Board Actions

Actions taken during the week ending June 29, 2019

Bank Holding Companies

Banco Santander, S.A., Madrid, Spain -- to indirectly acquire additional shares of Santander Consumer USA Holdings Inc., Dallas, Texas.
-Approved, June 26, 2019

Texas Independent Bancshares, Inc., Texas City, Texas -- to acquire Preferred Bancshares, Inc., Houston, and thereby indirectly acquire Preferred Bank; and for Texas First Bank, Texas City, to merge with Preferred Bank and establish branches.
-Approved, June 26, 2019

Forms

Forms -- initial Board review to extend without revision the Recordkeeping Provisions Associated with Guidance on Leveraged Lending (FR 4203).
-Proposed, June 24, 2019

Personnel

Division of Supervision and Regulation -- appointment of James F. Price, Jr., as deputy director.
-Approved, June 20, 2019
(A/C)

Supervision and Regulation

Stress tests and capital plan reviews -- 2019 results.
-Approved, June 20, 2019
(A/C)