Actions under delegated authority PDF

Actions taken during the week ending July 8, 2023

Updated: July 13, 2023
Bank Branches, Domestic
Dallas

Texas First Bank, Texas City, Texas -- to establish a branch at 1965 South Loop 336 West, Conroe, Texas.
Approved: July 6, 2023

Minneapolis

Frandsen Bank & Trust, Lonsdale, Minnesota -- to establish a branch at 823 Belknap Street, Superior, Wisconsin.
Approved: July 7, 2023

Secretary

First Financial Bank, Cincinnati, Ohio -- to establish a branch at 7152 Reading Road, Cincinnati, Ohio.
Approved: July 3, 2023

St. Louis

First Horizon Bank, Memphis, Tennessee -- to establish a branch at 3509 Frederica Road, St. Simons Island, Georgia.
Approved: July 7, 2023

Banks, State Member
New York

Goldman Sachs Bank USA, New York, New York -- to make a public welfare investment.
Approved: July 5, 2023

Change in Bank Control
Chicago

Fisher Bancorp, Inc., Fisher, Illinois -- Michael Estes, Debra Estes, Dean Tabor, and Sharon Tabor, all of Fisher, Illinois; Lyndon S. Estes, Westfield, Indiana; Boyd M. Estes, Chicago, Illinois, and many more; to form the Estes Family Control Group, a group acting in concert, to retain voting shares of Fisher Bancorp, Inc., and thereby indirectly retain voting shares of The Fisher National Bank, Fisher, Illinois, and Catlin Bank, Catlin, Illinois.
Permitted: July 5, 2023

Financial Holding Companies
Richmond

ODNB Financial Corporation, Tysons Corner, Virginia -- election to become a financial holding company.
Effective: July 6, 2023

International Operations
Secretary

The Northern Trust Company, Chicago, Illinois, and The Northern Trust International Banking Corporation, Jersey City, New Jersey -- waiver of the remainder of the prior-notice period for The Northern Trust International Banking Corporation to make an investment in Northern Trust MENA RHQ, Riyadh, Saudi Arabia, pursuant to section 211.9(f) of Regulation K.
Granted: July 6, 2023

Regulations and Policies
General Counsel

Bank Term Funding Program -- report to Congress under section 13(3) of the Federal Reserve Act.
Approved: July 7, 2023

Lending and Liquidity Facilities -- reports to Congress pursuant to section 13(3) of the Federal Reserve Act in response to COVID-19.
Approved: July 7, 2023

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Last Update: July 13, 2023