Release dates | Full version (300 KB PDF)
Board Actions | Actions under delegated authority
Applications and reports received:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco

Actions under delegated authority

Actions taken during the week ending June 24, 2017


Bank Branches, Domestic

Philadelphia
Fleetwood Bank, Fleetwood, Pennsylvania -- to establish a branch at 216 Philadelphia Avenue, Boyertown.
-Approved, June 22, 2017

Bank Holding Companies

Director, S&R
Byline Bancorp, Inc., Chicago, Illinois -- limited relief from certain commitments.
-Granted, June 20, 2017

Dallas
Capitol of Texas Bancshares, Inc., Austin, Texas -- to become a bank holding company by acquiring The Bank of Austin (in organization), Austin.
-Approved, June 19, 2017

Atlanta
Clayton HC, Inc., Knoxville, Tennessee -- to acquire an interest in FB Financial Corporation, Nashville, and its subsidiary, FirstBank, in connection with the sale by Clayton HC of Clayton Bank and Trust, Knoxville, and American City Bank of Tullahoma, Tullahoma, to FirstBank.
-Withdrawn, June 21, 2017

Cleveland
Farmers National Banc Corp., Canfield, Ohio -- to acquire Monitor Bancorp, Inc., Big Prairie, and thereby indirectly acquire The Monitor Bank.
-Approved, June 21, 2017

Dallas
First Baird Bancshares, Inc., Weatherford, Texas -- to engage in data processing activities through the direct and indirect acquisition of shares of Sharp BancSystems, Inc., Bedford.
-Withdrawn, June 19, 2017

San Francisco
Wells Fargo & Company, San Francisco, California -- to acquire certain subsidiaries from its bank, Wells Fargo Bank, N.A., Sioux Falls, South Dakota, and thereby engage in investment advisory activities.
-Approved, June 22, 2017

Bank Mergers

San Francisco
Seacoast Commerce Bank, San Diego, California -- to merge with Capital Bank, San Juan Capistrano, and thereby acquire two branches.
-Approved, June 23, 2017

Banks, Nonmember, and Miscellaneous Institutions

Director, S&R
Peachtree Equity Investment Management, Inc., Atlanta, Georgia -- relief from certain commitments.
-Granted, June 19, 2017

Banks, State Member

Director, S&R
Western Alliance Bank, Phoenix, Arizona -- to make a public welfare investment.
-Approved, June 20, 2017

Change in Bank Control

Kansas City
Citizens Bancshares Co., Kansas City, Missouri -- to retain control of Citizens Bancshares Co. and its subsidiary, Citizens Bank and Trust Company, Kansas City.
-Permitted, June 23, 2017

Chicago
Milford Bancorporation, Milford, Iowa -- change in bank control of Milford Bancorporation, and its subsidiary, United Community Bank, Milford.
-Permitted, June 19, 2017

Dallas
Wallis Bancshares, Inc., Wallis, Texas -- change in bank control of Wallis Bancshares, Inc., and its subsidiary, Wallis State Bank, Wallis.
-Permitted, June 23, 2017

Extensions of Time

San Francisco
Bank of Stockton, Stockton, California -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, March 22, 2017
(A/C)

Cleveland
BlackRock, New York, New York -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, February 14, 2017
(A/C)

Kansas City
BOK Financial Corporation, Tulsa, Oklahoma, and Commerce Bancshares, Inc., Kansas City, Missouri -- two requests for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, February 22, 2017
(A/C)

San Francisco
CLSA Capital Partners Limited, Hong Kong SAR, People's Republic of China -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, June 20, 2017

St. Louis
Cross County Bancshares, Inc., Wynne, Arkansas -- extension to September 28, 2017, to acquire additional shares of Central Bank, Little Rock.
-Granted, June 20, 2017

Cleveland
Fifth Third Bancorp, Cincinnati, Ohio -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, February 7, 2017
(A/C)

Kansas City
First National of Nebraska, Inc., Omaha, Nebraska -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, June 2, 2017
(A/C)

Dallas
Frost Bank, San Antonio, Texas -- extension to October 22, 2017, to establish a branch at 2240 Navigation Boulevard, Houston.
-Granted, June 22, 2017

Cleveland
Huntington Bancshares Incorporated, Columbus, Ohio -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, February 6, 2017
(A/C)

Cleveland
KeyCorp, Cleveland, Ohio -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, February 13, 2017
(A/C)

Kansas City
Lauritzen Investments, Inc., Omaha, Nebraska -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, February 28, 2017
(A/C)

Cleveland
PNC Financial Services Group, Inc., Pittsburgh, Pennsylvania -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, February 2, 2017
(A/C)

Boston
Santander Holdings USA, Inc., Boston Massachusetts -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, May 31, 2017
(A/C)

Philadelphia
TD Group US Holdings LLC, Cherry Hill, New Jersey -- request by The Toronto-Dominion Bank for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, April 25, 2017
(A/C)

Minneapolis
U.S. Bancorp, Minneapolis, Minnesota -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, June 7, 2017
(A/C)

Boston
Webster Financial Corporation, Waterbury, Connecticut -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, May 4, 2017
(A/C)

Director, S&R
Wells Fargo & Company, San Francisco, California -- extensions of time to divest or conform certain merchant banking investments (two requests).
-Granted, June 19, 2017

San Francisco
Zions Bancorporation, Salt Lake City, Utah; Cathay General Bancorp, Los Angeles, California; and PacWest Bancorp -- three requests for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
-Granted, February 27, 2017
(A/C)

Financial Holding Companies

Richmond
Carolina Financial Corporation, Charleston, South Carolina -- election to become a financial holding company.
-Effective, June 20, 2017

Chicago
Level One Bancorp, Inc., Farmington Hills, Michigan -- election to become a financial holding company.
-Effective, June 23, 2017

San Francisco
Mission Bancorp, Bakersfield, California -- election to become a financial holding company.
-Effective, June 23, 2017

Release dates | Full version (300 KB PDF)
Board Actions | Actions under delegated authority
Applications and reports received:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco