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
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
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 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

Last Update: April 2, 2026