Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
Actions under delegated authority PDF
Actions taken during the week ending June 6, 2026
Bank Branches, Domestic
Atlanta
FirstBank, Nashville, Tennessee -- to establish a branch at Two Town Square Boulevard, Asheville, North Carolina.
Approved: June 1, 2026
M C Bank & Trust Company, Morgan City, Louisiana -- to establish a branch at 400 Interstate North Parkway SE, Atlanta, Georgia.
Approved: June 2, 2026
Dallas
PlainsCapital Bank, University Park, Texas -- to establish a branch at 500 South Preston Road, Prosper, Texas.
Approved: June 5, 2026
Kansas City
Armstrong Bank, Muskogee, Oklahoma -- to establish a branch at 16505 North May Avenue, Oklahoma City, Oklahoma.
Approved: June 1, 2026
Richmond
Bank of the Lowcountry, Walterboro, South Carolina -- to establish a branch at 186 Sea Island Parkway, Beaufort, South Carolina.
Approved: June 5, 2026
St. Louis
Armor Bank, Forrest City, Arkansas -- to establish a branch at 3105 North College Avenue, Fayetteville, Arkansas.
Approved: June 1, 2026
Simmons Bank, Pine Bluff, Arkansas -- to establish a branch at 204 West Washington Avenue, Athens, Tennessee.
Approved: June 1, 2026
Bank Holding Companies
New York
Esquire Financial Holdings, Inc., Jericho, New York -- waiver of filing requirement under section 3 of the Bank Holding Company Act to merge with Signature Bancorporation, Inc., and thereby indirectly acquire Signature Bank, both of Rosemont, Illinois, in connection with the merger of Signature Bank with and into Esquire Bank, National Association, Jericho, New York.
Approved: June 5, 2026
Banks, State Member
Chicago
Ally Bank, Sandy, Utah -- to make public welfare investments (two requests).
Approved: June 2, 2026
Dallas
Charles Schwab Bank, SSB, Westlake, Texas -- to make a public welfare investment.
Approved: June 4, 2026
Charles Schwab Bank, SSB, Westlake, Texas -- to make a public welfare investment.
Approved: June 3, 2026
New York
Goldman Sachs Bank USA, New York, New York -- to make a public welfare investment.*
Approved: May 29, 2026
*Addition
Change in Bank Control
Minneapolis
Deerwood Bancshares, Inc., Baxter, Minnesota -- the Zachariah Spalj Escrow Trust, the Kalina Spalj Escrow Trust, the Megan Ritter Escrow Trust, the Joe Ritter Escrow Trust, and the Natalie Ritter Escrow Trust, John Ohlin, as trustee of all aforementioned trusts, all of Baxter, Minnesota; to become members of the Spalj Family Control Group, a group acting in concert, to acquire voting shares of Deerwood Bancshares, Inc., and thereby indirectly acquire voting shares of Deerwood Bank, Waite Park, Minnesota.
Permitted: June 3, 2026