Actions under delegated authority

Actions taken during the week ending March 5, 2022

Bank Branches, Domestic

St. Louis

Farmers and Merchants Bank, Baldwyn, Mississippi -- to establish a temporary branch at 100 Interchange Drive, Fulton, Mississippi, and a new permanent branch at 418 Interchange Drive, Fulton, Mississippi.
-Approved, March 2, 2022

St. Louis

Legacy Bank & Trust Company, Mountain Grove, Missouri -- to establish a branch at 8211 East Regal Place, Tulsa, Oklahoma.
-Approved, March 2, 2022

Bank Holding Companies

Atlanta

Georgia Banking Company, Inc., Atlanta, Georgia -- to merge with Peoples BankTrust, Inc., and thereby indirectly acquire its subsidiary, Peoples Bank & Trust, both of Buford, Georgia.
-Approved, March 4, 2022

New York

TBB Investments LLC and TBB Intermediate LLC, both of New York, New York -- (1) to become bank holding companies by acquiring voting shares of Berkshire Bancorp, Inc., and thereby indirectly acquiring The Berkshire Bank, both of New York, New York, and (2) for TBB Intermediate LLC to merge with and into Berkshire Bancorp, Inc.
-Approved, February 28, 2022

Bank Mergers

St. Louis

Midland States Bank, Effingham, Illinois -- to purchase certain assets and assume certain liabilities of two branches of FNBC Bank & Trust, La Grange, Illinois, and to retain the acquired facilities as branches.
-Approved, March 4, 2022

Banks, State Member

Chicago

Ally Bank, Sandy, Utah -- to make certain public welfare investments (three notices).
-Approved, February 28, 2022

St. Louis

First Bank, Creve Coeur, Missouri -- to make a public welfare investment.
-Approved, March 1, 2022