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
Nov 15, 1993	The Valley Bank	NH	CFX Bank
Nov 13, 1993	United Savings BANK,F.S.B.	AL	Colonial Bank
Nov 13, 1993	Liberty Bancorp of Owasso, Inc.	OK	RCB Holding Company, Inc.
Nov 13, 1993	American Federal Bank, FSB	TX	Guaranty Bank
Nov 13, 1993	Liberty Bank of Owasso	OK	RCB Bank
Nov 13, 1993	Home Federal Savings Bank of Eastern North Carolina	NC	United Carolina Bank
Nov 11, 1993	Bank of Florida, National Association	FL	Drummond Community Bank
Nov 11, 1993	Saint Laurence Parish Federal Credit Union	TX	Santa Fe Federal Credit Union
Nov 11, 1993	Postal Savings and Loan Association	KS	Silver Lake Bank
Nov 9, 1993	Limestone National Bank	OK	American Heritage Bank
Nov 9, 1993	Limestone Bancshares, Inc.	OK	American Bancorporation, Inc.
Nov 6, 1993	Pacific Bancorporation	CA	Vallicorp Holdings, Inc.
Nov 6, 1993	Valley Federal Savings and Loan Association	PA	Santander Bank, N.A.
Nov 5, 1993	Sangamon Banc Shares, Inc.	IL	Illini Corporation
Nov 5, 1993	Georgia Security Bank	GA	Premier Bank
Nov 5, 1993	Cullen Center Bank & Trust	TX	Frost Bank
Nov 5, 1993	Illini Bank-East	IL	Illini Bank
Nov 5, 1993	Illini Bank of Menard County	IL	Illini Bank
Nov 5, 1993	Illini Bank - North	IL	Illini Bank
Nov 4, 1993	Spring National Bank	TX	Compass Bank
Nov 2, 1993	Colorado Western Bancorp, Inc.	CO	Banc One Colorado Corporation
Nov 2, 1993	Glacier P E Federal Credit Union	MT	1st Liberty Federal Credit Union
Nov 1, 1993	Midwest Commerce Insurance Corp	IN	NBD Bank
Nov 1, 1993	Bally's Federal Credit Union	NV	WestStar Credit Union
Nov 1, 1993	National City Bank, Lexington	KY	National City Bank of Kentucky
Nov 1, 1993	Calmat Employees Federal Credit Union	CA	Kinecta Federal Credit Union
Nov 1, 1993	The Chicago Public Library Employees Credit Union	IL	Chicago Municipal Employees Credit Union
Nov 1, 1993	Bank Midwest	IA	Bank Midwest, Minnesota Iowa, National Association
Nov 1, 1993	First American Bank of Georgia N.A. (In Liquidation)	GA	First Union National Bank of Georgia
Nov 1, 1993	Roll Forming Corporation Employees Federal Credit Union	KY	Autotruck Financial Credit Union
Nov 1, 1993	Texsteam Employees Credit Union	TX	Smart Financial Credit Union
Nov 1, 1993	Sacred Heart Parish Federal Credit Union	TX	Sacred Heart Parish Hallettsville Federal Credit Union
Nov 1, 1993	Huron Federal Credit Union	MI	Genisys Credit Union dba Genisys Investment Services
Nov 1, 1993	Milford Stitching Employees Federal Credit Union	DE	Dover Federal Credit Union
Nov 1, 1993	Corn Belt State Bank	IA	Union National Bank
Nov 1, 1993	Town and Country Credit Union	IL	Financial Plus Credit Union
Nov 1, 1993	Moultrie Container Empl Cu	GA	Multiple Employee Group Federal Credit Union
Nov 1, 1993	A & M Records Employees Federal Credit Union	CA	First Entertainment Credit Union
Nov 1, 1993	Fishburns Employee Federal Credit Union	TX	A New Direction Credit Union
Nov 1, 1993	Ocaw I U Local 4 447 Fcu	LA	Total Choice Federal Credit Union
Nov 1, 1993	Larimer Bancorporation, Inc.	CO	First National of Colorado, Inc.
Oct 31, 1993	Cleco Employees Credit Union, Inc.	OH	B F G Federal Credit Union
Oct 30, 1993	Equimanagement, Inc.	PA	Integra Financial Corporation
Oct 30, 1993	Liberty Bank of Midwest City, National Association	OK	Bank One, Oklahoma, National Association
Oct 30, 1993	FirsTier Savings Bank, F. S. B.	NE	First Bank National Association
Oct 30, 1993	Wasatch Bancorp, Inc.	UT	Zions Bancorporation
Oct 30, 1993	Farmers State Bank of Dows	IA	United Bank and Trust Company
Oct 30, 1993	Sugar Creek National Bank	TX	Comerica Bank - Texas
Oct 30, 1993	Wasatch Bank	UT	Zions Bancorporation, N.A.
Oct 30, 1993	FirstBank, National Association	AR	Boatmen's National Bank of Northwest Arkansas

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.

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