Actions under delegated authority

Actions taken during the week ending October 31, 2020

Bank Branches, Domestic

Richmond

The First Bank and Trust Company, Lebanon, Virginia -- to establish a branch at 13221 Hanover Courthouse Road, Hanover, and increase its investment in bank premises.
-Approved, October 28, 2020

San Francisco

Mission Bank, Bakersfield, California -- to establish a branch at 1150 Osos Street, San Luis Obispo.
-Approved, October 28, 2020

Richmond

Virginia Partners Bank, Fredericksburg, Virginia -- to establish a branch at 7415 Laughlin Boulevard, Spotsylvania Courthouse.
-Approved, October 28, 2020

Chicago

VisionBank of Iowa, Ames, Iowa -- to establish a branch at 45 North Warrior Lane, Waukee.
-Approved, October 30, 2020

Bank Holding Companies

Richmond

New Republic Partners, Inc., Charlotte, North Carolina -- to become a bank holding company by acquiring New Republic Savings Bank, Roanoke Rapids, upon its conversion from a federal savings bank to a state-chartered commercial bank.
-Approved, October 29, 2020

St. Louis

Rhineland Bancshares, Inc, Rhineland, Missouri -- relief from certain commitments.
-Granted, October 30, 2020

General Counsel

Summit Financial Group, Inc., Moorefield, West Virginia -- waiver of application to acquire WinFirst Financial Corp., Winchester, Kentucky, in connection with the merger of WinFirst Bank with and into Summit Community Bank, Moorefield, West Virginia.
-Granted, October 29, 2020

Banks, Nonmember, and Miscellaneous Institutions

San Francisco

FJ Management, Inc., Salt Lake City, Utah -- relief from certain commitments.
-Granted, October 26, 2020

Banks, State Member

Secretary

The Bank of Delmarva, Seaford, Delaware -- location determination of master account at the Federal Reserve Bank of Richmond upon becoming a member of the Federal Reserve System.
-Approved, October 30, 2020

Change in Bank Control

Boston

Patriot Community Bank, Woburn, Massachusetts -- change in bank control of Patriot Community Bank.
-Permitted, October 28, 2020

Extensions of Time

St. Louis

Arvest Bank, Fayetteville, Arkansas -- extension to February 6, 2021, to establish branches at the northeast corner of Lucile Lane and Shawnee Mission Parkway, Shawnee, Kansas, and the southeast corner of 151st Street and Murlen Road, Olathe (two requests).
-Granted, October 28, 2020

Financial Holding Companies

Minneapolis

Heritage Bancshares Group, Inc., Spicer, Minnesota -- election to become a financial holding company.
-Effective, October 27, 2020

Membership

Richmond

The Bank of Delmarva, Seaford, Delaware -- to become a member of the Federal Reserve System.
-Approved, October 30, 2020

Savings and Loan Holding Companies

St. Louis

BancKentucky, Inc., Murray, Kentucky -- to engage de novo in the acquisition and management of improved real estate.
-Withdrawn, October 30, 2020