Mergers by Year
Bank Mergers in 2022
150 banks were acquired or merged into another institution in 2022, and 179 credit unions merged, according to the Federal Reserve's National Information Center (NIC). The largest bank deal was Capital One Bank (USA), N.A. into Capital One, N.A., effective October 1, 2022; the acquired bank reported $127.60B in assets before the deal. NIC recorded 432 merger records in 2022 against 437 in 2021.
Largest bank mergers of 2022
Ranked by the acquired bank's total assets at its last call report before the effective date.
| Effective | Acquired bank | Assets | Acquirer |
|---|---|---|---|
| Oct 1, 2022 | Capital One Bank (USA), N.A. | $127.60B | Capital One, N.A. |
| Jan 1, 2022 | E*trade Bank | $79.13B | Morgan Stanley Private Bank, N.A. |
| Apr 2, 2022 | People's United Bank, National Association | $62.77B | Manufacturers and Traders Trust Company |
| Jan 4, 2022 | CIT Bank, National Association | $47.56B | First-Citizens Bank & Trust Company |
| Feb 1, 2022 | Sterling National Bank | $29.56B | Webster Bank, N.A. |
| Apr 7, 2022 | Investors Bank | $27.95B | Citizens Bank, N.A. |
| Feb 16, 2022 | First Midwest Bank | $21.63B | Old National Bank |
| Feb 1, 2022 | Great Western Bank | $13.34B | First Interstate Bank |
| Jan 1, 2022 | E*trade Savings Bank | $9.77B | Morgan Stanley Private Bank, N.A. |
| Apr 1, 2022 | Bank Leumi USA | $8.20B | Valley National Bank |
| Apr 1, 2022 | Happy State Bank | $6.75B | Centennial Bank |
| Jan 1, 2022 | The Bryn Mawr Trust Company | $5.04B | Wilmington Savings Fund Society, FSB |
| Oct 1, 2022 | CommunityBank of Texas, N.A. | $4.27B | Stellar Bank |
| Mar 1, 2022 | Atlantic Capital Bank, N.A. | $3.82B | SouthState Bank, N.A. |
| Apr 9, 2022 | Spirit of Texas Bank, SSB | $3.22B | Simmons Bank |
Credit union mergers in 2022
179 credit unions merged into another institution. NCUA 5300 asset figures are not loaded for 2022.
Every merger recorded in 2022
432 NIC merger records in 2022 involve a bank, credit union or bank holding company on at least one side, newest first.
| Date | Acquired institution | Acquirer |
|---|---|---|
| Apr 1, 2022 | Guaranty Federal Bancshares, Inc. | QCR Holdings, Inc. |
| Apr 1, 2022 | Happy Bancshares, Inc. | Home Bancshares, Inc. |
| Apr 1, 2022 | Bank Leumi Le-Israel Corporation | Valley National Bancorp |
| Apr 1, 2022 | Premier Community Credit Union | Self-Help Federal Credit Union |
| Apr 1, 2022 | Peoples Natural Gas General Office Employees Federal Credit Union | Century Heritage Federal Credit Union |
| Apr 1, 2022 | Pacific Federal Credit Union | Arrowhead Federal Credit Union |
| Apr 1, 2022 | Western Districts Members Credit Union | Wmcu |
| Mar 31, 2022 | The Tysan Corporation | Midcountry Acquisition Corp. |
| Mar 26, 2022 | Texan Bank, National Association | Home Bank, N.A. |
| Mar 26, 2022 | Valley Republic Bancorp | Trico Bancshares |
| Mar 26, 2022 | Friendswood Capital Corporation | Home Bancorp, Inc. |
| Mar 26, 2022 | Valley Republic Bank | Tri Counties Bank |
| Mar 21, 2022 | Wor Co Federal Credit Union | First Financial of Maryland Federal Credit Union |
| Mar 16, 2022 | Monmouth Federal Credit Union | Great Falls Regional Federal Credit Union |
