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 |
|---|---|---|
| Feb 2, 2022 | Pacific Enterprise Bank | United Business Bank |
| Feb 2, 2022 | Pacific Enterprise Bancorp | Baycom Corp |
| Feb 2, 2022 | Golden Pacific Bancorp, Inc. | Social Finance, LLC |
| Feb 1, 2022 | Great Western Bank | First Interstate Bank |
| Feb 1, 2022 | Great Western Bancorp, Inc. | First Interstate Bancsystem, Inc. |
| Feb 1, 2022 | Sterling Bancorp | Webster Financial Corporation |
| Feb 1, 2022 | Commfirst Federal Credit Union | Brightview Federal Credit Union |
| Feb 1, 2022 | Boys Town Federal Credit Union | Cobalt Federal Credit Union |
| Feb 1, 2022 | Nma Federal Credit Union | Pentagon Federal Credit Union |
| Feb 1, 2022 | First State Bank | Shelby County State Bank |
| Feb 1, 2022 | Sumter City Credit Union | Safe Federal Credit Union |
| Feb 1, 2022 | Equitable Federal Credit Union | Buckeye State Credit Union, Inc. |
| Feb 1, 2022 | Waterbury Police Federal Credit Union | Police Credit Union of CT |
| Feb 1, 2022 | Gem Federal Credit Union | Great River Federal Credit Union |
| Feb 1, 2022 | Towanda School Employees Federal Credit Union | Ingersoll-Rand Federal Credit Union |
| Feb 1, 2022 | Gulf States Credit Union | McCoy Federal Credit Union |
| Feb 1, 2022 | Sterling National Bank | Webster Bank, N.A. |
| Jan 31, 2022 | Royal Financial, Inc. | Finward Bancorp |
| Jan 31, 2022 | Royal Savings Bank | Peoples Bank |
| Jan 29, 2022 | Farmers Savings Bank | Security State Bank |
| Jan 29, 2022 | Durand State Bank | Solutions Bank |
| Jan 28, 2022 | Ponce Bank Mutual Holding Company | Ponce Financial Group, Inc. |
| Jan 28, 2022 | PDL Community Bancorp | Ponce Financial Group, Inc. |
| Jan 22, 2022 | Howard Bancorp, Inc. | F.N.B. Corporation |
| Jan 22, 2022 | Arrowpointe Federal Credit Union | Founders Federal Credit Union |
| Jan 21, 2022 | Coastal New England Federal Credit Union | Taunton Federal Credit Union |
| Jan 8, 2022 | Suncrest Bank | Citizens Business Bank, N.A. |
| Jan 7, 2022 | 1st Constitution Bancorp | Lakeland Bancorp, Inc. |
| Jan 7, 2022 | 1st Constitution Bank | Lakeland Bank |
| Jan 6, 2022 | Merchants Bank of Alabama | Southpoint Bank |
| Jan 6, 2022 | Merchants Financial Services, Inc. | Southpoint Bancshares, Inc. |
| Jan 5, 2022 | State Bank of Saunemin | State Bank of Graymont |
| Jan 4, 2022 | CIT Group Inc. | First-Citizens Bank & Trust Company |
| Jan 4, 2022 | CIT Bank, National Association | First-Citizens Bank & Trust Company |
| Jan 3, 2022 | Sabal Palm Bancorp, Inc. | Seacoast Banking Corporation of Florida |
| Jan 3, 2022 | Sabal Palm Bank | Seacoast National Bank |
| Jan 3, 2022 | Business Bank of Florida, Corp. | Seacoast Banking Corporation of Florida |
| Jan 3, 2022 | Florida Business Bank | Seacoast National Bank |
| Jan 2, 2022 | Texas Bank Financial | TexasBank |
| Jan 1, 2022 | Sbi Acquisition I, Inc. | Stupp Bros., Inc. |
| Jan 1, 2022 | Sbi Acquisition Sub I, LLC | Stupp Bros., Inc. |
| Jan 1, 2022 | Teton Financial Services, Inc. | First Western Financial, Inc. |
| Jan 1, 2022 | Reliant Bancorp, Inc. | United Community Banks, Inc. |
| Jan 1, 2022 | E*trade Savings Bank | Morgan Stanley Private Bank, N.A. |
| Jan 1, 2022 | Reliant Bank | United Community Bank |
| Jan 1, 2022 | Country Club Trust Company, N.A. | Country Club Bank |
| Jan 1, 2022 | Western Equipment Finance, Inc. | Western State Bank |
| Jan 1, 2022 | The University National Bank of Lawrence | Great American Bank |
| Jan 1, 2022 | Bryn Mawr Bank Corporation | WSFS Financial Corporation |
| Jan 1, 2022 | Citizens Union Bancorp of Shelbyville, Inc. | German American Bancorp, Inc. |
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 |