Actions taken by the Federal Reserve Bank of San Francisco under delegated authority

Bank Branches, Domestic
First Pacific Bank, Whittier, California -- to establish a branch at 74361 Highway 111, Palm Desert, California.
- Approved, October 2, 2026
Westamerica Bank, San Rafael, California -- to establish a branch at 3130 Crow Canyon Place, [San Ramon,] California.
- Approved, September 3, 2026
Westamerica Bank, San Rafael, California -- to establish a branch at 2453 East Lacey Boulevard, Hanford, California.
- Approved, May 29, 2026
United Business Bank, San Francisco, California -- to establish a branch office at 121 Spear Street, [San Francisco,] California.
- Approved, May 12, 2026
Mission Bank, Bakersfield, California -- to establish a branch at 4165 East Thousand Oaks Boulevard, Westlake Village, California.
- Approved, April 20, 2026
Farmers and Merchants Bank of Long Beach, Long Beach, California -- to establish a branch at [18529 Yorba Linda] Boulevard, Yorba Linda, California.
- Approved, April 17, 2026
Westamerica Bank, San Rafael, California -- to establish a branch at 2453 Lacey Boulevard, Hanford, California.
- Withdrawn, April 9, 2026
Bank of Hawaii, Honolulu, Hawaii -- to establish a branch at 1088 West Marine Corps Drive, Dededo, Guam.
- Approved, January 8, 2026
Bank Holding Companies
JGS Jr. Family Holding Corporation, Salt Lake City, Utah -- to engage in making, acquiring, brokering, or servicing loans for the company's account or for the account of others, pursuant to section 225.28(b)(1) of the Board's Regulation Y.
- Approved, October 16, 2026
Keystone Financial Corporation, South Jordan, Utah -- to engage in making, acquiring, brokering, or servicing loans for the company's account or for the account of others, pursuant to section 225.28(b)(1) of the Board's Regulation Y.
- Approved, October 2, 2026
7 Gen Holdings, Inc., Murrieta, California -- to become a bank holding company by acquiring Legacy Bank, Murrieta, California, and to become a wholly owned subsidiary of Legacy Bancorp, San Jacinto, California.
- Approved, October 2, 2026
Western Alliance Bancorporation, Phoenix, Arizona -- relief from certain commitments.
- Granted, September 29, 2026
Column Holdings Inc., Wilmington, Delaware -- (1) to become a bank holding company by acquiring Column National Association, Salt Lake City, Utah, and (2) election to become a financial holding company.
- Approved, September 4, 2026
Front Street Financial, Inc., Caliente, Nevada -- to become a bank holding company by acquiring Nevada Bank and Trust Company, Caliente, Nevada.
- Withdrawn, September 4, 2026
Banner Corporation, Walla Walla, Washington -- waiver of filing requirement under section 3 of the Bank Holding Company Act to acquire Pacific Financial Corporation and thereby indirectly acquire its subsidiary state nonmember bank, Bank of the Pacific, both of Aberdeen, Washington, in connection with the merger of Bank of the Pacific with and into Banner Bank, Walla Walla, Washington.
- Granted, August 14, 2026
Gateway Holding Company, Inc., Mesa, Arizona -- to become a bank holding company by acquiring Gateway Commercial Bank, Mesa, Arizona.
- Approved, July 16, 2026
Adyen N.V., Amsterdam, The Netherlands -- through its wholly owned subsidiary, Adyen International B.V., Amsterdam, The Netherlands, to acquire Orb, Inc., San Francisco, California, and thereby indirectly engage in certain data processing activities, pursuant to section 225.28(b)(14)(i) of Regulation Y.
- Approved, June 26, 2026
CVB Financial Corp. (CVB), Ontario, California -- waiver of filing requirement under section 3 of the Bank Holding Company Act for CVB to acquire Heritage Commerce Corp and thereby indirectly acquire its subsidiary state member bank, Heritage Bank of Commerce, both of San Jose, California, in connection with the merger of Heritage Bank of Commerce with and into Citizens Business Bank, National Association, Ontario, California.
- Granted, March 30, 2026
Partners Bancorp, Mission Viejo, California -- to become a bank holding company by acquiring Partners Bank of California, Mission Viejo, California.
- Approved, February 18, 2026
Partners Bancorp, Mission Viejo, California -- to become a bank holding company by acquiring Partners Bank of California, Mission Viejo, California.
- Withdrawn, January 7, 2026
Bank Mergers
Coastal Community Bank, Everett, Washington -- to purchase certain assets and assume certain liabilities of First Pryority Bank, Pryor, Oklahoma.
- Approved, March 10, 2026
Change In Bank Control
WaFd, Inc., Seattle, Washington -- 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 increase the aggregate ownership position of the Vanguard funds of the common stock of Washington Federal, Inc., parent of Washington Federal Bank, Seattle, Washington.
- Permitted, September 28, 2026
Happen, Inc., San Francisco, California -- 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 increase the aggregate ownership position of the Vanguard funds of the common stock of Happen, Inc., parent of Happen Bank, National Association, Lehi, California (FKA LendingClub Corporation and LendingClub Bank, National Association, respectively).
- Permitted, September 28, 2026
CVB Financial Corp., Ontario, California -- 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 increase the aggregate ownership position of the Vanguard funds of the common stock of CVB Financial Corp., parent of Citizens Business Bank, Ontario, California.
- Permitted, September 28, 2026
W.T.B. Financial Corporation, Spokane, Washington -- the Stanton Washington Trust Bank Voting Trust, Peter F. Stanton, trustee, both of Spokane, Washington, to acquire voting shares of W.T.B. Financial Corporation and thereby indirectly acquire voting shares of Washington Trust Bank, Spokane, Washington.
- Permitted, August 5, 2026
DMG Bancshares, Inc., Irvine, California -- Nir Zuk, Los Altos Hills, California, to acquire voting shares of DMG Bancshares, Inc., and thereby indirectly acquire voting shares of Liberty Bank N.A., Irvine, California.
- Permitted, June 23, 2026
Banks, Foreign
CTBC Bank Co., Ltd., Taipei, Taiwan -- to establish a branch in Los Angeles, California.
- Approved, July 2, 2026
Banks, State Member
Western Alliance Bank, Phoenix, Arizona -- to make a public welfare investment.
- Approved, September 25, 2026
Western Alliance Bank, Phoenix, Arizona -- to make a public welfare investment.
- Approved, September 21, 2026
Banc of California, Los Angeles, California -- to make a public welfare investment.
- Approved, July 17, 2026
Banc of California, Los Angeles, California -- to make a public welfare investment.
- Withdrawn, July 2, 2026
East West Bank, Pasadena, California -- to make a public welfare investment.
- Approved, July 2, 2026
Western Alliance Bank, Phoenix, Arizona -- to make a public welfare investment.
- Approved, May 28, 2026
Western Alliance Bank, Phoenix, Arizona -- to make a public welfare investment.
- Approved, May 19, 2026
Western Alliance Bank, Phoenix, Arizona -- to make a public welfare investment.
- Approved, April 24, 2026
Financial Holding Companies
Bank of Hawaii Corporation, Honolulu, Hawaii -- election to become a financial holding company.
- Effective, February 3, 2026

Last Update: October 22, 2026