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 |
|---|---|---|---|
| Dec 28, 1995 | OCC_OTS | Union Federal Bank, A federal savings bank | Orders of Removal/Prohibition: Pritam Singh |
| Dec 28, 1995 | OCC_OTS | Union Federal Bank, a Federal Savings Bank | Cease and Desist: Pritam Singh |
| Dec 28, 1995 | OCC_OTS | First Commonwealth Savings Bank | Supervisory Agreement: First Commonwealth Savings Bank, FSB |
| Dec 21, 1995 | FRB | Charter Mortgage | Written Agreement: Charter State Bank, Beebe, AR and Charter Mortgage and Investments, Inc., North … |
| Dec 20, 1995 | FRB | BancFirst | Prohibition from Banking: Patricia A. Hand |
| Dec 20, 1995 | OCC_OTS | Union Financial Corporation | Supervisory Agreement: Union Savings Bank |
| Dec 19, 1995 | OCC | Banco Economico S.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Banco Economico S.A. |
| Dec 18, 1995 | OCC_OTS | Greater Atlantic Bank | Supervisory Agreement: Greater Atlantic Savings Bank, FSB |
| Dec 16, 1995 | OCC | Summit National Bank | C&D or PC&D Requiring Restitution: Garbus, Ronald |
| Dec 16, 1995 | OCC | Summit National Bank | Civil Money Penalty (CMP): Madeux, Raymond |
| Dec 16, 1995 | OCC | Summit National Bank | Civil Money Penalty (CMP): Garbus, Ronald |
| Dec 16, 1995 | OCC | Summit National Bank | Civil Money Penalty (CMP): Frigo, David |
| Dec 16, 1995 | OCC | Summit National Bank | Civil Money Penalty (CMP): Donne, Delia |
| Dec 16, 1995 | OCC | Summit National Bank | C&D or PC&D Requiring Restitution: Madeux, Raymond |
| Dec 16, 1995 | OCC | Summit National Bank | C&D or PC&D Requiring Restitution: Frigo, David |
| Dec 15, 1995 | FRB | First Western Bank | Written Agreement: First Western Bank, Cooper City, FL |
| Dec 15, 1995 | OCC | Summit National Bank | C&D or PC&D Requiring Restitution: Nejaime, Norman |
| Dec 15, 1995 | OCC | Summit National Bank | Civil Money Penalty (CMP): Nejaime, Norman |
| Dec 14, 1995 | OCC_OTS | Key Trust Company of Florida, N.A. | Cease and Desist: John G. Kuykendall |
| Dec 14, 1995 | OCC_OTS | Perpetual Savings Bank, Federal Savings Bank | Cease and Desist: William G. Thomas |
| Dec 14, 1995 | OCC | Key Florida Bancorp, Inc. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Kuykendall, John G. |
| Dec 13, 1995 | OCC_OTS | Eureka Homestead | Cease and Desist: Joe S. Dickson, Jr. |
| Dec 13, 1995 | OCC_OTS | Eureka Homestead | Orders of Removal/Prohibition: Joe S. Dickson Jr. |
| Dec 13, 1995 | OCC_OTS | Eureka Homestead | Cease and Desist: Joe S. Dickson, Jr. |
| Dec 13, 1995 | OCC_OTS | (individual) | Cease and Desist: United Financial Group |
| Dec 12, 1995 | OCC_OTS | First Fidelity Trust Company, New York | Cease and Desist: Bruno Greco |
| Dec 12, 1995 | OCC | National Mercantile Capital Trust I | Formal Agreement: Mercantile National Bank |
| Dec 12, 1995 | OCC_OTS | First Fidelity Trust Company, New York | Orders of Removal/Prohibition: Bruno Greco |
| Dec 8, 1995 | OCC_OTS | (individual) | Orders of Removal/Prohibition: Rebecca Manley Jedinak |
| Dec 8, 1995 | OCC_OTS | (individual) | Orders of Removal/Prohibition: Russell M. Jedinak |
| Dec 8, 1995 | OCC_OTS | (individual) | Cease and Desist: Rebecca Manley Jedinak |
| Dec 8, 1995 | OCC_OTS | (individual) | Cease and Desist: Russell M. Jedinak |
| Dec 7, 1995 | FRB | (individual) | Cease and Desist Order: Professional Bank, Denver, CO |
| Dec 6, 1995 | OCC | Summit National Bank | C&D or PC&D Requiring Restitution: Donne, Delia |
| Dec 6, 1995 | OCC | Worthen Financial Corporation | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Miller, Patrick D. |
| Dec 4, 1995 | OCC_OTS | Superior Financial Services, Inc | Orders of Removal/Prohibition: Calvin Ray Freeman |
| Dec 1, 1995 | OCC_OTS | (individual) | Orders of Removal/Prohibition: David G. Huckle |
| Nov 28, 1995 | OCC_OTS | Leader Federal Bank for Savings | Orders of Removal/Prohibition: William Dunlap Cannon III |
| Nov 27, 1995 | OCC_OTS | Comfed Savings Bank Federal Association | Cease and Desist: James Baldini |
| Nov 27, 1995 | OCC_OTS | (individual) | Orders of Removal/Prohibition: Jeffrey Allan White |
| Nov 20, 1995 | OCC | Capital National Bank | Prohibition/Removal Orders: Ramirez, Elsie |
| Nov 20, 1995 | OCC_OTS | Albank Financial Corporation | Orders of Removal/Prohibition: Theresa Zangrilli |
| Nov 16, 1995 | OCC_OTS | Eureka Homestead | Civil Money Penalty: E. Carlton Guillot, Jr. |
| Nov 16, 1995 | OCC_OTS | Eureka Homestead | Cease and Desist: E. Carlton Guillot, Jr. |
| Nov 15, 1995 | OCC_OTS | Gateway Federal Savings Bank | Cease and Desist: Gateway Bank, FSB |
| Nov 15, 1995 | OCC_OTS | Gateway Federal Savings Bank | Civil Money Penalty: Ferdinand Chen |
| Nov 14, 1995 | OCC | First National Bank of Shawnee Mission | Prohibition/Removal Orders: McCarthy, Lynn L. |
| Nov 14, 1995 | OCC | First National Bank of Shawnee Mission | Civil Money Penalty (CMP): McCarthy, Lynn L. |
| Nov 14, 1995 | OCC | First National Bank of Shawnee Mission | Civil Money Penalty (CMP): Edmunds, Frederick C. |
| Nov 14, 1995 | OCC | Worthen Financial Corporation | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Weber, Jamai W. |
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