Calendar Year
2022 in US Banking
574 bank events are on record for 2022: 0 failures, 432 mergers or acquisitions involving a bank, credit union or bank holding company, and 142 enforcement actions.
0
Failures
—
432
Mergers
Federal Reserve NIC, banking organizations
142
Enforcement
OCC, FDIC, FRB, OTS and SEC 8-K filings
Jump to: Bank mergers 2022
Which banks merged in 2022?
432 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 2022.
See the fuller list: Bank mergers 2022 with largest deals and credit union mergers ›
| Date | Acquired | Acquirer |
|---|---|---|
| Dec 31, 2022 | Sweetwater Federal Credit Union | WYHY Federal Credit Union |
| Dec 31, 2022 | Heritage USA Title, LLC | First Financial Corporation |
| Dec 31, 2022 | Bakers Federal Credit Union | Heartland Area Federal Credit Union |
| Dec 31, 2022 | Emory Alliance Credit Union | Credit Union 1 |
| Dec 31, 2022 | State Bank of Wapello | Mediapolis Savings Bank |
| Dec 31, 2022 | Shiloh Baptist Federal Credit Union | Gideon Federal Credit Union |
| Dec 20, 2022 | Norwich Telops Federal Credit Union | GHS Federal Credit Union |
| Dec 19, 2022 | Xup Payments, Inc. | KeyBank N.A. |
| Dec 17, 2022 | Providence Bancshares Corporation | Great Plains Bancshares, Inc. |
| Dec 17, 2022 | Providence Bank of Texas, SSB | Great Plains National Bank |
| Dec 14, 2022 | First National Bancshares of Weatherford, Inc. | N.B.C. Bancshares in Pawhuska, Inc. |
| Dec 11, 2022 | Maine Harvest Federal Credit Union | Ancorum Credit Union |
| Dec 10, 2022 | Walker State Bank | Hiawatha Bank & Trust Company |
| Dec 10, 2022 | Ub Bancorp | F.N.B. Corporation |
| Dec 10, 2022 | Union Bank | First National Bank of Pennsylvania |
| Dec 5, 2022 | Dixie Craft Employees Credit Union | Heritage South Credit Union |
| Dec 3, 2022 | Illinois Bank & Trust | HTLF Bank |
| Dec 3, 2022 | Foxboro Federal Savings | Onelocal Bank |
| Dec 1, 2022 | Merritt Federal Credit Union | Sound Federal Credit Union |
| Dec 1, 2022 | Flagstar Bancorp, Inc. | Flagstar Financial, Inc. |
| Dec 1, 2022 | Village Bancshares, Inc | First Waterloo Bancshares, Inc. |
| Dec 1, 2022 | Liberty Bancshares, Inc. | Middlefield Banc Corp |
| Dec 1, 2022 | Crockett National Bank | Pinnacle Bank |
| Dec 1, 2022 | Farmers and Merchants Bank | First State Bank |
| Dec 1, 2022 | Tallahassee-Leon Federal Credit Union | Loyalty Credit Union |
| Dec 1, 2022 | Engineers Federal Credit Union | Telcoe Federal Credit Union |
| Dec 1, 2022 | Abbeville Community Federal Credit Union | Peach State Federal Credit Union |
| Dec 1, 2022 | 1st Resource Credit Union | Legacy Community Federal Credit Union |
| Dec 1, 2022 | (unnamed) | Flagstar Bank, N.A. |
| Dec 1, 2022 | Liberty National Bank | The Middlefield Banking Company |
| Dec 1, 2022 | Pickens Federal Credit Union | Peach State Federal Credit Union |
| Dec 1, 2022 | Las Vegas U.P. Employees Federal Credit Union | WestStar Credit Union |
| Dec 1, 2022 | Atlantic County New Jersey Employees Federal Credit Union | Jersey Shore Federal Credit Union |
| Nov 30, 2022 | Letcher County Teachers Credit Union, Inc. | Members Choice Credit Union |
| Nov 30, 2022 | FFC Management, Inc | Fulton Financial Corporation |
| Nov 28, 2022 | TBC Federal Credit Union | Peoples Advantage Federal Credit Union |
| Nov 23, 2022 | Farmers & Stockmens Bank | CrossFirst Bank |
| Nov 10, 2022 | Lake Area Bank | First Resource Bank |
