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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
Oct 1, 1993 Advantage Bank for Savings MA Pioneer Financial, A Cooperative Bank
Oct 1, 1993 MNC Financial, Inc. MD Bank of America Corporation
Oct 1, 1993 Catholic Cemetaries Dio of Cleve Employees Federal Credit Union OH Saints Margaret & Gregory Federal Credit Union
Oct 1, 1993 7213 Telco Credit Union MN Topline Financial Credit Union
Sep 30, 1993 First American Metro Corp. VA Wachovia Corporation
Sep 30, 1993 Northeast Concerned Christians Credit Union OK Credit Union One of Oklahoma
Sep 30, 1993 Merced County Grangers Federal Credit Union CA Fresno Grangers Federal Credit Union
Sep 30, 1993 Keystone Printing Credit Union IL Community Trust Credit Union
Sep 30, 1993 Phillips University Federal Credit Union OK Communication Federal Credit Union
Sep 30, 1993 Virginia Bankshares Inc VA First Union Corporation of Virginia
Sep 30, 1993 South Alabama Bancorporation, Inc. AL Banctrust Financial Group, Inc.
Sep 30, 1993 Marquette Credit Union MA Gfa Federal Credit Union
Sep 29, 1993 First State Bank WI Citizens State Bank
Sep 27, 1993 WesBanco Bank New Martinsville WV WesBanco Bank, Inc.
Sep 27, 1993 Polish Union of America Federal Credit Union NY St. Johns Buffalo Federal Credit Union
Sep 27, 1993 WesBanco Bank Sistersville WV WesBanco Bank, Inc.
Sep 26, 1993 Jostens Employees Credit Union TN Ascend Federal Credit Union
Sep 25, 1993 The Bank of San Antonio/Medical Center TX Compass Bank-San Antonio
Sep 25, 1993 Button Gwinnett National Bank GA Mountain National Bank
Sep 25, 1993 Cal-West National Bank CA Overland Bank
Sep 25, 1993 Community Bank & Trust of Ritchie County, Inc. WV Community Bank & Trust
Sep 25, 1993 Frontier State Bank TX Camino Real Bank, National Association
Sep 25, 1993 Frio National Bank TX Camino Real Bank, National Association
Sep 24, 1993 Pioneer Savings Bank, Inc. NC First-Citizens Bank & Trust Company
Sep 24, 1993 East Dubuque Investment Corporation IL East Dubuque Bancshares, Inc.
Sep 24, 1993 State Bank of Conger (Incorporated) MN American Bank of the North
Sep 24, 1993 Park Ridge Bancshares, Inc. WI F & M Merger Corporation
Sep 24, 1993 State Bank of Conger (Incorporated) MN Americana National Bank
Sep 23, 1993 Marcus Whitman Federal Credit Union NY Canandaigua Federal Credit Union
Sep 22, 1993 Utica Community Federal Credit Union NY G.P.O. Federal Credit Union
Sep 18, 1993 Commercial Landmark Corporation OK IV Commercial Acquisition, Inc.
Sep 18, 1993 Commercial Bank and Trust Company OK Boatmen's National Bank of Oklahoma
Sep 18, 1993 Star Bank, Preble County OH U.S. Bank N.A.
Sep 18, 1993 Commercial Bank & Trust Co. of Tulsa OK Boatmen's National Bank of Oklahoma
Sep 18, 1993 Lovell National Bank WY First Bank of Wyoming
Sep 18, 1993 U.S. Shoe Flemingsburg Federal Credit Union KY Members Trust Federal Credit Union
Sep 18, 1993 First Bank and Trust Co. of Tahlequah OK Boatmen's National Bank of Oklahoma
Sep 18, 1993 Star Bank, National Association, Troy OH U.S. Bank N.A.
Sep 18, 1993 First Bank & Trust Co. of Fort Gibson OK Boatmen's National Bank of Oklahoma
Sep 18, 1993 The Farmers and Merchants National Bank of Hamilton VA F&M Bank-Winchester
Sep 17, 1993 Harvest Bancorp, Inc. VA The Farmers and Merchants National Bank of Hamilton
Sep 17, 1993 Crown Charter National Bank TX Fidelity Bank, National Association
Sep 15, 1993 First State Bank Chokio MN United Farmers & Merchants State Bank
Sep 13, 1993 Parkway Bank KS Mark Twain Kansas Bank
Sep 13, 1993 The Farmers National Bank of Ridgeway MO Bank Northwest
Sep 13, 1993 Crawford State Bank NE Security First Bank
Sep 11, 1993 Keystone Bancshares, Incorporated IA Freedombank Shares, Inc.
Sep 11, 1993 Beaver Trust Company PA First Western Bank, National Association
Sep 11, 1993 CB&T-Westover Bank, Inc. WV United Bank
Sep 10, 1993 INB Banking Company IN NBD Bank, National Association

The list holds 500 of the 1,201 mergers recorded for 1993.

