FRB: H.2--Actions under delegated authority--Week ending November 21, 2020

Central Bank of Oklahoma, Tulsa, Oklahoma -- to establish a branch at 8700 South Pennsylvania Avenue, Oklahoma City.
-Approved, November 16, 2020

Blue Ridge Bankshares, Inc., Charlottesville, Virginia -- (1) to acquire Bay Banks of Virginia, Inc., Richmond, and thereby acquire Virginia Commonwealth Bank; and (2) to engage in nonbanking activities through the acquisition of VCB Financial Group, Inc., Kilmarnock.
-Approved, November 17, 2020

First Holding Company of Park River, Inc., Park River, North Dakota -- to acquire Ramsey National Bank, Devils Lake.
-Approved, November 18, 2020

Louise Bancshares, Inc., Louise, Texas -- to acquire Dilley State Bank, Dilley.
-Approved, November 16, 2020

Northwood Financial Services Corporation, Northwood, Iowa -- to acquire Titonka Savings Bank, Titonka.
-Approved, November 17, 2020

Ho-Chunk Incorporated, Winnebago, Nebraska -- relief from certain commitments.
-Granted, November 17, 2020

The Eyak Corporation, Anchorage, Alaska -- relief from certain commitments.
-Granted, November 17, 2020

East West Bank, Pasadena, California -- to make a public welfare investment.
-Approved, November 19, 2020

Manufacturers and Traders Trust Company, Buffalo, New York -- to make certain public welfare investments (two requests).
-Approved, November 18, 2020

Financial FedCorp, Inc., Memphis, Tennessee -- change in bank control of Financial FedCorp, Inc., and its subsidiary, Financial Federal Bank, Memphis.
-Permitted, November 17, 2020

First Community Bancorp, Inc., Shelbyville, Tennessee -- change in bank control of First Community Bancorp, Inc., and its subsidiary, First Community Bank of Tennessee, Shelbyville.
-Permitted, November 20, 2020

A.N.B. Holding Company, Ltd., Terrell, Texas -- extension to March 2, 2021, to acquire additional shares of The ANB Corporation, Terrell, and thereby acquire The American National Bank of Texas.
-Granted, November 19, 2020

Arvest Bank, Fayetteville, Arkansas -- extension to August 5, 2021, to establish a branch at 201 Robert S. Kerr Avenue, Oklahoma City, Oklahoma.
-Granted, November 18, 2020

Bank of America Corporation, Charlotte, North Carolina -- extension of time to meet certain regulatory reporting requirements.
-Granted, November 4, 2020
(A/C)

Marquette Bank, Chicago, Illinois -- extension to August 16, 2020, to establish a branch at 3435 West 111th Street, Chicago.
-Granted, November 16, 2020

The McGehee Bank Employee Stock Ownership Plan, McGehee, Arkansas -- extension to March 16, 2021, to acquire additional shares of Southeast Financial Bankstock Corp., McGehee, and thereby increase its control of McGehee Bank.
-Granted, November 19, 2020

Total Loss-Absorbing Capacity (TLAC) Rule -- extension of time for Bank of America Corporation; Wells Fargo & Company; Citigroup, Inc.; The Goldman Sachs Group, Inc.; JPMorgan Chase & Company; Morgan Stanley; The Bank of New York Mellon Corporation; and State Street Corporation to comply with the TLAC rule's clean holding company provisions with respect to certain covered agreements.
-Granted, November 20, 2020

Woodforest Financial Group Employee Stock Ownership Plan (with 401(k) Provisions) (Amended and Restated Eff. 01/01/16), The Woodlands, Texas; and Woodforest Financial Group Employee Stock Ownership Trust -- extension to March 4, 2021, to acquire shares of Woodforest Financial Group, Inc., The Woodlands, and indirectly acquire Woodforest National Bank.
-Granted, November 20, 2020

R Corp Financial, Round Rock, Texas -- election to become a financial holding company.
-Effective, November 19, 2020

Regulation Z (Truth in Lending) -- final interagency determination of the threshold for exempting certain loans from special appraisal requirements for higher-priced mortgages during 2021.
-Approved, November 11, 2020
(A/C)

Regulation Z (Truth in Lending) and Regulation M (Consumer Leasing) -- final interagency amendments to establish dollar thresholds that will apply for determining exempt consumer credit and lease transactions in 2021.
-Approved, November 11, 2020
(A/C)

Charles Schwab Corporation, San Francisco, California -- redemption of preferred stock.
-Approved, November 10, 2020
(A/C)

First Mutual Holding Co., Lakewood, Ohio -- to acquire Martinsville First Savings Bank, Martinsville, Virginia.
-Approved, November 18, 2020

Actions under delegated authority

Actions taken during the week ending November 21, 2020

Bank Branches, Domestic

Bank Holding Companies

Banks, Nonmember, and Miscellaneous Institutions

Banks, State Member

Change in Bank Control

Extensions of Time

Financial Holding Companies

Regulations and Policies

Savings and Loan Holding Companies