40 failures since 1934 · $214 million estimated loss
Bank failures in Kentucky
Kentucky has 40 bank failures on FDIC record since 1934, 1.1% of the national total and the 25th-highest count of any state or territory. The worst year was 1937, with 5. Since 2000 there have been 3; the most recent was Louisa Community Bank on October 25, 2019. The largest by assets was Irwin Union Bank, F.S.B. of Louisville, with $518 million, in 2009.
| Closed | Bank | Location | Total assets | Est. loss |
|---|---|---|---|---|
| October 25, 2019 | Louisa Community Bank | Louisa, KY | $28.2 million | $4.3 million |
| April 19, 2013 | First Federal Bank | Lexington, KY | $93.0 million | $7.8 million |
| September 18, 2009 | Irwin Union Bank, F.S.B. | Louisville, KY | $518 million | $114 million |
| Closed | Bank | Location | Total assets | Est. loss |
|---|---|---|---|---|
| August 30, 1991 | United Federal Savings Bank | Prestonsburg, KY | $39.9 million | none |
| August 30, 1991 | Future Federal Savings Bank | Louisville, KY | $422 million | $29.1 million |
| April 19, 1990 | Corinth Deposit National Bank | Corinth, KY | $8.7 million | $402 thousand |
| February 2, 1990 | Henderson Home Federal Savings and Loan Association | Henderson, KY | $50.4 million | $2.2 million |
| June 3, 1988 | Larue Federal Savings and Loan Association | Hodgenville, KY | $12.0 million | $4.0 million |
| March 11, 1988 | First Federal Savings and Loan Association | Paducah, KY | $131 million | $31.8 million |
| December 3, 1987 | Peoples Bank | Olive Hill, KY | $40.9 million | $7.6 million |
| June 26, 1986 | Union Deposit Bank | Union, KY | $5.8 million | $1.3 million |
| June 26, 1986 | Continental National Bank of Kentucky | Louisville, KY | $10.1 million | $405 thousand |
| April 19, 1984 | Gamaliel Bank | Gamaliel, KY | $22.8 million | $4.7 million |
| April 15, 1983 | Sparta-Sanders State Bank | Sparta, KY | $19.0 million | $6.6 million |
| June 25, 1976 | Mt. Zion Deposit Bank | Mt. Zion, KY | $507 thousand | not estimated |
| October 8, 1970 | Berea Bank and Trust Company | Berea, KY | $5.9 million | not estimated |
| June 25, 1970 | Farmers Bank of Petersburg | Petersburg, KY | $1.1 million | not estimated |
| October 1, 1954 | Bank of Whitesville | Whitesville, KY | $1.0 million | not estimated |
| January 31, 1942 | The Louisa National Bank | Louisa, KY | not reported | not estimated |
| April 19, 1940 | Bank of Moreland | Moreland, KY | $142 thousand | not estimated |
| March 23, 1940 | Farmers Bank | Dry Ridge, KY | $363 thousand | not estimated |
| November 25, 1939 | Commercial Bank of Liberty | Liberty, KY | $548 thousand | not estimated |
| September 1, 1939 | Providence Citizens Bank | Providence, KY | $306 thousand | not estimated |
| March 4, 1939 | The Bank of Rocky Hill | Rocky Hill, KY | $163 thousand | not estimated |
| February 21, 1939 | Peoples State Bank | Frankfort, KY | not reported | not estimated |
| December 21, 1938 | Farmers State Bank of London | London, KY | $355 thousand | not estimated |
| October 11, 1938 | Bank of Lockport | Lockport, KY | $68 thousand | not estimated |
| July 11, 1938 | Bank of Milburn | Milburn, KY | $79 thousand | not estimated |
| June 22, 1938 | Central Savings Bank | Newport, KY | not reported | not estimated |
| January 11, 1938 | Worthville Deposit Bank | Worthville, KY | $141 thousand | not estimated |
| October 30, 1937 | Carter County Commercial Bank | Olive Hill, KY | $139 thousand | not estimated |
| October 29, 1937 | First State Bank | Barbourville, KY | $425 thousand | not estimated |
| July 3, 1937 | Bank of Sturgis | Sturgis, KY | $246 thousand | not estimated |
| June 30, 1937 | The Taylor National Bank of Campbellsville | Campbellsville, KY | $1.7 million | not estimated |
| June 26, 1937 | Ghent Deposit Bank | Ghent, KY | $223 thousand | not estimated |
| July 3, 1936 | Walton Equitable Bank | Walton, KY | not reported | not estimated |
| April 18, 1936 | Hardin Bank | Hardin, KY | $72 thousand | not estimated |
| March 2, 1936 | Peoples Bank | Franklinton, KY | $93 thousand | not estimated |
| December 16, 1935 | The Farmers Bank | West Louisville, KY | $55 thousand | not estimated |
| August 6, 1934 | Bank of Lewisport | Lewisport, KY | $81 thousand | not estimated |