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 March 9, 2024
Bank Branches, Domestic
Kansas City
First Community Bank, Beemer, Nebraska -- to establish a branch at 2850 Elk Lane, Fremont, Nebraska.
Approved: March 7, 2024
Bank Holding Companies
St. Louis
Lincoln County Bancorp, Inc., Troy, Missouri -- to acquire additional voting shares of Kahoka State Bank, Kahoka, Missouri.
Approved: March 7, 2024
Change in Bank Control
Chicago
Easton Bancshares, Inc., Easton, Illinois -- Sue Ann McClaren, Denver, Colorado, to retain voting shares of Easton Bancshares, Inc., and thereby indirectly retain voting shares of Community Bank of Easton, Easton, Illinois.
Permitted: March 4, 2024
First Bancorp of Taylorville, Inc., Taylorville, Illinois -- Beth E. Brotherton, Taylorville, Illinois, and Thomas Matthew Beavers, Mount Zion, Illinois; to acquire additional voting shares of First Bancorp of Taylorville, Inc., and thereby indirectly acquire additional voting shares of First National Bank in Taylorville, Taylorville, Illinois, and more.
Permitted: March 8, 2024
Kansas City
Gateway First Bancorp, Inc., Jenks, Oklahoma -- the Stitt Dynasty Trust dated December 31, 2021, Tulsa, Oklahoma, James Redman, as trustee; to join the Stitt Family Group, a group acting in concert, to acquire voting shares of Gateway First Bancorp, Inc., and thereby indirectly acquire voting shares of Gateway First Bank, Jenks, Oklahoma, and more.
Permitted: March 7, 2024
Thayer Agency, Inc., Hebron, Nebraska -- Patrick Kenner, Hebron, Nebraska; a member of the Kenner Family Group, to retain additional voting shares of Thayer Agency, Inc., and thereby indirectly retain additional voting shares of Thayer County Bank, Hebron, Nebraska. Also, Rebecca Schure, Omaha, Nebraska, to become a member of the Kenner Family Group, to retain voting shares of Thayer Agency, Inc., and thereby indirectly retain voting shares of Thayer County Bank.
Permitted: March 7, 2024
Regulations and Policies
General Counsel
Bank Term Funding Program -- report to Congress under section 13(3) of the Federal Reserve Act.
Approved: March 8, 2024
Lending and Liquidity Facilities -- reports to Congress under section 13(3) of the Federal Reserve Act in response to COVID-19.
Approved: March 8, 2024