Actions under delegated authority PDF

Actions taken during the week ending August 2, 2025

Bank Branches, Domestic
New York

Metropolitan Commercial Bank, New York, New York -- to establish a branch at 311 Boulevard of the Americas, Lakewood, New Jersey.
Approved: July 31, 2025

Bank Holding Companies
Chicago

UIR Acceptance Corporation, Lemont, Illinois -- to become a bank holding company by acquiring Easton Bancshares, Inc., and thereby indirectly acquiring Community Bank of Easton, both of Easton, Illinois.
Approved: July 31, 2025

Dallas

Safehands Capital Holdings, Inc., Southlake, Texas -- to become a bank holding company by acquiring Quanah Financial Corporation and thereby indirectly acquiring First Capital Bank, both of Quanah, Texas.
Withdrawn: July 28, 2025

Kansas City

Topeka Bancorp, Inc., Topeka, Kansas -- termination of a commitment.
Granted: July 28, 2025

Richmond

Miners and Merchants Bancorp, Inc., Grundy, Virginia -- to acquire First Community Corporation and thereby indirectly acquire First Community Bank (FCB) of East Tennessee, both of Rogersville, Tennessee. Additionally, TruPoint Bank, Grundy, Virginia, to merge with FCB of East Tennessee and thereby operate FCB of East Tennessee's branches.
Approved: July 31, 2025

Banks, State Member
Dallas

Charles Schwab Bank, SSB, Westlake, Texas -- to make a public welfare investment.
Approved: July 30, 2025

Change in Bank Control
Atlanta

Peoples Bancshares of Tennessee, Inc., Madisonville, Tennessee -- C. Paul Harrison, Mary Harrison, and Max W. Waibel, all of Knoxville, Tennessee; John Harrison, Celia Harrison, Charles Allen Harrison, and Dorothy Barr, all of Philadelphia, Tennessee; Steve Harrison, Beverly Harrison, and Rebecca Harrison Dyer, all of Loudon, Tennessee; to form the Harrison Family Control Group, a group acting in concert, to retain voting shares of Peoples Bancshares of Tennessee, Inc., and thereby indirectly retain voting shares of Peoples Bank of East Tennessee, Madisonville, Tennessee.
Permitted: July 28, 2025

Kansas City

Plains Bancshares, Inc., Plains, Kansas -- Brady Larson, Larson Ranch LLC, both of Leoti, Kansas; Kathryn Century Trust, C3K Holdings, LLC, both of Atlanta, Georgia; and The ABC Giles Irrevocable Trust, Byers, Kansas; to become members of the Clawson Family Control Group, a group acting in concert, to retain voting shares of Plains Bancshares, Inc., and thereby indirectly retain voting shares of Bank of the Plains, Plains, Kansas.
Permitted: July 30, 2025

Minneapolis

Farmers State Corporation, Mankato, Minnesota -- the Susan G. Sneer GST Exempt Family Trust, James G. Sneer and Stuart J. Sneer as co-trustees, all of Mankato, Minnesota; to join the Sneer Family Shareholder Group, a group acting in concert, to retain voting shares of Farmers State Corporation, Mankato, Minnesota, and thereby indirectly retain voting shares of United Prairie Bank, Mountain Lake, Minnesota.
Permitted: July 29, 2025

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Last Update: August 07, 2025