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 |
|---|---|---|
| Dec 16, 1995 | SouthTrust Bank of Central Florida | SouthTrust Bank of Florida, National Association |
| Dec 16, 1995 | SouthTrust Bank of Orlando | SouthTrust Bank of Florida, National Association |
| Dec 16, 1995 | Banks of Iowa Credit Corporation | Firstar Corporation of Iowa |
| Dec 16, 1995 | Drexel Holding Company | The Shorebank Corporation |
| Dec 16, 1995 | Indecorp, Inc. | The Shorebank Corporation |
| Dec 16, 1995 | SouthTrust Bank of the Suncoast | SouthTrust Bank of Florida, National Association |
| Dec 16, 1995 | Drexel National Bank | Shorebank |
| Dec 16, 1995 | SouthTrust Bank of Southwest Florida National Association | SouthTrust Bank of Florida, National Association |
| Dec 16, 1995 | Great Country Bank | Centerbank |
| Dec 16, 1995 | Firstar CSC Corporation | Firstar Corporation of Iowa |
| Dec 15, 1995 | The Huntington National Bank of Pennsylvania | Fayette Bank |
| Dec 14, 1995 | The Burdett State Bank | First United National Bank and Trust Company |
| Dec 14, 1995 | Wayne County Bank and Trust Company | Peoples National Bank, N.A. |
| Dec 14, 1995 | Intercontinental Bank, National Association | NationsBank of Florida, National Association |
| Dec 14, 1995 | Community Bancshares of Indianola, Inc | Community Bancshares of Mississippi, Inc. |
| Dec 12, 1995 | First State Bank of Prairie Farm | Dairy State Bank |
| Dec 11, 1995 | Firstar Bank Cedar Falls | Firstar Bank Iowa, National Association |
| Dec 11, 1995 | Firstar Bank Quad Cities, National Association | Firstar Bank Iowa, National Association |
| Dec 9, 1995 | The Saratoga State Bank | Peoples Loan & Trust Bank |
| Dec 9, 1995 | Citizens First Bank | Venture Bank |
| Dec 9, 1995 | Palm Beach Savings & Loan, F.S.A. | First Bank of Florida |
| Dec 8, 1995 | Shawnee Bancorp, Inc. | Old National Bancorp |
| Dec 8, 1995 | Financial Realty, Inc. | Dauphin Deposit Corporation |
| Dec 8, 1995 | Farmco Realty Inc. | Dauphin Deposit Corporation |
| Dec 8, 1995 | The Bank of Harrisburg | The First National Bank of Harrisburg |
| Dec 7, 1995 | Rock Savings Bank, Savings Association | First Federal Capital Bank |
| Dec 7, 1995 | BankFirst National Association | BankFirst |
| Dec 5, 1995 | Bank of Webb | State Bank & Trust Company |
| Dec 2, 1995 | American Bank Burnsville | American Commercial Bank |
| Dec 2, 1995 | The First National Bank of Hermon | The Citizens National Bank of Malone |
| Dec 2, 1995 | The First National Bank of Ottawa | INTRUST Bank, N.A. |
| Dec 2, 1995 | Washington Mutual, a Federal Savings Bank | Washington Mutual Bank |
| Dec 2, 1995 | Camino Real Bancshares, Inc. | Caminoreal Bancshares of Texas, Inc. |
| Dec 1, 1995 | Skagit Valley Credit Union | Northwest Plus Credit Union |
| Dec 1, 1995 | W C F and M Employees Federal Credit Union | First Choice America Community Federal Credit Union |
| Dec 1, 1995 | Colorado Community First National Bank | (unnamed) |
| Dec 1, 1995 | Bay Cities National Bank | Opus Bank |
| Dec 1, 1995 | Tennessee Community Bank | Volunteer Bank |
| Dec 1, 1995 | Camino Real Bank, National Association | Camino Real Bank, National Association |
| Dec 1, 1995 | La Crosse Footwear Credit Union | Community Credit Union |
| Dec 1, 1995 | Breyer Employees Federal Credit Union | Upper Darby Belltelco Federal Credit Union |
| Dec 1, 1995 | The Homer National Bank | Bank One, Louisiana, National Association |
| Dec 1, 1995 | Baybanks, INC.-NEW Hampshire Corporation | Baybank, Inc. |
| Dec 1, 1995 | Saint Aloysius Parish Federal Credit Union | Glass City Federal Credit Union |
| Dec 1, 1995 | Maurice L. Quinn Properties, Inc. | Golden Bancshares, Inc. |
| Dec 1, 1995 | First Chicago Corporation | First Chicago NBD Corporation |
| Dec 1, 1995 | Colorado Community First National Bank | (unnamed) |
| Dec 1, 1995 | Midwest Baktay Employees Federal Credit Union | Commonwealth Credit Union |
| Dec 1, 1995 | Bank One, Kenosha, National Association | Bank One, Wisconsin, National Association |
| Dec 1, 1995 | Wes-Tenn Bancorp, Inc. | Bancorpsouth, Inc. |
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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