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

Bank Branches, Domestic
Seacoast Commerce Bank, San Diego, California -- to establish a branch at 8311 West Sunset Road, Las Vegas, Nevada.
- Approved, July 23, 2019
First Utah Bank, Salt Lake City, Utah -- to establish a branch at Village of Traverse Mountain, 3600 North Digital Drive, Lehi.
- Approved, May 31, 2019
Bank of Utah, Ogden, Utah -- to establish a branch at 50 South 200 East, Salt Lake City.
- Approved, February 26, 2019
Commencement Bank, Tacoma, Washington -- to establish a branch at 220 15th Street, N.E., Auburn.
- Approved, February 22, 2019
Mission Bank, Bakersfield, California -- to establish a branch at 3121 West March Lane, Stockton.
- Approved, January 16, 2019
CalWest Bank, Rancho Santa Margarita, California -- to establish branches at 408 E. State Street, Redlands, and 30100 Town Center Drive, Laguna Niguel (two requests).
- Approved, January 11, 2019
Bank Holding Companies
US Metro Bancorp, Inc., Garden Grove, California -- to become a bank holding company by acquiring US Metro Bank, Garden Grove.
- Approved, July 24, 2019
BankGuam Holding Company, Hagatna, Guam -- to acquire additional shares of ASC Trust Corporation, Hagatna, and thereby engage in employee benefits consulting services.
- Approved, June 28, 2019
JBNV Holding Corp, Sparks, Nevada -- to become a bank holding company by acquiring Kirkwood Bancorporation of Nevada, Inc., Las Vegas, and thereby indirectly controlling Kirkwood Bank of Nevada.
- Approved, June 3, 2019
BayCom Corp, Walnut Creek, California -- to merge with Uniti Financial Corporation, Buena Park, and acquire Uniti Bank; and for United Business Bank, Walnut Creek, to merge with Uniti Bank and thereby acquire branches.
- Approved, May 3, 2019
Bank Mergers
Heritage Bank of Commerce, San Jose, California -- to merge with Presidio Bank, San Francisco, and thereby acquire branches.
- Approved, August 5, 2019
Change In Bank Control
Community Bancshares, Inc., Joseph, Oregon -- to retain control of Community Bancshares, Inc., and its subsidiary, Community Bank, Joseph.
- Permitted, July 16, 2019
Malaga Financial Corporation, Palos Verdes Estates, California -- change in bank control of Malaga Financial Corporation and its subsidiary Malaga Bank, FSB, Palos Verdes Estates.
- Permitted, June 25, 2019
CommerceWest Bank, Irvine, California -- to retain control of CommerceWest Bank, Irvine.
- Permitted, April 19, 2019
Malaga Financial Corporation, Palos Verdes Estates, California -- change in bank control of Malaga Financial Corporation and its subsidiary, Malaga Bank, FSB, Palos Verdes Estates.
- Returned, April 17, 2019
Friendly Hills Bank, Whittier, California -- change in bank control of Friendly Hills Bank.
- Permitted, February 8, 2019
Banks, State Member
Farmers and Merchants Bank of Long Beach, Long Beach, California -- to make a public welfare investment.
- Approved, August 7, 2019
Bank of Hawaii, Honolulu, Hawaii -- to make a public welfare investment.
- Approved, July 11, 2019
Western Alliance Bank, Phoenix, Arizona -- to make a public welfare investment.
- Approved, July 11, 2019
East West Bank, Pasadena, California -- to make a public welfare investment.
- Approved, March 26, 2019
East West Bank, Pasadena, California -- to make a public welfare investment.
- Approved, February 12, 2019
East West Bank, Pasadena, California -- to make a public welfare investment.
- Approved, January 25, 2019

Last Update: August 22, 2019