Bank failures in 1994
FDIC-insured banks and savings institutions recorded 15 failures in 1994, according to the FDIC.
15 FDIC-insured banks and savings institutions failed in 1994, the FDIC records, oldest first.
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| Institution | Assets | Estimated cost |
|---|---|---|
| MECHANICS NATIONAL BANK | $148.7 million | $47.7 million |
| SUPERIOR NATIONAL BANK | $20.0 million | $3.7 million |
| COMMERCIAL BANK AND TRUST COMPANY | $30.3 million | $3.7 million |
| BARBARY COAST NATIONAL BANK | $10.7 million | $684.1 thousand |
| ENCINO SAVINGS BANK, FSB | $92.5 million | $7.4 million |
| THE BANK OF HARTFORD | $321.5 million | $13.8 million |
| THE MERIDEN TRUST AND SAFE DEPOSIT | $3.2 million | $0 |
| PIONEER BANK | $133.3 million | $14.5 million |
| BANK OF SAN PEDRO | $132.6 million | $28.8 million |
| COMMERCE BANK | $142.3 million | $14.1 million |
| WESTERN COMMUNITY BANK | $54.0 million | $2.6 million |
| BANK OF NEWPORT | $167.8 million | $28.7 million |
| CAPITAL BANK | $76.9 million | $17.8 million |
| LUDLOW SAVINGS BANK | $222.7 million | $2.9 million |
| CORNERSTONE BANK FSB | $44.3 million | $4.0 million |
Sources
- FDIC failures — every bank failure and assistance transaction since 1934 — Federal Deposit Insurance Corporation · Public domain — U.S. Government work · retrieved September 27, 2026
Compiled automatically from FDIC failures — every bank failure and assistance transaction since 1934 by a checked SQL query · Editor: Kian O'Connor · How this site is built
Data retrieved