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 1, 1993 | Advantage Bank for Savings | Pioneer Financial, A Cooperative Bank |
| Oct 1, 1993 | MNC Financial, Inc. | Bank of America Corporation |
| Oct 1, 1993 | Catholic Cemetaries Dio of Cleve Employees Federal Credit Union | Saints Margaret & Gregory Federal Credit Union |
| Oct 1, 1993 | 7213 Telco Credit Union | Topline Financial Credit Union |
| Sep 30, 1993 | First American Metro Corp. | Wachovia Corporation |
| Sep 30, 1993 | Northeast Concerned Christians Credit Union | Credit Union One of Oklahoma |
| Sep 30, 1993 | Merced County Grangers Federal Credit Union | Fresno Grangers Federal Credit Union |
| Sep 30, 1993 | Keystone Printing Credit Union | Community Trust Credit Union |
| Sep 30, 1993 | Phillips University Federal Credit Union | Communication Federal Credit Union |
| Sep 30, 1993 | Virginia Bankshares Inc | First Union Corporation of Virginia |
| Sep 30, 1993 | South Alabama Bancorporation, Inc. | Banctrust Financial Group, Inc. |
| Sep 30, 1993 | Marquette Credit Union | Gfa Federal Credit Union |
| Sep 29, 1993 | First State Bank | Citizens State Bank |
| Sep 27, 1993 | WesBanco Bank New Martinsville | WesBanco Bank, Inc. |
| Sep 27, 1993 | Polish Union of America Federal Credit Union | St. Johns Buffalo Federal Credit Union |
| Sep 27, 1993 | WesBanco Bank Sistersville | WesBanco Bank, Inc. |
| Sep 26, 1993 | Jostens Employees Credit Union | Ascend Federal Credit Union |
| Sep 25, 1993 | The Bank of San Antonio/Medical Center | Compass Bank-San Antonio |
| Sep 25, 1993 | Button Gwinnett National Bank | Mountain National Bank |
| Sep 25, 1993 | Cal-West National Bank | Overland Bank |
| Sep 25, 1993 | Community Bank & Trust of Ritchie County, Inc. | Community Bank & Trust |
| Sep 25, 1993 | Frontier State Bank | Camino Real Bank, National Association |
| Sep 25, 1993 | Frio National Bank | Camino Real Bank, National Association |
| Sep 24, 1993 | Pioneer Savings Bank, Inc. | First-Citizens Bank & Trust Company |
| Sep 24, 1993 | East Dubuque Investment Corporation | East Dubuque Bancshares, Inc. |
| Sep 24, 1993 | State Bank of Conger (Incorporated) | American Bank of the North |
| Sep 24, 1993 | Park Ridge Bancshares, Inc. | F & M Merger Corporation |
| Sep 24, 1993 | State Bank of Conger (Incorporated) | Americana National Bank |
| Sep 23, 1993 | Marcus Whitman Federal Credit Union | Canandaigua Federal Credit Union |
| Sep 22, 1993 | Utica Community Federal Credit Union | G.P.O. Federal Credit Union |
| Sep 18, 1993 | Commercial Landmark Corporation | IV Commercial Acquisition, Inc. |
| Sep 18, 1993 | Commercial Bank and Trust Company | Boatmen's National Bank of Oklahoma |
| Sep 18, 1993 | Star Bank, Preble County | U.S. Bank N.A. |
| Sep 18, 1993 | Commercial Bank & Trust Co. of Tulsa | Boatmen's National Bank of Oklahoma |
| Sep 18, 1993 | Lovell National Bank | First Bank of Wyoming |
| Sep 18, 1993 | U.S. Shoe Flemingsburg Federal Credit Union | Members Trust Federal Credit Union |
| Sep 18, 1993 | First Bank and Trust Co. of Tahlequah | Boatmen's National Bank of Oklahoma |
| Sep 18, 1993 | Star Bank, National Association, Troy | U.S. Bank N.A. |
| Sep 18, 1993 | First Bank & Trust Co. of Fort Gibson | Boatmen's National Bank of Oklahoma |
| Sep 18, 1993 | The Farmers and Merchants National Bank of Hamilton | F&M Bank-Winchester |
| Sep 17, 1993 | Harvest Bancorp, Inc. | The Farmers and Merchants National Bank of Hamilton |
| Sep 17, 1993 | Crown Charter National Bank | Fidelity Bank, National Association |
| Sep 15, 1993 | First State Bank Chokio | United Farmers & Merchants State Bank |
| Sep 13, 1993 | Parkway Bank | Mark Twain Kansas Bank |
| Sep 13, 1993 | The Farmers National Bank of Ridgeway | Bank Northwest |
| Sep 13, 1993 | Crawford State Bank | Security First Bank |
| Sep 11, 1993 | Keystone Bancshares, Incorporated | Freedombank Shares, Inc. |
| Sep 11, 1993 | Beaver Trust Company | First Western Bank, National Association |
| Sep 11, 1993 | CB&T-Westover Bank, Inc. | United Bank |
| Sep 10, 1993 | INB Banking Company | NBD Bank, 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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