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 May 9, 2020


Bank Holding Companies

Director, S&R
Golden Plains Bankshares, Inc., Phillipsburg, Kansas -- relief from a commitment.
-Granted, May 5, 2020

Minneapolis
L1 Holding Corporation, Minneapolis, Minnesota -- (1) to become a bank holding company by acquiring Eagle Community Bank, Maple Grove; and (2) to engage in mortgage lending activities by acquiring LeaderOne Financial Corporation, Overland Park, Kansas.
-Withdrawn, May 7, 2020

San Francisco
Lewis & Clark Bancorp, Oregon City, Oregon -- to become a bank holding company by acquiring Lewis & Clark Bank, Oregon City.
-Approved, May 5, 2020

Minneapolis
Stearns Financial Services, Inc., Employee Stock Ownership Plan, Saint Cloud, Minnesota -- to acquire additional shares of Stearns Financial Services, Inc., Saint Cloud, and thereby indirectly increase its control of Stearns Bank National Association; Stearns Bank of Upsala, National Association, Upsala; and Stearns Bank of Holdingford, National Association, Holdingford.
-Approved, May 6, 2020

Director, S&R
Truist Financial Corporation, Charlotte, North Carolina, and Truist Bank -- modification of certain commitments.
-Granted, May 5, 2020

Change in Bank Control

Kansas City
AMG National Corp., Greenwood Village, Colorado -- to retain control of AMG National Corp. and its subsidiary, AMG National Trust Bank, Boulder.
-Permitted, May 8, 2020

Richmond
The Freedom Bank of Virginia, Fairfax, Virginia -- change in bank control of The Freedom Bank of Virginia.
-Permitted, May 6, 2020

International Operations

Boston
State Street Bank and Trust Company, Boston, Massachusetts; and State Street International Holdings (SSIH) -- prior notice to make an investment in State Street Global Markets International Limited, a subsidiary of SSIH, pursuant to Regulation K.
-No Objection, May 8, 2020

Membership

Richmond
Grundy National Bank (to be known as Legacy Bank), Grundy, Virginia -- to become a member of the Federal Reserve System.
-Approved, May 4, 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