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 May 31, 2025
Bank Branches, Domestic
New York
Dime Community Bank, Bridgehampton, New York -- to establish a branch at 500 Boulevard of the Americas, Lakewood, New Jersey.
Approved: May 28, 2025
Bank Holding Companies
Atlanta
Eureka Investor Group, Inc., Birmingham, Alabama -- to become a bank holding company by acquiring Eureka Homestead Bancorp, Inc. (Eureka), and thereby acquiring Eureka Homestead, both of Metairie, Louisiana. In addition, Eureka will convert from a savings and loan holding company to a bank holding company in connection with Eureka Homestead's conversion from a savings association to a national bank.*
Withdrawn: May 21, 2025
*Addition
Chicago
Anita Bancorporation, Atlantic, Iowa -- relief from a commitment.*
Granted: May 20, 2025
*Addition
First State Bancorp of Monticello, Inc. Employee Stock Ownership Plan, Monticello, Illinois -- relief from a commitment.
Granted: May 30, 2025
Kansas City
Equity Bancshares, Inc. (Equity), Wichita, Kansas -- waiver of filing requirements under section 3 of the Bank Holding Company Act in connection with Equity's merger with NBC Corp. of Oklahoma and indirect acquisition of NBC Oklahoma, both of Oklahoma City, Oklahoma.*
Granted: May 21, 2025
*Addition
Secretary
A.N.B. Holding Company, Ltd., Terrell, Texas -- to acquire additional voting shares of The ANB Corporation and thereby indirectly acquire The American National Bank of Texas, both of Terrell, Texas.
Approved: May 29, 2025
Bank Mergers
Kansas City
Equity Bank, Andover, Kansas -- to merge with NBC Oklahoma, Oklahoma City, Oklahoma, and thereby establish branches in Enid, Altus, Kingfisher, and Oklahoma City, all in Oklahoma.*
Approved: May 21, 2025
*Addition
Banks, Foreign
Director, S&R
BNP Paribas, Paris, France -- modification of certain commitments.
Granted: May 27, 2025
Banks, State Member
Dallas
Charles Schwab Bank, SSB, Westlake, Texas -- to make a public welfare investment.*
Approved: May 20, 2025
*Addition
Charles Schwab Bank, SSB, Westlake, Texas -- to make a public welfare investment.*
Approved: May 19, 2025
*Addition
New York
Goldman Sachs Bank USA, New York, New York -- to make a public welfare investment (three requests).*
Approved: May 22, 2025
*Addition
Richmond
United Bank, Fairfax, Virginia -- to make a public welfare investment (two requests).
Withdrawn: May 29, 2025
San Francisco
Western Alliance Bank, Phoenix, Arizona -- to make a public welfare investment.
Approved: May 27, 2025
Secretary
Manufacturers and Traders Trust Company, Buffalo, New York -- to make a public welfare investment.
Approved: May 27, 2025
Change in Bank Control
Kansas City
Financial Security Corporation, Basin, Wyoming -- Third Tower Holdings Limited Partnership, Basin, Wyoming, Douglas M. Crouse, Basin, Wyoming, Dylan D. Crouse, Ian H. Crouse, and Jordan H. Crouse, all general partners (the partnership), Dylan D. Crouse, Sheridan, Wyoming, Ian H. Crouse, Greybull, Wyoming, and Jordan H. Crouse, Firestone, Colorado, to acquire voting shares of Financial Security Corporation and thereby indirectly acquire voting shares of Security State Bank, Basin, Wyoming, and for the partnership to become a member of the Crouse Family Control Group, a group acting in concert.
Permitted: May 29, 2025
Extensions of Time
Director, S&R
Citigroup Inc., New York, New York -- extension of time to conform or divest a merchant banking investment.*
Granted: May 22, 2025
*Addition
Savings and Loan Holding Companies
Atlanta
GBS Financial Inc., Hattiesburg, Mississippi -- to become a savings and loan holding company by acquiring Grand Bank for Savings, FSB, Hattiesburg, Mississippi.
Approved: May 28, 2025
Director, S&R
Thrivent Financial for Lutherans and Thrivent Financial Holdings, Inc., both of Minneapolis, Minnesota -- relief from certain commitments.*
Granted: May 22, 2025
*Addition