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Federal Reserve Release
H.2
Actions of the Board, Its Staff,
and the Federal Reserve Banks;
Applications and Reports Received
No. 31
Week Ending July 31, 2021
Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2
Board Actions
July 25, 2021 to July 31, 2021
Personnel
Division of Consumer and Community Affairs -- appointment of Benjamin Olson as
senior associate director.
- Approved, July 23, 2021
(A/C)
Office of the Chief Data Officer -- appointment of Phillip Daher as associate
director/deputy chief data officer.
- Announced, July 27, 2021
(A/C) = Addition or Correction
Board - Page 1 of
1
H.2
Actions under delegated authority
S&R Supervision and Regulation
C&CA Consumer and Community Affairs
FOMC Federal Open Market Committee
July 25, 2021 to July 31, 2021
RBOPS Reserve Bank Operations and Payment Systems
IF International Finance
MA Monetary Affairs
Advisory Councils
Director, S&R
Insurance Policy Advisory Committee -- notice that the Board is accepting
applications from individuals who wish to be considered for membership on the
committee.
- Approved, July 30, 2021
Bank Branches, Domestic
Boston
BankNewport, Newport, Rhode Island -- to establish a branch at 27 Strawberry Field
Road, Warwick, Rhode Island.
- Approved, July 26, 2021
St. Louis
The Central Trust Bank, Jefferson City, Missouri -- to establish a branch at 3701
Tamiami Trail North, Naples, Florida.
- Approved, July 28, 2021
New York
Elmira Savings, Bank Elmira, New York -- to establish a branch at 84 Court Street,
Binghamton, New York.
- Approved, July 28, 2021
St. Louis
First Choice Bank, Pontotoc, Mississippi -- to establish a branch at 301 West Front
Street, Houlka, Mississippi.
- Approved, July 27, 2021
(A/C) = Addition or Correction
Delegated - 1 of
5
H.2
Actions under delegated authority
July 25, 2021 to July 31, 2021
Bank Holding Companies
Atlanta
Cypress Capital Group, Inc., Palm Beach, Florida -- (1) to become a bank holding
company concurrently with the conversion of its wholly owned subsidiary, Cypress
Trust Company, Palm Beach, Florida, to a state-chartered nonmember bank, Cypress
Bank & Trust, and (2) to engage in investment advisory activities pursuant to 12 CFR
225.28(b)(6).
- Approved, July 29, 2021
Kansas City
Geneva State Company, Geneva, Nebraska -- relief from certain commitments.
- Granted, July 29, 2021
Chicago
Nicolet Bankshares, Inc., Green Bay, Wisconsin -- waiver of application to acquire
Mackinac Financial Corporation and thereby acquire its subsidiary, mBank, both of
Manistique, Michigan, in connection with the the merger of mBank with and into
Nicolet National Bank, Green Bay, Wisconsin.
- Granted, July 19, 2021
(A/C)
Richmond
Oak View Bankshares, Inc., Warrenton, Virginia -- to become a bank holding
company by acquiring Oak View National Bank, Warrenton, Virginia.
- Approved, July 30, 2021
Bank Mergers
Atlanta
Anchor Bank, Juno Beach, Florida -- to merge with Home Federal Bank of
Hollywood, Hallandale Beach, Florida.
- Approved, July 27, 2021
(A/C) = Addition or Correction
Delegated - 2 of
5
H.2
Actions under delegated authority
July 25, 2021 to July 31, 2021
Banks, State Member
San Francisco
East West Bank, Pasadena, California -- to make a public welfare investment.
- Approved, July 28, 2021
Cleveland
First Financial Bank, Cincinnati, Ohio -- to make a public welfare investment.
- Approved, July 29, 2021
San Francisco
Westamerica Bank, San Rafael, California -- to make a public welfare investment.
- Approved, July 30, 2021
San Francisco
Western Alliance Bank, Phoenix, Arizona -- to make a public welfare investment.
