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 |
|---|---|---|---|
| Jun 29, 1995 | OCC | The Casey National Bank | Prohibition/Removal Orders: Grotenhuis, Stanton W. |
| Jun 28, 1995 | OCC_OTS | Fidelity Federal Savings and Loan Associates | Supervisory Agreement: Fidelity Federal Bank, FSB |
| Jun 28, 1995 | FRB | Country Hill Bank | Cease and Desist Order: John Harlow, Jr. |
| Jun 28, 1995 | FRB | Country Hill Bank | Prohibition from Banking: John Harlow, Jr. |
| Jun 27, 1995 | OCC_OTS | Lochaven Federal Savings and Loan Association | Supervisory Agreement: Lochaven Federal Savings and Loan Association |
| Jun 20, 1995 | OCC_OTS | Alaska Federal Savings Bank | Supervisory Agreement: Alaska Federal Savings Bank |
| Jun 15, 1995 | OCC_OTS | Partners Savings Bank | Supervisory Agreement: Partners Savings Bank |
| Jun 12, 1995 | OCC_OTS | (individual) | Orders of Removal/Prohibition: Robert V. Good |
| Jun 12, 1995 | OCC | Jefferson National Bank | Prohibition/Removal Orders: Swartz, H. Thomas |
| Jun 12, 1995 | FRB | Cedar Vale Bank Holding Company, Inc. | Civil Money Penalty $5,000: James J. Long |
| Jun 12, 1995 | OCC_OTS | First Federal Savings Bank | Cease and Desist: Robert V. Good |
| Jun 9, 1995 | OCC_OTS | First Virgin Islands FSB | Cease and Desist: First Virgin Island FSB |
| Jun 9, 1995 | OCC | The First National Bank of New Boston | Civil Money Penalty (CMP): Dear, Marshall |
| Jun 9, 1995 | OCC | The First National Bank of New Boston | C&D or PC&D Requiring Restitution: Dear, Marshall |
| Jun 9, 1995 | OCC | The First National Bank of New Boston | Prohibition/Removal Orders: Dear, Marshall |
| Jun 8, 1995 | OCC | (individual) | C&D or PC&D Requiring Restitution: Consolidated Bank, N.A. |
| Jun 8, 1995 | OCC | American Commerce National Bank | Prohibition/Removal Orders: Gough, Galal |
| Jun 8, 1995 | OCC_OTS | Provident Bancshares, Inc. | Civil Money Penalty: Richard D. Carlson |
| Jun 8, 1995 | OCC_OTS | Provident Savings Bank, a federal savings bank | Orders of Removal/Prohibition: Richard D. Carlson |
| Jun 6, 1995 | OCC_OTS | (individual) | Cease and Desist: Charles Hostetler |
| Jun 5, 1995 | OCC_OTS | (individual) | Orders of Removal/Prohibition: Linda Jean Webb |
| Jun 5, 1995 | OCC_OTS | CrossLand Federal Savings Bank | Cease and Desist: Donald M. Berman |
| May 31, 1995 | OCC_OTS | (individual) | Orders of Removal/Prohibition: Cheryl Rodriguez |
| May 31, 1995 | OCC_OTS | (individual) | Cease and Desist: Cheryl Rodriguez |
| May 25, 1995 | OCC_OTS | Capitol Federal Financial | Orders of Removal/Prohibition: Rama John |
| May 24, 1995 | FRB | First Executive Corp. | Written Agreement: ExecuFirst Bancorp, Inc., and First Executive Bank, Philadelphia, PA |
| May 18, 1995 | OCC_OTS | Colorado Federal Savings Bank | Civil Money Penalty: Daniel Allen |
| May 18, 1995 | FRB | Bank of Credit and Commerce International S.A. | Prohibition from Banking: H.H. Sheikh Hamad bin Mohammed Al-Sharqi |
| May 18, 1995 | FRB | Bank of Credit and Commerce International S.A. | Prohibition from Banking: H.H. Sheikh Humaid bin Rashid Al-Nuaimi |
| May 17, 1995 | OCC | Citizens Bank | Formal Agreement: Citizens Bank National Association |
| May 16, 1995 | FRB | Texas Coastal Bank | Civil Money Penalty $25,000: G. Warren Coles, Jr. |
| May 16, 1995 | FRB | Texas Coastal Bank | Cease and Desist Order: Texas Coastal Bank, Pasadena, TX |
| May 16, 1995 | FRB | Texas Coastal Bank | Cease and Desist Order: B.F. Holcomb |
| May 16, 1995 | FRB | Texas Coastal Bank | Cease and Desist Order: C.R. Vickery, Jr. |
| May 16, 1995 | FRB | Texas Coastal Bank | Cease and Desist Order: G. Warren Coles, Jr. |
| May 16, 1995 | FRB | Texas Coastal Bank | Civil Money Penalty $15,000: B.F. Holcomb |
| May 16, 1995 | FRB | Texas Coastal Bank | Civil Money Penalty $35,000: C.R. Vickery, Jr. |
| May 16, 1995 | FRB | Texas Coastal Bank | Civil Money Penalty $5,000: Ben T. Harrison |
| May 16, 1995 | FRB | Texas Coastal Bank | Civil Money Penalty $5,000: Constance M. Vickery |
| May 15, 1995 | OCC_OTS | Guaranty Bank | Orders of Removal/Prohibition: Julie C. Parks |
| May 15, 1995 | OCC_OTS | Topa Savings Bank | Cease and Desist: Topa SB, FSB |
| May 12, 1995 | OCC_OTS | Colorado Federal Savings Bank | Civil Money Penalty: Louis N. Scholnik |
| May 12, 1995 | OCC_OTS | Guaranty Bank | Orders of Removal/Prohibition: Sandy A. Paiz |
| May 12, 1995 | OCC_OTS | Colorado Federal Savings Bank | Civil Money Penalty: Patrick Dalrymple |
| May 9, 1995 | OCC_OTS | Guaranty Financial Corporation | Supervisory Agreement: Guaranty Savings and Loan FA |
| May 8, 1995 | OCC_OTS | Bankers Savings Bank | Supervisory Agreement: Bankers Savings Bank |
| May 8, 1995 | OCC_OTS | Guaranty Bank | Orders of Removal/Prohibition: Lee Joseph Rothenflue |
| May 2, 1995 | FRB | Mid-Texas Bancshares, Inc. | Civil Money Penalty $2,500: A.G. Cummings |
| Apr 26, 1995 | OCC_OTS | Topa Savings Bank | Civil Money Penalty: Richard Kaybe |
| Apr 26, 1995 | OCC_OTS | Topa Equities, Limited | Civil Money Penalty: John Anderson |
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