Actions under delegated authority PDF

Actions taken during the week ending September 16, 2023

Bank Branches, Domestic
Cleveland

Community Bank Trust, Inc., Pikeville, Kentucky -- to establish a branch at 8660 Haines Drive, Florence, Kentucky.
Approved: September 11, 2023

Bank Holding Companies
Richmond

Capital Funding Bancorp, Inc., Baltimore, Maryland -- to engage de novo in extending credit and servicing loans.
Withdrawn: September 15, 2023

Churchill Bank Corporation, Clearwater, Florida -- to become a bank holding company by acquiring Miners Exchange Bank, Coeburn, Virginia.
Withdrawn: September 14, 2023

St. Louis

Edmonton Bancshares, Inc., Edmonton, Kentucky -- waiver of application to merge with Sumner Financial Corporation and thereby indirectly acquire Sumner Bank & Trust Company, both of Gallatin, Tennessee, in connection with the merger of Sumner Bank & Trust Company with and into Edmonton State Bank, Glasgow, Kentucky.
Granted: September 15, 2023

Banks, State Member
Atlanta

Regions Bank, Birmingham, Alabama -- to make two public welfare investments.
Approved: September 14, 2023

Regions Bank, Birmingham, Alabama -- to make a public welfare investment. *
Approved: September 6, 2023
*Addition

Change in Bank Control
Kansas City

Goppert Financial Corporation, Lee?s Summit, Missouri -- the Richard D. Goppert Revocable Inter Vivos Trust dated 6-25-87, Lee?s Summit, Missouri, and Thomas Goppert, trustee, Lake Winnebago, Missouri; the Douglas R. Goppert and Rita A Goppert Family Trust dated 10-13-2011, and others, to become members of the Goppert Family Group, a group acting in concert, to retain voting shares of Goppert Financial Corporation, Lee?s Summit, Missouri, and thereby indirectly retain voting shares of Goppert State Service Bank, Garnett, Kansas, and Goppert Financial Bank, Lathrop, Missouri. edit
Permitted: September 15, 2023

Secretary

Sound Financial Bancorp, Inc., Seattle, Washington -- Mr. Joseph D. Stilwell, San Juan, Puerto Rico, and Stilwell Value LLC; Stilwell Partners, L.P.; Stilwell Activist Fund, L.P.; Stilwell Activist Investments, L.P.; and Stilwell Value Partners VII, L.P., all of New York, New York, individually and as a group acting in concert, to acquire outstanding voting shares of Sound Financial Bancorp, Inc., and thereby indirectly acquire voting shares of Sound Community Bank, Seattle, Washington.
Permitted: September 15, 2023

Financial Holding Companies
Richmond

Burke & Herbert Financial Services Corp., Alexandria, Virginia -- election to become a financial holding company.
Effective: September 13, 2023

Regulations and Policies
General Counsel

Bank Term Funding Program -- report to Congress under section 13(3) of the Federal Reserve Act.
Approved: September 11, 2023

Lending and Liquidity Facilities -- reports to Congress pursuant to section 13(3) of the Federal Reserve Act in response to COVID-19.
Approved: September 11, 2023

Secretary

System of Records (BGFRS-24) -- publication for comment of a notice to modify an existing system of records, "FRB--EEO General Files." *
Approved: September 8, 2023
*Addition

Back to Top
Last Update: September 21, 2023