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 14, 2023
Bank Branches, Domestic
Dallas
Frost Bank, San Antonio, Texas -- to establish a branch at 860 South Preston Road, Prosper, Texas.
Approved: October 12, 2023
Secretary
Southern Bancorp Bank, Arkadelphia, Arkansas -- to establish a branch at 5218 Goodman Road, Olive Branch, Mississippi. *
Approved: October 5, 2023
*Addition
St. Louis
First Bank, Creve Coeur, Missouri -- to establish a branch at 4990 Telephone Road, Ventura, California.
Approved: October 10, 2023
Bank Holding Companies
General Counsel
LCNB Corp., Lebanon, Ohio -- waiver of application to acquire Cincinnati Bancorp, Inc., Cincinnati, Ohio, and simultaneously merge Cincinnati Federal, Cincinnati, Ohio, and LCNB National Bank, Lebanon, Ohio. *
Granted: September 19, 2023
*Addition
Change in Bank Control
Atlanta
Robertson Holding Company, L.P., Harrogate, Tennessee -- John Adam Robertson, Speedwell, Tennessee, to retain voting shares of Robertson Holding Company, L.P., and thereby indirectly retain voting shares of Commercial Bancgroup, Inc., and its subsidiary Commercial Bank, both of Harrogate, Tennessee, and more. *
Withdrawn: September 28, 2023
*Addition
Extensions of Time
Secretary
A.N.B. Holding Company, Ltd., Terrell, Texas -- extension to January 13, 2024, to acquire additional shares of The ANB Corporation and thereby indirectly acquire additional shares of The American National Bank of Texas, Terrell, Texas.
Granted: October 12, 2023
Regulations and Policies
General Counsel
Bank Term Funding Program -- report to Congress under section 13(3) of the Federal Reserve Act.
Approved: October 10, 2023
Lending and Liquidity Facilities -- reports to Congress pursuant to section 13(3) of the Federal Reserve Act in response to COVID-19.
Approved: October 10, 2023
Supervision and Regulation
General Counsel
Bayerische Landesbank, Munich, Germany -- temporary exemption under section 4(c)(9) of the Bank Holding Company Act. *
Granted: October 4, 2023
*Addition