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.
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 | Acquirer |
|---|---|---|
| Sep 1, 1993 | Orange Coast Federal Credit Union | Orange County's Federal Credit Union |
| Aug 31, 1993 | Celebration Mission Coun Cu | Tampa Bay Federal Credit Union |
| Aug 31, 1993 | McCrosky Employees Federal Credit Union | One Federal Credit Union |
| Aug 31, 1993 | O.S.I.A #687 Cu | Citadel Federal Credit Union |
| Aug 31, 1993 | Financial FS&LA Dade County | Chase Federal Bank, a Federal Savings Bank |
| Aug 31, 1993 | Cherry Valley Bancshares, Inc. | First Bank of Arkansas |
| Aug 28, 1993 | Republic Bank of Nebraska | First National Bank & Trust Company of Columbus |
| Aug 28, 1993 | Vernon Brodt Mem Cu | Peoples Credit Union |
| Aug 28, 1993 | The Commercial State Bank | Fredonia State Bank |
| Aug 28, 1993 | Edenton Savings and Loan Association | Truist Bank |
| Aug 28, 1993 | FirstBank, Farmington, New Mexico | Bank of the Southwest |
| Aug 27, 1993 | Winchester National Bank | First Bank |
| Aug 27, 1993 | First Bank | First Bank |
| Aug 27, 1993 | Desert Southwest Community Bancorp | First Security Corporation |
| Aug 26, 1993 | Fidelcor, Inc. | First Fidelity Incorporated |
| Aug 24, 1993 | The Glenway Loan and Deposit Company | Centennial Bank |
| Aug 23, 1993 | FirstBank of Denver, National Association | FirstBank of Tech Center |
| Aug 23, 1993 | FirstBank of Longmont, National Association | FirstBank of Longmont |
| Aug 23, 1993 | FirstBank of Arapahoe County, National Association | FirstBank of Arapahoe County |
| Aug 23, 1993 | FirstBank of Lakewood, National Association | FirstBank of Lakewood |
| Aug 23, 1993 | (unnamed) | FirstBank of South Jeffco |
| Aug 23, 1993 | Society Bank & Trust | KeyBank N.A. |
| Aug 23, 1993 | FirstBank of Colorado, National Association | FirstBank of South Jeffco |
| Aug 21, 1993 | Star Bank, Central Ohio | U.S. Bank N.A. |
| Aug 21, 1993 | Mountain Plaza National Bank | Hilltop National Bank |
| Aug 20, 1993 | Commerce Bank, Man, Inc. | Huntington Bank Charleston N.A. |
| Aug 18, 1993 | Franklin First Financial Corp | Onbancorp, Inc. |
| Aug 16, 1993 | Proctor and Gamble Employees Credit Union | Northern Star Credit Union, Inc. |
| Aug 16, 1993 | Columbia National Bank | Columbia State Bank |
| Aug 16, 1993 | Bank of Windsor | Bank of Colorado-Front Range |
| Aug 16, 1993 | Columbia National Bankshares, Inc. | Columbia Banking System, Inc. |
| Aug 14, 1993 | Peoples Savings, Inc. | Peoples, Inc. |
| Aug 14, 1993 | CoreStates Hamilton Bank | Corestates Bank, National Association |
| Aug 14, 1993 | Carolina Savings Bank | Truist Bank |
| Aug 14, 1993 | American National Bank of Bensenville | American National Bank and Trust Company of Chicago |
| Aug 13, 1993 | Pike County Bank | SouthTrust Bank, National Association |
| Aug 13, 1993 | Saint Josephs Credit Union | Golden Plains Credit Union |
| Aug 13, 1993 | County Bancshares, Inc. | Southtrust of Covington County, Inc. |
| Aug 13, 1993 | INB Banking Company Southwest | NBD Bank, National Association |
| Aug 13, 1993 | (unnamed) | First Capital Bank |
| Aug 12, 1993 | Village Bank | First Fidelity Bank, National Association |
| Aug 12, 1993 | Parke Bancorp | First Financial Corporation |
| Aug 11, 1993 | National Community Banks, Inc. | B.N.Y. Holdings (New Jersey) Corporation |
| Aug 10, 1993 | Saint Barnabas Fcu | Nassau Financial Federal Credit Union |
| Aug 10, 1993 | Athens Bancorp, Inc. | Firstar Corporation of Wisconsin |
| Aug 9, 1993 | Firstar Bank Geneva, National Association | Firstar Bank Illinois |
| Aug 9, 1993 | Firstar North Shore Bank | Firstar Bank North Shore |
| Aug 7, 1993 | The First Bank and Trust Company of Mechanicsburg, Pa. | PNC Bank, N.A. |
| Aug 7, 1993 | Eureka Savings Bank, FSB | First Bank, Federal Savings Bank |
| Aug 7, 1993 | CCNB Bank, National Association | 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 |
|---|---|---|---|
| Jul 7, 1993 | FRB | (individual) | Written Agreement: Glendale Bancorporation, Voorhees, NJ |
| Jul 7, 1993 | OCC_OTS | Family First Funding LLC | Cease and Desist: Mario Errante |
| Jul 7, 1993 | OCC_OTS | Family First Funding LLC | Cease and Desist: Ronald L. Tobia |
| Jul 7, 1993 | OCC_OTS | (individual) | Cease and Desist: and Joseph M. Campisano Schwartz, Tobia, Stanziale |
| Jul 2, 1993 | OCC_OTS | Great Pacific Bank, s.s.b. | Orders of Removal/Prohibition: Richard A. Bryant |
| Jul 2, 1993 | OCC_OTS | Great Pacific Bank, s.s.b. | Cease and Desist: Richard A. Bryant |
| Jul 2, 1993 | OCC | Suburban National Bank of Woodfield | Prohibition/Removal Orders: Kasper, John B. |
