Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
Actions under delegated authority PDF
Actions taken during the week ending October 7, 2023
Bank Branches, Domestic
Dallas
Comerica Bank, Dallas, Texas -- to establish a branch at 17 Cowboys Way, Frisco, Texas. *
Withdrawn: September 20, 2023
*Addition
Frost Bank, San Antonio, Texas -- to establish a branch at 1912 Parker Road, Carrollton, Texas.
Approved: October 4, 2023
Change in Bank Control
Chicago
Westbury Bancorp, Inc., Waukesha, Wisconsin -- Greg Remus, Sara Remus, Alexander Remus, and Zachary Remus, all of Oconomowoc, Wisconsin, to form the Remus Family Control Group, a group acting in concert, to retain voting shares of Westbury Bancorp, Inc., and thereby indirectly retain voting shares of Westbury Bank, Waukesha, Wisconsin.
Permitted: October 4, 2023
Kansas City
Clark Bancshares, Inc., Clarks, Nebraska -- John M. DuBray III, Columbus, Nebraska, to acquire voting shares of Clark Bancshares, Inc., and thereby indirectly acquire voting shares of Bank of Clarks, Clarks, Nebraska.
Withdrawn: October 5, 2023
Plains Bancshares, Inc., Plains, Kansas -- David Clawson, individually, and as co-trustee of the LAC Clawson Irrevocable Trust, the TD Clawson Irrevocable Trust, and the MBCW Irrevocable Trust, all of Plains, Kansas, to retain voting shares of Plains Bancshares, Inc., and thereby indirectly retain voting shares of Bank of the Plains, Plains, Kansas (formerly known as The Plains State Bank), and more.
Permitted: October 5, 2023
Minneapolis
First State Bank Southwest KSOP Plan and Trust, Worthington, Minnesota -- Bradley Dean Meester, Bigelow, Minnesota, as co-trustee, to acquire voting shares of First State Bank Southwest KSOP Plan and Trust and thereby indirectly acquire voting shares of First Rushmore Bancorporation, Inc., Worthington, Minnesota.
Permitted: October 6, 2023