- Approved, July 26, 2021
Change in Bank Control
Dallas
FirstPerryton Bancorp, Inc., Perryton, Texas -- the Trust Department at FirstBank
Southwest, Amarillo, Texas, to retain control of voting shares of FirstPerryton
Bancorp, Inc. ("Company") by becoming Trustee of the Carl Ellis Separate Property
FPB Stock Revocable Trust, Amarillo, Texas, which owns Company stock and
thereby indirectly owns First Bank Southwest, Perryton, Texas. Additionally, the
Ellis Family Trust-Julie Ellis FirstBank Southwest Trust S, and the Trust Department
at FirstBank Southwest, as trustee, to acquire voting shares of the Company and to
join the Ellis Family Group, a group acting in concert, all of Amarillo, Texas.
- Permitted, July 29, 2021
(A/C) = Addition or Correction
Delegated - 3 of
5
H.2
Actions under delegated authority
July 25, 2021 to July 31, 2021
Change in Bank Control
Chicago
Fostoria Bankshares, Inc., Fostoria, Iowa -- Heather Cook, Ames, Iowa, to join the
Simington Family Group, a group acting in concert, to retain voting shares of
Fostoria Bankshares and thereby indirectly retain voting shares of Farmers Savings
Bank, Fostoria, Iowa.
- Permitted, July 30, 2021
Minneapolis
Randall Bancorp, Inc., Randall, Minnesota -- the Amended and Restated Kermit J.
Zaffke a/k/a John Zaffke Revocable Trust, Kermit J. Zaffke and Karen J. Zaffke as
trustees, both of Green Valley, Arizona, and the Amended and Restated Karen J.
Zaffke Revocable Trust, Karen J. Zaffke and Kermit J. Zaffke as trustees, both of
Green Valley, Arizona, as a group acting in concert, to retain voting shares of Randall
Bancorp Inc., and thereby indirectly retain voting shares of Randall State Bank,
Randall, Minnesota.
- Permitted, July 30, 2021
Minneapolis
Roscoe Community Bankshares, Inc., Roscoe, South Dakota -- the Family Trust
created under the Last Will and Testament of John R. Beyers dated August 17, 2017,
and The RCB Marital Trust created under the Last Will and Testament of John R.
Beyers dated August 17, 2017, Patty Beyers as trustee, all of Roscoe, South Dakota,
to retain voting shares of Roscoe Community Bankshares, Inc. and thereby indirectly
retain voting shares of the First State Bank of Roscoe, Roscoe, South Dakota.
- Permitted, July 28, 2021
(A/C) = Addition or Correction
Delegated - 4 of
5
H.2
Actions under delegated authority
July 25, 2021 to July 31, 2021
Change in Bank Control
Minneapolis
Rushford State Bancorp, Inc., Rushford, Minnesota -- James T. Roberton,
individually and with the Lorene M. Roberton Testamentary Trust, both of Ramsey,
Minnesota (James Roberton as trustee), to remain members of the Roberton Family
Control Group, a group acting in concert, to retain voting shares of Rushford State
Bancorp and thereby indirectly retain voting shares of Rushford State Bank,
Rushford, Minnesota.
- Permitted, July 28, 2021
Regulations and Policies
Secretary
System of Records -- publication for comment of a notice to modify an existing
system of records, BGFRS-17 (FRB-Municipal or Government Securities Principals
and Representatives).
- Approved, July 27, 2021
(A/C) = Addition or Correction
Delegated - 5 of
5
District: 1
Federal Reserve Bank of Boston
Filings received during the week ending July 31, 2021
Filer
Filing Type
Filing Proposal
End of Comment Period
EASTERN BANKSHARES
INC
* 3A3
Eastern Bankshares, Boston,
Massachusetts, to acquire Century
Bancorp, Inc., Medford, Massachusetts,
and its subsidiary, Century Bank & Trust
Company, Medford, Massachusetts,
pursuant to sections 3(a)(3) and 3(a)(5) of
the Bank Holding Company Act of 1956,
as amended.
Newspaper:
Not available
Federal Register:
Not available
Independent Bank Corp., Rockland,
Massachusetts and Bradford Merger Sub
Inc. (a to be formed merger entity) request
approval to acquire Meridian Bancorp,
Inc., Peabody, Massachusetts by merger
and thereby Meridian's wholly owned
subsidiary bank, East Boston Savings
Bank, Boston, Massachusetts, pursuant to
section 3(a)(1), 3(a)(3) and 3(a)(5) of the
Bank Holding Company Act of 1956, as
amended and section 225.15 of the Board's
Regulation Y.
