Calendar Year
2018 in US Banking
842 bank events are on record for 2018: 0 failures, 643 mergers or acquisitions involving a bank, credit union or bank holding company, and 199 enforcement actions.
0
Failures
—
643
Mergers
Federal Reserve NIC, banking organizations
199
Enforcement
OCC, FDIC, FRB, OTS and SEC 8-K filings
Jump to: Bank mergers 2018
Which banks merged in 2018?
643 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 2018.
See the fuller list: Bank mergers 2018 with largest deals and credit union mergers ›
| Date | Acquired | Acquirer |
|---|---|---|
| May 1, 2018 | First West Virginia Bancorp, Inc. | CB Financial Services, Inc. |
| May 1, 2018 | Connecticut Community Credit Union, Inc. | Waypoint Federal Credit Union |
| May 1, 2018 | Progressive Bank, N.A. | Community Bank |
| May 1, 2018 | Georgia Power Macon Federal Credit Union | CGR Credit Union |
| May 1, 2018 | North Olmsted School Employees Federal Credit Union | Theory Federal Credit Union |
| May 1, 2018 | Carle Employees Federal Credit Union | University of Illinois Community Credit Union |
| May 1, 2018 | Foundation Bank | First Commonwealth Bank |
| May 1, 2018 | Liverpool Community Bank | The Juniata Valley Bank |
| May 1, 2018 | Classic Federal Credit Union | Superior Credit Union Inc |
| May 1, 2018 | First National Bank | OakStar Bank |
| May 1, 2018 | Houston Musicians Federal Credit Union | Space City Credit Union |
| May 1, 2018 | Central Valley Federal Credit Union | Allegheny Kiski Postal Federal Credit Union |
| May 1, 2018 | Delanco Federal Savings Bank | First Bank |
| May 1, 2018 | Delanco Bancorp, Inc | First Bank |
| May 1, 2018 | Garfield Acquisition Corporation | First Commonwealth Financial Corporation |
| Apr 28, 2018 | Plaza Park State Bank | Deerwood Bank |
| Apr 28, 2018 | The Pioneer National Bank of Duluth | Park State Bank |
| Apr 27, 2018 | Platinum Bank | AIMBank |
| Apr 27, 2018 | Platinum Bancshares of Texas, Inc. | Aim Bancshares, Inc. |
| Apr 27, 2018 | Local 142 Federal Credit Union | Soarion Federal Credit Union |
| Apr 21, 2018 | Quality Bankshares, Inc. | Cyrus Bancshares, Inc. |
| Apr 21, 2018 | Encore Bank | Lake Michigan Credit Union |
| Apr 21, 2018 | Bear State Bank | Arvest Bank |
| Apr 21, 2018 | Adams County Building and Loan Company | Southern Hills Community Bank |
| Apr 20, 2018 | Apc Owner Inc | Forbright Bank |
| Apr 20, 2018 | Alliance Partners 1 LLC | Forbright Bank |
| Apr 20, 2018 | Greater Chicago Financial Corp. | Old Second Bancorp, Inc. |
| Apr 20, 2018 | ABC Bank | Old Second National Bank |
| Apr 18, 2018 | Indus American Bank | BCB Community Bank |
| Apr 18, 2018 | Ia Bancorp, Inc. | BCB Bancorp, Inc. |
| Apr 14, 2018 | Eagle Valley Bank, National Association | First Resource Bank |
| Apr 14, 2018 | Bay Bank, FSB | Old Line Bank |
| Apr 14, 2018 | Asb Financial Corporation | Peoples Bancorp Inc. |
| Apr 14, 2018 | Bay Bancorp, Inc. | Old Line Bancshares, Inc. |
| Apr 14, 2018 | American Savings Bank, FSB | Peoples Bank |
| Apr 12, 2018 | New Jersey Community Bank | 1st Constitution Bank |
| Apr 9, 2018 | Trust Company of America | E*trade Savings Bank |
| Apr 7, 2018 | First Colebrook Bancorp, Inc. | Bangor Bancorp, MHC |
| Apr 7, 2018 | Tri-Valley Bank | Heritage Bank of Commerce |
| Apr 7, 2018 | Granite Bank | Bangor Savings Bank |
| Apr 6, 2018 | First Sentry Bancshares, Inc. | WesBanco, Inc. |
| Apr 6, 2018 | First Sentry Bank, Inc. | WesBanco Bank, Inc. |
| Apr 3, 2018 | CBC National Bank | First Federal Bank |
| Apr 3, 2018 | Intercepteft | First International Bank and Trust |
| Apr 3, 2018 | CB Financial Corporation | PB Financial Corporation |
| Apr 3, 2018 | Cornerstone Bank | Providence Bank |
| Apr 3, 2018 | Coastal Banking Company, Inc. | First Federal Bancorp, Inc. |
| Apr 2, 2018 | American Express Bank, FSB | American Express National Bank |
| Apr 2, 2018 | Atlantic Bancshares, Inc. | South Atlantic Bancshares, Inc. |
| Apr 2, 2018 | Clifton Savings Bank | Kearny Bank |
The list holds 500 of the 643 mergers recorded for 2018.
