Actions under delegated authority PDF

Actions taken during the week ending April 1, 2023

Bank Branches, Domestic
Dallas

Texas Regional Bank, Harlingen, Texas -- to establish a branch at 2025 West Southlake Boulevard, Southlake, Texas.
Approved: March 28, 2023

Texas Regional Bank, Harlingen, Texas -- to establish a branch at 18460 Blanco Road, San Antonio, Texas.
Approved: March 28, 2023

Kansas City

Grand Bank, Tulsa, Oklahoma -- to establish a branch at 1300 Post Oak Boulevard, Houston, Texas.
Approved: March 28, 2023

Richmond

Benchmark Community Bank, Kenbridge, Virginia -- to establish a branch at 3619 Rogers Road, Wake Forest, North Carolina, and to increase its investment in bank premises.
Approved: March 29, 2023

Chesapeake Bank, Kilmarnock, Virginia -- to establish a branch at 1600 Westbrook Avenue, Richmond, Virginia.
Approved: March 30, 2023

Bank Holding Companies
Atlanta

Synovus Financial Corp., Columbus, Georgia -- to acquire Qualpay, Inc., San Mateo, California, indirectly through Synovus Bank, Columbus, Georgia, and thereby engage in data processing activities.
Approved: March 30, 2023

Chicago

FSB Holdings, Inc., Auburn Hills, Michigan -- to become a bank holding company by acquiring Freeland State Bank, Freeland, Michigan.
Withdrawn: March 27, 2023

Secretary

Citizens Financial Services, Inc., Mansfield, Pennsylvania -- waiver of application to acquire HV Bancorp, Inc., and Huntingdon Valley Bank, both of Huntingdon Valley, Pennsylvania, in connection with the merger of Huntingdon Valley Bank with and into First Citizens Community Bank, Mansfield, Pennsylvania.
Granted: March 30, 2023

Bank Mergers
Secretary

First Citizens Community Bank, Mansfield, Pennsylvania -- to merge with Huntingdon Valley Bank (HVB), Huntingdon Valley, Pennsylvania, and establish branches at the locations of the main office and at branches of HVB.
Approved: March 30, 2023

Banks, State Member
New York

Goldman Sachs Bank USA, New York, New York -- to make a public welfare investment.
Approved: March 31, 2023

Change in Bank Control
Chicago

Bippus State Corporation, Huntington, Indiana -- Jan Deemer, Carmel, Indiana, and Don Deemer and Lois Deemer, both of Warren, Indiana, to form the Deemer Family Control Group, a group acting in concert, and Jay Diefenbaugh, Cashton, Wisconsin, Lee Diefenbaugh, North Manchester, Indiana, and Sue Sell, Huntington, Indiana, to form the Diefenbaugh Family Control Group, a group acting in concert, to retain shares of Bippus State Corporation and thereby control The Bippus State Bank, Huntington, Indiana.
Permitted: March 27, 2023

Geneva Bancshares, Inc., Geneva, Illinois -- the A. Gregg Nelson Family Trust u/a/d March 12, 2020, Geneva, Illinois, Joy A. Nelson, Geneva, Illinois, as trustee, Timothy Nelson, Geneva, Illinois, as special asset manager; the A. Gregg Nelson Marital Trust GST Exempt Trust u/a/d March 12, 2020, Geneva, Illinois, Joy A. Nelson, Geneva, Illinois, as trustee, Timothy Nelson, Geneva, Illinois, as special asset manager; the Joy A. Nelson Trust dated March 12, 2020, Geneva, Illinois, Joy A. Nelson, Geneva, Illinois, as trustee; Timothy Nelson, Geneva, Illinois, individually; Thomas Nelson, Geneva, Illinois; Richard Razum, Geneva, Illinois; Jamie Razum, individually and as custodian for a minor child; Brad Wendell, Geneva, Illinois; and Kristina Wendell, Geneva, Illinois, individually and as custodian for a minor, to join the Nelson Family Control Group, a group acting in concert, to retain voting shares of Geneva Bancshares, Inc., and thereby indirectly retain voting shares of The State Bank of Geneva, Geneva, Illinois
Permitted: March 30, 2023

