Actions taken by the Federal Reserve Bank of Philadelphia under delegated authority

Bank Branches, Domestic
Asian Bank, Philadelphia, Pennsylvania -- to establish a branch at 934 East Passyunk Avenue, Philadelphia, Pennsylvania.
- Approved, January 19, 2024
Change In Bank Control
Blue Ridge Bankshares, Inc., Charlottesville, Virginia -- Kenneth R. Lehman, Fort Lauderdale, Florida; to acquire voting shares of Blue Ridge Bankshares, Inc., and thereby indirectly acquire voting shares of Blue Ridge Bank, National Association, Martinsville, Virginia.
- Permitted, March 14, 2024
Fortis Bancorp, Denver, Colorado -- Patriot Financial Partners GP III, LLC; Patriot Financial Partners GP III, L.P.; and others; as a group acting in concert to acquire voting shares of Fortis Bancorp and thereby indirectly acquire voting shares of Fortis Bank, Denver, Colorado.
- Permitted, January 19, 2024

Last Update: April 25, 2024