Actions under delegated authority PDF

Actions taken during the week ending July 13, 2024

Updated: July 19, 2024
Bank Branches, Domestic
Atlanta

Regions Bank, Birmingham, Alabama -- to establish a mobile branch in the following counties in Tennessee: Davidson, Rutherford, Sumner, Williamson, and Wilson.
Approved: July 12, 2024

Chicago

Chelsea State Bank, Chelsea, Michigan -- to establish a branch at 611 North Wisner Street, Jackson, Michigan.
Approved: July 9, 2024

Dallas

Texas Regional Bank, Harlingen, Texas -- to establish a branch at 1306 Spacek Road, Rosenberg, Texas.
Approved: July 9, 2024

Kansas City

Ameristate Bank, Atoka, Oklahoma -- to establish a branch at 695 FM Road 120, Pottsboro, Texas.
Approved: July 12, 2024

New York

Dime Community Bank, Bridgehampton, New York -- to establish a branch at 55 Church Street, White Plains, New York.
Approved: July 9, 2024

Bank Holding Companies
Kansas City

West 4 Bancshares, Inc., Healy, Kansas -- to become a bank holding company by acquiring First State Bank, Healy, Kansas.
Approved: July 8, 2024

Richmond

Capital Bancorp, Inc., Rockville, Maryland -- to acquire Integrated Financial Holdings, Inc., Raleigh, North Carolina, and thereby indirectly acquire West Town Bank & Trust, North Riverside, Illinois. In addition, Capital Bancorp, Inc., will engage in loan servicing and data processing activities.
Approved: July 9, 2024

Banks, State Member
San Francisco

Western Alliance Bank, Phoenix, Arizona -- to make a public welfare investment.
Approved: July 12, 2024

Change in Bank Control
Atlanta

Heart of Georgia Bancshares, Inc., Vidalia, Georgia -- D. Alan Thigpen, Vidalia, Georgia, an existing member of the Thigpen Family Group, to retain voting shares of Heart of Georgia Bancshares, Inc., and thereby indirectly retain voting shares of Mount Vernon Bank, Mount Vernon, Georgia, and Bank of Lumber City, Lumber City, Georgia.
Permitted: July 12, 2024

Minneapolis

Commercial Holding Company, Wagner, South Dakota -- the Jill M. Frei Family Trust, Dakota Dunes, South Dakota, to join the Frei Family Group, a group acting in concert, to retain voting shares of Commercial Holding Company and thereby indirectly retain voting shares of Commercial State Bank of Wagner, Wagner, South Dakota.
Permitted: July 10, 2024

Philadelphia

Blue Ridge Bankshares, Inc., Richmond, Virginia -- Castle Creek Capital Partners VIII, LP; Castle Creek Capital VIII LLC; Castle Creek Advisors VIII LLC; Castle Creek Special Situations II, LP; Castle Creek Special Situations II GP, LLC; Castle Creek Advisors IV LLC; JME Advisory Corp.; Scavuzzo Advisory Corp.; Volk Advisory Corp.; and Rana Advisory Corp., all of San Diego, California; John Eggemeyer, Rancho Santa Fe, California; Anthony Scavuzzo, Dallas, Texas; David Volk, San Diego, California; and Sundeep Rana, Dallas, Texas; a group acting in concert, to acquire additional voting shares of Blue Ridge Bankshares, Inc., and thereby indirectly acquire voting shares of Blue Ridge Bank, National Association, Martinsville, Virginia.
Permitted: July 11, 2024

Regulations and Policies
General Counsel

Bank Term Funding Program -- report to Congress under section 13(3) of the Federal Reserve Act.
Approved: July 9, 2024

Lending and Liquidity Facilities -- report to Congress under section 13(3) of the Federal Reserve Act in response to COVID-19.
Approved: July 9, 2024

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Last Update: July 19, 2024