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 |
|---|---|---|---|
| Sep 18, 1995 | OCC_OTS | Heart of Illinois Bank, F.S.B. | Civil Money Penalty: G. Raymond Becker |
| Sep 15, 1995 | OCC_OTS | (individual) | Orders of Removal/Prohibition: Annette Coram |
| Sep 12, 1995 | FRB | United States Trust Company of New York | Cease and Desist Order: Colin Vickerie |
| Sep 11, 1995 | OCC_OTS | Rushmore Trust and Savings, FSB | Supervisory Agreement: Rushmore Trust and Savings, FSB |
| Sep 7, 1995 | FRB | Maple Park Bancshares, Inc. | Written Agreement: First State Bank of Maple Park and Maple Park Bancshares, Inc., Maple … |
| Sep 5, 1995 | OCC_OTS | (individual) | Cease and Desist: Alice M. Durham |
| Sep 5, 1995 | OCC | The First National Bank of Gatlinburg | Civil Money Penalty (CMP): McNerney, Thomas M. |
| Sep 5, 1995 | OCC_OTS | (individual) | Supervisory Agreement: Citizens Federal Savings Bank (The May/Hannon Group) |
| Sep 5, 1995 | OCC_OTS | (individual) | Supervisory Agreement: Citizens Federal Savings Bank (The Costin Group) |
| Sep 5, 1995 | OCC_OTS | (individual) | Orders of Removal/Prohibition: Sharon Bosch |
| Sep 5, 1995 | OCC_OTS | (individual) | Orders of Removal/Prohibition: Alice M. Durham |
| Sep 5, 1995 | OCC_OTS | Greater Boston Bank A Co-operative Bank | Cease and Desist: John J. Ryan |
| Aug 25, 1995 | OCC | Jefferson National Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Pack, Harry S. |
| Aug 25, 1995 | OCC_OTS | Eureka Homestead | Cease and Desist: Stephen S. Sovinksy |
| Aug 25, 1995 | OCC_OTS | (individual) | Orders of Removal/Prohibition: Marricca Price |
| Aug 25, 1995 | OCC_OTS | (individual) | Orders of Removal/Prohibition: William Floyd Morgan Jr. |
| Aug 23, 1995 | OCC_OTS | BankAtlantic, A Federal Savings Bank | Supervisory Agreement: BankAtlantic, A Federal Savings Bank |
| Aug 21, 1995 | OCC_OTS | Crestline Federal Savings and Loan Association | Orders of Removal/Prohibition: Donna Marie Wagoner |
| Aug 17, 1995 | OCC | First of America Bank-Rochester, N.A. | Civil Money Penalty (CMP): Schueler, William A. |
| Aug 17, 1995 | OCC | First of America Bank-Rochester, N.A. | Prohibition/Removal Orders: Schueler, William A. |
| Aug 8, 1995 | OCC | American Commerce National Bank | Civil Money Penalty (CMP): Gough, Galal |
| Aug 7, 1995 | OCC | The Home National Bank | Prohibition/Removal Orders: Alexander, Wesley E. |
| Aug 7, 1995 | OCC | First National Bank of Shawnee Mission | Civil Money Penalty (CMP): Hoy, Rex B. |
| Aug 3, 1995 | OCC_OTS | Osage Federal Savings and Loan Association | Supervisory Agreement: Osage Federal Savings and Loan Association |
| Jul 27, 1995 | OCC | The Casey National Bank | Civil Money Penalty (CMP): Grotenhuis, Stanton W. |
| Jul 27, 1995 | OCC | The Casey National Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Gard, Laura Grotenhuis |
| Jul 27, 1995 | OCC_OTS | American Savings and Loan Association of Florida | Cease and Desist: American Savings of Florida FSB |
| Jul 27, 1995 | OCC | The Casey National Bank | Civil Money Penalty (CMP): Gard, Laura Grotenhuis |
| Jul 24, 1995 | OCC | Cedar National Bank | Civil Money Penalty (CMP): McKinley, Hal |
| Jul 24, 1995 | OCC | Cedar National Bank | Civil Money Penalty (CMP): Neeley, Garry |
| Jul 24, 1995 | OCC | Cedar National Bank | Civil Money Penalty (CMP): McKinley, Keith |
| Jul 24, 1995 | OCC | Cedar National Bank | Civil Money Penalty (CMP): Homeyer, Norman |
| Jul 24, 1995 | OCC | (individual) | Civil Money Penalty (CMP): Dieterich, David |
| Jul 24, 1995 | OCC_OTS | Albion Federal Savings and Loan Association | Supervisory Agreement: Albion Federal Savings and Loan Association |
| Jul 21, 1995 | OCC | Sequoia National Bank | Civil Money Penalty (CMP): Sarsfield, William C. |
| Jul 18, 1995 | OCC_OTS | First Bank of Beverly Hills | Orders of Removal/Prohibition: Howard Lehman |
| Jul 18, 1995 | OCC_OTS | First Bank of Beverly Hills | Orders of Removal/Prohibition: Milton R. Levitt |
| Jul 17, 1995 | OCC | The State National Bank of Garfield | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): The State National Bank Of Garfield |
| Jul 14, 1995 | FRB | (individual) | Prohibition from Banking: Ernest Vickers, III |
| Jul 12, 1995 | FRB | CSB Investors | Civil Money Penalty $10,000: John Kirkpatrick |
| Jul 12, 1995 | FRB | CSB Investors | Civil Money Penalty $15,000: Stuart Urban |
| Jul 12, 1995 | FRB | CSB Investors | Civil Money Penalty $2,000: Byung Ho Chang |
| Jul 12, 1995 | FRB | CSB Investors | Civil Money Penalty $2,000: Robert Armbruster |
| Jul 12, 1995 | FRB | CSB Investors | Civil Money Penalty $2,500: Leslie R. Cohen |
| Jul 11, 1995 | FRB | United Bank Limited | Written Agreement: United Bank Limited, Karachi, Pakistan and United Bank Limited, New York, NY |
| Jul 6, 1995 | OCC_OTS | Columbia Banking Federal Savings Association | Orders of Removal/Prohibition: Albert L. Hartsig III |
| Jul 5, 1995 | OCC_OTS | Franklin Federal Bancorp, A Federal Savings Bank | Supervisory Agreement: Franklin Federal Bancorp, A Federal Savings Bank |
| Jun 30, 1995 | OCC_OTS | Union Federal Bank, A federal savings bank | Orders of Removal/Prohibition: Roger L. Kringen |
| Jun 30, 1995 | OCC_OTS | Union Bancorp | Cease and Desist: Roger L. Kringen |
| Jun 29, 1995 | OCC_OTS | (individual) | Cease and Desist: Michael P. Shea |
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