38 failures since 1934 · $2.3 billion estimated loss
Bank failures in Ohio
Ohio has 38 bank failures on FDIC record since 1934, 1.1% of the national total and the 27th-highest count of any state or territory. The worst year was 1991, with 8. Since 2000 there have been 9; the most recent was Resolute Bank on October 25, 2019. The largest by assets was AmTrust Bank of Cleveland, with $11.4 billion, in 2009.
| Closed | Bank | Location | Total assets | Est. loss |
|---|---|---|---|---|
| October 25, 2019 | Resolute Bank | Maumee, OH | $23.3 million | $1.6 million |
| May 23, 2014 | Columbia Savings Bank | Cincinnati, OH | $36.5 million | $7.2 million |
| September 17, 2010 | Bramble Savings Bank | Milford, OH | $47.5 million | $17.9 million |
| March 19, 2010 | American National Bank | Parma, OH | $70.3 million | $15.0 million |
| December 4, 2009 | AmTrust Bank | Cleveland, OH | $11.4 billion | $1.7 billion |
| July 31, 2009 | Peoples Community Bank | West Chester, OH | $606 million | $61.5 million |
| October 4, 2007 | Miami Valley Bank | Lakeview, OH | $125 million | $28.4 million |
| February 1, 2002 | Oakwood Deposit Bank Co. | Oakwood, OH | $72.3 million | $63.6 million |
| May 3, 2001 | Malta National Bank | Malta, OH | $9.1 million | $769 thousand |
| Closed | Bank | Location | Total assets | Est. loss |
|---|---|---|---|---|
| November 20, 1992 | Crestline Building and Loan Association | Crestline, OH | $27.5 million | $6.9 million |
| July 10, 1992 | Transohio Savings Bank | Cleveland, OH | $3.4 billion | $52.1 million |
| March 13, 1992 | 1ST Ohio Savings Bank, FSB | St. Bernard, OH | $40.8 million | none |
| September 6, 1991 | United Home Federal | Toledo, OH | $443 million | $9.7 million |
| August 23, 1991 | First Federal Savings and Loan Association | Mt. Vernon, OH | $73.1 million | $4 thousand |
| August 23, 1991 | Merchants and Mechanics Federal Savings Bank | Springfield, OH | $210 million | $22.6 million |
| May 3, 1991 | Liberty Savings Bank | Marietta, OH | $17.8 million | $3.3 million |
| April 5, 1991 | Columbia Federal Savings and Loan Association | Hamilton, OH | $61.3 million | $1.2 million |
| March 15, 1991 | Arcanum Federal Savings and Loan Association | Arcanum, OH | $45.4 million | $2.9 million |
| February 22, 1991 | The McKinley Bank | Niles, OH | $70.6 million | none |
| February 1, 1991 | First Federal Savings and Loan Association | Toledo, OH | $1.0 billion | $38.4 million |
| December 15, 1990 | Mid-America Federal Savings and Loan Association | Columbus, OH | $1.2 billion | $71 thousand |
| October 23, 1990 | Superior Savings Association | Cleveland, OH | $95.9 million | $20.6 million |
| June 29, 1990 | Pioneer Savings and Loan Company | Marietta, OH | $9.5 million | $1.0 million |
| April 20, 1990 | First Savings and Loan Company | Massilon, OH | $168 million | $14.4 million |
| March 9, 1990 | First Bank National Association | Cleveland, OH | $33.1 million | $2.2 million |
| February 16, 1990 | Freedom Federal Savings and Loan Association | Columbus, OH | $360 million | $42.7 million |
| June 8, 1989 | Civic Savings Bank | Portsmouth, OH | $98.7 million | $12.9 million |
| March 30, 1989 | Midland-Buckeye Federal Savings and Loan Association | Alliance, OH | $219 million | $24.9 million |
| March 30, 1989 | Broadview Savings Bank | Cleveland, OH | $1.8 billion | $94.7 million |
| April 22, 1988 | Unity Bank | Dayton, OH | $7.1 million | $1.9 million |
| June 12, 1987 | Hamilton County State Bank | Lockland, OH | $13.8 million | none |
| July 25, 1986 | Major Federal Savings and Loan Association | Cincinnati, OH | $25.0 million | $8.8 million |
| October 28, 1983 | Cleveland Community Savings Company | Cleveland, OH | $21.0 million | $15.9 million |
| February 19, 1975 | Northern Ohio Bank | Cleveland, OH | $104 million | not estimated |
| May 26, 1958 | The Rushville Banking Company | Rushville, OH | $4.5 million | not estimated |
| June 11, 1949 | The Citizens Banking Company | Weston, OH | $740 thousand | not estimated |
| October 27, 1936 | The Union Bank | Uhrichsville, OH | $1.9 million | not estimated |
| July 24, 1935 | The Farmers National Bank of Sardinia | Sardinia, OH | $308 thousand | not estimated |