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

Bank Branches, Domestic
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- Withdrawn, April 9, 2026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
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- Withdrawn, January 7, 2026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
Banks, State Member
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: May 21, 2026