FRB: H.2--Actions under delegated authority--Week ending May 18, 2019

Bank of Burlington, Burlington, Colorado -- to establish a branch at 25 East 1st Street, Cheyenne Wells.
-Approved, May 17, 2019

Exchange Bank of Northeast Missouri, Kahoka, Missouri -- to establish a branch at 29686 US Highway 136, Wayland.
-Approved, May 14, 2019

Greenfield Cooperative Bank, Greenfield, Massachusetts -- to establish a branch at 487 Newton Street, South Hadley, and request to exceed the limit on investment in bank premises.
-Approved, May 17, 2019

Oklahoma Capital Bank, Tulsa, Oklahoma -- to establish a branch at 6555 North Peoria Avenue, Tulsa.
-Approved, May 16, 2019

The Twin Valley Bank, West Alexandria, Ohio -- to establish a branch at 641 West Main Street, New Lebanon, and request to exceed the limit on investment in bank premises.
-Approved, May 16, 2019

Pioneer Bancorp MHC (MHC), Albany, New York; and Pioneer Bancorp, Inc. (Bancorp) -- to become bank holding companies by acquiring Pioneer Bank, Albany, and Pioneer Commercial Bank, upon the conversion of Pioneer Savings Bank from mutual to stock form and a minority stock issuance by Bancorp; and election by MHC and Bancorp to become financial holding companies.
-Approved, May 14, 2019

Stark Bancshares, Inc., Canton, Ohio -- to become a bank holding company by acquiring Farmers Financial Corporation, Bolivar, Missouri, and thereby indirectly acquiring Farmers State Bank, S/B, Schell City.
-Approved, May 15, 2019

Bosshard Banco, Ltd., La Crosse, Wisconsin -- change in bank control of Bosshard Banco, Ltd., and its subsidiaries, First National Bank of Bangor, Bangor, and Intercity State Bank, Schofield.
-Permitted, May 17, 2019

Capital Bancshares, Inc., Little Rock, Arkansas -- to retain control of Capital Bancshares, Inc., and its subsidiary, Encore Bank, Little Rock (two notices).
-Permitted, May 16, 2019

Pilgrim Bancorporation, Mount Pleasant, Texas -- to retain control of Pilgrim Bancorporation and its subsidiary, Pilgrim Bank, Pittsburg.
-Permitted, May 17, 2019

Spirit BankCorp, Inc., Bristow, Oklahoma -- change in bank control of Spirit BankCorp, Inc., and its subsidiary, SpiritBank, Tulsa.
-Permitted, May 15, 2019

Wathena Bancshares, Inc., Wathena, Kansas -- to retain control of Wathena Bancshares, Inc., and its subsidiary, Farmers State Bank, Wathena.
-Permitted, May 17, 2019

Citizens Financial Group, Inc., Providence, Rhode Island -- request for an extension of time until December 2, 2019, to fully incorporate its acquired mortgage servicing portfolio into its Y-14M submission.
-Granted, May 17, 2019

Morgan Stanley, New York, New York -- extension of time to conform or divest a merchant banking investment.
-Granted, May 16, 2019

Brodhead Bancshares, Inc., Brodhead, Wisconsin -- election to become a financial holding company.
-Effective, May 16, 2019

The First National Bank of Beloit, Beloit, Kansas -- to retain its membership in the Federal Reserve System on conversion to a state-chartered bank (to be known as The First Bank of Beloit).
-Approved, May 15, 2019

The Rawlins National Bank, Rawlins, Wyoming -- to retain its membership in the Federal Reserve System on conversion to a state-chartered bank (to be known as RNB State Bank).
-Approved, May 17, 2019

Actions under delegated authority

Actions taken during the week ending May 18, 2019

Bank Branches, Domestic

Bank Holding Companies

Change in Bank Control

Extensions of Time

Financial Holding Companies

Membership