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 May 29, 2021


Bank Branches, Domestic

Richmond
Atlantic Union Bank, Richmond, Virginia -- to establish a branch at 1406 Roseneath Road, Richmond.
-Approved, May 27, 2021

Kansas City
Bank of Jackson Hole, Jackson, Wyoming -- to establish a branch at 80 East Eagle Gate Drive, Eagle, Idaho (to be known as Bright Bank, a division of Bank of Jackson Hole, Eagle Branch).
-Approved, May 27, 2021

Cleveland
Community Trust Bank, Inc., Pikeville, Kentucky -- to establish a branch at 315 Pleasant View Drive, Georgetown.
-Approved, May 26, 2021

Minneapolis
Opportunity Bank of Montana, Helena, Montana -- to establish a branch at 1112 Shiloh Crossing Boulevard, Billings.
-Approved, May 27, 2021

Dallas
Susser Bank, Bedford, Texas -- to establish a branch at 11503 North West Military Highway, San Antonio.
-Approved, May 26, 2021

Bank Holding Companies

General Counsel
Clinton Bancshares, Inc., Clinton, Oklahoma -- modification of certain commitments.
-Granted, May 25, 2021

Dallas
Crossroads Systems, Inc., Dallas, Texas -- to become a bank holding company by acquiring Rice Bancshares, Inc., Rice, and indirectly, The First State Bank.
-Withdrawn, May 28, 2021

Director, S&R
Itaú Unibanco S.A., São Paulo, Brazil; Itaú Unibanco Holding S.A.; IUPAR Itaú Unibanco Participações S.A.; Itaúsa S.A.; and Companhia E. Johnston de Participações -- relief from certain commitments.
-Granted, May 28, 2021

Bank Mergers

Richmond
First Bank, Strasburg, Virginia -- to merge with The Bank of Fincastle, Fincastle, and thereby establish a branch.
-Approved, May 28, 2021

Minneapolis
The Yellowstone Bank, Laurel, Montana -- to merge with 1st Bank, Broadus, and thereby establish branches.
-Approved, May 28, 2021

Banks, Foreign

Director, S&R
Adyen, N.V., Amsterdam, The Netherlands -- to establish a branch in San Francisco, California.
-Approved, May 24, 2021

Banks, State Member

Secretary
The Northern Trust Company, Chicago, Illinois -- to make a public welfare investment.
-Approved, May 21, 2021
(A/C)

Change in Bank Control

Atlanta
Clinton Bancshares, Inc., Clinton, Louisiana -- Dennis Randall Aucoin, Slaughter, to retain voting shares of Clinton Bancshares, Inc., and thereby indirectly retain voting shares of Landmark Bank, Clinton.
-Permitted, May 25, 2021

Atlanta
Clinton Bancshares, Inc., Clinton, Louisiana -- Lynette Elaine Ligon, Robert David Ligon, both of Clinton, and Alison Leslie Ligon, Ethel, to join the Ligon Family Control Group, a group acting in concert, to retain voting control of Clinton Bancshares, Inc., and thereby indirectly retain voting shares of Landmark Bank, Clinton.
-Permitted, May 25, 2021

St. Louis
Fredonia Valley Bancorp, Inc., Fredonia, Kentucky -- Kimberly B. Brown and Barry K. Brown, both of Princeton, to retain voting shares of Fredonia Valley Bancorp, Inc., and thereby indirectly retain voting shares of Fredonia Valley Bank, Fredonia.
-Permitted, May 26, 2021

Dallas
Louise Bancshares, Inc., Louise, Texas -- Lloyd Myatt Hancock, Anita Ramsey Richards, both of Sugarland; John W. Hancock, Jr., Karen Irene Jenkins, William R. Jenkins, Jr., William R. "Chip" Jenkins III, Susan Richards, all of El Campo; John W. "Trey" Hancock III, Austin; Richard Myatt Ramsey, Danevang; and Phyllis Ramsey Lawhon, Lampasas (the "Control Group"), to retain voting shares of Louise Bancshares, Inc. ("Company") and thereby indirectly retain voting shares of First State Bank, Louise, and Dilley State Bank, Dilley. Additionally, the John W. Hancock, Jr. SB Trust, Rita Hancock, as trustee, both of El Campo, to acquire voting shares of Company and to join the Control Group.
-Permitted, May 24, 2021

Extensions of Time

Richmond
Atlantic Union Bank, Richmond, Virginia -- extension to August 27, 2021, to establish a branch at 7100 Columbia Gateway Drive, Columbia, Maryland.
-Granted, May 27, 2021

Dallas
Bright Force Holdings, LLC, Dallas, Texas -- extension to August 22, 2021, to engage in activities permitted by 12 C.F.R. 225.28(b)(1) by extending credit, and specifically, purchasing loan participations, loans, and other real estate owned from its subsidiary American Bank, National Association, Dallas, including purchasing loan participations from third-party financial institutions.
-Granted, May 26, 2021

Director, S&R
HSBC North America Holdings Inc., New York, New York -- extension of time to conform or divest a merchant banking investment.
-Granted, May 25, 2021

Richmond
New Republic Partners, Inc., Charlotte, North Carolina -- extension to August 24, 2021, to engage de novo in financial and investment advisory activities and agency transactional services through a newly formed subsidiary, New Republic Securities, LLC, Charlotte, pursuant to 12 C.F.R. 225.28(6) and (7).
-Granted, May 24, 2021

International Operations

New York
The Bank of New York Mellon (BNYM), New York, New York, and BNYM Corporation -- to make an investment pursuant to 12 C.F.R. 211.9(f).
-No Objection, May 27, 2021

Membership

Atlanta
First National Bank of Picayune, Picayune, Mississippi -- to retain its membership in the Federal Reserve System following its conversion to a state-chartered bank (to be known as FNB Picayune Bank).
-Approved, May 28, 2021

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