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 February 28, 2026
Bank Branches, Domestic
Richmond
First Community Bank, Bluefield, Virginia -- to establish a branch at 243 Main Avenue, Pineville, West Virginia.
Approved: February 27, 2026
St. Louis
Midwest BankCentre, St. Louis, Missouri -- to establish a branch at 10429 Clayton Road, Frontenac, Missouri.
Approved: February 26, 2026
Bank Holding Companies
Atlanta
Anchor Bancorp, Inc., Palm Beach Gardens, Florida -- modification of a commitment.
Granted: February 27, 2026
Credicorp LTD., Hamilton, Bermuda -- (1) to retain voting shares of Credicorp Capital USA, Inc., Miami, Florida, and thereby indirectly retain voting shares of Credicorp Capital Advisors LLC, Miami, Florida, and Credicorp Capital, LLC, Coral Gables, Florida, and (2) to continue to engage in financial and investment advisory activities pursuant to section 225.28(b)(6) and agency transactional services for customer investments pursuant to section 225.28(b)(7), both of the Board's Regulation Y.
Approved: February 26, 2026
Credicorp LTD., Hamilton, Bermuda -- (1) to retain voting shares of Credicorp Capital USA, Inc., Miami, Florida, and thereby indirectly retain voting shares of Credicorp Capital Advisors LLC, Miami, Florida, and Credicorp Capital, LLC, Coral Gables, Florida, and (2) to continue to engage in riskless principal transactions pursuant to section 225.28(b)(7)(ii) of the Board's Regulation Y.
Approved: February 26, 2026
Recap Financial Ventures, LLC, Franklin, Tennessee -- to become a bank holding company by acquiring Lineage Financial Network, Inc., and thereby indirectly acquiring Lineage Bank, both of Franklin, Tennessee.
Approved: February 24, 2026
Philadelphia
QNB Corp., Quakertown, Pennsylvania -- waiver of filing requirement under section 3 of the Bank Holding Company Act for QNB Corp. to merge with The Victory Bancorp, Inc., and thereby indirectly acquire its subsidiary state member bank, The Victory Bank, both of Limerick, Pennsylvania.*
Granted: February 20, 2026
*Addition
St. Louis
First State Bancshares, Inc., Farmington, Missouri -- relief from certain commitments.
Granted: February 27, 2026
Bank Mergers
Chicago
Farmers Trust and Savings Bank, Buffalo Center, Iowa -- to merge with Peoples State Bank of Wells, Wells, Minnesota, and thereby establish a branch at 98 3rd Street SE, Wells, Minnesota.
Approved: February 25, 2026
Bank Premises
St. Louis
Diamond Bank, Murfreesboro, Arkansas -- to increase its investment in bank premises.
Approved: February 24, 2026
Banks, State Member
Atlanta
Pinnacle Bank, Nashville, Tennessee -- to make a public welfare investment.*
Approved: February 20, 2026
*Addition
New York
Goldman Sachs Bank USA, New York, New York -- to make a public welfare investment.
Approved: February 24, 2026
Secretary
Manufacturers and Traders Trust Company, Buffalo, New York -- to make a public welfare investment.
Approved: February 27, 2026
Change in Bank Control
Chicago
Green Belt Bancorporation, Iowa Falls, Iowa -- the Weaver 2021 Dynasty Trust, Milwaukee, Wisconsin, Steven Afdahl, Temecula, California, Kirk Yung, Fort Dodge, Iowa, and Peter J. Wilder, Pewaukee, Wisconsin, as trustees; Jessica Weaver, Iowa Falls, Iowa, as grantor; and Christopher Weaver, Iowa Falls, Iowa; as a group acting in concert, to acquire voting shares of Green Belt Bancorporation and thereby indirectly acquire voting shares of Green Belt Bank & Trust, Iowa Falls, Iowa.
Permitted: February 24, 2026
Halbur Bancshares, Inc., Westside, Iowa -- Elizabeth A. Renner, Omaha, Nebraska, and Mary Alexandra Dennis-Renner, Pasadena, California; to join the Dennis Family Control Group, a group acting in concert, to acquire voting shares of Halbur Bancshares, Inc., and thereby indirectly acquire voting shares of Westside State Bank, Westside, Iowa.
Permitted: February 24, 2026
Dallas
Sterling City Bancshares, Inc., Sterling City, Texas -- Reed Stewart, Danny Stewart, LeRuth Stewart, Ronda Stewart, Rope Stewart, and Riggin Stewart, all of Sterling City, Texas; as a group acting in concert, to acquire voting shares of Sterling City Bancshares, Inc., and thereby indirectly acquire voting shares of The First National Bank of Sterling City, Sterling City, Texas.
Permitted: February 26, 2026
Regulations and Policies
Secretary
Rules Regarding Delegation of Authority -- final rule to make correcting amendments.
Approved: February 27, 2026
Supervision and Regulation
Director, S&R
Huntington Bancshares Incorporated, Columbus, Ohio -- to make certain capital distributions under the capital plan rule.*
Approved: February 19, 2026
*Addition