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 March 14, 2020


Bank Branches, Domestic

St. Louis
Triumph Bank, Memphis, Tennessee -- to establish a branch at 33 Music Square West, Nashville.
-Returned, March 11, 2020

Bank Holding Companies

Minneapolis
Citizens Bancorporation of New Ulm, Inc., New Ulm, Minnesota -- to acquire Farmers State Agency of Watkins, Inc., Watkins.
-Approved, March 10, 2020

St. Louis
New London Bancshares, Inc., New London, Missouri -- to acquire through merger Saints Avenue Bancshares, Inc., St. Charles.
-Approved, March 12, 2020

Richmond
UB Bancorp, Greenville, North Carolina -- to become a bank holding company through the acquisition of Union Bank, Greenville.
-Approved, March 13, 2020

Secretary
United Bankshares, Inc., Charleston, West Virginia -- waiver of application to acquire Carolina Financial Corporation, Charleston, South Carolina, and CresCom Bank, in connection with the merger of CresCom Bank with and into United Bank, Fairfax, Virginia.
-Granted, March 12, 2020

Bank Mergers

Secretary
United Bank, Fairfax, Virginia -- to merge with CresCom Bank (CresCom), Charleston, South Carolina, and establish branches at the locations of CresCom's main office and branches.
-Approved, March 12, 2020

Banks, State Member

San Francisco
Western Alliance Bank, Phoenix, Arizona -- to make certain public welfare investments.
-Approved, March 13, 2020

Change in Bank Control

Kansas City
Financial Security Corporation, Basin, Wyoming -- to retain control of Financial Security Corporation and its subsidiary, Security State Bank, Basin.
-Permitted, March 12, 2020

Kansas City
First Howard Bankshares, Inc., Cherryvale, Kansas -- change in bank control of First Howard Bankshares, Inc., and its subsidiary, Peoples State Bank, Cherryvale.
-Permitted, March 10, 2020

San Francisco
Riverview Financial Corporation, Harrisburg, Pennsylvania -- change in bank control of Riverview Financial Corporation and its subsidiary, Riverview Bank, Marysville.
-Permitted, March 13, 2020

Kansas City
Security Bancshares, Inc., Scott City, Kansas -- to retain control of Security Bancshares, Inc., and its subsidiaries, Farmers & Merchants Bank of Colby, Colby; Security State Bank, Scott City; and The Farmers State Bank of Oakley, Oakley.
-Permitted, March 13, 2020

Minneapolis
Stearns Financial Services, Inc., St. Cloud, Minnesota -- to retain control of Stearns Financial Services, Inc., and its subsidiaries, Stearns Bank National Association, St. Cloud; Stearns Bank of Holdingford, National Association, Holdingford; and Stearns Bank of Upsala, National Association, Upsala.
-Permitted, March 13, 2020

Chicago
United Bank Financial Corporation, Grand Rapids, Michigan -- change in bank control of United Bank Financial Corporation and its subsidiary, United Bank of Michigan, Grand Rapids.
-Permitted, March 13, 2020

Extensions of Time

Boston
Bridgewater Savings Bank, Raynham, Massachusetts -- extension to July 31, 2020, to merge with Mansfield Co-operative Bank, Mansfield, and acquire branches in Mansfield, Norton, Plainville, and West Bridgewater.
-Granted, March 12, 2020

Richmond
Sandy Spring Bank, Olney, Maryland -- extension to April 11, 2020, to merge with Revere Bank, Rockville.
-Granted, March 10, 2020

Savings and Loan Holding Companies

General Counsel
Centreville Bank, West Warwick, Rhode Island -- waiver of application to acquire PB Bancorp, Inc., Putnam, Connecticut, in connection with the acquisition of Putnam Bank.
-Granted, March 11, 2020

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