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

Bank Branches, Domestic
Oregon Pacific Banking Co. DBA Oregon Pacific Bank, Florence, Oregon -- to establish a branch at 3250 Hillcrest Park Drive, Medford.
- Approved, January 31, 2020
Coastal Community Bank, Everett, Washington -- to establish a branch at 525 Olympic Avenue, Arlington.
- Approved, January 8, 2020
Bank Holding Companies
Southern California Bancorp, San Diego, California -- to become a bank holding company by acquiring Bank of Southern California, National Association, San Diego; and to acquire CalWest Bancorp, Rancho Santa Margarita, and thereby indirectly acquire CalWest Bank.
- Approved, January 27, 2020
BayCom Corp, Walnut Creek, California -- to merge with Grand Mountain Bancshares, Inc., Granby, Colorado; and for United Business Bank, Walnut Creek, California, to merge with Grand Mountain Bank, FSB, and indirectly establish branches.
- Approved, January 13, 2020
Banks, State Member
Bank of Hawaii, Honolulu, Hawaii -- to make a public welfare investment.
- Approved, February 11, 2020

Last Update: February 20, 2020