Actions under delegated authority PDF

Actions taken during the week ending June 1, 2024

Bank Branches, Domestic
Chicago

Lake City Bank, Warsaw, Indiana -- to establish a branch at 1361 South Rangelin Road, Carmel, Indiana.
Approved: May 29, 2024

Dallas

Frost Bank, San Antonio, Texas -- to establish a branch at 7101 East William Cannon Drive, Austin, Texas.
Approved: May 30, 2024

Texas Regional Bank, Harlingen, Texas -- to establish a branch at 4389 East US Highway 83, Rio Grande City, Texas.
Approved: May 30, 2024

Richmond

John Marshall Bank, Reston, Virginia -- to establish a branch at 540 Fort Evans Road, Leesburg, Virginia.
Approved: May 31, 2024

Bank Holding Companies
Atlanta

Southern States Bancshares, Inc., Anniston, Alabama -- waiver of application to merge with CBB Bancorp, Inc., and thereby indirectly acquire Century Bank of Georgia, both of Cartersville, Georgia, in connection with the merger of Century Bank of Georgia with and into Southern States Bank, Anniston, Alabama.
Granted: May 31, 2024

Kansas City

Stockton Bancshares, Inc., Stockton, Kansas -- to merge with Coffeyville Bancorp, Inc., Coffeyville, Kansas, and thereby indirectly acquire Community State Bank, Coffeyville, Kansas.
Approved: May 31, 2024

Banks, Foreign
General Counsel

CACEIS Bank, Montrouge, France -- request to consummate a foreign merger prior to submitting an application to establish a U.S. representative office that CACEIS Bank would assume through the merger.
Approved: May 30, 2024

Change in Bank Control
Chicago

First National Bancshares, Inc., East Lansing, Michigan -- Mamie M. Foote Trust No. 1, Mamie M. Foote as trustee, both of Golden Oak, Florida; Foote Shingleton 2004 Irrevocable Trust fbo Elizabeth Shingleton Glomsrud, Foote Shingleton 2004 Irrevocable Trust fbo Jennifer Shingleton Ewing, and Foote Shingleton 2004 Irrevocable Trust, fbo Rebecca Shingleton, all of Sanibel, Florida, and Kenneth Foote, Brighton, Michigan, as trustee of each of these trusts; The William R. Thomas Trust dated 8/26/20, William Thomas and Megan Furman as trustees, all of Ann Arbor, Michigan; and Abigail Thomas King, Charlotte, North Carolina, to join the Foote Family Control Group, a group acting in concert, to acquire voting shares of First National Bancshares, Inc., and thereby indirectly control First National Bank of America, East Lansing, Michigan.*
Permitted: May 23, 2024
*Addition

Mauston Bancorp, Inc., La Crosse, Wisconsin -- The William H. Bosshard Family GST Trust, LaCrosse, Wisconsin, Andrew R. Bosshard, La Crosse, Wisconsin, and Joseph W. Bosshard, Boulder, Colorado, as co-trustees, to join the Bosshard Family Group, a group acting in concert, to acquire voting shares of Mauston Bancorp, Inc., and thereby indirectly acquire voting shares of Bank of Mauston, Mauston, Wisconsin.
Permitted: May 30, 2024

Kansas City

Vast Holdings, Inc., Tulsa, Oklahoma -- Robert Gregory Kidd, Crystal Bay, Nevada, to acquire voting shares of Vast Holdings, Inc., and thereby indirectly acquire voting shares of Vast Bank, Tulsa, Oklahoma.
Permitted: May 28, 2024

Minneapolis

Clayton Bankshares, Inc., La Crosse, Wisconsin -- The William H. Bosshard Family GST Trust dated December 12, 2023, La Crosse, Wisconsin, Andrew R. Bosshard, La Crosse, Wisconsin, and Joseph W. Bosshard, Boulder, Colorado, as co-trustees, to join the Bosshard Family Group, a group acting in concert, to acquire voting shares of Clayton Bankshares, Inc., and thereby indirectly acquire voting shares of Citizens State Bank--La Crosse, La Crosse, Wisconsin. Co-trustee Andrew R. Bosshard was previously permitted by the Federal Reserve System to join the Bosshard Family Group with regard to control of the voting shares of Clayton Bankshares, Inc., and Citizens State Bank--La Crosse in the capacity as trust protector of the Bosshard Bank Trust.
Permitted: May 31, 2024

North Shore Financial Corporation, Duluth, Minnesota -- Frederick C. Lewis II, Duluth, Minnesota, to retain voting shares of North Shore Financial Corporation and thereby indirectly retain voting shares of North Shore Bank of Commerce, Duluth, Minnesota.
Permitted: May 30, 2024

San Francisco

GBank Financial Holdings Inc., Las Vegas, Nevada -- Alfred Lee Finley and Susan N. Finley, Fort Worth, Texas, to retain and acquire additional voting shares of GBank Financial Holdings Inc. and thereby indirectly acquire shares of GBank, Las Vegas, Nevada. In addition, ALF Operating Partners, Fort Worth, Texas, Alfred Lee Finley, Partner, to join the Finley Family Group, a group acting in concert, to retain voting shares of GBank Financial Holdings Inc. and thereby indirectly retain shares of GBank, Las Vegas, Nevada.
Permitted: May 31, 2024

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Last Update: June 06, 2024