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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
Oct 1, 1993 Advantage Bank for Savings MA Pioneer Financial, A Cooperative Bank
Oct 1, 1993 MNC Financial, Inc. MD Bank of America Corporation
Oct 1, 1993 Catholic Cemetaries Dio of Cleve Employees Federal Credit Union OH Saints Margaret & Gregory Federal Credit Union
Oct 1, 1993 7213 Telco Credit Union MN Topline Financial Credit Union
Sep 30, 1993 First American Metro Corp. VA Wachovia Corporation
Sep 30, 1993 Northeast Concerned Christians Credit Union OK Credit Union One of Oklahoma
Sep 30, 1993 Merced County Grangers Federal Credit Union CA Fresno Grangers Federal Credit Union
Sep 30, 1993 Keystone Printing Credit Union IL Community Trust Credit Union
Sep 30, 1993 Phillips University Federal Credit Union OK Communication Federal Credit Union
Sep 30, 1993 Virginia Bankshares Inc VA First Union Corporation of Virginia
Sep 30, 1993 South Alabama Bancorporation, Inc. AL Banctrust Financial Group, Inc.
Sep 30, 1993 Marquette Credit Union MA Gfa Federal Credit Union
Sep 29, 1993 First State Bank WI Citizens State Bank
Sep 27, 1993 WesBanco Bank New Martinsville WV WesBanco Bank, Inc.
Sep 27, 1993 Polish Union of America Federal Credit Union NY St. Johns Buffalo Federal Credit Union
Sep 27, 1993 WesBanco Bank Sistersville WV WesBanco Bank, Inc.
Sep 26, 1993 Jostens Employees Credit Union TN Ascend Federal Credit Union
Sep 25, 1993 The Bank of San Antonio/Medical Center TX Compass Bank-San Antonio
Sep 25, 1993 Button Gwinnett National Bank GA Mountain National Bank
Sep 25, 1993 Cal-West National Bank CA Overland Bank
Sep 25, 1993 Community Bank & Trust of Ritchie County, Inc. WV Community Bank & Trust
Sep 25, 1993 Frontier State Bank TX Camino Real Bank, National Association
Sep 25, 1993 Frio National Bank TX Camino Real Bank, National Association
Sep 24, 1993 Pioneer Savings Bank, Inc. NC First-Citizens Bank & Trust Company
Sep 24, 1993 East Dubuque Investment Corporation IL East Dubuque Bancshares, Inc.
Sep 24, 1993 State Bank of Conger (Incorporated) MN American Bank of the North
Sep 24, 1993 Park Ridge Bancshares, Inc. WI F & M Merger Corporation
Sep 24, 1993 State Bank of Conger (Incorporated) MN Americana National Bank
Sep 23, 1993 Marcus Whitman Federal Credit Union NY Canandaigua Federal Credit Union
Sep 22, 1993 Utica Community Federal Credit Union NY G.P.O. Federal Credit Union
Sep 18, 1993 Commercial Landmark Corporation OK IV Commercial Acquisition, Inc.
Sep 18, 1993 Commercial Bank and Trust Company OK Boatmen's National Bank of Oklahoma
Sep 18, 1993 Star Bank, Preble County OH U.S. Bank N.A.
Sep 18, 1993 Commercial Bank & Trust Co. of Tulsa OK Boatmen's National Bank of Oklahoma
Sep 18, 1993 Lovell National Bank WY First Bank of Wyoming
Sep 18, 1993 U.S. Shoe Flemingsburg Federal Credit Union KY Members Trust Federal Credit Union
Sep 18, 1993 First Bank and Trust Co. of Tahlequah OK Boatmen's National Bank of Oklahoma
Sep 18, 1993 Star Bank, National Association, Troy OH U.S. Bank N.A.
Sep 18, 1993 First Bank & Trust Co. of Fort Gibson OK Boatmen's National Bank of Oklahoma
Sep 18, 1993 The Farmers and Merchants National Bank of Hamilton VA F&M Bank-Winchester
Sep 17, 1993 Harvest Bancorp, Inc. VA The Farmers and Merchants National Bank of Hamilton
Sep 17, 1993 Crown Charter National Bank TX Fidelity Bank, National Association
Sep 15, 1993 First State Bank Chokio MN United Farmers & Merchants State Bank
Sep 13, 1993 Parkway Bank KS Mark Twain Kansas Bank
Sep 13, 1993 The Farmers National Bank of Ridgeway MO Bank Northwest
Sep 13, 1993 Crawford State Bank NE Security First Bank
Sep 11, 1993 Keystone Bancshares, Incorporated IA Freedombank Shares, Inc.
Sep 11, 1993 Beaver Trust Company PA First Western Bank, National Association
Sep 11, 1993 CB&T-Westover Bank, Inc. WV United Bank
Sep 10, 1993 INB Banking Company IN NBD Bank, National Association

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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