Board of Governors of the Federal Reserve System

Whitaker Bank, Lexington, Kentucky -- to establish a branch at 100 May Boulevard, Danville, Kentucky.*
Approved: May 30, 2024
*Addition

Citigroup Inc., New York, New York -- termination of certain commitments.
Granted: June 4, 2024

Four States Bancshares, Inc., Carthage, Missouri -- to become a bank holding company by acquiring Four States Bank, Carthage, Missouri, a bank in formation.
Approved: June 7, 2024

WNB Holding Company, Winona, Minnesota -- to engage de novo in making loans and other extensions of credit.
Approved: June 3, 2024

UBS AG, Zurich, Switzerland -- to establish a branch in New York, New York, as a result of the merger of UBS AG with Credit Suisse AG, Zurich, Switzerland, prior to final Board action on UBS AG's application to establish this branch in the United States.*
Approved: May 29, 2024
*Addition

Greenfield Bancorporation, Ltd., Greenfield, Iowa -- The Jim and Peggy Scott Trust, James L. Scott and Peggy A. Scott as co-trustees, all of Fontanelle, Iowa; together with Brad A. Lydon and Jana F. Lydon, both of Fontanelle, Iowa; and Jessica C. Christensen and Joshua J. Christensen, both of Greenfield, Iowa, together as a group acting in concert, to retain control of the voting shares of Greenfield Bancorporation, Ltd., and thereby indirectly control Union State Bank, Greenfield, Iowa.
Permitted: June 6, 2024

First West Texas Bancshares, Inc., Midland, Texas -- David Lynn Davis, as the executor of the Estate of Michael Keith Davis and as trustee of the Michael K. Davis Family Trust and the Michael K. Davis Marital Trust; Nicholas Andrew Davis, as trustee of the Nicholas Andrew Davis Exempt GST Trust and the Nicholas Andrew Davis Non-Exempt GST Trust; Eric Ryan Davis, individually and as trustee of the Eric R. Davis Exempt GST Trust and the Eric R. Davis Non-Exempt GST Trust; and Richard Dell Hatchett, all of Midland, Texas; Sandra Davis Maddox; Jeffrey Lyle Maddox, as trustee of the Jeffrey L. Maddox Exempt GST Trust and the Jeffrey L. Maddox Non-Exempt GST Trust; and Amber Lynette Klimczak, as trustee of the Amber L. Maddox Exempt GST Trust and the Amber L. Maddox Non-Exempt GST Trust, all of Dallas, Texas; Brian Lee Maddox, as executor of the Estate of Lori Davis Winter, and as trustee of the Brian L. Maddox Exempt GST Trust and the Brian L. Maddox Non-Exempt GST Trust; Alexander Nolan Davis; and Christopher Lane Maddox, as trustee of the Christopher L. Maddox Exempt GST Trust and the Christopher L. Maddox Non-Exempt GST Trust, all of Houston, Texas; Amy Louise Patyk, as trustee of the Amy L. Maddox Exempt GST Trust and the Amy L. Maddox Non-Exempt GST Trust, all of Fort Worth, Texas; Dawn Marie Belizaire, as trustee of the Dawn M. Davis Exempt GST Trust and the Dawn M. Davis Non-Exempt GST Trust, all of Jamaica Plain, Massachusetts; Matthew Lynn Davis, as trustee of the Matthew L. Davis Exempt GST Trust and the Matthew L. Davis Non-Exempt GST Trust, all of Coppell, Texas; and Randall Keith Moore of Slaton, Texas; to join the Davis/Maddox family group, a group acting in concert previously cleared on September 28, 2020, and January 25, 2024, to acquire control of First West Texas Bankshares, Inc., and indirectly, West Texas National Bank, Midland, Texas.
Permitted: June 6, 2024

CitizensAda Financial Corporation, Ada, Oklahoma -- Karen C. Smith, Ada, Oklahoma, to retain voting shares of CitizensAda Financial Corporation and thereby indirectly retain voting shares of Citizens Bank of Ada, Ada, Oklahoma, and to join the Smith Family Group, a group acting in concert.
Permitted: June 6, 2024

Community Bancshares, Inc., Kingman, Arizona -- Krystal Burge, Kingman, Arizona, individually; Everett Burge, Kingman, Arizona, individually; The Burge Living Trust Dated September 28, 1994, Krystal Burge and Everett Burge, trustees, Kingman, Arizona; Amber Kay Burge, Kingman, Arizona; Chad Everett Burge, Prescott, Arizona; Everett Burge Dynasty Trust, Krystal Burge and Everett Burge, trustees, Kingman, Arizona; Aaron Dean Dynasty, LLC, Krystal Burge and Everett Burge, Managing Directors, Kingman, Arizona; Tiffany Rae Zee Burge or Tiffany Oder, Paradise Valley, Arizona; Mark Peterson, Paradise Valley, Arizona, individually; Kara Peterson, Paradise Valley, Arizona, individually; The M & K Peterson Living Trust Dated November 17, 1998 and Any Amendments Thereto, Mark T. Peterson and Kara E. Peterson, trustees, Paradise Valley, Arizona; and The Kara Peterson Dynasty Trust, Mark T. Peterson and Kara E. Peterson, trustees, Paradise Valley, Arizona; together, the Burge-Peterson Family Control Group, a group acting in concert, to acquire additional voting shares of Community Bancshares, Inc., and thereby indirectly acquire voting shares of Mission Bank, Kingman, Arizona.
Withdrawn: June 4, 2024

Morgan Stanley, New York, New York -- extension of time to conform or divest a merchant banking investment.*
Granted: May 30, 2024
*Addition

Timberline Bancorporation, Aspen, Colorado -- election to become a financial holding company.
Effective: June 5, 2024

The PNC Financial Services Group, Inc., Pittsburgh, Pennsylvania -- notice under 12 CFR 211.9(f) for Harris Williams UK Holdings LLC to invest in Harris Williams & Co. Ltd., London, England, and Harris Williams & Co. Corporate Finance Advisors GmbH, Frankfurt, Germany.*
Reviewed and no objection: May 21, 2024
*Addition

Bank Term Funding Program -- report to Congress under section 13(3) of the Federal Reserve Act.
Approved: June 7, 2024

Lending and Liquidity Facilities -- reports to Congress under section 13(3) of the Federal Reserve Act in response to COVID-19.
Approved: June 7, 2024

Merchants Bancorp, Carmel, Indiana -- request to treat a credit-linked-note transaction and certain substantially identical credit-linked-note transactions as synthetic securitizations under Regulation Q.
Approved: June 5, 2024