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 November 6, 2021


Bank Branches, Domestic

New York
Dime Community Bank, Bridgehampton, New York -- to establish a branch at 60 East 42nd Street, New York, New York.
-Approved, November 4, 2021

Dallas
Texas Regional Bank, Harlingen, Texas -- to establish a branch at 9821 Katy Freeway, Houston, Texas.
-Approved, November 1, 2021

Bank Holding Companies

Kansas City
Bethany Bankshares, Inc., Bethany, Missouri -- waiver of application to acquire C & M Bancshares, Inc., and its subsidiary, 1st Cameron State Bank (Bank), both of Cameron, Missouri, in connection with the merger of Bank with and into BTC Bank, Bethany, Missouri.
-Granted, October 18, 2021
(A/C)

Kansas City
First Western Financial, Inc., Denver, Colorado -- to merge with Teton Financial Services, Inc., Wilson, Wyoming, and thereby indirectly acquire Rocky Mountain Bank, Jackson, Wyoming.
-Approved, November 4, 2021

Minneapolis
Frandsen Financial Corporation, Arden Hills, Minnesota -- to acquire Bank of Zumbrota, Zumbrota, Minnesota, and Pine Island Bank, Pine Island, Minnesota.
-Approved, November 5, 2021

Minneapolis
MidCountry Acquisition Corp., Minneapolis, Minnesota -- (1) to become a bank holding company by merging with J & B Financial Holdings, Inc., Minneapolis, and thereby indirectly acquiring 1st United Bank, Faribault; First State Bank of Sauk Centre, Sauk Centre; and Red Rock Bank, Sanborn, all of Minnesota, and by merging with Northfield Bancshares, Inc., and thereby indirectly acquiring Community Resource Bank, both of Northfield, Minnesota; (2) to retain MidCountry Bank, Bloomington, Minnesota, and thereby engage in operating a savings association pursuant to 12 C.F.R. 225.28(b)(4)(ii); (3) to acquire First State Agency, Inc., Sauk Centre, Minnesota, and thereby indirectly engage in general insurance agency activity through a lending office in a place that has a population not exceeding 5,000 pursuant to 12  C.F.R. 225.28(b)(11)(iii)(A); and (4) election to become a financial holding company.
-Approved, November 5, 2021

St. Louis
Planters Holding Company, Indianola, Mississippi -- waiver of application to merge with Germantown Capital Corporation and thereby acquire First Capital Bank, both of Germantown, Tennessee, in connection with the merger of First Capital Bank with and into Planters Bank and Trust Company, Indianola, Mississippi.
-Granted, November 4, 2021

Kansas City
Union State Banc Holding Corporation, Clay Center, Kansas -- waiver of application to merge with Palmer Bancshares, Inc., Palmer, Kansas, in connection with the merger of Union State Bank, Clay Center, Kansas, with Bank of Palmer, Palmer, Kansas.
-Granted, November 5, 2021

Bank Mergers

Kansas City
Union State Bank, Clay Center, Kansas -- to merge with Bank of Palmer, Palmer, Kansas, and thereby establish branches at 104 East 2nd Street, Palmer, Kansas, and 11 South Center Street, Barnes, Kansas.
-Approved, November 5, 2021

Banks, State Member

Cleveland
First Financial Bank, Cincinnati, Ohio -- to make a public welfare investment.
-Approved, November 2, 2021

Secretary
Silicon Valley Bank, Santa Clara, California -- to make certain public welfare investments.
-Approved, November 5, 2021

Change in Bank Control

Kansas City
King Bancshares, Inc., Kingman, Kansas -- Mark D. Keeny, as co-trustee of the Amy S. Keeny Revocable Trust, both of Wichita, Kansas, together with Amy S. Keeny, previously approved co-trustee, to acquire voting shares of King Bancshares, Inc., and thereby indirectly acquire voting shares of Citizens Bank of Kansas, Kingman, Kansas.
-Permitted, November 4, 2021

Kansas City
Nebraska Bankshares, Inc., Farnam, Nebraska -- Leslie Vezner, Lewisville, Texas, to retain voting shares of Nebraska Bankshares, Inc., and thereby indirectly retain voting shares of First State Bank, Farnam, Nebraska, and First Gothenburg Bancshares, Inc., parent of First State Bank, both of Gothenburg, Nebraska.
-Permitted, November 3, 2021

Kansas City
Security Bancshares Corporation, Wewoka, Oklahoma -- Robin Burch, Tulsa, Oklahoma, a member of the Burch Family Group, a group acting in concert, to acquire voting shares of Security Bancshares Corporation (the company) and thereby indirectly acquire voting shares of Security State Bank of Oklahoma, Wewoka, Oklahoma. Pier 6 Investment Company, LLC, Tulsa, Oklahoma, to retain voting shares of the company and to join the Burch Family Group.
-Permitted, November 5, 2021

Chicago
Southern Wisconsin Bancshares Corporation, Inverness, Illinois -- James G. Fitzgerald Trust Dated August 31, 1988, Gerald F. Fitzgerald Family Trust UAD January 18, 1988, Spoonbill Trust, Anhinga Trust, and Sandhill Trust, all with James G. Fitzgerald, Naples, Florida, as trustee; Whooper Trust with Jane M. Fitzgerald, Naples, Florida, as trustee; and Gerald F. Fitzgerald, Jr. Trust Dated September 10, 1987, with Gerald F. Fitzgerald, Jr., Chicago, Illinois, as trustee, to join the Fitzgerald Family Control Group, a group acting in concert, to acquire additional voting shares of Southern Wisconsin Bancshares Corporation and thereby indirectly acquire voting shares of Farmers Savings Bank, Mineral Point, Wisconsin.
-Permitted, November 3, 2021

Extensions of Time

St. Louis
The McGehee Bank Employee Stock Ownership Plan, McGehee, Arkansas -- extension to February 13, 2022, to acquire additional shares of Southeast Financial Bankstock Corp., McGehee, Arkansas, and thereby increase its indirect control of McGehee Bank, McGehee, Arkansas.
-Granted, November 1, 2021

Secretary
Morgan Stanley, New York, New York -- extension of time to dispose of real estate and loan assets.
-Granted, October 29, 2021
(A/C)

Supervision and Regulation

Director, S&R
Santander Holdings USA, Inc., Boston, Massachusetts -- to make capital distributions in the fourth quarter of 2021 after the occurrence of an event requiring resubmission of its capital plan.
-Approved, November 3, 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