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 October 31, 2026
Bank Branches, Domestic
Atlanta
M C Bank & Trust Company, Morgan City, Louisiana -- to establish a branch at 1200 Corporate Drive, Hoover, Alabama.
Approved: October 26, 2026
Philadelphia
CNB Bank, Clearfield, Pennsylvania -- to establish a branch at 2157 Penfield Road, Penfield, New York.
Approved: October 30, 2026
St. Louis
The Missouri Bank, Warrenton, Missouri -- to establish a branch at 1007 North State Highway 47, Warrenton, Missouri.
Approved: October 26, 2026
Bank Holding Companies
Atlanta
Southern National Corporation, Andalusia, Alabama -- waiver of filing requirement under section 3 of the Bank Holding Company Act to acquire The Samson Banking Company, Inc. (SBC), Samson, Alabama, in connection with the merger of SBC with and into CCB Community Bank, Andalusia, Alabama.*
Granted: October 21, 2026
*Addition
Chicago
HBT Financial Inc., Bloomington, Illinois -- waiver of filing requirement under section 3 of the Bank Holding Company Act to acquire Tri-County Financial Group, Inc., and thereby indirectly acquire its subsidiary state nonmember bank, First State Bank, both of Mendota, Illinois, in connection with the merger of First State Bank with and into Heartland Bank and Trust Company, Bloomington, Illinois.
Granted: October 26, 2026
Director, S&R
Pacific National Bank, Miami, Florida -- Stephen H. Deckoff, Mounir Nahas, Stephen E. Deckoff, and John Deckoff, limited relief from certain commitments.*
Approved: October 20, 2026
*Addition
Kansas City
Banner County Ban Corporation Employee Stock Ownership Plan and Trust, Harrisburg, Nebraska -- to acquire voting shares of Banner County Ban Corporation and thereby indirectly acquire additional shares of Banner Capital Bank, both of Harrisburg, Nebraska.
Approved: October 28, 2026
Equity Bancshares, Inc., Wichita, Kansas -- waiver of filing requirement under section 3 of the Bank Holding Company Act to acquire Lincoln Bancorp and its subsidiary state nonmember bank, Lincoln Savings Bank (LSB), both of Reinbeck, Iowa, in connection with the merger of LSB with and into Equity Bank, Andover, Kansas.*
Granted: October 22, 2026
*Addition
Security Bancshares Corporation, Wewoka, Oklahoma -- to acquire The State Bank of Wynnewood, Wynnewood, Oklahoma.
Approved: October 28, 2026
St. Louis
Parkside Financial, Inc., Clayton, Missouri -- waiver of filing requirement under section 3 of the Bank Holding Company Act to merge with First American Bancorp and thereby indirectly acquire its subsidiary state member bank, First American State Bank (FASB), both of Greenwood Village, Colorado, in connection with the merger of FASB with and into Parkside Financial Bank & Trust, Clayton, Missouri.*
Granted: October 20, 2026
*Addition
Bank Mergers
Kansas City
Equity Bank, Andover, Kansas -- to merge with Lincoln Savings Bank, Reinbeck, Iowa, and thereby establish branches in Iowa.*
Approved: October 22, 2026
*Addition
Banks, State Member
Chicago
CIBC Bank USA, Chicago, Illinois -- to make a public welfare investment.
Approved: October 30, 2026
CIBC Bank USA, Chicago, Illinois -- to make a public welfare investment.
Approved: October 27, 2026
Dallas
Charles Schwab Bank, SSB, Westlake, Texas -- to make a public welfare investment.*
Approved: October 21, 2026
*Addition
Secretary
First Financial Bank, Cincinnati, Ohio -- to make two public welfare investments.
Approved: October 30, 2026
Manufacturers and Traders Trust Company, Buffalo, New York -- to make a public welfare investment.
Approved: October 26, 2026
The Northern Trust Company, Chicago, Illinois -- to make a public welfare investment.
