This Week in Bank History · Edition of November 12, 2026 · November 12–18
This Week in Bank History: November 12–18, 2026
45 of the 4,212 active FDIC-insured banks have an FDIC established date that falls between November 12 and 18, led by BayCoast Bank of Swansea, MA, established November 15, 1851 — 175 years ago this week.
The FDIC failures file lists 63 failed or assisted institutions with a closing date in this same calendar week across the years; the largest by assets was Orion Bank of Naples, FL, on November 13, 2009, with $2.6 billion in assets in its last FDIC report.
Also a milestone this week: GBC International Bank in Los Angeles, CA marks 50 years since its FDIC established date (November 15, 1976).
This week at a glance
| Active FDIC-insured banks established in this calendar week | 45 of 4,212 active banks · Institutions file dated November 6, 2026 |
|---|---|
| Bank failures that fell in this calendar week (1934–today) | 63 of 4,117 in the FDIC failures file dated August 25, 2026 |
| Bank mergers effective this calendar week (1934–2025) | 327 History file dated November 6, 2026 |
| Bank name changes effective this calendar week | 297 |
| Oldest active bank with an anniversary this week | BayCoast Bank, Swansea, MA — November 15, 1851 |
Banks founded this week in history
45 active FDIC-insured banks share an established date in this calendar week. These are the oldest, by the official FDIC established date (ESTYMD). A bank's own founding story can predate the date on its current FDIC record.
| Established | Bank | Headquarters | Anniversary |
|---|---|---|---|
| November 15, 1851 | BayCoast Bank | Swansea, MA | 175 years |
| November 12, 1866 | Peoples Trust Company of St. Albans | Saint Albans, VT | 160 years |
| November 16, 1868 | Franklin Savings Bank | Farmington, ME | 158 years |
| November 12, 1881 | The Stock Exchange Bank, Caldwell, Kansas | Caldwell, KS | 145 years |
| November 15, 1883 | Farmers and Merchants Bank of Ashland | Ashland, NE | 143 years |
| November 14, 1893 | Farmers and Merchants Bank of Mound City, Kansas | Mound City, KS | 133 years |
| November 15, 1894 | Savings Bank | Primghar, IA | 132 years |
| November 16, 1899 | Decatur County Bank | Decaturville, TN | 127 years |
Round-number anniversaries
- 175 years: BayCoast Bank of Swansea, MA (established November 15, 1851)
- 50 years: GBC International Bank of Los Angeles, CA (established November 15, 1976)
Largest banks with a birthday this week
- BMW Bank of North America of Salt Lake City, UT — established November 12, 1999; $13.80 billion in assets and 1 offices in FDIC BankFind
- Johnson Bank of Racine, WI — established November 12, 1970; $7.07 billion in assets and 32 offices in FDIC BankFind
- Community Trust Bank, Inc. of Pikeville, KY — established November 17, 1903; $6.95 billion in assets and 78 offices in FDIC BankFind
- Royal Business Bank of Los Angeles, CA — established November 18, 2008; $4.27 billion in assets and 25 offices in FDIC BankFind
- BayCoast Bank of Swansea, MA — established November 15, 1851; $2.86 billion in assets and 26 offices in FDIC BankFind
- Liberty Bank and Trust Company of New Orleans, LA — established November 16, 1972; $1.13 billion in assets and 17 offices in FDIC BankFind
Source: FDIC BankFind Institutions API (active institutions), file dated November 6, 2026; retrieved November 12, 2026. Assets are the latest quarterly figures in that file.
Mergers and name changes on these dates
The FDIC History file records 327 bank mergers and 297 name changes with an effective date in this calendar week between 1934 and 2025. Below are the ones involving today's largest banks.
Mergers
- November 16, 1985 (41 years ago): First Alabama Bank absorbed First Alabama Bank of Selma, N. A. of Selma, AL. The surviving charter is today's Regions Bank. FDIC: Merger -Without Assistance.