Newspaper:
08/05/2021
Federal Register:
08/13/2021
Reading Cooperative Bank, Reading,
Massachusetts, files an Interagency Bank
Merger Act application for the purchase
and assumption of two branches located at
400 Broadway, Lynn and 28 Nahant Road,
Nahant both in Massachusetts, from
Coastal Heritage Bank, Weymouth,
Massachusetts, pursuant to Section 18(c) of
the Federal Deposit Insurance Act.
Newspaper:
Not available
Federal Register:
Not applicable
Notification submitted by The Vanguard
Group, Inc., Malvern, PA, on behalf of
itself, its subsidiaries and affiliates
(together with The Vanguard Group, Inc.,
"Vanguard"), and the investment
companies registered under the Investment
Company Act of 1940, other pooled
investment vehicles, and institutional
accounts that are sponsored, managed, or
advised by Vanguard (the "Vanguard
funds"), for the Vanguard funds to increase
the aggregate ownership position of the
Vanguard funds to more than 15 percent of
the common stock of Independent Bank
Corp., parent of Rockland Trust Company,
both of Rockland, Massachusetts.
Newspaper:
08/08/2021
Federal Register:
Not available
* 3A5
INDEPENDENT BANK CORP. * 3A1
* 3A3
* 3A5
READING CO-OPERATIVE
BANK
* 18C
VANGUARD GROUP, INC.
CIC
* Branch
* Subject to the provisions of the Community Reinvestment Act
District: 1
Federal Reserve Bank of Boston
Availability of CRA Public Evaluations
The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate,
including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR
228). The regulation was revised in May 1995.
The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated periodically. That record is
taken into account in considering an institution's application for deposit facilities.
A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.
Federal bank regulators use the following performance levels to rate an institution's performance under CRA:
O = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance
The following state member banks have been examined and their CRA public evaluations are now available.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 2
Federal Reserve Bank of New York
Filings received during the week ending July 31, 2021
Filer
Filing Type
NONE
* Subject to the provisions of the Community Reinvestment Act
Filing Proposal
End of Comment Period
District: 2
Federal Reserve Bank of New York
Availability of CRA Public Evaluations
The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate,
including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR
228). The regulation was revised in May 1995.
The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated periodically. That record is
taken into account in considering an institution's application for deposit facilities.
A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.
Federal bank regulators use the following performance levels to rate an institution's performance under CRA:
O = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance
The following state member banks have been examined and their CRA public evaluations are now available.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 3
Federal Reserve Bank of Philadelphia
Filings received during the week ending July 31, 2021
Filer
Filing Type
Filing Proposal
End of Comment Period
RHODIUM BA HOLDINGS,
LLC
* SLHC
Formation
Rhodium BA Holdings, LLC, New York,
NY to become a savings and loan holding
company by acquiring Sunnyside Bancorp,
Inc., and indirectly acquire Sunnyside
Federal Savings and Loan Association of
Irvington, both of Irvington, NY.
Newspaper:
Not available
Federal Register:
Not available
* Subject to the provisions of the Community Reinvestment Act
District: 3
Federal Reserve Bank of Philadelphia
Availability of CRA Public Evaluations
The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate,
including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR
228). The regulation was revised in May 1995.
The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated periodically. That record is
taken into account in considering an institution's application for deposit facilities.
A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.
Federal bank regulators use the following performance levels to rate an institution's performance under CRA:
O = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance
The following state member banks have been examined and their CRA public evaluations are now available.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 4
Federal Reserve Bank of Cleveland
Filings received during the week ending July 31, 2021
Filer
Filing Type
NONE
* Subject to the provisions of the Community Reinvestment Act
Filing Proposal
End of Comment Period
District: 4
Federal Reserve Bank of Cleveland
Availability of CRA Public Evaluations
The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate,
including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR
228). The regulation was revised in May 1995.