| Nov 5, 2022 | The Central National Bank of Poteau | The First National Bank of Fort Smith |
| Nov 5, 2022 | Prudential Bank | Fulton Bank, N.A. |
| Nov 5, 2022 | Utah Prison Employees Credit Union | P & S Credit Union |
| Nov 2, 2022 | Saint Dominics Federal Credit Union | Somerset Federal Credit Union |
| Nov 1, 2022 | Vinings Bank | Georgia's Own Credit Union |
| Nov 1, 2022 | Central Oklahoma Federal Credit Union | True SKY Federal Credit Union |
| Nov 1, 2022 | Carnegie Mellon University Federal Credit Union | Greater Pittsburgh Federal Credit Union |
| Nov 1, 2022 | Tri-Town Teachers Federal Credit Union | Sound Federal Credit Union |
| Nov 1, 2022 | Pa Healthcare Credit Union | Clearview Federal Credit Union |
| Nov 1, 2022 | Legacy Bank | Visionbank of Iowa |
| Nov 1, 2022 | Odjfs Federal Credit Union | Pathways Financial Credit Union, Inc. |
| Nov 1, 2022 | Lake Erie Community Federal Credit Union | Widget Federal Credit Union |
Serial acquirers active in 2022: Capital One, N.A. (3 in 2022, 38 on record) · Cadence Bank (2 in 2022, 71 on record) · First-Citizens Bank & Trust Company (2 in 2022, 61 on record) · First National Bank of Pennsylvania (2 in 2022, 26 on record) · PNC Bank, N.A. (1 in 2022, 57 on record) · Old National Bank (1 in 2022, 52 on record) · KeyBank N.A. (1 in 2022, 51 on record) · United Community Bank (1 in 2022, 31 on record) · Manufacturers and Traders Trust Company (1 in 2022, 30 on record) · Valley National Bank (1 in 2022, 30 on record)
Enforcement Actions in 2022
| Action date | Agency | Institution | Action |
|---|---|---|---|
| Dec 30, 2022 | FDIC | Not matched to an institution | FDIC Makes Public November Enforcement Actions |
| Dec 23, 2022 Released Jan 5, 2023 | FRB | Regional Acceptance Corporation | Prohibition from Banking: Jamar Whitfield |
| Dec 16, 2022 | OCC | The Idabel National Bank | Formal Agreement: The Idabel National Bank |
| Dec 13, 2022 | SEC_8K | Orrstown Financial Services, Inc. | 8-K Item 1.01: memorandum of understanding |
| Dec 7, 2022 | OCC | JPMorgan Chase Bank, N.A. | Prohibition/Removal Orders: Coulter, Katelyn |
| Dec 5, 2022 | OCC | Sterling Bank and Trust, FSB | Prohibition/Removal Orders: Hu, Qian |
| Dec 5, 2022 | OCC | Sterling Bank and Trust, FSB | Prohibition/Removal Orders: Hu, Hao Liang "Frank" |
| Dec 1, 2022 | FRB | Fifth Third Bank, N.A. | Section 19 Letters: Kinesha Cavitt |
| Nov 25, 2022 | FDIC | Not matched to an institution | FDIC Makes Public October Enforcement Actions |
| Nov 23, 2022 Released Dec 1, 2022 | FRB | Deutsche Bank Trust Company Americas | Civil Money Penalty: Deutsche Bank Trust Company Americas, New York, New York |
| Nov 23, 2022 | SEC_8K | Unity Bancorp, Inc. | 8-K Item 1.02: consent order |
| Nov 21, 2022 | OCC | An individual | Civil Money Penalty (CMP): Sprang, Matthew |
| Nov 21, 2022 | OCC | An individual | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Sprang, Matthew |
| Nov 14, 2022 | FRB | BBVA USA, Inc. | Section 19 Letters: Dorinda Lynn Lumpkin |
| Nov 8, 2022 | OCC | The Lincoln National Bank of Hodgenville | Prohibition/Removal Orders: Skaggs, Jr., Tommy V. |
| Nov 8, 2022 | SEC_8K | Orrstown Financial Services, Inc. | 8-K Item 2.02: memorandum of understanding |
| Nov 3, 2022 | OCC | Sterling Bank and Trust, FSB | Prohibition/Removal Orders: Chen, Tina |
| Oct 28, 2022 | FDIC | Not matched to an institution | FDIC Makes Public September Enforcement Actions |
| Oct 28, 2022 | OCC | Sterling Bank and Trust, FSB | Prohibition/Removal Orders: Lu, Amy |
| Oct 28, 2022 | OCC | Sterling Bank and Trust, FSB | Prohibition/Removal Orders: Han, YiHou |
| Oct 27, 2022 | SEC_8K | SEI Investments Company | 8-K Item 5.02: written agreement |
| Oct 25, 2022 | OCC | Sterling Bank and Trust, FSB | Notice of Charges: Chen, Tina |
| Oct 12, 2022 | OCC | Heritage Bank, N.A. | Civil Money Penalty (CMP): Reemtsma, Michael |
| Oct 12, 2022 | OCC | Heritage Bank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Reemtsma, Michael |
| Oct 11, 2022 Released Oct 13, 2022 | FRB | An individual | Prohibition from Banking: Evelyn Batista |
| Oct 11, 2022 Released Oct 13, 2022 | FRB | First Horizon Bank | Prohibition from Banking: Carmen L. Pena |
| Oct 11, 2022 Released Oct 13, 2022 | FRB | Ally Bank | Prohibition from Banking: Arneita Glenn |
| Oct 11, 2022 Released Oct 13, 2022 | FRB | Ally Bank | Prohibition from Banking: Lexus Clark |
| Oct 11, 2022 Released Oct 13, 2022 | FRB | Regions Bank | Prohibition from Banking: Erica McRae |
| Oct 5, 2022 | OCC | Quontic Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Quontic Bank |
| Oct 3, 2022 | OCC | Icici Bank Limited | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Icici Bank Limited |
| Oct 3, 2022 | OCC | Midsouth Bank, N.A. | Prohibition/Removal Orders: McKee, Crystal |
| Sep 30, 2022 | FDIC | Not matched to an institution | FDIC Makes Public August Enforcement Actions |
| Sep 27, 2022 | OCC | Sterling Bank and Trust, FSB | Civil Money Penalty (CMP): Sterling Bank and Trust, FSB |
| Sep 26, 2022 | OCC | The First National Bank and Trust Company of Vinita | Prohibition/Removal Orders: Robison, H. Dee |
| Sep 26, 2022 | OCC | The First National Bank and Trust Company of Vinita | Civil Money Penalty (CMP): Robison, H. Dee |
| Sep 22, 2022 Released Sep 27, 2022 | FRB | Customers Bank | Civil Money Penalty: Customers Bank, Malvern, Pennsylvania |
| Sep 12, 2022 | OCC | Washington Federal Bank for Savings | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Torres, Cathy |
| Sep 12, 2022 | OCC | Washington Federal Bank for Savings | Prohibition/Removal Orders: Torres, Cathy |
| Sep 12, 2022 | OCC | CornerstoneBank | Civil Money Penalty (CMP): Austin III, John Paul |
| Sep 12, 2022 | OCC | CornerstoneBank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Austin III, John Paul |
| Sep 12, 2022 | OCC | Washington Federal Bank for Savings | C&D or PC&D Requiring Restitution: Torres, Cathy |
| Sep 9, 2022 | OCC | Washington Federal Bank for Savings | Prohibition/Removal Orders: Mandujano, Alicia |
| Sep 9, 2022 | OCC | Washington Federal Bank for Savings | C&D or PC&D Requiring Restitution: Crotty, James |
| Sep 9, 2022 | OCC | Washington Federal Bank for Savings | C&D or PC&D Requiring Restitution: Mandujano, Alicia |
| Sep 9, 2022 | OCC | Washington Federal Bank for Savings | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Crotty, James |
| Sep 9, 2022 | OCC | Washington Federal Bank for Savings | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Mandujano, Alicia |
| Sep 9, 2022 | OCC | Washington Federal Bank for Savings | Prohibition/Removal Orders: Crotty, James |
| Sep 1, 2022 | OCC | Washington Federal Bank for Savings | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Corvite, Rosallie |
| Sep 1, 2022 | OCC | Washington Federal Bank for Savings | Prohibition/Removal Orders: Corvite, Rosallie |