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 October 15, 2022


Bank Branches, Domestic

Atlanta
Capital City Bank, Tallahassee, Florida -- to establish a branch at 237 Roswell Street, Marietta, Georgia.
-Approved, October 14, 2022

Atlanta
Capital City Bank, Tallahassee, Florida -- to establish a branch at 11275 U.S. Highway 98 East, Inlet Beach, Florida.
-Approved, October 14, 2022

St. Louis
The Central Trust Bank, Jefferson City, Missouri -- to establish a branch at 8950 Westminster Boulevard, Westminster, Colorado.
-Approved, October 11, 2022

Richmond
The Freedom Bank of Virginia, Fairfax, Virginia -- to establish a branch at 4090 Lafayette Center Drive, Chantilly, Virginia.
-Approved, October 13, 2022

New York
Popular, Inc., San Juan, Puerto Rico -- to establish a branch at 252 Madison Avenue, Perth Amboy, New Jersey.
-Withdrawn, October 4, 2022
(A/C)

Bank Holding Companies

St. Louis
First Service Bancshares, Inc., Greenbrier, Arkansas -- to engage de novo in lending activities.
-Approved, October 13, 2022

San Francisco
Pacific West Bancorp, West Linn, Oregon -- to become a bank holding company by acquiring Pacific West Bank, West Linn, Oregon.
-Approved, October 14, 2022

Chicago
VisionBankshares, Inc., Boone, Iowa -- waiver of application to acquire Legacy Bank, Altoona, Iowa, in connection with the merger of Legacy Bank with and into VisionBank of Iowa, Ames, Iowa.
-Granted, October 4, 2022
(A/C)

Bank Mergers

Chicago
VisionBank of Iowa, Ames, Iowa -- to merge with Legacy Bank, Altoona, Iowa, and thereby establish branches at 502 8th Street SW, Altoona, Iowa; 1201 Grant Street S., Bondurant, Iowa; 12901 University Avenue, Clive, Iowa; and 215 Center Avenue S., Mitchellville, Iowa.
-Approved, October 4, 2022
(A/C)

Bank Premises

Boston
Needham Bank, Needham, Massachusetts -- to increase its investment in bank premises.
-Approved, October 12, 2022

Banks, Foreign

Director, S&R
FirstRand Bank Limited, Johannesburg, South Africa -- to establish a representative office in New York, New York.
-Approved, October 11, 2022

Banks, State Member

St. Louis
Stifel Bank, Clayton, Missouri -- to exercise limited trust powers.
-Approved, October 11, 2022

Change in Bank Control

Chicago
Amalgamated Investments Company, Chicago, Illinois -- the Debra Wrobel Trust, Glencoe, Illinois, Debra Wrobel, Glencoe, Illinois, individually and as trustee, to acquire voting shares of Amalgamated Investments Company and thereby indirectly acquire voting shares of Amalgamated Bank Chicago, Chicago, Illinois. Additionally, Amalgamated Investments Voting Trust Agreement, Chicago, Illinois, Robert Wrobel, Highland Park, Illinois, as trustee; to become members of the Wrobel Family Group, a group acting in concert, to acquire voting shares of Amalgamated Investments Company and thereby indirectly acquire voting shares of Amalgamated Bank Chicago, Chicago, Illinois.
-Permitted, October 14, 2022

New York
The Bessemer Group, Incorporated, Woodbridge, New Jersey -- Elizabeth Guest Stevens, Washington, District of Columbia, as trustee of Trust u/a 2nd(3) u/w of Hubert B. Phipps for Hubert G. Phipps, Woodbridge, New Jersey; Trust u/a 2nd(4)(a) u/w Hubert B. Phipps for Hubert G. Phipps, Woodbridge, New Jersey; Trust u/a 2nd(3) u/w Hubert B. Phipps for Melissa Phipps, Woodbridge, New Jersey; Trust u/a 2nd(4)(a) u/w Hubert B. Phipps for Melissa Phipps, Woodbridge, New Jersey; Frederick E. Guest II Trust dated 12/10/2014, Wilmington, Delaware; Trust f/b/o Alexander M. D. Guest u/Art. 7(B)(5) u/w Winston F. C. Guest, Deceased, New York, New York; Trust f/b/o Cornelia C. Guest u/Art. 7(B)(5) u/w Winston F.C. Guest, Deceased, New York, New York; Trust f/b/o Winston Guest, Jr. u/Art. 7(B)(5) u/w Winston F.C. Guest, Deceased, New York, New York; and Elizabeth Guest Stevens Revocable Trust dated June 21, 2011, Woodbridge, New Jersey (collectively, the EGS Trusts), the EGS Trusts, together with Achille Murat Guest, Richmond, Virginia, as trustee of the Achille Murat Guest Revocable Trust (the AMG Trust), the AMG Trust, Richmond, Virginia, Virginia Guest Valentine, Palm Beach, Florida, and Laetitia A. Guest Oppenheim, Palm Beach, Florida, to acquire voting shares of The Bessemer Group, Inc., and thereby indirectly acquire voting shares of Bessemer Trust Company, N.A., New York, New York, and Bessemer Trust Company, Woodbridge, New Jersey.
-Permitted, October 14, 2022

Kansas City
My Anns Corporation, Piqua, Kansas -- Xinwei Lu, Glen Head, New York; Peter Sasaki, New York, New York; John Zeng, Newport Coast, California; and Beidi Zheng, Los Gatos, California; to form a group acting in concert to acquire voting shares of My Anns Corporation and thereby indirectly acquire voting shares of Piqua State Bank, Piqua, Kansas.
-Withdrawn, October 11, 2022

Extensions of Time

Philadelphia
Princeton Bancorp, Inc., Princeton, New Jersey -- extension to January 15, 2023, to become a bank holding company by acquiring The Bank of Princeton, Princeton, New Jersey.
-Granted, October 14, 2022

Membership

St. Louis
Relyance Bank, National Association, White Hall, Arkansas -- to become a state-chartered member of the Federal Reserve System.
-Approved, October 12, 2022

Regulations and Policies

Secretary
Regulation Z (Truth in Lending) -- final interagency determination of the threshold for exempting certain loans from special appraisal requirements for higher-priced mortgages during 2023.
-Approved, October 12, 2022

Secretary
Regulation Z (Truth in Lending) and Regulation M (Consumer Leasing) -- final interagency amendments to establish dollar thresholds that will apply for determining exempt consumer credit and lease transactions in 2023.
-Approved, October 12, 2022

Supervision and Regulation

Director, S&R
TD Group U.S. Holdings, LLC, Wilmington, Delaware -- to make capital distributions in the third quarter of 2022 after the occurrence of an event requiring resubmission of its capital plan.
-Approved, October 13, 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