Data / Bank failures / Kentucky
Bank failures in Kentucky: 40 banks since 1934
40 banks in Kentucky failed between 1934 and 2019, holding $1.42 billion in assets and $1.36 billion in deposits. The FDIC estimates the cost to its insurance fund at $214.2 million. The FDIC also assisted 7 open banks without closing them. The largest: Irwin Union Bank, FSB ($518.2 million), Future Federal Savings Bank ($422.3 million), First FS&LA of Paducah ($130.9 million). By decade: 1930s 19, 1940s 3, 1950s 1, 1970s 3, 1980s 14, 1990s 4, 2000s 1, 2010s 2.
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| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Louisa Community Bank | Louisa | October 25, 2019 | $28.2 million | $25.2 million | $4.3 million | Kentucky Farmers Bank Corporation |
| First Federal Bank | Lexington | April 19, 2013 | $93 million | $87.2 million | $7.8 million | Your Community Bank |
| Irwin Union Bank, FSB | Louisville | September 18, 2009 | $518.2 million | $462.6 million | $114 million | First Financial Bank, N.A. |
| United FSB | Prestonsburg | August 30, 1991 | $39.9 million | $39.3 million | Pikeville NB&TC | |
| Future Federal Savings Bank | Louisville | August 30, 1991 | $422.3 million | $408.9 million | $29.1 million | Citizens Fidelity B&T |
| Corinth Deposit National Bank | Corinth | April 19, 1990 | $8.7 million | $8.7 million | $401,514 | The National Bank of Corint |
| Henderson Home S & La | Henderson | February 2, 1990 | $50.4 million | $49.8 million | $2.2 million | Farmers B&TC |
| First FS&LA of Mayfield (assistance) | Mayfield | October 12, 1988 | $51.5 million | $72.8 million | $22.1 million | Republic Savings Bank FSB |
| Larue FS&LA | Hodgenville | June 3, 1988 | $12 million | $16.2 million | $4 million | |
| Morehead National Bank (assistance) | Morehead | March 15, 1988 | $7.6 million | $7.9 million | $974,179 | Morehead National Bank |
| First FS&LA of Paducah | Paducah | March 11, 1988 | $130.9 million | $149.1 million | $31.8 million | |
| The Peoples Bank | Olive Hill | December 3, 1987 | $40.9 million | $39.5 million | $7.6 million | Commercial Bank of Grays |
| Lincoln FS&LA (assistance) | Louisville | December 31, 1986 | $460.8 million | $478.3 million | $93 million | First Nationwide SVG FS&LA |
| Continental National Bank of Kentucky | Louisville | June 26, 1986 | $10.1 million | $10.2 million | $405,098 | River City Bank Inc |
| Union Deposit Bank | Union | June 26, 1986 | $5.8 million | $5 million | $1.3 million | Central Trust Co |
| Home FS&LA (assistance) | Paducah | December 2, 1985 | $106.7 million | $106.1 million | $21.2 million | Republic Savings, FSB |
| Gamaliel Bank | Gamaliel | April 19, 1984 | $22.8 million | $21.5 million | $4.7 million | Deposit Bank of Monroe C |
| Sparta-Sanders State Bank | Sparta | April 15, 1983 | $19 million | $18.5 million | $6.6 million | |
| Security FS&LA (assistance) | Mayfield | December 20, 1982 | $45.9 million | $42 million | $1.2 million | Lincoln FS&LA |
| First Home FS&LA (assistance) | Owensboro | December 20, 1982 | $83.6 million | $65.3 million | $3.2 million | Lincoln FS&LA |
| South East FS&LA (assistance) | Louisville | December 20, 1982 | $132.1 million | $111.8 million | $3.6 million | Lincoln FS&LA |
| MT. Zion Deposit Bank | MT. Zion | June 25, 1976 | $507,000 | $555,000 | ||
| Berea Bank and Trust Company | Berea | October 8, 1970 | $5.9 million | $5.4 million | ||
| Farmers Bank of Petersburg | Petersburg | June 25, 1970 | $1.1 million | $1.3 million | ||
| Bank of Whitesville | Whitesville | October 1, 1954 | $1 million | $930,000 | ||
| The Louisa National Bank | Louisa | January 31, 1942 | $477,000 | |||
| Bank of Moreland | Moreland | April 19, 1940 | $142,000 | $124,000 | ||
| Farmers Bank | Dry Ridge | March 23, 1940 | $363,000 | $286,000 | ||
| Commercial Bank of Liberty | Liberty | November 25, 1939 | $548,000 | $502,000 | ||
| Providence Citizens Bank | Providence | September 1, 1939 | $306,000 | $251,000 | ||
| The Bank of Rocky Hill | Rocky Hill | March 4, 1939 | $163,000 | $154,000 | ||
| Peoples State Bank | Frankfort | February 21, 1939 | $1.9 million | |||
| Farmers State Bank of London | London | December 21, 1938 | $355,000 | $287,000 | ||
| Bank of Lockport | Lockport | October 11, 1938 | $68,000 | $51,000 | ||
| Bank of Milburn | Milburn | July 11, 1938 | $79,000 | $62,000 | ||
| Central Savings Bank | Newport | June 22, 1938 | $1.4 million | |||
| Worthville Deposit Bank | Worthville | January 11, 1938 | $141,000 | $116,000 | ||
| Carter County Commercial Bank | Olive Hill | October 30, 1937 | $139,000 | $109,000 | ||
| First State Bank | Barbourville | October 29, 1937 | $425,000 | $391,000 | ||
| Bank of Sturgis | Sturgis | July 3, 1937 | $246,000 | $213,000 | ||
| The Taylor National Bank of Campbellsville | Campbellsville | June 30, 1937 | $1.7 million | $914,000 | ||
| Ghent Deposit Bank | Ghent | June 26, 1937 | $223,000 | $189,000 | ||
| Walton Equitable Bank | Walton | July 3, 1936 | $235,000 | |||
| Hardin Bank | Hardin | April 18, 1936 | $72,000 | $53,000 | ||
| Peoples Bank | Franklinton | March 2, 1936 | $93,000 | $75,000 | ||
| The Farmers Bank | West Louisville | December 16, 1935 | $55,000 | $37,000 | ||
| Bank of Lewisport | Lewisport | August 6, 1934 | $81,000 | $68,000 |
Other states
- Alabama 39
- Alaska 13
- Arizona 44
- Arkansas 45
- California 265
- Colorado 103
- Connecticut 48
- Delaware 4
- District of Columbia 8
- Florida 199
- Georgia 135
- Guam 1
- Hawaii 6
- Idaho 8
- Illinois 229
- Indiana 52
- Iowa 83
- Kansas 124
- Louisiana 167
- Maine 6
- Maryland 36
- Massachusetts 59
- Michigan 46
- Minnesota 81
- Mississippi 38
- Missouri 136
- Montana 19
- Nebraska 54
- Nevada 17
- New Hampshire 20
- New Jersey 112
- New Mexico 32
- New York 104
- North Carolina 30
- North Dakota 43
- Ohio 61
- Oklahoma 183
- Oregon 38
- Pennsylvania 73
- Puerto Rico 17
- Rhode Island 7
- South Carolina 23
- South Dakota 44
- Tennessee 80
- Texas 911
- U.S. Virgin Islands 1
- Utah 30
- Vermont 5
- Virginia 54
- Washington 38
- West Virginia 19
- Wisconsin 51
- Wyoming 29
Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.