Board Actions PDF

Actions taken during the week ending February 15, 2025

Bank Holding Companies

ChoiceOne Financial Services, Inc., Sparta, Michigan -- to merge with Fentura Financial, Inc., and thereby indirectly acquire The State Bank, both of Fenton, Michigan, and for ChoiceOne Bank, Sparta, Michigan, to merge with The State Bank and establish and operate branches at The State Bank's locations.
Approved: February 11, 2025

CSBH, LLC, Powhatan, Virginia -- to acquire voting shares of Industry Bancshares, Inc. (Industry), Industry, Texas, and thereby indirectly acquire control of Industry's subsidiary banks: Industry State Bank, Industry, Texas; Bank of Brenham, National Association, Brenham, Texas; Fayetteville Bank, Fayetteville, Texas; The First National Bank of Shiner, Shiner, Texas; Citizens State Bank, Buffalo, Texas; and The First National Bank of Bellville, Bellville, Texas.
Approved: February 11, 2025

WesBanco, Inc., Wheeling, West Virginia -- to acquire Premier Financial Corporation, Defiance, Ohio, and thereby indirectly acquire Premier Bank, Youngstown, Ohio.
Approved: February 11, 2025

Enforcement

Wells Fargo & Company, San Francisco, California -- (1) termination of cease-and-desist order dated April 13, 2011, as amended on February 28, 2013, and (2) with Wells Fargo Financial, Inc., Des Moines, Iowa, termination of cease-and-desist order dated July 20, 2011.*
Announced: February 4, 2025
*Addition

Last Update: February 20, 2025