| Mar 14, 2022 | TNB Bank | Trustbank |
| Mar 8, 2022 | Painewebber Life Holdings Inc. | UBS Americas Inc. |
| Mar 7, 2022 | Commonwealth Bancshares, Inc. | Stock Yards Bancorp, Inc. |
| Mar 7, 2022 | Commonwealth Bank and Trust Company | Stock Yards Bank & Trust Company |
| Mar 5, 2022 | Hometown Credit Union | Community 1st Credit Union |
| Mar 5, 2022 | Empire Financial Federal Credit Union | Jovia Financial Federal Credit Union |
| Mar 2, 2022 | SFS, LLC | Cadence Bank |
| Mar 2, 2022 | Superior Financial Services, LLC | Cadence Bank |
| Mar 1, 2022 | Atlantic Capital Bank, N.A. | SouthState Bank, N.A. |
| Mar 1, 2022 | Texas Citizens Bancorp, Inc. | Business First Bancshares, Inc. |
| Mar 1, 2022 | Atlantic Capital Bancshares, Inc. | SouthState Bank Corporation |
| Mar 1, 2022 | Texas Citizens Bank, National Association | b1BANK |
| Mar 1, 2022 | First Trust Corporation | Bancplus Corporation |
| Mar 1, 2022 | First Bank and Trust | BankPlus |
| Mar 1, 2022 | Four Flags Area Credit Union | Great River Federal Credit Union |
| Mar 1, 2022 | Dane County Credit Union | Heartland Credit Union |
| Mar 1, 2022 | Fieldale Credit Union | North Main Credit Union |
| Mar 1, 2022 | Tallahassee Community Federal Credit Union | Blue Coast Federal Credit Union |
| Mar 1, 2022 | Security Federal Savings Bank | Alabama Credit Union |
| Mar 1, 2022 | Tabernacle Federal Credit Union | SRP Federal Credit Union |
| Mar 1, 2022 | C-E Federal Credit Union | Coastal Community Federal Credit Union |
| Mar 1, 2022 | Prairie View Federal Credit Union | CY Fair Federal Credit Union |
| Mar 1, 2022 | Heritage Credit Union | Connexus Credit Union |
| Mar 1, 2022 | Monroeville Boro Federal Credit Union | Usx Federal Credit Union |
| Feb 26, 2022 | Fortune Financial Corporation | Southern Missouri Bancorp, Inc. |
| Feb 26, 2022 | FortuneBank | Southern Bank |
| Feb 22, 2022 | Community National Bank | TXN Bank |
| Feb 21, 2022 | The Morris Plan Company of Terre Haute | First Financial Bank, N.A. |
| Feb 16, 2022 | Pollock Employees Credit Union | Neighborhood Credit Union |
| Feb 16, 2022 | First Midwest Bancorp, Inc. | Old National Bancorp |
| Feb 16, 2022 | First Midwest Bank | Old National Bank |
| Feb 14, 2022 | Western States Bank | First National Bank of Omaha |
| Feb 14, 2022 | Delta Bancshares Company | First Mid Bancshares, Inc. |
| Feb 12, 2022 | Blue Cross & Blue Shield Maine Employees Federal Credit Union | Truchoice Federal Credit Union |
| Feb 12, 2022 | C.S.B. Delaware, Inc. | C.S.B. Bancshares, Inc. |
| Feb 5, 2022 | Howard Bank | First National Bank of Pennsylvania |
Bank mergers by year
Source: Federal Reserve National Information Center (NIC) transformations, type "merger". A record counts when a bank, credit union or bank holding company is on at least one side. NIC also logs internal consolidations, such as a subsidiary bank folded into a sister bank, so a record is not always an arm's-length deal. Asset figures come from FFIEC call reports (banks) and NCUA 5300 call reports (credit unions). Credit union mergers appear in the NIC records from 2013 on.
Explore: all mergers · 2022 bank events · browse by acquirer · bank failures · all events