FRB: H.2--Actions under delegated authority--Week ending November 9, 2019

Dieterich Bank, Effingham, Illinois -- to establish a branch at 2159 South State Route 157, Edwardsville.
-Approved, November 4, 2019

Bank Holding Companies

Bogota Financial Corp, Teaneck, New Jersey; and Bogota Financial, MHC -- to become bank holding companies by acquiring Bogota Savings Bank, Teaneck, upon its conversion from mutual to stock form.
-Approved, November 8, 2019

Bogota Financial, MHC, Teaneck, New Jersey; and Bogota Financial Corp. -- to engage de novo in extending credit and servicing loans.
-Approved, November 8, 2019

First York Ban Corp, York, Nebraska, and Cornerstone Bank -- for First York Ban Corp to acquire Malmo Bancorp, Inc., Malmo, and Security Home Bank; and for Cornerstone Bank to merge with Security Home Bank and thereby establish a branch.
-Approved, November 7, 2019

Glacier Bancorp, Inc., Kalispell, Montana -- waiver of application to acquire State Bank Corp., Lake Havasu City, Arizona, and State Bank of Arizona (State Bank), in connection with the merger of State Bank with and into Glacier Bank, Kalispell, Montana.
-Granted, November 4, 2019

Summit Financial Group, Inc., Moorefield, West Virginia -- waiver of application to acquire Cornerstone Financial Services, Inc., West Union, and Cornerstone Bank, Inc., in connection with the merger of Cornerstone Bank, Inc., with and into Summit Community Bank, Moorefield.
-Granted, November 5, 2019

Banks, Foreign

First Commercial Bank, Ltd., Taipei, Taiwan -- to establish a branch in Houston, Texas, pursuant to Regulation K.
-Approved, November 8, 2019

Banks, State Member

SunTrust Bank, Atlanta, Georgia -- to make certain public welfare investments (two applications).
-Withdrawn, November 7, 2019

Change in Bank Control

Andover Financial Corporation, Andover, Kansas -- to retain control of Andover Financial Corporation and its subsidiary, Andover State Bank, Andover.
-Permitted, November 6, 2019

Arbor Bancorp, Inc., Ann Arbor, Michigan -- change in bank control of Arbor Bancorp, Inc., and its subsidiary, Bank of Ann Arbor, Ann Arbor.
-Permitted, November 8, 2019

First & Peoples Bancshares, Inc., Russell, Kentucky -- change in bank control of First & Peoples Bancshares, Inc., and its subsidiary, First & Peoples Bank and Trust Company, Russell.
-Permitted, November 8, 2019

Financial Holding Companies

Bankers' Bank of the West Bancorp, Inc., Denver, Colorado -- election to become a financial holding company.
-Effective, November 7, 2019

International Operations

Popular, Inc., San Juan, Puerto Rico -- to indirectly acquire, through EVERTEC Group, LLC, EGM Ingenieria Sin Fronteras S.A.S., Medellin, Colombia, pursuant to Regulation K.
-Approved, November 3, 2019

Savings and Loan Holding Companies

Cincinnati Bancorp, Inc., Cincinnati, Ohio -- to become a savings and loan holding company by acquiring Cincinnati Federal, Cincinnati, a state savings association, in connection with the second-step conversion of CF Mutual Holding Company to stock form and its merger, along with Cincinnati Bancorp, with and into Cincinnati Bancorp, Inc.
-Approved, November 8, 2019

Supervision and Regulation

Santander Holdings USA, Inc. (Santander), Boston, Massachusetts -- application for approval of a proposed internal debt "conversion trigger" that would allow the Board to order the conversion of Santander's eligible long-term debt into common equity tier 1 capital, in accordance with the Board's TLAC (total loss-absorbing capacity) rule.
-Approved, November 4, 2019

Actions under delegated authority

Actions taken during the week ending November 9, 2019

Bank Branches, Domestic