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 |
|---|---|---|---|
| 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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