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 June 11, 2022


Bank Branches, Domestic

Secretary
First Citizens Community Bank, Mansfield, Pennsylvania -- to establish a branch at 3840 Kennett Pike, Greenville, Delaware.
-Approved, June 6, 2022

Secretary
First Financial Bank, Cincinnati, Ohio -- to establish a branch at 9660 South Mason Montgomery Road, Mason, Ohio.
-Approved, June 10, 2022

Secretary
First Western Bank and Trust, Minot, North Dakota -- to establish a branch at 1414 12th Avenue North, Fargo, North Dakota.
-Approved, June 8, 2022

Dallas
Frost Bank, San Antonio, Texas -- to establish a branch at 7101 Warren Parkway, Frisco, Texas.
-Approved, June 7, 2022

Dallas
Frost Bank, San Antonio, Texas -- to establish a branch at 2231 Singleton Road, Dallas, Texas.
-Approved, June 7, 2022

St. Louis
Simmons Bank, Pine Bluff, Arkansas -- to establish branches at 1400 East Harding Avenue, Pine Bluff, Arkansas, and 4134 Elvis Presley Boulevard, Memphis, Tennessee (two applications).
-Approved, June 9, 2022

Bank Holding Companies

Richmond
MVB Financial Corp., Fairmont, West Virginia -- to engage in nonbanking activities through the indirect acquisition/retention of securities in the following companies: Flexia Payments, LLC; MVB Technologies, LLC; and Intercoastal Mortgage, LLC.
-Approved, June 7, 2022

New York
Nave Holdings LLC, San Juan, Puerto Rico -- (1) to become a bank holding company by acquiring Nave Bank, San Juan, Puerto Rico, and (2) for Nave Bank, a de novo bank, to become a member of the Federal Reserve System.
-Withdrawn, June 9, 2022

Banks, State Member

Dallas
Comerica Bank, Dallas, Texas -- to make a community development and public welfare investment.
-Approved, June 3, 2022
(A/C)

Dallas
Comerica Bank, Dallas, Texas -- to make a community development and public welfare investment.
-Approved, June 9, 2022

Change in Bank Control

San Francisco
Banner Corporation, Walla Walla, Washington -- the Vanguard Group, Inc., Malvern, Pennsylvania, on behalf of itself, its subsidiaries and affiliates, including investment companies registered under the Investment Company Act of 1940, other pooled investment vehicles, and institutional accounts that are sponsored, managed, or advised by Vanguard, to acquire additional voting shares of Banner Corporation, and thereby indirectly acquire voting shares of Banner Bank, Walla Walla, Washington.
-Permitted, June 7, 2022

Secretary
First Financial Bancorp, Cincinnati, Ohio -- the Vanguard Group, Inc., Malvern, Pennsylvania, on behalf of itself, its subsidiaries and affiliates, including investment companies registered under the Investment Company Act of 1940, other pooled investment vehicles, and institutional accounts that are sponsored, managed, or advised by Vanguard, to acquire additional voting shares of First Financial Bancorp, and thereby indirectly acquire voting shares of First Financial Bank, Cincinnati, Ohio.
-Permitted, June 7, 2022

San Francisco
Hope Bancorp, Inc., Los Angeles, California -- the Vanguard Group, Inc., Malvern, Pennsylvania, on behalf of itself, its subsidiaries and affiliates, including investment companies registered under the Investment Company Act of 1940, other pooled investment vehicles, and institutional accounts that are sponsored, managed, or advised by Vanguard, to acquire additional voting shares of Hope Bancorp, Inc., and thereby indirectly acquire voting shares of Bank of Hope, Los Angeles, California.
-Permitted, June 7, 2022

St. Louis
Old National Bancorp, Evansville, Indiana -- the Vanguard Group, Inc., Malvern, Pennsylvania, on behalf of itself, its subsidiaries and affiliates, including investment companies registered under the Investment Company Act of 1940, other pooled investment vehicles, and institutional accounts that are sponsored, managed, or advised by Vanguard, to acquire additional voting shares of Old National Bancorp, and thereby indirectly acquire voting shares of Old National Bank, Evansville, Indiana.
-Permitted, June 7, 2022

Minneapolis
Prairie Bancshares Corporation, Shelby, Montana -- Brice Kluth, Shelby, Montana; Coby Kluth, Whitefish, Montana; John Byron Love, Kalispell, Montana; and Lisette Pickens, Missoula, Montana; to retain voting shares of Prairie Bancshares Corporation and thereby indirectly retain voting shares of The First State Bank of Shelby, Shelby, Montana.
-Permitted, June 6, 2022

Cleveland
S&T Bancorp, Indiana, Pennsylvania -- the Vanguard Group, Inc., Malvern, Pennsylvania, on behalf of itself, its subsidiaries and affiliates, including investment companies registered under the Investment Company Act of 1940, other pooled investment vehicles, and institutional accounts that are sponsored, managed, or advised by Vanguard, to acquire additional voting shares of S&T Bancorp and thereby indirectly acquire voting shares of S&T Bank, Indiana, Pennsylvania.
-Permitted, June 7, 2022

St. Louis
Simmons First National Corporation, Pine Bluff, Arkansas -- the Vanguard Group, Inc., Malvern, Pennsylvania, on behalf of itself, its subsidiaries and affiliates, including investment companies registered under the Investment Company Act of 1940, other pooled investment vehicles, and institutional accounts that are sponsored, managed, or advised by Vanguard, to acquire additional voting shares of Simmons First National Corporation, and thereby indirectly acquire voting shares of Simmons Bank, Pine Bluff, Arkansas.
-Permitted, June 7, 2022

Extensions of Time

St. Louis
Arvest Bank, Fayetteville, Arkansas -- extension to January 21, 2023, to establish a branch at 155 East 150th Place South, Glenpool, Oklahoma.
-Granted, June 9, 2022

Kansas City
Bern Bancshares, Inc., Bern, Kansas -- extension to September 8, 2022, to acquire additional shares of UBT Bancshares, Inc., and thereby indirectly acquire United Bank & Trust, both of Marysville, Kansas.
-Granted, June 8, 2022

Atlanta
Georgia Banking Company, Inc., Atlanta, Georgia -- extension to September 19, 2022, to merge with Peoples BankTrust, Inc., and thereby indirectly acquire its subsidiary, Peoples Bank & Trust, both of Buford, Georgia.
-Granted, June 10, 2022

Regulations and Policies

Chair
Lending and Liquidity Facilities -- reports to Congress pursuant to section 13(3) of the Federal Reserve Act in response to COVID-19.
-Approved, June 8, 2022

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