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Bank Branches, Domestic
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First Bank, Southern Pines, North Carolina -- to establish a branch at 162 College Street, Asheville, [North Carolina.]
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Approved,
June 5, 2025
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The First Bank and Trust Company, Lebanon, Virginia -- to establish a branch at 148 Cold Creek Drive, Morristown, Tennessee.
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Approved,
June 4, 2025
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Bank of Clarke, Berryville, Virginia -- to establish a branch at 1313 Dolley Madison Boulevard, McLean, Virginia.
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Approved,
May 20, 2025
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Burke and Herbert Bank and Trust Company, Alexandria, Virginia -- to establish a branch at the corner of Broad Street Road East (Route 250) and Wilkes Ridge Parkway South in Goochland County, Virginia.
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Approved,
April 25, 2025
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First Bank, Southern Pines, North Carolina -- to establish a branch at 11324 North Community House Road, Charlotte, North Carolina.
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Approved,
April 7, 2025
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Benchmark Community Bank, Kenbridge, Virginia -- to establish a branch at 105 South Main Street, Franklinton, North Carolina, and to increase its investment in bank premises.
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Approved,
March 31, 2025
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Atlantic Union Bank, Richmond, Virginia -- to establish a branch at 13794 Smoketown Road, Woodbridge, Virginia.
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Approved,
March 5, 2025
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Clear Mountain Bank, Inc., Bruceton Mills, West Virginia -- to establish a branch at 241 Middletown Loop, White Hall, West Virginia, and to increase its investment in bank premises.
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Approved,
January 7, 2025
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Bank Holding Companies
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Freedom Bancshares, Inc., Belington, West Virginia -- waiver of application to acquire Appalachian Financial Corporation and thereby indirectly acquire BCBank, Inc. (BCBK), both of Philippi, West Virginia, in connection with the merger of BCBK with and into Freedom Bank, Inc., Belington, West Virginia.
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Granted,
February 12, 2025
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Atlantic Union Bankshares Corporation, Glen Allen, Virginia -- (1) to acquire Sandy Spring Bancorp, Inc., and thereby indirectly acquire Sandy Spring Bank, both of Olney, Maryland, and (2) for Atlantic Union Bank, Richmond, Virginia, to merge with Sandy Spring Bank and operate Sandy Spring Bank's branches.
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Approved,
January 13, 2025
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Bank Premises
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The Farmers Bank of Appomattox, Appomattox, Virginia -- to increase its investment in bank premises.
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Approved,
April 25, 2025
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First Sentinel Bank, Richlands, Virginia -- to increase its investment in bank premises.
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Approved,
February 12, 2025
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Putnam County Bank, Hurricane, West Virginia -- to increase its investment in bank premises.
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Approved,
January 14, 2025
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Change In Bank Control
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Freedom Bancshares, Inc., Belington, West Virginia -- The Craig G. Phillips Revocable Trust, sole trustee Craig G. Phillips, Buckhannon, West Virginia, to acquire voting shares of Freedom Bancshares, Inc., and thereby indirectly acquire voting shares of Freedom Bank, Inc., Belington, West Virginia.
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Permitted,
February 10, 2025
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Banks, State Member
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United Bank, Fairfax, Virginia -- to make a public welfare investment (two requests).
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Withdrawn,
May 29, 2025
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