Board of Governors of the Federal Reserve System

M C Bank & Trust Company, Morgan City, Louisiana -- to establish a branch at 601 Poydras Street, New Orleans, Louisiana.
Approved: May 28, 2026

Frost Bank, San Antonio, Texas -- to establish a branch at 2575 West Camp Wisdom Road, Grand Prairie, Texas.
Approved: May 27, 2026

Atlantic Union Bank, Richmond, Virginia -- to establish a branch at 4004 Boston Street, Baltimore, Maryland, and at 1000 Village Market Place, Morrisville, North Carolina.
Approved: May 26, 2026

Westamerica Bank, San Rafael, California -- to establish a branch at 2453 East Lacey Boulevard, Hanford, California.
Approved: May 29, 2026

CMG Bancorp, Inc., Madison, Wisconsin (formerly Greenwoods Financial Group, Inc., Lake Mills, Wisconsin) -- to acquire Farmer's Savings Bank, Mineral Point, Wisconsin.
Approved: May 28, 2026

GreatAmerica Holdings, Inc., Cedar Rapids, Iowa -- (1) to become a bank holding company by acquiring Heritage Bank, Marion, Iowa, and merging with GreatAmerica Interim National Bank, Cedar Rapids, Iowa, and (2) to engage in certain nonbanking activities pursuant to section 225.28(b) of Regulation Y.
Approved: May 28, 2026

University Bancorp, Inc., Ann Arbor, Michigan -- to merge with Greater Pacific Bancshares, Whittier, California (which, prior to consummation, will re-domicile as a Michigan corporation), and thereby indirectly acquire Bank of Whittier, National Association, Whittier, California.
Approved: May 27, 2026

The Bank of Nova Scotia, Toronto, Canada -- relief from certain commitments.
Approved: May 28, 2026

Bethany Bankshares, Inc., Bethany, Missouri -- waiver of filing requirement under section 3 of the Bank Holding Company Act for Bethany Bankshares, Inc., to acquire and merge with Bancshares of Glasgow, Inc., and thereby indirectly acquire Tri-County Trust Company, both of Glasgow, Missouri, in connection with the merger of Tri-County Trust Company with and into BTC Bank, Bethany, Missouri.*
Granted: May 21, 2026
*Addition

GEBSCO, Inc., Mondovi, Wisconsin -- to acquire Rushford State Bank (Incorporated), Rushford, Minnesota.
Approved: May 28, 2026

Bank CMG, Madison, Wisconsin -- to merge with Farmers Savings Bank, Mineral Point, Wisconsin, and thereby establish branches.
Approved: May 28, 2026

CIBC Bank USA, Chicago, Illinois -- to make public welfare investments (two requests).
Approved: May 27, 2026

Western Alliance Bank, Phoenix, Arizona -- to make a public welfare investment.
Approved: May 28, 2026

CommerceOne Financial Corporation, Birmingham, Alabama -- C1B Shares LLC, Bill Smith as manager, both of Birmingham, Alabama; Bill Ira Smith Family 2025 Irrevocable Trust, Bridgeford Trust Company, LLC, as trustee, both of Pierre, South Dakota; Bill Smith, as investment advisor, and Arlington Trust Company, LLC, as trust protector, both of Birmingham, Alabama; Bill and Pam Smith Foundation, Inc., Birmingham, Alabama; Jeffrey L. Smith 2014 Irrevocable Trust, Bill Smith, as trustee, and Arlington Trust Company, LLC, as trust protector, all of Birmingham, Alabama; Bill Smith Roth IRA, Pamela Smith Roth IRA, both of Birmingham, Alabama; Shirley E. Smith 2014 Irrevocable Trust, Mountain Brook, Alabama; Jeff Smith, as trustee, Arlington Trust Company, LLC, as trust protector, both of Birmingham, Alabama; Pamela Smith and Keith Jeffrey Smith, both of Birmingham, Alabama; Jennifer Conner Smith, Homewood, Alabama; and certain minor children, Bill Smith, Birmingham, Alabama, as custodian; to join the Bill Smith Family Control Group, a group acting in concert, to retain voting shares of CommerceOne Financial Corporation, and thereby indirectly retain voting shares of CommerceOne Bank, Birmingham, Alabama. Bill Smith was previously permitted by the Federal Reserve System to acquire voting shares of CommerceOne Financial Corporation in his individual capacity.
Permitted: May 29, 2026

First Holding Company of Cavalier, Inc., Cavalier, North Dakota -- Gregory P. Mayo, Fargo, North Dakota, to retain voting shares of First Holding Company of Cavalier, Inc. (Company), and thereby indirectly retain voting shares of United Valley Bank (Bank), both of Cavalier, North Dakota. Additionally, the Barbara J. Mayo 2020 GST Trust, Barbara J. Mayo, as trustee, both of Fargo, North Dakota, to join the Mayo Family Shareholder Group to acquire shares of Company and thereby indirectly acquire shares of Bank.
Permitted: May 26, 2026

JPMorgan Chase & Co., New York, New York -- extension of time to divest or conform a merchant banking investment.
Granted: May 28, 2026

FEB Bancshares, Inc., Mobile, Alabama -- election to become a financial holding company.
Effective: May 29, 2026

Citizens Financial Group, Inc., Providence, Rhode Island -- to make certain capital distributions under the capital plan rule.*
Approved: May 12, 2026
*Addition