Board of Governors of the Federal Reserve System

Busey Bank, Champaign, Illinois -- to establish branches at 18655 Claret Drive, Scottsdale, Arizona, and 101 University Boulevard, Denver, Colorado.
Approved: July 25, 2025

Frost Bank, San Antonio, Texas -- to establish branches at 1408 Ranch Road 620 S, Lakeway, Texas, and 13341 West U.S. 290, Austin, Texas.
Approved: July 24, 2025

Manufacturers and Traders Trust Company, Buffalo, New York -- to make certain public welfare investments (two requests).
Approved: July 24, 2025

Cadence Bank, Tupelo, Mississippi -- to make certain public welfare investments (four requests).
Approved: July 22, 2025

Franklin Bancshares, Inc., Meadville, Mississippi -- Danielle R. Bush, individually, and as trustee of the Danielle R. Bush Revocable Trust, both of Bethesda, Maryland; Dorothea Bush Frye and Laurence W. Frye, individually and as co-trustees of the Dorothea Bush Frye Revocable Trust and the Laurence W. Frye Revocable Trust, all of Fort Lauderdale, Florida; to retain voting shares of Franklin Bancshares, Inc., and thereby indirectly retain voting shares of Bank of Franklin, Meadville, Mississippi.
Permitted: July 23, 2025

South Porte Financial Inc., Marion, Illinois -- Winston Throgmorton and Tristan Throgmorton, both of Carbondale, Illinois; and Roderick Throgmorton and Rachel Throgmorton, both of Marion, Illinois; to establish the Throgmorton Family Control Group, a group acting in concert, to retain voting shares of South Porte Financial Inc. and thereby indirectly retain voting shares of SouthernTrust Bank, Marion, Illinois.
Permitted: July 22, 2025

First State Bank of Michigan, Decatur, Michigan -- to become a member of the Federal Reserve System.
Approved: July 24, 2025

Main Index -- request by Bank of America Corporation for a determination regarding an index for purposes of the Board's capital rule.*
Approved: July 15, 2025
*Addition