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 |
|---|---|---|
| Sep 10, 1993 | First Bentonville Bancshares, Inc. | Boatmen's Arkansas, Inc |
| Sep 9, 1993 | Ulster County Teachers Federal Credit Union | Ulster Federal Credit Union |
| Sep 8, 1993 | Tobay Federal Credit Union | Nassau Financial Federal Credit Union |
| Sep 7, 1993 | Citizens National Bank | Bank Midwest, N.A. |
| Sep 7, 1993 | The Bank of Atchison County | Bank Midwest, N.A. |
| Sep 7, 1993 | First National Bank of Kirksville | Bank Midwest, N.A. |
| Sep 7, 1993 | Community Bank, National Association | Bank Midwest, N.A. |
| Sep 4, 1993 | Northpark National Bank of Dallas | Comerica Bank - Texas |
| Sep 4, 1993 | Charter Bank and Trust of Illinois | Charter National Bank and Trust |
| Sep 4, 1993 | Rancho Viejo National Bank | FirstBank |
| Sep 4, 1993 | The Thatcher Bank, FSB | PB&T Bank |
| Sep 4, 1993 | The Long Island Savings Bank, FSB | The Long Island Savings Bank, FSB |
| Sep 4, 1993 | Railway Mail Service Credit Union | Orion Federal Credit Union |
| Sep 2, 1993 | PNC Banc Corporation, Ohio | PNC Bancorp, Inc. |
| Sep 2, 1993 | KC Aviation | Banc One West Virginia Corporation |
| Sep 1, 1993 | Financial Futures Realty | Ubc Holding Company, Inc. |
| Sep 1, 1993 | Hogue Holding Company, Inc. | North Arkansas Bancshares, Inc. |
| Sep 1, 1993 | Commonwealth Bancshares Emp. Servic | Meridian Bancorp, Inc. |
| Sep 1, 1993 | Ukrainian American Credit Union | Ukrainian Selfreliance Michigan Federal Credit Union |
| Sep 1, 1993 | M a E Credit Union | Educators Credit Union |
| Sep 1, 1993 | First National Bankshares, Inc. | F & M National Corporation |
| Sep 1, 1993 | CSB Acquisitions Company | C&S/Sovran Corporation |
| Sep 1, 1993 | Commonwealth Bancshares Corporation | Meridian Bancorp, Inc. |
| Sep 1, 1993 | Financial Future Corporation | Ubc Holding Company, Inc. |
| Sep 1, 1993 | Victory Credit Union | Southern Lakes Credit Union |
| Sep 1, 1993 | Central National Bank | SouthTrust Bank of the Suncoast |
| Sep 1, 1993 | Security Bancorporation, Inc. | Wisconsin Bancshares, Inc. |
| Sep 1, 1993 | VNB Capital Corporation | C&S/Sovran Corporation |
| Sep 1, 1993 | Timberlawn Employees Credit Union | Credit Union of Texas |
| Sep 1, 1993 | First Bank of Ceredo | United Bank |
| Sep 1, 1993 | First State Bank | First Bank of West Texas |
| Sep 1, 1993 | Halifax Teachers Fcu | Launch Credit Union |
| Sep 1, 1993 | FirstBank Holding Company of California | FirstBank Holding Company |
| Sep 1, 1993 | AMCORE Bank, Ogle County | Amcore Bank National Association, Rock River Valley |
| Sep 1, 1993 | Derby Employees Credit Union | Credit Union of America |
| Sep 1, 1993 | Blue Springs Bank | Mercantile Bank of Warrensburg |
| Sep 1, 1993 | Security State Bank | MidAmerica Bank North |
| Sep 1, 1993 | Central Savings and Loan Association | Susquehanna Bank |
| Sep 1, 1993 | The Hamilton National Bank | First Bank of Texas |
| Sep 1, 1993 | Agrico Fcu | Midflorida Credit Union |
| Sep 1, 1993 | Jordans Employees Federal Credit Union | Infinity Federal Credit Union |
| Sep 1, 1993 | Jamestown Municipal Federal Credit Union | Jamestown Area Community Federal Credit Union |
| Sep 1, 1993 | Wausau Case Employees Credit Union | Brokaw Credit Union |
| Sep 1, 1993 | Central Credit Union of California | 1st United Credit Union |
| Sep 1, 1993 | (unnamed) | Bank of America California, N.A. |
| Sep 1, 1993 | Omni Savings Bank Federal Savings Bank | Bay Savings Bank FSB |
| Sep 1, 1993 | Loctite Employees Credit Union | Dutch Point Credit Union |
| Sep 1, 1993 | Commonwealth Bank | Meridian Bank |
| Sep 1, 1993 | The American State Bank | Teambank, N.A. |
| Sep 1, 1993 | Gciu Local 14 Federal Credit Union | Trumark Credit Union |
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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