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 September 17, 2016


Bank Branches, Domestic

New York
Alden State Bank, Alden, New York -- to establish a branch at 6545 Transit Road, East Amherst, and to increase its investment in bank premises.
-Withdrawn, September 14, 2016

Richmond
Farmers & Merchants Bank, Timberville, Virginia -- to establish a branch at 2030 Legacy Lane, Harrisonburg.
-Approved, September 15, 2016

Dallas
Peoples Bank, Lubbock, Texas -- to establish a branch at 11011 Quaker Avenue, Lubbock.
-Approved, September 16, 2016

Atlanta
USAmeriBank, Clearwater, Florida -- to establish a branch at 427 South Florida Avenue, Lakeland.
-Approved, September 13, 2016

Bank Holding Companies

Cleveland
Commonwealth Holdings, L.L.C., Burlington, Kentucky -- to acquire additional shares of Heritage Bancorp, Inc., Burlington, and its subsidiary, Heritage Bank, Inc., Erlanger.
-Approved, September 15, 2016

Minneapolis
Flagship Financial Group, Inc., Eden Prairie, Minnesota -- to merge with Landmark Investor Group, Inc., Eden Prairie, and thereby indirectly acquire Landmark Community Bank, National Association, Isanti.
-Approved, September 15, 2016

Minneapolis
Northern Interstate Financial, Inc., Norway, Michigan -- to merge with C.F.C. Bancorp, Inc., Crystal Falls, and thereby indirectly acquire First National Bank of Crystal Falls.
-Approved, September 12, 2016

Atlanta
Pinnacle Financial Corporation, Elberton, Georgia -- to acquire Independence Bank of Georgia, Braselton.
-Approved, September 13, 2016

Philadelphia
Prudential Bancorp, Inc., Philadelphia, Pennsylvania -- to acquire Polonia Bancorp, Inc., Huntingdon Valley, and thereby indirectly acquire Polonia Bank.
-Approved, September 16, 2016

General Counsel
Westfield Financial, Inc., Westfield, Massachusetts -- waiver of application to acquire Chicopee Bancorp, Inc., Chicopee, in connection with the merger of Chicopee Savings Bank with and into Westfield Bank, Westfield.
-Granted, September 12, 2016

Bank Mergers

Secretary
Cornerstone Bank, York, Nebraska -- to purchase substantially all the assets and assume substantially all the liabilities of The State Bank of Hildreth, Hildreth, and thereby establish a branch.
-Approved, September 15, 2016

Change in Bank Control

Dallas
Southwestern Bancorp, Inc., Boerne, Texas -- change in bank control of Southwestern Bancorp, Inc., and its subsidiary, Texas Heritage Bank, Boerne.
-Permitted, September 16, 2016

Chicago
Waterman Bancshares, Inc., Waterman, Illinois -- to retain control of Waterman Bancshares, Inc., and its subsidiary, Waterman State Bank, Waterman.
-Permitted, September 13, 2016

Extensions of Time

St. Louis
Arvest Bank, Fayetteville, Arkansas -- extension to January 15, 2017, to establish a branch at the corner of Elm Springs Road and 48th Street, Springdale.
-Granted, September 16, 2016

Director, BS&R
International Bancshares Corporation, Laredo, Texas -- extension of time to conform or divest a merchant banking investment.
-Granted, September 15, 2016

Director, BS&R
JPMorgan Chase & Co., New York, New York -- extension of time to conform or divest a merchant banking investment.
-Granted, September 14, 2016

Savings and Loan Holding Companies

Boston
Westfield Financial Inc., Westfield, Massachusetts -- to acquire Chicopee Bancorp, Chicopee, its subsidiary bank, Chicopee Savings Bank, and its nonbank subsidiary, Chicopee Funding Corporation; and to be renamed Western New England Bancorp, Inc.
-Approved, September 12, 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