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 July 31, 2021


Advisory Councils

Director, S&R
Insurance Policy Advisory Committee -- notice that the Board is accepting applications from individuals who wish to be considered for membership on the committee.
-Approved, July 30, 2021

Bank Branches, Domestic

Boston
BankNewport, Newport, Rhode Island -- to establish a branch at 27 Strawberry Field Road, Warwick, Rhode Island.
-Approved, July 26, 2021

St. Louis
The Central Trust Bank, Jefferson City, Missouri -- to establish a branch at 3701 Tamiami Trail North, Naples, Florida.
-Approved, July 28, 2021

New York
Elmira Savings, Bank Elmira, New York -- to establish a branch at 84 Court Street, Binghamton, New York.
-Approved, July 28, 2021

St. Louis
First Choice Bank, Pontotoc, Mississippi -- to establish a branch at 301 West Front Street, Houlka, Mississippi.
-Approved, July 27, 2021

Bank Holding Companies

Atlanta
Cypress Capital Group, Inc., Palm Beach, Florida -- (1) to become a bank holding company concurrently with the conversion of its wholly owned subsidiary, Cypress Trust Company, Palm Beach, Florida, to a state-chartered nonmember bank, Cypress Bank & Trust, and (2) to engage in investment advisory activities pursuant to 12 CFR 225.28(b)(6).
-Approved, July 29, 2021

Kansas City
Geneva State Company, Geneva, Nebraska -- relief from certain commitments.
-Granted, July 29, 2021

Chicago
Nicolet Bankshares, Inc., Green Bay, Wisconsin -- waiver of application to acquire Mackinac Financial Corporation and thereby acquire its subsidiary, mBank, both of Manistique, Michigan, in connection with the the merger of mBank with and into Nicolet National Bank, Green Bay, Wisconsin.
-Granted, July 19, 2021
(A/C)

Richmond
Oak View Bankshares, Inc., Warrenton, Virginia -- to become a bank holding company by acquiring Oak View National Bank, Warrenton, Virginia.
-Approved, July 30, 2021

Bank Mergers

Atlanta
Anchor Bank, Juno Beach, Florida -- to merge with Home Federal Bank of Hollywood, Hallandale Beach, Florida.
-Approved, July 27, 2021

Banks, State Member

San Francisco
East West Bank, Pasadena, California -- to make a public welfare investment.
-Approved, July 28, 2021

Cleveland
First Financial Bank, Cincinnati, Ohio -- to make a public welfare investment.
-Approved, July 29, 2021

San Francisco
Westamerica Bank, San Rafael, California -- to make a public welfare investment.
-Approved, July 30, 2021

San Francisco
Western Alliance Bank, Phoenix, Arizona -- to make a public welfare investment.
-Approved, July 26, 2021

Change in Bank Control

Dallas
FirstPerryton Bancorp, Inc., Perryton, Texas -- the Trust Department at FirstBank Southwest, Amarillo, Texas, to retain control of voting shares of FirstPerryton Bancorp, Inc. ("Company") by becoming Trustee of the Carl Ellis Separate Property FPB Stock Revocable Trust, Amarillo, Texas, which owns Company stock and thereby indirectly owns First Bank Southwest, Perryton, Texas. Additionally, the Ellis Family Trust-Julie Ellis FirstBank Southwest Trust S, and the Trust Department at FirstBank Southwest, as trustee, to acquire voting shares of the Company and to join the Ellis Family Group, a group acting in concert, all of Amarillo, Texas.
-Permitted, July 29, 2021

Chicago
Fostoria Bankshares, Inc., Fostoria, Iowa -- Heather Cook, Ames, Iowa, to join the Simington Family Group, a group acting in concert, to retain voting shares of Fostoria Bankshares and thereby indirectly retain voting shares of Farmers Savings Bank, Fostoria, Iowa.
-Permitted, July 30, 2021

Minneapolis
Randall Bancorp, Inc., Randall, Minnesota -- the Amended and Restated Kermit J. Zaffke a/k/a John Zaffke Revocable Trust, Kermit J. Zaffke and Karen J. Zaffke as trustees, both of Green Valley, Arizona, and the Amended and Restated Karen J. Zaffke Revocable Trust, Karen J. Zaffke and Kermit J. Zaffke as trustees, both of Green Valley, Arizona, as a group acting in concert, to retain voting shares of Randall Bancorp Inc., and thereby indirectly retain voting shares of Randall State Bank, Randall, Minnesota.
-Permitted, July 30, 2021

Minneapolis
Roscoe Community Bankshares, Inc., Roscoe, South Dakota -- the Family Trust created under the Last Will and Testament of John R. Beyers dated August 17, 2017, and The RCB Marital Trust created under the Last Will and Testament of John R. Beyers dated August 17, 2017, Patty Beyers as trustee, all of Roscoe, South Dakota, to retain voting shares of Roscoe Community Bankshares, Inc. and thereby indirectly retain voting shares of the First State Bank of Roscoe, Roscoe, South Dakota.
-Permitted, July 28, 2021

Minneapolis
Rushford State Bancorp, Inc., Rushford, Minnesota -- James T. Roberton, individually and with the Lorene M. Roberton Testamentary Trust, both of Ramsey, Minnesota (James Roberton as trustee), to remain members of the Roberton Family Control Group, a group acting in concert, to retain voting shares of Rushford State Bancorp and thereby indirectly retain voting shares of Rushford State Bank, Rushford, Minnesota.
-Permitted, July 28, 2021

Regulations and Policies

Secretary
System of Records -- publication for comment of a notice to modify an existing system of records, BGFRS-17 (FRB-Municipal or Government Securities Principals and Representatives).
-Approved, July 27, 2021

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