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 |
|---|---|---|
| Dec 1, 1993 | VMS Employees Federal Credit Union | Homestead Federal Credit Union |
| Dec 1, 1993 | Miller High Life Employees Federal Credit Union | Pacific Community Credit Union |
| Dec 1, 1993 | Cat Fcu | Fidelity Federal Credit Union |
| Dec 1, 1993 | Liberty Credit Union | Oak Trust Credit Union |
| Dec 1, 1993 | First Ohio Student Federal Credit Union | Wright-Patt Credit Union, Inc. |
| Dec 1, 1993 | The Bank of St. Joseph | First Bank of Missouri |
| Dec 1, 1993 | First Essex Bancorp of New Hampshire Inc | First Essex Bancorp Inc |
| Dec 1, 1993 | Safracorp California | Republic New York Corporation |
| Dec 1, 1993 | Hawthorne Credit Union | Douglas County Credit Union |
| Dec 1, 1993 | First Montgomery Bank of Maryland | Sandy Spring Bank |
| Dec 1, 1993 | The Watsontown National Bank | Sun Bank |
| Dec 1, 1993 | Citizens State Bank | Amcore Bank, National Association, South Central |
| Dec 1, 1993 | Cosco Federal Credit Union | Centra Credit Union |
| Dec 1, 1993 | Midwest National Bank | Bank One, Oklahoma, National Association |
| Dec 1, 1993 | Vectra Bank of Englewood | Vectra Bank |
| Dec 1, 1993 | Midwest National Bancshares, Inc. | Liberty Bancorp, Inc. |
| Dec 1, 1993 | Grant County Farm Bureau Cooperative Credit Union | Beacon Credit Union |
| Dec 1, 1993 | Jefferson National Bank at Sunny Isles | Jefferson Bank of Florida |
| Dec 1, 1993 | C&S/Sovran Corporation | Bank of America Corporation |
| Dec 1, 1993 | Citizens Bank and Trust Company | First Bank of Missouri |
| Dec 1, 1993 | First Essex Savings Bank of New Hampshire | First Essex Bank |
| Dec 1, 1993 | American Hoechst Federal Credit Union | Sharonview Federal Credit Union |
| Dec 1, 1993 | American Home Savings and Loan Association | First Bank, A Federal Savings Bank |
| Nov 30, 1993 | Sixth Mount Zion Federal Credit Union | Greater Pittsburgh Federal Credit Union |
| Nov 30, 1993 | Commercial State Bank of Orlando | SouthTrust Bank of Orlando |
| Nov 30, 1993 | Commerce Financial Corporation | First United Bancshares, Inc. |
| Nov 30, 1993 | First Amarillo Bancorporation, Inc. | Boatmen's Texas, Inc. |
| Nov 27, 1993 | First Bank of Lafayette, A FSB | The Huntington National Bank of Indiana |
| Nov 23, 1993 | Sentry Savings and Loan Association | Stamford Federal Savings Bank |
| Nov 23, 1993 | Equitable Bank, National Association | Equitable Bank |
| Nov 20, 1993 | Continental Bancorporation | First Security Corporation |
| Nov 20, 1993 | Community Bank & Trust | Huntington National Bank West Virginia |
| Nov 20, 1993 | First National Financial Corporation | First Security Corporation |
| Nov 20, 1993 | City National Bank of Cedar Rapids | Mercantile Bank of Cedar Rapids, Iowa |
| Nov 20, 1993 | Prime Bank | Lake City Bank |
| Nov 20, 1993 | Citywide Bank of Applewood | Goldenbank, Applewood |
| Nov 20, 1993 | Notre Dame Federal Credit Union | Wayne-Westland Federal Credit Union |
| Nov 20, 1993 | Gateway Federal Savings Bank | PNC Bank, Ohio, National Association |
| Nov 20, 1993 | Texas Commerce Bank-Odessa, National Association | Chase Bank of Texas, National Association |
| Nov 20, 1993 | (unnamed) | Southern Crescent Bank |
| Nov 20, 1993 | CB&T Clarksburg Corp. | Huntington Bancshares West Virginia, Inc. |
| Nov 20, 1993 | Texas Commerce Bank - El Paso, National Association | Chase Bank of Texas, National Association |
| Nov 20, 1993 | Texas Commerce Bank-Midland, National Association | Chase Bank of Texas, National Association |
| Nov 19, 1993 | Ralston Bank | Wells Fargo Bank Nebraska, National Association |
| Nov 19, 1993 | Stemmons Northwest Bank, National Association | Fidelity Bank, National Association |
| Nov 18, 1993 | M.G. Bancorporation, Inc. | Founders Group, Inc. |
| Nov 18, 1993 | The Byers State Bank | The First National Bank of Strasburg |
| Nov 17, 1993 | Community Bank of Greater Peoria | Magna Bank, National Association |
| Nov 16, 1993 | Altenburg Bancorp, Inc. | Lincoln County Bancorp, Inc. |
| Nov 15, 1993 | Citizens Savings Bank, SSB | 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 |
|---|---|---|---|
| Apr 27, 1993 | OCC | (individual) | Prohibition/Removal Orders: Barbieri, Vincentina J. |
| Apr 27, 1993 | OCC | (individual) | Prohibition/Removal Orders: Barbieri, Richard D. |
| Apr 27, 1993 | OCC | Harbor National Bank of Connecticut | Civil Money Penalty (CMP): Sivilla, Matthew |
| Apr 27, 1993 | OCC | Harbor National Bank of Connecticut | Civil Money Penalty (CMP): Franco, John J. |
| Apr 27, 1993 | FRB | Farmers and Merchants Bank of Long Beach | Civil Money Penalty $15,000: Charles W. Hagan |
| Apr 27, 1993 | FRB | Farmers and Merchants Bank of Long Beach | Civil Money Penalty $15,000: Kenneth G. Walker |
| Apr 27, 1993 | OCC | Enfield National Bank | C&D or PC&D Requiring Restitution: Barbieri, Richard D. |
| Apr 27, 1993 | OCC | Harbor National Bank of Connecticut | C&D or PC&D Requiring Restitution: Barbieri, Richard D. |
| Apr 27, 1993 | OCC | (individual) | C&D or PC&D Requiring Restitution: Barbieri, Richard D. |
| Apr 27, 1993 | OCC | Summit National Bank | C&D or PC&D Requiring Restitution: Barbieri, Richard D. |
| Apr 27, 1993 | OCC | (individual) | C&D or PC&D Requiring Restitution: Barbieri, Vincentina |
| Apr 27, 1993 | OCC | (individual) | C&D or PC&D Requiring Restitution: Catucci, Vito |
| Apr 27, 1993 | OCC | (individual) | C&D or PC&D Requiring Restitution: Cicarelli, Robert P. |
| Apr 27, 1993 | OCC | (individual) | C&D or PC&D Requiring Restitution: Corpaci, John A. |
| Apr 27, 1993 | OCC | Enfield National Bank | Civil Money Penalty (CMP): Beiletti, John P. |
| Apr 27, 1993 | OCC_OTS | (individual) | Orders of Removal/Prohibition: Rhonda S. Lang |
| Apr 27, 1993 | OCC_OTS | Colorado Springs Savings and Loan Association | Supervisory Agreement: Colorado Springs SLA |
| Apr 20, 1993 | OCC | Humble National Bank | Civil Money Penalty (CMP): Archer, v. Wilson |
| Apr 20, 1993 | OCC | Humble National Bank | Civil Money Penalty (CMP): Stefek, John |
| Apr 20, 1993 | OCC | Texas National Bank | Prohibition/Removal Orders: Knoerzer, John S. |
| Apr 19, 1993 | OCC_OTS | Security Federal Savings and Loan Association | Cease and Desist: Domenic Daddona |
