Calendar Year
1993 in US Banking
1,872 bank events are on record for 1993: 50 failures, 1,201 mergers or acquisitions involving a bank, credit union or bank holding company, and 621 enforcement actions.
50
Failures
$9.98B in failed assets
1,201
Mergers
Federal Reserve NIC, banking organizations
621
Enforcement
OCC, FDIC, FRB, OTS and SEC 8-K filings
Jump to: Bank failures 1993 · Bank mergers 1993
How many banks failed in 1993?
50 banks failed in 1993, with $9.98B in assets. Each failure below links to its own page.
Which banks merged in 1993?
1,201 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 1993.
See the fuller list: Bank mergers 1993 with largest deals and credit union mergers ›
| Date | Acquired | Acquirer |
|---|---|---|
| Aug 7, 1993 | The Hershey Bank | PNC Bank, N.A. |
| Aug 7, 1993 | Bank of Hundred | Community Bank & Trust |
| Aug 6, 1993 | The Hillsboro Sun Bank | SunTrust Bank, Tampa Bay |
| Aug 5, 1993 | United Bankshares, Inc. | FMB Bancshares, Inc. |
| Aug 2, 1993 | PNC Bank Corp., Northern Kentucky | PNC Bancorp, Inc. |
| Aug 2, 1993 | Bank of Delaware Corporation | PNC Bancorp, Inc. |
| Aug 1, 1993 | Azusa Commercial Credit Union | Pacific Community Credit Union |
| Aug 1, 1993 | H.M.E. Federal Credit Union | Blair County Federal Credit Union |
| Aug 1, 1993 | UniSouth Banking Corporation | Trustmark Bank |
| Aug 1, 1993 | Pinto Credit Union | Legacy Community Federal Credit Union |
| Aug 1, 1993 | Hillsborough Social Agencies Cu | Gte Federal Credit Union dba Gte Financial |
| Aug 1, 1993 | Lafayette Diocese Fcu | Saint Jules Credit Union |
| Aug 1, 1993 | Pomeroy State Bank | Liberty Bank and Trust, National Association |
| Aug 1, 1993 | Security State Bank | Commerce Bank, National Association |
| Aug 1, 1993 | Transit Employees Credit Union | Des Moines Metro Credit Union |
| Aug 1, 1993 | P D Q Federal Credit Union | Garden Savings Federal Credit Union |
| Aug 1, 1993 | Texas Bank | TexasBank |
| Aug 1, 1993 | Rialto Public Employees Federal Credit Union | Arrowhead Federal Credit Union |
| Aug 1, 1993 | Vinylex Empl Cu | ORNL Federal Credit Union |
| Aug 1, 1993 | Oaklawn Financial Corporation | FirstBank |
| Aug 1, 1993 | Midwest Commerce Corporation | First Chicago NBD Corporation |
| Aug 1, 1993 | PNC Bank Corporation, Inc. | PNC Bancorp, Inc. |
| Jul 31, 1993 | Sangstun Credit Union | Illinois Educators Credit Union |
| Jul 31, 1993 | Interstate Financial Corporation | Liberty Bancorp, Inc. |
| Jul 31, 1993 | First Oklahoma Bank and Trust Company of Edmond | Bank One, Oklahoma, National Association |
| Jul 31, 1993 | Granite Savings Bank, SSB | RBC Bank (USA) |
| Jul 31, 1993 | Saint Michaels Parish Federal Credit Union | Steel Valley Federal Credit Union |
| Jul 31, 1993 | Chicago Medical School Federal Credit Union | Great Lakes Credit Union |
| Jul 31, 1993 | Farmers and Merchants Bank in Cooperstown | Community First State Bank of Cooperstown |
| Jul 31, 1993 | Southeast Iowa Catholic Credit Union | Bent River Community Credit Union |
| Jul 30, 1993 | Bank of Colorado - Western Slope - Glenwood Springs | Bank of Colorado - Western Slope |
| Jul 30, 1993 | San Marcos National Bank | First Pacific National Bank |
| Jul 30, 1993 | Temecula Valley National Bank | First Pacific National Bank |
