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