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

Bank Holding Companies
Main Street Financial Services Corp., Wheeling, West Virginia -- to acquire Wayne Savings Bancshares Inc., and thereby indirectly acquire Wayne Savings Community Bank, both of Wooster, Ohio.
- Approved, March 13, 2024
KFB Holdings, Inc, Ashland, Kentucky -- to become a bank holding company by acquiring Kentucky Farmers Bank Corporation, Ashland, Kentucky.
- Approved, February 16, 2024
Nextier Incorporated, Kittanning, Pennsylvania -- to acquire Mars Bancorp, Inc., and thereby acquire Mars Bank, both of Mars, Pennsylvania, through the merger with and into NexTier Bank, N.A., Kittanning, Pennsylvania.
- Approved, January 29, 2024

Last Update: April 18, 2024