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.

Date	Bank	HQ	Assets	Acquirer or resolution
Nov 5, 1993	Century Thrift and Loan	Los Angeles, CA	$31.9M	—
Oct 29, 1993	The Bank of San Diego	San Diego, CA	$294.3M	Grossmont Bank
Oct 21, 1993	Mid City Bank, N.A.	Brea, CA	$105.7M	Chino Valley Bank
Oct 15, 1993	Brentwood Thrift and Loan Association	Los Angeles, CA	$12.9M	—
Oct 14, 1993	Plaza Bank, N.A. of New Braunfels	New Braunfels, TX	$54.6M	Texas Com Bank-New Braun
Sep 24, 1993	Westside Bank, FSB	Los Angeles, CA	$81.7M	Deposit payout
Sep 24, 1993	Western United National Bank	Los Angeles, CA	$23.7M	—
Sep 17, 1993	Regent Thrift and Loan Association	San Francisco, CA	$35.8M	Metropolitan Bank
Sep 10, 1993	Amador Valley S & L	Pleasanton, CA	$41.9M	Community First NB
Aug 27, 1993	Maritime Bank of California	Los Angeles, CA	$31.8M	Western Bank
Aug 25, 1993	Tarrant Bank	Fort Worth, TX	$62.6M	First Interstate BK of T
Aug 13, 1993	Golden State FSB	Irvine, CA	$50.6M	Deposit payout
Aug 12, 1993	New Atlantic Bank, N.A.	Norfolk, VA	$15.1M	Bank of Hampton Roads
Jul 29, 1993	The Wolfe City National Bank	Wolfe City, TX	$30.4M	Sulphur Springs State Ba
Jul 22, 1993	Fidelity National Bank	Houston, TX	$52.6M	Comerica Bank Texas
Jul 9, 1993	First California Bank	La Mesa, CA	$79.4M	Valle De Oro Bank N.A.
Jul 9, 1993	City Thrift and Loan Association	Los Angeles, CA	$39.4M	—
Jul 2, 1993	Jefferson Bank & Trust	Lakewood, CO	$127.1M	FirstBank of Westland N.A.
Jul 2, 1993	Emerald City Bank	Seattle, WA	$7.8M	Key Bank of Washington
Jul 1, 1993	Westheimer National Bank	Houston, TX	$27.9M	Nationsbank of Texas N.A.
Jul 1, 1993	Eagle Bank of Champaign County, National a	Rantoul, IL	$20.2M	Busey Bank
Jun 25, 1993	City National Bank of Washington	Washington, DC	$24.0M	Crestar Bank National As
Jun 18, 1993	Capital Bank of California	Los Angeles, CA	$227.7M	—
Jun 18, 1993	American Bank and Trust	San Jose, CA	$35.6M	Bank of Santa Clara
Jun 10, 1993	Bankcentral Amarillo	Amarillo, TX	$34.7M	Amarillo National Bank
Jun 4, 1993	Western FSB	Marina Del Ray, CA	$3.80B	Branch sale
May 21, 1993	New England Savings Bank	New London, CT	$914.9M	Citizens Savings Bank
May 21, 1993	Palos Verdes National Bank	Rolling Hills Est, CA	$45.6M	Peninsula Bank National
May 20, 1993	Crown National Bank	Charlotte, NC	$26.3M	Lincoln Bank of NC
May 6, 1993	Wilshire Center Bank,	Los Angeles, CA	$9.7M	California Center Bank
Apr 30, 1993	American Commerce National Bank	Anaheim, CA	$139.1M	Southern California Bank
Apr 29, 1993	Valley National Bank of Fremont	Hamburg, IA	$7.0M	Decatur County State Ban
Apr 15, 1993	First Western Bank, N.A.	San Diego, CA	$16.2M	Peninsula Bank of San Di
Apr 8, 1993	Premier Bank	Northridge, CA	$73.0M	Trans-World Bank
Apr 2, 1993	College Boulevard National Bank	Overland Park, KS	$202.8M	First NB of Kansas
Apr 2, 1993	Pioneer FS & La	Prairie Village, KS	$132.8M	Branch sale
Apr 2, 1993	Midland Bank of Kansas	Mission, KS	$124.3M	Bank IV Kansas National
Apr 2, 1993	Olympic National Bank	Los Angeles, CA	$82.4M	Western Bank
Apr 1, 1993	First State Bank	Vega, TX	$21.4M	Citizens STB of Dalhart
Mar 18, 1993	United Bank, N.A.	Lancaster, TX	$49.8M	Kilgore First National Bank
Mar 16, 1993	The Guardian Bank, FSB	Boca Raton, FL	$75.6M	Shawmut Bank, FSB
Mar 4, 1993	First American Capital Bank, N.A	Laguna Beach, CA	$28.5M	Orange National Bank
Feb 26, 1993	Jefferson National Bank	Watertown, NY	$256.0M	Fleet Bank of New York
Feb 25, 1993	The Planters NB of Rosebud	Rosebud, TX	$13.7M	First NB in Cameron
Feb 5, 1993	American Bank of Haltom City	Haltom City, TX	$99.5M	Central Bank&trust
Jan 29, 1993	Old Stone SB	Providence, RI	$1.85B	Citizens SB
Jan 29, 1993	First National Bank of Vermont	Bradford, VT	$295.8M	New First NB of Vermont
Jan 29, 1993	Vista FSA	Canoga Park, CA	$105.1M	Deposit payout
Jan 29, 1993	Life FSB	Baton Rouge, LA	$16.8M	Liberty B&T Co
Jan 22, 1993	Columbia National Bank	Santa Monica, CA	$47.6M	Western Bank

