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 September 5, 2026
Bank Branches, Domestic
Richmond
Legacy Bank, Grundy, Virginia -- to establish a branch at 1001 Leatherwood Lane, Bluefield, Virginia.
Approved: September 3, 2026
San Francisco
Westamerica Bank, San Rafael, California -- to establish a branch at 3130 Crow Canyon Place, San Ramon, California.
Approved: September 3, 2026
St. Louis
First Horizon Bank, Memphis, Tennessee -- to establish a branch at 12420 Gulf Freeway, Houston, Texas.
Approved: September 1, 2026
Bank Holding Companies
Chicago
Bank First Corporation, Manitowoc, Wisconsin -- waiver of filing requirement under section 3 of the Bank Holding Company Act to merge with PSB Holdings, Inc. (PSB), and thereby indirectly acquire PSB's subsidiary nonmember bank, Peoples State Bank, both of Wausau, Wisconsin, in connection with the merger of Peoples State Bank with and into Bank First, Manitowoc, Wisconsin.
Granted: August 31, 2026
Cleveland
Community Partners Bancorp, Inc., Deshler, Ohio -- to become a bank holding company by acquiring The Corn City State Bank, Deshler, Ohio.
Approved: September 2, 2026
Dallas
Legend Bancorp, Inc., Bowie, Texas -- to acquire Graham Savings Financial Corporation and thereby indirectly acquire Graham Savings and Loan, SSB, both of Graham, Texas, and thereby engage in operating a savings association pursuant to section 225.28(b)(4)(ii) of Regulation Y.*
Approved: August 24, 2026
*Addition
Longhorn Medical Holdings, Inc., Tyler, Texas -- to become a bank holding company by acquiring Robert Lee Bancshares, Inc., and thereby indirectly acquiring Robert Lee State Bank, both of Robert Lee, Texas.
Approved: September 1, 2026
General Counsel
Cambridge Financial Group, Inc. (CFG), Cambridge, Massachusetts -- waiver of filing requirement under section 4 of the Bank Holding Company Act to acquire First Seacoast Bancorp, Inc. (First Seacoast), a savings and loan holding company, and indirectly acquire First Seacoast's federal savings bank subsidiary, First Seacoast Bank, both of Dover, New Hampshire, in connection with the merger of First Seacoast Bank with and into CFG's state nonmember bank subsidiary, Cambridge Savings Bank, Cambridge, Massachusetts.
Granted: September 1, 2026
Kansas City
Citizens Bancshares, Inc., ESOP, Edmond, Oklahoma -- to acquire shares of Citizens Bancshares, Inc., and thereby indirectly acquire shares of The Citizens Bank of Edmond, both of Edmond, Oklahoma.
Approved: September 1, 2026
San Francisco
Column Holdings Inc., Wilmington, Delaware -- (1) to become a bank holding company by acquiring Column National Association, Salt Lake City, Utah, and (2) election to become a financial holding company.
Approved: September 4, 2026
Banks, State Member
Chicago
CIBC Bank USA, Chicago, Illinois -- to make a public welfare investment.
Approved: September 4, 2026
St. Louis
Renasant Bank, Tupelo, Mississippi -- to make a public welfare investment.
Approved: September 3, 2026
Change in Bank Control
Chicago
Greene Investment Co., Jefferson, Iowa -- Jennifer Garst Family Trust UW dated March 8, 2022, Iowa State Bank as trustee, both of Des Moines, Iowa, and Elizabeth Garst, Coon Rapids, Iowa, as trust investment director, to join the Garst Family Control Group, a group acting in concert, to retain voting shares of Greene Investment Co. and thereby indirectly retain voting shares of Home State Bank, Jefferson, Iowa, and Racoon Valley Bank, Perry, Iowa.
Permitted: September 4, 2026
Kansas City
Country Bank Shares, inc., Milford, Nebraska -- Gregory A. Dunlap Revocable Trust, Gregory Dunlap and Jessica Dunlap as co-trustees, all of Milford, Nebraska, to join the Dunlap Family Control Group, a group acting in concert, to acquire voting shares of Country Bank Shares, Inc., and thereby indirectly acquire voting shares of Farmers and Merchants Bank, Milford, Nebraska. Gregory Dunlap is a member of the Dunlap Family Group and was previously permitted by the Federal Reserve System to acquire voting shares of Country Bank Shares, Inc.
Permitted: September 2, 2026
Financial Holding Companies
Richmond
CBB Financial Corp., Midlothian, Virginia -- election to become a financial holding company.
Effective: September 3, 2026
Savings and Loan Holding Companies
General Counsel
Midland Financial Co. (Midland), Oklahoma City, Oklahoma -- waiver of filing requirement under section 3 of the Bank Holding Company Act for the George J. & Nancy J. Records 1990 Irrevocable Trust, the Martha Records Family 1997 GST Exemption Trusts, the Ryan Family Security Trust, the G. Jeffrey Records, Jr. 2003 Family Trust, the G. Jeffrey Records, Jr. 2004 Family Trust (KRR), the G. Jeffrey Records, Jr. 2004 Family Trust (MER), the Kathryn R. Ryan 2007 GST Exempt Family Trust, the G. Jeffrey Records, Jr. 2008 GST Exempt Family Trust, the Martha E. Records 2009 GST Exempt Family Trust, the Kathryn R. Ryan 2012 Family Trust, the 2012 Dorchester Trust, the G. Jeffrey Records, Jr. 2020 Family Trust, the Martha E. Records 2020 Family Trust, and the Kathryn R. Ryan 2020 Family Trust (collectively, the Records Trusts), all savings and loan holding companies, and Midland, a savings and loan holding company controlled by the Records Trusts, to acquire Park Cities Financial Group, Inc. (Park Cities), and its subsidiary national bank, Dallas Capital Bank, National Association (Dallas Capital), both of Dallas, Texas, in connection with the merger of Park Cities and Dallas Capital with and into Midland and its subsidiary federal savings bank, Mid-First Bank, Oklahoma City, Oklahoma.*
Granted: August 27, 2026
*Addition