Board of Governors of the Federal Reserve System

Lamar Bank and Trust Company, Lamar, Missouri -- to establish a branch at 514 West Fourth Street, Lockwood, Missouri.
Approved: November 14, 2024

Bridgewater Bancshares, Inc., Saint Louis Park, Minnesota -- request by Gerald Baack for relief from a commitment involving Bridgewater Bancshares, Inc.
Granted: November 13, 2024

Stearns Financial Services, Inc. Employee Stock Ownership Plan and Trust, Saint Cloud, Minnesota -- to acquire voting shares of Stearns Financial Services, Inc., Saint Cloud, Minnesota, and thereby indirectly acquire voting shares of Stearns Bank National Association, Saint Cloud, Minnesota, and Stearns Bank of Upsala, National Association, Upsala, Minnesota.
Approved: November 15, 2024

Brattleboro Savings & Loan Association, Brattleboro, Vermont -- to make certain public welfare investments (two requests).
Approved: November 12, 2024

Arbor Bancorp, Inc., Ann Arbor, Michigan -- William C. Martin 2024 Grantor Retained Annuity Trust, William C. Martin as trustee, both of Ann Arbor, Michigan, to join the Martin Family Control Group, a group acting in concert, to acquire voting shares of Arbor Bancorp, Inc., and thereby indirectly acquire voting shares of Bank of Ann Arbor, Ann Arbor, Michigan.
Permitted: November 15, 2024

Old O'Brien Banc Shares, Inc., Sutherland, Iowa -- the Johnson 2024 Dynasty Trust, Milwaukee, Wisconsin, Darin Johnson, Sutherland, Iowa, and Peter J. Wilder, Pewaukee, Wisconsin, as co-trustees, and Jenny Johnson, Sutherland, Iowa, as Grantor, and Jenny Johnson, Sutherland, Iowa, to join the Johnson Family Control Group, a group acting in concert, to acquire voting shares of Old O'Brien Banc Shares, Inc., and thereby indirectly acquire voting shares of Security State Bank, Sutherland, Iowa.
Permitted: November 15, 2024

Citizens Guaranty Financial Corporation, Irvine, Kentucky -- Larry T. Clark, Danville, Kentucky, as successor trustee of the John M. St. Clair, Jr. Trust dated January 16, 2006, to retain voting shares of Citizens Guaranty Financial Corporation and thereby indirectly retain voting shares of Citizens Guaranty Bank, Richmond, Kentucky.
Permitted: November 14, 2024

Texas Banc Financial Corp, Fort Worth, Texas -- the Amy K. Brown 2010 Trust, the Molly A. Knight 2010 Trust, the David A. Knight 2010 Trust, and the Patrick J Doss 2021 Trust, Billy Francis Knight, as trustee, all of Fort Worth, Texas; to become members of the Doss/Knight Family Group, a group acting in concert, to acquire voting shares of Texas Banc Financial Corp, Fort Worth, Texas, and thereby indirectly acquire voting shares of TexasBank, Brownwood, Texas.
Permitted: November 14, 2024

Stearns Financial Services, Inc., Saint Cloud, Minnesota -- Barrett Doss, Los Angeles, California, to join the Skalicky Family Group, a group acting in concert, to acquire voting shares of Stearns Financial Services, Inc., and thereby indirectly acquire voting shares of Stearns Bank National Association, Saint Cloud, Minnesota, and Stearns Bank of Upsala, National Association, Upsala, Minnesota.
Permitted: November 15, 2024

Cadence Bank, Tupelo, Mississippi -- to become a member of the Federal Reserve System.
Approved: November 13, 2024

Generations Bank, Rogers, Arkansas -- to become a member of the Federal Reserve System.
Approved: November 15, 2024

Regulation D (Reserve Requirements of Depository Institutions) -- annual indexing of reserve requirement exemption amount and low reserve tranche for 2025.
Approved: November 12, 2024

KeyCorp, Cleveland, Ohio -- to make certain capital distributions under the capital plan rule.
Approved: November 15, 2024

Stress Tests -- establishment of the as-of date for the global market shock component of the 2025 stress test.*
Approved: October 21, 2024
*Addition