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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
Oct 6, 1995 Echo Bancshares, Inc. MN Yellow Medicine Bancshares, Inc.
Oct 5, 1995 Shawmut Trust Company of Rhode Island RI Fleet National Bank
Oct 5, 1995 Working People Federal Credit Union GA Family Savings Credit Union
Oct 3, 1995 Friona Bancorporation TX PlainsCapital Corporation
Oct 3, 1995 Chrisman-Sawyer Bank MO Hillcrest Bank
Oct 3, 1995 Peoples Bancshares, Inc. LA Louisiana Banc One Corporation
Oct 3, 1995 Peoples Bank & Trust Company of St. Bernard LA First National Bank of Commerce
Oct 2, 1995 Railroad Savings Bank, F.S.B. KS Commercial Federal Bank, a Federal Savings Bank
Oct 2, 1995 Farmers Savings Bank IA Lincoln Savings Bank
Oct 2, 1995 The Farmers and Merchants National Bank of Kaufman TX First Farmers and Merchants Bank
Oct 2, 1995 (unnamed) — The National Bank of Andrews
Oct 2, 1995 Chattanooga Refinery Credit Union TN Southern Cu
Oct 2, 1995 Niagara Lockport Credit Union FL Focus Credit Union
Oct 2, 1995 Bank of Stephenson MI mBank
Oct 2, 1995 American National Bank of Duncan OK Amquest Bank, N.A.
Oct 2, 1995 U. P. Terminal Federal Credit Union NE U.P. Connection Federal Credit Union
Oct 2, 1995 Nwoea Federal Credit Union OH Hancock Federal Credit Union
Oct 1, 1995 Gas Light Employees Credit Union GA Kinetic Credit Union
Oct 1, 1995 United Northern Bancorp, Inc. NY HSBC USA Inc.
Oct 1, 1995 Bright Financial Services, Inc. IN First Financial Bancorp
Oct 1, 1995 Commercial Bank of Georgia GA Colonial Bank
Oct 1, 1995 General Services Administration No 1 Federal Credit Union DC Gsa Federal Credit Union
Oct 1, 1995 Saint Joseph Parish Carnegie, Pa Federal Credit Union PA Southwest Communities Federal Credit Union
Oct 1, 1995 M.C.H. Employees Federal Credit Union PA Erie Federal Credit Union
Oct 1, 1995 Pcse Federal Credit Union OH Universal 1 Credit Union, Inc.
Oct 1, 1995 Liberty Federal Credit Union PA Belco Community Credit Union
Oct 1, 1995 South Bend Lathe Employees Federal Credit Union IN Policemen's Federal Credit Union
Oct 1, 1995 First Bank of Minnesota MN First Minnesota Bank
Oct 1, 1995 Frederick Douglass Headstart Federal Credit Union CA Federal Employees West Federal Credit Union
Oct 1, 1995 Tri-Local Federal Credit Union OH Valley One Community Federal Credit Union
Oct 1, 1995 Financial Investment Corporation AR First Horizon Corporation
Oct 1, 1995 Fall River State Bank KS First Neodesha Bank
Oct 1, 1995 Lanier Clothes Employees Credit Union TN Ascend Federal Credit Union
Oct 1, 1995 Lozier Employees Credit Union NE Centris Federal Credit Union
Oct 1, 1995 First Savings and Loan Association of New Hampshire NH Vermont Federal Bank, FSB
Oct 1, 1995 United Northern Federal Savings Bank NY HSBC Bank USA, N.A.
Oct 1, 1995 The First National Bank in Ashdown AR State First National Bank
Oct 1, 1995 Defense Supply of Philadelphia Federal Credit Union PA Sun Federal Credit Union
Oct 1, 1995 Rockwood Industrial Federal Credit Union OR United Trades Federal Credit Union
Oct 1, 1995 Community First National Bank of Caledonia MN Community First National Bank
Oct 1, 1995 Lomas Cu TX Southwest Airlines Federal Credit Union
Oct 1, 1995 Staunton Employees Credit Union VA Dupont Community Credit Union
Oct 1, 1995 Boogaart Employees Credit Union KS Central Kansas Credit Union
Oct 1, 1995 Central Texas Catholic Credit Union TX Randolph-Brooks Federal Credit Union
Oct 1, 1995 Highland Bancorporation, Inc. MN Highland Bancshares, Inc.
Oct 1, 1995 Indian Path Credit Union TN Appalachian Community Federal Credit Union
Oct 1, 1995 Community First National Bank of Mabel MN Community First National Bank
Oct 1, 1995 Burnett Federal Savings Bank KY The Bank of Kentucky, Inc.
Oct 1, 1995 M&I South Shore Bank WI M&I Marshall and Ilsley Bank
Oct 1, 1995 M&I Bank of Antigo WI 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
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.

Browse adjacent years: 1994 · 1996

Or jump to a category: Failures · Mergers · Enforcement · Assistance