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 |
|---|---|---|
| Nov 1, 1995 | Walker Employees Credit Union | Mcu Financial Center Credit Union |
| Nov 1, 1995 | The Village Bank | Triangle Bank |
| Nov 1, 1995 | Mutual Credit Union | White River Credit Union |
| Oct 31, 1995 | HKF Federal Credit Union | Les Bois Credit Union |
| Oct 31, 1995 | Atlanta Life Employees Federal Credit Union | 1st Choice Credit Union |
| Oct 31, 1995 | Lake Elmo Bancorp, Inc. | Lake Elmo Bancshares, Inc. |
| Oct 30, 1995 | Firstar Bank Council Bluffs | Firstar Bank Iowa, National Association |
| Oct 30, 1995 | First Bank of Hanover, Pennsylvania | Financial Trust Company |
| Oct 29, 1995 | Bankerstech Inc | Firstar Corporation of Wisconsin |
| Oct 28, 1995 | The Wakefield National Bank | Iowa - Nebraska State Bank |
| Oct 28, 1995 | The Huntington National Bank of Kentucky | The Huntington National Bank |
| Oct 27, 1995 | Citizens Bancshares Corporation | Boatmen's Arkansas, Inc |
| Oct 27, 1995 | SSB Corporation | Security Shares, Inc. |
| Oct 27, 1995 | AmeriFirst Bank | Mercantile Bank of Sikeston |
| Oct 27, 1995 | Galatia Community State Bank | Community National Bank |
| Oct 27, 1995 | Security State Bank | Security State Bank |
| Oct 27, 1995 | Nuco Federal Credit Union | Kemba Credit Union, Inc. |
| Oct 27, 1995 | The First State Bank of Mounds | Community National Bank |
| Oct 27, 1995 | Fridley Bank, National Association | Wells Fargo Bank Minnesota, National Association |
| Oct 26, 1995 | The Bank of Wilber | Farmers and Merchants Bank |
| Oct 26, 1995 | First Citizens Mortgage Corporation of South Carolina | First Citizens Bank and Trust Company, Inc. |
| Oct 25, 1995 | St. Clare's Hospital Federal Credit Union | Affinity Federal Credit Union |
| Oct 23, 1995 | Firstar Bank Sioux City, National Association | Firstar Bank Iowa, National Association |
| Oct 23, 1995 | Bkla Bancorp | Bank of Los Angeles |
| Oct 21, 1995 | Central Corporation | Louisiana Banc One Corporation |
| Oct 21, 1995 | Washington Savings Bank | Roosevelt Bank |
| Oct 21, 1995 | Mariners Bancorp | Eldorado Bank |
| Oct 21, 1995 | Mariners Bank | Eldorado Bank |
| Oct 20, 1995 | The Champaign National Bank | Main Street Bank & Trust |
| Oct 18, 1995 | Cosmos Bancorporation, Inc. | Kandiyohi Bancshares, Inc. |
| Oct 18, 1995 | First State Bank of Cosmos | Home State Bank |
| Oct 16, 1995 | Binghamton District NYS Empl Federal Credit Union | Broadview Federal Credit Union |
| Oct 16, 1995 | Firstar Bank Ottumwa | Firstar Bank Iowa, National Association |
| Oct 14, 1995 | Saint Francis Employees Federal Credit Union | Ouachita Valley Federal Credit Union |
| Oct 13, 1995 | A. M. E. Federal Credit Union | Broadview Federal Credit Union |
| Oct 11, 1995 | Peoples State Bank | Grand Bank |
| Oct 10, 1995 | First Southwest Bank - Mandan | Starion Bank |
| Oct 10, 1995 | The First National Bank and Trust Company of Ellendale | Starion Bank |
| Oct 10, 1995 | The Everett Bank | Mid-State Bank and Trust Company |
| Oct 10, 1995 | The First National Bank of Oakes | Starion Bank |
| Oct 10, 1995 | Citizens State Bank of Echo | Yellow Medicine County Bank |
| Oct 10, 1995 | Shawnee Financial Services Corporation | Keystone Financial, Inc. |
| Oct 7, 1995 | Chemical New Jersey Holdings, Inc. | The PNC Financial Services Group, Inc. |
| Oct 7, 1995 | Chemical Bank New Jersey, National Association | PNC Bank, N.A. |
| Oct 7, 1995 | PNC Bank, New Jersey, N.A. | PNC Bank, N.A. |
| Oct 7, 1995 | One Valley Bank of Marion County, National Association | One Valley Bank, Inc. |
| Oct 7, 1995 | Buckner State Bank | Homebank Texas |
| Oct 6, 1995 | United Savings Bank, FSB | First Union National Bank of South Carolina |
| Oct 6, 1995 | THD Credit Union | Trans Texas Southwest Credit Union |
| Oct 6, 1995 | Home Federal Savings Bank of South Carolina | First Union National Bank 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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