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 September 13, 2025
Bank Branches, Domestic
Kansas City
First Fidelity Bank, Oklahoma City, Oklahoma -- to establish a branch at 5114 South Power Road, Gilbert, Arizona.
Approved: September 12, 2025
Bank Holding Companies
Kansas City
The Protection Bank Holding Company, Inc., Protection, Kansas -- (1) through its subsidiary, ProBank, Inc., Protection, Kansas, to merge with Haviland Bancshares, Inc., and thereby indirectly acquire The Haviland State Bank, both of Haviland, Kansas, and (2) to engage in insurance agency activity through the acquisition of Banco Insurance Agency, Haviland, Kansas, pursuant to section 225.28(b)(11)(iii)(A) of Regulation Y.
Approved: September 10, 2025
Minneapolis
Bank Forward Employee Stock Ownership Plan and Trust, Fargo, North Dakota -- to acquire voting shares of Security State Bank Holding Company and thereby indirectly acquire voting shares of Bank Forward, both of Fargo, North Dakota.
Approved: September 11, 2025
Glacier Bancorp, Inc., Kalispell, Montana -- waiver of application to merge with Guaranty Bancshares, Inc., and thereby indirectly acquire Guaranty Bank & Trust, N.A., both of Mount Pleasant, Texas, in connection with the merger of Guaranty Bank and Trust N.A. with and into Glacier Bank, Kalispell, Montana.
Granted: September 8, 2025
Philadelphia
Citizens & Northern Corporation, Wellsboro, Pennsylvania -- waiver of application to merge with Susquehanna Community Financial, Inc., and thereby indirectly acquire Susquehanna Community Bank, both of West Milton, Pennsylvania, in connection with the merger of Susquehanna Community Bank with and into Citizens & Northern Bank, Wellsboro, Pennsylvania.
Granted: September 9, 2025
St. Louis
Commerce Bancorp, Inc., Greenwood, Mississippi -- waiver of application to merge with Holmes County Capital Corporation and thereby indirectly acquire Holmes County Bank, both of Lexington, Mississippi, in connection with the merger of Holmes County Bank with and into Bank of Commerce, Greenwood, Mississippi.
Granted: September 10, 2025
Rhineland Bancshares, Inc, Rhineland, Missouri -- to merge with Green City Bancshares, Inc., and thereby indirectly acquire Farmbank, both of Green City, Missouri.
Approved: September 8, 2025
Bank Mergers
Philadelphia
Citizens & Northern Bank, Wellsboro, Pennsylvania -- to merge with Susquehanna Community Bank, West Milton, Pennsylvania, and thereby establish branches at the locations of Susquehanna Community Bank's main office and branches.
Approved: September 9, 2025
Banks, State Member
Chicago
Independent Bank, Grand Rapids, Michigan -- to make a public welfare investment.*
Approved: September 5, 2025
*Addition
Dallas
Comerica Bank, Dallas, Texas -- to make a public welfare investment (two requests).*
Approved: September 5, 2025
*Addition
Secretary
Manufacturers and Traders Trust Company, Buffalo, New York -- to make a public welfare investment.*
Approved: September 4, 2025
*Addition
Change in Bank Control
Boston
Berkshire Hills Bancorp, Boston, Massachusetts -- the Vanguard Group, Inc., Malvern, Pennsylvania, on behalf of itself; its subsidiaries and affiliates, including investment companies registered under the Investment Company Act of 1940; other pooled investment vehicles; and institutional accounts that are sponsored, managed, or advised by Vanguard, to acquire additional voting shares of Berkshire Hills Bancorp, Inc., and thereby indirectly acquire voting shares of Berkshire Bank, Pittsfield, Massachusetts.
Withdrawn: September 10, 2025
Brookline Bancorp, Inc., Boston, Massachusetts -- the Vanguard Group, Inc., Malvern, Pennsylvania, on behalf of itself; its subsidiaries and affiliates, including investment companies registered under the Investment Company Act of 1940; other pooled investment vehicles; and institutional accounts that are sponsored, managed, or advised by Vanguard, to acquire additional voting shares of Brookline Bancorp, Inc., and thereby indirectly acquire voting shares of Brookline Bank, Brookline, Massachusetts, and Bank Rhode Island, Providence, Rhode Island.
Withdrawn: September 10, 2025
Kansas City
Farmers State Bancshares, Inc., Dodge, Nebraska -- Stephen Ray Sautter, York, Nebraska, and Nicholas Joseph Stull, Alliance, Nebraska, to join the Stull Family Control Group, a group acting in concert, to retain voting shares of Farmers State Bancshares, Inc., and thereby indirectly retain voting shares of Nebraska Bank, Dodge, Nebraska.
Permitted: September 8, 2025
Financial Holding Companies
St. Louis
Chambers Bancshares, Inc., Danville, Arkansas -- election to become a financial holding company.
Effective: September 10, 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: September 8, 2025