Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
Actions under delegated authority PDF
Actions taken during the week ending September 21, 2024
Bank Holding Companies
Dallas
Integrity Bancorp, Inc., Houston, Texas -- to become a bank holding company by acquiring Integrity Bank SSB (in organization), Houston, Texas.
Approved: September 19, 2024
Kansas City
Antelope Bancshares, Inc., Elgin, Nebraska -- to engage in extending credit and servicing loans pursuant to section 225.28(b)(1) of Regulation Y.
Approved: September 18, 2024
Banner County Ban Corporation Employee Stock Ownership Plan and Trust, Harrisburg, Nebraska -- to acquire voting shares of Banner County Ban Corporation and thereby indirectly acquire additional voting shares of Banner Capital Bank, both of Harrisburg, Nebraska.
Approved: September 19, 2024
Banks, State Member
Atlanta
Regions Bank, Birmingham, Alabama -- to make a public welfare investment.
Approved: September 20, 2024
Change in Bank Control
New York
New York Community Bancorp, Inc., Hicksville, New York -- Liberty Strategic Capital (CEN) Holdings, LLC; Liberty 77 Fund L.P.; Liberty 77 Fund International L.P.; Liberty 77 Capital GenPar L.P.; Liberty 77 Capital UGP L.L.C.; Liberty 77 Capital L.P., as the investment manager of Liberty Strategic Capital (CEN) Holdings, LLC; Liberty 77 Capital Partners L.P., the general partner of Liberty 77 Capital L.P.; Liberty Capital L.L.C., the general partner of Liberty 77 Capital Partners L.P.; STM Partners LLC, which indirectly controls Liberty Strategic Capital (CEN) Holdings, LLC, and Liberty 77 Capital L.P.; The Steven T. Mnuchin Revocable Trust, Steven T. Mnuchin, as trustee, the President of STM Partners LLC, and managing partner of Liberty 77 Capital L.P., all of Washington, D.C.; The Steven Mnuchin Dynasty Trust I, Riverside, Connecticut; and The Steven Mnuchin 2007 Family Trust, Washington, Connecticut; each individually and to become members of the Liberty Control Group, a group acting in concert, to acquire voting shares of New York Community Bancorp, Inc., and thereby indirectly acquire voting shares of Flagstar Bank, National Association, Hicksville, New York. In addition, Charles Dowling, Riverside, Connecticut, as trustee of The Steven Mnuchin Dynasty Trust I, and Alan Mnuchin, Washington, Connecticut, as trustee of The Steven Mnuchin 2007 Family Trust, to acquire control of voting shares of New York Community Bancorp, Inc., as members of the Liberty Control Group.
Permitted: September 20, 2024
San Francisco
Montecito Bancorp, Santa Barbara, California -- Steven C. Zola, trustee of the MBC Trust u/a/d April 1, 2017, Santa Barbara, California; to become a member of a control group comprised of the MBC Trust, Santa Barbara, California; Michelle Konoske, Santa Barbara, California; and Joshua Rabinowitz, Santa Barbara, California; as trustees of the MBC Trust, to acquire voting shares of Montecito Bancorp and thereby indirectly acquire voting shares of Montecito Bank & Trust, Santa Barbara, California.
Permitted: September 19, 2024
St. Louis
Campbell Hill Bancshares, Inc., Campbell Hill, Illinois -- Gary D. Misselhorn Trust, Gary D. Misselhorn and Barbara A. Misselhorn as co-trustees, Gary D. Misselhorn, individually, all of Campbell Hill, Illinois; Hilary Sternberg, Redbud, Illinois; and Clint E. Misselhorn, Carterville, Illinois; to establish the Misselhorn Family Control Group, a group acting in concert, to retain voting shares of Campbell Hill Bancshares, Inc., and thereby indirectly retain voting shares of First State Bank of Campbell Hill, Campbell Hill, Illinois.
Permitted: September 18, 2024
Membership
Dallas
Integrity Bank SSB (a de novo savings bank), Houston, Texas -- to become a member of the Federal Reserve System.
Approved: September 19, 2024