Public Information Documents

Actions taken by the Board of Governors and its staff under delegated authority

Bank Branches, Domestic
Regions Bank, Birmingham, Alabama -- to establish seven branches in Georgia, Illinois, Missouri, Tennessee, and Texas.
- Approved, February 5, 2019
Secretary
Synovus Bank, Columbus, Georgia -- to establish a branch at 3448 Sandy Plains Road, Marietta.
- Approved, January 23, 2019
Secretary
IBERIABANK, Lafayette, Louisiana -- to establish a branch at 821 West 49th Street, Hialeah, Florida.
- Approved, January 9, 2019
Bank Holding Companies
General Counsel
Simmons First National Corporation, Pine Bluff, Arkansas -- waiver of application to acquire Reliance Bancshares, Inc., and Reliance Bank, Des Peres, Missouri, in connection with Reliance Bank's merger with and into Simmons Bank, Pine Bluff.
- Granted, February 4, 2019
General Counsel
Ida Grove Bancshares, Inc., Ida Grove, Iowa -- waiver of application to acquire Rolfe State Bank (Bank), Rolfe, a subsidiary of Dixon Bancshares, in connection with Bank's merger with and into United Bank of Iowa, Ida Grove.
- Granted, February 1, 2019
General Counsel
Independent Bank Corp, Inc., Rockland, Massachusetts -- waiver of application to acquire Blue Hills Bancorp, Inc., Norwood, and Blue Hills Bank, Hyde Park, in connection with Blue Hills Bank's merger with and into Rockland Trust Company, Rockland.
- Granted, January 29, 2019
General Counsel
Peoples Bancorp Inc., Marietta, Ohio -- waiver of application to acquire First Prestonsburg Bancshares Inc., Prestonsburg, Kentucky, and The First Commonwealth Bank of Prestonsburg Inc. (Bank), in connection with Bank's merger with and into Peoples Bank, Marietta.
- Granted, January 25, 2019
General Counsel
Alliance Bancshares, Inc., Sulphur Springs, Texas -- waiver of application to acquire Mount Vernon Bankshares, Inc., Mount Vernon, and The First National Bank of Mount Vernon (Bank), in connection with Bank's merger with and into Alliance Bank, Sulphur Springs.
- Granted, January 23, 2019
General Counsel
Enterprise Financial Services Corp, Clayton, Missouri -- waiver of application to acquire Trinity Capital Corporation, Los Alamos, New Mexico, and Los Alamos National Bank (Bank), in connection with Bank's merger with and into Enterprise Bank & Trust, Clayton.
- Granted, January 23, 2019
General Counsel
Equitable Bancorp, MHC, East Weymouth, Massachusetts -- waiver of application to acquire South Shore Mutual Holding Company, Weymouth, and Coastal Heritage Bank (CHB), in connection with CHB's merger with and into Equitable Bank, East Weymouth.
- Granted, January 18, 2019
General Counsel
First Citizens BancShares, Inc., Raleigh, North Carolina -- waiver of application to acquire Biscayne Bancshares, Inc., Coconut Grove, Florida, and Biscayne Bank, in connection with Biscayne Bank's merger with and into First-Citizens Bank & Trust Company, Raleigh.
- Granted, January 18, 2019
General Counsel
McLaughlin Holding Company, Moline, Illinois -- waiver of application to acquire Gateway Banc Corp., Roscoe, and Gateway Community Bank (GCB), in connection with GCB's merger with and into SENB Bank, Moline.
- Granted, January 18, 2019
First Busey Corporation, Champaign, Illinois -- to merge with The Banc Ed Corp., Edwardsville, and thereby indirectly acquire The Bank of Edwardsville.
- Approved, January 10, 2019
Bank Mergers
Secretary
Mountain Valley Bank, Walden, Colorado -- to acquire certain assets and assume certain liabilities of the Steamboat Springs branch of Citywide Banks, Denver, and thereby establish a branch.
- Approved, February 5, 2019
Equity Bank, Andover, Kansas -- to acquire certain assets and assume certain liabilities of MidFirst Bank, Oklahoma City, Oklahoma, and thereby establish branches.
- Approved, January 23, 2019
Enforcement
SunTrust Bank, Atlanta, Georgia -- issuance of a consent order of prohibition against Alison Keefe, a former institution-affiliated party of SunTrust Bank.
- Announced, February 7, 2019
Mariner's Bancorp, Edgewater, New Jersey -- issuance of a consent notice of suspension and prohibition against Fred Daibes, a former institution-affiliated party of Mariner's Bancorp.
- Announced, February 5, 2019
CFG Community Bank, Baltimore, Maryland -- consent order of prohibition against David Lavine, a former institution-affiliated party.
- Announced, January 22, 2019
Deutsche Bank AG, Frankfurt am Main, Germany -- remediation plan submitted by Deutsche Bank AG, as required under the Board's 2015 enforcement action.
- Approved, January 17, 2019
Frost Bank, San Antonio, Texas -- issuance of a consent order of prohibition and cease-and-desist order against Raysol Villalobos, a/k/a/ Ray Galvan, a former institution-affiliated party.
- Approved, January 16, 2019
A.E. Bancorp, Inc., Buffalo Grove, Illinois -- written agreement dated July 1, 2010, terminated January 9, 2019.
- Announced, January 10, 2019
Commercial State Bank, Andrews, Texas -- issuance of a consent cease-and-desist order.
- Announced, January 8, 2019
Extensions Of Time
Secretary
The Goldman Sachs Group, Inc., New York, New York -- extension of time to submit certain data for the FR Y-14Q information collection.
- Granted, January 18, 2019
Secretary
