Actions under delegated authority PDF

Actions taken during the week ending September 12, 2026

Bank Branches, Domestic
Atlanta

M C Bank & Trust Company, Morgan City, Louisiana -- to establish a branch at 3860 West Northwest Highway, Dallas, Texas.
Approved: September 10, 2026

Boston

Needham Bank, Needham, Massachusetts -- to establish a branch at 107 General McConville Way, Quincy, Massachusetts.
Approved: September 10, 2026

Richmond

Atlantic Union Bank, Richmond, Virginia -- to establish a branch at 7541 Creedmoor Road, Raleigh, North Carolina.
Approved: September 9, 2026

St. Louis

First Choice Bank, Pontotoc, Mississippi -- to establish a branch at 1598 Grand Oaks Boulevard, Oxford, Mississippi.
Approved: September 8, 2026

First Choice Bank, Pontotoc, Mississippi -- to establish a branch at 501 Park Plaza Drive, New Albany, Mississippi.
Approved: September 8, 2026

Bank Holding Companies
San Francisco

Front Street Financial, Inc., Caliente, Nevada -- to become a bank holding company by acquiring Nevada Bank and Trust Company, Caliente, Nevada.*
Withdrawn: September 4, 2026
*Addition

Bank Premises
St. Louis

Bank of Cave City, Cave City, Arkansas -- to increase its investment in bank premises.
Approved: September 11, 2026

Diamond Bank, Murfreesboro, Arkansas -- to increase its investment in bank premises.
Approved: September 11, 2026

Change in Bank Control
Atlanta

Macon Banctrust, Inc., Lafayette, Tennessee -- Hugh Wayne Clark, Red Boiling Springs, Tennessee; Hugh Clark, Brandon Clark, Emily Hagan, Kyra Gregory, Mali Clark, Avery Hagan, Colter Hagan, and certain minor children, all of Lafayette, Tennessee, as a group acting in concert, to retain voting shares of Macon Banctrust, Inc., and thereby indirectly retain voting shares of Macon Bank and Trust Company, Lafayette, Tennessee.
Permitted: September 11, 2026

Regulations and Policies
General Counsel

Lending and Liquidity Facilities -- reports to Congress under section 13(3) of the Federal Reserve Act in response to COVID-19.
Approved: September 8, 2026

Supervision and Regulation
Director, S&R

Citizens Financial Group, Inc., Providence, Rhode Island -- to make certain capital distributions under the capital plan rule.
Approved: September 11, 2026

Santander Holdings USA, Inc., Boston, Massachusetts -- to make certain capital distributions under the capital plan rule.
Approved: September 11, 2026

General Counsel

Barclays US LLC, New York, New York -- application for approval of proposed internal debt conversion trigger that would allow the Board to order the conversion of the eligible long-term debt of Barclays US LLC into common equity tier 1 capital, in accordance with Regulation YY.*
Approved: September 3, 2026
*Addition

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Last Update: September 17, 2026