Release dates | Full version (300 KB PDF)
Board Actions | Actions under delegated authority
Applications and reports received:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco

Actions under delegated authority

Actions taken during the week ending July 23, 2016


Bank Branches, Domestic

Richmond
Essex Bank, Richmond, Virginia -- to establish a branch at 1496 Anderson Highway, Cumberland.
-Approved, July 19, 2016

Richmond
EVB, Tappahannock, Virginia -- to establish a branch at 350-360 East Hundred Road, Chester.
-Approved, July 19, 2016

St. Louis
Farmers Bank & Trust Company, Magnolia, Arkansas -- to establish a branch at 1061 North Coleman Street, Prosper, Texas.
-Approved, July 20, 2016

Chicago
Wintrust Bank Chicago, Illinois -- to establish a branch at 2400 West Madison Street, Chicago.
-Approved, July 18, 2016

Bank Holding Companies

New York
CheckSpring Community Corporation NY, Bronx, New York -- to become a bank holding company by acquiring Spring Bank, Bronx.
-Withdrawn, July 18, 2016

New York
Freedom Bancorp, Inc., Maywood, New Jersey -- to become a bank holding company by acquiring Freedom Bank, Maywood.
-Approved, July 20, 2016

General Counsel
Lizton Financial Corporation, Lizton, Indiana -- waiver of application to acquire Indiana Business Bancorp, Indianapolis, in connection with the merger of their subsidiaries, Indiana Business Bank, Indianapolis, with and into State Bank of Lizton, Lizton.
-Granted, July 21, 2016

Chicago
MB Financial, Inc., Chicago, Illinois -- to merge with American Chartered Bancorp, Inc., Schaumburg, and thereby indirectly acquire control of American Chartered Bank.
-Approved, July 20, 2016

Chicago
QCR Holdings, Inc., Moline, Illinois -- to acquire Community State Bank, Ankeny, Iowa.
-Approved, July 20, 2016

St. Louis
Simmons First National Corporation, Pine Bluff, Arkansas -- to acquire Citizens National Bank, Athens, Tennessee.
-Approved, July 20, 2016

Minneapolis
Uptown Bancorporation, Inc., Britton, South Dakota -- to acquire shares of First American State Bank, Oldham.
-Approved, July 22, 2016

Bank Premises

Richmond
Benchmark Community Bank, Kenbridge, Virginia -- to increase its investment in bank premises.
-Approved, July 22, 2016

Banks, Nonmember, and Miscellaneous Institutions

Director, BS&R
Hong Kong Emerald (PTC) Ltd., British Virgin Islands; Hari Harilela Family Trust, Cayman Islands, et al. -- modification of a commitment.
-Granted, July 22, 2016

Change in Bank Control

Chicago
STC Bancshares Corp., Saint Charles, Illinois -- change in bank control of STC Bancshares Corp. and its subsidiary, STC Capital Bank, St. Charles.
-Permitted, July 21, 2016

Extensions of Time

Secretary
Cooperatieve Rabobank U.A., Utrecht, Netherlands -- extension to October 1, 2016, to establish a U.S. risk committee pursuant to the requirements of Regulation YY.
-Granted, July 19, 2016

Secretary
Sumitomo Mitsui Financial Group, Tokyo, Japan, and Sumitomo Mitsui Banking Corporation -- extension to October 1, 2016, to establish a U.S. risk committee pursuant to the requirements of Regulation YY.
-Granted, July 19, 2016

Director, BS&R
Wells Fargo & Company, San Francisco, California -- extension of time to conform or divest a merchant banking investment.
-Granted, July 18, 2016

Regulations and Policies

Director, RBOPS
Payment System Risk Policy -- revision to part II of the Federal Reserve Policy on Payment System Risk related to the procedures for measuring balances intraday in institutions' accounts at the Federal Reserve Banks to conform with enhancements to the Reserve Banks' same-day automated clearinghouse service.
-Approved, July 18, 2016

Release dates | Full version (300 KB PDF)
Board Actions | Actions under delegated authority
Applications and reports received:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco