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 June 25, 2016


Bank Branches, Domestic

Secretary
Univest Bank and Trust Co., Souderton, Pennsylvania -- to establish a branch at 90 Willow Valley Lakes Drive, Willow Street.
-Approved, June 22, 2016

Bank Holding Companies

General Counsel
Cascade Bancorp, Bend, Oregon -- waiver of application to acquire Prime Pacific Financial Services, Inc., Lynnwood, Washington, and thereby indirectly acquire Prime Pacific Bank, National Association, in connection with the merger of Prime Pacific Bank with and into Bank of the Cascades, Bend.
-Granted, June 21, 2016

General Counsel
Farmers and Drovers Financial Corporation, Council Grove, Kansas -- waiver of application to acquire Alta Vista Bancshares, Inc., Alta Vista, and thereby indirectly acquire Alta Vista State Bank, in connection with the merger of Alta Vista State Bank with and into Farmers and Drovers Bank, Council Grove.
-Granted, June 17, 2016
(A/C)

Dallas
Fayette Bancshares, Inc., La Grange, Texas -- to become a bank holding company by acquiring Fayette Savings Bank, SSB, La Grange.
-Approved, June 23, 2016

General Counsel
First Citizens Bancshares, Inc., Raleigh, North Carolina, and First-Citizens Bank & Trust Company (First-Citizens Bank) -- waiver of application to acquire Cordia Bancorp, Inc., Midlothian, Virginia, in connection with the merger of Bank of Virginia into First-Citizens Bank, Raleigh.
-Granted, June 22, 2016

Minneapolis
Otto Bremer Trust, Saint Paul, Minnesota, and Bremer Financial Corporation -- to acquire, through Bremer Insurance Agencies, Inc., the insurance agency business of Ernest I. Fink Agency, Inc., Saint Paul.
-Approved, June 22, 2016

Kansas City
Sandhills Financial Services, LLC, Bassett, Nebraska -- to acquire Keystone Investment, Inc., Keystone, parent of Bank of Keystone.
-Approved, June 22, 2016

St. Louis
Stupp Bros., Inc., St. Louis, Missouri, and Midwest BankCentre, Inc. -- to indirectly acquire Bremen Bancorp, Inc., St. Louis, and thereby indirectly acquire Bremen Bank and Trust Company; and for Midwest BankCentre, St. Louis, to merge with Bremen Bank and Trust Company and thereby establish branches.
-Approved, June 20, 2016

Dallas
WestStar Bank Holding Company, Inc., El Paso, Texas -- to acquire by merger First Fabens Bancorporation, Inc., Fabens, and indirectly acquire First National Bank.
-Approved, June 21, 2016

Bank Mergers

Dallas
WestStar Bank, El Paso, Texas -- to acquire by merger First National Bank, Fabens, and thereby establish branches.
-Approved, June 21, 2016

Banks, Foreign

Director, BS&R
Banque SYZ SA, Geneva, Switzerland -- to establish a representative office in Miami, Florida.
-Approved, June 23, 2016

Banks, Nonmember, and Miscellaneous Institutions

Director, BS&R
The Prudential Insurance Company of America, Newark, New Jersey, et al. -- modification of a commitment.
-Granted, June 23, 2016

Banks, State Member

Director, BS&R
Manufacturers and Traders Trust Company, Buffalo, New York -- to make a public welfare investment.
-Approved, June 20, 2016

Director, BS&R
Regions Bank, Birmingham, Alabama -- to make certain public welfare investments (two requests).
-Approved, June 20, 2016

Director, BS&R
Western Alliance Bank, Phoenix, Arizona -- to make a public welfare investment.
-Approved, June 23, 2016

Change in Bank Control

St. Louis
Central Bancompany, Inc., Jefferson City, Missouri -- change in bank control of Central Bancompany, Inc., and its subsidiaries.
-Permitted, June 24, 2016

Minneapolis
Dakota Western Bankshares, Inc., Bowman, North Dakota -- to retain control of Dakota Western Bankshares, Inc., and its subsidiary, Dakota Western Bank, Bowman.
-Permitted, June 22, 2016

Cleveland
FNB Shares, Inc., McConnelsville, Ohio -- to retain control of FNB Shares, Inc., and its subsidiary, The First National Bank of McConnelsville, McConnelsville.
-Permitted, June 21, 2016

Kansas City
Laverne Bancshares, Inc., Laverne, Oklahoma -- change in bank control of Laverne Bancshares, Inc., and its subsidiary, Bank of Laverne, Laverne.
-Permitted, June 21, 2016

Financial Holding Companies

Director, BS&R
Westpac Banking Corporation, Sydney, Australia -- election to be treated as a financial holding company.
-Effective, June 22, 2016

International Operations

Director, BS&R
Santander Holdings USA, Inc., Boston, Massachusetts -- waiver of remainder of prior-notification period to acquire Banco Santander International, Miami, Florida
-Granted, June 21, 2016

Membership

Kansas City
American National Bank, Ardmore, Oklahoma -- to retain membership in the Federal Reserve System on conversion to a state-chartered bank, American Nation Bank.
-Approved, June 24, 2016

St. Louis
Bear State Bank, National Association, Little Rock, Arkansas -- to retain membership in the Federal Reserve System on conversion to a state-chartered bank.
-Approved, June 24, 2016

San Francisco
First National Bank of Southern California, Riverside, California -- to retain membership in the Federal Reserve System on conversion to a state-chartered bank.
-Withdrawn, June 23, 2016

Chicago
Lee County Bank and Trust, National Association, Fort Madison, Iowa -- to retain membership in the Federal Reserve System on conversion to a state-chartered bank, Lee County Bank.
-Approved, June 23, 2016

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