Calendar Year

1994 in US Banking

714 bank events on record in 1994 — 15 failures, 500 mergers or acquisitions, and 199 regulatory enforcement actions.

Failures

$1,600,689,000 in failed assets

500

Mergers

NIC transformations

199

Enforcement

OCC / FDIC / FRB / OTS

Failures in 1994

Date	Bank	HQ	Assets	Acquirer
1994-12-16	CORNERSTONE BANK FSB	MISSION VIEJO, CA	$44,345,000	CALIFORNIA FB, A FSB
1994-10-21	LUDLOW SAVINGS BANK	LUDLOW, MA	$222,671,000	ALBANY SAVINGS BANK FSB
1994-08-26	CAPITAL BANK	DOWNEY, CA	$76,892,000	LANDMARK BANK
1994-08-12	BANK OF NEWPORT	NEWPORT BEACH, CA	$167,802,000	UNION BANK
1994-07-29	COMMERCE BANK	NEWPORT BEACH, CA	$142,315,000	CALIFORNIA STATE BANK
1994-07-29	WESTERN COMMUNITY BANK	CORONA, CA	$54,013,000	BANK OF SAN BERNARDINO
1994-07-15	BANK OF SAN PEDRO	LOS ANGELES, CA	$132,636,000	HOME BANK
1994-07-08	PIONEER BANK	FULLERTON, CA	$133,250,000	CHINO VALLEY BANK
1994-07-07	THE MERIDEN TRUST AND SAFE DEPOSIT	MERIDEN, CT	$3,203,000	PEOPLE'S SAVINGS BANK & TRU
1994-06-10	THE BANK OF HARTFORD	HARTFORD, CT	$321,457,000	EAGLE FEDERAL SAVINGS BA
1994-06-03	ENCINO SAVINGS BANK, FSB	ENCINO, CA	$92,470,000	AMERICAN SB, FA
1994-05-19	BARBARY COAST NATIONAL BANK	SAN FRANCISCO, CA	$10,678,000	METROPOLITAN BANK
1994-05-06	COMMERCIAL BANK AND TRUST COMPANY	LOWELL, MA	$30,274,000	MEDFORD SAVINGS BANK
1994-04-14	SUPERIOR NATIONAL BANK	KANSAS CITY, MO	$19,970,000	CITIZENS-JACKSON COUNTY BAN
1994-04-01	MECHANICS NATIONAL BANK	PARAMOUNT, CA	$148,713,000	HOME BANK

Mergers & Acquisitions in 1994 (top 500 of 500)

