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 July 22, 2017


Bank Branches, Domestic

St. Louis
Arvest Bank, Fayetteville, Arkansas -- to establish a branch at 2313 South Rouse Street, Pittsburg, Kansas.
-Approved, July 19, 2017

Philadelphia
Asian Bank, Philadelphia, Pennsylvania -- to establish a branch at 6509 Castor Avenue, Philadelphia.
-Approved, July 18, 2017

Bank Holding Companies

San Francisco
CBB Bancorp, Inc., Dover, Delaware -- to become a bank holding company by acquiring Commonwealth Business Bank, Los Angeles, California.
-Approved, July 19, 2017

General Counsel
Community State Bancorporation, Spencer, Iowa -- waiver of application to acquire Little Sioux Bancshares, Inc., Sioux Rapids, in connection with the merger of their subsidiaries, First State Bank and Community Bank, Spencer.
-Granted, July 19, 2017

Richmond
Entegra Financial Corp., Franklin, North Carolina -- waiver of application to acquire Chattahoochee Bank of Georgia, Gainesville, Georgia, in connection with its merger with Entegra Bank, Franklin.
-Withdrawn, July 20, 2017

General Counsel
Starion Bancorporation, Bismarck, North Dakota -- request for an exemption to permit an individual to own shares in Starion Bancorporation.
-Granted, July 20, 2017

General Counsel
State Bank Financial Corporation, Atlanta, Georgia -- waiver of application to acquire AloStar Bank of Commerce (AloStar), Birmingham, Alabama, in connection with AloStar's merger with State Bank and Trust Company, Macon, Georgia.
-Granted, July 18, 2017

Banks, State Member

Director, S&R
Regions Bank, Birmingham, Alabama -- to make certain public welfare investments (two requests).
-Approved, July 21, 2017

Change in Bank Control

Kansas City
Citizens Bancshares Co., Kansas City, Missouri -- change in bank control of Citizens Bancshares Co. and its subsidiary, Citizens Bank and Trust Company, Kansas City.
-Permitted, July 21, 2017

Minneapolis
Starion Bancorporation, Bismarck, North Dakota -- to retain control of Starion Bancorporation and its subsidiary, Starion Bank, Bismarck.
-Permitted, July 21, 2017

Extensions of Time

Chicago
American Trust & Savings Bank, Dubuque, Iowa -- extension to November 22, 2017, to establish a branch at 7204 University Avenue, Windsor Heights.
-Granted, July 10, 2017
(A/C)

Chicago
Minier Financial, Inc. Employee Stock Ownership Plan w/401(k) Provisions, Minier, Illinois -- extension to October 20, 2017, to acquire additional shares of Minier Financial, Inc., Minier, and thereby increase its indirect ownership of First Farmers State Bank.
-Granted, July 19, 2017

Financial Holding Companies

Kansas City
The Osawatomie Agency, Inc., Osawatomie, Kansas -- election to become a financial holding company.
-Effective, July 21, 2017

Membership

Chicago
The National Bank of Waupun, Waupun, Wisconsin -- to retain membership in the Federal Reserve System following its conversion to a state-chartered bank, and to increase its investment in bank premises.
-Approved, July 20, 2017

Savings and Loan Holding Companies

Philadelphia
Ponce Bank Mutual Holding Company, Bronx, New York, and PDL Community Bancorp -- to become a mutual holding company and a savings and loan holding company, respectively, by acquiring Ponce De Leon Federal Bank following its conversion from a mutual savings bank to a stock savings bank, to be called Ponce Bank; and for PDL Community Bancorp to conduct a minority stock issuance.
-Approved, July 21, 2017

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