The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated periodically. That record is
taken into account in considering an institution's application for deposit facilities.
A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.
Federal bank regulators use the following performance levels to rate an institution's performance under CRA:
O = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance
The following state member banks have been examined and their CRA public evaluations are now available.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 5
Federal Reserve Bank of Richmond
Filings received during the week ending July 31, 2021
Filer
Filing Type
Filing Proposal
End of Comment Period
Freedom Financial Holdings,
Inc.
3A1
Freedom Financial Holdings, Inc., Fairfax,
Virginia, to become a bank holding
company through the acquisition of 100%
of the voting securities of The Freedom
Bank of Virginia, Fairfax, Virginia.
Newspaper:
Not applicable
Federal Register:
Not applicable
HOMETRUST BANK
* Branch
HomeTrust Bank, Asheville, North
Carolina, to establish a branch at 17065
Nat Bynum Lane, Cornelius, North
Carolina.
Newspaper:
08/13/2021
Federal Register:
Not applicable
* Subject to the provisions of the Community Reinvestment Act
District: 5
Federal Reserve Bank of Richmond
Availability of CRA Public Evaluations
The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate,
including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR
228). The regulation was revised in May 1995.
The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated periodically. That record is
taken into account in considering an institution's application for deposit facilities.
A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.
Federal bank regulators use the following performance levels to rate an institution's performance under CRA:
O = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance
The following state member banks have been examined and their CRA public evaluations are now available.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 6
Federal Reserve Bank of Atlanta
Filings received during the week ending July 31, 2021
Filer
Filing Type
Filing Proposal
End of Comment Period
FIRST VOLUNTEER
CORPORATION
* 3A5
First Volunteer Corporation, Chattanooga,
Tennessee, to merge with FBD Holding
Company, Inc., and thereby acquire its
subsidiary, First Bank, both of Dalton,
Georgia.
Newspaper:
08/19/2021
Federal Register:
09/02/2021
VANGUARD GROUP, INC.
CIC
The Vanguard Group, Inc., Malvern,
Pennsylvania; on behalf of itself, its
subsidiaries and affiliates, including
investment companies registered under the
Investment Company Act of 1940, other
pooled investment vehicles, and
institutional accounts that are sponsored,
managed, or advised by Vanguard; to
acquire voting shares of BankUnited, Inc.,
and thereby indirectly acquire voting
shares of BankUnited, NA, both of Miami
Lakes, Florida.
Newspaper:
08/17/2021
Federal Register:
08/09/2021
* Subject to the provisions of the Community Reinvestment Act
District: 6
Federal Reserve Bank of Atlanta
Availability of CRA Public Evaluations
The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate,
including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR
228). The regulation was revised in May 1995.
The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated periodically. That record is
taken into account in considering an institution's application for deposit facilities.
A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.
Federal bank regulators use the following performance levels to rate an institution's performance under CRA:
O = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance
The following state member banks have been examined and their CRA public evaluations are now available.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 7
Federal Reserve Bank of Chicago
Filings received during the week ending July 31, 2021
Filer
Filing Type
Filing Proposal
End of Comment Period
DRAKE HOLDING
COMPANY
CIC
Notice by the Richard R. Drake Family
Trust - B, Radcliffe, Iowa, with Cynthia A.
Shirar, Marshalltown, Iowa, Edwin A.
Drake, West Des Moines, Iowa, and Bryan
S. Drake, Radcliffe, Iowa, all individually
and as co trustees, to join the Drake Family
Control Group, a group acting in concert,
to retain voting shares of Drake Holding
Company, and indirectly retain voting
shares of Security State Bank, both of
Radcliffe, Iowa.
Newspaper:
Not available
Federal Register:
08/04/2021
FIRST BANCORP OF
TAYLORVILLE, INC.
* 3A5
First Bancorp of Taylorville, Inc.,
Taylorville, Illinois to merge with
Mackinaw Valley Financial Services, Inc.
and thereby indirectly acquire First
Security Bank, both of Mackinaw, Illinois.
Newspaper:
Not available
Federal Register:
Not available
NICOLET BANKSHARES,
INC.
