Board of Governors of the Federal Reserve System

Johnson Bank, Racine, Wisconsin -- to establish a branch at 448 S. Gammon Road, Madison, Wisconsin.
Approved: March 22, 2024

Atlantic Union Bank, Richmond, Virginia -- to establish a branch at 13986 Metrotech Drive, Chantilly, Virginia.
Approved: March 20, 2024

First Bank, Strasburg, Virginia -- to establish a branch at 310 First Street, Roanoke, Virginia.
Approved: March 19, 2024

Panhandle Bancshares, Inc., Guymon, Oklahoma -- to merge with Spearman Bancshares, Inc., and indirectly acquire First National Bank, both of Spearman, Texas.
Approved: March 22, 2024

General Electric Company, Fairfield, Connecticut, and its subsidiaries and affiliates -- relief from certain commitments.
Granted: March 19, 2024

Regions Bank, Birmingham, Alabama -- to make four public welfare investments.
Approved: March 21, 2024

Talen, Inc., Traer, Iowa -- the William C. Talen Revocable Trust, and Darlys Hulme, as trustee, both of Vinton, Iowa; Mary June Talen, Omaha, Nebraska; Deborah Talen and Ruth Erickson, both of Minneapolis, Minnesota; the William Talen III Revocable Trust, William Talen III and Savitri Durkee, as co-trustees, and Julie Talen, all of New York, New York; and Robert Lassiter, Marthaville, Louisiana, to retain additional voting shares of Talen, Inc., and thereby indirectly retain voting shares of Farmers Savings Bank & Trust, Traer, Iowa.
Permitted: March 22, 2024

Blue Ridge Bancshares, Inc., Independence, Missouri -- David R. Esry, Lee's Summit, Missouri, as General Partner of the William and Marcile Reich Family Limited Partnership, Independence, Missouri; as trustee of the David Esry Family Trust, Independence, Missouri; and as co-trustee of the Esry Family Trust, Independence, Missouri, to retain voting shares of Blue Ridge Bancshares, Inc., and thereby indirectly retain voting shares of Blue Ridge Bank, Independence, Missouri. In addition, the Esry Family Trust, David Esry; Marcie Esry, Sarasota, Florida; and William Esry, Independence, Missouri, as co-trustees, to join the Esry Family Group, a group acting in concert, to retain voting shares of Blue Ridge Bancshares, Inc., and thereby indirectly retain voting shares of Blue Ridge Bank. William Esry, Marcie Esry, and David Esry, all individually, were each previously permitted by the Federal Reserve System to acquire control of the voting shares of Blue Ridge Bancshares, Inc.
Permitted: March 22, 2024

Discover Financial Services, Riverwoods, Illinois -- to make certain capital distributions under the capital plan rule.
Approved: March 22, 2024