Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
Board Actions PDF
Actions taken during the week ending August 8, 2026
Bank Holding Companies
Banco Santander, S.A., Madrid, Spain, and Santander Holdings USA, Inc., Boston, Massachusetts -- (1) to acquire Webster Financial Corporation (Webster) and thereby indirectly acquire Webster Bank, National Association, both of Stamford, Connecticut, and (2) to acquire indirectly Webster's ownership interests in certain nonbank companies engaged in financial and investment advisory activities.
Announced: August 4, 2026
Coastal Bend Bancshares, Inc., Corpus Christi, Texas -- to acquire First National Bank in Port Lavaca, Port Lavaca, Texas.
Announced: August 4, 2026
FS Bancorp, Inc., Mountlake Terrace, Washington -- to merge with Pacific West Bancorp and thereby indirectly acquire Pacific West Bank, both of West Linn, Oregon.
Announced: August 4, 2026