* 3A5
Nicolet Bankshares, Inc., Green Bay,
Wisconsin, to merge with County Bancorp
Inc., Manitowoc, Wisconsin, and thereby
indirectly acquire Investors Community
Bank, Manitowoc, Wisconsin.
Newspaper:
Not available
Federal Register:
Not available
SCHAUMBURG
BANCSHARES, INC.
CIC
Notice by the Brian Herbstritt Revocable
Trust, Chicago, Illinois, Brian Herbstritt, as
trustee, River Forest, Illinois; the Deborah
Herbstritt Revocable Trust, Chicago,
Illinois, Deborah Maloney, as trustee,
River Forest, Illinois; and the Amy
Reardon Revocable Trust, Chicago,
Illinois, Amy Reardon as Trustee, River
Forest, Illinois to join the Herbstritt Family
Control Group, a group acting in concert,
to retain voting shares of Schaumburg
Bancshares, and thereby indirectly retain
voting shares of Heritage Bank of
Schaumburg, both of Schaumburg, Illinois.
Newspaper:
Not available
Federal Register:
08/03/2021
* Subject to the provisions of the Community Reinvestment Act
District: 7
Federal Reserve Bank of Chicago
Filings received during the week ending July 31, 2021
Filer
Filing Type
Filing Proposal
End of Comment Period
WOODTRUST FINANCIAL
CORPORATION
CIC
The Steven C. Bell 2021 Investment Trust,
Paula Bell, as trustee, both of Wisconsin
Rapids, Wisconsin; and the Linda J.
Growney Investment Trust, Madison,
Wisconsin, Chad Kane, Wausau,
Wisconsin; to join the Bell Family Control
Group, a group acting in concert, to acquire
voting shares of WoodTrust Financial
Corporation and thereby indirectly retain
voting shares of WoodTrust Bank, both of
Wisconsin Rapids, Wisconsin.
Additionally, Paula Bell, a current member
of the Bell Family Control Group, to
individually, and as trustee of the Steven
C. Bell 2021 Investment Trust, both of
Wisconsin Rapids, Wisconsin; acquire
control of 25 percent or more of the voting
shares of WoodTrust Financial Corporation
and thereby indirectly retain voting shares
of WoodTrust Bank, both of Wisconsin
Rapids, Wisconsin.
Newspaper:
Not available
Federal Register:
Not available
* Subject to the provisions of the Community Reinvestment Act
District: 7
Federal Reserve Bank of Chicago
Availability of CRA Public Evaluations
The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate,
including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR
228). The regulation was revised in May 1995.
The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated periodically. That record is
taken into account in considering an institution's application for deposit facilities.
A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.
Federal bank regulators use the following performance levels to rate an institution's performance under CRA:
O = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance
The following state member banks have been examined and their CRA public evaluations are now available.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 8
Federal Reserve Bank of St. Louis
Filings received during the week ending July 31, 2021
Filer
Filing Type
Filing Proposal
End of Comment Period
BOYLE BANCORP, INC.
CIC
Notice by The Peter Mahurin Revocable
Trust, Peter Mahurin, Trustee, Bowling
Green, Kentucky, and Sarah J. Mahurin,
New Haven, Connecticut, to retain 10
percent or more of the voting shares of
Boyle Bancorp, Inc., Danville, Kentucky.
Newspaper:
08/16/2021
Federal Register:
Not available
Pine Knob Holdings, LLC, Bowling Green,
Kentucky, to become a bank holding
company by acquiring 48.14 percent of
First Cecilian Bancorp, Inc., Cecilia,
Kentucky, and thereby indirectly acquire
Cecilian Bank, Cecilia, Kentucky; 35.52
percent of Albany Bancorp, Inc., Albany,
Kentucky, and thereby indirectly acquire
First & Farmers National Bank, Somerset,
Kentucky; 16.36 percent of Jackson
Financial Corporation, Mayfield,
Kentucky, and thereby indirectly acquire
FNB Bank, Inc., Mayfield, Kentucky.
Newspaper:
Not available
Federal Register:
Not available
Pine Knob Holdings, LLC
* 3A1
* Subject to the provisions of the Community Reinvestment Act
District: 8
Federal Reserve Bank of St. Louis
Availability of CRA Public Evaluations
The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate,
including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR
228). The regulation was revised in May 1995.
