Release dates | Full version (300 KB PDF)
Board Actions | Actions under delegated authority
Applications and reports received:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco

Actions under delegated authority

Actions taken during the week ending April 15, 2017


Bank Branches, Domestic

Minneapolis
Frandsen Bank & Trust, Lonsdale, Minnesota -- to establish a branch at 404 West Superior Street, Duluth.
-Approved, April 12, 2017

Atlanta
SunTrust Bank, Atlanta, Georgia -- to establish a branch at 6723 Fox Centre Parkway, Gloucester, Virginia.
-Approved, April 11, 2017

Richmond
Uwharrie Bank, Albemarle, North Carolina -- to establish a branch at 5231 Piper Station Drive, Charlotte, and to increase its investment in bank premises.
-Approved, April 10, 2017

Bank Holding Companies

Director, S&R
Educational Services of America, Inc., Knoxville, Tennessee, and Educational Funding of the South, Inc. -- limited relief from certain commitments.
-Granted, April 14, 2017

General Counsel
First Merchants Corporation, Muncie, Indiana -- waiver of application to acquire Independent Alliance Banks, Inc., Fort Wayne, in connection with the merger of their subsidiaries, iAB Financial Bank with and into First Merchants Bank, Muncie.
-Granted, April 14, 2017

General Counsel
FNS Bancshares, Inc., Scottsboro, Alabama -- waiver of application to acquire Commerce Bancshares, Inc., Nolensville, Tennessee, in connection with the merger of their subsidiaries, Peoples State Bank of Commerce with and into FNB Bank, Scottsboro.
-Granted, April 12, 2017

St. Louis
Southern Missouri Bancorp, Inc., Poplar Bluff, Missouri -- to merge with Tammcorp, Inc., Tamms, Illinois, and thereby indirectly acquire Capaha Bank, S.B.; and for Southern Bank, Poplar Bluff, to merge with Capaha Bank, S.B., Tamms, and to retain the acquired facilities as branches.
-Approved, April 12, 2017

General Counsel
Sun Bancorp, Inc., Mount Laurel, New Jersey -- request for an exemption under the Depository Institution Management Interlocks Act and Regulation L.
-Granted, April 14, 2017

Bank Premises

New York
Orange Bank & Trust Company, Middletown, New York -- to increase its investment in bank premises in connection with the relocation of a branch.
-Approved, April 14, 2017

Banks, Nonmember, and Miscellaneous Institutions

Director, S&R
Jacobs Asset Management, LLC, New York, New York, et al. -- relief from certain commitments.
-Granted, April 10, 2017

Banks, State Member

Director, S&R
Western Alliance Bank, Phoenix, Arizona -- to make a public welfare investment through its subsidiary, WA PWI, LLC, Phoenix.
-Approved, April 10, 2017

Change in Bank Control

Chicago
Citizens Bancshares, Inc., Walnut, Illinois -- change in bank control of Citizens Bancshares, Inc., and its subsidiary, Citizens First State Bank of Walnut, Walnut.
-Permitted, April 13, 2017

Dallas
Coushatta Bancshares, Inc., Coushatta, Louisiana -- to retain control of Coushatta Bancshares, Inc., and its subsidiary, Bank of Coushatta, Coushatta.
-Permitted, April 13, 2017

San Francisco
First Financial Northwest, Inc., Renton, Washington -- change in bank control of First Financial Northwest, Inc., and its subsidiary, First Financial Northwest Bank, Renton.
-Permitted, April 13, 2017

Minneapolis
Lake Elmo Bancshares, Inc., Lake Elmo, Minnesota -- to retain control of Lake Elmo Bancshares, Inc., and its subsidiary, Lake Elmo Bank, Lake Elmo.
-Permitted, April 10, 2017

San Francisco
Wells Fargo & Company, San Francisco, California -- change in bank control of Wells Fargo & Company and its subsidiary banks.
-Withdrawn, April 11, 2017

Extensions of Time

New York
The Adirondack Trust Company Employee Stock Ownership Trust, Saratoga Springs, New York -- extension to June 19, 2017, to acquire additional shares of 473 Broadway Holding Corporation, Saratoga Springs, and of The Adirondack Trust Company.
-Granted, April 14, 2017

International Operations

New York
The Bank of New York Mellon, New York, New York -- to make an investment under Regulation K.
-Approved, April 13, 2017

Release dates | Full version (300 KB PDF)
Board Actions | Actions under delegated authority
Applications and reports received:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco