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 |
|---|---|---|
| Oct 29, 1993 | Mega Bank of St. Charles County | Mega Bank |
| Oct 29, 1993 | State Bank of Green River | First Security Bank of Wyoming |
| Oct 29, 1993 | Buffalo Psychiatric Center Federal Credit Union | Western New York Federal Credit Union |
| Oct 29, 1993 | Somerset Trust Company | Summit Bank |
| Oct 29, 1993 | Mega Bancshares, Inc. | Landmark Bancshares Corporation |
| Oct 29, 1993 | Mega Bank of St. Louis County | Mega Bank |
| Oct 28, 1993 | First American Bank of Maryland | First Union National Bank of Maryland |
| Oct 28, 1993 | Somerset Investment Company | Summit Bank |
| Oct 28, 1993 | First American Bank of Virginia | First Union National Bank of Virginia |
| Oct 23, 1993 | Lamoni State Bank | Liberty Bank & Trust |
| Oct 23, 1993 | American National Bank of Arlington Heights | American National Bank and Trust Company of Chicago |
| Oct 22, 1993 | University Bank | Wells Fargo Bank Wisconsin, National Association |
| Oct 22, 1993 | Liberty Bank of Fort Walton Beach | Compass Bank |
| Oct 22, 1993 | First Federal Savings Bank of De Funiak Springs | Regions Bank of Florida |
| Oct 22, 1993 | NBD Bank, National Association | NBD Bank, National Association |
| Oct 19, 1993 | Commerce Bank | Commerce Bank, National Association |
| Oct 18, 1993 | Jefferson County Schools Federal Credit Union | 167th TFR Federal Credit Union |
| Oct 16, 1993 | Texas Commerce Bank - Rio Grande Valley, National Association | Chase Bank of Texas, National Association |
| Oct 16, 1993 | Star Bank, National Association, Sidney | U.S. Bank N.A. |
| Oct 16, 1993 | Community Bank and Trust of Randolph County | Community Bank & Trust |
| Oct 15, 1993 | 1889 Bankcorp | Independent Bank Corporation |
| Oct 15, 1993 | First Savings Bank of Forest City, S.S.B. | RBC Bank (USA) |
| Oct 15, 1993 | First Gulf Bank | AmSouth Bank of Florida |
| Oct 15, 1993 | The First National Bank of Clearwater | AmSouth Bank of Florida |
| Oct 15, 1993 | Leadership Bank, National Association | First National Bank of Oklahoma |
| Oct 15, 1993 | Missouri Valley Financial Services, Inc. | Quick Bancorp, Inc. |
| Oct 15, 1993 | State Bank of Virden | The First National Bank of Raymond |
| Oct 15, 1993 | State Bank of Girard | The First National Bank of Raymond |
| Oct 15, 1993 | Coastal Bend National Bank | Corpus Christi National Bank |
| Oct 14, 1993 | Citizens Bank of Massachusetts | Citizens Bank of Massachusetts |
| Oct 13, 1993 | Keuka-Seneca Federal Credit Union | Servu Federal Credit Union |
| Oct 12, 1993 | Florida Trust Services of Ohio Bancorp | National City Trust Company |
| Oct 9, 1993 | Heartland Federal Savings and Loan Association | BOKF, N.A. |
| Oct 9, 1993 | Heartland Federal Savings and Loan Association | Home National Bank |
| Oct 9, 1993 | First Bank Minnesota (National Association) | U.S. Bank National Association |
| Oct 9, 1993 | First Bank Southeast, National Association | U.S. Bank National Association |
| Oct 9, 1993 | First Bank North, National Association | U.S. Bank National Association |
| Oct 9, 1993 | Cromwell Community Credit Union | Members Cooperative Credit Union |
| Oct 9, 1993 | Mutual Savings and Loan Association | Cenfed Bank, a Federal Savings Bank |
| Oct 9, 1993 | Heartland Federal Savings and Loan Association | Commercial Federal Bank, a Federal Savings Bank |
| Oct 9, 1993 | First Colonial Bank for Savings | Eastern Bank |
| Oct 9, 1993 | First Bank South, National Association | U.S. Bank National Association |
| Oct 9, 1993 | First Bank Forest Lake, National Association | U.S. Bank National Association |
| Oct 9, 1993 | First Bank Central, National Association | U.S. Bank National Association |
| Oct 9, 1993 | First Bank Anoka, National Association | U.S. Bank National Association |
| Oct 8, 1993 | East Coast Savings Bank, SSB | Southern National Bank of North Carolina |
| Oct 8, 1993 | Carey Salt Employees Federal Credit Union | Heartland Credit Union |
| Oct 7, 1993 | Ralston Bancshares, Inc. | Wells Fargo & Company |
| Oct 6, 1993 | Nash Engineering Federal Credit Union | Mutual Security Credit Union, Inc. |
| Oct 4, 1993 | The First National Bank of Edmond | Bank One, Oklahoma, National Association |
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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