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 February 13, 2021


Bank Holding Companies

Richmond
CFBanc Corporation, Washington, D.C. -- relief from certain commitments.
-Granted, February 9, 2021

Richmond
CSBH, LLC, Baltimore, Maryland -- to become a bank holding company by acquiring New Horizon Bank, N.A., Powhatan, Virginia.
-Approved, February 12, 2021

Chicago
Marathon MHC, Wausau, Wisconsin; and Marathon Bancorp, Inc. (Bancorp) -- (1) to become a mutual bank holding company and a mid-tier stock bank holding company, respectively, by acquiring Marathon Bank (Bank), Wausau, in connection with the conversion of Bank from mutual to stock form and a minority stock issuance by Bancorp; and (2) for Bancorp to engage in extending credit and servicing loans.
-Approved, February 11, 2021

Boston
Northern Bancorp, Inc., Woburn, Massachusetts -- relief from certain commitments.
-Granted, February 9, 2021

Dallas
Texas Heritage Bancshares, Inc., Hondo, Texas -- to acquire Medina Community Bancshares, Inc., Hondo, and thereby indirectly acquire Community National Bank.
-Approved, February 12, 2021

Banks, State Member

Chicago
Ally Bank, Sandy, Utah -- to make certain public welfare investments (two requests).
-Approved, February 12, 2021

Change in Bank Control

Dallas
BOC Bank, McLean, Texas -- change in bank control of BOC Bank.
-Permitted, February 12, 2021

Kansas City
Lewellen National Corp., Lewellen, Nebraska -- change in bank control of Lewellen National Corp. and its subsidiary, Bank of Lewellen, Lewellen.
-Permitted, February 10, 2021

Chicago
Northstar Financial Group, Inc., Bad Axe, Michigan -- change in bank control of Northstar Financial Group, Inc., and its subsidiaries, Northstar Bank, Bad Axe, and West Michigan Community Bank, Hudsonville.
-Permitted, February 11, 2021

Minneapolis
Valley Premier Bank Employee Stock Ownership Plan & Trust (ESOP), Hawley, Minnesota -- change in bank control of ESOP.
-Permitted, February 5, 2021
(A/C)

Dallas
VBT Financial Corporation, San Antonio, Texas -- change in bank control of VBT Financial Corporation and its subsidiary, Vantage Bank Texas, San Antonio.
-Permitted, February 9, 2021

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, February 5, 2021
(A/C)

Supervision and Regulation

General Counsel
HSBC North America Holdings, Inc. (HSBC US), New York, New York -- application for approval of a proposed internal debt "conversion trigger" that would allow the Board to order the conversion of HSBC US's eligible long-term debt into common equity tier 1 capital, in accordance with the Board's total loss-absorbing capacity (TLAC) rule.
-Approved, February 8, 2021

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