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
Dec 1, 1993	VMS Employees Federal Credit Union	MT	Homestead Federal Credit Union
Dec 1, 1993	Miller High Life Employees Federal Credit Union	CA	Pacific Community Credit Union
Dec 1, 1993	Cat Fcu	GA	Fidelity Federal Credit Union
Dec 1, 1993	Liberty Credit Union	IL	Oak Trust Credit Union
Dec 1, 1993	First Ohio Student Federal Credit Union	OH	Wright-Patt Credit Union, Inc.
Dec 1, 1993	The Bank of St. Joseph	MO	First Bank of Missouri
Dec 1, 1993	First Essex Bancorp of New Hampshire Inc	NH	First Essex Bancorp Inc
Dec 1, 1993	Safracorp California	CA	Republic New York Corporation
Dec 1, 1993	Hawthorne Credit Union	WI	Douglas County Credit Union
Dec 1, 1993	First Montgomery Bank of Maryland	MD	Sandy Spring Bank
Dec 1, 1993	The Watsontown National Bank	PA	Sun Bank
Dec 1, 1993	Citizens State Bank	WI	Amcore Bank, National Association, South Central
Dec 1, 1993	Cosco Federal Credit Union	IN	Centra Credit Union
Dec 1, 1993	Midwest National Bank	OK	Bank One, Oklahoma, National Association
Dec 1, 1993	Vectra Bank of Englewood	CO	Vectra Bank
Dec 1, 1993	Midwest National Bancshares, Inc.	OK	Liberty Bancorp, Inc.
Dec 1, 1993	Grant County Farm Bureau Cooperative Credit Union	IN	Beacon Credit Union
Dec 1, 1993	Jefferson National Bank at Sunny Isles	FL	Jefferson Bank of Florida
Dec 1, 1993	C&S/Sovran Corporation	GA	Bank of America Corporation
Dec 1, 1993	Citizens Bank and Trust Company	MO	First Bank of Missouri
Dec 1, 1993	First Essex Savings Bank of New Hampshire	NH	First Essex Bank
Dec 1, 1993	American Hoechst Federal Credit Union	NJ	Sharonview Federal Credit Union
Dec 1, 1993	American Home Savings and Loan Association	MO	First Bank, A Federal Savings Bank
Nov 30, 1993	Sixth Mount Zion Federal Credit Union	PA	Greater Pittsburgh Federal Credit Union
Nov 30, 1993	Commercial State Bank of Orlando	FL	SouthTrust Bank of Orlando
Nov 30, 1993	Commerce Financial Corporation	AR	First United Bancshares, Inc.
Nov 30, 1993	First Amarillo Bancorporation, Inc.	TX	Boatmen's Texas, Inc.
Nov 27, 1993	First Bank of Lafayette, A FSB	IN	The Huntington National Bank of Indiana
Nov 23, 1993	Sentry Savings and Loan Association	CT	Stamford Federal Savings Bank
Nov 23, 1993	Equitable Bank, National Association	TX	Equitable Bank
Nov 20, 1993	Continental Bancorporation	NV	First Security Corporation
Nov 20, 1993	Community Bank & Trust	WV	Huntington National Bank West Virginia
Nov 20, 1993	First National Financial Corporation	NM	First Security Corporation
Nov 20, 1993	City National Bank of Cedar Rapids	IA	Mercantile Bank of Cedar Rapids, Iowa
Nov 20, 1993	Prime Bank	IN	Lake City Bank
Nov 20, 1993	Citywide Bank of Applewood	CO	Goldenbank, Applewood
Nov 20, 1993	Notre Dame Federal Credit Union	MI	Wayne-Westland Federal Credit Union
Nov 20, 1993	Gateway Federal Savings Bank	OH	PNC Bank, Ohio, National Association
Nov 20, 1993	Texas Commerce Bank-Odessa, National Association	TX	Chase Bank of Texas, National Association
Nov 20, 1993	(unnamed)	—	Southern Crescent Bank
Nov 20, 1993	CB&T Clarksburg Corp.	WV	Huntington Bancshares West Virginia, Inc.
Nov 20, 1993	Texas Commerce Bank - El Paso, National Association	TX	Chase Bank of Texas, National Association
Nov 20, 1993	Texas Commerce Bank-Midland, National Association	TX	Chase Bank of Texas, National Association
Nov 19, 1993	Ralston Bank	NE	Wells Fargo Bank Nebraska, National Association
Nov 19, 1993	Stemmons Northwest Bank, National Association	TX	Fidelity Bank, National Association
Nov 18, 1993	M.G. Bancorporation, Inc.	IL	Founders Group, Inc.
Nov 18, 1993	The Byers State Bank	CO	The First National Bank of Strasburg
Nov 17, 1993	Community Bank of Greater Peoria	IL	Magna Bank, National Association
Nov 16, 1993	Altenburg Bancorp, Inc.	MO	Lincoln County Bancorp, Inc.
Nov 15, 1993	Citizens Savings Bank, SSB	NC	CCB Savings Bank of Lenoir, Inc., SSB

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

Enforcement Actions in 1993

Action date	Agency	Institution	Action
Jul 29, 1993	OCC_OTS	(individual)	Civil Money Penalty: Allen L. White
Jul 29, 1993	OCC_OTS	(individual)	Cease and Desist: Phillip J. DeWald
Jul 28, 1993	FRB	Commerce Exchange Corporation	Written Agreement: Commerce Exchange Bank, Beachwood, OH
Jul 28, 1993	OCC	First Premier Bank	Formal Agreement: First Premier Bank National Association
Jul 28, 1993	OCC_OTS	(individual)	Civil Money Penalty: Richard J. Herzig
Jul 28, 1993	OCC_OTS	(individual)	Civil Money Penalty: J. Richard Gray
Jul 27, 1993	OCC	Continental National Bank of Miami	Civil Money Penalty (CMP): Mendoza, Victor Lopez De
Jul 26, 1993	OCC	Suburban National Bank of Woodfield	Civil Money Penalty (CMP): Kasper, John B.
Jul 26, 1993	OCC	Bankers Trust of Louisiana, N.A.	Civil Money Penalty (CMP): Bryan, Ronnie D.
Jul 26, 1993	OCC_OTS	Labe Federal Savings and Loan Association	Supervisory Agreement: Labe Federal Savings and Loan Association
Jul 26, 1993	OCC	First National Bank in Albuquerque	Civil Money Penalty (CMP): Corzine, Norman R.
Jul 23, 1993	OCC	The Citizens National Bank of Hammond	C&D or PC&D Requiring Restitution: Farley, Richard F.
Jul 23, 1993	OCC	The Citizens National Bank of Hammond	Prohibition/Removal Orders: Farley, Richard F.
Jul 23, 1993	OCC	The Citizens National Bank of Hammond	Civil Money Penalty (CMP): Farley, Richard F.
Jul 22, 1993	OCC_OTS	First Northern Savings and Loan Association	Supervisory Agreement: First Northern Savings and Loan Association
Jul 22, 1993	OCC	The Edgartown National Bank	Formal Agreement: Edgartown National Bank, The
Jul 21, 1993	OCC	The First National Bank of Newell	Formal Agreement: The First National Bank Of Newell
Jul 20, 1993	FRB	(individual)	Prohibition from Banking: Paul D. Cochran
Jul 19, 1993	OCC_OTS	(individual)	Cease and Desist: HomeFed Bank, FSB (HomeFed Corp)
Jul 19, 1993	OCC	The First National Bank of Bonham	Civil Money Penalty (CMP): Latham, John
Jul 19, 1993	OCC	American West Bank, National Association	Formal Agreement: American West Bank National Association
Jul 16, 1993	OCC_OTS	Bayside Federal Savings and Loan Association	Cease and Desist: Bayside FS&LA
Jul 16, 1993	OCC_OTS	(individual)	Orders of Removal/Prohibition: Robert J. Kielty
Jul 16, 1993	OCC	Continental National Bank of Miami	Civil Money Penalty (CMP): Mestre, Ramon
Jul 16, 1993	OCC_OTS	Lincoln Savings and Loan Association, F.A.	Cease and Desist: Michael L. Gardner
Jul 15, 1993	OCC	First Charter Bank, National Association	Prompt Corrective Action (PCA) Directive: First Charter Bank N.A.
Jul 15, 1993	OCC	First Charter Bank, National Association	Prompt Corrective Action (PCA) Directive: First Charter Bank, N.A.
Jul 14, 1993	OCC	The Old Point National Bank of Phoebus	Formal Agreement: Old Point National Bank Of Phoebus
Jul 14, 1993	OCC	Sears National Bank	Civil Money Penalty (CMP): McFarland, Timothy J.
Jul 13, 1993	OCC_OTS	(individual)	Cease and Desist: Ronald E. Scherer
Jul 13, 1993	FRB	First Pacific Bancorp, Inc.	Civil Money Penalty $5,000: Dan S. Geiger
Jul 13, 1993	FRB	Colonial Bancshares, Inc.	Cease and Desist Order: Kenneth Tiemeyer
Jul 13, 1993	FRB	Colonial Bancshares, Inc.	Cease and Desist Order: Kenneth Davis
Jul 13, 1993	FRB	Colonial Bancshares, Inc.	Cease and Desist Order: John Weber
Jul 13, 1993	FRB	International Bancshares, Inc.	Cease and Desist Order: International Bancshares, Inc., Gladstone, MS
Jul 13, 1993	FRB	Dollar Savings Association	Cease and Desist Order: Dollar Savings and Trust Company, Youngstown, OH
Jul 13, 1993	FRB	Colonial Bancshares, Inc.	Cease and Desist Order: Colonial Bancshares, Inc., Des Peres, MO
Jul 13, 1993	OCC	The Rushville National Bank	Prohibition/Removal Orders: Halteman, Jay
Jul 13, 1993	OCC	The Rushville National Bank	Civil Money Penalty (CMP): Halteman, Jay
Jul 12, 1993	OCC_OTS	Colonial Holding Company LTD	Orders of Removal/Prohibition: Theodore F. di Stefano
Jul 9, 1993	OCC	Citizens First Trust Company, LLC	Civil Money Penalty (CMP): Padgett, James L.
Jul 9, 1993	OCC	Community National Bank of Okarche	Civil Money Penalty (CMP): Ott, Brad
Jul 8, 1993	OCC_OTS	Continental Savings, a Federal Savings & Loan Association	Orders of Removal/Prohibition: W. Carroll Kelly Jr.
Jul 8, 1993	OCC_OTS	(individual)	Cease and Desist: Jack Brent
Jul 7, 1993	OCC_OTS	Family First Funding LLC	Civil Money Penalty: Joseph A. Servidon
Jul 7, 1993	OCC_OTS	Family First Funding LLC	Civil Money Penalty: Mario Errante
Jul 7, 1993	OCC_OTS	Family First Funding LLC	Civil Money Penalty: Ronald L. Tobia
Jul 7, 1993	OCC_OTS	(individual)	Orders of Removal/Prohibition: Georgia L. Marsh
Jul 7, 1993	FRB	American Pacific Bank	Written Agreement: American Pacific Bank, Aumsville, OR
Jul 7, 1993	OCC_OTS	Family First Funding LLC	Cease and Desist: Joseph A. Servidon

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