Public Information Documents

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

Bank Branches, Domestic
Dime Community Bank, Bridgehampton, New York -- to establish a branch at 500 Boulevard of the Americas, Lakewood, New Jersey.
- Approved, May 28, 2025
Bank Holding Companies
Lake Shore, MHC, Dunkirk, New York -- to convert from mutual to stock form. As part of the conversion, Lake Shore, MHC, and Lake Shore Bancorp, Inc., Dunkirk, New York, an existing mid-tier savings and loan holding company, will cease to exist, and Lake Shore Savings Bank, Dunkirk, New York, will convert to a commercial bank, to be renamed Lake Shore Bank, and become a wholly owned subsidiary of a new corporation that has applied to become a bank holding company and will maintain the name of Lake Shore Bancorp, Inc.
- Approved, May 13, 2025
ConnectOne Bancorp, Inc. (ConnectOne), Englewood Cliffs, New Jersey -- waiver of application to merge with The First of Long Island Corporation, Melville, New York, and simultaneously merge the First National Bank of Long Island, Glen Head, New York, with and into ConnectOne.
- Granted, May 9, 2025
Grasshopper Bancorp, Inc., New York, New York -- through its subsidiary, Grasshopper Bank, National Association, New York, New York, to acquire Auto Club Trust, FSB, Dearborn, Michigan, and thereby engage in operating a savings association pursuant to section 225.28(b)(4)(ii) of Regulation Y.
- Approved, March 24, 2025
First Central Bancorp, Inc., Glen Cove, New York -- to become a bank holding company by acquiring First Central Savings Bank, Glen Cove, New York.
- Withdrawn, March 19, 2025
Bank Premises
The Adirondack Trust Company, Saratoga Springs, New York -- to increase its investment in bank premises.
- Approved, April 10, 2025
Change In Bank Control
Bankwell Financial Group, Inc., New Canaan, Connecticut -- Lawrence B. Seidman and Veteri Place Corporation, both of Wayne, New Jersey; Seidman and Associates, LLC, Seidman Investment Partnership, LP, and Seidman Investment Partnership II, LP, all of Parsippany, New Jersey; Broad Park Investors, LLC, and Chewy Gooey Cookies, LP, both of Livingston, New Jersey; LSBK06-08, LLC, Palm Beach, Florida; four trusts for the benefit of minor children, Erica J. Fishman, individually and as trustee, and Craig Fishman, all of Franklin Lakes, New Jersey; and Allison B. Hammer, Towaco, New Jersey, individually and as trustee of the aforementioned trusts; as a group acting in concert, to acquire additional voting shares of Bankwell Financial Group, Inc., and thereby indirectly acquire voting shares of Bankwell Bank, New Canaan, Connecticut.
- Permitted, June 30, 2025
First Greenwich Financial, Inc., Cos Cob, Connecticut -- Dahlia D'Angelo, Sarasota, Florida, George Fred D'Angelo, Jr., Jake D'Angelo, Derek D'Angelo, and Kerry Elizabeth D'Angelo, Old Greenwich, Connecticut, to become members of the D'Angelo Family Group, a group acting in concert, to retain voting shares of First Greenwich Financial, Inc. (FGFI), and thereby indirectly retain voting shares of First Bank of Greenwich, Cos Cob, Connecticut; and the D'Angelo Family Trust (the trust), Naples, Florida, and Dahlia D'Angelo and George Fred D'Angelo, Jr., as co-trustees of the trust, to join the D'Angelo Family Group by acquiring voting shares of FGFI and thereby indirectly acquiring voting shares of First Bank of Greenwich.
- Permitted, April 23, 2025
Extensions Of Time
Hanover Bancorp, Inc., Mineola, New York (a Maryland corporation) -- extension to July 5, 2025, to become a bank holding company by acquiring Hanover Bancorp, Inc., and thereby indirectly acquiring Hanover Community Bank, Garden City Park, New York.
- Granted, April 14, 2025
International Operations
Mellon Overseas Investment Corporation, New York, New York -- Bank of New York Mellon, New York, New York, on behalf of its wholly owned Edge Act corporation subsidiary, Mellon Overseas Investment Corporation, New York, New York, to amend its articles of association pursuant to section 211.5(c) of Regulation K to extend its corporate existence pursuant to section 25A of the Federal Reserve Act.
- Approved, June 17, 2025
JPMorgan Chase & Co., New York, New York; JPMorgan Chase Bank, N.A., Columbus, Ohio; and J.P. Morgan International Finance Limited, New York, New York -- prior notice to make an additional investment in a foreign subsidiary pursuant to section 211.9(f) of the Board's Regulation K.
- Reviewed and no objection, March 6, 2025
Banks, State Member
Goldman Sachs Bank USA, New York, New York -- to make a public welfare investment.
- Approved, June 23, 2025
Goldman Sachs Bank USA, New York, New York -- to make a public welfare investment.
- Approved, June 18, 2025
Goldman Sachs Bank USA, New York, New York -- to make a public welfare investment (three requests).
- Approved, May 22, 2025
Goldman Sachs Bank USA, New York, New York -- to make a public welfare investment.
- Approved, April 21, 2025
Goldman Sachs Bank USA, New York, New York -- to make a public welfare investment.
- Approved, February 11, 2025
Goldman Sachs Bank USA, New York, New York -- to make a public welfare investment.
- Approved, February 3, 2025
Financial Holding Companies
The Bessemer Group, Inc., Woodbridge, New Jersey -- election to become a financial holding company.
- Effective, July 2, 2025

Last Update: July 17, 2025