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 October 1, 2022


Bank Branches, Domestic

St. Louis
Arvest Bank, Fayetteville, Arkansas -- to establish a branch at the northwest corner of Highway 76 and Indian Trail Road, Anderson, Missouri.
-Approved, September 27, 2022

Richmond
Primis Bank, Glen Allen, Virginia -- to operate a courier service branch in select areas of Virginia, Maryland, and the District of Columbia.
-Approved, September 28, 2022

Bank Holding Companies

Atlanta
CB Investment Holdings, LLC, Nashville, Tennessee -- to become a bank holding company by acquiring shares of CSB&T Bancorp, Inc., and thereby indirectly acquire shares of Citizens Savings Bank & Trust Company, both of Nashville, Tennessee.
-Withdrawn, September 22, 2022
(A/C)

Richmond
First Bancorp, Southern Pines, North Carolina -- to acquire GrandSouth Bancorporation and thereby indirectly acquire GrandSouth Bank, both of Greenville, South Carolina, and for First Bank, Southern Pines, North Carolina, to merge with GrandSouth Bank.
-Approved, September 28, 2022

Minneapolis
Heritage Bancshares Group, Inc., Employee Stock Ownership Plan and Trust, Spicer, Minnesota -- to acquire voting shares of Heritage Bancshares Group, Inc., and thereby indirectly acquire voting shares of Heritage Bank, N.A., both of Spicer, Minnesota.
-Approved, September 26, 2022

Bank Mergers

Kansas City
Cornerstone Bank, York, Nebraska -- to merge with Ashton State Bank, Ashton, Nebraska, and thereby operate a branch at 295 Center Avenue, Ashton, Nebraska.
-Approved, September 28, 2022

Banks, State Member

Dallas
Comerica Bank Dallas, Texas -- to make a community development and public welfare investment (two requests).
-Approved, September 20, 2022
(A/C)

San Francisco
East West Bank Pasadena, California -- to make certain public welfare investments (two requests).
-Approved, September 23, 2022
(A/C)

Secretary
The Northern Trust Company, Chicago, Illinois -- to make a public welfare investment.
-Approved, September 23, 2022
(A/C)

Extensions of Time

Kansas City
Chickasaw Community Bank, Oklahoma City, Oklahoma -- extension to December 31, 2022, (1) to establish a de novo branch at 7420 West Memorial Road, Oklahoma City, Oklahoma, and (2) to increase its investment in bank premises.
-Granted, September 28, 2022

Kansas City
Chickasaw Community Bank, Oklahoma City, Oklahoma -- extension to December 31, 2022, to establish a de novo branch at 7725 West Reno, Oklahoma City, Oklahoma.
-Granted, September 28, 2022

Financial Holding Companies

Minneapolis
Cameron Bancorp, Inc., Cameron, Wisconsin -- election to become a financial holding company.
-Effective, September 29, 2022

Secretary
Citizens Bancshares Corporation, Atlanta, Georgia -- to become a financial holding company.
-Effective, September 20, 2022
(A/C)

Regulations and Policies

Secretary
System of Records -- publication for comment of a notice to modify an existing system of records, BGFRS-3, "FRB-Medical Records."
-Approved, September 23, 2022
(A/C)

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