Board of Governors of the Federal Reserve System

Needham Bank, Needham, Massachusetts -- to establish a branch at 16 Artisan Drive, Salem, New Hampshire.
Approved: May 4, 2026

Carter Bank and Trust, Martinsville, Virginia -- to establish a branch at 301 North Main Street, Greenville, South Carolina.
Approved: May 6, 2026

United Community Bank, Greenville, South Carolina -- to establish a branch at 2015 Blowing Rock Road, Boone, North Carolina.
Approved: May 6, 2026

Southern Bank, Poplar Bluff, Missouri -- to establish a branch at 8101 West 135th Street, Overland Park, Kansas.
Approved: May 6, 2026

Community Financial System, Inc., Syracuse, New York -- waiver of filing requirement under section 4 of the Bank Holding Company Act for Community Financial System, Inc., to indirectly acquire ClearPoint Federal Bank & Trust, Batesville, Indiana, a privately held, nationally chartered savings association, in connection with the merger of ClearPoint Federal Bank & Trust with and into Community Bank, National Association, Canton, New York.
Granted: May 4, 2026

OceanFirst Financial Corp. (OceanFirst), Toms River, New Jersey -- request for reconsideration of the Board's approval for OceanFirst to acquire and merge with Flushing Financial Corporation and thereby indirectly acquire Flushing Bank, both of Uniondale, New York.
Denied: May 6, 2026

CIBC Bank USA, Chicago, Illinois -- to make public welfare investments (two requests).
Approved: May 5, 2026

Fryburg Banking Company Inc., Fryburg, Pennsylvania -- Russell A. Weaver II and Sandra M. Weaver, both of Shippenville, Pennsylvania, and Wanda K. Weaver-Marshall, Venus, Pennsylvania, to form the Weaver Family Control Group, a group acting in concert, to retain voting shares of Fryburg Banking Company Inc. and thereby indirectly retain voting shares of First United National Bank, Fryburg, Pennsylvania.
Permitted: May 7, 2026

Norton Bankshares, Inc., Norton, Kansas -- Todd Davidson, Salina, Kansas, and N. Terry Nelson, Long Island, Kansas, as co-trustees of the N. Terry Nelson Trust No. 7 (Trust No. 7), Long Island, Kansas; Clarke S. Nelson, Stanton D. Nelson, and Janet Sell, all of Long Island, Kansas; John P. Engelbert, Norton, Kansas; Todd Davidson and N. Terry Nelson, as co-trustees of the Stanton D. Nelson Trust No. 2 (Stanton Trust No. 2), Long Island, Kansas; and Todd Davidson, N. Terry Nelson, Clarke S. Nelson, Stanton D. Nelson, Janet Sell, and John P. Engelbert as co-trustees of the Clarke S. Nelson Trust No. 2 (Clarke Trust No. 2), Long Island, Kansas, to join the Nelson Family Control Group (NFCG), a group acting in concert, to retain voting shares of Norton Bankshares, Inc. (NBI), and thereby indirectly retain voting shares of The First State Bank (FSB), Norton, Kansas. In addition, the John P. Engelbert Trust No. 1, John P. and Pamela K. Engelbert, as co-trustees, all of Norton, Kansas, and Jared and McKenzie Engelbert, both of Holdrege, Nebraska, to join the NFCG and retain voting shares of NBI and thereby indirectly retain voting shares of FSB. Finally, Trust No. 7 to acquire additional voting shares of NBI and thereby indirectly acquire additional voting shares of FSB. Trust No. 7, Stanton Trust No. 2, the Clarke Trust No. 2, and all of the aforementioned co-trustees, excluding Todd Davidson, are members of the NFCG and were each previously permitted by the Federal Reserve System to acquire voting shares of NBI. Trust No. 7, Stanton Trust No. 2, the Clarke Trust No. 2, and all of the aforementioned co-trustees, excluding Todd Davidson, are members of the NFCG and were each previously permitted by the Federal Reserve System to acquire voting shares of NBI.
Permitted: May 8, 2026

Chandler Bancshares, Inc., Chandler, Minnesota -- Vicki Clark, Lake Placid, Florida; Ann Carda, Saint Louis Park, Minnesota; and Thomas Clark, Sioux Center, Iowa, to join the Clark Family Control Group, a group acting in concert, to retain voting shares of Chandler Bancshares, Inc., through joint ownership of the shares with Lonnie Clark, Chandler, Minnesota, and thereby indirectly retain voting shares of State Bank of Chandler, Chandler, Minnesota. Lonnie Clark is a member of the Clark Family Control Group and was previously permitted by the Federal Reserve System to acquire voting shares of Chandler Bancshares, Inc., in his individual capacity.
Permitted: May 7, 2026

Security Financial Services Corporation, Durand, Wisconsin -- the Maya J. Smith Irrevocable Trust dated December 14, 2022, and the Zoie M. Smith Irrevocable Trust dated December 14, 2022, to join the Bauer Family Shareholder Group, a group acting in concert, to retain voting shares of Security Financial Services Corporation and thereby indirectly retain voting shares of Security Financial Bank, Durand, Wisconsin. Tad M. Bauer, the trustee of the Trusts, was previously approved by the Federal Reserve System to join the Bauer Family Shareholder Group in his individual capacity. Tad M. Bauer, the trustee of the Trusts, was previously approved by the Federal Reserve System to join the Bauer Family Shareholder Group in his individual capacity.
Permitted: May 8, 2026

JPMorgan Chase & Co., New York, New York -- extension of time to conform or divest a merchant banking investment.
Granted: May 4, 2026

CRB Group, Fort Lee, New Jersey -- election to become a financial holding company.
Effective: May 8, 2026

Lending and Liquidity Facilities -- reports to Congress under section 13(3) of the Federal Reserve Act in response to COVID-19.
Approved: May 8, 2026