Actions under delegated authority PDF

Actions taken during the week ending August 29, 2026

Bank Branches, Domestic
Minneapolis

First Western Bank and Trust, Minot, North Dakota -- to establish a branch at 490 West Willow Street, Harrisburg, South Dakota.
Approved: August 27, 2026

Secretary

First Bank, Southern Pines, North Carolina -- to establish a branch at 6525 Carnegie Boulevard, Charlotte, North Carolina.
Approved: August 24, 2026

Bank Holding Companies
Atlanta

Bci Group, S.A., Santiago, Chile -- to become a bank holding company by acquiring Banco de Credito e Inversiones S.A. (Bci), Santiago, Chile. Empresas Juan Yarur SpA, Santiago, Chile, to acquire Bci Group, S.A. Bci2, Santiago, Chile, to become a bank holding company through a spin-off of Bci Financial Group, Inc., Miami, Florida, followed by a merger of Bci2 into Bci Group S.A.
Approved: August 27, 2026

Boston

Green Mountain Mutual Bancorp, Brattleboro, Vermont -- to become a bank holding company by acquiring Brattleboro Savings and Loan Association (Brattleboro), Brattleboro, Vermont, upon the conversion of Brattleboro from mutual to stock form.
Approved: August 27, 2026

Mascoma Mutual Financial Services Corporation, Lebanon, New Hampshire -- (1) to merge with Androscoggin Bancorp, MHC, and thereby indirectly acquire Androscoggin Bancorp, Inc., and Androscoggin Savings Bank, all of Lewiston, Maine, and (2) to engage, through the acquisition of Portland Trust Company, LLC, Portland, Maine, in providing trust company functions pursuant to section 225.28(b)(5) of Regulation Y.
Approved: August 28, 2026

Chicago

Brookfield Bancshares, Inc., Brookfield, Illinois -- to merge with NSTS Bancorp, Inc., and thereby indirectly acquire North Shore Trust and Savings, both of Waukegan, Illinois, and thereby engage in operating a savings association pursuant to section 225.28(b)(4)(ii) of Regulation Y.
Approved: August 24, 2026

Cherry Bancorporation, Inc., Cherry, Illinois -- waiver of filing requirement under section 3 of the Bank Holding Company Act to acquire First State Bank of Van Orin, Van Orin, Illinois, a state nonmember bank, in connection with the merger of First State Bank of Van Orin with and into State Bank of Cherry, Cherry, Illinois.*
Granted: August 12, 2026
*Addition

Kansas City

Digital Asset Acquisition Corporation, Princeton, New Jersey -- to become a bank holding company by merging with Old Glory Holding Company, Oklahoma City, Oklahoma, and thereby indirectly acquire its subsidiary state nonmember bank, Old Glory Bank, Elmore City, Oklahoma.*
Withdrawn: August 20, 2026
*Addition

Banks, State Member
Chicago

Ally Bank, Sandy, Utah -- to make a public welfare investment.
Withdrawn: August 26, 2026

New York

Goldman Sachs Bank USA, New York, New York -- to make a public welfare investment.
Approved: August 25, 2026

St. Louis

Renasant Bank, Tupelo, Mississippi -- to make a public welfare investment.
Approved: August 25, 2026

Change in Bank Control
Kansas City

F&M Bancshares, Inc., Crescent, Oklahoma -- the JVA Inheritance Trust for Terry V. Anderson, Terry V. Anderson, trustee, both of Piedmont, Oklahoma; the JVA Inheritance Trust for John T. Anderson, John T. Anderson, trustee, both of Crescent, Oklahoma; the JVA Inheritance Trust for Barry L. Anderson, Barry L. Anderson, trustee, both of Guthrie, Oklahoma; and the JVA Inheritance Trust for Patti J. Rains, Patti J. Rains, trustee, both of Oklahoma City, Oklahoma, to join the Anderson Family Group, a group acting in concert, to acquire voting shares of F&M Bancshares, Inc., and thereby indirectly acquire voting shares of F&M Bank, Edmond, Oklahoma. Terry V. Anderson, John T. Anderson, Barry L. Anderson, and Patti J. Rains are members of the Anderson Family Group and were each previously permitted by the Federal Reserve System to acquire voting shares of the company in their individual capacities.
Permitted: August 27, 2026

Minneapolis

PB Bancshares, Inc., Maplewood, Minnesota -- Amy J. Regan, Hastings, Minnesota; Robert O. Regan and Donald O. Regan, both of Stillwater, Minnesota; Erin M. Miller and Jeffrey W. Miller, both of Lake Elmo, Minnesota; Andrew D. Nath and Darby O. Regan, both of North St. Paul, Minnesota; Frances D. Regan, Seamus O. Regan, and Bridget M. Nath, all of Chicago, Illinois; Conor C. M. Nath, Seattle, Washington; and Emmet W. Nath and Fiona J. Nath, both of Minneapolis, Minnesota, to join the Regan Family Shareholder Group, a group acting in concert, to acquire shares of PB Bancshares, Inc., and thereby indirectly acquire shares of Premier Bank, Maplewood, Minnesota.
Permitted: August 28, 2026

Extensions of Time
Director, S&R

Wells Fargo & Company, San Francisco, California -- extension of time to conform or divest a merchant banking investment.
Granted: August 28, 2026

Minneapolis

GBH Inc., Breslau, Canada; VersaBank, London, Canada; and VersaHoldings US Corp., Wilmington, Delaware -- extension of time to divest certain activities.
Granted: August 27, 2026

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Last Update: September 03, 2026