Public Information Documents

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

Bank Branches, Domestic
United Security Bank, Fresno, California -- to establish a branch at 643 Quince Street, Mendota.
- Approved, September 10, 2020
Heritage Bank of Commerce, San Jose, California -- to establish a branch at 224 Airport Parkway, San Jose.
- Approved, March 27, 2020
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
GUVJEC Investment Corporation, Baltimore, Maryland -- to become a bank holding company by acquiring Farmington Bancorp, Bothell, Washington, and thereby indirectly acquire Farmington State Bank, Farmington.
- Approved, September 4, 2020
GBank Financial Holdings Inc., Las Vegas, Nevada -- to acquire Bankcard Services LLC, Las Vegas, and thereby indirectly engage in data processing activities.
- Withdrawn, September 2, 2020
Jiko Group, Inc., Berkeley, California -- (1) to become a bank holding company by acquiring Mid-Central Federal Savings Bank, Wadena, Minnesota, upon Mid-Central's conversion from a federal savings bank to a national bank; (2) through Jiko Technologies, Inc., Berkeley, and Jiko Technologies Europe EHF, Reykjavik, Iceland, to engage de novo in data processing pursuant to section 225.28(b)(14) of Regulation Y and Section 211.10(a)(10) of Regulation K, respectively; (3) through Jiko Securities, Inc., Berkeley, to engage de novo in agency transactional services for customers pursuant to section 225.28(b)(7) of Regulation Y and to engage de novo in investment transactions as principal pursuant to section 225.28(b)(8) of Regulation Y; and (4) to establish Jiko Technologies Europe EHF, Reykjavik, as a subsidiary, pursuant to section 211.9(a)(5) of Regulation K.
- Approved, August 19, 2020
Liberty Northwest Bancorp, Inc., Poulsbo, Washington -- to become a bank holding company by acquiring Liberty Bank, Poulsbo.
- Approved, August 5, 2020
Varo Money, Inc., San Francisco, California -- to become a bank holding company by acquiring Varo Bank, National Association (in organization), Draper, Utah.
- Approved, July 28, 2020
Summit Bank Group, Inc., Eugene, Oregon -- to become a bank holding company by acquiring Summit Bank, Eugene.
- Approved, July 23, 2020
Lewis & Clark Bancorp, Oregon City, Oregon -- to become a bank holding company by acquiring Lewis & Clark Bank, Oregon City.
- Approved, May 5, 2020
Golden Valley Bancshares, Inc., Chico, California -- to become a bank holding company by acquiring Golden Valley Bank, Chico.
- Approved, April 22, 2020
GUVJEC Investment Corporation, Baltimore, Maryland -- to become a bank holding company by acquiring Farmington Bancorp, Bothell, Washington, and thereby acquiring Farmington State Bank, Farmington.
- Withdrawn, April 2, 2020
Commencement Bancorp, Inc., Tacoma, Washington -- (1) to become a bank holding company by acquiring Commencement Bank, Tacoma; and (2) election to become a financial holding company.
- Approved, March 20, 2020
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
Bank Mergers
Pacific Premier Bank, Irvine, California -- (1) to merge with Opus Bank, Irvine, and to acquire branches; and (2) to change the general character of the business.
- Approved, April 1, 2020
Change In Bank Control
Private Bancorp of America, Inc., La Jolla, California -- change in bank control of Private Bancorp of America, Inc., and its subsidiary, Calprivate Bank, La Jolla.
- Permitted, August 21, 2020
Baker Boyer Bancorp, Walla Walla, Washington -- change in bank control of Baker Boyer Bancorp and its subsidiary, Baker Boyer National Bank, Walla Walla.
- Permitted, July 17, 2020
PCB Bancorp, Los Angeles, California -- change in bank control of PCB Bancorp and its subsidiary, Pacific City Bank, Los Angeles.
- Permitted, June 16, 2020
Greater Pacific Bancshares, Whittier, California -- to retain control of Greater Pacific Bancshares and its subsidiary, Bank of Whittier, National Association, Whittier.
- Permitted, April 9, 2020
Riverview Financial Corporation, Harrisburg, Pennsylvania -- change in bank control of Riverview Financial Corporation and its subsidiary, Riverview Bank, Marysville.
- Permitted, March 13, 2020
Extensions Of Time
Southern California Bancorp, San Diego, California -- extension to June 1, 2020, 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 acquire CalWest Bank.
- Granted, March 27, 2020
International Operations
Wells Fargo & Company, San Francisco, California -- to extend the corporate existence of its Edge corporation subsidiary, Wells Fargo International Banking Corporation, Charlotte, North Carolina.
- Approved, June 18, 2020
Membership
Plumas Bank, Quincy, California -- to become a member of the Federal Reserve System.
- Approved, August 26, 2020
Banks, State Member
Western Alliance Bank, Phoenix, Arizona -- to make a public welfare investment.
- Approved, September 3, 2020
Silicon Valley Bank, Santa Clara, California -- to make a public welfare investment.
- Withdrawn, September 2, 2020
East West Bank, Pasadena, California -- to make a public welfare investment.
- Approved, September 1, 2020
Bank of Hawaii, Honolulu, Hawaii -- to make certain public welfare investments.
- Approved, August 19, 2020
Western Alliance Bank, Phoenix, Arizona -- to make a public welfare investment.
- Approved, April 7, 2020
East West Bank, Pasadena, California -- to make a public welfare investment.
- Approved, March 27, 2020
Westamerica Bank, San Rafael, California -- to make certain public welfare investments.
- Withdrawn, March 23, 2020
Western Alliance Bank, Phoenix, Arizona -- to make certain public welfare investments.
- Approved, March 13, 2020
East West Bank, Pasadena, California -- to make a public welfare investment.
- Approved, February 27, 2020
Bank of Hawaii, Honolulu, Hawaii -- to make a public welfare investment.
- Approved, February 11, 2020

Last Update: September 17, 2020