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 March 30, 2024
Advisory Councils
Director, C&CA
Community Advisory Council -- notice that the Board is accepting applications from individuals who wish to be considered for membership on the council.
Approved: March 25, 2024
Bank Branches, Domestic
Dallas
The Bank and Trust, SSB, Del Rio, Texas -- to establish a branch at 118 West Bandera Road, Boerne, Texas.
Approved: March 27, 2024
Richmond
Coastal States Bank, Hilton Head Island, South Carolina -- to establish a branch at 1029 Boundary Street, Beaufort, South Carolina.
Approved: March 27, 2024
Secretary
SmartBank, Pigeon Forge, Tennessee -- to establish a branch at 1940 East Samford Avenue, Auburn, Alabama.
Approved: March 28, 2024
Bank Holding Companies
Chicago
Oxford Bank Corporation, Oxford, Michigan -- to indirectly acquire an interest in NOX, LLC, Oxford, Michigan, and thereby engage in the nonbanking activity of making and servicing loans, pursuant to section 225.28(b)(1) of Regulation Y.
Approved: March 25, 2024
New York
Helios Bancorp, Inc., New York, New York -- to become a bank holding company by acquiring Alpine Capital Bank, New York, New York.
Approved: March 28, 2024
Bank Mergers
St. Louis
OakStar Bank, Springfield, Missouri -- to merge with Community First Bank, Kansas City, Kansas, and First Colorado National Bank, Paonia, Colorado, and to retain the acquired facilities as branches.
Approved: March 29, 2024
Change in Bank Control
Boston
Guaranty Bancorp, Inc., Woodsville, New Hampshire -- the Walter & Carole Young Living Trust, Stephen U. Samaha, as co-trustee, both of Littleton, New Hampshire, and Neil I. Geschwind, as co-trustee, Melville, New York, and the Sarah W. Samaha Revocable Trust, Sarah W. Samaha, as co-trustee, both of Sugar Hill, New Hampshire, and Stephen U. Samaha, as co-trustee; 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.
Permitted: March 29, 2024
Kansas City
Ameriwest Corporation, Omaha, Nebraska -- Daniel J. Murphy, Elkhorn, Nebraska, to join the Murphy Family Control Group, a group acting in concert, to acquire voting shares of Ameriwest Corporation and thereby indirectly acquire voting shares of First Westroads Bank, Inc., Omaha, Nebraska.
Permitted: March 25, 2024
Membership
Kansas City
Alva State Bank & Trust Company, Alva, Oklahoma -- to become a member of the Federal Reserve System.
Approved: March 25, 2024
Supervision and Regulation
Director, S&R
Main Index -- request by Credit Suisse Holdings (USA), Inc., for a determination regarding certain indexes for purposes of the Board's capital rule.
Approved: March 26, 2024