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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
Sep 1, 1993 Orange Coast Federal Credit Union CA Orange County's Federal Credit Union
Aug 31, 1993 Celebration Mission Coun Cu FL Tampa Bay Federal Credit Union
Aug 31, 1993 McCrosky Employees Federal Credit Union PA One Federal Credit Union
Aug 31, 1993 O.S.I.A #687 Cu PA Citadel Federal Credit Union
Aug 31, 1993 Financial FS&LA Dade County FL Chase Federal Bank, a Federal Savings Bank
Aug 31, 1993 Cherry Valley Bancshares, Inc. AR First Bank of Arkansas
Aug 28, 1993 Republic Bank of Nebraska NE First National Bank & Trust Company of Columbus
Aug 28, 1993 Vernon Brodt Mem Cu FL Peoples Credit Union
Aug 28, 1993 The Commercial State Bank TX Fredonia State Bank
Aug 28, 1993 Edenton Savings and Loan Association NC Truist Bank
Aug 28, 1993 FirstBank, Farmington, New Mexico NM Bank of the Southwest
Aug 27, 1993 Winchester National Bank IL First Bank
Aug 27, 1993 First Bank IL First Bank
Aug 27, 1993 Desert Southwest Community Bancorp NV First Security Corporation
Aug 26, 1993 Fidelcor, Inc. PA First Fidelity Incorporated
Aug 24, 1993 The Glenway Loan and Deposit Company OH Centennial Bank
Aug 23, 1993 FirstBank of Denver, National Association CO FirstBank of Tech Center
Aug 23, 1993 FirstBank of Longmont, National Association CO FirstBank of Longmont
Aug 23, 1993 FirstBank of Arapahoe County, National Association CO FirstBank of Arapahoe County
Aug 23, 1993 FirstBank of Lakewood, National Association CO FirstBank of Lakewood
Aug 23, 1993 (unnamed) — FirstBank of South Jeffco
Aug 23, 1993 Society Bank & Trust OH KeyBank N.A.
Aug 23, 1993 FirstBank of Colorado, National Association CO FirstBank of South Jeffco
Aug 21, 1993 Star Bank, Central Ohio OH U.S. Bank N.A.
Aug 21, 1993 Mountain Plaza National Bank WY Hilltop National Bank
Aug 20, 1993 Commerce Bank, Man, Inc. WV Huntington Bank Charleston N.A.
Aug 18, 1993 Franklin First Financial Corp PA Onbancorp, Inc.
Aug 16, 1993 Proctor and Gamble Employees Credit Union VA Northern Star Credit Union, Inc.
Aug 16, 1993 Columbia National Bank WA Columbia State Bank
Aug 16, 1993 Bank of Windsor CO Bank of Colorado-Front Range
Aug 16, 1993 Columbia National Bankshares, Inc. WA Columbia Banking System, Inc.
Aug 14, 1993 Peoples Savings, Inc. KS Peoples, Inc.
Aug 14, 1993 CoreStates Hamilton Bank PA Corestates Bank, National Association
Aug 14, 1993 Carolina Savings Bank NC Truist Bank
Aug 14, 1993 American National Bank of Bensenville IL American National Bank and Trust Company of Chicago
Aug 13, 1993 Pike County Bank AL SouthTrust Bank, National Association
Aug 13, 1993 Saint Josephs Credit Union KS Golden Plains Credit Union
Aug 13, 1993 County Bancshares, Inc. AL Southtrust of Covington County, Inc.
Aug 13, 1993 INB Banking Company Southwest IN NBD Bank, National Association
Aug 13, 1993 (unnamed) — First Capital Bank
Aug 12, 1993 Village Bank NY First Fidelity Bank, National Association
Aug 12, 1993 Parke Bancorp IN First Financial Corporation
Aug 11, 1993 National Community Banks, Inc. NJ B.N.Y. Holdings (New Jersey) Corporation
Aug 10, 1993 Saint Barnabas Fcu NY Nassau Financial Federal Credit Union
Aug 10, 1993 Athens Bancorp, Inc. WI Firstar Corporation of Wisconsin
Aug 9, 1993 Firstar Bank Geneva, National Association IL Firstar Bank Illinois
Aug 9, 1993 Firstar North Shore Bank IL Firstar Bank North Shore
Aug 7, 1993 The First Bank and Trust Company of Mechanicsburg, Pa. PA PNC Bank, N.A.
Aug 7, 1993 Eureka Savings Bank, FSB KS First Bank, Federal Savings Bank
Aug 7, 1993 CCNB Bank, National Association PA PNC Bank, N.A.

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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