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 July 4, 2026
Bank Branches, Domestic
St. Louis
Community Bank, Lexington, Tennessee -- to establish a branch at 7108 Boone Street, Fairview, Tennessee.
Approved: June 30, 2026
OMB Bank, Springfield, Missouri -- to establish a branch at 4701 College Boulevard, Leawood, Kansas.
Approved: June 29, 2026
Bank Holding Companies
Atlanta
Catalyst Bancorp, Inc., Opelousas, Louisiana -- waiver of filing requirement under section 3 of the Bank Holding Company Act to merge with Lakeside Bancshares, Inc., and thereby indirectly acquire its subsidiary state nonmember bank, Lakeside Bank, both of Lake Charles, Louisiana, in connection with the merger of Lakeside Bank with and into Catalyst Bank, Opelousas, Louisiana.*
Granted: June 23, 2026
*Addition
Craft Bancshares, Inc., Atlanta, Georgia -- relief from a commitment.*
Granted: June 24, 2026
*Addition
Chicago
Marathon Bancorp, Inc., Wausau, Wisconsin -- to engage in extending credit and servicing loans pursuant to section 225.28(b)(1) of Regulation Y.
Withdrawn: June 29, 2026
Dallas
Frontier Bancshares, Inc., Austin, Texas -- to acquire Strata Trust Company, Austin, Texas, and thereby indirectly engage in trust company functions, pursuant to sections 225.28(b)(5) of Regulation Y.
Approved: June 30, 2026
Kansas City
Providence Bancshares, Inc., Dakota Dunes, South Dakota -- to become a bank holding company by acquiring Nebraska State Bank, Bristow, Nebraska, and Nebraska State Bank, Lynch, Nebraska.
Approved: June 29, 2026
Richmond
United Community Banks, Inc., Greenville, South Carolina -- to acquire Peach State Bancshares, Inc., and thereby indirectly acquire Peach State Bank & Trust, both of Gainesville, Georgia, and for United Community Bank, Greenville, South Carolina, to merge with Peach State Bank & Trust and thereby operate its branches.
Approved: July 2, 2026
Bank Premises
St. Louis
First Security Bank, Searcy, Arkansas -- to increase its investment in bank premises (two notices).
Approved: July 3, 2026
Banks, Foreign
Director, S&R
HSBC Bank, plc, London, United Kingdom -- to establish a federally licensed branch in New York, New York.*
Approved: June 18, 2026
*Addition
Banks, State Member
Chicago
Busey Bank, Champaign, Illinois -- to make a public welfare investment.*
Approved: June 26, 2026
*Addition
Change in Bank Control
Kansas City
First Fidelity Bancorp, Inc., Oklahoma City, Oklahoma -- the Lynda Cameron Legacy Trust II, Brian Raftery, as trustee, both of Westfield, New Jersey, to become a member of the Cameron Family Group, a group acting in concert, to acquire voting shares of First Fidelity Bancorp, Inc., and thereby indirectly acquire voting shares of First Fidelity Bank, Oklahoma City, Oklahoma.
Permitted: June 30, 2026
Reeves Bancshares, Inc., Gould, Oklahoma -- the Wooldridge 1996 Irrevocable Trust, Westwood Trust, as trustee, William Davis Felder, as independent trustee and trust committee member; and Raymond E. Wooldridge and Paul Wooldridge, as trust committee members, all of Dallas, Texas; Bradley Edward Wooldridge, Augusta, Kentucky; Rebecca Ann Wooldridge, Kalispell, Montana; Peter Lasch Wooldridge, Dallas, Texas; Paul Zachary Wooldridge, Dallas, Texas; and Zaphney Wooldridge, Dallas, Texas, to join the Wooldridge Family Group, a group acting in concert, to retain voting shares of Reeves Bancshares, Inc. (Reeves), and thereby indirectly retain voting shares of Cattlemens Bank, Altus, Oklahoma. Raymond Wooldridge is a member of the Wooldridge Family Group and was previously permitted by the Federal Reserve System to acquire shares of Reeves in his individual capacity.
Permitted: June 29, 2026
Reeves Bancshares, Inc., Gould, Oklahoma -- Tara Holder, Eldorado, Oklahoma, and Haley Pannell, Olustee, Oklahoma, to join the Holder Family Group, a group acting in concert, to retain voting shares of Reeves Bancshares, Inc., and thereby indirectly retain voting shares of Cattlemens Bank, Altus, Oklahoma.
Permitted: June 29, 2026
Resource One, Inc., Ulysses, Kansas -- Robert V. Pinnick, Bend, Oregon, and Kaya S. Wells, Haven, Kansas, to join the Pinnick Family Group, a group acting in concert, to retain voting shares of Resource One, Inc., and thereby indirectly retain voting shares of Grant County Bank, Ulysses, Kansas.
Permitted: July 2, 2026
Philadelphia
Quaint Oak Bancorp, Inc., Southampton, Pennsylvania -- Andrew Ott, Newtown, Pennsylvania, Madeleine Bottka, Claymont, Delaware, and Robert A. Strong and Susan A. Strong, both of Lake Ariel, Pennsylvania, to join the Strong Family Control Group, and, together with the Amended and Restated Quaint Oak Bancorp, Inc. Employee Stock Ownership Plan, John J. Augustine, as co-trustee, Lansdale, Pennsylvania, and Aimee K. Ott, as co-trustee, Newtown, Pennsylvania, as a group acting in concert, to retain voting shares of Quaint Oak Bancorp, Inc., and thereby indirectly retain voting shares of Quaint Oak Bank, Southampton, Pennsylvania. Aimee K. Ott and John J. Augustine were each previously permitted by the Federal Reserve System to acquire control of voting shares of Quaint Oak Bancorp, Inc.
Permitted: June 29, 2026
Membership
Kansas City
First National Bank, Heavener, Oklahoma -- to become a member of the Federal Reserve System.
Approved: July 2, 2026
Supervision and Regulation
Director, S&R
Fifth Third Bancorp, Cincinnati, Ohio -- to make certain capital distributions under the capital plan rule.
Approved: June 30, 2026
Director, S&R, and Director, Financial Stability
Stress Tests -- (1) to publicly disclose results of the 2026 supervisory stress test and (2) jointly with the director of the Division of Financial Stability, to provide each firm subject to the 2026 supervisory stress test with an explanation of the results of its supervisory stress test.*
Approved: June 22, 2026
*Addition