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 July 3, 2021


Bank Branches, Domestic

St. Louis
First Bank, Creve Coeur, Missouri -- to establish a branch at 510 Broadway, Chula Vista, California.
-Approved, June 30, 2021

New York
Five Star Bank, Warsaw, New York -- to establish a branch at 100 West Water Street, Elmira, New York.
-Approved, July 1, 2021

Bank Holding Companies

San Francisco
BankGuam Holding Company, Hagatna, Guam -- to acquire additional voting shares of ASC Trust, LLC, Hagatna, Guam, and thereby engage in employee benefits consulting services and trust company functions pursuant to 12 CFR 225.28(b)(9)(ii) and 225.28(b)(5).
-Approved, June 28, 2021

Chicago
First Bancorp of Taylorville, Inc., Taylorville, Illinois -- to merge with Mackinaw Valley Financial Services, Inc. and thereby indirectly acquire First Security Bank, both of Mackinaw, Illinois.
-Returned, July 1, 2021

Kansas City
Gateway First Bancorp, Inc., Jenks, Oklahoma -- to become a bank holding company by acquiring Gateway First Bank, Jenks, Oklahoma.
-Approved, June 28, 2021

Kansas City
Vintage Bancorp, Inc., Wichita, Kansas -- waiver of application to indirectly acquire Towanda State Bank (TSB), Towanda, in connection with the merger of TSB with and into Vintage Bank, Leon, Kansas.
-Granted, June 24, 2021
(A/C)

Change in Bank Control

Minneapolis
Cando Holding Company, Inc., Cando, North Dakota -- Bruce Olsen and Bradley Bergdahl, both of Cando, North Dakota, to retain voting shares of Cando Holding Company, Inc. and thereby indirectly retain voting shares of First State Bank of Cando, Cando, North Dakota, and for Mr. Bergdahl to remain a member of the Bergdahl family shareholder group, a group acting in concert.
-Permitted, July 2, 2021

New York
Community Bank System, Inc., DeWitt, New York -- the Vanguard Group, Inc., Malvern, Pennsylvania, on behalf of itself, its subsidiaries and affiliates, including investment companies registered under the Investment Company Act of 1940, other pooled investment vehicles, and institutional accounts that are sponsored, managed, or advised by Vanguard, to acquire additional voting shares of Community Bank System, Inc., and thereby acquire additional voting shares of Community Bank, National Association, Canton, New York.
-Permitted, June 29, 2021

Chicago
F.N.B.C. of La Grange, Inc., La Grange, Illinois -- Suzanne Rooney, Hobe Sound, Florida; Michael Rooney, Hinsdale, Illinois; and Therese Rooney, Hinsdale, Illinois, together, as a group acting in concert, to join Phillip Rooney, Hobe Sound, Florida, to form the Rooney Family Control Group and to retain voting shares of FNBC of LaGrange and thereby indirectly retain voting shares of FNBC Bank and Trust, LaGrange, Illinois.
-Permitted, June 30, 2021

Chicago
First Midwest Bancorp, Inc., Chicago, Illinois -- the Vanguard Group, Inc., Malvern, Pennsylvania, on behalf of itself, its subsidiaries and affiliates, including investment companies registered under the Investment Company Act of 1940, other pooled investment vehicles, and institutional accounts that are sponsored, managed, or advised by Vanguard, to acquire additional voting shares of First Midwest Bancorp, Inc. and thereby acquire additional voting shares of First Midwest Bank, Chicago, Illinois.
-Permitted, June 29, 2021

Minneapolis
Gebsco, Inc., Mondovi, Wisconsin -- Daniel J. Heike, Mondovi, Wisconsin; Heidi R. Weber, Mondovi, Wisconsin; Sarah E. Robertson, Eau Claire, Wisconsin; and Frederick Arthur Robertson III Living Trust, Frederick A. Robertson III, as trustee, both of Madison, Wisconsin, to become members of the Heike Family Control Group, a group acting in concert, to retain voting shares of Gebsco, Inc. and thereby indirectly retain voting shares of Alliance Bank, Mondovi, Wisconsin.
-Permitted, June 30, 2021

