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 27, 2020


Bank Holding Companies

Chicago
Ally Financial Inc. (Ally), Detroit, Michigan; and IB Finance Holding Company, LLC (IB Finance) -- to acquire Cardholder Management Services, Inc., Woodbury, New York, and indirectly acquire Merrick Bank Corporation, South Jordan, Utah, and thereby engage in operating an industrial bank; and for Ally Bank, Sandy, to merge with Merrick Bank Corporation.
-Withdrawn, June 24, 2020

Chicago
Arbor Bancorp, Inc., Ann Arbor, Michigan -- to acquire via merger FNBH Bancorp, Inc., Howell, and thereby indirectly acquire First National Bank in Howell.
-Withdrawn, June 25, 2020

Chicago
Nicolet Bankshares, Inc., Green Bay, Wisconsin -- waiver of application to acquire Advantage Community Bancshares, Inc., Wausau, and Advantage Community Bank (ACB), Dorchester, in connection with the merger of ACB with and into Nicolet National Bank, Green Bay.
-Granted, June 25, 2020

Chicago
Piper Holdings, Inc., Covington, Indiana -- to acquire SBB Bancshares, Inc., Burnettsville, and thereby indirectly acquire State Bank of Burnettsville.
-Approved, June 26, 2020

Atlanta
United Community Banks, Inc., Blairsville, Georgia -- waiver of application to acquire Three Shores Bancorporation, Inc., Orlando, Florida, and Seaside National Bank and Trust (Seaside), in connection with the merger of Seaside with and into United Community Bank, Blairsville.
-Granted, June 25, 2020

Change in Bank Control

Kansas City
Alamosa Bancorporation, Ltd., Alamosa, Colorado -- change in bank control of Alamosa Bancorporation, Ltd., and its subsidiary, Alamosa State Bank, Alamosa.
-Permitted, June 22, 2020

Kansas City
First Thomas Ban Corp., Thomas, Oklahoma -- to retain control of First Thomas Ban Corp. and its subsidiary, First Bank of Thomas, Thomas.
-Permitted, June 26, 2020

Philadelphia
Pacific Mercantile Bancorp, Costa Mesa, California -- change in bank control of Pacific Mercantile Bancorp and its subsidiary, Pacific Mercantile Bank, Costa Mesa.
-Permitted, June 24, 2020

Minneapolis
Western Bancorporation, Inc., Duluth, Minnesota -- to retain control of Western Bancorporation, Inc., and its subsidiaries, Western National Bank, Duluth; Cass Lake Company, Cass Lake; and Western National Bank of Cass Lake.
-Permitted, June 22, 2020

Extensions of Time

Secretary
Morgan Stanley, New York, New York -- extension of time to dispose of certain real estate and loan assets.
-Granted, June 26, 2020

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