How many banks failed in the past 10 years?

Since the 2008 financial crisis, U.S. bank failures have become relatively rare — but they haven’t disappeared.

The Federal Deposit Insurance Corporation (FDIC) maintains a detailed record of every bank that has closed its doors. The following is a look at bank failures from 2015 through 2025, offering a snapshot of how stability within the banking industry has evolved over the past decade.

A bank failure occurs when a bank is closed by a federal or state regulatory agency because it can no longer meet its financial obligations to depositors, creditors, and other stakeholders.

This can happen for a number of reasons, including mismanagement, poor financial decisions by those in charge, economic downturns, or a bank run (when a high volume of depositors withdraw their funds at the same time and create an imbalance between the bank’s assets and liabilities).

When a bank fails, the FDIC steps in to protect depositors. The FDIC insures funds in deposit accounts up to $250,000 per account holder, per institution, per ownership category.

When an FDIC-insured bank fails, there will be one of two outcomes:

• The bank’s assets will be transferred to a new FDIC-insured bank.

• The failed bank isn’t acquired by another bank, and the FDIC issues each depositor a payment equal to the insured amount held at the failed bank.

If a financial institution isn’t covered by the FDIC, customers become unsecured creditors in the bank’s liquidation process, meaning they may recover only a portion of their funds (or none at all), depending on what’s left after the bank’s assets are sold to repay debts. This situation is rare, however.

Ultimately, there isn’t anything you can do to prevent a bank failure. But you can ensure your money is protected — just in case — by choosing an FDIC-insured bank with solid financials. You can verify whether a bank is insured using the FDIC’s BankFind tool.

Read more: Can credit unions fail?

According to the FDIC, there were 570 bank failures from 2001 through 2025. Nearly 400 of those failures occurred between 2009 and 2011, following the financial crisis.

Since then, bank failures have become much less common. In fact, there were no bank failures at all in 2018 or 2021-2022. However, in 2023, we did witness the second- and third-largest bank failures in U.S. history: First Republic Bank and Silicon Valley Bank.

Here’s a look at which banks failed over the past decade, their closing dates, and which financial institutions acquired them.

• The Santa Anna National Bank (June 27, 2025); acquired by Coleman County State Bank

• Pulaski Savings Bank (Jan. 17, 2025); acquired by Millennium Bank

• The First National Bank of Lindsay (Oct. 18, 2024); acquired by First Bank & Trust Co.

• Republic Bank (April 26, 2024); acquired by Fulton Bank, National Association

• Citizens Bank (Nov. 3, 2023); acquired by Iowa Trust & Savings Bank

• Heartland Tri-State Bank (July 28, 2023); acquired by Dream First Bank, N.A.

• First Republic Bank (May 1, 2023); acquired by JPMorgan Chase Bank, N.A.

• Signature Bank (March 12, 2023); acquired by Flagstar Bank, N.A.

• Silicon Valley Bank (March 10, 2023); acquired by First Citizens Bank & Trust Company

• Almena State Bank (Oct. 23, 2020); acquired by Equity Bank

• First City Bank of Florida (Oct. 16, 2020); acquired by United Fidelity Bank, FSB

• The First State Bank (April 3, 2020); acquired by MVB Bank, Inc.

• Ericson State Bank (Feb. 14, 2020); acquired by Farmers and Merchants Bank

• City National Bank of New Jersey (Nov. 1, 2019); acquired by Industrial Bank

• Resolute Bank (Oct. 25, 2019); acquired by Buckeye State Bank

• Louisa Community Bank (Oct. 25, 2019); acquired by Kentucky Farmers Bank Corporation

• The Enloe State Bank (May 31, 2019); acquired by Legend Bank, N.A.

• Washington Federal Bank for Savings (Dec. 15, 2017); acquired by Royal Savings Bank

• The Farmers and Merchants State Bank of Argonia (Oct. 13, 2017); acquired by Conway Bank

• Fayette County Bank (May 26, 2017); acquired by United Fidelity Bank, FSB

• BestBank in Georgia & Michigan (May 5, 2017); acquired by First-Citizens Bank & Trust Company

• First NBC Bank (April 28, 2017); acquired by Whitney Bank

• Proficio Bank (March 3, 2017); acquired by Cache Valley Bank

• Seaway Bank & Trust Company (Jan. 27, 2017); acquired by State Bank of Texas

• Harvest Community Bank (Jan. 13, 2017); acquired by First-Citizens Bank & Trust Company

• Allied Bank (Sept. 23, 2016); acquired by Today’s Bank

• The Woodbury Banking Company (Aug. 19, 2016); acquired by United Bank

• First CornerStone Bank (May 6, 2016); acquired by First-Citizens Bank & Trust Company

• Trust Company Bank (April 29, 2016); acquired by The Bank of Fayette County

• North Milwaukee State Bank (March 11, 2016); acquired by First-Citizens Bank & Trust Company

• Hometown National Bank (Oct. 2, 2015); acquired by Twin City Bank

• The Bank of Georgia (Oct. 2, 2015); acquired by Fidelity Bank

• Premier Bank (July 10, 2015); acquired by United Fidelity Bank, fsb

• Edgebrook Bank (May 8, 2015); acquired by Republic Bank of Chicago

• Doral Bank (Feb. 27, 2015); acquired by Banco Popular de Puerto Rico

• Capitol City Bank and Trust Company (Feb. 13, 2015); acquired by First-Citizens Bank & Trust Company

• Highland Community Bank (Jan. 23, 2015); acquired by United Fidelity Bank, FSB

• First National Bank of Crestview (Jan. 16, 2015); acquired by First NBC Bank