Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
Board Actions PDF
Actions taken during the week ending December 6, 2025
Bank Holding Companies
Steel Newco Inc. (Steel Newco), Peachtree Corners, Georgia -- (1) to become a bank holding company by merging with Synovus Financial Corp., Columbus, Georgia, and Pinnacle Financial Partners, Inc., Nashville, Tennessee, and thereby indirectly acquiring Synovus Bank, Columbus, Georgia, and Pinnacle Bank,
Nashville, Tennessee, and (2) election by Steel Newco to become a financial holding company.*
Announced: November 25, 2025
*Addition
Enforcement
Synovus Bank, Columbus, Georgia -- consent order of prohibition against Julio A. Gonzalez, a former institution-affiliated party.
Announced: December 5, 2025
Forms
CFPB E -- final Board review to extend with revision the Recordkeeping and Disclosure Requirements Associated with the Consumer Financial Protection Bureau's (CFPB) Regulation E.
Approved: December 4, 2025
FR 2083, FR 2083A, FR 2083B, FR 2083C, FR 2030, FR 2030a, FR 2056, FR 2086, FR 2086a, and FR 2087 -- final Board review to extend without revision the Federal Reserve Membership and Bank Stock Applications.
Approved: December 4, 2025
FR 3054 -- final Board review to extend with revision the United States Currency Program Surveys.
Approved: December 4, 2025
FR BB -- final Board review to extend without revision the Reporting, Recordkeeping, and Disclosure Requirements Associated with Regulation BB.
Approved: December 4, 2025
FR G -- final Board review to extend without revision the Reporting and Disclosure Requirements Associated with Regulation G.
Approved: December 4, 2025
FR V -- final Board review to extend without revision the Recordkeeping and Disclosure Requirements Associated with the Consumer Financial Protection Bureau's (CFPB) and the Board's Regulation V.
Approved: December 4, 2025
FR Y-9 and FR Y-14A/Q/M -- final Board review to extend with revision the Financial Statements for Holding Companies (FR Y-9) and to revise without extension the Capital Assessments and Stress Testing Reports (FR Y-14A/Q/M).
Approved: December 4, 2025
Membership
Pinnacle Bank, Nashville, Tennessee -- (1) to become a member of the Federal Reserve System, and (2) to merge with Synovus Bank, Columbus, Georgia, with Pinnacle Bank as the surviving bank and to establish and operate branches at the location of the main office and branches of Synovus Bank.*
Announced: November 25, 2025
*Addition
Regulations and Policies
Fair Finance Watch/Inner City Press -- petitions for rulemaking.*
Denied: November 26, 2025
*Addition
Future of the Federal Reserve Banks' Check Services -- request for information and comment.
Approved: December 4, 2025
Reserve Bank Services
Federal Reserve Priced Services -- 2026 private-sector adjustment factor and fee schedules for priced services and electronic access.
Approved: December 4, 2025