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 May 23, 2020


Bank Branches, Domestic

Atlanta
Bank Independent, Sheffield, Alabama -- to establish a branch at 200 North Commons Street East, Tuscumbia.
-Approved, May 21, 2020

Atlanta
Capital City Bank, Tallahassee, Florida -- to establish a branch at 116 M.C. Davis Boulevard, Santa Rosa Beach.
-Approved, May 22, 2020

Philadelphia
Univest Bank and Trust Co., Souderton, Pennsylvania -- to establish a branch at 1103 Rocky Drive, West Lawn.
-Approved, May 22, 2020

Dallas
WestStar Bank, El Paso, Texas -- to establish a branch at 501 North Zaragoza Road, El Paso.
-Approved, May 21, 2020

Bank Holding Companies

Cleveland
CCCB Bancorp, Inc., Clarion, Pennsylvania -- to become a bank holding company by acquiring Clarion County Community Bank, Clarion.
-Approved, May 20, 2020

Chicago
Merchants Bancorp, Carmel, Indiana -- to make an investment in Vium Capital LLC, Columbus, Ohio, through its subsidiary, Merchants Bank of Indiana, Carmel, and thereby engage in making and servicing loans and municipal advising activities.
-Approved, May 18, 2020

Chicago
Nicolet Bankshares, Inc., Green Bay, Wisconsin -- to merge with Commerce Financial Holdings, Inc., West Bend, and thereby indirectly acquire Commerce State Bank.
-Withdrawn, May 20, 2020

Philadelphia
Norwood Financial Corp., Honesdale, Pennsylvania -- waiver of application to acquire UpState New York Bancorp, Inc., Geneva, New York, and USNY Bank, in connection with the merger of USNY Bank with and into Wayne Bank, Honesdale.
-Granted, May 22, 2020

Atlanta
South State Corporation, Columbia, South Carolina -- to acquire and merge with CenterState Bank Corporation, Winter Haven, Florida, and thereby acquire CenterState Bank, N.A.; and to relocate its headquarters to Winter Haven.
-Approved, May 21, 2020

Extensions of Time

New York
The Adirondack Trust Company Employee Stock Ownership Trust, Saratoga Springs, New York -- extension to August 20, 2020, to acquire additional shares of 473 Broadway Holding Corporation, Saratoga Springs, and The Adirondack Trust Company.
-Granted, May 20, 2020

Director, C&CA
Community Advisory Council -- extension to July 3, 2020, of the application period for membership on the Council.
-Granted, May 19, 2020

Dallas
Woodforest Financial Group Employee Stock Ownership Plan (w/ 401(k) Provisions) (Amended and Restated Eff. 01/01/16), The Woodlands, Texas; and Woodforest Financial Group Employee Stock Ownership Trust -- extension to September 18, 2020, to acquire shares of Woodforest Financial Group, Inc., The Woodlands, and indirectly acquire Woodforest National Bank, Houston.
-Granted, May 19, 2020

Financial Holding Companies

Atlanta
South State Corporation, Columbia, South Carolina -- election to become a financial holding company.
-Effective, May 21, 2020

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