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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
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
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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