The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated periodically. That record is
taken into account in considering an institution's application for deposit facilities.
A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.
Federal bank regulators use the following performance levels to rate an institution's performance under CRA:
O = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance
The following state member banks have been examined and their CRA public evaluations are now available.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 9
Federal Reserve Bank of Minneapolis
Filings received during the week ending July 31, 2021
Filer
Filing Type
Filing Proposal
End of Comment Period
CNB FINANCIAL
CORPORATION
CIC
The Beth S. Schnell Revocable Trust,
Orono, Minnesota - Beth S. Schnell,
Trustee, Orono, Minnesota, as a member of
the Sparboe family shareholder
group acting in concert, to retain 25
percent or more of the shares and thereby
control of CNB Financial Corporation,
Litchfield, Minnesota.
CNB Financial Corporation controls
Center National Bank, Litchfield,
Minnesota.
Newspaper:
Not available
Federal Register:
Not available
EITZEN INDEPENDENTS,
INC.
CIC
The Ronald G. Chamberlin Irrevocable
Trust, Nathan A. Wurm and Eric D. Wurm
as trustees; The Irrevocable Gifting Trust
FBO Nathan A. Wurm, Nathan A. Wurm
as trustee; and The Irrevocable Gifting
Trust FBO Eric D. Wurm, Eric D. Wurm
as trustee, all of Caledonia, MN; to join the
Wurm Family Control Group, a group
acting in concert, to retain voting shares of
Eitzen Independents, Inc., Eitzen, MN, and
thereby indirectly retain voting shares of
ESB Bank, Caledonia, MN.
Newspaper:
07/29/2021
Federal Register:
07/28/2021
FIRST BANK OF BALDWIN,
THE
* Branch
The First Bank of Baldwin, Baldwin,
Wisconsin, to establish a branch facility at
327 3rd Avenue, Clear Lake, Wisconsin.
Newspaper:
Not available
Federal Register:
Not applicable
HERITAGE BANCSHARES
GROUP INC. ESOP
* 3A1
The Heritage Bancshares Group, Inc.
Employee Stock Ownership Plan and
Trust; to become a bank holding company
by acquiring 32.6 percent of the voting
shares of Heritage Bancshares Group, Inc.,
and thereby indirectly acquiring voting
shares of Heritage Bank, N.A., both of
Spicer, Minnesota. Heritage Bancshares
Group, Inc. Employee Stock Ownership
Plan and Trust, Spicer, Minnesota elects to
be a financial holding company.
Newspaper:
08/03/2021
Federal Register:
08/06/2021
* Subject to the provisions of the Community Reinvestment Act
District: 9
Federal Reserve Bank of Minneapolis
Filings received during the week ending July 31, 2021
Filer
Filing Type
Filing Proposal
End of Comment Period
SAUK CENTRE FINANCIAL
SERVICES, INC.
CIC
Allan C. Minnerath, Alexandria,
Minnesota, individually and as trustee of
the Scott A. Minnerath Sauk Centre Trust
under the James J. Minnerath Revocable
Trust under agreement dated November 8,
2012, as amended; the Rachel K.
Minnerath Sauk Centre Trust under the
James J. Minnerath Revocable Trust under
agreement dated November 8, 2012, as
amended; and the Ryan J. Minnerath Sauk
Centre Trust under the James J. Minnerath
Revocable Trust under agreement dated
November 8, 2012, as amended, all of
Alexandria, Minnesota, (co-trustees of the
trusts, Mark W. Greiner, Tonka Bay,
Minnesota, and John A. Minnerath,
Alexandria, Minnesota) to retain additional
voting shares of Sauk Centre Financial
Services, Inc. and thereby indirectly retain
additional voting shares of Minnesota
National Bank, both of Sauk Centre,
Minnesota.
Newspaper:
08/11/2021
Federal Register:
Not available
* Subject to the provisions of the Community Reinvestment Act
District: 9
Federal Reserve Bank of Minneapolis
Availability of CRA Public Evaluations
The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate,
including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR
228). The regulation was revised in May 1995.
