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 29, 1993	Mega Bank of St. Charles County	MO	Mega Bank
Oct 29, 1993	State Bank of Green River	WY	First Security Bank of Wyoming
Oct 29, 1993	Buffalo Psychiatric Center Federal Credit Union	NY	Western New York Federal Credit Union
Oct 29, 1993	Somerset Trust Company	NJ	Summit Bank
Oct 29, 1993	Mega Bancshares, Inc.	MO	Landmark Bancshares Corporation
Oct 29, 1993	Mega Bank of St. Louis County	MO	Mega Bank
Oct 28, 1993	First American Bank of Maryland	MD	First Union National Bank of Maryland
Oct 28, 1993	Somerset Investment Company	NJ	Summit Bank
Oct 28, 1993	First American Bank of Virginia	VA	First Union National Bank of Virginia
Oct 23, 1993	Lamoni State Bank	IA	Liberty Bank & Trust
Oct 23, 1993	American National Bank of Arlington Heights	IL	American National Bank and Trust Company of Chicago
Oct 22, 1993	University Bank	WI	Wells Fargo Bank Wisconsin, National Association
Oct 22, 1993	Liberty Bank of Fort Walton Beach	FL	Compass Bank
Oct 22, 1993	First Federal Savings Bank of De Funiak Springs	FL	Regions Bank of Florida
Oct 22, 1993	NBD Bank, National Association	IN	NBD Bank, National Association
Oct 19, 1993	Commerce Bank	KS	Commerce Bank, National Association
Oct 18, 1993	Jefferson County Schools Federal Credit Union	WV	167th TFR Federal Credit Union
Oct 16, 1993	Texas Commerce Bank - Rio Grande Valley, National Association	TX	Chase Bank of Texas, National Association
Oct 16, 1993	Star Bank, National Association, Sidney	OH	U.S. Bank N.A.
Oct 16, 1993	Community Bank and Trust of Randolph County	WV	Community Bank & Trust
Oct 15, 1993	1889 Bankcorp	MI	Independent Bank Corporation
Oct 15, 1993	First Savings Bank of Forest City, S.S.B.	NC	RBC Bank (USA)
Oct 15, 1993	First Gulf Bank	FL	AmSouth Bank of Florida
Oct 15, 1993	The First National Bank of Clearwater	FL	AmSouth Bank of Florida
Oct 15, 1993	Leadership Bank, National Association	OK	First National Bank of Oklahoma
Oct 15, 1993	Missouri Valley Financial Services, Inc.	IA	Quick Bancorp, Inc.
Oct 15, 1993	State Bank of Virden	IL	The First National Bank of Raymond
Oct 15, 1993	State Bank of Girard	IL	The First National Bank of Raymond
Oct 15, 1993	Coastal Bend National Bank	TX	Corpus Christi National Bank
Oct 14, 1993	Citizens Bank of Massachusetts	MA	Citizens Bank of Massachusetts
Oct 13, 1993	Keuka-Seneca Federal Credit Union	NY	Servu Federal Credit Union
Oct 12, 1993	Florida Trust Services of Ohio Bancorp	FL	National City Trust Company
Oct 9, 1993	Heartland Federal Savings and Loan Association	OK	BOKF, N.A.
Oct 9, 1993	Heartland Federal Savings and Loan Association	OK	Home National Bank
Oct 9, 1993	First Bank Minnesota (National Association)	MN	U.S. Bank National Association
Oct 9, 1993	First Bank Southeast, National Association	MN	U.S. Bank National Association
Oct 9, 1993	First Bank North, National Association	MN	U.S. Bank National Association
Oct 9, 1993	Cromwell Community Credit Union	MN	Members Cooperative Credit Union
Oct 9, 1993	Mutual Savings and Loan Association	CA	Cenfed Bank, a Federal Savings Bank
Oct 9, 1993	Heartland Federal Savings and Loan Association	OK	Commercial Federal Bank, a Federal Savings Bank
Oct 9, 1993	First Colonial Bank for Savings	MA	Eastern Bank
Oct 9, 1993	First Bank South, National Association	MN	U.S. Bank National Association
Oct 9, 1993	First Bank Forest Lake, National Association	MN	U.S. Bank National Association
Oct 9, 1993	First Bank Central, National Association	MN	U.S. Bank National Association
Oct 9, 1993	First Bank Anoka, National Association	MN	U.S. Bank National Association
Oct 8, 1993	East Coast Savings Bank, SSB	NC	Southern National Bank of North Carolina
Oct 8, 1993	Carey Salt Employees Federal Credit Union	KS	Heartland Credit Union
Oct 7, 1993	Ralston Bancshares, Inc.	MO	Wells Fargo & Company
Oct 6, 1993	Nash Engineering Federal Credit Union	CT	Mutual Security Credit Union, Inc.
Oct 4, 1993	The First National Bank of Edmond	OK	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
Nov 22, 1993	OCC_OTS	Charter Savings Bank, FSB	Cease and Desist: Frank J. Mola
Nov 22, 1993	OCC_OTS	(individual)	Orders of Removal/Prohibition: Charles H. Keating Jr.
Nov 22, 1993	OCC_OTS	Charter Savings Bank, FSB	Orders of Removal/Prohibition: Frank J. Mola
Nov 22, 1993	OCC_OTS	First National Bank of Michigan	Supervisory Agreement: First Federal of Michigan
Nov 20, 1993	OCC	Sequoia National Bank	Civil Money Penalty (CMP): Granholm, Victor I.
Nov 20, 1993	OCC	Sequoia National Bank	Civil Money Penalty (CMP): Bray, A. Philip
Nov 18, 1993	OCC_OTS	Great Life Federal Savings Association	Cease and Desist: Robert D. Rapaport
Nov 18, 1993	FRB	Constitution Bancorp, Inc.	Written Agreement: Constitution Bancorp, Inc., and Constitution Bank, Philadelphia, PA
Nov 18, 1993	FRB	Liberty Agency, Inc.	Written Agreement: Liberty Agency, Inc., Kirk, CO
Nov 17, 1993	OCC	College Boulevard National Bank	Prohibition/Removal Orders: Grams, Jon D.
Nov 16, 1993	OCC_OTS	Greater South Texas Bank	Supervisory Agreement: Greater South Texas Bank, F.S.B.
Nov 15, 1993	OCC	Sears National Bank	Civil Money Penalty (CMP): Jones, Peter C.
Nov 15, 1993	FRB	(individual)	Cease and Desist Order: Peoples Bancshares, Inc., Westville, OK
Nov 15, 1993	OCC_OTS	Liberty Trust & Savings Bank	Supervisory Agreement: Liberty Savings Bank, FSB
Nov 15, 1993	OCC	The First National Bank of Kensington	Formal Agreement: The First National Bank Of Kensington
Nov 11, 1993	OCC	First Security Insurance of New Mexico, Inc.	Civil Money Penalty (CMP): Hagemeyer, Loren A.
Nov 11, 1993	OCC	The Citizens National Bank of Hammond	Civil Money Penalty (CMP): Ceresoli, Donald
Nov 11, 1993	OCC	The Citizens National Bank of Hammond	C&D or PC&D Requiring Restitution: Ceresoli, Donald
Nov 11, 1993	OCC	Gateway National Bank	Prohibition/Removal Orders: Hancock, Norbert E.
Nov 10, 1993	FRB	Farmers and Merchants Bank of Long Beach	Written Agreement: Farmers and Merchants Bank of Long Beach, Long Beach, CA
Nov 8, 1993	FRB	First Tampa Bancorporation of Florida, Inc.	Written Agreement: First Tampa Bancorporation of Florida, Inc., Tampa, FL
Nov 5, 1993	OCC_OTS	Greater South Texas Bank	Orders of Removal/Prohibition: Ana Maria Cantu
Nov 5, 1993	OCC	The Mahopac National Bank	Formal Agreement: The Mahopac National Bank
Nov 3, 1993	OCC	Nara Bank	Civil Money Penalty (CMP): Hong, Ki Chang
Nov 2, 1993	FRB	Bcci Holdings (Luxembourg) S.A.	Prohibition from Banking: Swaleh Naqvi
Nov 2, 1993	FRB	Bcci Holdings (Luxembourg) S.A.	Prohibition from Banking: Agha Hasan Abedi
Nov 2, 1993	OCC	Burbank National Bank	Civil Money Penalty (CMP): Sorensen, Vernon E.
Nov 1, 1993	OCC_OTS	(individual)	Orders of Removal/Prohibition: James C. Roberts
Nov 1, 1993	OCC_OTS	(individual)	Orders of Removal/Prohibition: H. Cedric Roberts
Nov 1, 1993	OCC_OTS	(individual)	Orders of Removal/Prohibition: Frank Purcell Jr.
Nov 1, 1993	OCC_OTS	(individual)	Orders of Removal/Prohibition: Ernest W. Baker
Nov 1, 1993	OCC	The Citizens National Bank of Hammond	Civil Money Penalty (CMP): Silver, George E.
Nov 1, 1993	FRB	State Bank and Trust of Colorado Springs	Civil Money Penalty $1,000: William H. Kandt
Nov 1, 1993	FRB	(individual)	Civil Money Penalty $950,000: American Express Bank International, New York, NY
Nov 1, 1993	OCC_OTS	(individual)	Orders of Removal/Prohibition: William E. Leonard
Nov 1, 1993	OCC_OTS	(individual)	Orders of Removal/Prohibition: Harold Harris Jr.
Oct 29, 1993	OCC_OTS	First Federal Savings and Loan Association	Cease and Desist: Robert R. Burger
Oct 29, 1993	OCC_OTS	Firstate Financial, F.A.	Supervisory Agreement: Samuel Zell
Oct 29, 1993	OCC_OTS	(individual)	Supervisory Agreement: Home Savings Bank, FSB
Oct 29, 1993	OCC_OTS	Amerifirst Federal Savings Bank	Orders of Removal/Prohibition: Thomas R. Bomar
Oct 29, 1993	OCC_OTS	Amerifirst Federal Savings Bank	Orders of Removal/Prohibition: Robert W. Benner
Oct 29, 1993	OCC_OTS	First Federal Savings and Loan Association	Orders of Removal/Prohibition: Robert R. Burger
Oct 29, 1993	OCC_OTS	Amerifirst Federal Savings Bank	Orders of Removal/Prohibition: Carlos Garcia-Velez
Oct 28, 1993	FRB	Fidelity Bancorp, Inc.	Written Agreement: Gary Sexton
Oct 28, 1993	OCC	Texas Heritage National Bank	Prohibition/Removal Orders: Scaff, James Robert
Oct 28, 1993	OCC	First Liberty National Bank	Formal Agreement: First Liberty National Bank
Oct 28, 1993	OCC_OTS	(individual)	Cease and Desist: Raymond F Miller, Jr
Oct 26, 1993	OCC	Fallbrook National Bank	Prohibition/Removal Orders: Marshall, Stephen G.
Oct 22, 1993	OCC_OTS	(individual)	Cease and Desist: Robert J. Kielty
Oct 22, 1993	OCC_OTS	(individual)	Cease and Desist: Robert M. Wurzelbacher Jr.

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