Public Information Documents

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

Bank Branches, Domestic
Orange Bank & Trust Company, Middletown, New York -- to establish a branch at 859-861 Franklin Avenue, Town of Mount Pleasant.
- Approved, November 21, 2018
BNB Bank, Bridgehampton, New York -- to establish a branch at 538 Broadhollow Road, Melville.
- Approved, November 8, 2018
Goldman Sachs Bank USA, New York, New York -- to establish a branch at 11850 South Election Road, Draper, Utah.
- Approved, October 2, 2018
Amboy Bank, Old Bridge, New Jersey -- to establish a branch at 201 Applegarth Road, Monroe Township.
- Approved, May 11, 2018
Amboy Bank, Old Bridge, New Jersey -- to establish a branch at 316 Applegarth Road, Monroe Township.
- Withdrawn, April 10, 2018
Orange Bank & Trust Company, Middletown, New York -- to establish a branch at 2141 Crompond Road, Cortlandt Manor, and to increase its investment in bank premises.
- Approved, February 2, 2018
Bank Holding Companies
USB Bancorp Inc., Danbury, Connecticut -- to become a bank holding company by acquiring Union Savings Bank, Danbury, in connection with the conversion of Union Savings Bank from mutual to stock form.
- Approved, November 26, 2018
Grasshopper Bancorp, Inc., New York, New York -- to become a bank holding company through the formation of its subsidiary bank, Grasshopper Bank, N.A., New York.
- Approved, November 23, 2018
Rhinebeck Bancorp, MHC, Poughkeepsie, New York, and Rhinebeck Bancorp, Inc. -- to become bank holding companies by acquiring Rhinebeck Bank, Poughkeepsie, in connection with Rhinebeck Bank's reorganization into a mutual holding company structure.
- Approved, November 9, 2018
MB Mutual Holding Company, Wall Township, New Jersey, and MB Bancorp, Inc. -- to merge with Metuchen MHC, Metuchen, and Metuchen Bancorp, Inc., and thereby indirectly acquire Metuchen Savings Bank.
- Approved, October 15, 2018
USB Bancorp Inc., Danbury, Connecticut -- to become a bank holding company by acquiring Union Savings Bank, Danbury.
- Returned, September 18, 2018
CLS Group Holdings AG, Lucerne, Switzerland -- to indirectly engage de novo in data processing activities.
- Approved, March 15, 2018
New York Private Bank & Trust Corporation, New York, New York, and Emigrant Bancorp, Inc. -- to acquire indirectly shares of The Bancorp, Inc., Wilmington, Delaware, and The Bancorp Bank.
- Withdrawn, February 22, 2018
Bank Premises
Orange Bank & Trust Company, Middletown, New York -- to increase its investment in bank premises.
- Approved, November 21, 2018
The Adirondack Trust Company, Saratoga Springs, New York -- to make an investment in bank premises.
- Approved, October 24, 2018
The Adirondack Trust Company, Saratoga Springs, New York -- to make an investment in bank premises.
- Approved, May 22, 2018
Extensions Of Time
CLS Group Holdings AG, Lucerne, Switzerland -- extension to September 15, 2018, of the consummation period to indirectly engage de novo in data processing activities.
- Granted, July 9, 2018
The Adirondack Trust Company Employee Stock Ownership Trust, Saratoga Springs, New York -- extension to May 28, 2018, to acquire additional shares of 473 Broadway Holding Corporation, Saratoga Springs, and of The Adirondack Trust Company.
- Granted, February 5, 2018
Banks, Foreign
Lloyds Bank PLC, London, England -- to establish a representative office in Houston, Texas.
- Withdrawn, June 7, 2018
International Operations
The Bank of New York Mellon, New York, New York -- for BNY International Financing Corporation, New York, and Mellon Overseas Investment Corporation, Greenville, Delaware, to amend their articles of association.
- Approved, September 24, 2018
JPMorgan Chase Bank, National Association, Columbus, Ohio -- to extend the corporate existence of its Edge corporation subsidiary, J.P. Morgan International Finance Limited, Newark, Delaware.
- Approved, July 13, 2018
American Express Company, New York, New York -- for American Express National Bank, Salt Lake City, Utah (on its conversion from American Express Centurion Bank), to establish a branch in George Town, Grand Cayman, Cayman Islands.
- Approved, February 15, 2018

Last Update: December 6, 2018