CenterState Bank Corporation, Winter Haven, Florida -- commenter's request to extend the comment period on the application to merge with National Commerce Corporation, Birmingham, Alabama, and thereby indirectly acquire National Bank of Commerce.
- Denied, January 15, 2019
Secretary
Charles Schwab Corporation, San Francisco, California -- extension of time to submit an implementation plan under Regulation Q and to begin to comply with the advanced approaches capital adequacy framework and the related reporting requirements.
- Granted, January 4, 2019
Secretary
DB USA Corporation, New York, New York -- extension of time to submit quarterly data (FR Y-14Q) associated with the Global Market Shock component of the supervisory stress test.
- Granted, January 4, 2019
Forms
Forms -- final Board review to extend without revision the Notice Requirements Associated with Regulation W (FR W).
- Approved, February 5, 2019
Forms -- initial Board review to extend with revision the Central Bank Survey of Foreign Exchange and Derivatives Market Activity (FR 3036).
- Proposed, February 4, 2019
Forms -- final Board review to extend without revision the Basel II Interagency Pillar 2 Supervisory Guidance (Pillar 2 Guidance) (FR 4199).
- Approved, January 28, 2019
Forms -- initial Board review to extend without revision the Recordkeeping Requirements of Regulation H and Regulation K Associated with the Procedures for Monitoring Bank Secrecy Act Compliance (FR K).
- Proposed, January 28, 2019
Forms -- initial Board review to extend with revision the Suspicious Activity Report (FR 2230). 
- Proposed, January 28, 2019
Forms -- final Board review to extend without revision the Disclosure Requirements of Subpart H of Regulation H (Consumer Protections in Sales of Insurance) (Reg H-7).
- Approved, January 28, 2019
Forms -- initial Board review to extend without revision the Application Form for Membership on the Community Advisory Council (FR 1401).
- Proposed, January 17, 2019
Forms -- final Board review to extend without revision the Supervisory and Regulatory Survey (FR 3052).
- Approved, January 10, 2019
Forms -- initial Board review to extend without revision the Registration of a Securities Holding Company (FR 2082).
- Proposed, January 10, 2019
Forms -- final Board review to extend without revision the Policy Impact Survey (FR 3075).
- Approved, January 10, 2019
Forms -- initial Board review to extend without revision the Recordkeeping and Disclosure Requirements Associated with Loans Secured by Real Estate Located in Flood Hazard Areas (Reg H-2).
- Proposed, January 4, 2019
International Operations
The Goldman Sachs Group, Inc., New York, New York -- waiver of remainder of prior-notification period to make an investment in Goldman Sachs Europe SE, Frankfurt am Main, Germany.
- Granted, February 5, 2019
Banks, Nonmember, And Miscellaneous Institutions
Wellwish Investments, LLC, Garden Grove, California -- relief from certain commitments.
- Granted, January 10, 2019
Reserve Bank Operations
Reserve Bank Directors -- designation of chairs and deputy chairs of the Federal Reserve Banks for 2019.
- Announced, January 9, 2019
Regulations And Policies
Regulation H -- interagency final rule to implement the private flood insurance provisions of the Biggert-Waters Flood Insurance Reform Act.
- Approved, February 7, 2019
Stress Testing -- (1) Final notice of enhanced disclosure of the models used in the supervisory stress tests conducted under Regulation YY, (2) final Stress Testing Policy Statement (Regulation YY, Appendix B) for supervisory stress testing, and (3) final rule amending the Policy Statement on the Scenario Design Framework for Stress Testing (Regulation YY, Appendix A).
- Approved, February 4, 2019
Stress Test Rules -- publication for comment of a notice of proposed rulemaking that would amend the Board's company-run and supervisory stress test rules, consistent with the Economic Growth, Regulatory Relief, and Consumer Protection Act.
- Approved, January 6, 2019
Personnel
Division of Research and Statistics -- appointment of Stacey M. Tevlin as director.
- Announced, January 25, 2019
Division of Information Technology -- appointment of Glenn Eskow, Rajasekhar Yelisetty, and Sheryl Warren as senior associate directors; Deborah Prespare and Eric Turner as deputy associate directors; and Charles Young as associate director.
- Announced, January 9, 2019
Savings and Loan Holding Companies
General Counsel
State Farm Mutual Automobile Insurance Company, Bloomington, Illinois -- request for an exemption to permit an individual to become an institution-affiliated party.
- Granted, February 1, 2019
Auto Club Trust, FSB, Dearborn, Michigan -- request for an exception from the anti-tying restrictions of the Home Owners' Loan Act.
- Granted, January 7, 2019
Supervision and Regulation
2019 Stress Testing and Capital-Plan Submissions -- relief from certain stress testing and capital-plan submission requirements for certain U.S. bank holding companies with assets of between $100 billion and $250 billion and certain U.S. intermediate holding companies with assets of less than $250 billion.
- Approved, February 5, 2019
Stress Tests -- issuance of scenarios for the 2019 Comprehensive Capital Analysis and Review and Dodd-Frank Act stress tests.
- Approved, February 5, 2019

Last Update: February 14, 2019