Release

Release Date: September 29, 2023

The following companies and individuals seek System approval to acquire a bank holding company, a savings and loan holding company, bank or savings and loan association or a nonbanking company in a transaction that is subject to the Bank Holding company Act of 1956 (12 U.S.C. 1841 et seq.), the Change in Bank Control Act (12 U.S.C. 1817 (j)), the Home Owners' Loan Act (12 U.S.C.1467a), Regulations Y, LL, MM, or other applicable statutes and regulations. Comments regarding the applications and notices must be received in writing at the Reserve Bank indicated, or at the Board of Governors, no later than the end of the public comment period. Addresses for the Board and the Federal Reserve Banks are listed at the end of this release.

The public portions of the applications and notices, as well as other related filings required by the Board, may be obtained on an expedited basis by contacting the appropriate Federal Reserve Bank; addresses are listed at the end of this release. Applications and notices also may be obtained from the Board. Additional information on all bank holding companies may be obtained from the National Information Center website.

The database contains 91 records that match your search criteria.

Applicant or notificant  Acquiree or activity Section
of law
 
Reserve
Bank
End of
Comment Period
(mm/dd/yyyy) 
1831 Bancorp, MHC, and its wholly-owned subsidiary, 1831 Bancorp, Inc., both of Dedham, Massachusetts; to acquire South Shore Bancorp, MHC and its wholly-owned subsidiary, South Shore Bancorp, Inc., and thereby indirectly acquire South Shore Bank, all of South Weymouth, Massachusetts. 3 Boston 10/19/2023
5th Generation Holdings, Inc., Groom, Texas; to become a bank holding company by acquiring Groom Bancshares, Inc., and thereby indirectly acquiring The State National Bank of Groom, both of Groom, Texas. 3 Dallas 05/26/2023
Aaron Andrew Robertson, Speedwell, Tennessee; to retain voting shares of Robertson Holding Company, L.P., Harrogate, Tennessee, and thereby indirectly retain voting shares of Commercial Bancgroup, Inc., Harrogate, Tennessee, and AB&T Financial Corporation, Gastonia, North Carolina. CIBC Atlanta 07/26/2023
Alyssa T. Kanive, Orono, Minnesota, John N. Kanive, Minnetonka, Minnesota, and Ryan J. Kanive, Orono, Minnesota; to join the Nelson Family Control Group, a group acting in concert, to retain voting shares of First Lacon Corp., and thereby indirectly retain voting shares of The First National Bank of Lacon, both of Lacon, Illinois, and more CIBC Chicago 10/19/2023
AmeriNational Community Services, LLC, Albert Lea, Minnesota; to become a bank holding company by acquiring Northwest Bancorporation of Illinois, Inc., and thereby indirectly acquire First Bank and Trust Company, both of Palatine, Illinois. 3 Chicago 09/18/2023
Atlantic Union Bankshares Corporation, Richmond, Virginia; to acquire American National Bankshares Inc., and thereby indirectly acquire American National Bank & Trust Company, both of Danville, Virginia. 3 Richmond 10/19/2023
Banc of California, Inc., Santa Ana, California; to acquire PacWest Bancorp, and thereby indirectly acquire Pacific Western Bank, both of Beverly Hills, California. 3 San Francisco 09/29/2023
Bank Forward Employee Stock Ownership Plan and Trust, Fargo, North Dakota; to acquire up to 41.02 percent of the voting shares of Security State Bank Holding Company, and thereby indirectly acquire voting shares of Bank Forward, both of Fargo, North Dakota. 3 Minneapolis 10/16/2023
BAWAG Group AG, Vienna, Austria; to retain voting shares of Marlette Holdings, Inc., Wilmington, Delaware; and thereby engage in extending credit and servicing loans, activities related to brokering or servicing loans or other extensions of credit, and many more. 4 San Francisco 04/03/2023
BAWAG Group, AG, Vienna, Austria; to become a bank holding company by acquiring Peak Bancorp, Inc., and thereby indirectly acquiring Idaho First Bank, both of McCall, Idaho. In connection with this application, BAWAG Group And more. 3 and 4 San Francisco 09/28/2022

Addresses for Comments and Information Requests

Addresses for comments differ from those for information requests.

Last Update: September 29, 2023 4:15 PM