Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
Board Actions PDF
Actions taken during the week ending September 26, 2026
Bank Holding Companies
BancFirst Corporation, Oklahoma City, Oklahoma -- (1) to acquire and merge with Spirit BankCorp, Inc., Bristow, Oklahoma, and thereby indirectly acquire, SpiritBank, Tulsa, Oklahoma, and (2) for BancFirst, Oklahoma City, Oklahoma, to merge with SpiritBank and thereby establish and operate branches at the locations of SpiritBank.
Announced: September 22, 2026
Peoples Bancorp Inc., Marietta, Ohio -- (1) to merge with Citizens National Corporation and thereby indirectly acquire Citizens Bank of Kentucky, Inc. (Citizens Bank), both of Paintsville, Kentucky, and (2) for Peoples Bank, Marietta, Ohio, to merge with Citizens Bank and thereby establish and operate branches at the locations of Citizens Bank.
Announced: September 25, 2026
Enforcement
Sandy Spring Bank, Olney, Maryland -- consent order of prohibition against Renee Nicole Brown, a former institution-affiliated party.
Announced: September 24, 2026
Regulations and Policies
Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) -- notice of proposed rulemaking and request for comment to establish application procedures for Board-supervised insured depository institutions seeking approval for a subsidiary to issue payment stablecoins.
Approved: September 24, 2026
Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) -- notice of proposed rulemaking and request for comment to implement (1) provisions of the GENIUS Act with respect to permitted payment stablecoin issuers (PPSIs) and certain other entities that are subject to the Board's jurisdiction and (2) the GENIUS Act's prohibition on tying generally applicable to all PPSIs.
Approved: September 24, 2026
Supervision and Regulation
Resolution Plans -- joint feedback letters on the October 2025 resolution plans submitted by 15 banking organizations, each a Category II or III banking organization.
Approved: September 26, 2026