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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. 23
Week Ending June 5, 2021
Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2
Board Actions
May 30, 2021 to June 5, 2021
Forms
Forms -- initial Board review to extend without revision the Basel II Interagency
Pillar 2 Supervisory Guidance (FR 4199); and final Board review to extend without
revision the Recordkeeping Provisions Associated with Stress Testing Guidance
(FR 4202), Application for a Foreign Organization to Acquire a U.S. Bank or Bank
Holding Company (FR Y-3F), International Applications and Prior Notifications
under Subpart B of Regulation K (FR K-2), and Recordkeeping Requirements
Associated with Changes in Foreign Investments (Made Pursuant to Regulation K)
(FR 2064).
- Approved, June 3, 2021
Enforcement
BBVA USA, Birmingham, Alabama -- consent order of prohibition against Jennifer
Bradford, a former institution-affiliated party.
- Announced, June 3, 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
May 30, 2021 to June 5, 2021
RBOPS Reserve Bank Operations and Payment Systems
IF International Finance
MA Monetary Affairs
Bank Branches, Domestic
Richmond
HomeTrust Bank, Asheville, North Carolina -- to establish branches at
6310 Fairview Road, Charlotte, and 4700 Six Forks Road, Raleigh
(two applications).
- Approved, June 2, 2021
St. Louis
Independence Bank of Kentucky, Owensboro, Kentucky -- to establish a branch at
1900 Colonel Sanders Lane, Louisville.
- Approved, May 31, 2021
Minneapolis
North American Banking Company, Roseville, Minnesota -- to establish a branch at
the northeast corner of Hemlock Lane North and Village Drive, Maple Grove.
- Approved, June 1, 2021
Cleveland
The Ohio Valley Bank Company, Gallipolis, Ohio -- to establish a branch at
2509 Jackson Avenue, Point Pleasant, West Virginia.
- Approved, June 4, 2021
(A/C) = Addition or Correction
Delegated - 1 of
5
H.2
Actions under delegated authority
May 30, 2021 to June 5, 2021
Bank Holding Companies
Chicago
AC Bancorp, Inc., Petersburg, Illinois -- waiver of application to acquire Firstate
Bancorp, Inc., Mason City, in connection with the merger of 1st State Bank of Mason
City, with and into Alliance Community Bank, Petersburg.
- Granted, May 26, 2021
(A/C)
Chicago
Community Capital Bancorp, Inc., Waukesha, Wisconsin -- to become a bank holding
company by acquiring Collins Bankcorp, Inc., Collins, and thereby indirectly acquire
Collins State Bank.
- Returned, June 4, 2021
Philadelphia
Fidelity D&D Bancorp, Inc., Dunmore, Pennsylvania -- waiver of application to
acquire Landmark Bancorp, Inc., Pittston, and thereby indirectly acquire Landmark
Community Bank (Landmark), in connection with the merger of Landmark with and
into The Fidelity Deposit and Discount Bank, Dunmore.
- Granted, June 3, 2021
San Francisco
Peak Bancorp, Inc, McCall, Idaho -- to become a bank holding company by acquiring
Idaho First Bank, McCall.
- Approved, June 2, 2021
Chicago
PFB Holding Company, Joliet, Illinois -- to become a bank holding company by
acquiring PeopleFirst Bank.
- Returned, June 3, 2021
(A/C) = Addition or Correction
Delegated - 2 of
5
H.2
Actions under delegated authority
May 30, 2021 to June 5, 2021
Banks, State Member
Chicago
Ally Bank, Sandy, Utah -- to make certain public welfare investments
(three requests).
- Approved, June 3, 2021
Change in Bank Control
Chicago
Chebelle Corporation, Belle Plaine, Iowa -- Karlene M. Lindseth 2020 Chebelle
Trust, Michael J. Lindseth, as trustee, both of Eden Prairie, Minnesota, to become
members of the Erusha Family Control Group (approved October 11, 2019), a group
acting in concert, to retain voting shares of Chebelle Corporation and thereby retain
voting shares of Chelsea Savings Bank, Belle Plaine, Iowa.
- Permitted, June 2, 2021
Chicago
First Lena Corporation, Lena, Illinois -- Steven V. Chesney, Las Vegas, Nevada, to
acquire voting shares of First Lena Corporation and thereby indirectly acquire voting
shares of Citizens State Bank, Lena.
