Actions under delegated authority PDF

Actions taken during the week ending September 7, 2024

Bank Branches, Domestic
Secretary

Bank of Buffalo, Buffalo, Kentucky -- to establish a branch at 2798 North Jackson Highway, Canmer, Kentucky.
Approved: September 3, 2024

St. Louis

Armor Bank, Forrest City, Arkansas -- to establish a branch at 16107 Chenal Parkway, Little Rock, Arkansas.
Approved: September 4, 2024

Bank Holding Companies
Chicago

AmeriNational Community Services, LLC, Albert Lea, Minnesota -- to become a bank holding company by acquiring all of the outstanding voting shares of Northwest Bancorporation of Illinois, Inc., and thereby indirectly acquiring First Bank and Trust Company of Illinois, both of Palatine, Illinois, and to engage in certain loan servicing, draw processing, loss mitigation, asset management, underwriting, and compliance monitoring activities pursuant to section 225.28 of Regulation Y, including sections 225.28(b)(1), (b)(2)(vi), and (b)(12)(ii).*
Approved: August 29, 2024
*Addition

Minneapolis

Bank Forward Employee Stock Ownership Plan and Trust, Fargo, North Dakota -- to acquire voting shares of Security State Bank Holding Company and thereby indirectly acquire voting shares of Bank Forward, both of Fargo, North Dakota.
Approved: September 4, 2024

Change in Bank Control
Kansas City

The Farmers Realty Company, Brush, Colorado -- Richard W. Robirds, Sterling, Colorado, as co-trustee with Farmers State Bank of Brush, Brush, Colorado, of the Testamentary Trust created by the Last Will and Testament of Alonzo Petteys, Deceased, Dated 8/21/1964, and the Robert A. Petteys Trust, to acquire voting shares of The Farmers Realty Company and thereby indirectly acquire shares of Equitable Savings and Loan Association, Sterling, Colorado. In addition, Judith A. Gunnon, Rochester, Minnesota, as trustee of the Judith A. Gunnon Trust; Carol J. Tomasini, Kittredge, Colorado; Julia A. Casto, Boxford, Massachusetts; Christian R. Gunnon, Maple Grove, Minnesota; John A. Gunnon, Rochester, Minnesota; Cynthia C. Sprenger, Auburn, Washington; Leslie Petteys, Huntington, West Virginia, as trustee of the Petteys Family Trust FBO Leslie Petteys, and Tom Petteys, Sheridan, Colorado, as trustee of the Petteys Family Trust FBO Tom Petteys, to retain shares of The Farmers Realty Company and join the Petteys Family Control Group.
Permitted: September 6, 2024

First Pioneer Bank Corp., Brush, Colorado -- Richard Robirds, Sterling, Colorado, as co-trustee with Farmers State Bank of Brush, Brush, Colorado, of the Testamentary Trust created by the Last Will and Testament of Alonzo Petteys, Deceased, Dated 8/21/1964, the Robert A. Petteys Trust, and the Alonzo & Anna Petteys Children's Trust FBO Robert A. Petteys, to acquire voting shares of First Pioneer Bank Corp. and thereby indirectly acquire voting shares of The Farmers State Bank of Brush, Brush, Colorado, and First Pioneer National Bank, Wray, Colorado. In addition, Judith A. Gunnon, Rochester, Minnesota, as trustee of the Judith A. Gunnon Trust; Carol J. Tomasini, Kittredge, Colorado; A. Donald Tomasini, Kittredge, Colorado; Julia A. Casto, Boxford, Massachusetts; Christian R. Gunnon, Maple Grove, Minnesota; John A. Gunnon, Rochester, Minnesota; Cynthia C. Sprenger, Auburn, Washington; Leslie Petteys, Huntington, West Virginia, as trustee of the Petteys Family Trust FBO of Leslie Petteys; and Tom Petteys, Sheridan, Colorado, as trustee of the Petteys Family Trust FBO Tom Petteys, to retain voting shares of First Pioneer Bank Corp. and join the Petteys Family Control Group.
Permitted: September 6, 2024

PBT Bancshares, Inc., McPherson, Kansas -- Andrew Hoffman Legacy Trust dated January 3, 2022, Peoples Bank and Trust Company as trustee, Wise & Reber L.C. as trust protector, Andrew Hoffman as voting beneficiary, all of McPherson, Kansas; Caleb Houghton Legacy Trust dated January 3, 2022, Peoples Bank and Trust Company as trustee, Wise & Reber L.C. as trust protector, Caleb Houghton as voting beneficiary, all of McPherson, Kansas; Hannah Nesbitt Legacy Trust dated January 3, 2022, Peoples Bank and Trust Company as trustee, Wise & Reber L.C. as trust protector, all of McPherson, Kansas, and Hannah Nesbitt, Andover, Kansas, as voting beneficiary; and Paige Moore Legacy Trust dated January 3, 2022, Peoples Bank and Trust Company as trustee, Wise & Reber L.C. as trust protector, all of McPherson, Kansas, and Paige Moore, Wichita, Kansas, as voting beneficiary; to join the Houghton Family Group, a group acting in concert, to retain the voting shares of PBT Bancshares, Inc., and thereby indirectly retain voting shares of Peoples Bank and Trust Company.
Permitted: September 6, 2024

Sundance Bankshares, Inc., Sundance, Wyoming -- Schloredt Family Revocable Trust and Jett Schloredt, as co-trustee with Dolly Schloredt, all of Sundance, Wyoming, to become members of the Richard Durfee Family Control Group, a group acting in concert, to acquire voting shares of Sundance Bankshares, Inc., and thereby indirectly acquire voting shares of Sundance State Bank, Sundance, Wyoming. Dolly Schloredt was previously permitted by the Federal Reserve System to control the voting shares of Sundance Bankshares, Inc., and Sundance State Bank.
Permitted: September 4, 2024

Minneapolis

215 Holding Co., Minneapolis, Minnesota -- Colleen Short Lucke, Edina, Minnesota; Kevin Short, Hudson, Wisconsin; and Elizabeth Short, University Heights, Ohio; each individually and as trustee of one or more Short family trusts; to retain voting shares of 215 Holding Co. (Company) and thereby indirectly retain voting shares of Liberty Financial Services, Inc., and Liberty National Bank, both of Sioux City, Iowa; First Farmers & Merchants National Bank, Luverne, Minnesota; First Farmers & Merchants National Bank, Fairmont, Minnesota; First Farmers & Merchants State Bank, Brownsdale, Minnesota; First Farmers & Merchants State Bank of Grand Meadow, Grand Meadow, Minnesota; and First Farmers & Merchants Bank, Cannon Falls, Minnesota (together, the Subsidiaries). Additionally, the Robert M. Short Revocable Trust, Minneapolis, Minnesota (trustees Brian Short, St. Paul, Minnesota; Marianne Short, St. Paul, Minnesota; and Colleen Short Lucke) to join the Short family shareholder group and to retain voting shares of Company and thereby indirectly retain voting shares of the Subsidiaries.
Permitted: September 6, 2024

International Operations
Secretary

Huntington National Bank, Columbus, Ohio -- notice under 12 CFR 211.9(f) for Huntington Bank International, Inc., Columbus, Ohio, to make an investment in Huntington Commercial Finance New Zealand, LTD, Auckland, New Zealand.
Reviewed and no objection: September 6, 2024

Back to Top
Last Update: September 12, 2024