FRB: H.2--Actions under delegated authority--Week ending June 10, 2017

Citizens Community Bank, South Hill, Virginia -- to establish a branch at 701 Virginia Avenue, Clarksville.
-Approved, June 8, 2017

The Farmers and Mechanics Bank, Galesburg, Illinois -- to establish a branch at the corner of Knox Square Drive and Veterans Drive, Galesburg.
-Approved, June 5, 2017

OakStar Bank, Springfield, Missouri -- to establish branches at 1313 North 2nd Street, Clinton, and 101 North Maple, Buffalo (two applications).
-Approved, June 6, 2017

Solvay Bank, Solvay, New York -- to establish a branch at 197 Downer Street, Baldwinsville.
-Approved, June 8, 2017

Wintrust Bank, Chicago, Illinois -- to establish branches at 2250 North Sheffield Avenue, Chicago, and 333 South State Street.
-Approved, June 8, 2017

Byline Bancorp, Inc., Chicago, Illinois -- waiver of application in connection with a corporate reorganization to change Byline's state of incorporation.
-Granted, June 8, 2017

FirstSun Capital Bancorp, Salina, Kansas -- request for an exemption under the Depository Institution Management Interlocks Act and Regulation L.
-Granted, June 9, 2017

Guaranty Bancorp, Denver, Colorado, and Guaranty Bank and Trust Company -- request for an exemption under the Depository Institution Management Interlocks Act and Regulation L.
-Granted, June 8, 2017

Kennebunk Savings Bancorp, MHC, Kennebunk, Maine, and Kennebunk Savings Bancorp, Inc. -- to become a mutual bank holding company and a mid-tier stock bank holding company, respectively, by acquiring Kennebunk Savings Bank, Kennebunk, in connection with its conversion from mutual to stock form.
-Approved, June 8, 2017

Minnesota National Bank Retirement Savings and Employee Stock Ownership Plan & Trust, Sauk Centre, Minnesota -- to retroactively increase its ownership of Sauk Centre Financial Services, Inc., Sauk Centre, and thereby indirectly increase its control of Minnesota National Bank.
-Approved, June 9, 2017

Piedmont Bancorp, Inc., Norcross, Georgia -- to merge with Mountain Valley Bancshares, Inc., Cleveland, and thereby acquire Mountain Valley Community Bank.
-Approved, June 6, 2017

Sierra Bancorp, Porterville, California -- waiver of application to acquire OCB Bancorp, Ojai, in connection with the merger of their subsidiaries, Ojai Community Bank with and into Bank of the Sierra, Porterville.
-Granted, June 8, 2017

West Town Bancorp, Inc., Raleigh, North Carolina -- to acquire Sound Banking Company, Morehead City.
-Approved, June 6, 2017

Union Bank & Trust, Richmond, Virginia -- to purchase certain assets and assume certain liabilities of the Lovingston branch of American National Bank and Trust Company, Danville.
-Approved, June 8, 2017

Lafayette Ambassador Bank, Bethlehem, Pennsylvania -- to make a public welfare investment.
-Approved, June 8, 2017

Manufacturers and Traders Trust Company, Buffalo, New York -- to make a public welfare investment.
-Approved, June 8, 2017

Regions Bank, Birmingham, Alabama -- to make a public welfare investment.
-Approved, June 9, 2017

Frankson Investment Corporation, Waseca, Minnesota -- change in bank control of Frankson Investment Corporation and its subsidiary, The First National Bank of Waseca, Waseca.
-Permitted, June 9, 2017

LBC Bancshares, Inc., LaGrange, Georgia -- to retain control of LBC Bancshares, Inc., and its subsidiary, Calumet Bank, LaGrange.
-Permitted, June 9, 2017

San Bancorp, Sanborn, Iowa -- change in bank control of San Bancorp and its subsidiary, Sanborn Savings Bank, Sanborn.
-Permitted, June 8, 2017

Sauk Centre Financial Services, Inc., Sauk Centre, Minnesota -- to retain control of Sauk Centre Financial Services, Inc., and its subsidiary, Minnesota National Bank, Sauk Centre.
-Permitted, June 9, 2017

Southern National Bancorp of Virginia, Inc., McLean, Virginia -- extension to September 10, 2017, to acquire Eastern Virginia Bankshares, Inc., Glen Allen, and thereby indirectly acquire EVB, Tappahannock, and to engage in nonbanking activities; and for Sonabank, McLean, to merge with EVB.
-Granted, June 5, 2017

Synovus Bank, Columbus, Georgia -- commenters' requests to extend the comment period on the application to acquire certain assets and assume certain liabilities of World's Foremost Bank, Sidney, Nebraska (two requests).
-Denied, June 8, 2017

Synchrony Financial, Stamford, Connecticut -- election to become a financial holding company.
-Effective, June 8, 2017

Universal Financial Services, Inc., Bayport, Minnesota -- election to become a financial holding company.
-Effective, June 5, 2017

Boston Private Bank & Trust Company, Boston, Massachusetts -- to become a member of the Federal Reserve System.
-Approved, June 9, 2017

Madison County Bank, Madison, Nebraska -- to become a member of the Federal Reserve System.
-Approved, June 7, 2017

Actions under delegated authority

Actions taken during the week ending June 10, 2017

Bank Branches, Domestic

Bank Holding Companies

Bank Mergers

Banks, State Member

Change in Bank Control

Extensions of Time

Financial Holding Companies

Membership