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 |
|---|---|---|---|
| Apr 20, 1995 | OCC_OTS | (individual) | Orders of Removal/Prohibition: George Milburn |
| Apr 13, 1995 | FRB | Southern Security Bank Corporation | Written Agreement: James Wilson |
| Apr 13, 1995 | FRB | Southern Security Bank Corporation | Written Agreement: Philip C. Modder |
| Apr 13, 1995 | FRB | Southern Security Bank Corporation | Written Agreement: Southern Security Bank Corporation, Inc., Deerfield Beach, FL |
| Apr 7, 1995 | OCC_OTS | Gateway Federal Savings Bank | Civil Money Penalty: Arthur Chan |
| Apr 7, 1995 | OCC_OTS | Gateway Federal Savings Bank | Civil Money Penalty: Nai Yu Pai |
| Apr 7, 1995 | OCC_OTS | Gateway Federal Savings Bank | Civil Money Penalty: Laurence Wang |
| Apr 7, 1995 | OCC_OTS | Gateway Federal Savings Bank | Civil Money Penalty: Norman Lew |
| Apr 7, 1995 | OCC_OTS | Gateway Bank, F.S.B. | Civil Money Penalty: John Loh |
| Apr 7, 1995 | OCC_OTS | Gateway Federal Savings Bank | Civil Money Penalty: Gordon Bellar |
| Apr 6, 1995 | FRB | UFJ Trust Company of New York | Prohibition from Banking: MM&E Consulting, New York, NY |
| Apr 6, 1995 | OCC_OTS | Lawrence Financial Holdings, Inc. | Orders of Removal/Prohibition: Kevin L. Meenach |
| Apr 6, 1995 | FRB | UFJ Trust Company of New York | Prohibition from Banking: Andrew Persampire |
| Apr 6, 1995 | FRB | UFJ Trust Company of New York | Cease and Desist Order: Persampire & Associates, New York, NY |
| Apr 6, 1995 | FRB | UFJ Trust Company of New York | Cease and Desist Order: MM&E Consulting, New York, NY |
| Apr 6, 1995 | FRB | UFJ Trust Company of New York | Cease and Desist Order: Andrew Persampire |
| Apr 5, 1995 | OCC | First National Bank and Trust of Syracuse | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Wellensiek, Otto H. |
| Apr 4, 1995 | OCC_OTS | Fidelity Federal Savings Bank | Civil Money Penalty: Lawrence A. Swanson |
| Apr 4, 1995 | OCC_OTS | Eureka Homestead | Cease and Desist: Karen Johnson |
| Apr 4, 1995 | OCC_OTS | Eureka Homestead | Cease and Desist: Marie Cucuru |
| Apr 4, 1995 | OCC_OTS | Fidelity Federal Savings Bank | Cease and Desist: Lawrence A. Swanson, Jr. |
| Apr 3, 1995 | FRB | Investors Bancorporation, Inc. | Civil Money Penalty $1,500: Steven J. Hirsch |
| Mar 31, 1995 | OCC | First National Bank and Trust of Syracuse | Formal Agreement: First National Bank And Trust Of Syracuse |
| Mar 31, 1995 | OCC_OTS | First Federal Savings Bank | Cease and Desist: First Trust Savings Bank, F.S.B. |
| Mar 31, 1995 | OCC_OTS | United Savings Association of Texas | Orders of Removal/Prohibition: Tracey L. Jenkins |
| Mar 31, 1995 | OCC_OTS | United Savings Association of Texas | Cease and Desist: Tracey L. Jenkins |
| Mar 30, 1995 | OCC_OTS | First New London Savings and Loan Association Incorporated | Supervisory Agreement: First New London Savings and Loan Association, Inc. |
| Mar 28, 1995 | FRB | Citizens State Bank and Trust Company | Prohibition from Banking: Dane B. Britton |
| Mar 28, 1995 | FRB | Citizens State Bank and Trust Company | Civil Money Penalty $10,000: Dane B. Britton |
| Mar 24, 1995 | OCC | Sequoia Bancshares, Inc. | Formal Agreement: Sequoia National Bank |
| Mar 16, 1995 | OCC_OTS | Charter Federal Savings and Loan Association | Cease and Desist: John W. Johnson, Jr. |
| Mar 16, 1995 | OCC_OTS | Charter Federal Savings and Loan Association | Cease and Desist: R. Terry Taunton |
| Mar 16, 1995 | OCC_OTS | Charter Federal Savings and Loan Association | Cease and Desist: Robert L. Johnson |
| Mar 13, 1995 | OCC_OTS | Colorado Federal Savings Bank | Supervisory Agreement: Colorado Federal Savings Bank |
| Mar 10, 1995 | OCC_OTS | Peoples Heritage Savings, A Federal Savings and Loan Association | Orders of Removal/Prohibition: Don S. Jackson |
| Mar 10, 1995 | OCC_OTS | (individual) | Cease and Desist: Jenkins & Gilchrist, People Heritage |
| Mar 9, 1995 | OCC_OTS | American Federal Savings Bank | Cease and Desist: Paley, Rothman, Goldstein, Mark S. |
| Mar 8, 1995 | OCC_OTS | TCF Financial Corp. | Orders of Removal/Prohibition: Ayesha Siddiq |
| Mar 8, 1995 | OCC_OTS | (individual) | Cease and Desist: William Selsberg |
| Mar 7, 1995 | OCC_OTS | Homeland Federal Savings Bank | Orders of Removal/Prohibition: Johnnie W. McCoy |
| Mar 7, 1995 | OCC_OTS | (individual) | Civil Money Penalty: Robert F. Eberle, Jr. |
| Mar 7, 1995 | OCC_OTS | (individual) | Cease and Desist: Robert F. Eberle |
| Mar 7, 1995 | OCC_OTS | (individual) | Orders of Removal/Prohibition: Robert F. Eberle |
| Mar 6, 1995 | OCC | Summit National Bank | C&D or PC&D Requiring Restitution: Gawrych, John |
| Mar 6, 1995 | OCC | Summit National Bank | Civil Money Penalty (CMP): Gawrych, John |
| Mar 3, 1995 | OCC_OTS | Home Federal Savings and Loan Association | Supervisory Agreement: Home Federal Savings and Loan Association |
| Mar 2, 1995 | OCC_OTS | American Federal Savings Bank | Cease and Desist: William Kaplan |
| Mar 2, 1995 | OCC_OTS | American Federal Savings Bank | Cease and Desist: Michele Leavy |
| Mar 2, 1995 | OCC_OTS | American Federal Savings Bank | Cease and Desist: Samuel Lehrman |
| Mar 2, 1995 | OCC_OTS | (individual) | Cease and Desist: Sheldon Blitz |
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