| Apr 19, 1993 | OCC | Harbor National Bank of Connecticut | Prohibition/Removal Orders: Sivilla, Matthew A. |
| Apr 19, 1993 | OCC | Capital One, N.A. | Civil Money Penalty (CMP): Shaw, Charles J. |
| Apr 19, 1993 | OCC | Capital One, N.A. | Civil Money Penalty (CMP): Petrey, Charles L. |
| Apr 19, 1993 | OCC | Capital One, N.A. | Civil Money Penalty (CMP): Miler, Martin C. |
| Apr 19, 1993 | OCC | Capital One, N.A. | Civil Money Penalty (CMP): Bidleman, Jerry L. |
| Apr 19, 1993 | OCC_OTS | Lincoln Savings and Loan Association, F.A. | Orders of Removal/Prohibition: William J. Schilling |
| Apr 19, 1993 | OCC_OTS | Security Federal Savings and Loan Association | Orders of Removal/Prohibition: Domenic Daddona |
| Apr 15, 1993 | OCC | Harbor National Bank of Connecticut | Civil Money Penalty (CMP): Carpinella, Ralph H. |
| Apr 15, 1993 | OCC | Highlands Community Bank, N.A. | Civil Money Penalty (CMP): Benner, M. William |
| Apr 15, 1993 | FRB | Pacific Inland Bancorp | Cease and Desist Order: Pacific Inland Bancorp and Pacific Inland Bank, Anaheim, CA |
| Apr 15, 1993 | FRB | Silicon Valley Bank | Cease and Desist Order: Silicon Valley Bancshares and Silicon Valley Bank, Santa Clara, CA |
| Apr 15, 1993 | OCC | Highlands Community Bank, N.A. | Prohibition/Removal Orders: Benner, M. William |
| Apr 15, 1993 | OCC_OTS | Buckeye Federal Savings and Loan Association | Orders of Removal/Prohibition: Robert E. Sticker |
| Apr 14, 1993 | OCC | Enterprise National Bank of Palm Beach | Formal Agreement: Enterprise National Bank Of Palm Beach |
| Apr 14, 1993 | OCC_OTS | (individual) | Cease and Desist: First FSB of Denver |
| Apr 13, 1993 | OCC | Eastbank, N.A. | Formal Agreement: Eastbank, National Association |
| Apr 12, 1993 | OCC_OTS | Polifly Federal Savings and Loan Association | Orders of Removal/Prohibition: David Van Dam |
| Apr 12, 1993 | FRB | Perry County Bancorp Inc. | Written Agreement: Perry County Bancorp, Inc., and DuQuoin State Bank, DuQuoin, IL |
| Apr 9, 1993 | OCC | First National Bank | Formal Agreement: First National Bank And Trust |
| Apr 8, 1993 | OCC_OTS | Republic Bank & Trust Company | Civil Money Penalty: Republic Savings Bank |
| Apr 6, 1993 | OCC_OTS | Newport Federal Savings and Loan Association | Supervisory Agreement: Newport Federal SLA |
| Apr 5, 1993 | FRB | Southeast Capital Corporation | Written Agreement: Southeast Capital Corporation and Southeast Capital Corporation Employee Stock Option Plan, Idabel, … |
| Apr 5, 1993 | OCC_OTS | (individual) | Orders of Removal/Prohibition: James M. Haggard |
| Apr 5, 1993 | OCC_OTS | Texasbanc, FSB | Orders of Removal/Prohibition: Brad Mothersbaugh |
| Apr 5, 1993 | OCC | Parish National Corporation | Formal Agreement: Parish National Bank |
| Apr 5, 1993 | OCC | Security National Bank of Superior | Formal Agreement: Security National Bank Of Superior |
| Apr 3, 1993 | OCC | Burbank National Bank | Civil Money Penalty (CMP): Kelley, Robert V. |
| Apr 3, 1993 | OCC | Burbank National Bank | Civil Money Penalty (CMP): Morhaime, Victor |
| Apr 3, 1993 | OCC | Burbank National Bank | Civil Money Penalty (CMP): Baldwin, Kay |
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