FRB: H.2--Actions under delegated authority--Week ending September 19, 2020

ANB Bank, Denver, Colorado -- to establish a branch at 8088 East Union Avenue, Denver.
-Approved, September 16, 2020

Farmers Bank & Trust Company, Magnolia, Arkansas -- to establish a branch at 3345 Highway 5 North, Bryant.
-Approved, September 18, 2020

First Citizens Community Bank, Mansfield, Pennsylvania -- to establish a branch at 741 West Cypress Street, Kennett Square.
-Approved, September 16, 2020

Popular Bank, New York, New York -- to establish a branch at 3457 North University Drive, Sunrise, Florida.
-Approved, September 18, 2020

United Bank & Trust, Marysville, Kansas -- to establish a branch at 221 North 4th Street, Manhattan.
-Approved, September 18, 2020

United Bank, Fairfax, Virginia -- to establish a branch at 1100 Connecticut Avenue, NW, Washington, D.C.
-Approved, September 16, 2020

Bank Holding Companies

BCI Financial Group, Inc., Miami, Florida; Empresas Juan Yarur SpA, Santiago, Chile; and Banco de Credito e Inversiones S.A. -- to acquire Executive National Bank, Miami, Florida.
-Approved, September 17, 2020

Carter Bankshares, Inc., Martinsville, Virginia -- to become a bank holding company by acquiring Carter Bank & Trust, Martinsville.
-Approved, September 17, 2020

Bank Mergers

Whitaker Bank, Inc., Lexington, Kentucky -- to merge with Peoples Bank & Trust Company of Madison County, Berea, and thereby establish branches.
-Approved, September 14, 2020

Banks, State Member

Silicon Valley Bank, Santa Clara, California -- to make a public welfare investment.
-Approved, September 16, 2020

Extensions of Time

Commerce Bank, Kansas City, Missouri -- extension to December 12, 2020, to establish a branch at 2828 North Harwood Street, Dallas, Texas.
-Granted, September 15, 2020

Grand River Bank, Grandville, Michigan -- extension to December 14, 2020, to establish a branch at 50 Crahen Avenue, NE, Grand Rapids.
-Granted, September 17, 2020

Morgan Stanley, New York, New York -- extension of time to dispose of certain real estate and loan assets.
-Granted, September 16, 2020

Membership

Huron National Bank, Rogers City, Michigan -- to retain membership in the Federal Reserve System on conversion to a state-chartered bank (to be known as Huron State Bank).
-Approved, September 16, 2020

Supervision and Regulation

Capital One Financial Corporation, McLean, Virginia -- to make additional capital distributions in the third quarter of 2020.
-Approved, September 16, 2020

Citizens Financial Group, Inc., Boston, Massachusetts -- to make additional capital distributions in the third quarter of 2020.
-Approved, September 18, 2020

Director, S&R, and Director, Financial Stability

Stress tests -- publication of supervisory scenarios for the resubmission of capital plans in the fourth quarter of 2020.
-Approved, September 17, 2020

Actions under delegated authority

Actions taken during the week ending September 19, 2020