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

Bank Branches, Domestic
PBT Bancorp, Hazard, Kentucky -- to establish a branch at 297 North Main Street, Stanton, Kentucky.
- Approved, February 18, 2026
Bank Holding Companies
CSB Financial, Inc., Bethel, Ohio -- to become a bank holding company by acquiring Community Savings Bank, Bethel, Ohio, upon the conversion of Community Savings Bank from mutual to stock form.
- Approved, May 15, 2026
Farmers National Banc Corp., Canfield, Ohio -- waiver of filing requirement under section 3 of the Bank Holding Company Act to acquire Middlefield Banc Corp. and thereby indirectly acquire The Middlefield Banking Company, both of Middlefield, Ohio, in connection with the merger of Middlefield Bank with and into The Farmers National Bank of Canfield, Canfield, Ohio.
- Granted, January 16, 2026
Bank Premises
The Apple Creek Banking Company, Apple Creek, Ohio -- to increase its investment in bank premises.
- Approved, July 15, 2026
Change In Bank Control
The Corn City State Bank, Deshler, Ohio -- Danelda H. Drewes Trust, Danelda H. Drewes, as trustee, Robert L. Drewes Trust, Robert L. Drewes, as trustee, Mark R. Drewes, Melody S. Drewes, Darcy R. Krassow, and Tyler J. Krassow, all of Custar, Ohio; Rhonda L. Hogrefe, Roger L. Hogrefe, Nicholas D. Hogrefe, Charity H. Hogrefe, Monica L. Socha, and Marc S. Socha, all of Bowling Green, Ohio; Lynette M. Behrman and Herbert A. Behrman, both of Hamler, Ohio; Lorna I. Behrman, Malinta, Ohio; Tyler R. Drewes and Whitni C. Drewes, both of Deshler, Ohio; Chase L. Drewes and Laura J. Drewes, both of McComb, Ohio; and Alexander L. Hogrefe and Kimberly S. Hogrefe, both of Arlington, Massachusetts, as members of the Drewes Family Control Group, a group acting in concert, to retain voting shares of The Corn City State Bank, Deshler, Ohio.
- Permitted, July 20, 2026
First Niles Financial, Inc., Niles, Ohio -- Lance F. Osborne, individually, as trustee of the Osborne Capital Group Pension, and as trustee of the Osborne Capital Corp. 401K Plan, Osborne Capital Partners II, LLC, and Brian Osborne, as trustee of the L.F. Osborne Irrevocable Family Trust, all of Mentor, Ohio, to join the Osborne Capital Corp, a group acting in concert, to acquire voting shares of First Niles Financial, Inc., and thereby indirectly acquire voting shares of Home Federal Savings and Loan Association of Niles Ohio, Niles, Ohio.
- Permitted, July 7, 2026
Fryburg Banking Company Inc., Fryburg, Pennsylvania -- Russell A. Weaver II and Sandra M. Weaver, both of Shippenville, Pennsylvania, and Wanda K. Weaver-Marshall, Venus, Pennsylvania, to form the Weaver Family Control Group, a group acting in concert, to retain voting shares of Fryburg Banking Company Inc. and thereby indirectly retain voting shares of First United National Bank, Fryburg, Pennsylvania.
- Permitted, May 7, 2026
International Operations
Fifth Third Bank, National Association, Cincinnati, Ohio -- to establish a branch in the Cayman Islands pursuant to section 211.3(b)(2) of Regulation K, as a result of the proposed acquisition of Comerica Bank.
- Approved, January 30, 2026
Savings and Loan Holding Companies
First Mutual Holding Co., Lakewood, Ohio -- to acquire The Savings and Loan Association of Centerburg, Centerburg, Ohio.
- Approved, February 2, 2026

Last Update: August 20, 2026