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	St	Acquirer
Oct 4, 1993	First Edmond Bancshares, Inc.	OK	Liberty Bancorp, Inc.
Oct 3, 1993	East Cleveland School Employees Credit Union, Inc.	OH	Steel Valley Federal Credit Union
Oct 2, 1993	Tri-County Banking Co.	OR	Citizens Bank
Oct 1, 1993	Indiana Acceptance Inc	IN	NBD Bank, National Association
Oct 1, 1993	Harbor Federal Credit Union	CA	Star Harbor Federal Credit Union
Oct 1, 1993	PSB Building Company	MI	Bank One, Michigan
Oct 1, 1993	INB Business Development Corporation	IN	NBD Bank, National Association
Oct 1, 1993	M & D Holding Company	MN	Wells Fargo & Company
Oct 1, 1993	Monticello Bancshares, Inc.	MN	Marquette Financial Companies
Oct 1, 1993	Citadel Finance Inc	IN	NBD Indiana, Inc.
Oct 1, 1993	NBD Building Company	MI	Bank One, Michigan
Oct 1, 1993	Bruce Bancshares, Inc.	WI	Dairyland Bancorp, Inc.
Oct 1, 1993	Tfac Inc	IN	NBD Indiana, Inc.
Oct 1, 1993	Self Reliance Jersey City Federal Credit Union	NJ	Selfreliance Federal Credit Union
Oct 1, 1993	First State Bank of Charlevoix	MI	CB North
Oct 1, 1993	The Coastal Bank	NJ	Commerce Bank, National Association
Oct 1, 1993	Western Carolina Federal Credit Union	SC	Anderson Federal Credit Union
Oct 1, 1993	BWW Credit Union	AL	Southern Energy Credit Union
Oct 1, 1993	Our Lady Queen of the Angels Federal Credit Union	NJ	New Community Federal Credit Union
Oct 1, 1993	Boddie-Noell Enterprises Credit Union	NC	Freedom Federal Credit Union
Oct 1, 1993	Texas Commerce Bank N.A.	TX	Wells Fargo Bank Texas, National Association
Oct 1, 1993	Republic Bank-North	MI	Republic Bank
Oct 1, 1993	Orau Empl Fcu	TN	ORNL Federal Credit Union
Oct 1, 1993	Af of M Local 174 Fcu	LA	New Orleans Firemens Federal Credit Union
Oct 1, 1993	Citizens Bank	MN	Community First National Bank
Oct 1, 1993	Higbee Company Employees Credit Union	OH	Genfed Financial Credit Union, Inc.
Oct 1, 1993	Republic Bank Ann Arbor	MI	Republic Bank
Oct 1, 1993	WCCH Fcu	LA	Access of Louisiana Federal Credit Union
Oct 1, 1993	Tarheels Federal Credit Union	NC	Carolina Cooperative Federal Credit Union
Oct 1, 1993	Republic Bank - Central	MI	Republic Bank
Oct 1, 1993	Royal Bank Group, Inc.	MI	Citizens Republic Bancorp, Inc.
Oct 1, 1993	International Bank, National Association	TX	International Bank of Commerce
Oct 1, 1993	Oregon Standby Credit Union	OR	Rivermark Community Credit Union
Oct 1, 1993	National City Bank, Norwalk	OH	National City Bank
Oct 1, 1993	Pipe Trades and Electrical Workers Credit Union of San Mateo County	CA	Monterra Credit Union
Oct 1, 1993	Charlton Credit Union	MA	Webster First Federal Credit Union
Oct 1, 1993	Suncoast Cu	FL	Space Coast Credit Union
Oct 1, 1993	Napa Valley Credit Union	CA	The Golden 1 Credit Union
Oct 1, 1993	Nordberg Credit Union	WI	First Credit Union
Oct 1, 1993	Republic Bank	MI	Republic Bank
Oct 1, 1993	First FS&LA	LA	Meritrust Federal Savings Bank
Oct 1, 1993	Sinco Credit Union	KS	Advancial Federal Credit Union
Oct 1, 1993	Republic Bank S.E.	MI	Republic Bank
Oct 1, 1993	Northern Metal Company Fcu	PA	Mayfair Federal Credit Union
Oct 1, 1993	Liberty National Bank of Lexington	KY	Bank One, Kentucky, National Association
Oct 1, 1993	Saint Joan of Arc Kokomo Federal Credit Union	IN	Indiana Heartland Federal Credit Union
Oct 1, 1993	W. S. E. Federal Credit Union	WV	Ohio Valley Community Federal Credit Union
Oct 1, 1993	Duty Free Shoppers Federal Credit Union	HI	Pearl Hawaii Federal Credit Union
Oct 1, 1993	The Third National Bank of Sandusky	OH	National City Bank
Oct 1, 1993	Salado National Bank	TX	First State Bank Central Texas

