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 30, 2018


Bank Branches, Domestic

Atlanta
Compass Bank, Birmingham, Alabama -- to establish a branch at 8620 Skillman Street, Dallas, Texas.
-Approved, June 28, 2018

St. Louis
Field & Main Bank, Henderson, Kentucky -- to establish a branch at 369 East Main Street, Lexington.
-Approved, June 27, 2018

St. Louis
Triumph Bank, Memphis, Tennessee -- to establish a branch at 278 Franklin Road, Brentwood.
-Approved, June 25, 2018

Bank Holding Companies

General Counsel
Allegiance Bancshares, Inc., Houston, Texas -- waiver of application to acquire Post Oak Bancshares, Inc., Houston, and Post Oak Bank, N.A. (Post Oak Bank), in connection with Post Oak Bank's merger with and into Allegiance Bank.
-Granted, June 26, 2018

Atlanta
First US Bancshares, Inc., Birmingham, Alabama -- to acquire The Peoples Bank, Rose Hill, Virginia.
-Approved, June 26, 2018

Philadelphia
Freehold MHC, Freehold, New Jersey, and Freehold Bancorp -- to convert from savings and loan holding companies (SLHCs) to bank holding companies on the conversion of Freehold Savings Bank, Freehold, from a federally chartered savings bank to a state-chartered savings bank, and for Freehold MHC and Freehold Bancorp, two de novo corporations, to become bank holding companies by merging with the former SLHCs.
-Approved, June 28, 2018

Atlanta
National Commerce Corporation, Birmingham, Alabama -- to merge with Landmark Bancshares, Inc., Marietta, Georgia, and thereby acquire its subsidiary, First Landmark Bank.
-Approved, June 26, 2018

Banks, Nonmember, and Miscellaneous Institutions

Director, S&R
EJF Capital LLC, et al., Arlington, Virginia -- relief from certain commitments (two requests).
-Granted, June 28, 2018

Director, S&R
EJF Capital LLC, et al., Arlington, Virginia -- relief from certain commitments.
-Granted, June 25, 2018

Banks, State Member

Atlanta
Compass Bank, Birmingham, Alabama -- to make certain public welfare investments.
-Approved, June 29, 2018

Director, S&R
East West Bank, Pasadena, California -- to make a public welfare investment.
-Approved, June 28, 2018

Change in Bank Control

Kansas City
First Southwest Bancorporation, Inc., Alamosa, Colorado -- to retain control of First Southwest Bancorporation, Inc., and its subsidiary, First Southwest Bank, Alamosa.
-Permitted, June 29, 2018

Philadelphia
Honat Bancorp, Inc., Honesdale, Pennsylvania -- to retain control of Honat Bancorp, Inc., and its subsidiary, The Honesdale National Bank, Honesdale.
-Permitted, June 28, 2018

Chicago
Westbury Bancorp, Inc., West Bend, Wisconsin -- to retain control of Westbury Bancorp, Inc., and its subsidiary, Westbury Bank, West Bend.
-Permitted, June 25, 2018

Extensions of Time

Director, S&R
Citigroup Inc., New York, New York -- extension of time to conform or divest a merchant banking investment.
-Granted, June 26, 2018

Director, S&R
PNC Financial Services Group, Inc., Pittsburgh, Pennsylvania -- extension of time to conform or divest a merchant banking investment.
-Granted, June 27, 2018

Regulations and Policies

Director, S&R
Financial Sector Liabilities -- annual determination of the aggregate consolidated liabilities of financial companies, as required by section 622 of the Dodd-Frank Act.
-Approved, June 27, 2018

Savings and Loan Holding Companies

General Counsel
Capitol Federal Financial, Inc., Topeka, Kansas -- waivers of applications under the Bank Holding Company Act and the Home Owners' Loan Act to acquire Capital City Bancshares, Topeka, and Capital City Bank, in connection with the merger of Capital City Bank with and into Capitol Federal Savings Bank.
-Granted, June 26, 2018

Minneapolis
Meta Financial Group, Inc., Sioux Falls, South Dakota -- (1) to become a bank holding company by merging with Crestmark Bancorp, Inc., Troy, Michigan, and thereby indirectly acquiring its subsidiary bank, Crestmark Bank; (2) to retain ownership of MetaBank, Sioux Falls, and thereby operate a savings association; (3) to acquire shares of each of CM Sterling, LLC; Capital Equipment Solutions, LLC; CM Help, LLC; CM Southgate, LLC; and CM TFS LLC, all of Troy (Crestmark Bank Subsidiaries), and thereby engage in lending activities; (4) to convert back to a savings and loan holding company after the merger of Crestmark Bank with and into MetaBank and to retain all its current operations, including those of MetaBank and its subsidiaries.
-Approved, June 27, 2018

General Counsel
State Farm Mutual Automobile Insurance Company, Bloomington, Illinois -- request for an exemption to permit an individual to become an institution-affiliated party.
-Granted, June 28, 2018

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