Public Information Documents

Actions taken by the Federal Reserve Bank of Dallas under delegated authority

Bank Branches, Domestic
First Financial Bank, Abilene, Texas -- to establish a branch at 865 South 8th Street, Beaumont, Texas.
- Approved, March 19, 2026
Frost Bank, San Antonio, Texas -- to establish a branch at 3501 Forest Hill Circle, Forest Hill, Texas.
- Approved, February 12, 2026
Charles Schwab Bank, SSB, Westlake, Texas -- to establish a branch at 2360 Corporate Circle, Henderson, Nevada.
- Approved, February 4, 2026
Origin Bank, Choudrant, Louisiana -- to establish a branch at 508 Fairhope Avenue, Fairhope, Alabama.
- Approved, January 26, 2026
Frost Bank, San Antonio, Texas -- to establish a branch at 1469 West Campbell Road, Richardson, Texas.
- Approved, January 5, 2026
Bank Holding Companies
Prosperity Bancshares, Inc. (Prosperity), Houston, Texas -- waiver of filing requirement under section 3 of the Bank Holding Company Act for Prosperity to merge with Stellar Bancorp, Inc., and thereby indirectly acquire its subsidiary state member bank, Stellar Bank, both of Houston, Texas, in connection with the merger of Stellar Bank with and into Prosperity Bank, El Campo, Texas.
- Granted, March 17, 2026
South Plains Financial, Inc. (South Plains), Lubbock, Texas -- waiver of filing requirement under section 3 of the Bank Holding Company Act for South Plains to acquire BOH Holdings, Inc., and thereby indirectly acquire its subsidiary state nonmember bank, Bank of Houston, both of Houston, Texas, in connection with the merger of Bank of Houston with and into City Bank, Lubbock, Texas.
- Granted, March 12, 2026
USV Bancorp, Inc., Houston, Texas -- to become a bank holding company by acquiring CNB National Financial Corporation and thereby indirectly acquire The City National Bank of San Saba, both of San Saba, Texas.
- Withdrawn, January 20, 2026
Change In Bank Control
McGregor Bancshares, Inc., McGregor, Texas -- The First National Bank of McGregor Employee Stock Ownership Plan (ESOP), David Littlewood and Christy De Leon, individually and as co-trustees of the ESOP, all of McGregor, Texas; to acquire voting shares of McGregor Bancshares, Inc., and thereby indirectly acquire voting shares of The First National Bank of McGregor, McGregor, Texas.
- Permitted, March 9, 2026
Sterling City Bancshares, Inc., Sterling City, Texas -- Reed Stewart, Danny Stewart, LeRuth Stewart, Ronda Stewart, Rope Stewart, and Riggin Stewart, all of Sterling City, Texas; as a group acting in concert, to acquire voting shares of Sterling City Bancshares, Inc., and thereby indirectly acquire voting shares of The First National Bank of Sterling City, Sterling City, Texas.
- Permitted, February 26, 2026
Banks, State Member
Charles Schwab Bank, SSB, Westlake, Texas -- to make a public welfare investment.
- Approved, March 5, 2026
Charles Schwab Bank, SSB, Westlake, Texas -- to make a public welfare investment.
- Approved, January 29, 2026
Charles Schwab Bank, SSB, Westlake, Texas -- to make a public welfare investment.
- Approved, January 12, 2026

Last Update: April 2, 2026