Board of Governors of the Federal Reserve System

First Vision Bank of Tennessee, Tullahoma, Tennessee -- to establish a branch at 1 Burton Hills Boulevard, Nashville, Tennessee.
Approved: November 5, 2024

First State Bank Nebraska, Lincoln, Nebraska -- to establish a branch at 223 West Fourth Street, Cortland, Nebraska.
Approved: November 8, 2024

First Commerce Bancorp, Inc., Lewisburg, Tennessee -- to acquire outstanding common stock of Peoples Bank of Middle Tennessee, Shelbyville, Tennessee.
Withdrawn: November 7, 2024

SB Financial, Inc., Mount Juliet, Tennessee -- to become a bank holding company by acquiring outstanding shares of Southern Bank of Tennessee, Mt. Juliet, Tennessee.
Withdrawn: November 5, 2024

Producer Acquisition Corp., Beaumont, Texas -- to become a bank holding company by acquiring Powell State Bank, Powell, Texas.
Approved: November 8, 2024

Stockmens Financial Corporation, Rapid City, South Dakota -- to modify certain commitments.
Granted: November 7, 2024

ACNB Corporation and ACNB South Acquisition Subsidiary, both of Gettysburg, Pennsylvania -- waiver of application to acquire Traditions Bancorp and thereby indirectly acquire Traditions Bank, both of York, Pennsylvania, in connection with the merger of Traditions Bank with and into ACNB Bank, Gettysburg, Pennsylvania.
Granted: November 7, 2024

Charles Schwab Bank, SSB, Westlake, Texas -- to make a public welfare investment.*
Approved: October 31, 2024
*Addition

Manufacturers and Traders Trust Company, Buffalo, New York -- to make a public welfare investment.*
Withdrawn: October 29, 2024
*Addition

East West Bank, Pasadena, California -- to make a public welfare investment.
Approved: November 5, 2024

First Horizon Bank, Memphis, Tennessee -- to make a public welfare investment.*
Approved: October 29, 2024
*Addition

PB Bancshares, Inc., Clifton, Tennessee -- JAG 2024 Exempt Trust and JAG 2024 Non-Exempt Trust, Calvin Thomas Gobbell, as trustee of both trusts, all of Clifton, Tennessee, to become a member of the Gobbell Family Control Group, a group acting in concert, to acquire shares of PB Bancshares, Inc., and thereby indirectly control voting shares of Peoples Bank, Clifton, Tennessee.
Permitted: November 7, 2024

Glenwood Bancorporation, Glenwood, Iowa -- Grant C. Dean, Glenwood, Iowa, together with the John C. Dean Grandchildren?s Trust, Grant C. Dean and Larry W. Winum as co-trustees; the Carol C. Dean Grandchildren?s Trust, Grant C. Dean and Larry W. Winum as co-trustees; and the Larry W. Winum Revocable Trust, Larry W. Winum as trustee, all of Glenwood, Iowa, as a group acting in concert, to retain voting shares of Glenwood Bancorporation and thereby indirectly retain voting shares of Glenwood State Bank, Glenwood, Iowa.
Permitted: November 7, 2024

Oxford Bank Corporation, Oxford, Michigan -- Richard K. Thompson, Sterling Heights, Michigan; Thomas J. Hinsberg, Rochester, Michigan; and Robert A. Clemente, West Bloomfield, Michigan, as individuals; Richard K. Thompson Irrevocable Trust 2022, Troy, Michigan, Thomas J. Hinsberg, Rochester, Michigan, as trustee; OJT Irrevocable Trust, Troy, Michigan, Robert A. Clemente, West Bloomfield, Michigan, as trustee, to retain voting shares of Oxford Bank Corporation and thereby indirectly retain voting shares of Oxford Bank, Oxford, Michigan.
Permitted: November 7, 2024

University Bancorp, Inc., Ann Arbor, Michigan -- Stephen Lange Ranzini as trustee of the Stephen Lange Ranzini Inherited IRA, Ann Arbor, Michigan; Stephen Lange Ranzini Inherited IRA, Ann Arbor, Michigan; Joseph Lange Ranzini as trustee of the Joseph Lange Ranzini IRA, Waynesboro, Virginia; Joseph Lange Ranzini IRA, Waynesboro, Virginia; Paul Lange Ranzini, Meunster, Germany; David William Ranzini, Tokyo, Japan; Gregory Paul Ranzini, Wilmington, Delaware; Holly Ann Clare, Atlanta, Georgia; Emily Elizabeth Hu, Washington, D.C.; Jonathan Paul Hu, Princeton, New Jersey; and Abigail Raffaela Hu, Princeton, New Jersey, to join the Ranzini Family Group, a group acting in concert, to retain voting shares of University Bancorp, Inc., and thereby indirectly retain voting shares of University Bank, Ann Arbor, Michigan.
Permitted: November 7, 2024

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

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

Regulation I (Issue and Cancellation of Federal Reserve Bank Capital Stock) -- final rule to apply an inflation adjustment to the asset threshold at which banks are subject to different dividend rates for their Federal Reserve Bank stock.
Approved: November 4, 2024

Magnolia Bancorp, Inc., Metairie, Louisiana -- to become a savings and loan holding company by acquiring Mutual Savings and Loan Association, Metairie, Louisiana, in connection with the mutual-to-stock conversion of Mutual Savings and Loan Association.
Approved: November 8, 2024