Release dates | Full version (300 KB PDF)
Board Actions | Actions under delegated authority
Applications and reports received:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco

Actions under delegated authority

Actions taken during the week ending August 5, 2017


Bank Branches, Domestic

Richmond
Chesapeake Bank, Kilmarnock, Virginia -- to establish a branch at 2300 Cedarfield Parkway, Richmond.
-Approved, August 3, 2017

Richmond
First Bank, Strasburg, Virginia -- to establish a branch at 5601 Patterson Avenue, Richmond.
-Approved, July 31, 2017

Bank Holding Companies

Atlanta
Charter Financial Corporation, West Point, Georgia -- for Charter Financial Corporation, a savings and loan holding company, to become a bank holding company for a moment in time by merging with Resurgens Bancorp, Tucker, and thereby acquiring Resurgens Bank; to retain ownership of CharterBank, West Point, for the moment in time that it is a bank holding company and thereby engage in operating a savings association; and to become a savings and loan holding company after the merger of Resurgens Bank with and into CharterBank.
-Approved, August 3, 2017

Richmond
First Bancorp, Southern Pines, North Carolina -- to acquire ASB Bancorp, Inc., Asheville, and thereby indirectly acquire Asheville Savings Bank, SSB; and for First Bank, Troy, to merge with Asheville Savings Bank, SSB, and retain the acquired facilities as branches.
-Approved, August 4, 2017

Minneapolis
Kirkwood Bancorporation Co., Bismarck, North Dakota -- to acquire additional shares of Kirkwood Bancorporation of Nevada, Inc., Las Vegas, Nevada, and thereby indirectly increase its control of Kirkwood Bank of Nevada.
-Approved, August 3, 2017

Minneapolis
NATCOM Bancshares, Inc., Superior, Wisconsin -- to acquire shares of Republic Bancshares, Inc., Duluth, Minnesota, and thereby indirectly acquire Republic Bank, Inc.
-Withdrawn, July 31, 2017

Atlanta
Trinity Bancorp, Inc., Dothan, Alabama -- to become a bank holding company by acquiring Trinity Bank, Dothan.
-Approved, August 2, 2017

Extensions of Time

St. Louis
Farmers Bancorp Inc., Blytheville, Arkansas -- extension to December 31, 2017, to acquire Tennessee Bank & Trust (in organization), Nashville, Tennessee.
-Granted, July 31, 2017

St. Louis
Miles Bancshares, Inc., Advance, Missouri -- extension to October 4, 2017, to acquire shares of UBT Bancshares, Inc., Marysville, Kansas, and thereby indirectly acquire United Bank & Trust.
-Granted, August 2, 2017

Director, S&R
Raymond James Financial, Inc., St. Petersburg, Florida -- extensions of time to divest or conform certain merchant banking investments (two requests).
-Granted, August 4, 2017

Financial Holding Companies

Director, S&R
Banco Bilbao Vizcaya Argentaria, S.A., Bilbao, Spain -- election to become a financial holding company.
-Effective, August 1, 2017

Savings and Loan Holding Companies

General Counsel
State Farm Mutual Automobile Insurance Company, Bloomington, Illinois -- request for an exemption to permit an individual to become an institution-affiliated party (twelve requests).
-Granted, August 3, 2017

Philadelphia
Wallkill Valley Bancorp MHC, Wallkill, New York; and Wallkill Valley Bancorp, Inc. -- to become savings and loan holding companies by acquiring Wallkill Valley Federal Savings and Loan Association, Wallkill, following its conversion from a mutual savings association to a stock savings association; and to acquire Hometown Bancorp MHC, Walden, and Hometown Bancorp, Inc., and thereby indirectly acquire Hometown Bank of the Hudson Valley.
-Approved, August 3, 2017

Release dates | Full version (300 KB PDF)
Board Actions | Actions under delegated authority
Applications and reports received:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco