Actions taken by the Federal Reserve Bank of New York under delegated authority

Bank Branches, Domestic
Orange Bank and Trust Company, Middletown, New York -- to establish a branch at 3485 East Tremont Avenue, Bronx, New York.
- Approved, October 4, 2024
Dime Community Bank, Bridgehampton, New York -- to establish a branch at 390 Berry Street, Brooklyn, New York.
- Approved, August 23, 2024
Solvay Bank, Syracuse, New York -- to establish a branch at 4256 James Street, Syracuse, New York.
- Approved, August 15, 2024
Dime Community Bank, Bridgehampton, New York -- to establish a branch at 55 Church Street, White Plains, New York.
- Approved, July 9, 2024
Bank of Millbrook, Millbrook, New York -- to establish a branch at 110 Route 44, Millerton, New York.
- Approved, June 18, 2024
Bank Holding Companies
Hanover Bancorp, Inc., Mineola, New York (a Maryland corporation) -- to become a bank holding company by acquiring Hanover Bancorp, Inc., Mineola, New York (a New York corporation), and thereby indirectly acquiring Hanover Community Bank, Garden City Park, New York.
- Approved, July 5, 2024
Helios Bancorp, Inc., New York, New York -- to become a bank holding company by acquiring Alpine Capital Bank, New York, New York.
- Approved, March 28, 2024
Bank Premises
Bank of Millbrook, Millbrook, New York -- to increase its investment in bank premises.
- Approved, June 18, 2024
Change In Bank Control
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
Extensions Of Time
The Adirondack Trust Company Employee Stock Ownership Trust, Saratoga Springs, New York -- one-year extension of time to acquire additional shares of The Adirondack Trust Company and of 473 Broadway Holding Corporation, both of Saratoga Springs, New York.
- Granted, October 31, 2024
Banks, State Member
Manufacturers and Traders Trust Company, Buffalo, New York -- to make a public welfare investment.
- Withdrawn, October 29, 2024
Goldman Sachs Bank USA, New York, New York -- to make a public welfare investment.
- Approved, June 13, 2024
Goldman Sachs Bank USA, New York, New York -- to make a public welfare investment.
- Approved, June 12, 2024
Goldman Sachs Bank USA, New York, New York -- to make a public welfare investment.
- Approved, April 30, 2024
Goldman Sachs Bank USA, New York, New York -- to make a public welfare investment (two requests).
- Approved, April 4, 2024
Goldman Sachs Bank USA, New York, New York -- to make a public welfare investment.
- Approved, March 12, 2024
Goldman Sachs Bank USA, New York, New York -- to make a public welfare investment.
- Approved, February 12, 2024
Goldman Sachs Bank USA, New York, New York -- to make a public welfare investment.
- Approved, February 7, 2024
Goldman Sachs Bank USA, New York, New York -- to make two public welfare investments.
- Approved, January 22, 2024

Last Update: November 29, 2024