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