Enforcement Actions in 1993

Action date Agency Institution Action
Dec 31, 1993 FRB United Financial Banking Companies, Inc. Written Agreement: United Financial Banking Companies, Inc., Vienna, VA
Dec 30, 1993 OCC_OTS (individual) Orders of Removal/Prohibition: James W. Peters
Dec 30, 1993 OCC_OTS (individual) Orders of Removal/Prohibition: John R. O'Connell Sr.
Dec 30, 1993 OCC (individual) Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Founders National Bank Of Los Angeles
Dec 29, 1993 OCC_OTS Republic Bank & Trust Company Civil Money Penalty: Republic Savings Bank
Dec 29, 1993 OCC_OTS Republic Bank & Trust Company Civil Money Penalty: Steve Trager
Dec 29, 1993 OCC_OTS Damen Federal Bank for Savings Civil Money Penalty: Mary Beth Stull
Dec 29, 1993 OCC_OTS Republic Bank & Trust Company Civil Money Penalty: Bernard Trager
Dec 23, 1993 OCC_OTS (individual) Orders of Removal/Prohibition: Joe G. Baker
Dec 23, 1993 FRB Commercial National Corporation Civil Money Penalty $35,000,000 (collectively with Khalid Bin Mahfouz): Haroon Kahlon
Dec 23, 1993 FRB Commercial National Corporation Civil Money Penalty $35,000,000 (collectively with Haroon Kahlon): Khalid Bin Mahfouz
Dec 23, 1993 FRB Commercial National Corporation Cease and Desist Order: Khalid Bin Mahfouz
Dec 22, 1993 OCC Barbary Coast National Bank Prohibition/Removal Orders: Pareto, Stanley E.
Dec 22, 1993 OCC Barbary Coast National Bank Civil Money Penalty (CMP): Pareto, Stanley E.
Dec 22, 1993 OCC First National Bank of Texas Civil Money Penalty (CMP): McBee, Jim D.
Dec 21, 1993 OCC_OTS (individual) Cease and Desist: Robert H. Jenkins
Dec 21, 1993 OCC_OTS Lincoln Savings and Loan Association, F.A. Orders of Removal/Prohibition: Robert H. Jenkins
Dec 20, 1993 OCC_OTS Suburban Federal Savings Bank Cease and Desist: Suburban FSB
Dec 16, 1993 OCC First Charter Bank, National Association Formal Agreement: First Charter Bank N.A.
Dec 15, 1993 OCC_OTS Centrust Federal Savings Bank Civil Money Penalty: David Paul
Dec 13, 1993 OCC Park Forty-Five National Bank Prohibition/Removal Orders: Doke, Maurice
Dec 13, 1993 OCC Park Forty-Five National Bank Civil Money Penalty (CMP): Arnold, Roland L.
Dec 13, 1993 OCC Eagle Bank of Champaign County, N.A. Civil Money Penalty (CMP): Baker, Richard J.
Dec 13, 1993 OCC Park Forty-Five National Bank Civil Money Penalty (CMP): Doke, Maurice
Dec 13, 1993 OCC Park Forty-Five National Bank Civil Money Penalty (CMP): Hoyland, R.J.
Dec 10, 1993 OCC (individual) Civil Money Penalty (CMP): Solomon, Charles W.
Dec 8, 1993 FRB The Citizens Savings Bank Company Written Agreement: The Citizens Savings Bank Company, Pemberville, OH
Dec 4, 1993 OCC PNC Bank, National Association Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Winter, Douglas A.
Dec 3, 1993 OCC_OTS First Federal Savings and Loan Association Cease and Desist: Michael L. Gregory
Dec 3, 1993 OCC_OTS First Federal Savings and Loan Association Orders of Removal/Prohibition: Michael L. Gregory
Dec 2, 1993 OCC_OTS Unity Savings and Loan Association, Federal Association Cease and Desist: Maxwell Salter
Dec 2, 1993 OCC Western Family National Bank Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Western Family National Bank
Dec 2, 1993 OCC The First National Bank of Sterling Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): The First National Bank Of Sterling
Dec 1, 1993 OCC Fallbrook National Bank Prohibition/Removal Orders: Winston, John Steven
Dec 1, 1993 OCC Fallbrook National Bank Prohibition/Removal Orders: Soltis, Charles
Dec 1, 1993 OCC Fallbrook National Bank Prohibition/Removal Orders: Lelito, Patricia A.
Dec 1, 1993 OCC Fallbrook National Bank Civil Money Penalty (CMP): Winston, John STEVEN
Dec 1, 1993 OCC Fallbrook National Bank Civil Money Penalty (CMP): Wilson, Vernon R.
Dec 1, 1993 OCC Fallbrook National Bank Civil Money Penalty (CMP): Soltis, Charles
Dec 1, 1993 OCC Fallbrook National Bank Civil Money Penalty (CMP): Marshall, Stephen G.
Dec 1, 1993 OCC Fallbrook National Bank Civil Money Penalty (CMP): Lelito, Patricia A.
Dec 1, 1993 OCC The Farmers National Bank of Forney Civil Money Penalty (CMP): Karlen, George
Dec 1, 1993 OCC Fallbrook National Bank Civil Money Penalty (CMP): Greebon, Glenn E.
Dec 1, 1993 OCC Fallbrook National Bank Civil Money Penalty (CMP): Baker, John F.
Nov 30, 1993 OCC Texas Heritage National Bank Prohibition/Removal Orders: Kozsuch, Andy
Nov 30, 1993 OCC Mission National Bank Civil Money Penalty (CMP): Jayme, Demetrio S.
Nov 26, 1993 FRB Ramapo Financial Corporation Written Agreement: Ramapo Financial Corporation, Wayne, NY
Nov 23, 1993 OCC Park Forty-Five National Bank Civil Money Penalty (CMP): Dubose, Tracy
Nov 23, 1993 OCC First National Bank of Ventura Formal Agreement: First National Bank Of Ventura
Nov 23, 1993 OCC_OTS Continental Savings of America, a Federal Savings and Loan Association Supervisory Agreement: Continental Savings of America, A FSLA

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