Calendar Year
1995 in US Banking
1,555 bank events are on record for 1995: 8 failures, 1,247 mergers or acquisitions involving a bank, credit union or bank holding company, and 300 enforcement actions.
8
Failures
$1.23B in failed assets
1,247
Mergers
Federal Reserve NIC, banking organizations
300
Enforcement
OCC, FDIC, FRB, OTS and SEC 8-K filings
Jump to: Bank failures 1995 · Bank mergers 1995
How many banks failed in 1995?
8 banks failed in 1995, with $1.23B in assets. Each failure below links to its own page.
| Date | Bank | Assets |
|---|---|---|
| Jul 28, 1995 | Pacific Heritage Bank | $147.7M |
| Jul 28, 1995 | Founders Bank | $77.4M |
| May 19, 1995 | Bank USA, N.A. | $9.0M |
| May 5, 1995 | American S & L Association | $64.4M |
| Apr 28, 1995 | Continental Savings of America | $359.4M |
| Mar 31, 1995 | Los Angeles Thrift and Loan Company | $23.4M |
| Mar 3, 1995 | First Trust Bank | $227.7M |
| Jan 20, 1995 | Guardian Bank | $316.9M |
Which banks merged in 1995?
1,247 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 1995.
See the fuller list: Bank mergers 1995 with largest deals and credit union mergers ›
| Date | Acquired | Acquirer |
|---|---|---|
| Aug 3, 1995 | Gaf Savannah Federal Credit Union | Atlantic Coast Bank |
| Aug 3, 1995 | GN Bancorp, Inc. | Associated Illinois Banc Corp |
| Aug 2, 1995 | Amerifirst Bancorporation, Inc. | Ameribanc, Inc. |
| Aug 2, 1995 | Southwest Bancshares, Inc. | Ameribanc, Inc. |
| Aug 2, 1995 | Okonite Employees North Brunswick Federal Credit Union | NJ Gateway Federal Credit Union |
| Aug 1, 1995 | First Community Bankshares, Inc. | California Bancshares, Inc. |
| Aug 1, 1995 | DSB Bancshares, Inc. | Simmons First National Corporation |
| Aug 1, 1995 | Lingle State Bank | First National Bank, Torrington |
| Aug 1, 1995 | Western Bancorp., Inc. | Whitcorp Financial Company |
| Aug 1, 1995 | Lingle Valley Banc-Shares, Inc. | First Nebraska Bancs, Inc. |
| Aug 1, 1995 | Canco 64-A Employees Federal Credit Union | Northern Indiana Federal Credit Union |
| Aug 1, 1995 | Sugarland Bancshares, Inc. | Midsouth Bancorp, Inc. |
| Aug 1, 1995 | Saint Felix Parish Federal Credit Union | Freedom United Federal Credit Union |
| Aug 1, 1995 | University State Bank | Pilot Bank |
| Aug 1, 1995 | Paramount Bank, F.S.B. | Bank of Stockdale, F.S.B. |
| Aug 1, 1995 | Bank of Northern Illinois | (unnamed) |
| Aug 1, 1995 | (unnamed) | First Community Credit Union |
| Aug 1, 1995 | Arrowhead Federal Credit Union | Sun Federal Credit Union |
| Aug 1, 1995 | Sugarland State Bank | Midsouth Bank, N.A. |
| Aug 1, 1995 | The Saline Valley Bank | The Bank of Tescott |
| Aug 1, 1995 | M&I Lancaster State Bank | M&I Bank Southwest |
| Aug 1, 1995 | First Bank of Arkansas | First Bank of Arkansas |
| Jul 31, 1995 | Elco Federal Credit Union | Huntington C & O Railway Employees Federal Credit Union |
| Jul 31, 1995 | Citizens State Bank, Roby, Texas | First Financial Bank, National Association |
| Jul 31, 1995 | First Federal Bank for Savings | Cadence Bank |
| Jul 27, 1995 | Economy Credit Union | Nma Federal Credit Union |
| Jul 24, 1995 | First Colonial Bank Northwest | Firstar Bank Illinois |
| Jul 22, 1995 | Knoblauch State Bank | Royal Bank America |
| Jul 22, 1995 | Falls Financial, Incorporated | Fifth Third Bancorp |
| Jul 21, 1995 | City Bank of Bloomington-Normal | The First National Bank of Central Illinois |
| Jul 21, 1995 | OMNIBANK Parker Road | KeyBank National Association |
| Jul 21, 1995 | OMNIBANK Aurora | KeyBank National Association |
| Jul 21, 1995 | Local 18-B Credit Union | Sourceone Credit Union |
| Jul 21, 1995 | OMNIBANK Southeast | KeyBank National Association |
| Jul 21, 1995 | Fort National Bank | First National Bank & Trust Co. of Leavenworth |
| Jul 21, 1995 | Omnibank Commerce City | KeyBank National Association |
| Jul 21, 1995 | OMNIBANK Iliff | KeyBank National Association |
| Jul 21, 1995 | American Bancorporation Holding Company | International Bancorporation, Inc. |
| Jul 21, 1995 | CSB Bancshares, Inc. | Banc One Kentucky Corporation |
| Jul 21, 1995 | LNB Acquisition Corporation | Banc One Kentucky Corporation |
| Jul 20, 1995 | Ocheyedan Bancorporation | Milford Bancorporation |
| Jul 18, 1995 | Premier Bank-Richlands, National Association | Premier Bank, National Association |
| Jul 18, 1995 | North Bay Bancorp | Westamerica Bancorporation |
| Jul 17, 1995 | First Colonial Bank/Mundelein | Firstar Bank Illinois |
| Jul 17, 1995 | Bank Maryland Corp. | Mason-Dixon Merger Sub, Inc. |
| Jul 17, 1995 | Powers Employees Credit Union | Iowa Community Credit Union |
| Jul 15, 1995 | Farmers State Bank of Worden | Stockman Bank of Billings |
| Jul 15, 1995 | Bank of Encino | Santa Monica Bank |
| Jul 15, 1995 | Norwest Trust Texas, N.A. - Waco | Norwest Bank Texas, Waco, National Association |
| Jul 15, 1995 | Gateway Bank | Lake City Bank |
The list holds 500 of the 1,247 mergers recorded for 1995.
Enforcement Actions in 1995
| Action date | Agency | Institution | Action |
|---|---|---|---|
| Nov 14, 1995 | OCC | Worthen Financial Corporation | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): McGibbony, Frank M. |
| Nov 13, 1995 | OCC_OTS | (individual) | Orders of Removal/Prohibition: Janice Parker |
| Nov 13, 1995 | OCC_OTS | Commercial Federal Bank, a Federal Savings Bank | Cease and Desist: Ginger Dawn Green |
| Nov 13, 1995 | OCC_OTS | (individual) | Cease and Desist: Janice Parker |
| Nov 13, 1995 | OCC_OTS | Commercial Federal Bank, a Federal Savings Bank | Orders of Removal/Prohibition: Ginger Dawn Green |
| Nov 8, 1995 | OCC_OTS | (individual) | Civil Money Penalty: John Bailey |
| Nov 8, 1995 | OCC_OTS | Crestmont Federal Savings and Loan Association | Cease and Desist: Lawrence B. Seidman |
| Nov 8, 1995 | OCC_OTS | (individual) | Cease and Desist: John Bailey |
| Nov 8, 1995 | OCC_OTS | (individual) | Civil Money Penalty: Lawrence B Seidman |
| Nov 7, 1995 | OCC | Sequoia National Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Sequoia National Bank |
| Nov 3, 1995 | OCC_OTS | Perpetual Savings and Loan Association | Orders of Removal/Prohibition: Kathy M. McKee |
| Nov 1, 1995 | FRB | (individual) | Order to Terminate Activities: The Daiwa Bank, Limited, Osaka, Japan, and The Daiwa Bank … |
| Oct 31, 1995 | OCC_OTS | Union Bancorp | Cease and Desist: Ronald A. Griffith |
| Oct 31, 1995 | OCC_OTS | (individual) | Cease and Desist: Robert C. Steel |
| Oct 31, 1995 | OCC_OTS | Union Federal Bank, A federal savings bank | Orders of Removal/Prohibition: William S. Martin |
| Oct 31, 1995 | OCC_OTS | (individual) | Orders of Removal/Prohibition: Robert C. Steel |
| Oct 31, 1995 | OCC_OTS | Union Bancorp | Cease and Desist: Willaim S. Martin |
| Oct 26, 1995 | OCC_OTS | New England Federal Savings Association | Orders of Removal/Prohibition: Richard P. Lahar |
| Oct 24, 1995 | OCC | The First National Bank of Enfield | Formal Agreement: The First National Bank Of Enfield Illinois |
| Oct 20, 1995 | OCC | Banco Economico S.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Banco Economico S.A. |
| Oct 19, 1995 | OCC_OTS | Eureka Homestead | Civil Money Penalty: George Wegmann |
| Oct 19, 1995 | OCC_OTS | Eureka Homestead | Cease and Desist: George Wegmann |
| Oct 17, 1995 | FRB | The Security State Bank of Pecos, Texas | Cease and Desist Order: The Security State of Bank of Pecos, Pecos, TX |
| Oct 13, 1995 | OCC | Glendale National Bank of New Jersey | Civil Money Penalty (CMP): Costalas, Constantinos I. |
| Oct 13, 1995 | OCC | Glendale National Bank of New Jersey | Prohibition/Removal Orders: Costalas, Constantinos I. |
| Oct 13, 1995 | FRB | (individual) | Civil Money Penalty $25,000: Constantinos I. Costalas |
| Oct 13, 1995 | FRB | (individual) | Prohibition from Banking: Constantinos I. Costalas |
| Oct 10, 1995 | OCC | First National Bank of Southeast Denver | Prohibition/Removal Orders: Vasa, William |
| Oct 9, 1995 | OCC | Financial Services of the Rockies, Inc. | Prohibition/Removal Orders: Hampton, Carole A. |
| Oct 3, 1995 | OCC_OTS | TCF Financial Corp. | Orders of Removal/Prohibition: Chee Chang |
| Oct 3, 1995 | OCC_OTS | TCF Financial Corp. | Cease and Desist: Chee Chang |
| Oct 2, 1995 | FRB | (individual) | Cease and Desist Order: The Daiwa Bank, Limited, Osaka, Japan, and The Daiwa Bank … |
| Oct 2, 1995 | FRB | (individual) | Notice of Intent: The Daiwa Bank, Limited, Osaka, Japan, and The Daiwa Bank Limited … |
| Oct 2, 1995 | OCC_OTS | First Security Federal Savings Bank | Orders of Removal/Prohibition: Irene L. Hieromnimon |
| Sep 28, 1995 | OCC_OTS | Eureka Homestead | Cease and Desist: Oscar M. Gwin, Jr. |
| Sep 28, 1995 | OCC_OTS | Eureka Homestead | Civil Money Penalty: Edouard C. Carrere, Jr. |
| Sep 28, 1995 | OCC_OTS | Eureka Homestead | Civil Money Penalty: Lawrence Babst |
| Sep 28, 1995 | OCC_OTS | Eureka Homestead | Civil Money Penalty: Louis V. Rand II |
| Sep 28, 1995 | OCC_OTS | Eureka Homestead | Civil Money Penalty: M. Ellis Frater, Jr. |
| Sep 28, 1995 | OCC_OTS | Eureka Homestead | Cease and Desist: Edouard C. Carrere, Jr. |
| Sep 28, 1995 | OCC_OTS | Eureka Homestead | Civil Money Penalty: Oscar M. Gwin, Jr. |
| Sep 28, 1995 | OCC_OTS | Eureka Homestead | Cease and Desist: Arthur L. Jung, III |
| Sep 28, 1995 | OCC_OTS | Eureka Homestead | Cease and Desist: Lawrence Babst |
| Sep 28, 1995 | OCC_OTS | Eureka Homestead | Cease and Desist: Louis V. Rand II |
| Sep 28, 1995 | OCC_OTS | Eureka Homestead | Cease and Desist: M. Ellis Frater, Jr., |
| Sep 28, 1995 | OCC_OTS | Eureka Homestead | Civil Money Penalty: Arthur L. Jung III |
| Sep 28, 1995 | OCC | The First National Bank of Gordon | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Ruse, Gary E. |
| Sep 27, 1995 | OCC_OTS | Savings Bank of the Finger Lakes, FSB | Orders of Removal/Prohibition: James R. Larson |
| Sep 22, 1995 | OCC | The Malta National Bank | Civil Money Penalty (CMP): Davis, Fred |
| Sep 20, 1995 | OCC | Marathon Bancorp | Formal Agreement: Marathon National Bank |
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