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Six US banks have failed in 2026 but the numbers look nothing like 2023

Six US banks have failed in 2026 so far, which is one more than in 2023 and enough to make another banking-crisis headline practically write itself. But before we start reliving Silicon Valley Bank, it's worth looking at what those six banks actually held: about $1.

Andjela RadmilacCryptoSlate · October 3, 2026 · 23h ago

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Key points

  • Six US banks failed in 2026 through Sept. 25 holding about $1.43 billion in combined assets, versus roughly $552.54 billion in 2023, per FDIC data.
  • Nano Banc's Sept. 25 closure was the year's largest, with $736 million in assets and an estimated $114 million cost to the Deposit Insurance Fund.
  • The FDIC's problem-bank list fell to 47 as of June 30, about 1.1% of insured institutions, while industry-wide second-quarter profit reached $90.1 billion.

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