Actions under delegated authority

Actions taken during the week ending November 4, 2017

Bank Branches, Domestic

Secretary

Exchange Bank & Trust Company, Perry, Oklahoma -- to establish a branch at 316 North Main Street, Stillwater.
-Approved, November 1, 2017

Bank Holding Companies

San Francisco

First Choice Bancorp, Cerritos, California -- to become a bank holding company by acquiring First Choice Bank, Cerritos.
-Approved, November 3, 2017

Richmond

PB Financial Corporation, Rocky Mount, North Carolina -- to become a bank holding company by acquiring Providence Bank, Rocky Mount.
-Withdrawn, November 1, 2017

Minneapolis

Tradition Bancshares, Inc., Edina, Minnesota -- to engage in investment advisory services through the acquisition of shares of Rock Creek Advisors, LLC, Rapid City, South Dakota, a registered investment advisor.
-Approved, November 2, 2017

Change in Bank Control

Chicago

First American Bankshares, Inc., Fort Atkinson, Wisconsin -- to retain control of First American Bankshares, Inc., and its subsidiaries, PremierBank, Fort Atkinson, and Commercial Bank, Whitewater.
-Permitted, November 3, 2017

San Francisco

Montecito Bancorp, Santa Barbara, California -- to retain control of Montecito Bancorp and its subsidiary, Montecito Bank & Trust, Santa Barbara.
-Permitted, October 30, 2017

Extensions of Time

Minneapolis

First Community Bank, Glasgow, Montana -- extension to March 31, 2018, to establish a branch at 7517 Roughsawn Drive, Helena.
-Granted, November 3, 2017

New York

Mizuho Bank (USA), New York, New York -- extension to December 31, 2017, to merge with Mizuho Trust & Banking Co. (USA), New York.
-Granted, November 3, 2017

International Operations

Director, S&R

The Goldman Sachs Group, Inc., New York, New York -- waiver of remainder of prior-notification period to make an investment, through two Brazilian subsidiaries, in Fundo de Investimiento Liquidez de Camara BM&FBOVESPA Multimercado, Sao Paulo, Brazil.
-Granted, October 31, 2017

Regulations and Policies

Director, MA

Regulation D (Reserve Requirements of Depository Institutions) -- annual indexing of the reserve requirement exemption amount, low reserve tranche, nonexempt deposit cutoff level, and reduced reporting limit for 2018.
-Approved, November 2, 2017

Savings and Loan Holding Companies

San Francisco

The Charles Schwab Corporation, San Francisco, California -- to acquire Nordstrom FSB, Scottsdale, Arizona.
-Approved, October 30, 2017