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Bank Holding Companies
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QNB Corp., Quakertown, Pennsylvania -- waiver of filing requirement under section 3 of the Bank Holding Company Act for QNB Corp. to merge with The Victory Bancorp, Inc., and thereby indirectly acquire its subsidiary state member bank, The Victory Bank, both of Limerick, Pennsylvania.
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Granted,
February 20, 2026
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Mid Penn Bancorp, Inc. (Mid Penn), Harrisburg, Pennsylvania -- waiver of filing requirement under [section 3] of the Bank Holding Company Act for Mid Penn to merge with 1st Colonial Bancorp, Inc., and thereby indirectly acquire its subsidiary state nonmember bank, 1st Colonial Community Bank, both of Collingswood, New Jersey.
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Granted,
February 6, 2026
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ENB Financial Corp, Ephrata, Pennsylvania -- waiver of filing requirement under section 3 of the Bank Holding Company Act to acquire Cecil Bancorp, Inc., and thereby indirectly acquire Cecil Bank, both of Elkton, Maryland, in connection with the merger of Cecil Bank with and into Ephrata National Bank, Ephrata, Pennsylvania.
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Granted,
January 8, 2026
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Change In Bank Control
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Sabine Bancshares, Inc., Many, Louisiana -- Kenneth R. Lehman, Fort Lauderdale, Florida, to acquire voting shares of Sabine Bancshares, Inc., and thereby indirectly acquire voting shares of Sabine State Bank and Trust Company, Many, Louisiana.
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Permitted,
March 31, 2026
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Membership
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CNB Bank, Clearfield, Pennsylvania -- to become a member of the Federal Reserve System.
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Approved,
February 6, 2026
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Savings and Loan Holding Companies
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Vecta, Inc., Irvington, New York -- application by Voting Trust, and Nicholas A. Frungillo, Jr., as trustee, both of Mountainside, New Jersey (Voting Trust created pursuant to the Voting Trust Agreement by and between Vecta Partners LLC and Mark Silber, both of Suffern, New York, and Nicholas A. Frungillo, Jr., as trustee of the Voting Trust) to become a savings and loan holding company by retaining the voting shares of Vecta, Inc., and thereby indirectly retaining the voting shares of its wholly owned subsidiary, Sunnyside Federal Savings and Loan Association of Irvington, Irvington, New York.
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Approved,
April 30, 2026
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JAB Partners, Inc., Brooklyn, New York (whose principals include Jeffrey Brian Zwick, Brooklyn, New York; Bathsheba Epstein-Hersko, Brooklyn, New York; Steven Joseph Hersko, Brooklyn, New York; and Avery S. Weisz, Jackson, New Jersey) -- to become a savings and loan holding company by acquiring Vecta, Inc., and thereby indirectly acquiring Sunnyside Federal Savings and Loan Association of Irvington, both of Irvington, New York.
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Withdrawn,
March 6, 2026
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