Release dates | Full version (300 KB PDF)
Board Actions | Actions under delegated authority
Applications and reports received:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco

Actions under delegated authority

Actions taken during the week ending March 14, 2015


Bank Branches, Domestic

St. Louis
The Citizens Bank, Batesville, Arkansas -- to establish a branch at 150 Airport Road, Hot Springs.
-Approved, March 13, 2015

Richmond
Farmers & Merchants Bank, Timberville, Virginia -- to establish a branch at 2813 North Augusta Street, Staunton.
-Approved, March 12, 2015

Chicago
The Friendship State Bank, Friendship, Indiana -- to establish a branch near Tanners Creek Drive and Highway 50, Lawrenceburg.
-Approved, March 13, 2015

Chicago
Morton Community Bank, Morton, Illinois -- to establish a branch at 2401 East Empire Street, Bloomington.
-Approved, March 10, 2015

Boston
Needham Bank, Needham, Massachusetts -- to establish a branch at 857 Main Street, Millis.
-Approved, March 12, 2015

Secretary
SmartBank, Pigeon Forge, Tennessee -- to establish a branch at 5401 Kingston Pike, Knoxville.
-Approved, March 12, 2015

Bank Holding Companies

Kansas City
Citizens National Corporation, Wisner, Nebraska -- to acquire shares of Republic Corporation, Omaha, and its subsidiary, United Republic Bank.
-Approved, March 11, 2015

New York
CRB Group Inc., Teaneck, New Jersey -- to become a bank holding company by acquiring Cross River Bank, Teaneck.
-Approved, March 12, 2015

Atlanta
First Commercial Bancshares, Inc., Jackson, Mississippi -- to acquire Desoto County Bank, Horn Lake.
-Withdrawn, March 10, 2015

Dallas
FNBK Holdings, Inc., Dallas, Texas -- to become a bank holding company by acquiring The First National Bank of Kemp, Kemp.
-Withdrawn, March 9, 2015

Dallas
Guaranty Bancshares, Inc., Mount Pleasant, Texas -- to acquire Texas Leadership Bank, Royse City.
-Approved, March 11, 2015

New York
Investors Bancorp, Inc., Short Hills, New Jersey -- to repurchase shares of its common stock, under Regulation MM.
-Approved, March 13, 2015

Chicago
Lake Financial Corporation, Baldwin, Michigan -- to become a bank holding company by acquiring Lake-Osceola State Bank, Baldwin, and election to become a financial holding company.
-Approved, March 13, 2015

Atlanta
Liberty Financial Services, Inc., New Orleans, Louisiana -- waiver of application to acquire Birthright, Inc., Tuskegee, Alabama, in connection with the merger of their subsidiaries, First Tuskegee Bank and Liberty Bank and Trust Company, New Orleans.
-Granted, March 6, 2015
(A/C)

Dallas
Normangee Bancshares, Inc., Normangee, Texas -- to become a bank holding company by acquiring Normangee State Bank, Normangee.
-Withdrawn, March 13, 2015

Kansas City
Premier Bancshares, Inc., Omaha, Nebraska -- waiver of application to acquire Farmers Bancshares, Inc., Nebraska City, in connection with the merger of their subsidiaries, Farmers Bank and Trust Company and Premier Bank, Omaha.
-Granted, March 13, 2015

Banks, State Member

Director, BS&R
Goldman Sachs Bank USA, New York, New York -- to make a public welfare investment.
-Approved, March 13, 2015

Director, BS&R
SunTrust Bank, Atlanta, Georgia -- to make certain public welfare investments.
-Approved, March 13, 2015

Change in Bank Control

Richmond
Blue Ridge Bankshares, Inc., Luray, Virginia -- change in bank control of Blue Ridge Bankshares, Inc., and its subsidiary, Blue Ridge Bank, Inc., Luray.
-Permitted, March 11, 2015

Atlanta
First Bancshares of Stevenson, Inc., Stevenson, Alabama -- to retain control of First Bancshares of Stevenson, Inc., and its subsidiary, First Southern State Bank, Stevenson.
-Permitted, March 11, 2015

Minneapolis
Olmsted Holding Corporation, Rochester, Minnesota -- change in bank control of Olmsted Holding Corporation and its subsidiary, Olmsted National Bank, Rochester.
-Permitted, March 13, 2015

Chicago
Pioneer Development Company, Sergeant Bluff, Iowa -- to retain control of Pioneer Development Company and its subsidiary, Pioneer Bank, Sergeant Bluff.
-Permitted, March 9, 2015

Kansas City
Widmer Bancshares, Inc., Salisbury, Missouri -- change in bank control of Widmer Bancshares, Inc., and its subsidiary, The Merchants and Farmers Bank of Salisbury, Salisbury.
-Permitted, March 13, 2015

Extensions of Time

San Francisco
First Financial Northwest, Inc., Renton, Washington -- extension to March 31, 2015, to become a bank holding company by acquiring First Savings Bank Northwest, Renton; to engage in extending credit and servicing loans; and to engage in real estate settlement servicing through its subsidiary, First Financial Diversified Corporation.
-Granted, March 10, 2015

Membership

Boston
Savings Institute Bank and Trust Company, Willimantic, Connecticut -- to become a member of the Federal Reserve System.
-Approved, March 9, 2015

Savings and Loan Holding Companies

Philadelphia
Kearny MHC, Kearny, New Jersey -- (1) for Kearny MHC to convert from mutual to stock form; (2) for a newly formed Kearny Financial Corp., Fairfield, to become a savings and loan holding company by acquiring Kearny Federal Savings Bank, Fairfield; and (3) requests by Kearny MHC and Kearny Financial Corp. for a waiver under Regulation MM.
-Granted, March 13, 2015

Release dates | Full version (300 KB PDF)
Board Actions | Actions under delegated authority
Applications and reports received:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco