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Calendar Year

1990 in US Banking

1,874 bank events are on record for 1990: 381 failures, 973 mergers or acquisitions involving a bank, credit union or bank holding company, and 519 enforcement actions.

381
Failures
$146.59B in failed assets
973
Mergers
Federal Reserve NIC, banking organizations
519
Enforcement
OCC, FDIC, FRB, OTS and SEC 8-K filings
1
Assistance
FDIC open-bank assistance

Jump to: Bank failures 1990 · Bank mergers 1990

How many banks failed in 1990?

381 banks failed in 1990, with $146.59B in assets. Each failure below links to its own page.

Date Bank HQ Assets Acquirer or resolution
Jun 28, 1990 Brookwood National Bank Oklahoma City, OK $26.9M The Liberty National Bank a
Jun 28, 1990 American National Bank Elk City, OK $14.8M First Community Bank
Jun 28, 1990 The Valley View National Bank Valley View, TX $13.0M The Gainesville National Ba
Jun 28, 1990 Bacliff Bank, N.A. Bacliff, TX $7.1M The Citizens State Bank of
Jun 22, 1990 Germania Bank, FSB Alton, IL $785.5M Mercantile Bank of St. Loui
Jun 22, 1990 Southern Federal Bank for Savings Gulfport, MS $142.8M Branch sale
Jun 21, 1990 Centre National Bank-Farmers Branch Farmers Branch, TX $39.7M Hibernia National Bank in T
Jun 21, 1990 Lakeland State Bank Austin, TX $12.8M Hill Country Bank
Jun 21, 1990 Bank of East Texas Tyler, TX $11.0M Chandler State Bank
Jun 21, 1990 Peoples National Bank Caldwell, TX $9.6M Citizens State Bank
Jun 18, 1990 Farmers and Merchants Bank Buckeye, AZ $24.0M The Stockmen's Bank
Jun 15, 1990 Charter Savings Bank Newport, CA $313.9M Pacific Heritage Bank
Jun 15, 1990 United S & L of Trenton Trenton, NJ $277.7M Penn SB, FSB
Jun 15, 1990 First Federal Savings & Loan Metairie, LA $156.3M Deposit payout
Jun 15, 1990 Moultrie Savings Bank FSB Moultrie, GA $65.8M Moultrie NB
Jun 15, 1990 Bank M Miami, FL $10.7M Bank of North America
Jun 14, 1990 Alliance Bank, N.A. Austin, TX $81.1M Hibernia National Bank in T
Jun 14, 1990 Willow Bend National Bank Plano, TX $58.9M Compass Bank - Plano
Jun 14, 1990 National City Bank of Denver Denver, CO $58.4M Omnibank Southeast
Jun 14, 1990 Exchange National Bank of Del City Del City, OK $43.2M First National Bank of Midw
Jun 14, 1990 The Wimberley Bank Wimberley, TX $23.3M Ozona National Bank
Jun 8, 1990 Home Federal Worcester, MA $235.8M Branch sale
Jun 8, 1990 First Bankers Trust Midland, TX $103.6M Deposit payout
Jun 8, 1990 Hometown Savings Bank FSB Delphi, IN $64.7M Branch sale
Jun 8, 1990 The Merchants Bank of California Beverly Hills, CA $62.4M Western Bank
Jun 7, 1990 Texas National Bank El Paso, TX $131.8M Texas Commerce Bank - El Pa
Jun 7, 1990 Richmark Bank Houston, TX $35.2M Hibernia National Bank in T
Jun 7, 1990 Clifton National Bank Clifton, TX $12.1M First National Bank in Vall
Jun 7, 1990 Hulen National Bank Fort Worth, TX $11.7M First National Bank in Deca
Jun 1, 1990 NBC Bank-San Antonio, National Assoc San Antonio, TX $938.2M NCNB Texas National Bank
Jun 1, 1990 First Annapolis Savings Annapolis, MD $720.1M Branch sale
Jun 1, 1990 The Home National Bank of Milford Milford, MA $461.7M Baybank Middlesex
Jun 1, 1990 Investors of Florida Deerfield Beach, FL $282.6M J. P. Morgan FL, FSB
Jun 1, 1990 NBC Bank-Houston, National Assoc Houston, TX $186.2M NCNB Texas National Bank
Jun 1, 1990 NBC Bank-Rio Grande Valley, N.A. Mission, TX $138.7M NCNB Texas National Bank
Jun 1, 1990 NBC Bank- South Texas, National Corpus Christi, TX $118.4M NCNB Texas National Bank
Jun 1, 1990 Mutual S & La Weatherford, TX $104.8M Deposit payout
Jun 1, 1990 NBC Bank-Seguin, National Assoc Seguin, TX $63.8M NCNB Texas National Bank
Jun 1, 1990 Time FS & La San Francisco, CA $57.9M Sun SB, FSB
Jun 1, 1990 NBC Bank-Boerne, National Assoc Boerne, TX $53.8M NCNB Texas National Bank
Jun 1, 1990 Great Life FSA Sunrise, FL $42.7M U.S. Trust Co. of Florida S
Jun 1, 1990 NBC Bank-Uvalde, National Assoc Uvalde, TX $35.1M NCNB Texas National Bank
Jun 1, 1990 NBC Bank-Austin, National Assoc Austin, TX $33.8M NCNB Texas National Bank
Jun 1, 1990 NBC Bank-Kerrville, National Assoc Kerrville, TX $26.0M NCNB Texas National Bank
May 31, 1990 The Huntsville National Bank Huntsville, TX $107.2M NCNB Texas National Bank
May 31, 1990 The Wilshire Bank, National Assoc Los Angeles, CA $24.8M Mid City Bank, National Ass
May 31, 1990 Rocky Mountain National Bank Denver, CO $9.2M Colonial National Bank
May 25, 1990 Cagaus-Central Federal Savings Caguas, PR $1.64B Banco Santander PR
May 25, 1990 American Pioneer Savings Bank Orlando, FL $1.61B Branch sale
May 25, 1990 First American Federal Savings Fort Smith, AR $450.7M Branch sale

Which banks merged in 1990?

973 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 1990.

See the fuller list: Bank mergers 1990 with largest deals and credit union mergers ›

Date Acquired St Acquirer
Aug 13, 1990 Texas Commerce Bank - Conroe, National Association TX Chase Bank of Texas, National Association
Aug 13, 1990 Texas Commerce Bank - Sugarland, National Association TX Chase Bank of Texas, National Association
Aug 12, 1990 Tri City Service Corporation WI Tri City Bankshares Corporation
Aug 11, 1990 Tri City National Bank of Brookfield WI Tri City National Bank
Aug 11, 1990 Tri City National Bank of Menomonee Falls WI Tri City National Bank
Aug 11, 1990 Tri City National Bank of Hales Corners WI Tri City National Bank
Aug 11, 1990 Tri City National Bank of West Allis WI Tri City National Bank
Aug 11, 1990 Tri City National Bank of Brown Deer WI Tri City National Bank
Aug 11, 1990 USTrust MA USTrust
Aug 10, 1990 Rockfish Credit Union NC Members Credit Union
Aug 10, 1990 Victoria Bank & Trust Company - Central TX Norwest Bank Texas, South Central
Aug 10, 1990 Victoria Bank & Trust Company - West TX Norwest Bank Texas, South Central
Aug 7, 1990 Pattern & Foundry Federal Credit Union NY Sunmark Credit Union
Aug 6, 1990 Chemical Bank Texas, National Association TX Texas Commerce Bank, National Association
Aug 1, 1990 Auto Accessories Credit Union, Inc. OH Lormet Community Federal Credit Union
Aug 1, 1990 Dairy Equipment Credit Union WI Members First Credit Union
Aug 1, 1990 First American Kentucky Bancorp, Inc. KY Community Trust Bancorp, Inc.
Aug 1, 1990 Hallam Bancorp, Inc. NE First State Holding Co.
Aug 1, 1990 Public Health Credit Union OK The Focus Federal Credit Union
Aug 1, 1990 Entex Empl Cu LA United Energy Credit Union
Aug 1, 1990 Southern Nevada State Savings and Credit Union NV WestStar Credit Union
Aug 1, 1990 Trust Company of Troup County GA SunTrust Bank, West Georgia, National Association
Aug 1, 1990 Marion County Savings and Loan Association KY Great Financial Bank, FSB
Aug 1, 1990 Employees Credit Association Credit Union CA Genisys Credit Union dba Genisys Investment Services
Aug 1, 1990 Knox County Schools Employees Credit Union IL Heritage Credit Union
Aug 1, 1990 Perth Amboy Postal Employees Credit Union NJ Raritan Bay Federal Credit Union
Aug 1, 1990 Dayton Newspapers-Whio Federal Credit Union OH Triangle Credit Union, Inc.
Aug 1, 1990 Pacific First Bank, a Federal Savings Bank Washington WA Pacific First Bank, a Federal Savings Bank
Aug 1, 1990 Jasper County Savings and Loan Association IL First Community Bank, National Association
Aug 1, 1990 Hopkins Savings and Loan Association WI Federated Bank, S.S.B.
Aug 1, 1990 The Farmers and Citizens State Bank WV Bank One, West Virginia, Charleston, National Association
Aug 1, 1990 Valley Bank WA Bellingham Bank
Aug 1, 1990 The Guaranty Bond State Bank of Waller TX First Bank Katy, National Association
Aug 1, 1990 The Peoples Bank OH Peoples Bank
Aug 1, 1990 Trust Company Bank of Douglas County GA Suntrust Bank
Aug 1, 1990 Second Pilgrim Federal Credit Union PA Viriva Community Credit Union
Aug 1, 1990 Z R D C Credit Union IL Access Credit Union
Aug 1, 1990 First of America Bank - West Branch MI First of America Bank - Mid Michigan, National Association
Aug 1, 1990 Hallam Bank NE Saline State Bank
Aug 1, 1990 M&I Northern National Bank WI M&I Merchants Bank
Aug 1, 1990 M&I Bank of Westfield WI M&I Peoples Bank
Aug 1, 1990 M&I Bank of Adams-Friendship WI M&I Peoples Bank
Aug 1, 1990 O.L. of a Federal Credit Union PA Viriva Community Credit Union
Jul 31, 1990 Iola Bancshares, Inc. KS Team Financial, Inc.
Jul 31, 1990 Valley Ag Credit Corp CA PV Financial
Jul 31, 1990 Greater Pennsylvania Savings Association PA American Savings Bank
Jul 31, 1990 Cal Berkeley Federal Credit Union CA Cooperative Center Federal Credit Union
Jul 31, 1990 Seasha Fcu AL Tuskegee Federal Credit Union
Jul 30, 1990 Farmers Savings Bank IA Bank Iowa
Jul 28, 1990 Maximum Savings Bank Federal Savings Bank MD Columbia First Bank, a Federal Savings Bank