- Permitted, June 2, 2021
(A/C) = Addition or Correction
Delegated - 3 of
5
H.2
Actions under delegated authority
May 30, 2021 to June 5, 2021
Change in Bank Control
San Francisco
Greater Pacific Bancshares, Whittier, California -- Hamad Abdulmohsen Almarzouq,
Abeer Abdullah Alsemait, Abdulaziz Yacoub Alnafisi, Ahmad Abdulaziz Alnafisi,
Aljuohara Abdulaziz Alnafisi, Dalal Abdulaziz Alnafisi, Farah Abdulaziz Alnafisi, all
of Yarmouk, Kuwait; Ghaida Husain Alhusain, Duaij Khalifah Khalaf Alenezi, Samir
Yaqoub Alnafisi, Suliman Khalifah Khalaf Alenezi, all of Kuwait City, Kuwait; Abrar
Khaled Alsabah, Jaber Khaled Alsabah, Ohoud Salem Alsabah, Salem Khaled
Alsabah, Shaikhah Khaled Alsabah, all of Qortuba, Al Asimah, Kuwait; Khalid
Abdullah Alsumait, Shatha Abdullah Alsamait, both of Dahiya Abdullah Salem,
Kuwait; Areej Abdullah Alsamait, Shuwaikh, Kuwait; Issam Abdulmohsen
Almarzooq, Abdullah Alsalem, Kuwait; as a group acting in concert to acquire voting
shares of Greater Pacific Bancshares, and thereby indirectly acquire voting shares of
Bank of Whittier, National Association, both of Whittier, California.
- Withdrawn, June 1, 2021
Dallas
Maypearl Bancshares, Inc., Maypearl, Texas -- Jane C. Wilemon, individually, and as
trustee of the Wilemon Family Trust and the Wilemon Survivors Trust, comprising
the Jane C. Wilemon Family Control Group, a group acting in concert, to retain
voting shares of Maypearl Bancshares, Inc. and thereby indirectly retain voting
shares of The Cowboy Bank of Texas, all of Maypearl, Texas.
- Permitted, June 4, 2021
Chicago
Solon Financial, Inc., Solon, Iowa -- Karlene M. Lindseth 2020 Solon Trust, Michael
J. Lindseth, as trustee, and the Michael J. Lindseth 2020 Solon Trust, Karlene M.
Lindseth, as trustee, all of Eden Prairie, Minnesota, to become members of the
Erusha Family Control Group (approved May 31, 2019), a group acting in concert, to
retain voting shares of Solon Financial, Inc. and thereby indirectly retain voting
shares of Solon State Bank, Solon, Iowa.
- Permitted, June 2, 2021
(A/C) = Addition or Correction
Delegated - 4 of
5
H.2
Actions under delegated authority
May 30, 2021 to June 5, 2021
Extensions of Time
Dallas
Woodforest Financial Group Employee Stock Ownership Plan (with 401(k)
Provisions) (Amended and Restated Eff. 01/01/16), The Woodlands, Texas, and
Woodforest Financial Group Employee Stock Ownership Trust -- extension to
September 4, 2021, to acquire shares of Woodforest Financial Group, Inc.,
The Woodlands, and indirectly acquire Woodforest National Bank.
- Granted, June 4, 2021
Financial Holding Companies
Kansas City
Gemini Bancshares, Inc., Monument, Colorado -- election to become a financial
holding company.
- Effective, June 2, 2021
(A/C) = Addition or Correction
Delegated - 5 of
5
District: 1
Federal Reserve Bank of Boston
Filings received during the week ending June 5, 2021
Filer
Filing Type
Filing Proposal
End of Comment Period
BANKNEWPORT
* Branch
Application by BankNewport, Newport,
Rhode Island, to establish a branch at 27
Strawberry Field Road, Warwick, Rhode
Island, pursuant to Section 208.6 of
Regulation H.
Newspaper:
06/11/2021
Federal Register:
Not applicable
Webster Financial Corporation, Waterbury,
Connecticut, to merge with Sterling
Bancorp, Pearl River, New York and
thereby indirectly acquire Sterling National
Bank, Pearl River, New York, pursuant to
sections 3(a)(3) and 3(a)(5) of the Bank
Holding Company Act of 1956, as
amended.
Newspaper:
06/28/2021
Federal Register:
07/08/2021
WEBSTER FINANCIAL
CORPORATION
* 3A3
* 3A5
* 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 June 5, 2021
Filer
Filing Type
Filing Proposal
End of Comment Period
FIVE STAR BANK
* Branch
Five Star Bank, Warsaw, New York, to
establish a branch office to be located at
100 West Water Street, Elmira, New York.
Newspaper:
06/11/2021
Federal Register:
Not applicable
New York Community Bancorp, Inc.,
Westbury, New York, to acquire 100
percent of Flagstar Bancorp, Inc., and
thereby indirectly acquire Flagstar Bank,
FSB, both of Troy, Michigan, pursuant to
Section 4(c)(8) and 4(j) of the BHC Act of
1956, as amended, and Section 225.24 of
Regulation Y.
Newspaper:
06/19/2021
Federal Register:
07/01/2021
NEW YORK COMMUNITY
BANCORP, INC.
* 4c8
* Subject to the provisions of the Community Reinvestment Act
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 June 5, 2021
Filer
Filing Type
NONE
* Subject to the provisions of the Community Reinvestment Act
Filing Proposal
End of Comment Period
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 June 5, 2021
Filer
Filing Type
Filing Proposal
End of Comment Period
PEOPLES BANCORP INC.
* 3A3
Peoples Bancorp, Inc., Marietta, Ohio to
acquire Premier Financial Bancorp, Inc.,
Huntington, West Virginia, and, thereby,
indirectly acquire Premier Bank, Inc.,
Huntington, West Virginia and Citizens
Deposit and Trust, Inc., Vanceburg,
Kentucky.