Date	Acquired	St	Acquirer
1994-12-31	MCH RESTAURANT HOLDING CORP.	NJ	REM HOLDING CORP.
1994-12-31	MONTANA AGENCIES	MT	BANK OF MONTANA SYSTEM
1994-12-31	The Citizens National Bank of Decatur	IL	First of America Bank-Illinois, National Association
1994-12-31	CAPE BEACH HOLDING CORP.	NJ	REM HOLDING CORP.
1994-12-31	American National Bank of Pottsboro	TX	American Bank of Texas
1994-12-31	CITIBANK SAVINGS LIMITED	—	CITIGROUP PTY LIMITED
1994-12-31	First of America Bank-Ann Arbor	MI	National City Bank of the Midwest
1994-12-31	VALLEY INVESTMENT CORP.	DE	VN INVESTMENTS, INC.
1994-12-31	SOUTH POINTE HOLDING CORP.	NJ	REM HOLDING CORP.
1994-12-31	INTER-TRUST FINANCE COMPANY, INC.	NC	HSL INVESTORS, INC.
1994-12-31	First of America Bank-Metro Southwest, National Association	IL	First of America Bank-Illinois, National Association
1994-12-31	CHASE U.S. CONSUMER SERVICES, INC.	NY	CHASE MORTGAGE SERVICES, INC.
1994-12-31	Pioneer Bank & Trust Company	LA	CAPITAL ONE, NATIONAL ASSOCIATION
1994-12-31	CENTRAL BUILDING CORPORATION	OK	Bank One, Oklahoma City
1994-12-31	BRIGANTINE HOLDING CORP.	NJ	REM HOLDING CORP.
1994-12-31	First of America-North Central Illinois, National Association	IL	First of America Bank-Illinois, National Association
1994-12-31	First of America Bank-Quad Cities, National Association	IL	First of America Bank-Illinois, National Association
1994-12-31	EIGHTEENTH STREET HOLDING CORP.	NJ	REM HOLDING CORP.
1994-12-31	KC MOTEL HOLDING CORP.	NJ	REM HOLDING CORP.
1994-12-31	HALL SUNSET HOLDING CORP.	NJ	REM HOLDING CORP.
1994-12-31	UNITED POSTAL FINANCIAL SERVICES, INC.	MO	MERCANTILE INVESTMENT SERVICES, INCORPORATED
1994-12-31	SHERWOOD MEWS HOLDING CORP.	NJ	REM HOLDING CORP.
1994-12-31	First of America Bank-Southeast Michigan, National Association	MI	National City Bank of the Midwest
1994-12-31	OCTANE CREDIT UNION	MA	TOUCHSTONE FEDERAL CREDIT UNION
1994-12-31	First of America Bank - Northern Michigan	MI	National City Bank of the Midwest
1994-12-31	H & S CREDIT UNION	IL	TAYLORVILLE COMMUNITY CREDIT UNION
1994-12-31	RANCHO SANTA MARGARITA MORTGAGE CORPORATION	TX	NATIONSBANC MORTGAGE CORPORATION
1994-12-31	DOMINION PARK DEVELOPMENT, INC.	NC	HSL INVESTORS, INC.
1994-12-31	CLAIRTON, PENNSYLVANIA EMPLOYEES FEDERAL CREDIT UNION	PA	UNITED COMMUNITY FEDERAL CREDIT UNION
1994-12-31	WEST END HOLDING CORP.	NJ	REM HOLDING CORP.
1994-12-31	ROCHESTER DRIVE HOLDING CORP.	NJ	REM HOLDING CORP.
1994-12-31	Commercial National Bank of Peoria	IL	First of America Bank-Illinois, National Association
1994-12-31	J C TYPOGRAPHICAL LOCAL NO 94 FEDERAL CREDIT UNION	NJ	W.K. FEDERAL CREDIT UNION
1994-12-31	ALLENDALE ALBAR HOLDING CORP.	NJ	REM HOLDING CORP.
1994-12-31	SADDLE CREEK HOLD CORP.	NJ	REM HOLDING CORP.
1994-12-31	GRENADA SUNBURST SYSTEM CORPORATION	MS	UNION PLANTERS CORPORATION
1994-12-31	NORTH WILDWOOD HOLDING CORP.	NJ	REM HOLDING CORP.
1994-12-31	ONE VALLEY SERVICES, INC.	WV	One Valley Bank, National Association
1994-12-31	SOMERVILLE HOLDING CORP.	NJ	REM HOLDING CORP.
1994-12-31	PIONEER BANCSHARES CORPORATION	LA	HIBERNIA CORPORATION
1994-12-31	Boca Bank	FL	Intercontinental Bank, National Association
1994-12-31	SOMERSET OFFICE HOLDING CORP.	NJ	REM HOLDING CORP.
1994-12-31	HISTORIC V.V. HOLDING CORP.	NJ	REM HOLDING CORP.
1994-12-31	SKY PALACE HOLDING CORP.	NJ	REM HOLDING CORP.
1994-12-31	OCEAN VIEW HOLDING CORP.	NJ	REM HOLDING CORP.
1994-12-31	MBNA CORPORATE PROPERTY SERVICES, INC	DE	CORPORATE PROPERTIES SERVICES, LLC
1994-12-31	First of America Bank-Upper Peninsula, National Association	MI	National City Bank of the Midwest
1994-12-31	WEST AVENUE PROPERTIES HOLDING CORP.	NJ	REM HOLDING CORP.
