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 |
|---|---|---|
| Jul 1, 2022 | Allegheny Metal Federal Credit Union | Century Heritage Federal Credit Union |
| Jul 1, 2022 | North East Texas Credit Union | East Texas Professional Credit Union |
| Jul 1, 2022 | Wilmac Employees Credit Union | Belco Community Credit Union |
| Jul 1, 2022 | Wyochem Federal Credit Union | WYHY Federal Credit Union |
| Jul 1, 2022 | Holyoke Postal Credit Union | Holyoke Credit Union |
| Jul 1, 2022 | Teachers Alliance Federal Credit Union | Telco Plus Credit Union |
| Jul 1, 2022 | Cleveland Heights Teachers Credit Union, Inc. | Buckeye State Credit Union, Inc. |
| Jul 1, 2022 | Universal Credit Union | Skyward Credit Union |
| Jul 1, 2022 | The Bank of Carbondale | First Southern Bank |
| Jul 1, 2022 | Moore West Federal Credit Union | Uncle Credit Union |
| Jul 1, 2022 | West Jefferson Federal Credit Union | New Orleans Firemens Federal Credit Union |
| Jun 30, 2022 | Msba Employees Federal Credit Union | Consumers Federal Credit Union |
| Jun 27, 2022 | Headwaters Bancorp, Inc. | Lake Shore III Corporation |
| Jun 18, 2022 | Glasford State Bank | Better Banks |
| Jun 18, 2022 | Tempo Bank | Scott Credit Union |
| Jun 18, 2022 | United Bank of El Paso del Norte | First American Bank |
| Jun 18, 2022 | Southwest United Bancshares, Inc. | First Artesia Bancshares, Inc. |
| Jun 11, 2022 | Jefferson Bank and Trust Company | First Mid Bank & Trust, N.A. |
| Jun 11, 2022 | Red Level Financial Corporation | Local Bancorp, Inc. |
| Jun 11, 2022 | VisionBank | Community National Bank |
| Jun 9, 2022 | First National Bank in Fairfield | MidWestOne Bank |
| Jun 9, 2022 | Iowa First Bancshares Corp. | Midwestone Financial Group, Inc. |
| Jun 9, 2022 | First National Bank of Muscatine | MidWestOne Bank |
| Jun 2, 2022 | Pinnacle Credit Enhancement Holdings, Inc. | Pinnacle Financial Partners, Inc. |
| Jun 1, 2022 | Bank of Doniphan | MNB Bank |
| Jun 1, 2022 | Sourceone Credit Union | Credit Union 1 |
| Jun 1, 2022 | Unified Communities Federal Credit Union | Genisys Credit Union dba Genisys Investment Services |
| Jun 1, 2022 | Wadena Federal Credit Union | Mid Minnesota Federal Credit Union |
| Jun 1, 2022 | TriState Capital Holdings, Inc | TriState Capital Holding Company, LLC |
| Jun 1, 2022 | FCB Financial Services, Inc | Uplift Financial Development Corporation |
| Jun 1, 2022 | Premier Source Credit Union | Polish National Credit Union |
| Jun 1, 2022 | South San Francisco City Employees Federal Credit Union | Financial Partners Credit Union |
| Jun 1, 2022 | Wawa Employees Credit Union | Franklin Mint Federal Credit Union |
| Jun 1, 2022 | Farmers Credit Union | Heartland Credit Union |
| May 28, 2022 | Citizens State Bank of Tyler, Incorporated | First Independent Bank |
| May 21, 2022 | OmniBank | Merchants and Planters Bank |
| May 19, 2022 | Bankers Capital Corporation | Banner County Ban Corporation |
| May 16, 2022 | The American Bank | Blue SKY Bank |
| May 14, 2022 | Manson State Bank | Security Savings Bank |
| May 14, 2022 | Elmira Savings Bank | Community Bank, N.A. |
| May 2, 2022 | Rsi Bancorp, Inc. | Columbia Financial, Inc. |
| May 2, 2022 | Rsi Bancorp, MHC | Columbia Financial, Inc. |
| May 2, 2022 | Des Moines Water Works Credit Union | Des Moines Metro Credit Union |
| May 2, 2022 | Rsi Bank | Columbia Bank |
| May 2, 2022 | St. Pauls Federal Credit Union | American Heritage Federal Credit Union |
| May 1, 2022 | People's Trust Federal Credit Union | First Service Credit Union |
| May 1, 2022 | PNC Equipment Finance, LLC | PNC Bank, N.A. |
| May 1, 2022 | The Leaders Bank | Providence Bank & Trust |
| May 1, 2022 | Brazosport Teachers Federal Credit Union | Space City Credit Union |
| May 1, 2022 | Core Credit Union | Beginnings 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 |
|---|---|---|---|
| Sep 1, 2022 | OCC | Washington Federal Bank for Savings | C&D or PC&D Requiring Restitution: Corvite, Rosallie |
| Aug 30, 2022 | OCC | Unity National Bank of Houston | Formal Agreement: Unity National Bank of Houston |
| Aug 29, 2022 | OCC | Blue Ridge Bank, N.A. | Formal Agreement: Blue Ridge Bank, National Association |
| Aug 26, 2022 | OCC | Washington Federal Bank for Savings | Prohibition/Removal Orders: Iriondo, Jane |
| Aug 26, 2022 | OCC | Washington Federal Bank for Savings | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Iriondo, Jane |
| Aug 26, 2022 | FDIC | Not matched to an institution | FDIC Makes Public July Enforcement Actions |
