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Bank Branches, Domestic
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United Security Bank, Fresno, California -- to establish a branch at 7010 North Palm Avenue, Fresno, California.
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Approved,
May 16, 2025
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Bank of Hawaii, Honolulu, Hawaii -- to establish a branch at 134 Chalan San Antonio, Tamuning, Guam.
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Approved,
March 28, 2025
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Bank Holding Companies
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WaFd, Inc., Seattle, Washington -- to engage de novo in trust company functions, financial and investment advisory activities, securities brokerage, and private placement services through a proposed new majority-owned subsidiary, pursuant to section 225.28(b)(5), all subsections of section 225.28(b)(6), section 225.28(b)(7)(i), and section 225.28(b)(7)(iii) of the Board's Regulation Y.
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Approved,
May 13, 2025
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Redemption Holding Company, Salt Lake City, Utah -- to become a bank holding company by acquiring Holladay Bank and Trust, Holladay, Utah.
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Approved,
April 29, 2025
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Plumas Bancorp, Reno, Nevada -- waiver of application to acquire Cornerstone Community Bancorp, Red Bluff, California, in connection with the merger of Cornerstone Community Bank, Red Bluff, California, with and into Plumas Bank, Quincy, California.
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Granted,
April 1, 2025
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Bank Mergers
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Plumas Bank, Quincy, California -- to merge with Cornerstone Community Bank, Red Bluff, California, and thereby establish branches at the locations of Cornerstone Community Bank's main office and branches.
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Approved,
April 1, 2025
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Change In Bank Control
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Hawaiian Electric Industries, Inc., Honolulu, Hawaii -- The Vanguard Group, Inc., Malvern, Pennsylvania, on behalf of itself, its subsidiaries and affiliates (together with The Vanguard Group, Inc., "Vanguard"), and the investment companies registered under the Investment Company Act of 1940, other pooled investment vehicles, and institutional accounts that are sponsored, managed, or advised by Vanguard (together, the "Vanguard funds"), for the Vanguard funds to acquire additional voting shares of Hawaiian Electric Industries, Inc., and thereby indirectly acquire voting shares of American Savings Bank, F.S.B., Honolulu, Hawaii.
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Withdrawn,
April 11, 2025
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Liberty Northwest Bancorp, Inc., Poulsbo, Washington -- Charles Diesing, Graham, Washington, to acquire additional voting shares of Liberty Northwest Bancorp, Inc., and thereby indirectly acquire additional voting shares of Liberty Bank, Poulsbo, Washington.
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Permitted,
February 26, 2025
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Membership
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Central Pacific Bank, Honolulu, Hawaii -- to become a member of the Federal Reserve System.
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Approved,
January 10, 2025
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Banks, State Member
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Western Alliance Bank, Phoenix, Arizona -- to make a public welfare investment.
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Approved,
May 27, 2025
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East West Bank, Pasadena, California -- to make a public welfare investment.
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Approved,
March 24, 2025
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Western Alliance Bank, Phoenix, Arizona -- to make a public welfare investment.
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Approved,
March 3, 2025
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Westamerica Bank, San Rafael, California -- to make a public welfare investment.
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Approved,
January 16, 2025
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