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 |
|---|---|---|---|
| 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 |