Board of Governors of the Federal Reserve System

Farmers & Merchants Bank, Timberville, Virginia -- to establish a branch at 28 Blackwell Park Lane, Warrenton, Virginia.
Approved: May 19, 2026

Local Bank, Hulbert, Oklahoma -- to establish a branch at 301 West Broadway, Muskogee, Oklahoma.
Approved: May 22, 2026

The Bank of Fayette County, Piperton, Tennessee -- to establish a branch at 151 Highway 72 East, Collierville, Tennessee.
Approved: May 20, 2026

Peoples Bank & Trust Co., Troy, Missouri -- to establish a branch at 107 Exploration Drive, Moscow Mills, Missouri.
Approved: May 20, 2026

Mutual Bancorp, Hyannis, Massachusetts -- limited relief from certain commitments.
Granted: May 20, 2026

Fulda Bancorporation, Inc., Britton, South Dakota -- to acquire Root River State Bank, Chatfield, Minnesota.
Approved: May 21, 2026

Western Alliance Bank, Phoenix, Arizona -- to make a public welfare investment.
Approved: May 19, 2026

OakStar Bank, Springfield, Missouri -- to make a public welfare investment.
Approved: May 20, 2026

First Illinois Corporation, Decatur, Illinois -- David W. Rathje, Decatur, Illinois; Kelly S. Rathje Brandon, Decatur, Illinois; the Jonathan 2012 Irrevocable Trust, with Kelly S. Rathje Brandon and David W. Rathje as co-trustees, all of Decatur, Illinois; the Lauren 2012 Irrevocable Trust, with Kelly S. Rathje Brandon and David W. Rathje as co-trustees, all of Decatur, Illinois; David J. Rathje, Decatur, Illinois; Rachel O. Rathje, Decatur, Illinois; and Roxane Rathje, Chattanooga, Tennessee, a group acting in concert, to retain voting shares of First Illinois Corporation and thereby indirectly retain voting shares of HPB Holdings, Inc., and Hickory Point Bank and Trust, both of Decatur, Illinois.
Permitted: May 21, 2026

Carson Financial Holding Company, Inc., Stilwell, Oklahoma -- James N. Carson, Prairie Grove, Arkansas, to retain voting shares of Carson Financial Holding Company, Inc., and thereby indirectly retain voting shares of Carson Community Bank, Stilwell, Oklahoma.
Permitted: May 18, 2026

Spend Life Wisely Company, Inc., Durant, Oklahoma -- the Gregory L. Massey 2026 Irrevocable Trust, Gregory L. Massey, as trustee, both of Dallas, Texas, to become a member of the Massey Family Group, a group acting concert, to acquire voting shares of Spend Life Wisely Company, Inc., and thereby indirectly acquire voting shares of First United Bank and Trust Company, Durant, Oklahoma.
Permitted: May 18, 2026

Townsend Financial Corporation, Parsons, Tennessee -- Nathan T. Snyder and Hallie H. Snyder, both of Pittsburgh, Pennsylvania, a group acting in concert, to acquire voting shares of Townsend Financial Corporation and thereby indirectly acquire voting shares of Farmers Bank, Parsons, Tennessee.
Permitted: May 22, 2026

Townsend Financial Corporation, Parsons, Tennessee -- Eugene H. Bringol, Jr., and Natalee L. Young-Bringol, both of Beaver, Pennsylvania, a group acting in concert, to acquire voting shares of Townsend Financial Corporation and thereby indirectly acquire voting shares of Farmers Bank, Parsons, Tennessee.
Permitted: May 22, 2026

Studio Bank, Nashville, Tennessee -- to become a member of the Federal Reserve System.
Approved: May 19, 2026

Enterprise Bank & Trust, Clayton, Missouri -- to become a member of the Federal Reserve System.
Approved: May 22, 2026