Mauston Bancorp, Inc., La Crosse, Wisconsin -- Kari L. Schmidt Field, Mauston, Wisconsin, as trustee of the Kari L. Schmidt 2021 Irrevocable Grantor Trust, Mauston, Wisconsin, the Kari L. Schmidt Trust, Mauston, Wisconsin, and the Kari Schmidt QTIP Marital Trust, Madison, Wisconsin, Molly K. Scully, Lyndon Station, Wisconsin, individually and as co-trustee of the Molly K. Scully Qualified Subchapter S Trust, Madison, Wisconsin, Justin K. Walsh, New Lisbon, Wisconsin, individually and as co-trustee of the Justin K. Walsh Qualified Subchapter S Trust, Madison, Wisconsin, Matthew P. Walsh, Woodbury, Minnesota, individually and as co-trustee of the Matthew P. Walsh Qualified Subchapter S Trust, Madison, Wisconsin, and Wealth Enhancement Trust Services, LLC, Madison, Wisconsin, as trustee of the Kari Schmidt QTIP Marital Trust, Madison, Wisconsin, co-trustee of the Molly K. Scully Qualified Subchapter S Trust, Madison, Wisconsin, co-trustee of the Justin K. Walsh Qualified Subchapter S Trust, Madison, Wisconsin, and co-trustee of the Matthew P. Walsh Qualified Subchapter S Trust, Madison, Wisconsin, as a group acting in concert, to join the Kari L. Schmidt Field Family Control Group and retain voting shares of Mauston Bancorp, Inc., and thereby indirectly acquire voting shares of Bank of Mauston, Mauston, Wisconsin.
Permitted: March 27, 2023

Dallas

Jacksboro National Bancshares, Inc., Jacksboro, Texas -- the Rumage Family Trust FBO Christopher Blain Rumage, Jacksboro, Texas, C. Blain Rumage, Jacksboro, Texas, trustee, Carl A. Ritchlin, Arlington, Texas, trust protector, and Christy M. Peveto, Fort Worth, Texas, special trustee; and The Rumage Family Trust FBO William Wakley Rumage, Gunter, Texas, William W. Rumage, Gunter, Texas, trustee, Carl A. Ritchlin, Arlington, Texas, trust protector, and Christy M. Peveto, Fort Worth, Texas, special trustee; to join the Voting Trust Control Group, a previously approved group acting in concert, to retain voting shares of Jacksboro National Bancshares, Inc., and indirectly retain voting shares of Jacksboro National Bank, Jacksboro, Texas.
Permitted: March 28, 2023

Kansas City

CFSB Holding Co., Broken Bow, Nebraska -- Charles McGinn, Anselmo, Nebraska; to acquire voting shares of CFSB Holding Co. and thereby indirectly acquire voting shares of Custer Federal State Bank, Broken Bow, Nebraska.
Permitted: March 31, 2023

Richmond

Putnam Bancshares, Inc., Hurricane, West Virginia -- Walter T. Hayslett, individually, together with Susan Hayslett, both of Hurricane, West Virginia, and Roger T. Hayslett, Milton, West Virginia, as a group acting in concert, to retain voting shares of Putnam Bancshares, Inc., and thereby indirectly acquire Putnam County Bank, Hurricane, West Virginia.
Permitted: March 28, 2023

San Francisco

Mountain Pacific Bancorp, Inc., Everett, Washington -- Daniel J. Pedack Revocable Trust, Daniel J. Pedack, Trustee, Bonney Lake, Washington; David F. Pedack Revocable Trust, David F. Pedack, Trustee, Seattle, Washington; Eric S. Pedack Revocable Trust, Eric S. Pedack, Trustee, Edmonds, Washington; and John A. Pedack, Revocable Trust, John A. Pedack, Trustee, Everett, Washington; to join the Pedack Family Control Group, a group acting in concert, and to acquire voting shares of Mountain Pacific Bancorp, Inc., and thereby indirectly acquire voting shares of Mountain Pacific Bank, Everett, Washington.
Permitted: March 31, 2023

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Last Update: April 06, 2023