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 November 30, 2024
Bank Holding Companies
Chicago
SolvTrust Financial Corporation, Melrose Park, Illinois -- to become a bank holding company by acquiring American Bancorp of Illinois, Oak Brook, Illinois, and thereby indirectly acquire Pan American Bank and Trust, Melrose Park, Illinois.
Approved: November 25, 2024
Dallas
FirstSun Capital Bancorp, Denver, Colorado -- to merge with Homestreet, Inc., and thereby indirectly acquire Homestreet Bank, both of Seattle, Washington.*
Withdrawn: November 19, 2024
*Addition
Bank Mergers
Dallas
Sunflower Bank, National Association, Dallas, Texas -- to merge with HomeStreet Bank, Seattle, Washington, and to establish branches at the locations of HomeStreet Bank's main office and branches; and upon conversion from a national bank to a state-chartered bank, to retain membership in the Federal Reserve System.*
Withdrawn: November 19, 2024
*Addition
Banks, State Member
New York
Goldman Sachs Bank USA, New York, New York -- to make a public welfare investment.
Withdrawn: November 26, 2024
Regulations and Policies
Director, S&R
Report to Congress -- interagency report on differences in accounting and capital standards among the federal banking agencies as of September 30, 2024.*
Approved: November 21, 2024
*Addition