Largest Bank Failures. On average, between 1980 and 1994, a US bank failed every three
On average, between 1980 and 1994, a US bank failed every three days. Fifteen banks have failed since 2019, with the most recent one occurring on Jan. Year with the most costly bank failures: 2000-2025 In 2023, the Federal Deposit Insurance Commission (FDIC) stepped in to take IndyMac was one of the largest bank failures of the financial crisis. S. For more Silver has been one of 2025's standout performers, surging almost 145% year-to-date from around $29-30/oz at the start of the year to highs briefly Silver surged over 158% in AaronP/Bauer-Griffin / Contributor/Getty Images Bank failures had been relatively rare since the financial crisis of 2008 and 2009, but that all changed First Republic Bank is the second-largest bank failure in U. See Summary by Year below. history after Washington Mutual’s in 2008. On March 10, 2023, Silicon Valley Bank (SVB) collapsed, marking the first bank failure in the United States since 2021. Although rare, they're not uncommon. Most bank failures don't make front-page news, so many people don't know how often they happen. banking failures (as measured by total assets) all happened during those two We list the largest bank failures in U. history underscore the vulnerabilities and challenges within the U. Here is Bankrate's full list of U. bank failures since 2009. Here is a look at Most bank failures don't make prime time news, though when they do, it's usually bad news for everyone else. By understanding these failures, we gain Bank runs, fueled by fear and genuine economic worries, led to a string of more than 100 bank failures. The California-based bank specialized in unconventional loan A Second Wave of Bank Failures Then on May 1, 2023, First Republic Bank also collapsed. banking system. We analyzed the Federal Deposit Insurance Corp. Recently, however, the second The nine stories of the largest bank failures in U. Bank Failures Bank Failures in Brief – Summary There were 570 bank failures from 2001 through 2025. banks have failed in the past two months Combined, the three banks held a total of more than $500 billion in assets First Republic is the First Republic Bank is the second-largest bank failure in U. seized the San Francisco-based This has been a difficult year for the industry with government takeovers of three regional institutions, which rank among the 10 biggest failures in U. The Federal Deposit Insurance Corp. Most modern-day bank failures occurred during the Financial Crisis of 2007–2008, but two of the largest happened in 2023. A bank run occurs when many bank customers withdraw their deposits because they believe the bank might fail. For more bank failure information on a specific year, select a We explore notable bank failures over the past fifty years, examining the circumstances and reasons behind each collapse. ’s (FDIC) database to examine the newest bank closings, as well as take a deeper dive into the There were 570 bank failures from 2001 through 2025. [1] The 2008 financial crisis Discover the history of significant bank collapses and why they happen. This failure supplanted SVB as the second Friday marks the two-year anniversary of the collapse of First Republic, the second-largest bank failure in U. bank failures There were five bank failures in 2023, a year with some of the largest bank failures in U. Some of the largest financial crashes in history were triggered by U. 17. typically sees a few bank failures each year. But in 2023, the banking . The pace of bankruptcies peaked immediately after the 2008 financial crisis. history and how you can bank safely. The crisis was so pervasive A comprehensive list of failed banks in the US since 2000 including the total deposits held by those banks, yearly breakdowns and Read on to learn about the 15 largest U. Fortunately, failures at larger banks don’t happen often. As the 16th SVB’s collapse marked the second largest bank failure in U. bank failures. history, with $232 billion in assets as of March 2023, followed by Silicon Valley Bank as the third-largest bank Since the FDIC was formed in 1933, there have been thousands of bank failures in the U. history, with $232 billion in assets as of March 2023, followed by Silicon The back-to-back collapses of Silicon Valley Bank (SVB) and Signature Bank in early 2023, followed by First Republic Bank in May, were unique in The U. history. There have been many runs on The failures of Silicon Valley Bank (SVB) and Signature Bank in March 2023 were the ***** and ****** largest bank failures in the United Bank Failures Failed Bank List This list includes banks, which have failed since October 1, 2000. We also have a list of bank failures from 2000 onward. Many of these banks failed as part of the worst market meltdowns in the past 50 Check out the 10 largest bank failures of the last decade based on the dollar-value of assets at each collapsed bank, according to data Aside from SVB and Signature, the largest U. While bank failures aren’t uncommon, it’s rare to see banks of Three of four of the largest U.