Data / Bank failures / West Virginia
Bank failures in West Virginia: 15 banks since 1937
15 banks in West Virginia failed between 1937 and 2020, holding $1.75 billion in assets and $1.46 billion in deposits. The FDIC estimates the cost to its insurance fund at $639.2 million. The FDIC also assisted 4 open banks without closing them. The largest: First NB of Keystone ($1.12 billion), The First State Bank ($151.8 million), Ameribank, Inc. ($104 million). By decade: 1930s 3, 1980s 8, 1990s 6, 2000s 1, 2020s 1.
SpecStream is the live web data engine for teams and agents. It reads the FDIC failed bank data every morning, and this page is that reading. Ask for the banks you follow and each new closure arrives in your sheet, CRM, Slack or agent as the FDIC announces it.
Every failure, newest first
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| The First State Bank | Barboursville | April 3, 2020 | $151.8 million | $143.1 million | $43.7 million | MVB Bank, Inc |
| Ameribank, Inc. | Northfork | September 19, 2008 | $104 million | $100.9 million | $38.3 million | The Citizens Savings Bank |
| First NB of Keystone | Keystone | September 1, 1999 | $1.12 billion | $880.9 million | $532.2 million | Ameribank, Incorporated |
| Shenandoah Fsa | Martinsburg | May 8, 1992 | $94.2 million | $69 million | $5.1 million | Blue Ridge Bank |
| Evergreen FS & La | Charleston | September 13, 1991 | $40.3 million | $35 million | $3.6 million | Merchants NB of Montgomery |
| The Blueville Bank of Grafton | Grafton | April 5, 1991 | $48.1 million | $46.9 million | $3.8 million | The Empire National Bank of |
| First Standard Fed. Savings Assoc. | Fairmont | February 23, 1990 | $77.6 million | $75.6 million | $3,727 | Community B&T, NA |
| First Federal Sav. Assoc./bluefield | Bluefield | February 23, 1990 | $39.3 million | $33.2 million | $2.6 million | First FSB |
| Lewis County Savings and Loan Co | Weston | May 12, 1989 | $4 million | $3.9 million | $405,429 | Community Bank & Trust, Nat |
| Mountain State FS&LA (assistance) | Clarksburg | February 10, 1988 | $91.4 million | $100.5 million | $21.7 million | Traders FS&LA |
| Magnet Bank FSB (assistance) | Charleston | February 10, 1988 | $547.1 million | $418.8 million | $115.9 million | Traders FS&LA |
| Traders FS&LA (assistance) | Parkersburg | February 10, 1988 | $68.5 million | $73.1 million | $18.9 million | Atlantic Financial Federal |
| Farmers FS&LA (assistance) | Ravenswood | October 23, 1986 | $131.3 million | $124.7 million | $237,598 | Poughkeepsie SB FSB |
| The Tucker County Bank | Parsons | February 3, 1984 | $15.4 million | $14.8 million | $2.6 million | Citizens NB of Elkins |
| The First National Bank of South Charlesto | South Charleston | November 5, 1982 | $28.6 million | $27.7 million | $4.6 million | Charleston National Bank |
| The Metro BK of Huntington, Inc. | Huntington | September 12, 1980 | $27 million | $23.9 million | $2.3 million | Heritage National Bank |
| The Point Pleasant National Bank | Point Pleasant | March 7, 1939 | $461,000 | $410,000 | ||
| Kermit State Bank | Kermit | November 1, 1938 | $120,000 | $67,000 | ||
| Farmers Bank & Trust Company | Charles Town | August 31, 1937 | $1.3 million | $1.4 million |
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
- Kentucky 47
- 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
- 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.