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 January 1, 2022


Bank Branches, Domestic

Kansas City
Cornhusker Bank, Lincoln, Nebraska -- to establish a branch at 3500 Faulkner Drive, Lincoln, Nebraska.
-Approved, December 27, 2021

Bank Holding Companies

St. Louis
Southern Missouri Bancorp, Inc., Poplar Bluff, Missouri -- waiver of application to acquire Fortune Financial Corporation and thereby indirectly acquire its subsidiary, FortuneBank, both of Arnold, Missouri, in connection with the merger of FortuneBank with and into Southern Bank, Poplar Bluff, Missouri.
-Granted, December 30, 2021

Chicago
TC Financial Holdings, Inc., New Lenox, Illinois -- to become a bank holding company by acquiring Town Center Bank, Frankfort, Illinois.
-Approved, December 27, 2021

New York
Valley National Bancorp, New York, New York -- to acquire Bank Leumi Le-Israel Corporation and thereby indirectly acquire Bank Leumi USA, both of New York, New York.
-Approved, December 28, 2021

Bank Mergers

St. Louis
Southern Bank, Poplar Bluff, Missouri -- to merge with FortuneBank, Arnold, Missouri, and to retain the acquired facilities as branches.
-Approved, December 30, 2021

Change in Bank Control

Secretary
FBHC Holding Company, Boulder, Colorado -- Kyle Heckman, individually and as trustee of the Flatirons Employee Stock Ownership Plan and Trust, to acquire control of FBHC Holding Company and thereby indirectly control Flatirons Bank, Boulder, Colorado.
-Permitted, December 22, 2021
(A/C)

Dallas
Red River Bancorp, Inc., Gainesville, Texas -- the Morris Family Trust and Frank E. Morris, as trustee and individually, both of Gainesville, Texas, to acquire voting shares of Red River Bancorp, Inc., and thereby indirectly acquire voting shares of First State Bank, Gainesville, Texas.
-Permitted, December 31, 2021

Dallas
Tolleson Wealth Management, Inc., Dallas, Texas -- the DT 2020 Savings Trust, Debra June Tolleson and John Carter Tolleson, Jr., trustees, the JT 2020 Secure Trust, John Carter Tolleson, trustee, and Debra June Tolleson, to acquire voting shares of Tolleson Wealth Management, Inc., and thereby indirectly acquire Tolleson Private Bank, all of Dallas, Texas. Additionally, Kathryn Covert Tolleson, Amy Tolleson Baldwin, Peter Baldwin, the John Carter Tolleson 1999 Trust, John Carter Tolleson, Jr., trustee, and six trusts established for the benefit of minor children, all of Dallas, Texas, to retain voting shares of Tolleson Wealth Management, Inc., and thereby indirectly retain voting shares of Tolleson Private Bank; and for all to join the Tolleson Family Control Group, a group acting in concert.
-Permitted, December 30, 2021

Kansas City
Tri-County Company, Stuart, Nebraska -- Sally Jo Schmaderer Trust, Jon D. Schmaderer, as trustee, both of Stuart, Nebraska; and Joel M. Steinhauser Ainsworth, Nebraska, to become members of the Schmaderer Family Group, a group acting in concert, to retain voting shares of Tri-County Company, and thereby indirectly retain voting shares of The Tri-County Bank, Stuart, Nebraska; Nancy Jo Steinhauser, Ainsworth, Nebraska; Sue Anne Philson, Lincoln, Nebraska; and Jon D. Schmaderer, Stuart, Nebraska, to become members of the Schmaderer Family Group, to acquire additional voting shares of Tri-County Company, and indirectly acquire voting shares of The Tri-County Bank.
-Permitted, December 29, 2021

Extensions of Time

Dallas
Woodforest Financial Group Employee Stock Ownership Plan (with 401(k) Provisions) (Amended and Restated Eff. 01/01/16), and Woodforest Financial Group Employee Stock Ownership Trust, both of The Woodlands, Texas -- extension to April 1, 2022, to acquire shares of Woodforest Financial Group, Inc., and indirectly acquire Woodforest National Bank, both of The Woodlands, Texas.
-Granted, December 31, 2021

Membership

Atlanta
The First, A National Banking Association, Hattiesburg, Mississippi -- to become a member of the Federal Reserve System.
-Approved, December 30, 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