| Jul 1, 1993 | OCC | Washington County National Bank | Formal Agreement: Washington County National Bank |
| Jul 1, 1993 | OCC | New Omni Bank, N.A. | Formal Agreement: Omni Bank, N.A. |
| Jun 30, 1993 | OCC | Rancho Santa Fe National Bank | Formal Agreement: Rancho Santa Fe National Bank |
| Jun 30, 1993 | OCC | The State National Bank of Garfield | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Johnson, Don |
| Jun 29, 1993 | OCC_OTS | Peerless Federal Savings Bank | Cease and Desist: Martin Lippeth |
| Jun 29, 1993 | OCC_OTS | First Savings of America, a Federal Savings and Loan Association | Cease and Desist: Roland B. Bonar |
| Jun 29, 1993 | OCC_OTS | Eagle Federal Bank for Savings | Orders of Removal/Prohibition: J.R. Curry, Sr. |
| Jun 29, 1993 | OCC_OTS | Eagle Federal Bank for Savings | Orders of Removal/Prohibition: B.W. Curry, III |
| Jun 29, 1993 | OCC_OTS | Peerless Federal Savings Bank | Civil Money Penalty: Martin Lippeth |
| Jun 29, 1993 | OCC_OTS | Eagle Federal Savings Bank for Savings | Civil Money Penalty: J.R., Sr. Curry |
| Jun 29, 1993 | OCC | Hacienda National Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Hacienda National Bank |
| Jun 29, 1993 | OCC_OTS | First Savings of America, a Federal Savings and Loan Association | Orders of Removal/Prohibition: Roland B. Bonar |
| Jun 29, 1993 | OCC_OTS | (individual) | Civil Money Penalty: B. W. Curry III |
| Jun 29, 1993 | FRB | Ohio Bancorp | Written Agreement: Ohio Bancorp and Dollar Savings and Trust Company, Youngstown, OH |
| Jun 28, 1993 | OCC | Metropolitan National Bank | Prohibition/Removal Orders: O'Connell, Michael A. |
| Jun 28, 1993 | OCC_OTS | Security Federal Savings and Loan Association | Orders of Removal/Prohibition: Paul Kolok |
| Jun 25, 1993 | OCC | First National Bank of Malden | Civil Money Penalty (CMP): Schuerenberg, Fred |
| Jun 25, 1993 | OCC | The First National Bank of Crosby | Civil Money Penalty (CMP): Solsrud, Glenn |
| Jun 25, 1993 | OCC | First-Taylor National Bank | Prohibition/Removal Orders: Parker, Dr. Carlos Dale |
| Jun 25, 1993 | OCC | First National Bank of Malden | Civil Money Penalty (CMP): Lawrence, Gaylon |
| Jun 25, 1993 | OCC | First National Bank of Malden | Civil Money Penalty (CMP): Murphy, Quincy |
| Jun 25, 1993 | OCC | First National Bank of Malden | Civil Money Penalty (CMP): Burnett, Donald |
| Jun 25, 1993 | OCC | First National Bank of Malden | Civil Money Penalty (CMP): Greer, Reggie |
| Jun 25, 1993 | OCC | First National Bank of Malden | Civil Money Penalty (CMP): Gregory, Donald |
| Jun 24, 1993 | OCC | United Citizens National Bank | Formal Agreement: United Citizens National Bank |
| Jun 24, 1993 | OCC | Inland Community Bank, National Association | Formal Agreement: Inland Community Bank, N.A. |
| Jun 23, 1993 | OCC_OTS | West Essex Bancorp, Inc. | Orders of Removal/Prohibition: Maria Crane |
| Jun 23, 1993 | OCC_OTS | Security Federal Savings and Loan Association | Cease and Desist: Paul Kolok |
| Jun 21, 1993 | OCC_OTS | Spencer Savings Bank, Savings and Loan Association | Supervisory Agreement: Douglas C. Duess |
| Jun 21, 1993 | OCC_OTS | Firstbanc Savings of Texas | Cease and Desist: Firstbanc Savings Association of Texas |
| Jun 21, 1993 | OCC | Vineyard National Bancorp | Civil Money Penalty (CMP): Sensenbach, Steven R. |
| Jun 21, 1993 | OCC | First Community Bank, N.A. | Formal Agreement: Lake Area National Bank |
| Jun 21, 1993 | OCC_OTS | Firstbanc Savings of Texas | Cease and Desist: Michael E. Casey |
| Jun 17, 1993 | OCC | Riverside National Bank | Formal Agreement: Riverside National Bank |
| Jun 17, 1993 | OCC | The First National Bank of Bonham | Civil Money Penalty (CMP): Williams, Mary Ann |
| Jun 17, 1993 | OCC | The First National Bank of Bonham | Civil Money Penalty (CMP): Dawson, James A. |
| Jun 17, 1993 | OCC_OTS | (individual) | Cease and Desist: Elena Lee |
| Jun 16, 1993 | OCC | The First National Bank of Northfield | Formal Agreement: The First National Bank Of Northfield |
| Jun 16, 1993 | OCC | The First National Bank in Cannon Falls | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): First National Bank in Cannon Falls |
| Jun 15, 1993 | OCC | Valley National Bank of Fremont County | Civil Money Penalty (CMP): Hampton, Trenton |
| Jun 15, 1993 | OCC | Valley National Bank of Fremont County | Prohibition/Removal Orders: Hampton, Trenton |
| Jun 15, 1993 | OCC | Summit National Bank | Civil Money Penalty (CMP): Cordani, Raymond |
| Jun 15, 1993 | OCC | Summit National Bank | Prohibition/Removal Orders: Cordani, Raymond |
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