The list holds 500 of the 973 mergers recorded for 1990.

Enforcement Actions in 1990

Action date Agency Institution Action
Jun 25, 1990 OCC_OTS Ponce De Leon Mortgage Corporation Orders of Removal/Prohibition: Jorge Guillermo Hurtado
Jun 25, 1990 OCC (individual) Civil Money Penalty (CMP): Habenicht, Harold G.
Jun 25, 1990 OCC (individual) Civil Money Penalty (CMP): Gibson, Kenneth T.
Jun 25, 1990 OCC (individual) Civil Money Penalty (CMP): Taylor, J. F.
Jun 25, 1990 OCC (individual) Civil Money Penalty (CMP): Roberts, J. T.
Jun 25, 1990 OCC (individual) Civil Money Penalty (CMP): Johnston, Fulton
Jun 21, 1990 OCC First National Bank Civil Money Penalty (CMP): McCaslin, Henry E.
Jun 21, 1990 OCC_OTS Germania Bank a Federal Savings Bank Cease and Desist: Germania Bank, A Federal Savings Bank
Jun 19, 1990 OCC_OTS Bell Federal Savings Bank Cease and Desist: Bell Savings and Loan Association
Jun 19, 1990 OCC First National Bank at Oswego Civil Money Penalty (CMP): Leeseberg, Roger P.
Jun 18, 1990 OCC_OTS Home Savings and Loan Association, Federal Association Cease and Desist: Home Savings and Loan Association
Jun 14, 1990 OCC The First National Bank of Holland Civil Money Penalty (CMP): Mewhinney, Gene B.
Jun 14, 1990 OCC The First National Bank of Holland Civil Money Penalty (CMP): Rose, Paula
Jun 14, 1990 OCC The First National Bank of Holland Civil Money Penalty (CMP): Proctor, Ronald
Jun 14, 1990 OCC The First National Bank of Holland Civil Money Penalty (CMP): Mewhinney, Charlene
Jun 11, 1990 OCC_OTS Enterprise Savings and Loan Association Civil Money Penalty: Enterprise Savings and Loan Association
Jun 11, 1990 OCC_OTS Farm & Home Savings Association Orders of Removal/Prohibition: Mark J. Brookner
Jun 8, 1990 OCC The First National Bank of Gracemont Civil Money Penalty (CMP): Johnson, Ronald M.
Jun 8, 1990 OCC The First National Bank of Gracemont Civil Money Penalty (CMP): Johnson, Susan
Jun 6, 1990 OCC Burbank National Bank Civil Money Penalty (CMP): Held, Allen R.
Jun 5, 1990 OCC_OTS United Roosevelt Savings and Loan Association Cease and Desist: Ronald Rudd
Jun 5, 1990 OCC The First National Bank of Bertha-Verndale Civil Money Penalty (CMP): Hahn, Larry
Jun 5, 1990 OCC_OTS United Roosevelt Savings and Loan Association Cease and Desist: Donald J. Moskowitz
Jun 5, 1990 OCC_OTS First Northern Savings and Loan Association Cease and Desist: Harry Amus
Jun 1, 1990 OCC_OTS George Washington Federal Savings Association Orders of Removal/Prohibition: Steven D. Bogard
Jun 1, 1990 OCC_OTS First Federal Savings & Loan Association of Valdosta Orders of Removal/Prohibition: Henry A. Winn
