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

Bank Branches, Domestic
First Community Bank, Bluefield, Virginia -- to establish a branch at 243 Main Avenue, Pineville, West Virginia.
- Approved, February 27, 2026
First Bank, Strasburg, Virginia -- to establish a branch at 6701 Courthouse Landing Lane, Chesterfield, Virginia.
- Approved, January 14, 2026
Bank Holding Companies
BOC Financial Corporation, Ocean City, Maryland -- to become a bank holding company by acquiring Bank of Ocean City, Ocean City, Maryland.
- Approved, March 5, 2026
Bank Premises
Putnam County Bank, Hurricane, West Virginia -- to increase its investment in bank premises.
- Approved, January 12, 2026

Last Update: April 2, 2026