Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
Actions under delegated authority PDF
Actions taken during the week ending April 4, 2026
Bank Branches, Domestic
Boston
Needham Bank, Needham, Massachusetts -- to establish a branch at 111 Huntington Avenue, Boston, Massachusetts.
Approved: April 3, 2026
St. Louis
1NB Bank, Carlyle, Illinois -- to establish a branch at 1610 North Kingshighway Street, Cape Girardeau, Missouri.
Approved: April 3, 2026
OakStar Bank, Springfield, Missouri -- to establish a branch at 2000 South Springfield Avenue, Bolivar, Missouri.
Approved: April 1, 2026
Bank Holding Companies
Atlanta
Anchor Bancorp, Inc., Palm Beach Gardens, Florida -- commitment relief request.
Granted: March 30, 2026
Dallas
CSBL Acquisition, Inc., San Antonio, Texas -- to become a bank holding company by acquiring Luling Bancshares, Inc., and thereby acquiring Citizens State Bank of Luling, both of Luling, Texas.
Approved: March 30, 2026
LevelField Financial, Inc., Houston, Texas -- to become a bank holding company by acquiring Burling Bank, Chicago, Illinois.
Withdrawn: March 30, 2026
San Francisco
CVB Financial Corp. (CVB), Ontario, California -- waiver of filing requirement under section 3 of the Bank Holding Company Act for CVB to acquire Heritage Commerce Corp and thereby indirectly acquire its subsidiary state member bank, Heritage Bank of Commerce, both of San Jose, California, in connection with the merger of Heritage Bank of Commerce with and into Citizens Business Bank, National Association, Ontario, California.
Granted: March 30, 2026
Banks, State Member
Atlanta
Pinnacle Bank, Nashville, Tennessee -- to make a public welfare investment.
Withdrawn: March 30, 2026
Chicago
Ally Bank, Sandy, Utah -- to make a public welfare investment (two requests).
Approved: March 30, 2026
Change in Bank Control
Chicago
Devon Bancorp, Inc., Chicago, Illinois -- Donna W. Loundy Revocable Trust dated December 31, 2012, Donna Loundy as trustee, both Glenview, Illinois; Joseph G. Loundy Trust, Joseph Loundy as trustee, both of Chicago, Illinois; Daniel Loundy, Ingleside, Illinois; Alexander Loundy, Glencoe, Illinois; Samuel Loundy, Glencoe, Illinois; Ari Loundy, Chicago, Illinois; Ronen Loundy, Kenosha, Wisconsin; Elan Loundy, Boulder, Colorado; Irving Loundy, Chicago, Illinois; LFI Glenview, LLC, Glenview, Illinois; and David J. Loundy Discretionary Trust and David J. Loundy Trust, David Loundy as trustee, and David Loundy, all of Glencoe, Illinois, a group acting in concert, to retain voting shares of Devon Bancorp, Inc., and thereby indirectly retain voting shares of Devon Bank, Chicago, Illinois.
Permitted: March 31, 2026
Peoples Bancorp, Inc., Prairie du Chien, Wisconsin -- Michael White, Galena, Illinois; The TCW Living Trust dated October 23, 2024, Tucson, Arizona; Timothy C. White, individually and as trustee of The TCW Living Trust dated October 23, 2024, Tucson, Arizona; Kerry Hipenbecker, Venice, Florida; Kim White-Barrow, Haines City, Florida; Britt White, Galena, Illinois; Eric White, Galena Illinois; Bryan White, Apple Valley, Minnesota; Kevin Pederson, Brecksville, Ohio; Howard Barrow III, Woodbridge, Virginia; Elinor Domes, Lugoff, South Carolina; Anne Barrow, Henrico, Virginia; and Katheryn Barrow David, Williamsburg, Virginia, to form the White Family Control Group, a group acting in concert, to retain voting shares of Peoples Bancorp, Inc., and thereby indirectly retain voting shares of Peoples State Bank, Prairie du Chien, Wisconsin.
Permitted: March 31, 2026
Philadelphia
Sabine Bancshares, Inc., Many, Louisiana -- Kenneth R. Lehman, Fort Lauderdale, Florida, to acquire voting shares of Sabine Bancshares, Inc., and thereby indirectly acquire voting shares of Sabine State Bank and Trust Company, Many, Louisiana.
Permitted: March 31, 2026
Savings and Loan Holding Companies
Secretary
Dollar Mutual Bancorp, Pittsburgh, Pennsylvania -- charter reissuance, pursuant to section 239.14(c) of Regulation MM.*
Authorized: March 27, 2026
*Addition
Supervision and Regulation
Director, S&R
Huntington Bancshares, Incorporated, Columbus, Ohio -- to make certain capital distributions under the capital plan rule.
Approved: March 31, 2026