| Aug 26, 2022 | OCC | Washington Federal Bank for Savings | C&D or PC&D Requiring Restitution: Iriondo, Jane |
| Aug 24, 2022 | SEC_8K | The Bancorp, Inc. | 8-K Item 8.01: cease and desist |
| Aug 23, 2022 | FRB | An individual | Section 19 Letters: Wendy Moore |
| Aug 22, 2022 | OCC | The First National Bank and Trust Company of Vinita | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Fritz, Tony |
| Aug 22, 2022 | OCC | The First National Bank and Trust Company of Vinita | Civil Money Penalty (CMP): Fritz, Tony |
| Aug 19, 2022 | FDIC | Not matched to an institution | FDIC Issues Cease and Desist Letters to Five Companies For Making Crypto-Related False or … |
| Aug 18, 2022 | OCC | The First National Bank and Trust Company of Vinita | Prohibition/Removal Orders: Ratcliff, James |
| Aug 18, 2022 | FRB | Comerica Bank | Section 19 Letters: Jakeya Butler |
| Aug 18, 2022 | OCC | The First National Bank and Trust Company of Vinita | Civil Money Penalty (CMP): Ratcliff, James |
| Aug 15, 2022 Released Aug 16, 2022 | FRB | EagleBank | Prohibition from Banking, Civil Money Penalty: Ronald D. Paul |
| Aug 15, 2022 Released Aug 16, 2022 | FRB | EagleBank | Civil Money Penalty: EagleBank |
| Jul 29, 2022 | FDIC | Not matched to an institution | FDIC Makes Public June Enforcement Actions |
| Jul 28, 2022 | OCC | Rabobank, N.A. | Civil Money Penalty (CMP): Ryan, John |
| Jul 28, 2022 | FDIC | Not matched to an institution | FDIC and Federal Reserve Issue Letter Demanding Voyager Digital Cease and Desist from Making … |
| Jul 28, 2022 | OCC | Rabobank, N.A. | Prohibition/Removal Orders: Ryan, John |
| Jul 26, 2022 | SEC_8K | Bank First Corporation | 8-K Item 1.01: written agreement |
| Jul 20, 2022 | SEC_8K | SEI Investments Company | 8-K Item 5.02: written agreement |
| Jul 19, 2022 | OCC | Citizens Bank, N.A. | Civil Money Penalty (CMP): Maffettone, Biagio |
| Jul 19, 2022 | OCC | Citizens Bank, N.A. | Prohibition/Removal Orders: Maffettone, Biagio |
| Jul 18, 2022 | OCC | PNC Bank, N.A. | Civil Money Penalty (CMP): PNC Bank, National Association |
| Jul 14, 2022 | OCC | Bank of America, N.A. | C&D or PC&D Requiring Restitution: Bank of America, National Association |
| Jul 14, 2022 | OCC | Bank of America, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Bank of America, National Association |
| Jul 14, 2022 | OCC | Bank of America, N.A. | Civil Money Penalty (CMP): Bank of America, National Association |
| Jul 13, 2022 | OCC | Lake Shore Savings Bank | Formal Agreement: Lake Shore Savings Bank |
| Jul 12, 2022 | OCC | Mission National Bank | Civil Money Penalty (CMP): Sweeney, Robert |
| Jul 6, 2022 Released Jul 7, 2022 | FRB | Easthampton Savings Bank | Civil Money Penalty: Easthampton Savings Bank, Easthampton, Massachusetts |
| Jul 1, 2022 | OCC | Citizens Bank, N.A. | Prohibition/Removal Orders: Jones, Bonita |
| Jun 24, 2022 | FDIC | Not matched to an institution | FDIC Makes Public May Enforcement Actions |
| Jun 21, 2022 | SEC_8K | First Bancorp | 8-K Item 1.01: written agreement |
| Jun 17, 2022 Released Jun 24, 2022 | FRB | Golden Pacific Bancorp, Inc. | Prohibition from Banking: Karl K. Klessig |
| Jun 15, 2022 Released Jun 21, 2022 | FRB | Evolve Bank & Trust | Civil Money Penalty: Evolve Bank & Trust, West Memphis, Arkansas |
| Jun 15, 2022 Released Jun 21, 2022 | FRB | North American Banking Company | Civil Money Penalty: North American Banking Company, Roseville, Minnesota |
| Jun 14, 2022 | OCC | Mission National Bank | Civil Money Penalty (CMP): Chan, William |
| Jun 14, 2022 | OCC | Mission National Bank | Civil Money Penalty (CMP): Loughlin, Joann |
| Jun 10, 2022 | OCC | Mission National Bank | Civil Money Penalty (CMP): Choi, David |
| Jun 10, 2022 | OCC | Mission National Bank | Civil Money Penalty (CMP): Prada, Julio |
| Jun 10, 2022 | OCC | Mission National Bank | Civil Money Penalty (CMP): Vivar, Alma |
| Jun 10, 2022 | OCC | Mission National Bank | Civil Money Penalty (CMP): Algeria, Cesar |
| Jun 6, 2022 | SEC_8K | Community West Bancshares | 8-K Item 5.02: written agreement |
| Jun 2, 2022 | OCC | JPMorgan Chase Bank, N.A. | Prohibition/Removal Orders: Wilhoite, Michael |
| Jun 1, 2022 | SEC_8K | Eagle Bancorp, Inc. | 8-K Item 8.01: civil money penalty |
| May 31, 2022 | SEC_8K | First Community Bankshares, Inc. | 8-K Item 5.02: memorandum of understanding |
| May 27, 2022 Released Jun 16, 2022 | FRB | Arvest Bank | Prohibition from Banking: Nicole Moore |
| May 27, 2022 | FDIC | Not matched to an institution | FDIC Makes Public April Enforcement Actions |