Board Actions

Actions taken during the week ending February 19, 2022

Bank Holding Companies

Stock Yards Bancorp, Inc., Louisville, Kentucky -- to acquire Commonwealth Bancshares, Inc., and thereby indirectly acquire Commonwealth Bank and Trust Company, both of Louisville, Kentucky.
-Approved, February 16, 2022

Forms

Forms -- initial Board review to extend with revision the Capital Assessments and Stress Testing Reports (FR Y-14A/Q/M).
-Approved, February 18, 2022

Forms -- initial Board review to extend without revision the Notice of Proposed Stock Redemption (FR 4008).
-Approved, February 18, 2022

Forms -- final Board review to extend without revision the Written Security Program for State Member Banks (FR 4004).
-Approved, February 18, 2022

Forms -- final Board review to extend without revision the Quarterly Savings and Loan Holding Company Report (FR 2320).
-Approved, February 18, 2022

Forms -- final Board review to extend without revision the Reporting, Recordkeeping, and Disclosure Requirements Associated with Regulation NN (FR NN).
-Approved, February 18, 2022

Personnel

Division of Management -- appointment of Reginald Roach as associate director and Cathi Jack and Tim Ly as deputy associate directors.
-Announced, February 14, 2022

Division of Reserve Bank Operations and Payment Systems -- appointment of Edward Anderson as assistant director.
-Approved, February 14, 2022

Division of Reserve Bank Operations and Payment Systems -- appointment of Emily Caron as assistant director.
-Approved, February 18, 2022

Enforcement

Mesquite Financial Services, Inc., Alice, Texas -- written agreement dated July 6, 2017, terminated February 8, 2022.
-Announced, February 15, 2022