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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 HQ Assets Acquirer or resolution
Jul 28, 1995 Pacific Heritage Bank Torrance, CA $147.7M California Federal Bank , a
Jul 28, 1995 Founders Bank New Haven, CT $77.4M Centerbank
May 19, 1995 Bank USA, N.A. Kihei, Maui, HI $9.0M Hawaii National Bank
May 5, 1995 American S & L Association New York, NY $64.4M Interbank of New York
Apr 28, 1995 Continental Savings of America San Francisco, CA $359.4M California FB, FSB
Mar 31, 1995 Los Angeles Thrift and Loan Company Los Angeles, CA $23.4M California Federal Bank, a
Mar 3, 1995 First Trust Bank Ontario, CA $227.7M First State Bank of Califor
Jan 20, 1995 Guardian Bank Los Angeles, CA $316.9M Imperial Bank

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 St Acquirer
Dec 1, 1995 Glassboro Federal Credit Union NJ Jersey Shore Federal Credit Union
Dec 1, 1995 Citizens First Bank AR First Commercial Bank, National Association
Dec 1, 1995 Shawmut National Corporation CT Fleetboston Financial Corporation
Dec 1, 1995 Cfpco Employees Credit Union IL Members First Community Credit Union
Dec 1, 1995 The Commercial Bank of Obion TN Union Planters Bank of West Tennessee
Dec 1, 1995 School District 148 Employees Credit Union IL Illiana Financial Credit Union
Dec 1, 1995 Colorado Community First National Bank CO (unnamed)
Dec 1, 1995 South Carolina National Corporation SC Wachovia Corporation
Dec 1, 1995 Waterloo Industries Credit Union IA Cedar Falls Community Credit Union
Dec 1, 1995 Old Kent-Illinois, Inc. IL Old Kent Financial Corporation
Dec 1, 1995 L and F Employees Credit Union IL Citizens Equity First Credit Union
Dec 1, 1995 HNB Corporation LA Premier Bancorp, Incorporated
Dec 1, 1995 Smithco Employees Federal Credit Union PA Members 1st Federal Credit Union
Dec 1, 1995 R&C Employees Federal Credit Union GA Associated Credit Union
Dec 1, 1995 Colorado Community First National Bank CO (unnamed)
Nov 30, 1995 Northwest Community Bank WA Venture Bank
Nov 30, 1995 Confluence Bancshares Corporatiion MO Colonial Bancshares, Inc.
Nov 22, 1995 Camelback Trust Company AZ Colonial Trust Company
Nov 22, 1995 Fidelity Federal Savings & Loan Association PA Wilmington Savings Fund Society, FSB
Nov 21, 1995 Webster County Bank MO Central Bank of The Ozarks
Nov 20, 1995 Firstar Bank Cedar Rapids, National Association IA Firstar Bank Iowa, National Association
Nov 20, 1995 Myersville Bank MD First United Bank & Trust
Nov 20, 1995 Southwest Bank & Trust Company of Omaha, National Association NE First Bank National Association
Nov 18, 1995 First Virginia Bank - Southside VA First Virginia Bank - Colonial
Nov 18, 1995 Premier Bank-North, National Association VA Premier Bank-Central, National Association
Nov 18, 1995 Twin Lakes State Bank MN Citizens State Bank of Glenville
Nov 18, 1995 La Porte State Bank TX Charter National Bank - Houston
Nov 17, 1995 Norwest Bank Waseca, National Association MN Norwest Bank Minnesota South, National Association
Nov 17, 1995 Norwest Bank Minnesota South Central, National Association MN Norwest Bank Minnesota South, National Association
Nov 17, 1995 (unnamed) — Magna Bank, National Association
Nov 17, 1995 Norwest Bank Minnesota Central, National Association MN Norwest Bank Minnesota South, National Association
Nov 17, 1995 WesBanco Bank Elizabeth WV WesBanco Bank Parkersburg
Nov 17, 1995 Norwest Bank Minnesota Mesabi, National Association MN Norwest Bank Minnesota North, National Association
Nov 16, 1995 World Trade Bank, National Association CA Bank of Los Angeles
Nov 15, 1995 Belmont National Bank of Chicago IL Corus Bank, N.A.
Nov 15, 1995 First Exchange Bank TN Union Planters Bank of West Tennessee
Nov 14, 1995 Peoples Bank of Western Pennsylvania PA First Commonwealth Bank
Nov 14, 1995 Peoples Bank and Trust Company PA First Commonwealth Bank
Nov 14, 1995 First National Bank of Leechburg PA First Commonwealth Bank
Nov 14, 1995 (unnamed) — First Commonwealth Bank
Nov 14, 1995 Cenwest National Bank PA First Commonwealth Bank
Nov 14, 1995 Unitas National Bank PA First Commonwealth Bank
Nov 14, 1995 Central Bank PA First Commonwealth Bank
Nov 13, 1995 The Pleasant Hope Bank MO Central Bank of The Ozarks
Nov 11, 1995 First Denver Corporation CO Vectra Banking Corporation
Nov 11, 1995 The Community Bank of South Carolina SC Branch Banking and Trust Company of South Carolina
Nov 11, 1995 Wilmington Trust of Florida, N.A. FL Wilmington Trust, National Association
Nov 11, 1995 The First National Bank of Denver CO Vectra Bank
Nov 11, 1995 LaSalle Cragin Bank, FSB IL Lasalle Bank, F.S.B.
Nov 11, 1995 The Lexington State Bank SC Branch Banking and Trust Company of South Carolina

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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