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 |
|---|---|---|
| Oct 29, 1993 | Mega Bank of St. Charles County | Mega Bank |
| Oct 29, 1993 | State Bank of Green River | First Security Bank of Wyoming |
| Oct 29, 1993 | Buffalo Psychiatric Center Federal Credit Union | Western New York Federal Credit Union |
| Oct 29, 1993 | Somerset Trust Company | Summit Bank |
| Oct 29, 1993 | Mega Bancshares, Inc. | Landmark Bancshares Corporation |
| Oct 29, 1993 | Mega Bank of St. Louis County | Mega Bank |
| Oct 28, 1993 | First American Bank of Maryland | First Union National Bank of Maryland |
| Oct 28, 1993 | Somerset Investment Company | Summit Bank |
| Oct 28, 1993 | First American Bank of Virginia | First Union National Bank of Virginia |
| Oct 23, 1993 | Lamoni State Bank | Liberty Bank & Trust |
| Oct 23, 1993 | American National Bank of Arlington Heights | American National Bank and Trust Company of Chicago |
| Oct 22, 1993 | University Bank | Wells Fargo Bank Wisconsin, National Association |
| Oct 22, 1993 | Liberty Bank of Fort Walton Beach | Compass Bank |
| Oct 22, 1993 | First Federal Savings Bank of De Funiak Springs | Regions Bank of Florida |
| Oct 22, 1993 | NBD Bank, National Association | NBD Bank, National Association |
| Oct 19, 1993 | Commerce Bank | Commerce Bank, National Association |
| Oct 18, 1993 | Jefferson County Schools Federal Credit Union | 167th TFR Federal Credit Union |
| Oct 16, 1993 | Texas Commerce Bank - Rio Grande Valley, National Association | Chase Bank of Texas, National Association |
| Oct 16, 1993 | Star Bank, National Association, Sidney | U.S. Bank N.A. |
| Oct 16, 1993 | Community Bank and Trust of Randolph County | Community Bank & Trust |
| Oct 15, 1993 | 1889 Bankcorp | Independent Bank Corporation |
| Oct 15, 1993 | First Savings Bank of Forest City, S.S.B. | RBC Bank (USA) |
| Oct 15, 1993 | First Gulf Bank | AmSouth Bank of Florida |
| Oct 15, 1993 | The First National Bank of Clearwater | AmSouth Bank of Florida |
| Oct 15, 1993 | Leadership Bank, National Association | First National Bank of Oklahoma |
| Oct 15, 1993 | Missouri Valley Financial Services, Inc. | Quick Bancorp, Inc. |
| Oct 15, 1993 | State Bank of Virden | The First National Bank of Raymond |
| Oct 15, 1993 | State Bank of Girard | The First National Bank of Raymond |
| Oct 15, 1993 | Coastal Bend National Bank | Corpus Christi National Bank |
| Oct 14, 1993 | Citizens Bank of Massachusetts | Citizens Bank of Massachusetts |
| Oct 13, 1993 | Keuka-Seneca Federal Credit Union | Servu Federal Credit Union |
| Oct 12, 1993 | Florida Trust Services of Ohio Bancorp | National City Trust Company |
| Oct 9, 1993 | Heartland Federal Savings and Loan Association | BOKF, N.A. |
| Oct 9, 1993 | Heartland Federal Savings and Loan Association | Home National Bank |
| Oct 9, 1993 | First Bank Minnesota (National Association) | U.S. Bank National Association |
| Oct 9, 1993 | First Bank Southeast, National Association | U.S. Bank National Association |
| Oct 9, 1993 | First Bank North, National Association | U.S. Bank National Association |
| Oct 9, 1993 | Cromwell Community Credit Union | Members Cooperative Credit Union |
| Oct 9, 1993 | Mutual Savings and Loan Association | Cenfed Bank, a Federal Savings Bank |
| Oct 9, 1993 | Heartland Federal Savings and Loan Association | Commercial Federal Bank, a Federal Savings Bank |
| Oct 9, 1993 | First Colonial Bank for Savings | Eastern Bank |
| Oct 9, 1993 | First Bank South, National Association | U.S. Bank National Association |
| Oct 9, 1993 | First Bank Forest Lake, National Association | U.S. Bank National Association |
| Oct 9, 1993 | First Bank Central, National Association | U.S. Bank National Association |
| Oct 9, 1993 | First Bank Anoka, National Association | U.S. Bank National Association |
| Oct 8, 1993 | East Coast Savings Bank, SSB | Southern National Bank of North Carolina |
| Oct 8, 1993 | Carey Salt Employees Federal Credit Union | Heartland Credit Union |
| Oct 7, 1993 | Ralston Bancshares, Inc. | Wells Fargo & Company |
| Oct 6, 1993 | Nash Engineering Federal Credit Union | Mutual Security Credit Union, Inc. |
| Oct 4, 1993 | The First National Bank of Edmond | Bank One, Oklahoma, National Association |
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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