May 31, 1990 OCC_OTS American Savings Bank Cease and Desist: John F. Coleman
May 31, 1990 OCC The Milford National Bank and Trust Company Formal Agreement: Milford National Bank And Trust Company
May 31, 1990 OCC_OTS (individual) Orders of Removal/Prohibition: Louis A. Mitchell
May 29, 1990 OCC_OTS Marshall Federal Savings and Loan Association Civil Money Penalty: Roger K. Jones
May 29, 1990 OCC_OTS Marshall Federal Savings and Loan Association Cease and Desist: Ronnie Matthews
May 29, 1990 OCC_OTS Marshall Federal Savings and Loan Association Cease and Desist: Ronnie Matthews
May 29, 1990 OCC_OTS Marshall Federal Savings and Loan Association Civil Money Penalty: Jack Sanders
May 29, 1990 OCC_OTS Marshall Federal Savings and Loan Association Civil Money Penalty: Raymond Williams
May 25, 1990 OCC_OTS (individual) Cease and Desist: Dr. Motilal Raichand
May 25, 1990 OCC_OTS (individual) Orders of Removal/Prohibition: D. Gary Alvey
May 25, 1990 OCC Resourcebank, N.A. Prohibition/Removal Orders: Reyna, Gloria Medina
May 25, 1990 OCC Resourcebank, N.A. Prohibition/Removal Orders: Townsend, James Walton
May 25, 1990 OCC First National Bank in Bogata Civil Money Penalty (CMP): Blackstone, Ronald
May 24, 1990 OCC The Bank of New York Trust Company, N.A. Civil Money Penalty (CMP): Bank of New York Trust Company of Florida, N.A., The
May 24, 1990 OCC Banco Nacional, N.A. Civil Money Penalty (CMP): Maymi, Guido U.
May 24, 1990 OCC Union National Bank of Oklahoma Civil Money Penalty (CMP): Union National Bank Of Oklahoma
May 24, 1990 OCC Union National Bank of Arkansas Little Rock Civil Money Penalty (CMP): Union National Bank Of Arkansas, Little Rock, Arkansas
May 24, 1990 OCC Union National Trust Company Civil Money Penalty (CMP): Union National Bank
May 22, 1990 OCC_OTS First Federal Savings Bank of Zion Cease and Desist: First Savings Bank of Zion
May 21, 1990 OCC Moody National Bank Civil Money Penalty (CMP): Moody National Bank Of Galveston
May 21, 1990 OCC Titan Bank, N.A. Civil Money Penalty (CMP): Meyers, Frank C.
May 21, 1990 OCC_OTS Anchor Savings and Loan Association Orders of Removal/Prohibition: Joseph S. Plis
May 21, 1990 OCC_OTS Anchor Savings and Loan Association Orders of Removal/Prohibition: Richard Kowalczyk
May 20, 1990 OCC_OTS Marshall Federal Savings and Loan Association Civil Money Penalty: Franklin Jones Jr.

FDIC Open-Bank Assistance in 1990

Date Institution HQ Assets
Sep 12, 1990 The Pawnee National Bank Pawnee, OK $14.2M

Browse adjacent years: 1989 · 1991

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