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 August 9, 2025
Advisory Councils
Director, S&R
Insurance Policy Advisory Committee -- notice that the Board is accepting applications from individuals who wish to be considered for membership on the committee.
Approved: August 7, 2025
Bank Branches, Domestic
New York
Metropolitan Commercial Bank, New York, New York -- to establish a full-service de novo branch at 1111 Brickell Avenue, Miami, Florida.
Approved: August 7, 2025
Secretary
First Western Bank and Trust, Minot, North Dakota -- to establish a branch at 3001 North Alma School Road, Chandler, Arizona.
Approved: August 8, 2025
Bank Holding Companies
Chicago
Pluto Investments Inc., Wilmington, Delaware -- to become a bank holding company by acquiring Ambanc Financial Services, Inc., and thereby indirectly acquiring American Bank of Beaver Dam, both of Beaver Dam, Wisconsin.
Withdrawn: August 8, 2025
Dallas
Mustang Holdings Group, LLC, Sealy, Texas -- to become a bank holding company by acquiring Odem Bancshares, Inc., and thereby indirectly acquiring First State Bank of Odem, both of Odem, Texas.
Approved: August 8, 2025
Kansas City
Bendena Bancshares, Inc., Bendena, Kansas -- waiver of application to acquire The Bank of Denton, Denton, Kansas, in connection with the merger of The Bank of Denton with and into Bendena State Bank, Bendena, Kansas.
Granted: August 7, 2025
Reisher Family Foundation, Lakewood, Colorado -- to acquire voting shares of FirstBank Holding Company, and thereby indirectly acquire voting shares of FirstBank, both of Lakewood, Colorado.
Approved: August 7, 2025
Secretary
Columbia Banking System, Inc., Tacoma, Washington -- to acquire Pacific Premier Bancorp, Inc., and thereby indirectly acquire Pacific Premier Bank, National Association, both of Irvine, California.
Approved: August 5, 2025
St. Louis
RiverBank Bancshares, Inc., Pocahontas, Arkansas -- to become a bank holding company by acquiring RiverBank, Pocahontas, Arkansas.
Approved: August 7, 2025
Banks, State Member
San Francisco
The Banc of California, Los Angeles, California -- to make a public welfare investment.
Approved: August 7, 2025
Central Pacific Bank, Honolulu, Hawaii -- to make a public welfare investment.*
Approved: August 1, 2025
*Addition
Secretary
First Financial Bank, Cincinnati, Ohio -- to make certain public welfare investments (two requests).
Approved: August 4, 2025
The Northern Trust Company, Chicago, Illinois -- to make a public welfare investment.
Approved: August 4, 2025
Regulations and Policies
General Counsel
Lending and Liquidity Facilities -- reports to Congress under section 13(3) of the Federal Reserve Act in response to COVID-19.
Approved: August 7, 2025