The list holds 500 of the 1,201 mergers recorded for 1993.

Enforcement Actions in 1993

Action date	Agency	Institution	Action
Jan 19, 1993	OCC_OTS	(individual)	Orders of Removal/Prohibition: Jon L. Bloomfield
Jan 19, 1993	OCC_OTS	Lincoln Corporation	Orders of Removal/Prohibition: George S. Mann
Jan 19, 1993	OCC_OTS	(individual)	Cease and Desist: Michael G. Morgan
Jan 19, 1993	OCC_OTS	Lincoln Corporation	Cease and Desist: The Lincoln Savings Bank
Jan 15, 1993	OCC_OTS	(individual)	Orders of Removal/Prohibition: W. Jack Smith III
Jan 15, 1993	OCC	First National Bank of Newton County	Formal Agreement: First National Bank Of Newton County
Jan 14, 1993	OCC	First National Bank of Chaves County	Formal Agreement: First National Bank Of Chaves County
Jan 14, 1993	OCC_OTS	Eagle Federal Savings Bank for Savings	Cease and Desist: Eagle FB for Savings
Jan 14, 1993	OCC	The Farmers National Bank of Forney	Civil Money Penalty (CMP): Harris, Richard Don
Jan 13, 1993	FRB	Bank of Forest	Civil Money Penalty $750: Joe E. Clark, III
Jan 13, 1993	OCC_OTS	(individual)	Orders of Removal/Prohibition: Thomas R. Jones
Jan 13, 1993	OCC	The Farmers National Bank of Forney	Civil Money Penalty (CMP): Nunn, John Wesley
Jan 12, 1993	OCC	The Malta National Bank	Prohibition/Removal Orders: Lowe, Michael D.
Jan 12, 1993	OCC_OTS	The Little Falls Savings and Loan Association	Supervisory Agreement: Little Falls Savings Bank, SLA
Jan 11, 1993	FRB	Carney Bank	Written Agreement: Carney Bank, Boynton Beach, FL
Jan 8, 1993	FRB	(individual)	Written Agreement: PT Bank Niaga, Jakarta, Indonesia and PT Bank Niaga, Los Angeles, CA
Jan 7, 1993	OCC	The American National Bank of Union Springs	Formal Agreement: American National Bank of Union Springs, The
Jan 6, 1993	OCC_OTS	Rio Grande Bancorp, Inc.	Supervisory Agreement: Rio Grande Savings and Loan Association
Jan 3, 1993	OCC_OTS	(individual)	Cease and Desist: Carter C. Green
Jan 2, 1993	OCC_OTS	(individual)	Orders of Removal/Prohibition: James B. Yates
Jan 1, 1993	OCC_OTS	(individual)	Cease and Desist: David Van Dam

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