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 |
|---|---|---|
| May 1, 2022 | Consumer 1st Federal Credit Union | Century Heritage Federal Credit Union |
| May 1, 2022 | Bashas' Associates Federal Credit Union | First Credit Union |
| May 1, 2022 | Plain Dealer Federal Credit Union, Inc. | Credit Union of Ohio |
| May 1, 2022 | Struthers Federal Credit Union | Bridge Credit Union Inc. |
| May 1, 2022 | Valley Catholic Federal Credit Union | Hartford Federal Credit Union |
| May 1, 2022 | New Horizon Credit Union | University of Illinois Community Credit Union |
| May 1, 2022 | Home Savings Bank | Dupaco Community Credit Union |
| May 1, 2022 | Texaco Credit Union of Houma | Pelican Credit Union |
| Apr 30, 2022 | Schneider Community Credit Union | Fox Communities Credit Union |
| Apr 30, 2022 | Bar Harbor Trust Services | Bar Harbor Wealth Management |
| Apr 30, 2022 | First Community Bancorp, Inc. | Eagle Bancorp Montana, Inc. |
| Apr 30, 2022 | First Community Bank | Opportunity Bank of Montana |
| Apr 30, 2022 | Legacy Bank | Inbank |
| Apr 30, 2022 | Hopkins County Teachers Federal Credit Union{ | Owensboro Federal Credit Union |
| Apr 30, 2022 | G.H.S. Federal Credit Union | South Carolina Federal Credit Union |
| Apr 23, 2022 | Dixon Bank | United Community Bank of West Kentucky, Inc. |
| Apr 18, 2022 | Hillsboro State Bank | Vintage Bank Kansas |
| Apr 14, 2022 | Citizens Bank of Florida | Fairwinds Credit Union |
| Apr 9, 2022 | Spirit of Texas Bancshares, Inc. | Simmons First National Corporation |
| Apr 9, 2022 | Spirit of Texas Bank, SSB | Simmons Bank |
| Apr 8, 2022 | Albany Bancshares Nevada Financial Corporation | Albany Bancshares, Inc. |
| Apr 7, 2022 | Investors Bancorp, Inc. | Citizens Financial Group, Inc. |
| Apr 7, 2022 | Investors Bank | Citizens Bank, N.A. |
| Apr 4, 2022 | McNairy Employees Credit Union | Employee Resources Credit Union |
| Apr 2, 2022 | Guaranty Bank | Guaranty Bank |
| Apr 2, 2022 | State Bank of Cerro Gordo | State Bank of Bement |
| Apr 2, 2022 | People's United Financial, Inc. | M&T Bank Corporation |
| Apr 2, 2022 | People's United Bank, National Association | Manufacturers and Traders Trust Company |
| Apr 2, 2022 | Baker Federal Credit Union | First Commonwealth Federal Credit Union |
| Apr 1, 2022 | Level One Bank | First Merchants Bank |
| Apr 1, 2022 | Pioneer Bancshares, Inc. | Firstsun Capital Bancorp |
| Apr 1, 2022 | Level One Bancorp, Inc. | First Merchants Corporation |
| Apr 1, 2022 | Hbi Employees Credit Union | Blaze Credit Union |
| Apr 1, 2022 | Adm Credit Union | United Equity Credit Union |
| Apr 1, 2022 | Northern United Federal Credit Union | U.P. State Credit Union |
| Apr 1, 2022 | Certain-Teed Waco Federal Credit Union | Members Choice of Central Texas Federal Credit Union |
| Apr 1, 2022 | Northern Energy Federal Credit Union | Minnesota Valley Federal Credit Union |
| Apr 1, 2022 | Delco Postal Cu | Forge Federal Credit Union |
| Apr 1, 2022 | Flag Credit Union | Hello Credit Union |
| Apr 1, 2022 | Happy State Bank | Centennial Bank |
| Apr 1, 2022 | White Earth Reservation Federal Credit Union | Affinity Plus Federal Credit Union |
| Apr 1, 2022 | McNeese Federal Credit Union | Calcasieu Teachers & Employees Credit Union |
| Apr 1, 2022 | Life Federal Credit Union | Fortera Federal Credit Union |
| Apr 1, 2022 | Members United Credit Union | The Bridgeway Federal Credit Union |
| Apr 1, 2022 | Bank Leumi USA | Valley National Bank |
| Apr 1, 2022 | Bank of the South | The Warrington Bank |
| Apr 1, 2022 | Revere Municipal Employees Federal Credit Union | St. Jean's Credit Union |
| Apr 1, 2022 | Pioneer Bank, SSB | Sunflower Bank, N.A. |
| Apr 1, 2022 | Webster Capital Finance, Inc | Webster Bank, N.A. |
| Apr 1, 2022 | Webster Business Credit Corporation | Webster Bank, N.A. |
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 |