The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated periodically. That record is
taken into account in considering an institution's application for deposit facilities.
A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.
Federal bank regulators use the following performance levels to rate an institution's performance under CRA:
O = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance
The following state member banks have been examined and their CRA public evaluations are now available.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 10
Federal Reserve Bank of Kansas City
Filings received during the week ending July 31, 2021
Filer
Filing Type
Filing Proposal
End of Comment Period
Community Capital Bancorp,
Inc.
* 3A1
Community Capital Bancorp, Inc., Sour
Lake, Texas, to become a bank holding
company by acquiring First Security Bank,
Beaver, Oklahoma.
Newspaper:
Not available
Federal Register:
Not available
Tri Valley Bancshares, Inc., Talmage,
Nebraska; to acquire First State Bank,
Scottsbluff, Nebraska.
Newspaper:
Not available
Federal Register:
08/03/2021
TRI VALLEY BANCSHARES, * 3A3
INC.
* Subject to the provisions of the Community Reinvestment Act
District: 10
Federal Reserve Bank of Kansas City
Availability of CRA Public Evaluations
The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate,
including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR
228). The regulation was revised in May 1995.
The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated periodically. That record is
taken into account in considering an institution's application for deposit facilities.
A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.
Federal bank regulators use the following performance levels to rate an institution's performance under CRA:
O = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance
The following state member banks have been examined and their CRA public evaluations are now available.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 11
Federal Reserve Bank of Dallas
Filings received during the week ending July 31, 2021
Filer
Filing Type
Filing Proposal
End of Comment Period
ALBANY BANCSHARES,
INC.
CIC
Jon Rex Jones; the Jon Rex Jones Dynasty
Trust, Jon Rex Jones, Jr. and Brenda
Wilkinson Jones, as co-trustees; the Jon
Rex Jones Jr. Dynasty Trust, Brenda
Wilkinson Jones, as trustee; the Jon Rex
Jones, Jr. Trust V, Jon Rex Jones, Jr., as
trustee; the Debora L. Jones Trust V and
the Julie Ann Jarvis Trust V, Julie Ann
Jarvis, as trustee to both trusts; and the
Stephen Martin Jones Trust V, Stephen
Martin Jones, as trustee, all of Austin,
Texas; as a group acting in concert to
retain voting shares of Albany Bancshares,
Inc. and indirectly retain voting shares of
First National Bank of
Albany/Breckenridge, both of Albany,
Texas. Additionally, Jon Rex Jones, Jr., in
his capacity as proxy with power to
exercise the largest block of voting shares,
to acquire additional voting shares of
Albany Bancshares and thereby indirectly
acquire voting shares of National Bank of
Albany/Breckenridge.
Newspaper:
Not available
Federal Register:
Not available
CAPITAL BANCORP, INC.
CIC
Retroactive notice under the Change in
Bank Control Act filed by Lawrence W.
Pickett of Monroe, LA, individually, and
Lawrence W. Pickett, Dana Dosher
DeGravelle, Marilyn Pickett Worsley,
Rock W. Worsley, Lauren P. Davis,
Pamela J. Pickett, Benjamin Clark Burch,
an individual identified as Minor A and an
individual identified as Minor B, each of
Monroe, LA, Amanda Dosher Arledge of
West Monroe, LA, Adam L. Pickett of San
Francisco, CA, De-Ette Copes and Lonnie
L. Copes of Delhi, LA, Charles E. Hixon,
Jr. and Anne Ruth Hixon of Rayville, LA,
Bonnie R. Holley and Willie R. Holley of
Epps, LA, David Wesley Sullivan of
Pioneer, LA, and Joshua D. Sullivan of
New Orleans, LA, collectively a group
acting in concert, have applied for
permission to retain a controlling interest
in the outstanding shares of common stock
of Capital Bancorp, Inc., Delhi, Louisiana.
Capital Bancorp, Inc. controls Commercial
Capital Bank, Delhi, Louisiana.
