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

Bank Branches, Domestic
The State Bank and Trust Company, Defiance, Ohio -- to establish a branch at 1232 North Main Street, Bowling Green.
- Approved, November 8, 2017
Heartland Bank, Gahanna, Ohio -- to establish branches at 4476 North High Street and 430 North Hamilton Road, Columbus (two applications).
- Approved, May 11, 2017
Fifth Third Bank, Cincinnati, Ohio -- to establish a branch at 5400 North Cornerstone Boulevard, Centerville.
- Approved, April 18, 2017
Bank Holding Companies
SSB Bancorp, MHC, Pittsburgh, Pennsylvania, and SSB Bancorp, Inc. -- to become a mutual bank holding company and a stock bank holding company, respectively, by acquiring Slovak Savings Bank, Pittsburgh, in connection with the conversion of Slovak Savings Bank from mutual to stock form and a minority stock issuance by SSB Bancorp.
- Approved, November 7, 2017
Wayne Savings Bancshares, Inc., Wooster, Ohio -- to become a bank holding company by acquiring Wayne Savings Community Bank, Wooster, on its conversion from a savings and loan association to a commercial bank.
- Approved, August 8, 2017
Farmers National Banc Corp., Canfield, Ohio -- to acquire Monitor Bancorp, Inc., Big Prairie, and thereby indirectly acquire The Monitor Bank.
- Approved, June 21, 2017
S & T Bancorp, Inc., Indiana, Pennsylvania -- to acquire shares of Standard Financial Corporation, Murrysville.
- Approved, March 30, 2017
Bank Premises
The Richwood Banking Company, Inc., Richwood, Ohio -- request to exceed the limit on investment in bank premises.
- Withdrawn, June 26, 2017
Heartland Bank, Gahanna, Ohio -- request to exceed the limit on investment in bank premises.
- Approved, May 11, 2017
Change In Bank Control
The Corn City State Bank, Deshler, Ohio -- to retain control of The Corn City State Bank, Deshler.
- Permitted, August 17, 2017
Citizens Commerce Bancshares, Inc., Versailles, Kentucky -- change in bank control of Citizens Commerce Bancshares, Inc., and its subsidiary, Citizens Commerce National Bank, Versailles.
- Permitted, January 26, 2017
Extensions Of Time
The PNC Financial Services Group, Pittsburgh, Pennsylvania -- request for an extended transition period to conform an investment in a fund that would become an illiquid fund under the Volcker Rule.
- Granted, October 23, 2017
Standard Financial Corp, Murrysville, Pennsylvania -- extension to May 23, 2017, to acquire Allegheny Valley Bancorp, Inc., Pittsburgh, and thereby acquire Allegheny Valley Bank of Pittsburgh.
- Granted, February 21, 2017
BlackRock, New York, New York -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
- Granted, February 14, 2017
KeyCorp, Cleveland, Ohio -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
- Granted, February 13, 2017
Fifth Third Bancorp, Cincinnati, Ohio -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
- Granted, February 7, 2017
Huntington Bancshares Incorporated, Columbus, Ohio -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
- Granted, February 6, 2017
PNC Financial Services Group, Inc., Pittsburgh, Pennsylvania -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
- Granted, February 2, 2017
Financial Holding Companies
Peoples National Bancshares, Inc., New Lexington, Ohio -- election to become a financial holding company.
- Effective, November 7, 2017
Savings and Loan Holding Companies
First Mutual Holding Co., Lakewood, Ohio -- to acquire Doolin Security Savings Bank, FSB, New Martinsville, West Virginia, in connection with the formation and acquisition of First Mutual Bank, Belpre, Ohio, and the subsequent merger of Doolin Security Savings Bank and First Mutual Holding Co.'s thrift subsidiary, Belpre Savings Bank, Belpre, with and into First Mutual Bank.
- Approved, November 14, 2017
Greenville Federal Financial Corporation, Greenville, Ohio -- to conduct a minority stock issuance.
- Approved, September 1, 2017
The Victory Trust, Villa Hills, Kentucky, and Granville/Annapolis Trust -- to become savings and loan holding companies by acquiring shares of Victory Bancorp, Inc., Fort Mitchell, and thereby acquiring control of Victory Community Bank, FSB.
- Approved, June 16, 2017
Eagle Financial Bancorp, Inc., Cincinnati, Ohio -- to become a savings and loan holding company by acquiring Eagle Savings Bank, Cincinnati, in connection with the mutual-to-stock conversion of Eagle Savings Bank.
- Approved, April 28, 2017

Last Update: December 14, 2017