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 April 2, 2022


Bank Branches, Domestic

St. Louis
Arvest Bank, Fayetteville, Arkansas -- to establish a branch at 5630 East Bannister Road, Kansas City, Missouri.
-Approved, March 30, 2022

Atlanta
Copiah Bank, Hazlehurst, Mississippi -- to establish a branch at 400 U.S. Highway 80, Clinton, Mississippi.
-Approved, March 31, 2022

St. Louis
Evolve Bank & Trust, West Memphis, Arkansas -- to establish a branch at 111 East Huntington Avenue, Jonesboro, Arkansas.
-Approved, March 29, 2022

San Francisco
Friendly Hills Bank, Whittier, California -- to establish a branch at 3579 Valley Centre Drive, San Diego, California.
-Approved, April 1, 2022

Secretary
Synovus Bank, Columbus, Georgia -- to establish a branch at 484 Mulberry Street, Macon, Georgia.
-Approved, March 29, 2022

Bank Holding Companies

Minneapolis
Bitterroot Holding Company, Lolo, Montana -- to acquire Antler Land Company and thereby indirectly acquire Little Horn State Bank, both of Hardin, Montana.
-Approved, March 31, 2022

San Francisco
Endeavor Bancorp, San Diego, California -- to become a bank holding company by acquiring Endeavor Bank, San Diego, California.
-Approved, March 30, 2022

Banks, State Member

San Francisco
East West Bank, Pasadena, California -- to make a public welfare investment.
-Approved, April 1, 2022

St. Louis
First Bank, Creve Coeur, Missouri -- to make a public welfare investment.
-Withdrawn, March 31, 2022

St. Louis
First Horizon Bank, Memphis, Tennessee -- to make certain public welfare investments.
-Approved, April 1, 2022

Secretary
Silicon Valley Bank, Santa Clara, California -- to make a public welfare investment.
-Approved, March 30, 2022

Change in Bank Control

Minneapolis
Antler Land Company, Hardin, Montana -- Ascent BanCorp, Helena, Montana; Alan W. Bradley, Charles Shonkwiler, Christine A. N. Bradley, Kelcy Edwards, and certain minor children, all of Hamilton, Montana; Patrick Haffner, Frenchtown, Montana; Minott Pruyn, Daniel Schneiter, Haley Bradley, and a certain minor child, all of Missoula, Montana; and Daniel Wilcox, Corvallis, Montana; a group acting in concert with Bitterroot Holding Company, Lolo, Montana, to acquire voting shares of Antler Land Company, and thereby indirectly acquire voting shares of Little Horn State Bank, Hardin, Montana.
-Permitted, March 31, 2022

Minneapolis
Bosshard Banco, Ltd., La Crosse, Wisconsin -- Bosshard Bank Irrevocable Trust, u/a/d October 21, 2021, South Dakota Trust Company LLC, as trustee, both of Sioux Falls, South Dakota; Andrew R. Bosshard, individually and as trust protector, La Crosse, Wisconsin; Nathan Bosshard-Blackey, individually and as investment committee member, Mill Valley, California; and Elizabeth Bosshard-Blackey, individually and as investment committee member, Edina, Minnesota; to join a group acting in concert to acquire voting shares of Bosshard Banco, Ltd., and indirectly acquire voting shares of Intercity State Bank, Schofield, Wisconsin, and The First National Bank of Bangor, Bangor, Wisconsin.
-Withdrawn, April 1, 2022

Minneapolis
Clayton Bankshares, Inc., La Crosse, Wisconsin -- Bosshard Bank Irrevocable Trust, u/a/d October 21, 2021, South Dakota Trust Company LLC, as trustee, both of Sioux Falls, South Dakota; Andrew R. Bosshard, individually and as trust protector, La Crosse, Wisconsin; Nathan Bosshard-Blackey, individually and as investment committee member, Mill Valley, California; and Elizabeth Bosshard-Blackey, individually and as investment committee member, Edina, Minnesota; to join a group acting in concert to acquire voting shares of Clayton Bankshares, Inc., and thereby indirectly acquire voting shares of Citizens State Bank-La Crosse, La Crosse, Wisconsin.
-Withdrawn, April 1, 2022

