Actions under delegated authority PDF

Actions taken during the week ending May 6, 2023

Bank Branches, Domestic
Kansas City

Local Bank (fka Bank of Cherokee County), Hulbert, Oklahoma -- to establish a branch at 100 South Kerr Boulevard, Sallisaw, Oklahoma, and to increase its investment in bank premises.
Approved: May 5, 2023

Local Bank (fka Bank of Cherokee County), Hulbert, Oklahoma -- to establish a branch at 240 East 3rd Street, Grove, Oklahoma, and to increase its investment in bank premises.
Approved: May 5, 2023

St. Louis

The Central Trust Bank, Jefferson City, Missouri -- to establish a branch at 3938 Rainbow Boulevard, Kansas City, Kansas.
Approved: May 3, 2023

Bank Holding Companies
Atlanta

Tandem Bancorp, Inc., Tucker, Georgia -- to become a bank holding company by acquiring outstanding shares of Tandem Bank, Tucker, Georgia.
Approved: May 4, 2023

Dallas

Western Commerce Bancshares of Carlsbad, Inc., Carlsbad, New Mexico -- to acquire Western Bancshares of Clovis, Inc., Carlsbad, New Mexico, and thereby indirectly acquire Western Bank of Clovis, Clovis, New Mexico.
Approved: May 5, 2023

Richmond

United Community Banks, Inc., Greenville, South Carolina -- to acquire First Miami Bancorp, Inc., South Miami, Florida, and thereby indirectly acquire First National Bank of South Miami, Miami, Florida.
Approved: May 1, 2023

Banks, State Member
Richmond

United Bank, Fairfax, Virginia -- to make a public welfare investment.
Approved: May 5, 2023

Secretary

First Financial Bank, Cincinnati, Ohio -- to make a public welfare investment. *
Approved: April 26, 2023
*Addition

Change in Bank Control
St. Louis

Bancorp of Okolona, Inc., Okolona, Mississippi -- the Steven M. Dalton 2012 Gift Trust Fund, Stephen M. Dalton, Jr., individually, and as trustee, all of Sugar Land, Texas; the Everett McCain Dalton 2012 Gift Trust Fund, Everett M. Dalton, individually, and as trustee, and William E. Dalton, Jr., all of Houston, Texas; Elizabeth McCain, Takoma Park, Maryland; James E. McCain, III, Summerfield, Florida; Marguerite M. Lloyd, individually, and as executor of the Estate of Sam Lloyd, both of Sewanne, Tennessee; and Reynolds McCain and Patricia McCain, both of Columbus, Mississippi; to join the McCain Dalton Family Group, a group acting in concert, to retain voting shares of Bancorp of Okolona, Inc., and thereby indirectly retain voting shares of BankOkolona, Okolona, Mississippi.
Permitted: May 2, 2023

Extensions of Time
Director, S&R

BOK Financial Corporation, Tulsa, Oklahoma -- extension of time to conform or divest a merchant banking investment. *
Granted: April 20, 2023
*Addition

Membership
St. Louis

RiverWind Bank, Augusta, Arkansas -- to become a member of the Federal Reserve System.
Approved: May 4, 2023

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Last Update: May 11, 2023