Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
Board Actions PDF
Actions taken during the week ending November 30, 2024
Bank Holding Companies
United Bankshares, Inc., Charleston, West Virginia -- (1) to acquire Piedmont Bancorp, Inc., and thereby indirectly acquire The Piedmont Bank, both of Peachtree Corners, Georgia, and (2) for United Bank, Fairfax, Virginia, to merge with The Piedmont Bank and thereby establish and operate branches.
Approved: November 26, 2024
Enforcement
Heartland Tri-State Bank, Elkhart, Kansas -- consent order of prohibition against Shan Hanes, a former institution-affiliated party.*
Announced: November 21, 2024
*Addition
Other Actions
Report on the Impact of an International Insurance Capital Standard -- approval by the Chair on November 7, 2024, of (1) joint notice of completion of Study and Report to Congress on the Impact on Consumers and Markets in the United States of an International Insurance Capital Standard and (2) request for comment.*
Announced: November 13, 2024
*Addition
Regulations and Policies
Regulatory Review -- interagency notice and request for comment on the third in a series of regulations for review under the Economic Growth and Regulatory Paperwork Reduction Act of 1996, to include the categories of rules of procedure, safety and soundness, and securities.
Approved: November 26, 2024