Board of Governors of the Federal Reserve System

United Business Bank, Walnut Creek, California -- to establish a branch at 7345 South Durango Drive, Las Vegas, Nevada.
Approved: June 6, 2023

Stockgrowers State Bank Employee Stock Ownership Plan, Ashland, Kansas -- to acquire additional voting shares of Stockgrowers Banc Corporation and thereby indirectly acquire additional shares of Stockgrowers State Bank, both of Ashland, Kansas, and Peoples Bank, Coldwater, Kansas.
Approved: June 7, 2023

Goldman Sachs Bank USA, New York, New York -- to make a public welfare investment.
Approved: June 6, 2023

Bank of Hawaii, Honolulu, Hawaii -- to make a public welfare investment.
Approved: June 9, 2023

East West Bank, Pasadena, California -- to make a $2 million public welfare investment in American Homeownership Innovation Fund LLC.
Withdrawn: June 8, 2023

Manufacturers and Traders Trust Company, Buffalo, New York -- to make a public welfare investment.
Approved: June 9, 2023

Garrett Bancshares, Ltd., Bloomfield, Iowa -- Neal D. Logan, West Des Moines, Iowa, to acquire voting shares of Garrett Bancshares, LTD, and thereby indirectly acquire voting shares of Success Bank, both of Bloomfield, Iowa.
Permitted: June 7, 2023

Jefferson Bancshares, Inc., San Antonio, Texas -- the A. J. Lewis, Jr. GST Exempt Trust fbo A. J. Lewis III, A. J. Lewis III, as trustee; the A. J. Lewis, Jr. GST Exempt Trust fbo Steve C. Lewis, Steve C. Lewis, as trustee; and more, all of San Antonio, Texas, to join the Lewis Family Control Group, a group acting in concert, to retain voting shares of Jefferson Bancshares, Inc., and thereby indirectly retain voting shares of Jefferson Bank, San Antonio, Texas.
Permitted: June 9, 2023

Citigroup Inc., New York, New York -- extension of time to conform or divest a merchant banking investment.
Granted: June 7, 2023

U.S. Bancorp, Minneapolis, Minnesota -- extension of time to comply with certain regulatory reporting requirements.
Granted: June 8, 2023

Bank Term Funding Program -- report to Congress under section 13(3) of the Federal Reserve Act.
Approved: June 9, 2023

Lending and Liquidity Facilities -- reports to Congress pursuant to section 13(3) of the Federal Reserve Act in response to COVID-19.
Approved: June 9, 2023

Citizens Financial Group, Inc., Providence, Rhode Island -- to make capital distributions in the third quarter of 2023 after the occurrence of an event requiring resubmission of its capital plan.
Approved: June 6, 2023

Financial Sector Liabilities -- annual determination of the aggregate consolidated liabilities of financial companies.
Approved: June 5, 2023