Actions under delegated authority

Actions taken during the week ending July 11, 2020

Bank Branches, Domestic

Minneapolis

First Interstate Bank, Billings, Montana -- to establish a branch at 600 Union Street, Seattle, Washington.
-Approved, July 10, 2020

Secretary

Fleetwood Bank, Fleetwood, Pennsylvania -- to establish a branch at 61 Kings Plaza, Oley, and to exceed the limit for investment in bank premises.
-Approved, July 8, 2020

Bank Holding Companies

Director, S&R

Truist Financial Corporation, Charlotte, North Carolina, and Truist Bank -- modification of certain commitments.
-Granted, July 10, 2020

Bank Mergers

Kansas City

American Heritage Bank, Sapulpa, Oklahoma -- to merge with Peoples Bank, Tulsa, and thereby establish a branch.
-Approved, July 10, 2020

Banks, State Member

Cleveland

First Financial Bank, Cincinnati, Ohio -- to make a public welfare investment.
-Approved, July 7, 2020

Change in Bank Control

New York

Berkshire Bancorp Inc., New York, New York -- to retain control of Berkshire Bancorp Inc. and its subsidiary, The Berkshire Bank, New York.
-Permitted, July 10, 2020

Chicago

M.S. Investment Co., Milwaukee, Wisconsin -- to retain control of M.S. Investment Co. and its subsidiary, Mitchell Bank, Milwaukee.
-Permitted, July 8, 2020

Chicago

Mitchell Bank Holding Corporation, Milwaukee, Wisconsin -- to retain control of Mitchell Bank Holding Corporation and its subsidiary, Mitchell Bank, Milwaukee.
-Permitted, July 8, 2020

Extensions of Time

Director, S&R

Wells Fargo & Company, San Francisco, California -- extension of time to conform or divest a merchant banking investment.
-Granted, July 7, 2020