Dallas
Groesbeck Bancshares, Inc., Groesbeck, Texas -- Stephen McBay Bradley, Mark Read Bradley, and Robin Elizabeth Bradley, and the 2012 Irrevocable Trust f/b/o a minor child, all of Groesbeck, Texas, to retain shares of Groesbeck Bancshares, Inc. (Company) and indirectly retain shares of Farmers State Bank, Groesbeck, Texas, and to therefore join the Bradley Family Group; and Lindsey Bradley Hale, Mansfield, Texas, and Benjamin Bradley, Tampa Bay, Florida, to acquire shares of Company and to therefore join the Bradley Family Group.
-Permitted, June 29, 2021

Minneapolis
Inver Grove Bancshares, Inc., Inver Grove Heights, Minnesota -- John C. Feltl, Chanhassen, Minnesota, individually and as trustee of the JCF Trust, Minnetonka, Minnesota, and Elizabeth F. Frye, individually and as trustee of the EFF Trust, both of Minnetrista, Minnesota, and all together as a group acting in concert to retain voting shares of Inver Grove Bancshares, Inc. and thereby retain voting shares of Key Community Bank, Inver Grove Heights, Minnesota.
-Permitted, June 29, 2021

Cleveland
The North Side Bank and Trust Company, Cincinnati, Ohio -- the Coors Family Group, a group acting in concert, consisting of Raymond B. Coors, Jr. (Naples, Florida); Dianne D. Coors (Naples, Florida); Martha B. Coors (Loveland, Ohio); Melissa Hoffman (Maineville, Ohio); and the Raymond B. Coors, Jr. Non-Exempt Trust and Raymond B. Coors, Jr. GST Exempt Trust, the Martha B. Coors Non-Exempt Trust and Martha B. Coors GST Exempt Trust, the Melissa Hoffman Trust, the Lisa A. Coors Trust, the John A. Coors Trust, the Mary Ann Coors Trust, and the Janet Cottingham Trust (all of Naples, Florida), with Raymond B. Coors, Jr. and Martha B. Coors as co-trustees, to retain voting shares of The North Side Bank and Trust Company.
-Permitted, June 28, 2021

Secretary
Prosperity Bancshares, Inc., Houston, Texas -- the Vanguard Group, Inc., Malvern, Pennsylvania, on behalf of itself, its subsidiaries and affiliates, including investment companies registered under the Investment Company Act of 1940, other pooled investment vehicles, and institutional accounts that are sponsored, managed, or advised by Vanguard, to acquire additional voting shares of Prosperity Bancshares, Inc., and thereby acquire additional voting shares of Prosperity Bank, El Campo, Texas.
-Permitted, June 29, 2021

San Francisco
Westamerica Bancorporation, San Rafael, California -- the Vanguard Group, Inc., Malvern, Pennsylvania, on behalf of itself, its subsidiaries and affiliates, including investment companies registered under the Investment Company Act of 1940, other pooled investment vehicles, and institutional accounts that are sponsored, managed, or advised by Vanguard, to acquire additional voting shares of Westamerica Bancorporation, and thereby acquire additional voting shares of Westamerica Bank, San Rafael, California.
-Permitted, June 29, 2021

Extensions of Time

Kansas City
Banner County Ban Corporation Employee Stock Ownership Plan and Trust, Harrisburg, Nebraska -- extension to October 1, 2021, to acquire additional voting shares of Banner County Ban Corporation and thereby indirectly acquire additional shares of Banner Capital Bank, both of Harrisburg, Nebraska.
-Granted, July 1, 2021

Financial Holding Companies

Atlanta
United Community Banks, Inc., Blairsville, Georgia -- election to become a financial holding company.
-Effective, July 2, 2021

Supervision and Regulation

General Counsel
DWS USA Corporation, New York, New York -- application for approval of proposed internal debt "conversion trigger" that would allow the Board to order the conversion of DWS US's eligible long-term debt into common equity tier 1 capital, in accordance with the Board's total loss-absorbing capacity (TLAC) rule.
-Approved, June 29, 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