| Jul 29, 1993 | Chemical International Banking Corporation | Chemical Bank, FSB |
| Jul 28, 1993 | Western Illinois Bancorp, Inc. | Paloma Bancshares, Inc. |
| Jul 27, 1993 | Made Federal Credit Union | Coastlife Credit Union |
| Jul 26, 1993 | Bayville Farms Credit Union | Norfolk Fire Department Federal Credit Union |
| Jul 24, 1993 | Colorado National Bank - Belmont | Colorado National Bank |
| Jul 24, 1993 | Star Bank, National Association, Hillsboro | U.S. Bank N.A. |
| Jul 24, 1993 | Star Bank, National Association, Tri State | U.S. Bank N.A. |
| Jul 24, 1993 | Central Bank Pueblo, National Association | Colorado National Bank |
| Jul 24, 1993 | Central Bank Southeast, National Association | Colorado National Bank |
| Jul 24, 1993 | Central Bank Grand Junction, National Association | Colorado National Bank |
| Jul 24, 1993 | Bank Western National Association | Colorado National Bank |
| Jul 23, 1993 | First Union Bank of Virginia | First Union National Bank of Virginia |
| Jul 23, 1993 | PSFS Thrift Holding Company | First Union Corporation of Florida |
| Jul 23, 1993 | CFS Financial Corporation | Crestar Bank |
| Jul 23, 1993 | Dominion Trust Company | First Union National Bank of Virginia |
| Jul 23, 1993 | INB Banking Company, Northeast | NBD Bank, National Association |
| Jul 23, 1993 | Meritor Savings Bank, F.A. | First Union National Bank of Florida |
The list holds 500 of the 1,201 mergers recorded for 1993.
Enforcement Actions in 1993
| Action date | Agency | Institution | Action |
|---|---|---|---|
| Feb 2, 1993 | OCC_OTS | First Federal Savings Bank | Cease and Desist: Charles Ramos |
| Feb 1, 1993 | OCC_OTS | Bordentown-Peoples Savings and Loan Association | Supervisory Agreement: Bordentown-Peoples SLA |
| Feb 1, 1993 | FRB | BSD Bancorp, Inc. | Written Agreement: BSD Bancorp, Inc., San Diego, CA |
| Feb 1, 1993 | OCC | Security National Bank of Shreveport, Louisiana | Prohibition/Removal Orders: Godfrey, Wesley |
| Feb 1, 1993 | OCC | Glendale National Bank of New Jersey | Formal Agreement: Glendale National Bank Of New Jersey |
| Jan 29, 1993 | OCC_OTS | First Federal Savings and Loan Association | Orders of Removal/Prohibition: Robert J. Henry |
| Jan 29, 1993 | OCC_OTS | Texas Commercial Federal Savings Association | Civil Money Penalty: Joe Parris |
| Jan 29, 1993 | OCC_OTS | Unity Savings and Loan Association, Federal Association | Orders of Removal/Prohibition: Cyril H. Gius |
| Jan 29, 1993 | OCC_OTS | Leesburg Federal Savings and Loan Association | Orders of Removal/Prohibition: Theodore Waln |
| Jan 28, 1993 | OCC_OTS | (individual) | Cease and Desist: Bradley D. Bishoff |
| Jan 28, 1993 | OCC_OTS | American Savings and Loan Association of Florida | Cease and Desist: Roger C. Pastore |
| Jan 28, 1993 | OCC_OTS | (individual) | Civil Money Penalty: Roger C. Pastore |
| Jan 28, 1993 | OCC | The Rushville National Bank | C&D or PC&D Requiring Restitution: Eckel, Richard F. |
| Jan 28, 1993 | OCC | The Rushville National Bank | Civil Money Penalty (CMP): Eckel, Richard F. |
| Jan 28, 1993 | OCC | The Rushville National Bank | Prohibition/Removal Orders: Eckel, Richard F. |
| Jan 27, 1993 | OCC | Zapata National Bank | Civil Money Penalty (CMP): Zapata National Bank |
| Jan 27, 1993 | OCC | American National Bank & Trust | Prompt Corrective Action (PCA) Directive: American National Bank |
