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 August 10, 2019


Bank Branches, Domestic

St. Louis
Arvest Bank, Fayetteville, Arkansas -- to establish branches at the northeast corner of Lucile Lane and Shawnee Mission Parkway, Shawnee, Kansas, and at the southeast corner of 151st Street and Murlen Road, Olathe (two notices).
-Approved, August 6, 2019

Cleveland
First Financial Bank, Cincinnati, Ohio -- to establish a branch at 900 East McMillan Avenue, Cincinnati.
-Approved, August 9, 2019

Boston
Mascoma Bank, Lebanon, New Hampshire -- to establish branches at 242-244 North Winooski Avenue, Burlington, Vermont, and 431 Pine Street.
-Approved, August 8, 2019

Bank Holding Companies

Minneapolis
Bank Forward Employee Stock Ownership Plan and Trust, Fargo, North Dakota -- to acquire shares of Security State Bank Holding Company, Fargo, and thereby indirectly increase control of Bank Forward, Hannaford.
-Approved, August 7, 2019

St. Louis
First Carroll Bankshares, Berryville, Arkansas -- to engage in lending activities.
-Approved, August 8, 2019

St. Louis
First Co Bancorp, Inc., Collinsville, Illinois -- to acquire Columbia National Bank, Columbia.
-Approved, August 6, 2019

General Counsel
Industry Bancshares, Inc., Industry, Texas, and Citizens State Bank (CS Bank), Buffalo -- waiver of application to acquire The State National Bank in West (SN Bank), West, in connection with SN Bank's merger with and into CS Bank.
-Granted, August 7, 2019

Boston
Provident Bancorp Inc., Amesbury, Massachusetts (a newly formed Maryland corporation) -- to acquire Provident Bank, Amesbury, in connection with the second-step conversion of Provident Bancorp Inc. from mutual to stock form.
-Approved, August 6, 2019

Atlanta
Southern States Bancshares, Inc., Anniston, Alabama -- to merge with East Alabama Financial Group, Inc., Wedowee, and thereby directly acquire Small Town Bank.
-Approved, August 9, 2019

Chicago
Wintrust Financial Corporation (Wintrust), Rosemont, Illinois -- to acquire STC Bancshares Corp., St. Charles, and thereby indirectly acquire STC Capital Bank; and for Wintrust's subsidiary bank, St. Charles Bank & Trust Company, St. Charles, to merge with STC and thereby establish branches.
-Approved, August 7, 2019

Bank Mergers

San Francisco
Heritage Bank of Commerce, San Jose, California -- to merge with Presidio Bank, San Francisco, and thereby acquire branches.
-Approved, August 5, 2019

Minneapolis
Pioneer Bank, Mapleton, Minnesota -- to merge with The Nicollet County Bank of St. Peter, St. Peter, and thereby establish a branch.
-Approved, August 9, 2019

Banks, State Member

San Francisco
Farmers and Merchants Bank of Long Beach, Long Beach, California -- to make a public welfare investment.
-Approved, August 7, 2019

Extensions of Time

St. Louis
M&P Community Bancshares, Inc. 401(k) Employee Stock Ownership Plan, Newport, Arkansas -- extension to November 30, 2019, to acquire additional shares of M&P Community Bancshares, Inc., Newport.
-Granted, August 7, 2019

International Operations

New York
Citibank, N.A., Sioux Falls, South Dakota, and Citibank Overseas Investment Corporation, New Castle, Delaware -- prior notice to make an investment under Regulation K.
-No Objection, August 5, 2019

Boston
State Street Bank and Trust Company, Boston, Massachusetts, and State Street International Holdings (SSIH) -- prior notice to invest in certain subsidiaries of SSIH, under Regulation K.
-No Objection, August 9, 2019

Savings and Loan Holding Companies

Director, S&R
Principal Financial Group, Inc., et al., Des Moines, Iowa -- modification of a commitment.
-Granted, August 7, 2019

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