Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
Actions under delegated authority PDF
Actions taken during the week ending March 29, 2025
Bank Branches, Domestic
Kansas City
The Payne County Bank, Perkins, Oklahoma -- to establish a branch at 1002 East Main Street, Cushing, Oklahoma.
Approved: March 26, 2025
San Francisco
Bank of Hawaii, Honolulu, Hawaii -- to establish a branch at 134 Chalan San Antonio, Tamuning, Guam.
Approved: March 28, 2025
St. Louis
First Savings Bank, Jeffersonville, Indiana -- to establish a branch at 4909 Old Vincennes Road, Floyds Knobs, Indiana.
Approved: March 26, 2025
Bank Holding Companies
Dallas
Community Bank Holdings of Texas, Inc., Corsicana, Texas -- to acquire CapTex Bancshares, Inc., and thereby indirectly acquire CapTex Bank, both of Fort Worth, Texas.
Approved: March 27, 2025
General Counsel
Cadence Bank, Tupelo, Mississippi -- waiver of application to acquire FCB Financial Corp. (FCB) and thereby indirectly acquire First Chatham Bank, both of Savannah, Georgia, in connection with the merger of FCB and First Chatham Bank with and into Cadence Bank.*
Granted: March 19, 2025
*Addition
Hope Bancorp, Inc., Los Angeles, California -- waiver of application to acquire Territorial Bancorp, Inc., and thereby indirectly acquire Territorial Savings Bank, both of Honolulu, Hawaii, in connection with the merger of Territorial Savings Bank into Bank of Hope, Los Angeles, California.*
Granted: February 28, 2025
*Addition
Kansas City
One America Bancorp, Inc., Dallas, Texas -- to become a bank holding company by acquiring The Hopeton State Bank, Hopeton, Oklahoma.
Approved: March 28, 2025
Philadelphia
Mid Penn Bancorp, Inc., Harrisburg, Pennsylvania -- waiver of application to merge with William Penn Bancorporation and thereby indirectly acquire its subsidiary, William Penn Bank, both of Bristol, Pennsylvania, in connection with the merger of William Penn Bank with and into Mid Penn Bank, Millersburg, Pennsylvania.
Granted: March 26, 2025
St. Louis
Griggsville Bancshares, Inc., Griggsville, Illinois -- waiver of application to acquire Scott Morgan Bancorp, Inc., and thereby indirectly acquire Bank of Bluffs, both of Bluffs, Illinois, in connection with the merger of Farmers National Bank of Griggsville, Griggsville, Illinois, with and into Bank of Bluffs.
Granted: March 28, 2025
Bank Mergers
St. Louis
Cadence Bank, Tupelo, Mississippi -- to merge with First Chatham Bank, Savannah, Georgia, and to retain the acquired facilities as branches.*
Approved: March 19, 2025
*Addition
Banks, State Member
Dallas
Comerica Bank, Dallas, Texas -- to make a public welfare investment.
Approved: March 25, 2025
San Francisco
East West Bank, Pasadena, California -- to make a public welfare investment.
Approved: March 24, 2025
Secretary
Manufacturers and Traders Trust Company, Buffalo, New York -- to make a public welfare investment.
Approved: March 28, 2025
Manufacturers and Traders Trust Company, Buffalo, New York -- to make a public welfare investment.
Approved: March 27, 2025
Change in Bank Control
Secretary
First Antlers Bancorporation, Inc., Antlers, Oklahoma -- the Steve Burrage 2024 Succession Trust, Roberta Burrage, trustee; and the Roberta Burrage 2024 Succession Trust, Steve Burrage, trustee, all of Antlers, Oklahoma; to become members of the Burrage Family Control Group, a group acting in concert, to acquire voting shares of First Antlers Bancorporation, Inc., and thereby indirectly acquire voting shares of FirstBank, Antlers, Oklahoma.*
Permitted: March 21, 2025
*Addition
Extensions of Time
Director, S&R
Capital Plan and Stress Test Results -- extension of time, until April 7, 2025, (1) for each company required to submit by April 5, 2025, its capital plan and (2) for each company required to submit by April 5, 2025, its company-run stress test results.
Granted: March 28, 2025
International Operations
New York
JPMorgan Chase & Co., New York, New York; JPMorgan Chase Bank, N.A., Columbus, Ohio; and J.P. Morgan International Finance Limited, New York, New York -- prior notice to make an additional investment in a foreign subsidiary pursuant to section 211.9(f) of the Board's Regulation K.*
Reviewed and no objection: March 6, 2025
*Addition