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
Aug 7, 1993	The Hershey Bank	PA	PNC Bank, N.A.
Aug 7, 1993	Bank of Hundred	WV	Community Bank & Trust
Aug 6, 1993	The Hillsboro Sun Bank	FL	SunTrust Bank, Tampa Bay
Aug 5, 1993	United Bankshares, Inc.	GA	FMB Bancshares, Inc.
Aug 2, 1993	PNC Bank Corp., Northern Kentucky	KY	PNC Bancorp, Inc.
Aug 2, 1993	Bank of Delaware Corporation	DE	PNC Bancorp, Inc.
Aug 1, 1993	Azusa Commercial Credit Union	CA	Pacific Community Credit Union
Aug 1, 1993	H.M.E. Federal Credit Union	PA	Blair County Federal Credit Union
Aug 1, 1993	UniSouth Banking Corporation	MS	Trustmark Bank
Aug 1, 1993	Pinto Credit Union	AL	Legacy Community Federal Credit Union
Aug 1, 1993	Hillsborough Social Agencies Cu	FL	Gte Federal Credit Union dba Gte Financial
Aug 1, 1993	Lafayette Diocese Fcu	LA	Saint Jules Credit Union
Aug 1, 1993	Pomeroy State Bank	IA	Liberty Bank and Trust, National Association
Aug 1, 1993	Security State Bank	MO	Commerce Bank, National Association
Aug 1, 1993	Transit Employees Credit Union	IA	Des Moines Metro Credit Union
Aug 1, 1993	P D Q Federal Credit Union	NJ	Garden Savings Federal Credit Union
Aug 1, 1993	Texas Bank	TX	TexasBank
Aug 1, 1993	Rialto Public Employees Federal Credit Union	CA	Arrowhead Federal Credit Union
Aug 1, 1993	Vinylex Empl Cu	TN	ORNL Federal Credit Union
Aug 1, 1993	Oaklawn Financial Corporation	TX	FirstBank
Aug 1, 1993	Midwest Commerce Corporation	IN	First Chicago NBD Corporation
Aug 1, 1993	PNC Bank Corporation, Inc.	KY	PNC Bancorp, Inc.
Jul 31, 1993	Sangstun Credit Union	IL	Illinois Educators Credit Union
Jul 31, 1993	Interstate Financial Corporation	OK	Liberty Bancorp, Inc.
Jul 31, 1993	First Oklahoma Bank and Trust Company of Edmond	OK	Bank One, Oklahoma, National Association
Jul 31, 1993	Granite Savings Bank, SSB	NC	RBC Bank (USA)
Jul 31, 1993	Saint Michaels Parish Federal Credit Union	OH	Steel Valley Federal Credit Union
Jul 31, 1993	Chicago Medical School Federal Credit Union	IL	Great Lakes Credit Union
Jul 31, 1993	Farmers and Merchants Bank in Cooperstown	ND	Community First State Bank of Cooperstown
Jul 31, 1993	Southeast Iowa Catholic Credit Union	IA	Bent River Community Credit Union
Jul 30, 1993	Bank of Colorado - Western Slope - Glenwood Springs	CO	Bank of Colorado - Western Slope
Jul 30, 1993	San Marcos National Bank	CA	First Pacific National Bank
Jul 30, 1993	Temecula Valley National Bank	CA	First Pacific National Bank
Jul 29, 1993	Chemical International Banking Corporation	FL	Chemical Bank, FSB
Jul 28, 1993	Western Illinois Bancorp, Inc.	IL	Paloma Bancshares, Inc.
Jul 27, 1993	Made Federal Credit Union	TX	Coastlife Credit Union
Jul 26, 1993	Bayville Farms Credit Union	VA	Norfolk Fire Department Federal Credit Union
Jul 24, 1993	Colorado National Bank - Belmont	CO	Colorado National Bank
Jul 24, 1993	Star Bank, National Association, Hillsboro	OH	U.S. Bank N.A.
Jul 24, 1993	Star Bank, National Association, Tri State	OH	U.S. Bank N.A.
Jul 24, 1993	Central Bank Pueblo, National Association	CO	Colorado National Bank
Jul 24, 1993	Central Bank Southeast, National Association	CO	Colorado National Bank
Jul 24, 1993	Central Bank Grand Junction, National Association	CO	Colorado National Bank
Jul 24, 1993	Bank Western National Association	CO	Colorado National Bank
Jul 23, 1993	First Union Bank of Virginia	VA	First Union National Bank of Virginia
Jul 23, 1993	PSFS Thrift Holding Company	FL	First Union Corporation of Florida
Jul 23, 1993	CFS Financial Corporation	VA	Crestar Bank
Jul 23, 1993	Dominion Trust Company	VA	First Union National Bank of Virginia
Jul 23, 1993	INB Banking Company, Northeast	IN	NBD Bank, National Association
Jul 23, 1993	Meritor Savings Bank, F.A.	FL	First Union National Bank of Florida

