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 August 17, 2019


Bank Branches, Domestic

Chicago
Marquette Bank, Chicago, Illinois -- to establish a branch at 3435 West 111th Street, Chicago.
-Approved, August 16, 2019

Minneapolis
Opportunity Bank of Montana, Helena, Montana -- to establish a branch at 1005 North 27th Street, Billings.
-Approved, August 16, 2019

Bank Holding Companies

Minneapolis
The Bridger Company, Bridger, Montana -- to acquire First Security Bank of Malta, Malta, and Valley Bank of Glasgow, Glasgow.
-Approved, August 8, 2019
(A/C)

Cleveland
Consumers Bancorp, Inc., Minerva, Ohio -- waiver of application to acquire Peoples Bancorp of Mt. Pleasant, Inc., Mt. Pleasant, in connection with the merger of The Peoples National Bank of Mt. Pleasant with and into Consumers National Bank, Minerva.
-Granted, August 16, 2019

Chicago
First Merchants Corporation, Muncie, Indiana -- to merge with MBT Financial Corp, Monroe, Michigan, and thereby indirectly acquire Monroe Bank & Trust.
-Approved, August 16, 2019

Chicago
FSB Holdings, Inc., Fairview, Illinois -- to become a bank holding company by acquiring Fairview State Banking Company, Fairview.
-Approved, August 13, 2019

Minneapolis
Plains Commerce Financial, Inc., Hoven, South Dakota -- to become a bank holding company by acquiring Plains Commerce Bank, Hoven.
-Approved, August 14, 2019

Secretary
Prosperity Bancshares, Inc., Houston, Texas -- waiver of application to acquire LegacyTexas Financial Group, Inc., Plano, and LegacyTexas Bank (LTB), in connection with the merger of LTB with and into Prosperity Bank, El Campo.
-Granted, August 13, 2019

Cleveland
S&T Bancorp, Inc., Indiana, Pennsylvania -- to acquire by merger DNB Financial Corporation, Downingtown, and DNB First, National Association.
-Approved, August 14, 2019

Bank Premises

Cleveland
The Twin Valley Bank, West Alexandria, Ohio -- request to exceed the limit on investment in bank premises.
-Approved, August 13, 2019

Banks, State Member

New York
Manufacturers and Traders Trust Company, Buffalo, New York -- to make a public welfare investment.
-Approved, July 24, 2019
(A/C)

Change in Bank Control

Minneapolis
Guaranty Development Company, Livingston, Montana -- change in bank control of Guaranty Development Company, and its subsidiary, American Bank, Bozeman.
-Permitted, August 15, 2019

Chicago
Merchants Bancorp, Carmel, Indiana -- to retain control of Merchants Bancorp and its subsidiaries, Merchants Bank of Indiana, Carmel, and Farmers-Merchants Bank of Illinois, Joy, Illinois.
-Permitted, August 16, 2019

Kansas City
Spirit Bankcorp, Inc., Bristow, Oklahoma -- change in bank control of Spirit Bankcorp, Inc., and its subsidiary, SpiritBank, Tulsa.
-Permitted, August 12, 2019

Atlanta
Tennessee State Bancshares, Inc., Pigeon Forge, Tennessee -- change in bank control of Tennessee State Bancshares, Inc., and its subsidiary, Tennessee State Bank, Pigeon Forge.
-Permitted, August 15, 2019

Extensions of Time

Secretary
Banco Bradesco S.A., Sao Paulo, Brazil, et al. -- commenter's request to extend the comment period on the application to acquire BAC Florida Bank, Coral Gables, Florida.
-Denied, August 14, 2019

International Operations

New York
Popular, Inc., San Juan, Puerto Rico -- to acquire, indirectly through EVERTEC Group, LLC, San Juan, certain assets of Tec 2 Fly Inc., San Juan, under Regulation K.
-Approved, August 11, 2019

Savings and Loan Holding Companies

Boston
Middlesex Federal MHC, Sommerville, Massachusetts -- to become a mutual savings and loan holding company in connection with the reorganization of Middlesex Federal Savings, F.A., Somerville, from a federal mutual savings association to a stock savings association.
-Approved, August 12, 2019

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