- November 16, 1991 (35 years ago): Branch Banking and Trust Company absorbed Albemarle Savings and Loan Association of Elizabeth City, NC. The surviving charter is today's Truist Bank. FDIC: Merger -Without Assistance.
- November 12, 1999 (27 years ago): Firstar Bank, National Association absorbed Firstar Metropolitan Bank & Trust of Phoenix, AZ. The surviving charter is today's U.S. Bank National Association. FDIC: Merger -Without Assistance.
- November 16, 2001 (25 years ago): First Tennessee Bank, National Association absorbed Peoples Bank of Senatobia, MS. The surviving charter is today's First Horizon Bank. FDIC: Merger -Without Assistance.
- November 12, 2004 (22 years ago): KeyBank National Association absorbed EverTrust Bank of Everett, WA. See KeyBank National Association today. FDIC: Merger -Without Assistance.
- November 13, 2004 (22 years ago): JPMorgan Chase Bank, National Association absorbed Bank One, National Association of Columbus, OH. See JPMorgan Chase Bank, National Association today. FDIC: Merger -Without Assistance.
Name changes
- November 12, 1996 (30 years ago): First Alabama Bank became Regions Bank (Birmingham, AL). Regions Bank today.
- November 15, 2001 (25 years ago): McIlroy Bank & Trust became Arvest Bank (Fayetteville, AR). Arvest Bank today.
- November 13, 2004 (22 years ago): JPMorgan Chase Bank became JPMorgan Chase Bank, National Association (Columbus, OH). JPMorgan Chase Bank, National Association today.
- November 15, 2007 (19 years ago): Charles Schwab Bank, National Association became Charles Schwab Bank (Reno, NV). Today it is Charles Schwab Bank, SSB.
- November 14, 2019 (7 years ago): Fifth Third Bank became Fifth Third Bank, National Association (Cincinnati, OH). Fifth Third Bank, National Association today.
- November 15, 2022 (4 years ago): Towne Bank became TowneBank (Portsmouth, VA). TowneBank today.
Source: FDIC BankFind History API, institution-level events (change codes 221–223 mergers, 510 name changes), file dated November 6, 2026; retrieved November 12, 2026. Ranked by the surviving bank's current assets in the FDIC Institutions file. Names are as recorded by the FDIC.
Bank failures this week in history
The FDIC's failures file lists 63 failed or FDIC-assisted institutions whose closing date fell in this calendar week, out of 4,117 since 1934. The earliest is The State Bank of Sauk City, WI (November 16, 1934); the most recent is Hometown Communitybank of Braselton, GA (November 16, 2012). Historical failures are not a measure of the safety of today's banks, and no depositor has lost FDIC-insured funds since the FDIC began in 1934.
| Closed | Institution | Assets | Deposits | Resolution (FDIC record) |
|---|---|---|---|---|
| November 13, 2009 | Orion Bank Naples, FL | $2.61 billion | $2.17 billion | Acquired by Iberiabank, LA purchase and assumption (insured and uninsured deposits assumed) Estimated loss to the insurance fund: $713.1 million |
| November 16, 1989 | Sooner Federal Savings Assoc. Tulsa, OK | $1.53 billion | $1.15 billion | Acquired by First Gibraltar Bank, FSB, TX purchase and assumption (insured and uninsured deposits assumed) Estimated loss to the insurance fund: $152.8 million |
| November 14, 1991 | Connecticut Savings Bank New Haven, CT | $1.04 billion | $897.7 million | Acquired by Centerbank, CT purchase and assumption (insured and uninsured deposits assumed) Estimated loss to the insurance fund: $203.5 million |
| November 13, 2009 | Century Bank, A Federal Savings Bank Sarasota, FL | $755.9 million | $659.7 million | Acquired by Iberiabank, LA purchase and assumption (insured and uninsured deposits assumed) Estimated loss to the insurance fund: $306.9 million |
| November 12, 2010 | Darby Bank & Trust Company Vidalia, GA | $654.7 million | $587.6 million | Acquired by Ameris Bank, GA purchase and assumption (insured and uninsured deposits assumed) Estimated loss to the insurance fund: $125.9 million |
| November 13, 1992 | First New York Bank For Business New York, NY | $530.7 million | $498.9 million | Acquired by Merchants Bank Of New Yo, NY purchase and assumption of insured deposits Estimated loss to the insurance fund: $164.6 million |
Largest by total assets in the last report filed before closing. Amounts are from the FDIC record, in nominal dollars (not adjusted for inflation). Estimated loss is the FDIC's figure; it is not available for most failures before 1986.
Source: FDIC BankFind Failures API, file dated August 25, 2026; retrieved November 12, 2026.
Frequently asked questions
Which banks were founded during November 12–18?
45 active FDIC-insured banks have an FDIC established date between November 12 and 18 in an earlier year (FDIC BankFind institutions file dated November 6, 2026). The oldest is BayCoast Bank of Swansea, MA, established November 15, 1851 (FDIC Certificate #90196). A bank's own founding story can predate the established date on its current FDIC record; we report the official FDIC date.
What was the largest bank failure during November 12–18?
By total assets in its last report before closing, the largest was Orion Bank of Naples, FL, which closed on November 13, 2009 with $2.6 billion in assets and $2.2 billion in deposits, according to the FDIC failures file dated August 25, 2026. The FDIC record lists Iberiabank as the acquiring institution. Failures are historical events and say nothing about the safety of today's banks.
Where does this bank history data come from?
Every item comes from the FDIC's public BankFind Suite API: the Institutions file (established dates), the Failures file (failed and assisted institutions since 1934), and the History file (mergers, name changes, and other structure changes). Each source below lists the endpoint, the FDIC file date, and the date we retrieved it.
Are deposits at a failed bank lost?
No insured depositor has lost a penny of FDIC-insured funds since the FDIC began in 1934. Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category. Source: FDIC.
Sources
- FDIC BankFind Institutions API — active FDIC-insured institutions and established dates (ESTYMD). FDIC file dated November 6, 2026; retrieved November 12, 2026. https://api.fdic.gov/banks/institutions?filters=ACTIVE:1&fields=NAME,CERT,CITY,STALP,ESTYMD,ASSET,DEP,OFFICES&…
- FDIC BankFind Failures API — failed and assisted institutions since 1934 (FAILDATE, QBFASSET, QBFDEP, COST, BIDNAME). FDIC file dated August 25, 2026; retrieved November 12, 2026. https://api.fdic.gov/banks/failures?fields=NAME,CERT,CITYST,FAILDATE,FAILYR,QBFASSET,QBFDEP,COST,RESTYPE,RESTY…
- FDIC BankFind History API — institution events (mergers 221/222/223, name changes 510, new institutions 110) effective November 12–18 in each year 1934–2025. FDIC file dated November 6, 2026; retrieved November 12, 2026. https://api.fdic.gov/banks/history?filters=ORG_ROLE_CDE:FI AND (CHANGECODE:223 OR CHANGECODE:221 OR CHANGECODE…
- FDIC BankFind Institutions API — current name, status and assets for each institution named in the events above. FDIC file dated November 6, 2026; retrieved November 12, 2026. https://api.fdic.gov/banks/institutions?filters=CERT:(…)&fields=NAME,CERT,CITY,STALP,ACTIVE,ASSET
- FDIC BankFind Suite API documentation (field definitions for ESTYMD, FAILDATE, COST, CHANGECODE); retrieved November 12, 2026. https://api.fdic.gov/banks/docs/
Figures retrieved November 12, 2026 from the FDIC files dated above. BankNearMe.com is independent and is not affiliated with or endorsed by any bank, the FDIC, or any government agency. This is an editorial history feature built only from official FDIC records, not financial advice. Confirm details on FDIC BankFind. See the full series, this week's Banks on the Move digest, or the State Banking Snapshot.