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 March 12, 2022


Bank Branches, Domestic

St. Louis
The Bank of Advance, Advance, Missouri -- to establish a branch at 120 South Prairie Street, Bloomfield, Missouri.
-Approved, March 9, 2022

St. Louis
First Bank, Creve Coeur, Missouri -- to establish a branch at 13641 Central Avenue, Chino, California.
-Approved, March 9, 2022

Chicago
Isabella Bank, Mount Pleasant, Michigan -- to establish a branch at 5705 State Street, Saginaw, Michigan.
-Approved, March 7, 2022

Secretary
Synovus Bank, Columbus, Georgia -- to establish a branch at 4499 Weston Road, Weston, Florida.
-Approved, March 9, 2022

Chicago
West Michigan Community Bank, Hudsonville, Michigan -- to establish a branch at 51 Ionia Avenue SW, Grand Rapids, Michigan.
-Approved, March 10, 2022

Bank Holding Companies

Chicago
CNB Holdings, Inc., Monmouth, Illinois -- to become a bank holding company by acquiring Community National Bank in Monmouth, Monmouth, Illinois.
-Approved, March 10, 2022

Kansas City
FirstSun Capital Bancorp, Denver, Colorado -- to merge with Pioneer Bancshares, Inc., and thereby indirectly acquire Pioneer Bank, SSB, both of Austin, Texas.
-Approved, March 7, 2022

Kansas City
Vintage Bancorp, Inc., Wichita, Kansas -- waiver of application to indirectly acquire Ramona Bankshares, Inc., Hillsboro, Kansas, through its subsidiary, Vintage Bank Kansas, Leon, Kansas, in connection with the merger of Hillsboro State Bank, Hillsboro, Kansas, with and into Vintage Bank Kansas.
-Granted, March 3, 2022
(A/C)

Bank Mergers

Minneapolis
Opportunity Bank of Montana, Helena, Montana -- to merge with First Community Bank, Glasgow, Montana, and thereby establish branches.
-Approved, March 10, 2022

Banks, State Member

Secretary
The Northern Trust Company, Chicago, Illinois -- to make a public welfare investment.
-Approved, March 7, 2022

Change in Bank Control

Chicago
BTC Financial Corporation, Des Moines, Iowa -- John Ruan IV, Des Moines, Iowa; James H. Windsor IV, Chicago, Illinois; and Jonathan Hale Hoak, Dallas, Texas; to join Thomas R. Schaefer, Stuart, Florida, as members of the Family Business Advisory Board for The Ruan Trust and The Ruan BTC Trust, both of Des Moines, Iowa, John Ruan IV, as trustee of both trusts, as a group acting in concert to retain voting shares of BTC Financial Corporation, and thereby indirectly retain voting shares of Bankers Trust Company, Des Moines, Iowa.
-Permitted, March 7, 2022

Minneapolis
Dorset Bancshares, Inc., Park Rapids, Minnesota -- Scott D. Hewitt to acquire voting shares of Dorset Bancshares, Inc., and its subsidiary, Northwoods Bank of Minnesota, Park Rapids, Minnesota.
-Permitted, March 10, 2022

Chicago
HTB, Inc., Osage, Iowa -- Jere M. Ahrens, Houston, Texas, individually, and acting in concert with Karen L. Ahrens, North Fort Myers, Florida; Jessica A. Ahrens Bingaman, Fort Worth, Texas; Jill A. Ahrens, Houston, Texas; Lindsay S. Ahrens Dahl, Camp Crook, South Dakota; Jenna K. Ahrens Brown, Laramie, Wyoming; Becky C. Campbell, Houston, Texas; and Brian E. Campbell, San Diego, California, to join the Ahrens Family Control Group and retain voting shares of HTB, Inc., and thereby retain voting shares of Home Trust & Savings Bank, Osage, Iowa.
-Permitted, March 10, 2022

Minneapolis
Northern Wisconsin Bank Holding Company, Inc., Laona, Wisconsin -- the Revised and Restated Connor Family Voting Trust (Trust) and Richard M. Connor, Jr., Brian Luc Connor, and Susan J. Connor, each as trustee, to acquire shares of Northern Wisconsin Bank Holding Company, Inc., and thereby indirectly acquire Laona State Bank, Laona, Wisconsin. Additionally, the Trust and Richard M. Connor, Jr., Brian Luc Connor, and Susan J. Connor, as trustees, to join the Connor family shareholder group acting in concert.
-Permitted, March 10, 2022

Extensions of Time

Kansas City
Bern Bancshares, Inc., Bern, Kansas -- extension to June 8, 2022, to acquire additional shares of UBT Bancshares, Inc., and thereby indirectly acquire United Bank & Trust, both of Marysville, Kansas.
-Granted, March 8, 2022

Financial Holding Companies

Boston
Franklin Bancorp MHC, Franklin, New Hampshire -- election to become a financial holding company.
-Effective, March 7, 2022

International Operations

Richmond
Bank of America, National Association, Charlotte, North Carolina -- to extend the corporate existence of its Edge corporation subsidiary, BankAmerica International Financial Corporation, San Francisco, California.
-Approved, March 4, 2022
(A/C)

Membership

Boston
Bank of New Hampshire, Laconia, New Hampshire -- to become a member of the Federal Reserve System.
-Approved, March 11, 2022

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, March 9, 2022

Supervision and Regulation

Director, S&R
Huntington Bancshares, Inc., Columbus, Ohio -- request regarding the treatment of certain structural positions in a foreign currency under the Board's capital rule.
-Granted, March 9, 2022

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