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

Enforcement Actions in 1993

Action date	Agency	Institution	Action
Oct 22, 1993	OCC	Nara Bank	Civil Money Penalty (CMP): Hahn, James D.
Oct 22, 1993	OCC_OTS	Lincoln Savings and Loan Association, F.A.	Cease and Desist: Robert J. Hubbard
Oct 22, 1993	OCC	Mission National Bank	Civil Money Penalty (CMP): Malabed, Leonilo L.
Oct 22, 1993	OCC_OTS	(individual)	Cease and Desist: Judy J. Wischer
Oct 22, 1993	OCC_OTS	(individual)	Cease and Desist: Charles H. Keating, III
Oct 22, 1993	OCC_OTS	(individual)	Cease and Desist: Charles H. Keating
Oct 22, 1993	OCC_OTS	(individual)	Cease and Desist: Andre Niebling
Oct 21, 1993	OCC	Nara Bank	Civil Money Penalty (CMP): Park, Hyon Man
Oct 21, 1993	OCC	Nara Bank	Civil Money Penalty (CMP): Kang, Dong Suk
Oct 21, 1993	OCC	Nara Bank	Civil Money Penalty (CMP): Kim, Chang Hee
Oct 21, 1993	OCC	Nara Bank	Civil Money Penalty (CMP): Kim, Sung Chu
Oct 21, 1993	OCC	Nara Bank	Civil Money Penalty (CMP): Woo, Brian B.
Oct 20, 1993	OCC_OTS	Bell Federal Savings Bank	Orders of Removal/Prohibition: Jay M. Gross
Oct 18, 1993	OCC_OTS	Athens Federal Savings and Loan Association	Termination of Cease and Desist: Athens Federal Savings and Loan Association
Oct 14, 1993	OCC	The First National Bank of Bayard	Formal Agreement: The First National Bank Of Bayard
Oct 8, 1993	OCC	The Citizens National Bank of Hammond	C&D or PC&D Requiring Restitution: Silver, George E.
Oct 7, 1993	OCC	Citizens First Trust Company, LLC	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Citizens First National Bank
Oct 6, 1993	OCC_OTS	First Florida Federal Savings Bank	Supervisory Agreement: Carr Group
Oct 6, 1993	OCC_OTS	First Florida Federal Savings Bank	Supervisory Agreement: Carr Group
Oct 4, 1993	OCC_OTS	Family First Funding LLC	Cease and Desist: Family First FSB
Oct 4, 1993	FRB	Banco Boliviano Americano, S.A.	Written Agreement: Banco Boliviano Americano, La Paz, Bolivia and Banco Boliviano Americano, Miami, FL
Oct 1, 1993	OCC_OTS	Berkeley Federal Savings Bank	Orders of Removal/Prohibition: Karen Zaleski
Sep 30, 1993	OCC_OTS	Chase Federal Savings and Loan Association	Civil Money Penalty: Robert S. Caplan
Sep 30, 1993	FRB	United Mizrahi Bank, Ltd.	Cease and Desist Order: United Mizrahi Bank, Ltd., Tel Aviv, Israel and United Mizrahi …
Sep 30, 1993	FRB	United Mizrahi Bank, Ltd.	Civil Money Penalty $400,000: United Mizrahi Bank, Ltd., Tel Aviv, Israel
