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

Bank Branches, Domestic
Oak Valley Community Bank, Oakdale, California -- to establish a branch at 241 West Main Street, Turlock.
- Approved, January 12, 2018
Farmers and Merchants Bank of Long Beach, Long Beach, California -- to establish a branch at 33 East Carrillo Street, Santa Barbara.
- Approved, January 3, 2018
Bank Holding Companies
Nano Financial Holdings (NFH), Irvine, California, and Allegiant United Holdings, LLC -- to become bank holding companies through NFH's acquisition of Commerce Bank of Temecula Valley, Murrieta.
- Returned, February 6, 2018
FNBEly Bancorporation, Ely, Nevada -- to become a bank holding company by acquiring The First National Bank of Ely, Ely.
- Approved, January 12, 2018
Bank Mergers
Heritage Bank of Commerce, San Jose, California -- to merge with Tri-Valley Bank, San Ramon, and thereby acquire branches.
- Approved, March 9, 2018
Extensions Of Time
Farmers & Merchants Bancorp, Lodi, California -- extension to April 25, 2018, to acquire shares of Bank of Rio Vista, Rio Vista.
- Granted, January 25, 2018

Last Update: March 15, 2018