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 2, 2026
Bank Branches, Domestic
Atlanta
M C Bank & Trust Company, Morgan City, Louisiana -- to establish a branch at 313 Saint Charles Avenue, New Orleans, Louisiana.
Approved: April 30, 2026
Dallas
Frost Bank, San Antonio, Texas -- to establish a branch at 170 Alliance Boulevard, Hutto, Texas.
Approved: April 30, 2026
Kansas City
Charter West Bank, West Point, Nebraska -- to establish a branch at 921 Village Square, Gretna, Nebraska.
Approved: April 28, 2026
Bank Holding Companies
General Counsel
OceanFirst Financial Corp., Toms River, New Jersey -- request by Warburg Pincus LLC for an exemption from the management interlock prohibitions under the Depository Institution Management Interlocks Act and the Board's Regulation L.
Approved: May 1, 2026
Kansas City
InBankshares, Corp, Greenwood Village, Colorado -- to engage in extending credit and servicing loans pursuant to section 225.28(b)(1) of the Board's Regulation Y.
Approved: May 1, 2026
Secretary
A.N.B. Holding Company, Ltd., Terrell, Texas -- to acquire additional shares of The ANB Corporation, which controls The American National Bank of Texas, both of Terrell, Texas, pursuant to section 3 of the Bank Holding Company Act.
Approved: April 27, 2026
Bank Mergers
Atlanta
Anchor Bank, Palm Beach Gardens, Florida -- to acquire certain assets and assume certain liabilities of Community Bank & Trust--West Georgia, LaGrange, Georgia, and thereby establish branches at the current locations of Community Bank & Trust--West Georgia.
Approved: May 1, 2026
Banks, State Member
Chicago
Ally Bank, Sandy, Utah -- to make public welfare investments (two requests).
Approved: April 27, 2026
Secretary
NBH Bank, Greenwood, Colorado -- to exercise trust powers.
Approved: April 27, 2026
Change in Bank Control
Dallas
R Corp Financial, Round Rock, Texas -- the 2018 Ryan Legacy Trust, Round Rock, Texas, Robert Reid Ryan, individually and as trustee, Houston, Texas, and the 2018 Ryan Legacy Trust, Jackson Ray 2001 Trust, Caroline Avery Ryan 2001 Trust, Ella Reese Ryan Trust, Julia Elizabeth 2003 Trust, and the Victoria Lynn 2002 Trust, all of Round Rock, Texas, Wendy Ryan Bivins, individually and as trustee, Amarillo, Texas, to acquire voting shares of R Corp Financial and thereby indirectly acquire voting shares of R Bank, Round Rock, Texas.*
Permitted: April 23, 2026
*Addition
Kansas City
Lindoe, Inc., Ordway, Colorado -- Mary Jean Berg Buford, Ordway, Colorado, as trustee of Mary Jean Berg Buford Living Trust, and co-trustee of Phillip W. & Mary Jean Berg Buford Living Trust, to acquire shares of Lindoe, Inc., and thereby indirectly acquire shares of The Gunnison Bank and Trust Company, Gunnison, Colorado. Additionally, Mary Jean Berg Buford Living Trust, Mary Jean Berg Buford, trustee, both of Ordway, Colorado; Phillip W. & Mary Jean Berg Buford Living Trust, Mary Jean Berg Buford and Phillip Buford, co-trustees, all of Ordway, Colorado; Mary Jean Berg Buford and Phillip Buford, both of Ordway, Colorado; Leif Berg and Sariah Berg, both of Ordway, Colorado; Jennifer Berg-Ramsey and Terry Ramsey, both of Ault, Colorado; Jennifer Berg-Ramsey Trust, Jennifer Berg-Ramsey, trustee, both of Ault, Colorado to become members of the Berg Family Group, a group acting in concert, to acquire shares of Lindoe, Inc., and thereby indirectly acquire shares of The Gunnison Bank and Trust Company.
Permitted: April 27, 2026
St. Louis
Todd Bancshares, Inc., Hopkinsville, Kentucky -- Dorothy Buckley Estate, Pat Sholar and Augustus Sholar as executors, Pat Sholar, Ann Osborn, Hank Sholar, Jean Ann Sholar, Augustus Sholar, Mary Kathryn Sholar, individually and as custodian of her two minor children, Will Osborn, Patrick Hampton Osborn, and Briann Griffith, individually and as custodian of her two minor children, all of Trenton, Kentucky, as the Buckley Family Control Group, a group acting in concert, to retain voting shares of Todd Bancshares, Inc., and thereby indirectly retain voting shares of United Southern Bank, Hopkinsville, Kentucky.
Permitted: May 1, 2026
Todd Bancshares, Inc., Hopkinsville, Kentucky -- Gayla Shanks, Billy Shanks, Dustin Shanks, individually and as custodian of his one minor child, Holly Tanner, individually and as custodian of her one minor child, and Kelly Downs, individually and as custodian of her two minor children, all of Trenton, Kentucky, as the Shanks Family Control Group, a group acting in concert, to retain voting shares of Todd Bancshares, Inc., and thereby indirectly retain voting shares of United Southern Bank, Hopkinsville, Kentucky.
Permitted: May 1, 2026
Membership
Dallas
Fidelity Bank of Texas, Waco, Texas -- to become a member of the Federal Reserve System.
Approved: April 28, 2026
Savings and Loan Holding Companies
Philadelphia
Vecta, Inc., Irvington, New York -- application by Voting Trust, and Nicholas A. Frungillo, Jr., as trustee, both of Mountainside, New Jersey (Voting Trust created pursuant to the Voting Trust Agreement by and between Vecta Partners LLC and Mark Silber, both of Suffern, New York, and Nicholas A. Frungillo, Jr., as trustee of the Voting Trust) to become a savings and loan holding company by retaining the voting shares of Vecta, Inc., and thereby indirectly retaining the voting shares of its wholly owned subsidiary, Sunnyside Federal Savings and Loan Association of Irvington, Irvington, New York.
Approved: April 30, 2026