| Jan 27, 1993 | OCC | (individual) | Prohibition/Removal Orders: Malecha, Kenneth R. |
| Jan 27, 1993 | OCC | Zapata National Bank | Civil Money Penalty (CMP): Trevino, Anselmo |
| Jan 27, 1993 | OCC | Texas National Bank | Civil Money Penalty (CMP): Scharwz, Lloyd |
| Jan 27, 1993 | OCC | Zapata National Bank | Civil Money Penalty (CMP): Salinas, Rudy |
| Jan 27, 1993 | OCC | Texas National Bank | Civil Money Penalty (CMP): Salinas, Rudy |
| Jan 27, 1993 | OCC | Texas National Bank | Civil Money Penalty (CMP): Rodriquez, Issac |
| Jan 27, 1993 | OCC | Zapata National Bank | Civil Money Penalty (CMP): Ramirez, Jose M. |
| Jan 27, 1993 | OCC | Zapata National Bank | Civil Money Penalty (CMP): McDaniel, Vergie |
| Jan 27, 1993 | OCC | Zapata National Bank | Civil Money Penalty (CMP): Martinez, Mardelicia |
| Jan 27, 1993 | OCC | Zapata National Bank | Civil Money Penalty (CMP): Lopez, Irene F. |
| Jan 27, 1993 | OCC | Zapata National Bank | Civil Money Penalty (CMP): Lauder, W.B. |
| Jan 27, 1993 | OCC | Texas National Bank | Civil Money Penalty (CMP): Lauder, W.B. |
| Jan 27, 1993 | OCC | Texas National Bank | Civil Money Penalty (CMP): Lauder, Jean |
| Jan 27, 1993 | OCC | Texas National Bank | Civil Money Penalty (CMP): Jones, Cathy |
| Jan 27, 1993 | OCC | Zapata National Bank | Civil Money Penalty (CMP): Garza, Alfonso |
| Jan 27, 1993 | OCC | Zapata National Bank | Civil Money Penalty (CMP): Flores, Juventino |
| Jan 27, 1993 | OCC | Zapata National Bank | Civil Money Penalty (CMP): Fiqueroa, Arturo A. |
| Jan 27, 1993 | OCC | Texas National Bank | Civil Money Penalty (CMP): Eilers, Robert |
| Jan 27, 1993 | OCC | Texas National Bank | Civil Money Penalty (CMP): Eilers, Kenneth |
| Jan 27, 1993 | OCC | Texas National Bank | Civil Money Penalty (CMP): Dobbins, Julia |
| Jan 27, 1993 | OCC | Texas National Bank | Civil Money Penalty (CMP): Crenshaw, Nadine |
| Jan 27, 1993 | OCC | Zapata National Bank | Civil Money Penalty (CMP): Bellamy, Cheryl |
| Jan 27, 1993 | OCC | Texas National Bank | Civil Money Penalty (CMP): Bellamy, Cheryl |
| Jan 27, 1993 | OCC | Texas National Bank | Civil Money Penalty (CMP): Bartensky, Ellen |
| Jan 27, 1993 | OCC | Texas National Bank | Civil Money Penalty (CMP): Mercedes National Bank |
| Jan 25, 1993 | OCC_OTS | Torrance Savings and Loan Association | Supervisory Agreement: Torrance Bank, S.S.B |
| Jan 22, 1993 | OCC | California National Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): California National Bank |
| Jan 22, 1993 | OCC | California National Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Chi, Richard K. |
| Jan 22, 1993 | OCC | Western United National Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Western United National Bank |
| Jan 20, 1993 | OCC_OTS | American Federal Bank, A Federal Savings Bank | Supervisory Agreement: American Federal Bank, A FSB |
| Jan 20, 1993 | OCC | Charter National Bank and Trust | Formal Agreement: First National Bank Of Hoffman Estates |
| Jan 19, 1993 | OCC | First United National Bank | Formal Agreement: First United National Bank |
| Jan 19, 1993 | OCC_OTS | Charter Federal Savings Association | Orders of Removal/Prohibition: Michael G. Morgan |
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