Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
Actions under delegated authority PDF
Actions taken during the week ending January 20, 2024
Bank Branches, Domestic
Philadelphia
Asian Bank, Philadelphia, Pennsylvania -- to establish a branch at 934 East Passyunk Avenue, Philadelphia, Pennsylvania.
Approved: January 19, 2024
Bank Holding Companies
Kansas City
Firstar Financial Corp., Muskogee, Oklahoma -- to merge with Stigler Bancorporation and thereby indirectly acquire The First National Bank of Stigler, both of Stigler, Oklahoma.
Approved: January 16, 2024
Geneva State Company, Geneva, Nebraska -- waiver of application to acquire State Bank of Odell, Odell, Nebraska, in connection with the merger of State Bank of Odell with and into Heartland Bank, Geneva, Nebraska.
Granted: January 18, 2024
St. Louis
Guaranty Capital Corporation, Belzoni, Mississippi -- to acquire through merger Lafayette Bancorp, Inc., and thereby indirectly acquire Oxford University Bank, both of Oxford, Mississippi.
Approved: January 16, 2024
Change in Bank Control
Boston
Guaranty Bancorp, Inc., Woodsville, New Hampshire -- Walter & Carole Young Living Trust, Stephen U. Samaha, as co-trustee, both of Littleton, New Hampshire; and Neil I. Geschwind, as co-trustee, Hauppauge, New York; a group acting in concert to retain voting shares of Guaranty Bancorp, Inc., and thereby indirectly retain voting shares of Woodsville Guaranty Savings Bank, Woodsville, New Hampshire.
Withdrawn: January 16, 2024
Philadelphia
Fortis Bancorp, Denver, Colorado -- Patriot Financial Partners GP III, LLC; Patriot Financial Partners GP III, L.P.; and others; as a group acting in concert to acquire voting shares of Fortis Bancorp and thereby indirectly acquire voting shares of Fortis Bank, Denver, Colorado.
Permitted: January 19, 2024
St. Louis
Midwest Regional Bancorp, Inc., Festus, Missouri -- Michael F. and Diane M. Bender, both of Farmington, Missouri, to retain voting shares of Midwest Regional Bancorp, Inc., and thereby indirectly retain voting shares of Midwest Regional Bank, Clayton, Missouri.
Returned: January 17, 2024