1994-12-31	BMS COMPUTER CORPORATION	MT	BMS SERVICES CORPORATION
1994-12-31	Grayson County State Bank	TX	American Bank of Texas
1994-12-31	First Federal Savings Bank	WV	(unnamed)
1994-12-31	CYPRESS FINANCIAL CORPORATION	TX	NATIONSBANC MORTGAGE CORPORATION
1994-12-31	WITT/MILL HOLDING CORP.	NJ	REM HOLDING CORP.
1994-12-31	First of America Bank - Mid Michigan, National Association	MI	National City Bank of the Midwest
1994-12-31	RSM FUNDING CORPORATION	TX	NATIONSBANC MORTGAGE CORPORATION
1994-12-31	First of America Bank-Champaign, National Association	IL	First of America Bank-Illinois, National Association
1994-12-31	HARHAVEN HOLDING CORP.	NJ	REM HOLDING CORP.
1994-12-31	FRANKLIN GRANT HOLDING CORP.	NJ	REM HOLDING CORP.
1994-12-31	AMERICAN RESIDENTIAL HOLDING CORP.	FL	CHASE MORTGAGE SERVICES, INC.
1994-12-31	First of America Bank-Central	MI	National City Bank of the Midwest
1994-12-31	First State Bank and Trust Company	LA	CAPITAL ONE, NATIONAL ASSOCIATION
1994-12-31	THIRTY-EIGHTH STREET HOLDING CORP.	NJ	REM HOLDING CORP.
1994-12-31	ITAUTEC S.A.	—	ITAUTEC PHILCO S.A.
1994-12-31	CENTRAL FIDELITY MORTGAGE CORPORATION	VA	Central Fidelity National Bank
1994-12-31	DANMAR HOLDING CORP.	NJ	REM HOLDING CORP.
1994-12-31	First of America Bank-Champion, National Association	IL	First of America Bank-Illinois, National Association
1994-12-31	VINEYARD HOLDING CORP.	NJ	REM HOLDING CORP.
1994-12-31	WILDWOOD CREST HOLDING CORP.	NJ	REM HOLDING CORP.
1994-12-31	PERK BEACH HOLDING CORP.	NJ	REM HOLDING CORP.
1994-12-31	INTERMOUNTAIN INVESTORS, INC.	MT	BANK OF MONTANA SYSTEM
1994-12-31	PLEASANTVILLE HOLDING INC.	NJ	REM HOLDING CORP.
1994-12-31	APARTMENT THREE HOLDING CORP.	NJ	REM HOLDING CORP.
1994-12-31	HARBEACH HOLDING CORP.	NJ	REM HOLDING CORP.
1994-12-31	KATARINA HOLDING CORP.	NJ	REM HOLDING CORP.
1994-12-31	COMPASS BANK	FL	Compass Bank
1994-12-31	First of America Bank - Springfield, National Association	IL	First of America Bank-Illinois, National Association
1994-12-31	The Bank of Greeley	CO	Keybank National Association
1994-12-31	NETOPS CORP.	DE	STAR PROCESSING, INC
1994-12-31	ELOSUA S.A.	—	KOIPE, S.A.
1994-12-31	The Leonard National Bank	TX	American Bank of Texas
1994-12-31	First Fidelity Bank, FSB	MD	First Fidelity Bank, National Association, New Jersey
1994-12-30	INVERSIONES MADERERAS LIMITADA	—	CITIGROUP CHILE SPA
1994-12-30	CORESTATES MORTGAGE SERVICES CORPORATION	DE	CORESTATES MORTGAGE SERVICES CORPORATION
1994-12-30	1982 PROPERTIES HOLDING INC.	NJ	ROSE ARBOR PROPERTY, INC.
1994-12-30	CONCHO INSURANCE AGENCY, INC.	AZ	CONGRESS INSURANCE AGENCY, INC.
1994-12-30	INVERSIONES LA SERENA LIMITADA	—	CITIGROUP CHILE SPA
1994-12-30	105 VAN BRUNT, INC.	NJ	ROSE ARBOR PROPERTY, INC.
1994-12-30	16414 STUEBNER CORP.	NJ	ROSE ARBOR PROPERTY, INC.
1994-12-30	INVERSIONES MINERAS DEL NORTE LIMITADA	—	CITIGROUP CHILE SPA
1994-12-30	JAMESTOWN METAL EMPLOYEES CREDIT UNION	NY	GREATER WOODLAWN FEDERAL CREDIT UNION
1994-12-30	INVERSIONES PESQUERAS DEL NORTE LIMITADA	—	CITIGROUP CHILE SPA
1994-12-30	DURHAM TERRACE CORPORATION	NJ	ROSE ARBOR PROPERTY, INC.
1994-12-30	WHEREVER, INC.	NJ	ROSE ARBOR PROPERTY, INC.
1994-12-30	CENTRAL FINANCIAL LIFE INSURANCE COMPANY, INC.	AZ	BANC ONE LIFE REINSURANCE COMPANY
1994-12-30	1200 SW ENGINES INC.	NJ	ROSE ARBOR PROPERTY, INC.
1994-12-30	FIRST COLORADO BANKSHARES INSURANCE COMPANY	CO	BANC ONE LIFE REINSURANCE COMPANY
1994-12-30	WORK-OUT, INC.	NJ	ROSE ARBOR PROPERTY, INC.
1994-12-30	The Bank of Kincaid	KS	Citizens Bank, National Association
1994-12-30	UTOPIA FEDERAL CREDIT UNION	NY	CAPTREE FEDERAL CREDIT UNION
1994-12-30	SNOWMASS, INC.	NJ	ROSE ARBOR PROPERTY, INC.