Sep 30, 1993	OCC_OTS	Chase Federal Savings and Loan Association	Orders of Removal/Prohibition: Robert S. Caplan
Sep 29, 1993	FRB	(individual)	Cease and Desist Order: American Express Bank International, New York, NY
Sep 28, 1993	OCC_OTS	(individual)	Orders of Removal/Prohibition: Bernard Baker
Sep 28, 1993	OCC_OTS	(individual)	Orders of Removal/Prohibition: Joe D. McCarthy
Sep 28, 1993	OCC_OTS	(individual)	Orders of Removal/Prohibition: John E. Egdahl
Sep 28, 1993	OCC_OTS	(individual)	Orders of Removal/Prohibition: Walter L. Huckabay
Sep 28, 1993	OCC_OTS	(individual)	Orders of Removal/Prohibition: Verne F. Potter
Sep 24, 1993	FRB	Sentry Bancorp, Inc.	Civil Money Penalty $7,500: Sentry Bancorp, Inc., Edina, MN
Sep 24, 1993	FRB	Sentry Bancorp, Inc.	Civil Money Penalty $1,000: Robert J. Ziton
Sep 17, 1993	OCC_OTS	(individual)	Cease and Desist: Brian W. Fink
Sep 17, 1993	OCC_OTS	Columbia Savings and Loan Association, Federal Association	Cease and Desist: Jeffrey S. Worthy
Sep 17, 1993	OCC_OTS	(individual)	Orders of Removal/Prohibition: Brian W. Fink
Sep 17, 1993	OCC_OTS	(individual)	Cease and Desist: Michael Parker
Sep 15, 1993	OCC_OTS	Northeast Bank	Supervisory Agreement: Ronald J. Goguen
Sep 14, 1993	FRB	First National Bank of Philadelphia	Written Agreement: First Bank of Philadelphia, Philadelphia, PA
Sep 10, 1993	OCC_OTS	Homestead Savings Association	Supervisory Agreement: Homestead Savings Association of Texas
Sep 9, 1993	OCC	The Farmers National Bank of Forney	Civil Money Penalty (CMP): Harris, John
Sep 9, 1993	OCC_OTS	(individual)	Orders of Removal/Prohibition: Allen R. Stasulis
Sep 8, 1993	FRB	Bosshard Banco, Ltd.	Civil Money Penalty $17,500 (collectively with Jeff Gray): Bosshard Banco, Ltd., Bangor, WI
Sep 8, 1993	FRB	Trustcorp, Inc.	Prohibition from Banking: George W. Haigh
Sep 8, 1993	FRB	Bosshard Banco, Ltd.	Civil Money Penalty $17,500 (collectively with Bosshard Banco, Ltd., Bangor, WI): Jeff Gray
Sep 8, 1993	FRB	Trustcorp, Inc.	Cease and Desist Order: George W. Haigh
Sep 7, 1993	OCC_OTS	(individual)	Civil Money Penalty: Roy O. Mitchell
Sep 7, 1993	OCC_OTS	Home Federal Savings and Loan Association of Hastings	Orders of Removal/Prohibition: Stephen R. Beltzer
Sep 2, 1993	OCC	The Citizens National Bank of Hammond	Civil Money Penalty (CMP): Hadlock, Edwin C.

Browse adjacent years: 1992 · 1994

Or jump to a category: Failures · Mergers · Enforcement · Assistance