Board of Governors of the Federal Reserve System

Synovus Bank, Columbus, Georgia -- to establish a branch at 2459 North Main Street, Summerville, South Carolina.
Approved: September 19, 2025

Busey Bank, Champaign, Illinois -- to establish a branch at 700 West Champaign Avenue, Rantoul, Illinois.
Approved: September 17, 2025

Texas First Bank, Texas City, Texas -- to establish a branch at 19940 Eva Street, Montgomery, Texas.
Approved: September 18, 2025

Frandsen Bank & Trust, Lonsdale, Minnesota -- to establish a branch at 302 East 4th Avenue, Milbank, South Dakota.
Approved: September 16, 2025

Peoples Bank & Trust Co., Troy, Missouri -- to establish a mobile branch to serve Lincoln, Pike, and St. Charles counties in Missouri.
Approved: September 18, 2025

Berkshire Financial Services, Inc., Lee, Massachusetts -- relief from a commitment.*
Granted: September 11, 2025
*Addition

Ponce Financial Group, Inc., Bronx, New York -- (1) to become a bank holding company by acquiring Ponce Bank, Bronx, New York, upon the conversion of Ponce Bank from a federal savings bank to a national bank and (2) election to become a financial holding company.
Approved: September 19, 2025

Planters Holding Company, Indianola, Mississippi -- waiver of application to merge with BSJ Bancshares, Inc., and thereby indirectly acquire Cross Keys Bank, both of Saint Joseph, Louisiana, in connection with the merger of Cross Keys Bank with and into Planters Bank & Trust, Indianola, Mississippi.
Granted: September 17, 2025

Synovus Bank, Columbus, Georgia -- to make two public welfare investments.
Approved: September 18, 2025

Comerica Bank, Dallas, Texas -- to make a public welfare investment.
Approved: September 15, 2025

Goldman Sachs Bank USA, New York, New York -- to make a public welfare investment.
Approved: September 18, 2025

The Northern Trust Company, Chicago, Illinois -- to make a public welfare investment.
Approved: September 19, 2025

The Northern Trust Company, Chicago, Illinois -- to make a public welfare investment.
Approved: September 15, 2025

Cadence Bank, Tupelo, Mississippi -- request for retroactive approval to make a public welfare investment.
Approved: September 16, 2025

Gilman Investment Co., Oskaloosa, Iowa -- Donna Arendt, Oskaloosa, Iowa, as trustee of the Donald D. Arendt Qualified Terminable Interest Property Marital Trust I, to retain voting shares of Gilman Investment Company and thereby retain voting shares of Citizens Savings Bank, Marshalltown, Iowa.
Permitted: September 19, 2025

Pontotoc Bancshares Corp., Pontotoc, Mississippi -- the Anna M. Berryhill Irrevocable Trust No. 1 FBO Robert W. McDonald III, the Anna M. Berryhill Irrevocable Trust No. 1 FBO Jon S. McDonald, and the Anna M. Berryhill Irrevocable Trust No. 1 FBO Mary Elese McDonald, all of Austin, Texas, Robert W. McDonald III, Austin, Texas, and Jon S. McDonald, Lakeway, Texas, as co-trustees of all three aforementioned trusts; Robert W. McDonald III, individually and as owner of the 2010 MFI, LLC, and McDonald Family Investment Limited, all of Austin, Texas; Jon S. McDonald, Lakeway, Texas, individually and as trustee of the McDonald Family Trust and the BAM Trust, both of Austin, Texas, and owner of APEX Clearing, Dallas, Texas; and Robin McDonald and Emily McDonald, both of Lakeway, Texas; as the McDonald Family Control Group, a group acting in concert, to retain voting shares of Pontotoc Bancshares Corp. and thereby indirectly retain voting shares of First Choice Bank, Pontotoc, Mississippi.
Permitted: September 19, 2025

Purdy Bancshares, Inc., Monett, Missouri -- the Sharon K. Garrett Marital Trust, created under the Sharon K. Garrett Revocable Trust dated November 1, 2000, as amended, Purdy, Missouri; John H. Garrett, Southport, North Carolina, and Jeffrey S. Scott, Purdy, Missouri, as co-trustees; and the Garrett Family Bank Trust, created under the Irrevocable Trust Agreement dated March 20, 2024, Purdy, Missouri; John H. Garrett and Filip J. Garrett, Brookside, Missouri, as co-trustees; as a group acting in concert, to retain voting shares of Purdy Bancshares, Inc., and thereby indirectly retain voting shares of First State Bank of Purdy, Purdy, Missouri.
Permitted: September 18, 2025

Citigroup, Inc., New York, New York -- extension of time to conform or divest a merchant banking investment.*
Granted: September 10, 2025
*Addition

Citigroup, Inc., New York, New York -- extension of time to conform or divest a merchant banking investment.*
Granted: September 9, 2025
*Addition

A.N.B. Holding Company, Ltd., Terrell, Texas -- extension of time to acquire additional voting shares of The ANB Corporation and thereby indirectly acquire The American National Bank of Texas, both of Terrell, Texas.*
Granted: September 12, 2025
*Addition

Peoples Bancshares, Inc., Mendenhall, Mississippi -- election to become a financial holding company.
Effective: September 17, 2025

Southern Bancorp, Inc., Arkadelphia, Arkansas -- election to become a financial holding company.
Effective: September 18, 2025

Texas Capital Bank, Dallas, Texas -- to become a member of the Federal Reserve System.
Approved: September 19, 2025

Mizuho Americas LLC, New York, New York -- to redeem certain subordinated debt.
Approved: September 15, 2025

Mizuho Americas LLC, New York, New York -- application for approval of proposed internal debt conversion trigger that would allow the Board to order the conversion of Mizuho Americas LLC's eligible long-term debt into common equity tier 1 capital, in accordance with the Board's Regulation YY.
Approved: September 15, 2025