Enforcement Actions in 1994

Date	Agency	Institution	Action
1994-12-30	OCC_OTS	SOUTHWEST S&LA	Orders of Removal/Prohibition: Mel C. Reese III
1994-12-30	OCC_OTS	SOUTHWEST S&LA	Orders of Removal/Prohibition: Frank J. Mirabella Jr.
1994-12-30	OCC_OTS	SOUTHWEST S&LA	Orders of Removal/Prohibition: Donald J. Lewis
1994-12-28	OCC_OTS	(individual)	Orders of Removal/Prohibition: Gregory Norman
1994-12-22	OCC_OTS	REPUBLIC FS&LA	Orders of Removal/Prohibition: Guy M. Massey
1994-12-22	OCC_OTS	(individual)	Orders of Removal/Prohibition: Robert N. Gamer
1994-12-22	OCC_OTS	(individual)	Cease and Desist: Robert N. Gamer
1994-12-14	OCC_OTS	(individual)	Orders of Removal/Prohibition: Cloyd A. Singhass
1994-12-07	OCC_OTS	(individual)	Orders of Removal/Prohibition: Richard M. Hattler
1994-11-22	OCC_OTS	(individual)	Cease and Desist: Syntek West, Inc.
1994-11-22	OCC_OTS	(individual)	Cease and Desist: Syntek Investment Properties, Inc
1994-11-22	OCC_OTS	(individual)	Cease and Desist: The May Trust
1994-11-22	OCC_OTS	(individual)	Orders of Removal/Prohibition: William S. Friedman
1994-11-22	OCC_OTS	(individual)	Cease and Desist: Galaxy Associates
1994-11-22	OCC_OTS	SOUTHMARK CORPORATION	Cease and Desist: William S. Friedman
1994-11-22	OCC_OTS	(individual)	Orders of Removal/Prohibition: Gene E. Phillips
1994-11-22	OCC_OTS	SOUTHMARK CORPORATION	Cease and Desist: Gene Phillips
1994-11-21	OCC_OTS	(individual)	Cease and Desist: J. B. Tate
1994-11-21	OCC_OTS	(individual)	Cease and Desist: Bruce Kallemeyn
1994-11-21	OCC_OTS	(individual)	Cease and Desist: M. L. Duke
1994-11-21	OCC_OTS	(individual)	Cease and Desist: Fla Joyce Boren
1994-11-21	OCC_OTS	(individual)	Cease and Desist: John H. Boren
1994-11-15	OCC_OTS	(individual)	Cease and Desist: Steven Trager
1994-11-15	OCC_OTS	(individual)	Cease and Desist: Bernard M. Trager
1994-11-15	OCC_OTS	RIVER VALLEY BANCSHARES, INCORPORATED	Orders of Removal/Prohibition: Rolando J. Medina Jr.
1994-11-08	OCC_OTS	(individual)	Orders of Removal/Prohibition: J. Richard Collier
1994-11-03	OCC_OTS	FIRST SECURITY SAVINGS COMPANY	Orders of Removal/Prohibition: Maria A. Haraus
1994-10-27	OCC_OTS	(individual)	Orders of Removal/Prohibition: Donald F. DeNucci
1994-10-19	OCC_OTS	(individual)	Orders of Removal/Prohibition: Warren H. Young
1994-10-19	OCC_OTS	(individual)	Cease and Desist: Warren H. Young
1994-10-19	OCC_OTS	(individual)	Civil Money Penalty: Warren Young
1994-10-11	OCC_OTS	CROSS COUNTY SAVINGS BANK	Orders of Removal/Prohibition: Michael Cousin
1994-10-03	OCC_OTS	FIRST FSB	Orders of Removal/Prohibition: Annette D. Bernard
1994-09-29	OCC_OTS	(individual)	Orders of Removal/Prohibition: Thelma A. Smith
1994-09-29	OCC_OTS	FIDELITY FS&LA	Orders of Removal/Prohibition: Armondo Felicetti
1994-09-27	OCC_OTS	(individual)	Orders of Removal/Prohibition: Eugene N. Hooper
1994-09-27	OCC_OTS	(individual)	Civil Money Penalty: Eugene N. Hooper
1994-09-27	OCC_OTS	(individual)	Cease and Desist: Eugene N. Hooper
1994-09-26	OCC_OTS	FIRST REPUBLIC FEDERAL SAVINGS BANK FSB	Cease and Desist: Steven Trager
1994-09-26	OCC_OTS	FIRST REPUBLIC FEDERAL SAVINGS BANK FSB	Cease and Desist: Bernard M. Trager
1994-09-26	OCC_OTS	(individual)	Cease and Desist: Edmond D. Constantini, Jr.
1994-09-26	OCC_OTS	(individual)	Civil Money Penalty: Steven Trager
1994-09-26	OCC_OTS	(individual)	Civil Money Penalty: Bernard N. Trager
1994-09-26	OCC_OTS	(individual)	Orders of Removal/Prohibition: Edmond D. Costantini Jr.
1994-09-21	OCC_OTS	FIRST BANK OF IDAHO, FSB	Orders of Removal/Prohibition: Michael K. Matarazzo
1994-09-16	OCC_OTS	UNITED SECURITY SAVINGS BANK, FSB	Orders of Removal/Prohibition: Sharon Gail Fleenor
1994-09-15	OCC_OTS	(individual)	Orders of Removal/Prohibition: Walter M. Ross
1994-09-12	OCC_OTS	VALLEY FSB	Orders of Removal/Prohibition: Carolyn V. King
1994-09-02	OCC_OTS	FIRST FSB	Orders of Removal/Prohibition: Alexander N. Pananides
1994-08-26	OCC_OTS	(individual)	Orders of Removal/Prohibition: John H. Carney
1994-08-26	OCC_OTS	(individual)	Orders of Removal/Prohibition: James R. Fisher
1994-08-25	OCC_OTS	PROVIDENT BANCORP	Civil Money Penalty: Leroy A. Seele
1994-08-25	OCC_OTS	PROVIDENT BANCORP	Civil Money Penalty: Scott M. Pugh
1994-08-23	OCC_OTS	(individual)	Orders of Removal/Prohibition: Mary Kay VonGlahn
1994-08-22	OCC_OTS	FIRST FSB	Orders of Removal/Prohibition: Thomas J. Bernard
1994-08-18	OCC_OTS	HOME FS&LA	Orders of Removal/Prohibition: Stephen K. Alexander
1994-08-17	OCC_OTS	(individual)	Orders of Removal/Prohibition: Carla Jones
1994-08-16	OCC_OTS	(individual)	Orders of Removal/Prohibition: Jerome J. Moser
1994-08-10	OCC_OTS	(individual)	Orders of Removal/Prohibition: John A. Stuckey
1994-08-10	OCC_OTS	PROVIDENT BANCORP	Supervisory Agreement: Provident Bancshares, Inc.
1994-08-08	OCC_OTS	(individual)	Orders of Removal/Prohibition: William P. DiLoreta
1994-08-05	OCC_OTS	(individual)	Orders of Removal/Prohibition: John Waldrup Brown Jr.
1994-08-02	OCC_OTS	(individual)	Orders of Removal/Prohibition: Bobbie L. Settle
1994-08-02	OCC_OTS	BANK FOR SAVINGS THE	Cease and Desist: Bobbie L. Settle
1994-08-01	OCC_OTS	(individual)	Orders of Removal/Prohibition: Mary E. Schneider
1994-08-01	OCC_OTS	(individual)	Supervisory Agreement: Provident Savings Bank, A FSB
1994-07-21	OCC_OTS	(individual)	Cease and Desist: Gateway Bank, FSB
1994-07-13	OCC_OTS	BLUEBONNET SAVINGS BANK, FSB	Orders of Removal/Prohibition: Shirley Apodaca
