15 failures since 1934 · $639 million estimated loss
Bank failures in West Virginia
West Virginia has 15 bank failures on FDIC record since 1934, 0.4% of the national total and the 42nd-highest count of any state or territory. The worst year was 1990, with 2. Since 2000 there have been 2; the most recent was The First State Bank on April 3, 2020. The largest by assets was The First National Bank of Keystone of Keystone, with $1.1 billion, in 1999.
| Closed | Bank | Location | Total assets | Est. loss |
|---|---|---|---|---|
| April 3, 2020 | The First State Bank | Barboursville, WV | $152 million | $43.7 million |
| September 19, 2008 | Ameribank | Northfork, WV | $104 million | $38.3 million |
| Closed | Bank | Location | Total assets | Est. loss |
|---|---|---|---|---|
| September 1, 1999 | The First National Bank of Keystone | Keystone, WV | $1.1 billion | $532 million |
| May 8, 1992 | Shenandoah Federal Savings Bank | Martinsburg, WV | $94.2 million | $5.1 million |
| September 13, 1991 | Evergreen Federal Savings Bank | Charleston, WV | $40.3 million | $3.6 million |
| April 5, 1991 | The Blueville Bank of Grafton | Grafton, WV | $48.1 million | $3.8 million |
| February 23, 1990 | First Federal Savings and Loan Association | Bluefield, WV | $39.3 million | $2.6 million |
| February 23, 1990 | First Standard Savings FA | Fairmont, WV | $77.6 million | $4 thousand |
| May 12, 1989 | Lewis County Savings and Loan Company | Weston, WV | $4.0 million | $405 thousand |
| February 3, 1984 | The Tucker County Bank | Parsons, WV | $15.4 million | $2.6 million |
| November 5, 1982 | The First National Bank of South Charleston | South Charleston, WV | $28.6 million | $4.6 million |
| September 12, 1980 | The Metro Bank of Huntington, Inc. | Huntington, WV | $27.0 million | $2.3 million |
| March 7, 1939 | The Point Pleasant National Bank | Point Pleasant, WV | $461 thousand | not estimated |
| November 1, 1938 | Kermit State Bank | Kermit, WV | $120 thousand | not estimated |
| August 31, 1937 | Farmers Bank & Trust Company | Charles Town, WV | $1.3 million | not estimated |