Approved: October 29, 2026
Change in Bank Control
Chicago
First Lena Corporation, Lena, Illinois -- Jamie A. Hagenow, Verona, Wisconsin; Carrie E. Jones, Platteville, Wisconsin; Valerie Battisti, Palatine, Illinois; Baline Stamm, and the Jeffrey L. Stamm Trust, Jeffrey L. Stamm, as trustee, all of Lena, Illinois; the Cali R. Lelle Trust A, Cali R. Lelle, as trustee; and the Cali Lelle Revocable Living Trust, Cali R. Lelle and Larry Lelle, as co-trustees, all of Arlington Heights, Illinois, to join the Lelle-Stamm Family Group, a group acting in concert, to retain voting shares of First Lena Corporation and thereby indirectly retain voting shares of Citizens State Bank, Lena, Illinois.
Permitted: October 27, 2026
Pioneer Development Company, Sergeant Bluff, Iowa -- the Shennen S.C. Saltzman Irrevocable Bank Trust, Shennen Saltzman, as trustee, and the Saltzman Legacy Bank Trust, Theodore S.C. Saltzman, as trustee, all of Dakota Dunes, South Dakota; and the Sundae M. Haggerty Irrevocable Trust, Sundae Haggerty as trustee, both of South Sioux City, Nebraska, to join the Saltzman Family Control Group, a group acting in concert, to acquire voting shares of Pioneer Development Company and thereby indirectly acquire voting shares of Pioneer Bank, Sergeant Bluff, Iowa. In addition, the First Amended and Restated Theodore G. Saltzman Jr. Bank Trust, M. Colleen Saltzman, as trustee, both of Dakota Dunes, South Dakota, and Sundae Haggerty as trust protector of the aforementioned trust, South Sioux City, Nebraska, to retain voting shares of Pioneer Development Company and thereby indirectly retain voting shares of Pioneer Bank.
Permitted: October 30, 2026
Kansas City
Carleton Agency, Inc., Carleton, Nebraska -- Van Cleef Family Revocable Trust, Michael Van Cleef and Nancy Van Cleef, co-trustees, all of Carleton, Nebraska, to join the Van Cleef Family Control Group, a group acting in concert, to acquire voting shares of Carleton Agency, Inc., and thereby indirectly acquire voting shares of Citizens State Bank, Carleton, Nebraska. Michael Van Cleef has previously been permitted by the Federal Reserve System to acquire voting shares of Carleton Agency, Inc., in his individual capacity.
Permitted: October 28, 2026
Republic Bancshares, Inc., Russell, Kansas -- Thomas Ruggels, Steilacoom, Washington; Deena Ruggels and Brady Ruggels, both of Russell, Kansas, to join the Ruggels Family Group, a group acting in concert, to retain voting shares of Republic Bancshares, Inc., and thereby indirectly retain voting shares of Southwind Bank, Natoma, Kansas.
Permitted: October 27, 2026
Minneapolis
Lake Elmo Bancshares, Inc., Lake Elmo, Minnesota -- Rachel Elizabeth Bonsall, New York City, New York, to join the Raleigh Family Control Group, a group acting in concert, to retain voting shares of Lake Elmo Bancshares, Inc., and thereby indirectly retain voting shares of Lake Elmo Bank, Lake Elmo, Minnesota.
Permitted: October 30, 2026
Financial Holding Companies
Richmond
Forbright, Inc., Chevy Chase, Maryland -- election to become a financial holding company.
Effective: October 27, 2026
International Operations
Secretary
State Street Bank and Trust Company (SSBT) and State Street International Holdings (SSIH), both of Boston, Massachusetts -- waiver of the remainder of the prior notice periods for (1) State Street Bank International GmbH (SSBI), Munich, Germany, to establish a branch in Dublin, Ireland, and (2) to make an investment in State Street International Holdings UK Limited and SSBI.
Reviewed and no objection: October 30, 2026