Enforcement Actions in 2018
| Action date | Agency | Institution | Action |
|---|---|---|---|
| Mar 20, 2018 Released Mar 22, 2018 | FRB | Frost Bank | Notice of Intent: Raysol Villalobos (a/k/a Ray Galvan) |
| Mar 16, 2018 | OCC | Wells Fargo Bank, N.A. | Prohibition/Removal Orders: Majette, Marcus A. |
| Mar 12, 2018 Released Mar 13, 2018 | FRB | Industrial Bank | Cease and Desist Order: Industrial and Commercial Bank of China Ltd., Beijing, People’s Republic … |
| Mar 7, 2018 | OCC | Merchants Bank of California, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Cavano, Susan |
| Mar 7, 2018 | OCC | Merchants Bank of California, N.A. | Civil Money Penalty (CMP): Cavano, Susan |
| Mar 5, 2018 | OCC | Merchants Bank of California, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Chu, Jane |
| Mar 5, 2018 | OCC | Merchants Bank of California, N.A. | Civil Money Penalty (CMP): Scott, Philip |
| Mar 5, 2018 | OCC | Merchants Bank of California, N.A. | Civil Money Penalty (CMP): Chu, Jane |
| Feb 28, 2018 | OCC | Washington Federal, National Association | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Washington Federal, National Association |
| Feb 27, 2018 | FRB | Customers Bank | Section 19 Letters: Ahmed Abdalla |
| Feb 27, 2018 | FRB | Fifth Third Bank, N.A. | Section 19 Letters: Rachel M. Salazar |
| Feb 23, 2018 | FDIC | (individual) | FDIC Makes Public January Enforcement Actions |
| Feb 16, 2018 | FRB | Barclays Bank of New York, National Association | Notice of Intent: Peter Little |
| Feb 15, 2018 | OCC | U.S. Bank N.A. | Civil Money Penalty (CMP): U.S. Bank National Association |
| Feb 14, 2018 Released Feb 15, 2018 | FRB | U.S. Bancorp | Cease and Desist Order: U.S. Bancorp and USB Americas Holding Company |
| Feb 14, 2018 Released Feb 15, 2018 | FRB | U.S. Bancorp | Civil Money Penalty, $15,000,000: U.S. Bancorp and USB Americas Holding Company |
| Feb 13, 2018 | FRB | Fifth Third Bank, N.A. | Section 19 Letters: Cherokee P. Williams |
| Feb 12, 2018 | FRB | Central Bank of the South | Section 19 Letters: Gabriel Collazo |
| Feb 12, 2018 Released Feb 15, 2018 | FRB | Clear Mountain Bank, Inc. | Civil Money Penalty, $14,000: Clear Mountain Bank |
| Feb 12, 2018 | OCC | City National Bank of New Jersey | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): City National Bank of New Jersey |
| Feb 8, 2018 Released Feb 13, 2018 | FRB | Compass Bank | Prohibition from Banking: Eric Scott Darty |
| Feb 7, 2018 | OCC | The National Republic Bank of Chicago | Notice of Charges: Patel, Hiren |
| Feb 6, 2018 | OCC | Merchants Bank of California, N.A. | Civil Money Penalty (CMP): Roberts, Theodore |
| Feb 6, 2018 | OCC | Rabobank, N.A. | Civil Money Penalty (CMP): Rabobank, National Association |
