov 19, 2024 | FRB | Industry Bancshares, Inc. | Cease and Desist Order: Industry Bancshares, Inc., Industry, Texas |
| Nov 12, 2024 | OCC | The First National Bank of Williamson | Formal Agreement: The First National Bank of Williamson |
| Nov 12, 2024 | OCC | The Fairfield National Bank | Formal Agreement: The Fairfield National Bank |
| Nov 7, 2024 | SEC_8K | Finward Bancorp | 8-K Item 7.01: consent order |
| Nov 1, 2024 Released Nov 12, 2024 | FRB | Nano Banc | Prohibition from Banking: James T. Chung |
| Nov 1, 2024 Released Nov 12, 2024 | FRB | Allegiant United Holdings, LLC | Prohibition from Banking, Civil Money Penalty: Anthony R. Gressak III |
| Oct 29, 2024 | OCC | Midstates Bank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Lafrentz, Dean |
| Oct 28, 2024 | SEC_8K | First Northwest Bancorp | 8-K Item 8.01: consent order |
| Oct 25, 2024 | FDIC | (individual) | FDIC Makes Public September Enforcement Actions |
| Oct 24, 2024 | OCC | Wells Fargo Bank, N.A. | 1829 Prohibition Notification: Thompson, Ulyssia |
| Oct 23, 2024 | OCC | U.S. Bank N.A. | 1829 Prohibition Notification: White, Jeffrey |
| Oct 22, 2024 | OCC | Hiawatha National Bank | Formal Agreement: Hiawatha National Bank |
| Oct 22, 2024 | OCC | Citibank, N.A. | Prohibition/Removal Orders: Saw, Clarice |
| Oct 21, 2024 | OCC | The First National Bank of Bellville | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): The First National Bank of Bellville |
| Oct 21, 2024 Released Oct 24, 2024 | FRB | U & I Financial Corp. | Written Agreement: U & I Financial Corp., Lynnwood, Washington and UniBank, Lynnwood, Washington |
| Oct 21, 2024 | OCC | Bank of Brenham, National Association | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Bank of Brenham, National Association |
| Oct 21, 2024 | OCC | The First National Bank of Shiner | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): The First National Bank of Shiner |
| Oct 16, 2024 | OCC | The National Bank of Coxsackie | Formal Agreement: The National Bank of Coxsackie |
| Oct 11, 2024 | SEC_8K | Finward Bancorp | 8-K Item 8.01: consent order |
| Oct 9, 2024 | OCC | TD Bank USA, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): TD Bank USA, National Association |
| Oct 9, 2024 | OCC | TD Bank USA, N.A. | Civil Money Penalty (CMP): TD Bank USA, National Association |
| Oct 9, 2024 | OCC | TD Bank, N.A. | Civil Money Penalty (CMP): TD Bank, National Association |
| Oct 9, 2024 | OCC | TD Bank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): TD Bank, National Association |
| Oct 9, 2024 Released Oct 10, 2024 | FRB | The Toronto-Dominion Bank | Cease and Desist Order, Civil Money Penalty: Toronto-Dominion Bank, Toronto, Canada; TD Group U.S. … |
| Oct 8, 2024 | OCC | Clear Fork Bank N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Clear Fork Bank, National Association |
Browse adjacent years: 2023 · 2025
Or jump to a category: Failures · Mergers · Enforcement · Assistance