Kansas City
Cornhusker Growth Corporation, Lincoln, Nebraska -- the Alice M. Dittman 2011 Irrevocable Trust, John F. Dittman, as trustee, and Susan G. Dittman, all of Lincoln, Nebraska; to join the Dittman Family Group, a group acting in concert, to retain voting shares of Cornhusker Growth Corporation, and thereby indirectly retain voting shares of Cornhusker Bank, Lincoln, Nebraska.
-Permitted, March 28, 2022

Minneapolis
Minnesota Community Bancshares, Inc., Albert Lea, Minnesota -- Daniel Otten, Hayward, Minnesota, to acquire voting shares of Minnesota Community Bancshares, Inc. (MCBI), and thereby indirectly acquire voting shares of Arcadian Bank, Hartland, Minnesota. In addition, the Daniel M. Otten Revocable Trust and the Kim M. Otten Revocable Trust, Daniel Otten and Kim Otten as trustees, all of Hayward, Minnesota; and the Magdalene E. Otten Revocable Trust, Magdalene Otten, as co-trustee, Wisner, Nebraska, and Daniel Otten as co-trustee; to become members of the Otten Family Control Group, a group acting in concert, to acquire voting shares of MCBI, and thereby indirectly acquire voting shares of Arcadian Bank.
-Permitted, March 31, 2022

Extensions of Time

Kansas City
Banner County Ban Corporation Employee Stock Ownership Plan and Trust, Harrisburg, Nebraska -- extension to June 30, 2022, to acquire additional voting shares of Banner County Ban Corporation, and thereby indirectly acquire additional shares of Banner Capital Bank, both of Harrisburg, Nebraska.
-Granted, March 29, 2022

Kansas City
Chickasaw Community Bank, Oklahoma City, Oklahoma -- extension to June 30, 2022, (1) to establish a de novo branch at 7420 West Memorial Road, Oklahoma City, Oklahoma, and (2) to increase its investment in bank premises.
-Granted, March 29, 2022

Kansas City
Chickasaw Community Bank, Oklahoma City, Oklahoma -- extension to June 30, 2022, to establish a de novo branch at 7725 West Reno Avenue, Oklahoma City, Oklahoma.
-Granted, March 29, 2022

New York
Popular Bank, New York, New York -- extension to July 2, 2022, to establish a branch at 7306 Collins Avenue, Miami Beach, Florida.
-Granted, April 1, 2022

Chicago
TC Financial Holdings, Inc., Frankfort, Illinois -- extension to March 27, 2022, to become a bank holding company by acquiring Town Center Bank, Frankfort, Illinois.
-Granted, March 31, 2022

Dallas
Woodforest Financial Group Employee Stock Ownership Plan (with 401(k) provisions) (amended and restated eff. 1/1/16) and Woodforest Financial Group Employee Stock Ownership Trust, both of The Woodlands, Texas -- extension to July 1, 2022, to acquire shares of Woodforest Financial Group, Inc., and thereby indirectly acquire Woodforest National Bank, both of The Woodlands, Texas.
-Granted, April 1, 2022

Membership

Boston
Brattleboro Savings & Loan Association, Brattleboro, Vermont -- to become a member of the Federal Reserve System.
-Approved, March 31, 2022

Regulations and Policies

Chair
Emergency Lending Facilities -- disclosures pursuant to section 11(s) of the Federal Reserve Act.
-Approved, March 29, 2022

Supervision and Regulation

General Counsel
Barclays US LLC, New York, New York -- application for approval of proposed internal debt "conversion trigger" that would allow the Board to order the conversion of Barclays US LLC's eligible long-term debt into common equity tier 1 capital, in accordance with the Board's total loss-absorbing capacity (TLAC) rule.
-Approved, March 29, 2022

General Counsel
TD Group US Holdings LLC, Wilmington, Delaware -- application for approval of proposed internal debt "conversion trigger" that would allow the Board to order the conversion of TD Group US Holdings LLC's eligible long-term debt into common equity tier 1 capital, in accordance with the Board's total loss-absorbing capacity (TLAC) rule.
-Approved, March 29, 2022

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