Board of Governors of the Federal Reserve System

Northstar Bank, Bad Axe, Michigan -- to establish a branch at 4145 24th Avenue, Fort Gratiot, Michigan.
Approved: November 13, 2023

Frost Bank, San Antonio, Texas -- to establish a branch at 4720 Williams Drive, Georgetown, Texas.
Approved: November 15, 2023

The Victory Bank, Limerick, Pennsylvania -- to establish a branch at 100 Gibraltar Road, Horsham, Pennsylvania.
Approved: November 16, 2023

Arvest Bank, Fayetteville, Arkansas -- to establish a branch at 17421 Chenal Parkway, Little Rock, Arkansas.
Approved: November 17, 2023

First Horizon Bank, Memphis, Tennessee -- to establish a branch at 10097 Katy Freeway, Houston, Texas.
Approved: November 13, 2023

Simmons Bank, Pine Bluff, Arkansas -- to establish a branch at 701 East Douglas Avenue, Wichita, Kansas.
Approved: November 15, 2023

PCB Financial, Inc., Costa Mesa, California -- to become a bank holding company by acquiring Northern California Bancorp, Inc., and its subsidiary, Monterey County Bank, both of Monterey, California.
Returned: November 16, 2023

CBI Bank & Trust, Muscatine, Iowa -- to purchase certain assets and assume certain liabilities of Farmers Merchants Bank of Illinois, Joy, Illinois, and thereby establish a branch at 101 West Main Street, Joy, Illinois.
Approved: November 17, 2023

Union Bank, Mena, Arkansas -- to merge with First National Bank at Paris, Paris, Arkansas, and retain the acquired facilities as branches.
Approved: November 14, 2023

Goldman Sachs Bank USA, New York, New York -- to make a public welfare investment.
Approved: November 13, 2023

Manufacturers and Traders Trust Company, Buffalo, New York -- to make a public welfare investment.
Approved: November 17, 2023

Midwest Banco Corporation, Cozad, Nebraska -- Jeffrey Alan Svajgr, Omaha, Nebraska, to join the Olson/Svajgr Family Group, a group acting in concert, to acquire voting shares of Midwest Banco Corporation and thereby indirectly acquire voting shares of Waypoint Bank, Cozad, Nebraska.
Permitted: November 13, 2023

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

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

Rules Regarding Delegation of Authority -- final rule and correcting amendments. *
Approved: November 3, 2023
*Addition

Oconee Federal, MHC, and Oconee Federal Financial Corp., both of Seneca, South Carolina -- to acquire control of Mutual Savings Bank, F.A., Hartsville, South Carolina.
Approved: November 14, 2023

U.S. Bancorp, Minneapolis, Minnesota -- request to treat a credit-linked-note transaction and certain substantially identical credit-linked-note transactions as synthetic securitizations under Regulation Q.
Granted: November 16, 2023