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 February 12, 2022


Bank Branches, Domestic

St. Louis
Decatur County Bank, Decaturville, Tennessee -- to establish a branch at 1489 East Main Street, Brownsville, Tennessee.
-Returned, February 7, 2022

St. Louis
Southern Bancorp Bank, Arkadelphia, Arkansas -- to establish a branch at 3917 West 12th Street, Little Rock, Arkansas.
-Approved, February 11, 2022

San Francisco
Western Alliance Bank, Phoenix, Arizona -- to establish a branch at 4445 North Campbell Avenue, Tucson, Arizona.
-Approved, February 9, 2022

Bank Holding Companies

Richmond
BV Financial, Sparrows Point, Maryland -- First Manhattan Company and the First Manhattan Acquirer Group request relief from certain passivity commitments with respect to the former Delmarva Bancshares, Cambridge, Maryland.
-Approved, February 7, 2022

Philadelphia
First Resources Bancorp, Inc., Exton, Pennsylvania -- to become a bank holding company by acquiring First Resource Bank, Exton, Pennsylvania.
-Approved, February 11, 2022

Atlanta
Raymond James Financial, Inc., St. Petersburg, Florida -- (1) to acquire Tristate Capital Holdings, Inc., and thereby indirectly acquire Tristate Capital Bank, both of Pittsburgh, Pennsylvania, and (2) in connection with this merger, for Macaroon Two LLC, St. Petersburg, Florida, a subsidiary of Raymond James Financial, Inc., to become a bank holding company by merging with Tristate Capital Holdings, Inc., and thereby indirectly acquire Tristate Capital Bank.
-Approved, February 11, 2022

Banks, State Member

Chicago
Ally Bank, Sandy, Utah -- to make a public welfare investment.
-Approved, February 1, 2022
(A/C)

San Francisco
East West Bank, Pasadena, California -- to make a public welfare investment.
-Approved, February 4, 2022
(A/C)

St. Louis
First Horizon Bank, Memphis, Tennessee -- to make certain public welfare investments.
-Withdrawn, February 2, 2022
(A/C)

Secretary
Silicon Valley Bank, Santa Clara, California -- to make certain public welfare investments (two requests).
-Approved, February 10, 2022

Change in Bank Control

Chicago
Brickyard Bancorp, Inc., Lincolnwood, Illinois -- Nathan & Shirley Rothner Family Trust II, Evanston, Illinois, Eric A. Rothner, Chicago, Illinois, trustee; and the Rachel Rothner Accumulation Trust II, the Melissa Rothner Accumulation Trust II, the William Rothner Accumulation Trust II, the Daniel Rothner Accumulation Trust II, the Adam Vales Accumulation Trust II, the Kimberly Vales Accumulation Trust II, and the Kathryn Vales Accumulation Trust II, all of Evanston, Illinois, David M. Aronin, Skokie, Illinois, trustee; to join Eric A. Rothner and form the Rothner Family Control Group, a group acting in concert, to retain the voting shares of Brickyard Bancorp, Inc., and thereby indirectly control Brickyard Bank, Lincolnwood, Illinois.
-Permitted, February 7, 2022

Chicago
Byline Bancorp, Inc., Chicago, Illinois -- Maria Blanca del Valle Perochena, Mexico City, Mexico; and Maria de Guadalupe del Valle Perochena, Mexico City, Mexico; to become limited partners in MBG Investors I, L.P., Ontario, Canada, and thereby indirectly acquire voting shares of Byline Bancorp, Inc. and Byline Bank, Chicago, Illinois.
-Permitted, February 10, 2022

Chicago
How-Win Development Co., Cresco, Iowa -- JST 2020 Trust, Stephanie C. Thomson, individually and as co-trustee with CUSB Bank, all of Cresco, Iowa, to join the Thomson Family Control Group, a group acting in concert, to retain voting shares of How-Win Development Co., and thereby indirectly retain voting shares of CUSB Bank, Cresco, Iowa.
-Permitted, February 10, 2022

Minneapolis
Leackco Bank Holding Company, Inc., Huron, South Dakota -- Scott A. Erickson and Matthew P. Bock, both of Sioux Falls, South Dakota, to retain voting shares of Leackco Bank Holding Company, Inc. (Leackco), and thereby indirectly retain shares of American Bank & Trust, Wessington Springs, South Dakota. Additionally, the 2021 Jeffory A. Erickson Irrevocable Trust No. 5 (Erickson Trust 5), the 2021 Jeffory A. Erickson Irrevocable Trust No. 6 (Erickson Trust 6), the 2021 Jeffory A. Erickson Irrevocable Trust No. 7 (Erickson Trust 7), and the 2021 Jeffory A. Erickson Irrevocable Trust No. 8 (Erickson Trust 8, and collectively, the New Erickson Trusts), Matthew P. Bock, as Trust Protector of the New Erickson Trusts, Scott A. Erickson as Investment Trust Advisor of the New Erickson Trusts and trustee of Erickson Trust 5, Erickson Trust 6, and Erickson Trust 8, and Jamie L. Brown as trustee of Erickson Trust 7, all of Sioux Falls, South Dakota; to join the Erickson family shareholder group, a group acting in concert, by retaining voting shares of Leackco and thereby indirectly retaining voting shares of American Bank & Trust. Additionally, the 2021 Preston B. Steele Irrevocable Trust No. 1, the 2021 Preston B. Steele Irrevocable Trust No. 2, and the 2021 Preston B. Steele Irrevocable Trust No. 3 (collectively, the New Steele Trusts), Matthew P. Bock, as Investment Trust Advisor and trustee of the New Steele Trusts, and Scott A. Erickson, as Trust Protector of the New Steele Trusts, all of Sioux Falls, South Dakota; to join the Steele family shareholder group, a group acting in concert, by retaining voting shares of Leackco and thereby indirectly retaining voting shares of American Bank & Trust.
-Permitted, February 11, 2022

San Francisco
MNB Holdings Corporation, San Francisco, California -- Medina 2021 MNBH Trust, Burlingame, California, and Alma Vivar, Daly City, California, as trustee, to acquire voting shares of MNB Holdings Corporation, and thereby indirectly acquire voting shares of Mission National Bank, San Francisco, California.
-Permitted, February 10, 2022

Dallas
Shelby Bancshares, Inc., Center, Texas -- Brittany Brooke Lane, Jonestown, Texas, individually, to retain voting shares of Shelby Bancshares, Inc., and thereby indirectly retain voting shares of Shelby Savings Bank, SSB, Center, Texas.
-Permitted, February 11, 2022

Dallas
UBank Holdings, Inc., Huntington, Texas -- the Shana Lowery De Paoli 2021 Trust (Shana Lowery De Paoli, trustee), and Shana Lowery De Paoli, individually, both of Dallas, Texas, and the Lane Lowery 2021 Trust (Shana Lowery De Paoli, trustee), and Lane Lowery, individually, both of Huntington, Texas, to join, and act in concert under the Change in Bank Control Act, to retain control of UBank Holdings, Inc. (formerly Huntington Bancshares, Inc.), which controls UBank, both of Huntington, Texas.
-Permitted, February 4, 2022
(A/C)

International Operations

Secretary
Silicon Valley Bank, Santa Clara, California -- prior notice to make an investment pursuant to Regulation K.
-No objection, February 2, 2022
(A/C)

Regulations and Policies

Chair
Lending and Liquidity Facilities -- reports to Congress pursuant to section 13(3) of the Federal Reserve Act in response to COVID-19.
-Approved, February 7, 2022

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