Actions under delegated authority

Actions taken during the week ending October 10, 2020

Bank Branches, Domestic

Dallas

First State Bank, Gainesville, Texas -- to establish a branch at 2624 North Loy Lake Road, Sherman.
-Approved, October 8, 2020

Minneapolis

Liberty Bank Minnesota, Saint Cloud, Minnesota -- to establish a branch at 730 Humboldt Drive, Big Lake.
-Approved, October 5, 2020

Secretary

Professional Bank, Coral Gables, Florida -- to establish a branch at 9690 NW 41st Street, Doral.
-Approved, October 5, 2020

Cleveland

The Richwood Banking Company, Inc., Richwood, Ohio -- to establish a branch at 120 East Sandusky Avenue, Bellefontaine, and request to exceed the limit on investment in bank premises.
-Approved, October 7, 2020

Bank Holding Companies

Atlanta

Citizens Bancorp Investment, Inc., Lafayette, Tennessee -- to acquire and merge with American Bancshares Corp., Livingston, and thereby indirectly acquire American Bank & Trust of the Cumberlands.
-Approved, October 8, 2020

Bank Mergers

Secretary

First Western Bank and Trust, Minot, North Dakota -- to merge with BlackRidgeBANK, Fargo, and thereby establish branches.
-Approved, October 8, 2020

Change in Bank Control

St. Louis

The Carbondale Investment Corporation, Carbondale, Illinois -- to retain control of The Carbondale Investment Corporation and its subsidiary, The Bank of Carbondale, Carbondale.
-Permitted, October 9, 2020

St. Louis

Newburg Insurance Agency, Inc., Rolla, Missouri -- to retain control of Newburg Insurance Agency, Inc., and its subsidiary, Citizens Bank of Newburg, Rolla.
-Permitted, October 5, 2020

Atlanta

RCB Financial Corporation, Rome, Georgia -- to retain control of RCB Financial Corporation and its subsidiary, River City Bank, Rome.
-Permitted, October 9, 2020

Chicago

Security Financial, Inc., Farnhamville, Iowa -- to retain control of Security Financial, Inc., and its subsidiary, Security Savings Bank, Gowrie.
-Permitted, October 9, 2020

Extensions of Time

Richmond

New Peoples Bank, Inc., Honaker, Virginia -- extension to April 24, 2021, to establish a branch at 901 West State Street, Bristol.
-Granted, October 5, 2020

Regulations and Policies

Chair

Lending and Liquidity Facilities -- reports to Congress pursuant to section 13(3) of the Federal Reserve Act in response to COVID-19.
-Approved, October 5, 2020

Savings and Loan Holding Companies

General Counsel

State Farm Mutual Automobile Insurance Company, Bloomington, Illinois -- request for an exemption to permit an individual to continue as an institution-affiliated party.
-Granted, October 8, 2020