| Feb 5, 2018 Released Feb 8, 2018 | FRB | NBRS Financial Bank | Notice of Intent: Jacob H. Goldstein |
| Feb 2, 2018 | FRB | Wells Fargo & Company | Cease and Desist Order: Wells Fargo & Company, San Francisco, California |
| Jan 26, 2018 | FDIC | (individual) | FDIC Makes Public December Enforcement Actions |
| Jan 25, 2018 | FRB | Fifth Third Bank, N.A. | Section 19 Letters: Vernell A. Shelton |
| Jan 24, 2018 Released Jan 25, 2018 | FRB | Putnam County Bank | Cease and Desist Order: Jeffrey R. Davis |
| Jan 24, 2018 Released Jan 25, 2018 | FRB | Putnam County Bank | Civil Money Penalty, $25,000: Jeffrey R. Davis |
| Jan 22, 2018 | FRB | Feb Bancshares, Inc. | Section 19 Letters: Geffrey A. Sawelle |
| Jan 22, 2018 | FRB | Ally Financial Inc. | Section 19 Letters: Sobeida M. Laboy |
| Jan 18, 2018 | FRB | Fifth Third Bank, N.A. | Section 19 Letters: Luis A. Diaz |
| Jan 17, 2018 | FRB | Mega International Commercial Bank Co., Ltd. | Civil Money Penalty, $29,000,000: Mega International Commercial Bank Co., Ltd., Taipei, Taiwan |
| Jan 17, 2018 | FRB | (individual) | Cease and Desist Order: Mega International Commercial Bank Co., Ltd, Taipei, Taiwan, Mega International … |
| Jan 12, 2018 | FRB | U.S. Bancorp | Civil Money Penalty, $4,400,000: U.S. Bancorp, Minneapolis, Minnesota |
| Jan 12, 2018 | FRB | The PNC Financial Services Group, Inc. | Civil Money Penalty, $3,500,000: The PNC Financial Services Group, Inc., Pittsburgh, Pennsylvania |
| Jan 12, 2018 | FRB | The Goldman Sachs Group, Inc. | Civil Money Penalty, $14,000,000: The Goldman Sachs Group, Inc., New York, New York |
| Jan 12, 2018 | FRB | CIT Group Inc. | Civil Money Penalty, $5,200,000: CIT Group, Inc., Livingston, New Jersey |
| Jan 12, 2018 | FRB | Morgan Stanley | Civil Money Penalty, $8,000,000: Morgan Stanley, New York, New York |
| Jan 12, 2018 | FRB | Goldman Sachs Bank USA | Civil Money Penalty, $90,000: Goldman Sachs Bank USA, New York, New York |
| Jan 9, 2018 | OCC | First National Bank of Omaha | Prohibition/Removal Orders: Doss, Arin M. |
| Jan 8, 2018 | OCC | Stride Bank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Means, Joshua |
| Jan 8, 2018 | OCC | Stride Bank, N.A. | Civil Money Penalty (CMP): Means, Joshua |
| Jan 5, 2018 | FRB | Fifth Third Bank, N.A. | Section 19 Letters: Martina E. Monaco |
| Jan 3, 2018 | FRB | Whitaker Bank, Inc | Section 19 Letters: Bonnie R. Tracy |
| Jan 3, 2018 | OCC | U.S. Bank N.A. | Prohibition/Removal Orders: Mitchell, Taylor |
| Jan 3, 2018 | FRB | Fifth Third Bank, N.A. | Section 19 Letters: John G. Merz |
| Jan 3, 2018 | OCC | Firstar Bank | Prohibition/Removal Orders: Ferguson, Jeffrey Scott |