Board of Governors of the Federal Reserve System

SmartBank, Pigeon Forge, Tennessee -- to establish a branch at 9050 Carothers Parkway, Franklin, Tennessee.
Approved: November 28, 2022

Frost Bank, San Antonio, Texas -- to establish a branch at 2710 North Belt Line Road, Irving, Texas. *
Approved: November 23, 2022
*Addition

Third Coast Bank, SSB, Humble, Texas -- to establish a branch at 5000 Legacy Drive, Plano, Texas.
Approved: November 29, 2022

First Financial Bank, Cincinnati, Ohio -- to establish a branch at 1776 South Erie Boulevard, Hamilton, Ohio.
Approved: December 1, 2022

Dentel Bancorporation, Ames, Iowa -- to engage de novo in extending credit and servicing loans.
Approved: December 2, 2022

First Equity Corp., Skokie, Illinois -- to engage de novo in permitted nonbank activities.
Withdrawn: November 28, 2022

Ally Bank, Sandy, Utah -- to make a public welfare investment.
Approved: December 1, 2022

Coastal Bancshares, Inc., Pearland, Texas -- Jacalyn Miller DeLange, individually, Michalyn Miller Ordeneaux, individually, Rosalie Miller Acree 1999 GST Trust (Michalyn Miller Ordeneaux and Jacalyn Miller DeLange, as co-trustees), Rosalie Miller Acree 1999 GST Trust (Jacalyn Miller DeLange and Michalyn Miller Ordeneaux, as co trustees), the Michalyn Miller Ordeneaux 2004 GST Trust (Roddy Keith Ordeneaux and Michala Ordeneaux Denton, as co-trustees), and the Jacalyn Miller DeLange Trust (Lindsey Miller DeLange Hagan, as trustee), all of Pearland, Texas, as a group acting in concert, to retain voting securities of Coastal Bancshares, Inc., and thereby indirectly retain voting shares of Pearland State Bank and First National Bank of Alvin, both of Pearland, Texas.
Permitted: November 28, 2022

Townsend Holding Company, Grove, Oklahoma -- the Jan Elaine Townsend 2022 Trust and the Hilary Irene Townsend 2022 Trust, both of Grove, Oklahoma, to acquire voting shares and thereby control Townsend Holding Company (the Company), and to join the Townsend Family Group, a group acting in concert, and thereby indirectly acquiring voting shares of the Bank of Grand Lake, Grove, Oklahoma. In addition, the Lara Townsend Gradt 2022 Trust and the Jennifer Townsend Earls 2022 Trust, both of Grove, Oklahoma, to acquire voting shares of the Company and to join the Townsend Family Group. The Federal Reserve previously approved Barbara Newman Townsend, the sole trustee of each of the four Trusts, to control the company and as a member of the Townsend Family Group.
Permitted: November 28, 2022

U.S. Bancorp, Minneapolis, Minnesota -- request for an extension of time to request reconsideration of the Board's approval of the application to acquire MUFG Union Bank, National Association, San Francisco, California. *
Denied: November 23, 2022
*Addition

Equity Bancshares, Inc., Wichita, Kansas -- election to become a financial holding company.
Effective: November 28, 2022

Lincoln Park Bancorp, MHC, Pine Brook, New Jersey -- termination of corporate existence, pursuant to 12 CFR 239.16(b).
Approved: December 2, 2022

Citizens Financial Group, Inc., Providence, Rhode Island -- to make capital distributions in the first quarter of 2023 after the occurrence of an event requiring resubmission of its capital plan.
Approved: November 28, 2022