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 |
|---|---|---|
| Oct 6, 1995 | Echo Bancshares, Inc. | Yellow Medicine Bancshares, Inc. |
| Oct 5, 1995 | Shawmut Trust Company of Rhode Island | Fleet National Bank |
| Oct 5, 1995 | Working People Federal Credit Union | Family Savings Credit Union |
| Oct 3, 1995 | Friona Bancorporation | PlainsCapital Corporation |
| Oct 3, 1995 | Chrisman-Sawyer Bank | Hillcrest Bank |
| Oct 3, 1995 | Peoples Bancshares, Inc. | Louisiana Banc One Corporation |
| Oct 3, 1995 | Peoples Bank & Trust Company of St. Bernard | First National Bank of Commerce |
| Oct 2, 1995 | Railroad Savings Bank, F.S.B. | Commercial Federal Bank, a Federal Savings Bank |
| Oct 2, 1995 | Farmers Savings Bank | Lincoln Savings Bank |
| Oct 2, 1995 | The Farmers and Merchants National Bank of Kaufman | First Farmers and Merchants Bank |
| Oct 2, 1995 | (unnamed) | The National Bank of Andrews |
| Oct 2, 1995 | Chattanooga Refinery Credit Union | Southern Cu |
| Oct 2, 1995 | Niagara Lockport Credit Union | Focus Credit Union |
| Oct 2, 1995 | Bank of Stephenson | mBank |
| Oct 2, 1995 | American National Bank of Duncan | Amquest Bank, N.A. |
| Oct 2, 1995 | U. P. Terminal Federal Credit Union | U.P. Connection Federal Credit Union |
| Oct 2, 1995 | Nwoea Federal Credit Union | Hancock Federal Credit Union |
| Oct 1, 1995 | Gas Light Employees Credit Union | Kinetic Credit Union |
| Oct 1, 1995 | United Northern Bancorp, Inc. | HSBC USA Inc. |
| Oct 1, 1995 | Bright Financial Services, Inc. | First Financial Bancorp |
| Oct 1, 1995 | Commercial Bank of Georgia | Colonial Bank |
| Oct 1, 1995 | General Services Administration No 1 Federal Credit Union | Gsa Federal Credit Union |
| Oct 1, 1995 | Saint Joseph Parish Carnegie, Pa Federal Credit Union | Southwest Communities Federal Credit Union |
| Oct 1, 1995 | M.C.H. Employees Federal Credit Union | Erie Federal Credit Union |
| Oct 1, 1995 | Pcse Federal Credit Union | Universal 1 Credit Union, Inc. |
| Oct 1, 1995 | Liberty Federal Credit Union | Belco Community Credit Union |
| Oct 1, 1995 | South Bend Lathe Employees Federal Credit Union | Policemen's Federal Credit Union |
| Oct 1, 1995 | First Bank of Minnesota | First Minnesota Bank |
| Oct 1, 1995 | Frederick Douglass Headstart Federal Credit Union | Federal Employees West Federal Credit Union |
| Oct 1, 1995 | Tri-Local Federal Credit Union | Valley One Community Federal Credit Union |
| Oct 1, 1995 | Financial Investment Corporation | First Horizon Corporation |
| Oct 1, 1995 | Fall River State Bank | First Neodesha Bank |
| Oct 1, 1995 | Lanier Clothes Employees Credit Union | Ascend Federal Credit Union |
| Oct 1, 1995 | Lozier Employees Credit Union | Centris Federal Credit Union |
| Oct 1, 1995 | First Savings and Loan Association of New Hampshire | Vermont Federal Bank, FSB |
| Oct 1, 1995 | United Northern Federal Savings Bank | HSBC Bank USA, N.A. |
| Oct 1, 1995 | The First National Bank in Ashdown | State First National Bank |
| Oct 1, 1995 | Defense Supply of Philadelphia Federal Credit Union | Sun Federal Credit Union |
| Oct 1, 1995 | Rockwood Industrial Federal Credit Union | United Trades Federal Credit Union |
| Oct 1, 1995 | Community First National Bank of Caledonia | Community First National Bank |
| Oct 1, 1995 | Lomas Cu | Southwest Airlines Federal Credit Union |
| Oct 1, 1995 | Staunton Employees Credit Union | Dupont Community Credit Union |
| Oct 1, 1995 | Boogaart Employees Credit Union | Central Kansas Credit Union |
| Oct 1, 1995 | Central Texas Catholic Credit Union | Randolph-Brooks Federal Credit Union |
| Oct 1, 1995 | Highland Bancorporation, Inc. | Highland Bancshares, Inc. |
| Oct 1, 1995 | Indian Path Credit Union | Appalachian Community Federal Credit Union |
| Oct 1, 1995 | Community First National Bank of Mabel | Community First National Bank |
| Oct 1, 1995 | Burnett Federal Savings Bank | The Bank of Kentucky, Inc. |
| Oct 1, 1995 | M&I South Shore Bank | M&I Marshall and Ilsley Bank |
| Oct 1, 1995 | M&I Bank of Antigo | M&I Merchants 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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