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 8, 2017


Bank Branches, Domestic

St. Louis
Teutopolis State Bank, Teutopolis, Illinois -- to establish a branch at 900 West Jefferson Avenue, Effingham.
-Approved, July 5, 2017

Dallas
Texas Regional Bank, Harlingen, Texas -- to establish branches at 6770 West Expressway 83, Harlingen, and 203 South Jackson Road, Edinburg (two applications).
-Approved, July 5, 2017

Bank Holding Companies

San Francisco
Farmers & Merchants Bancorp, Lodi, California -- to acquire shares of Bank of Rio Vista, Rio Vista.
-Approved, July 3, 2017

General Counsel
First Community Corporation, Lexington, South Carolina -- waiver of application to acquire Cornerstone Bancorp, Easley, in connection with the merger of their subsidiaries, Cornerstone National Bank and First Community Bank, Lexington.
-Granted, July 6, 2017

General Counsel
FirstBanc of Alabama, Inc., Talladega, Alabama -- waiver of application to acquire Swann Bancshares, Inc., Wedowee, in connection with the merger of their subsidiaries, Bank of Wedowee and First Bank of Alabama, Talladega.
-Granted, July 3, 2017

Minneapolis
Waseca Bancshares, Inc., Waseca, Minnesota -- to merge with Freedom Bancorporation, Inc., Lindstrom, and thereby indirectly acquire Lake Area Bank.
-Approved, July 3, 2017

Banks, Nonmember, and Miscellaneous Institutions

Director, S&R
Cloister Capital LLC, Berwyn, Pennsylvania -- relief from certain commitments.
-Granted, July 5, 2017

Director, S&R
Jacobs Asset Management et al., LLC, New York, New York -- relief from certain commitments.
-Granted, July 5, 2017

Change in Bank Control

San Francisco
CommerceWest Bank, Irvine, California -- change in bank control of CommerceWest Bank, Irvine.
-Permitted, July 7, 2017

Atlanta
First IC Corporation, Doraville, Georgia -- change in bank control of First IC Corporation and its subsidiary, First IC Bank, Atlanta.
-Permitted, July 5, 2017

Chicago
Owen Financial Corporation, Spencer, Indiana -- change in bank control of Owen Financial Corporation and its subsidiary, Owen County State Bank, Spencer.
-Permitted, July 7, 2017

Extensions of Time

New York
Bank of Ireland, Stamford, Connecticut -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, April 10, 2017
(A/C)

New York
The Bank of New York Mellon Corporation, New York, New York -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, May 3, 2017
(A/C)

New York
The Bank of Nova Scotia, Toronto, Canada -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, April 6, 2017
(A/C)

New York
The Bessemer Group Incorporated, Woodbridge, New Jersey -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, April 11, 2017
(A/C)

New York
BNP Paribas, Paris, France -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, June 5, 2017
(A/C)

New York
Canadian Imperial Bank of Commerce, Toronto, Canada -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, March 22, 2017
(A/C)

New York
CIT Group Inc., Livingston, New Jersey -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, March 30, 2017
(A/C)

New York
Citigroup Inc., New York, New York -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, April 21, 2017
(A/C)

Dallas
Comerica Incorporated, Dallas, Texas -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, April 12, 2017
(A/C)

New York
Coöperatieve Rabobank U.A., Utrecht, Netherlands -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, March 20, 2017
(A/C)

New York
Crédit Agricole SA, Montrouge, France -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, June 9, 2017
(A/C)

New York
Credit Suisse AG, Zurich, Switzerland -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, April 18, 2017
(A/C)

New York
Dexia Credit Local - New York Branch, New York, New York -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, May 2, 2017
(A/C)

Atlanta
First Farmers and Merchants Bank, Columbia, Tennessee -- extension to October 20, 2017, to establish a branch at 5020 Harpeth Drive, Brentwood.
-Granted, July 5, 2017

New York
The Goldman Sachs Group, Inc., New York, New York -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, March 8, 2017
(A/C)

New York
JPMorgan Chase & Co., New York, New York -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, June 12, 2017
(A/C)

New York
Landesbank Hessen-Thueringen Girozentrale, Frankfurt, Germany -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, May 1, 2017
(A/C)

New York
Lloyds Banking Group plc, London, United Kingdom -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, May 1, 2017
(A/C)

New York
M&T Bank Corporation, Buffalo, New York -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, April 4, 2017
(A/C)

St. Louis
Midland States Bank, Effingham, Illinois -- extension to October 18, 2017, to merge with Centrue Bank, Streator.
-Granted, July 6, 2017

New York
Morgan Stanley, New York, New York -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, June 5, 2017
(A/C)

New York
New York Private Bank & Trust Corporation, New York, New York -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, June 13, 2017
(A/C)

New York
Norddeutsche Landesbank Girozentrale - New York Branch, New York, New York -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, May 2, 2017
(A/C)

New York
People's United Financial, Inc., Bridgeport, Connecticut -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, March 17, 2017
(A/C)

New York
Popular, Inc., San Juan, Puerto Rico -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, April 18, 2017
(A/C)

New York
The Royal Bank of Scotland Group plc, Edinburgh, United Kingdom -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, March 28, 2017
(A/C)

New York
Sumitomo Mitsui Financial Group, Inc., Tokyo, Japan -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, March 21, 2017
(A/C)

New York
Tompkins Financial Corporation, Ithaca, New York -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, May 12, 2017
(A/C)

New York
UniCredit Bank AG, Munich, Germany -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, May 2, 2017
(A/C)

New York
United Overseas Bank Ltd., Singapore -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, April 10, 2017
(A/C)

Dallas
Woodforest Financial Group Employee Stock Ownership Plan (with 401(k) Provisions) (Amended and Restated Eff. 03/01/06), The Woodlands, Texas; and Woodforest Financial Group Employee Stock Ownership Trust -- extension to October 5, 2017, to acquire shares of Woodforest Financial Group, Inc., The Woodlands, and indirectly acquire Woodforest National Bank, Houston.
-Granted, July 5, 2017

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