Board Actions

Actions taken during the week ending January 29, 2022

Advisory Councils

Community Depository Institutions Advisory Council -- members and designation of David R. Melville III as president and Jean M. Vidoni as vice president for 2022.
-Announced, January 28, 2022

Bank Holding Companies

Banco Santander, S.A., Madrid, Spain, and Santander Holdings USA, Inc., Boston, Massachusetts -- to acquire additional shares of Santander Consumer USA Holdings, Inc., Dallas, Texas.
-Approved, January 26, 2022

Old National Bancorp, Evansville, Indiana -- to acquire First Midwest Bancorp, Inc., and thereby indirectly acquire First Midwest Bank, both of Chicago, Illinois.
-Approved, January 26, 2022

Supervision and Regulation

Framework for the Supervision of Insurance Organizations -- publication of, and request for comment on, proposed guidance to implement a supervisory framework for depository institution holding companies significantly engaged in insurance activities.
-Approved, January 26, 2022

Enforcement

Cecil Bank, Elkton, Maryland -- consent order of prohibition against Denise Calder, a former institution-affiliated party.
-Announced, January 27, 2022