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 October 3, 2020


Bank Branches, Domestic

New York
Popular Bank, New York, New York -- to establish a branch at 7306 Collins Avenue, Miami Beach, Florida.
-Approved, October 2, 2020

Atlanta
Regions Bank, Birmingham, Alabama -- to establish branches (1) on FM 1488, east of the intersection with Honea Egypt Road, Magnolia, Texas; (2) on Pines Boulevard, east of the intersection with Dykes Road, Pembroke Pines, Florida; and (3) at One Vineland Road, Kissimmee.
-Approved, September 30, 2020

Secretary
Synovus Bank, Columbus, Georgia -- to establish a branch at 2211 Marietta Boulevard, Atlanta.
-Approved, September 30, 2020

Bank Holding Companies

San Francisco
1st Capital Bancorp, Salinas, California -- to become a bank holding company by acquiring 1st Capital Bank, Salinas.
-Approved, September 28, 2020

St. Louis
Enterprise Financial Services Corp, Clayton, Missouri -- waiver of application to acquire Seacoast Commerce Banc Holdings, San Diego, California, in connection with the merger of Seacoast Commerce Bank with Enterprise Bank & Trust, Clayton.
-Granted, October 1, 2020

Kansas City
First York Ban Corp (First York), York, Nebraska -- (1) to acquire Tilden Bancshares, Inc., Tilden; and (2) for First York's subsidiary, Cornerstone Bank, York, to acquire The Tilden Bank, Tilden, and thereby acquire branches.
-Approved, October 2, 2020

Banks, Foreign

New York
ICICI Bank Limited, Mumbai, India -- to establish representative offices in Sunnyvale, California, and Irving, Texas, pursuant to Regulation K.
-Approved, September 29, 2020

Banks, State Member

Atlanta
BBVA USA, Birmingham, Alabama -- to make a public welfare investment.
-Granted, October 2, 2020

Change in Bank Control

Dallas
First West Texas Bancshares, Inc., Midland, Texas -- to retain control of First West Texas Bancshares, Inc., and its subsidiary, West Texas National Bank, Midland.
-Permitted, September 28, 2020

Minneapolis
Goose River Holding Company, Mayville, North Dakota -- change in bank control of Goose River Holding Company and its subsidiary, The Goose River Bank, Mayville.
-Permitted, September 30, 2020

San Francisco
Pacific Crest Bancorp, Inc., Lynnwood, Washington -- to retain control of Pacific Crest Bancorp, Inc., and its subsidiary, Pacific Crest Savings Bank, Lynnwood.
-Permitted, September 29, 2020

Extensions of Time

Chicago
Bath State Bancorp Employee Stock Ownership Plan w/401(k) Provisions (ESOP), Bath, Indiana -- extension to January 2, 2021, to become a bank holding company by acquiring shares of Bath State Bancorp, Bath, and thereby acquiring control of Bath State Bank; and for ESOP to engage in extending credit and servicing loans.
-Granted, October 2, 2020

St. Louis
Central Bank of the Ozarks, Springfield, Missouri -- extension to January 17, 2021, to establish a branch at 3810 East Sunshine Street, Springfield.
-Granted, October 1, 2020

Richmond
Clear Mountain Bank, Bruceton Mills, West Virginia -- extension to October 7, 2020, to establish a branch at 6200 Memorial Church Drive, Westover.
-Granted, September 28, 2020

St. Louis
Progressive Ozark Bank, Salem, Missouri -- extension to January 24, 2021, to establish a branch at 204 Jennifer Street, Mansfield, and to increase its investment in bank premises.
-Granted, October 1, 2020

Secretary
Qualified Financial Contracts (QFCs) -- extension of time for the following banking organizations to conform certain custody services contracts to certain requirements of the Board's QFC stay rule: Bank of America Corporation; Bank of New York Mellon Corporation; Citigroup Inc.; JPMorgan Chase & Co.; and State Street Corporation.
-Granted, September 30, 2020

Financial Holding Companies

New York
Esquire Financial Holdings, Inc., Jericho, New York -- election to become a financial holding company.
-Effective, October 1, 2020

International Operations

Minneapolis
USB European Holdings Company, Minneapolis, Minnesota -- as an agreement corporation and subsidiary of U.S. Bank National Association, Cincinnati, Ohio, to indirectly invest in Elavon Financial Services DAC, Dublin, Ireland, pursuant to Regulation K.
-Approved, September 28, 2020

San Francisco
Wells Fargo & Company, San Francisco, California -- prior notice to make an investment pursuant to Regulation K.
-No Objection, September 29, 2020

Supervision and Regulation

Director, S&R
U.S. Bancorp, Minneapolis, Minnesota -- request to change its preference for netting certain deferred tax liabilities under the Board's capital rule.
-Granted, October 1, 2020

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