FDIC: Bank Failures in Brief (2024)

For more bank failure information on a specific year, select a date from the drop down menu to the right or select a year within the graph.

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Summary by Year

(Approximate asset dollar volume based on figures from the press releases)

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Years

Bank Failures

Total Assets (Millions)

2024 0$0
2023 5$548,705.0
2022 0$0
2021 0$0
2020 4$458.0
2019 4$214.1
2018 0$0
2017 8$6,530.7
2016 5$278.8
2015 8$6,727.5
2014 18$3,088.4
2013 24$6,101.7
2012 51$12,055.8
2011 92$36,012.2
2010 157$96,514.0
2009 140$170,909.4
2008 25$373,588.8
2007 3$2,602.5
2006 0$0
2005 0$0
2004 4$163.1
2003 3$1,045.2
2002 11$2,705.4
2001 4$2,358.6
FDIC: Bank Failures in Brief (2024)

FAQs

What is FDIC failed bank list? ›

FDIC Problem Bank List is a confidential list, published by the Federal Deposit Insurance Corporation (FDIC) every quarter, of U.S. banks and thrifts that are on the brink of financial insolvency. Only institutions that are insured by the FDIC through the Deposit Insurance Fund are on the FDIC Problem Bank List.

How does the FDIC respond when banks fail? ›

Historically, the FDIC pays insurance within a few days after a bank closing, usually the next business day, by either (1) providing each depositor with a new account at another insured bank in an amount equal to the insured balance of their account at the failed bank, or (2) by issuing a payment to each depositor for ...

What banks will fail in 2024? ›

2024 in Brief

There are no bank failures in 2024. See detailed descriptions below.

What is the main cause of bank failures? ›

The most common cause of bank failure is when the value of the bank's assets falls below the market value of the bank's liabilities, which are the bank's obligations to creditors and depositors. This might happen because the bank loses too much on its investments.

Who is the number 1 bank in America? ›

JPMorgan Chase, or Chase Bank, is the biggest bank in America with nearly $3.4 trillion in assets. It boasts a vast network of over 4,800 physical branches and more than 15,000 ATMs. With generous bonuses and promotions and a variety of products, Chase is a popular choice for consumers across the country.

How many FDIC banks have failed? ›

There were 566 bank failures from 2001 through 2024. See Summary by Year below.

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