Actions under delegated authority PDF

Actions taken during the week ending August 26, 2023

Bank Holding Companies

Gulf Atlantic Financial Corporation, Key West, Florida -- to become a bank holding company by acquiring outstanding shares of Gulf Atlantic Bank, Key West, Florida.
Withdrawn: August 24, 2023


Central Bancshares, Inc., Muscatine, Iowa -- waiver of application to merge with McLaughlin Holding Company and thereby indirectly acquire SENB Bank, both of Moline, Illinois, in connection with the merger of SENB Bank with and into CBI Bank & Trust, Muscatine, Iowa.
Granted: August 23, 2023

Bank Mergers

CBI Bank & Trust, Muscatine, Iowa -- to merge with SENB Bank, Moline, Illinois, and thereby establish branches.
Approved: August 23, 2023

Banks, State Member

The Northern Trust Company, Chicago, Illinois -- to make a public welfare investment.
Approved: August 24, 2023

Extensions of Time

Woodforest Financial Group Employee Stock Ownership Plan (with 401(k) provisions) (amended and restated effective January 1, 2016) and Woodforest Financial Group Employee Stock Ownership Trust, both of The Woodlands, Texas -- extension of time to acquire shares of Woodforest Financial Group, Inc., and thereby indirectly acquire Woodforest National Bank, both of The Woodlands, Texas.
Granted: August 23, 2023

Director, S&R

The Goldman Sachs Group, Inc., New York, New York -- extension of time to conform or divest a merchant banking investment.
Granted: August 23, 2023

Back to Top
Last Update: August 31, 2023