1994-07-13	OCC_OTS	(individual)	Cease and Desist: Ronald C. Ullevig
1994-07-13	OCC_OTS	(individual)	Orders of Removal/Prohibition: Ronald Charles Ullevig
1994-07-13	OCC_OTS	FIRST DAKOTA OF NEW MEXICO, INC.	Orders of Removal/Prohibition: Nancy E. Leal
1994-07-07	OCC_OTS	(individual)	Orders of Removal/Prohibition: Waynette M. Farmer
1994-06-30	OCC_OTS	(individual)	Orders of Removal/Prohibition: Jeffrey S. Worthy
1994-06-30	OCC_OTS	EUREKA HOMESTEAD	Cease and Desist: Eureka Homestead Society
1994-06-30	OCC_OTS	(individual)	Cease and Desist: Jeffrey S. Worthy
1994-06-30	OCC_OTS	HOME S&LA	Orders of Removal/Prohibition: David J. Clarke
1994-06-29	OCC_OTS	AMERICAN BANKS OF FLORIDA, INC.	Civil Money Penalty: American Savings of Florida, FSB
1994-06-29	OCC_OTS	(individual)	Cease and Desist: AmericanSavings of Florida, F.S.B.
1994-06-28	OCC_OTS	GREAT LAKES TRUST COMPANY, NATIONAL ASSOCIATION	Cease and Desist: Paul R. Rentenbach
1994-06-28	OCC_OTS	(individual)	Orders of Removal/Prohibition: Billy Ray Golden
1994-06-28	OCC_OTS	(individual)	Cease and Desist: Billy Ray Golden
1994-06-28	OCC_OTS	(individual)	Civil Money Penalty: Ben Fernandez
1994-06-24	OCC_OTS	UNITED BANK OF TEXAS	Orders of Removal/Prohibition: Juanita Causey
1994-06-23	OCC_OTS	BAY BANCORPORATION, INC.	Civil Money Penalty: John G. Christo
1994-06-23	OCC_OTS	(individual)	Orders of Removal/Prohibition: John Christo Jr.
1994-06-22	OCC_OTS	AMERICAN LOAN AND SAVINGS ASSOCIATION	Civil Money Penalty: Anthony Scafa
1994-06-22	OCC_OTS	AMERICAN LOAN AND SAVINGS ASSOCIATION	Civil Money Penalty: Dorothea R. Pape
1994-06-22	OCC_OTS	AMERICAN LOAN AND SAVINGS ASSOCIATION	Civil Money Penalty: Harry Amer
1994-06-22	OCC_OTS	AMERICAN LOAN AND SAVINGS ASSOCIATION	Cease and Desist: John G. Breslin
1994-06-22	OCC_OTS	AMERICAN SAVINGS AND LOAN ASSOCIATION	Cease and Desist: Daniel Geremia
1994-06-22	OCC_OTS	AMERICAN LOAN AND SAVINGS ASSOCIATION	Cease and Desist: Harry Amer
1994-06-22	OCC_OTS	AMERICAN LOAN AND SAVINGS ASSOCIATION	Cease and Desist: Dorothea R. Pape
1994-06-22	OCC_OTS	AMERICAN LOAN AND SAVINGS ASSOCIATION	Civil Money Penalty: John G. Breslin
1994-06-22	OCC_OTS	AMERICAN SAVINGS AND LOAN ASSOCIATION	Civil Money Penalty: Daniel Geremia
1994-06-09	OCC_OTS	(individual)	Orders of Removal/Prohibition: Victoria L. Sharp
1994-06-08	OCC_OTS	(individual)	Orders of Removal/Prohibition: Kenneth Lee Schnitzer
1994-06-07	OCC_OTS	(individual)	Civil Money Penalty: Jo Betty Allen
1994-06-07	OCC_OTS	(individual)	Civil Money Penalty: Sharon Thiele-Driver
1994-06-07	OCC_OTS	(individual)	Civil Money Penalty: WilliamA. Hirst
1994-06-07	OCC_OTS	(individual)	Civil Money Penalty: Chris Bertalis

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