Public Information Documents

Actions taken by the Federal Reserve Bank of New York under delegated authority

Bank Branches, Domestic
Popular Bank, New York, New York -- to establish a branch at 478 East Fordham Road, Bronx, New York.
- Approved, January 22, 2026
Bank Holding Companies
Arrow Financial Corporation, Glens Falls, New York -- waiver of filing requirement under section 3 of the Bank Holding Company Act to merge with Adirondack Bancorp, Inc., and thereby indirectly acquire its subsidiary state member bank, Adirondack Bank, both of Utica, New York, in connection with the merger of Adirondack Bank with and into Arrow Bank National Association, Glens Falls, New York.
- Granted, June 10, 2026
Esquire Financial Holdings, Inc., Jericho, New York -- waiver of filing requirement under section 3 of the Bank Holding Company Act to merge with Signature Bancorporation, Inc., and thereby indirectly acquire Signature Bank, both of Rosemont, Illinois, in connection with the merger of Signature Bank with and into Esquire Bank, National Association, Jericho, New York.
- Approved, June 5, 2026
Rhinebeck Bancorp, MHC, Poughkeepsie, New York -- to convert from mutual to stock form and, as part of the conversion, to merge with its subsidiary, Rhinebeck Bancorp, Inc., which controls Rhinebeck Bank, both of Poughkeepsie, New York.
- Approved, May 12, 2026
Ballston Spa Bancorp, Inc. (Ballston Spa), Ballston Spa, New York -- waiver of filing requirement under section 3 of the Bank Holding Company Act for Ballston Spa to merge with NBC Bancorp, Inc., and thereby indirectly acquire its subsidiary national bank, National Bank of Coxsackie, Coxsackie, New York.
- Granted, February 10, 2026
UBS Group AG and UBS AG, both of Zurich, Switzerland, and UBS Americas Holding LLC and UBS Americas, Inc., both of New York, New York -- to become bank holding companies by acquiring UBS Bank USA, Salt Lake City, Utah, upon the conversion of UBS Bank USA from a state-chartered industrial bank to a national bank.
- Approved, January 26, 2026
United Roosevelt, MHC (MHC), Carteret, New Jersey -- to convert from mutual to stock form. As part of the conversion, MHC and United Roosevelt Bancorp, Carteret, New Jersey, an existing mid-tier stock holding company, will cease to exist, and United Roosevelt Savings Bank, Carteret, New Jersey, will become a wholly owned subsidiary of URSB Bancorp, Inc., Carteret, New Jersey, a newly formed Maryland corporation, which has applied to become a bank holding company.
- Approved, January 9, 2026
The Adirondack Trust Company Employee Stock Ownership Trust, Saratoga Springs, New York -- to acquire additional shares of 473 Broadway Holding Corporation and of The Adirondack Trust Company, both of Saratoga Springs, New York.
- Approved, January 5, 2026
Bank Premises
The Adirondack Trust Company, Saratoga Springs, New York -- to increase its investment in bank premises.
- Approved, March 13, 2026
Change In Bank Control
American Community Bancorp, Inc., Glen Cove, New York -- the Josephine M. Capobianco Irrevocable Gift Trust, Anthony M. Capobianco and Sandra D. Capobianco as trustees, all of Glen Cove, New York, to join the Capobianco Family Control Group, a group acting in concert, to retain voting shares of American Community Bancorp and thereby indirectly retain voting shares of American Community Bank, Glen Cove, New York.
- Permitted, March 18, 2026
Banks, Foreign
Standard Chartered Bank, London, United Kingdom -- for Standard Chartered Holdings Inc., New York, New York, to acquire the stock of Standard Chartered Bank International (Americas) Ltd., New York, New York, pursuant to sections 211.5(d) and (e) of Regulation K.
- Approved, March 23, 2026
International Operations
J.P. Morgan International Finance Limited (JPMF), New York, New York -- JPMorgan Chase & Co, New York, New York, on behalf of its wholly owned Edge Act corporation subsidiary, JPMF, to amend its articles of association to change JPMF's home office from 383 Madison Avenue, New York, New York, to 270 Park Avenue, New York, New York, pursuant to section 211.5(c) of Regulation K and 25A of the Federal Reserve Act.
- Approved, January 9, 2026
Banks, State Member
Goldman Sachs Bank USA, New York, New York -- to make public welfare investments.
- Approved, June 9, 2026
Goldman Sachs Bank USA, New York, New York -- to make a public welfare investment.
- Approved, May 29, 2026
Goldman Sachs Bank USA, New York, New York -- to make a public welfare investment (two requests).
- Approved, March 13, 2026
Goldman Sachs Bank USA, New York, New York -- to make a public welfare investment.
- Approved, February 24, 2026
Goldman Sachs Bank USA, New York, New York -- to make a public welfare investment.
- Approved, January 23, 2026
Financial Holding Companies
CRB Group, Fort Lee, New Jersey -- election to become a financial holding company.
- Effective, May 8, 2026

Last Update: July 2, 2026