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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
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
May 19, 1993 FRB First Pacific Bancorp, Inc. Civil Money Penalty $12,500: Leonard S. Sands
May 19, 1993 FRB First Pacific Bancorp, Inc. Cease and Desist Order: Ada P. Sands
May 19, 1993 FRB Missouri State Financial Corporation Written Agreement: Missouri State Financial Corporation, St. Louis, MO
May 18, 1993 OCC Humble National Bank Civil Money Penalty (CMP): Foster, A.J.
May 18, 1993 OCC_OTS Davy Crockett Federal Savings & Loan Association Orders of Removal/Prohibition: John H. Stowe
May 17, 1993 OCC The First National Bank of Pontotoc Civil Money Penalty (CMP): Doty, J. Richard
May 14, 1993 OCC The Riggs National Bank of Washington, D. C. Formal Agreement: Riggs National Bank Of Washington, D.C.
May 14, 1993 OCC_OTS (individual) Cease and Desist: Kent Grusendorf
May 13, 1993 OCC Alvarado National Bank Civil Money Penalty (CMP): Roten, Billy C.
May 13, 1993 OCC_OTS Home Savings and Loan Association Orders of Removal/Prohibition: Nita F. Young
May 13, 1993 OCC Alvarado National Bank Civil Money Penalty (CMP): Roten, Joyce
May 13, 1993 OCC BayBank Connecticut, National Association Formal Agreement: Baybank Connecticut,, N.A.
May 13, 1993 OCC_OTS (individual) Orders of Removal/Prohibition: Mark A. Campbell
May 13, 1993 OCC Alvarado National Bank Civil Money Penalty (CMP): Bryant, Alfred
May 13, 1993 OCC Alvarado National Bank Civil Money Penalty (CMP): Laseman, Glenda
May 7, 1993 OCC_OTS First Savings and Loan Association Supervisory Agreement: The First Savings and Loan Association
May 6, 1993 OCC Capital One, N.A. Civil Money Penalty (CMP): Russell, O.C.
May 6, 1993 OCC_OTS First Federal Savings and Loan Association of Giles Co Civil Money Penalty: George M. Magnusson
May 6, 1993 OCC_OTS First Federal Savings and Loan Association of Giles Co Orders of Removal/Prohibition: George Michael Magnusson
May 5, 1993 OCC_OTS Western Federal Savings and Loan Association Civil Money Penalty: Richard Krohn
May 5, 1993 OCC_OTS (individual) Cease and Desist: Regional S&L Investors, Inc.
May 4, 1993 FRB Purdy Bancshares, Inc. Cease and Desist Order: Glen Garrett
May 4, 1993 FRB Freedom Valley Bank Civil Money Penalty $750: Frank P. LeMaster
May 4, 1993 OCC_OTS The Dime Savings Bank of New York, FSB Orders of Removal/Prohibition: Robert G. Turner
May 4, 1993 OCC_OTS The Dime Savings Bank of New York, FSB Civil Money Penalty: Robert G. Turner
May 4, 1993 OCC_OTS The Dime Savings Bank of New York, FSB Cease and Desist: Robert G. Turner
May 4, 1993 OCC Humble National Bank Civil Money Penalty (CMP): Smith, James L.
May 4, 1993 FRB Country Hill Bank Cease and Desist Order: Country Hill Bank, Lenexa, KS
May 4, 1993 FRB Purdy Bancshares, Inc. Cease and Desist Order: Purdy Bancshares, Inc., Purdy, MO
May 3, 1993 OCC Southwest National Bank Civil Money Penalty (CMP): Cunningham, Glenn
May 3, 1993 OCC Southwest National Bank Civil Money Penalty (CMP): Harrington, Brian
May 3, 1993 OCC Southwest National Bank Civil Money Penalty (CMP): Korenek, Albert
May 3, 1993 OCC Southwest National Bank Civil Money Penalty (CMP): O'Donnell, Richard
May 3, 1993 OCC Southwest National Bank Civil Money Penalty (CMP): York, Bryon P.
May 3, 1993 OCC United National Bank Formal Agreement: United National Bank
May 3, 1993 OCC_OTS Fidelity Federal Savings Bank Civil Money Penalty: Robert Keith
May 3, 1993 OCC Southwest National Bank Civil Money Penalty (CMP): Pitman, Gene
May 3, 1993 OCC_OTS Fidelity Federal Savings Bank Cease and Desist: Robert Keith
May 3, 1993 OCC_OTS Griffin Federal Savings Bank Cease and Desist: Griffin FSB
Apr 29, 1993 OCC CITIC Ka Wah Bank Limited Formal Agreement: Citic Ka Wah Bank Limited
Apr 29, 1993 OCC_OTS Inter Savings Bank, Federal Savings Bank Supervisory Agreement: Inter Savings Bank, fsb
Apr 29, 1993 OCC_OTS (individual) Orders of Removal/Prohibition: Charlotte A. VandeVelden
Apr 28, 1993 OCC Harbor National Bank of Connecticut C&D or PC&D Requiring Restitution: Caporale, Michael R.
Apr 28, 1993 OCC Summit National Bank Civil Money Penalty (CMP): Kolok, Paul
Apr 28, 1993 OCC Security National Bank Formal Agreement: Security National Bank
Apr 28, 1993 OCC The National Bank of Walton County Formal Agreement: The National Bank Of Walton County
Apr 28, 1993 OCC Harbor National Bank of Connecticut Prohibition/Removal Orders: Caporale, Michael R.
Apr 27, 1993 OCC_OTS (individual) Orders of Removal/Prohibition: Michael S. Lang
Apr 27, 1993 OCC Summit National Bank Prohibition/Removal Orders: Kolok, Paul
Apr 27, 1993 OCC (individual) Prohibition/Removal Orders: Catucci, Vito P.

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