Newspaper:
Not available
Federal Register:
06/11/2021
Barkat Ali, Southlake, Texas, Kevin
Johnston, Pantego, Texas, Mike Farhat,
Southlake, Texas, Judy Han, Houston,
Texas, Wea Lee, Houston, Texas, Young
Yoo, Dallas, Texas, Jeung-Ho Park, Irving,
Texas, and Mihir Patel, Coppell, Texas, as
a group acting in concert, to control
Riverbend Financial Corporation, and
Spectra Bank, both of Fort Worth, Texas
Newspaper:
Not available
Federal Register:
08/13/2020
RIVERBEND FINANCIAL
CORPORATION
CIC
* Subject to the provisions of the Community Reinvestment Act
District: 11
Federal Reserve Bank of Dallas
Availability of CRA Public Evaluations
The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate,
including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR
228). The regulation was revised in May 1995.
The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated periodically. That record is
taken into account in considering an institution's application for deposit facilities.
A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.
Federal bank regulators use the following performance levels to rate an institution's performance under CRA:
O = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance
The following state member banks have been examined and their CRA public evaluations are now available.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 12
Federal Reserve Bank of San Francisco
Filings received during the week ending July 31, 2021
Filer
Filing Type
Filing Proposal
End of Comment Period
COLUMBIA BANKING
SYSTEM, INC.
* 3A3
Columbia Banking System, Inc., Tacoma,
Washington, to acquire Bank of Commerce
Holdings, and thereby indirectly acquire
Merchants Bank of Commerce, both of
Sacramento, California, pursuant to
sections 3(a)(3) and 3(a)(5) of the Bank
Holding Company Act.
Newspaper:
Not available
Federal Register:
Not available
GOLDWATER BANCORP,
INC.
* 3A1
Goldwater Bancorp, Inc. to become a bank
holding company by acquiring 100 percent
of Goldwater Bank, National Association,
both of Phoenix, Arizona.
Newspaper:
08/26/2021
Federal Register:
09/02/2021
SILICON VALLEY BANK
PWI
Silicon Valley Bank, Santa Clara,
California, requests prior approval to make
a public welfare investment of $28.0
million in USB LIHTC Fund 2021-5, LLC.
Newspaper:
Not applicable
Federal Register:
Not applicable
Notification submitted by The Vanguard
Group, Inc., Malvern, Pennsylvania, on
behalf of itself, its subsidiaries and
affiliates (together with The Vanguard
Group, Inc., "Vanguard"), and the
investment companies registered under the
Investment Company Act of 1940, other
pooled investment vehicles, and
institutional accounts that are sponsored,
managed, or advised by Vanguard (the
"Vanguard funds"), for the Vanguard funds
to increase the aggregate ownership
position of the Vanguard funds to more
than 15 percent of the common stock of
Columbia Banking System, Inc., parent of
Columbia Bank, both of Tacoma,
Washington.
Newspaper:
08/08/2021
Federal Register:
08/10/2021
Notification submitted by The Vanguard
Group, Inc., Malvern, Pennsylvania, on
behalf of itself, its subsidiaries and
affiliates (together with The Vanguard
Group, Inc., "Vanguard"), and the
investment companies registered under the
Investment Company Act of 1940, other
pooled investment vehicles, and
institutional accounts that are sponsored,
managed, or advised by Vanguard (the
"Vanguard funds"), for the Vanguard funds
to increase the aggregate ownership
position of the Vanguard funds to more
than 15 percent of the common stock of
Green Dot Corporation, Pasadena,
California, parent of Green Dot Bank,
Provo, Utah.
Newspaper:
08/08/2021
Federal Register:
08/10/2021
VANGUARD GROUP, INC.
VANGUARD GROUP, INC.
* 3A5
CIC
CIC
* Subject to the provisions of the Community Reinvestment Act
District: 12
Federal Reserve Bank of San Francisco
Availability of CRA Public Evaluations
The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate,
including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR
228). The regulation was revised in May 1995.
The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated periodically. That record is
taken into account in considering an institution's application for deposit facilities.
A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.
Federal bank regulators use the following performance levels to rate an institution's performance under CRA:
O = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance
The following state member banks have been examined and their CRA public evaluations are now available.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
@FedFRASER