Newspaper:
06/28/2021
Federal Register:
07/01/2021
* 3A5
* Subject to the provisions of the Community Reinvestment Act
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 June 5, 2021
Filer
Filing Type
Filing Proposal
End of Comment Period
SHORE BANCSHARES, INC.
4c8
Shore Bancshares, Inc., Easton, Maryland,
to acquire 100% of the voting securities of
Severn Bancorp, Inc., Annapolis,
Maryland, and thereby indirectly acquire
Severn Savings Bank, FSB, Annapolis,
Maryland.
Newspaper:
Not applicable
Federal Register:
Not available
VCC Social Enterprises, Richmond,
Virginia, to become a bank holding
company through the acquisition of 99.6%
of the voting securities of VCC Bank,
Richmond, Virginia.
Newspaper:
Not available
Federal Register:
06/24/2021
VCC SOCIAL ENTERPRISES
* 3A1
4c8
* 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 June 5, 2021
Filer
Filing Type
UNITED BANCORPORATION * 3A3
OF ALABAMA, INC.
* Subject to the provisions of the Community Reinvestment Act
Filing Proposal
End of Comment Period
United Bancorporation of Alabama,
Atmore, Alabama, to acquire TownCountry National Bank, Camden,
Alabama, pursuant to section 3(a)(3) of the
BHC Act.
Newspaper:
Not available
Federal Register:
07/06/2021
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 June 5, 2021
Filer
Filing Type
Filing Proposal
End of Comment Period
DRAKE HOLDING
COMPANY
CIC
Notice by the Richard R. Drake Family
Trust, 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:
05/07/2021
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
FIRST NATIONAL
BANCSHARES, INC.
CIC
Notice by the Foote family regarding their
control of First National Bancshares, Inc.,
East Lansing, Michigan and indirect
control of First National Bank of America,
East Lansing, Michigan.
Newspaper:
Not available
Federal Register:
05/26/2021
FOSTORIA BANKSHARES,
INC.
CIC
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,
both of Fostoria, Iowa.
Newspaper:
Not available
Federal Register:
Not available
GRINNELL BANCSHARES,
INC.
CIC
Notice by F. Addison Jones, as trustee of
the F. Addison Survivor Trust and the
Marion A Jones Descendant Trust, all of
Grinnell, Iowa; Grinnell State Bank and F.
Addison Jones as Co-Trustees of the David
A. Jones Irrevocable Trust and the F.
Austin Jones Irrevocable Trust, all of
Grinnell, Iowa; Anthony Joseph Jones,
Cumming, Iowa; Fitzpatrick A Jones,
Grinnell, Iowa; David Aric Jones, Grinnell,
Iowa; Alyson Marie Jones, Grinnell, Iowa;
Kelsey Megan McCulley, Wellman, Iowa;
and Miranda Austin Bradberry, Tiffin,
Iowa; to become members of the Jones
Family Control Group, a group acting
concert, by retaining voting shares of
Grinnell Bancshares, Inc. and thereby
indirectly retain voting shares of Grinnell
State Bank, both of Grinnell, Iowa.
Newspaper:
Not available
Federal Register:
06/04/2021
* Subject to the provisions of the Community Reinvestment Act
District: 7
Federal Reserve Bank of Chicago
Filings received during the week ending June 5, 2021
Filer
Filing Type
Filing Proposal
End of Comment Period
NORTHERN TRUST
COMPANY, THE
4c8
The Northern Trust Corporation, Chicago,
Illinois, through the London Branch of
The Northern Trust Company,Chicago,
Illinois to engage de novo in the
nonbanking activity of distributed ledger
technology node operator and node
validator services, and thereby engage in
the nonbanking activity of data processing,
pursuant to section 225.28(b)(14) of
Regulation Y.
Newspaper:
Not applicable
Federal Register:
Not available
PFB HOLDING COMPANY
3A1
PFB Holding Company, Joliet, Illinois to
become a bank holding company by
acquiring PeopleFirst Bank, Joliet, Illinois.
Newspaper:
Not applicable
Federal Register:
Not applicable
Notice by WaterStone Bank SSB 2015
Amended and Restated Employee Stock
Ownership Plan and WaterStone Bank SSB
401(K) Plan to acquire voting shares of
WaterStone Financial, Inc., and thereby
indirectly control WaterStone Bank, both
of Wauwatosa, Wisconsin.
Newspaper:
Not available
Federal Register:
06/17/2021
WATERSTONE FINANCIAL,
INC.
CIC
* 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 June 5, 2021
Filer
Filing Type
Filing Proposal
End of Comment Period
DU QUOIN STATE BANK
* Branch
Du Quoin State Bank of Du Quoin, Illinois
to establish a branch located at 102
Chestnut Street, De Soto, Illinois.
Newspaper:
06/18/2021
Federal Register:
Not applicable
First Bank, Creve Coeur, Missouri to
establish a new branch located at 878
Eastlake Parkway, Suite 1310, Chula Vista,
California.
Newspaper:
06/05/2021
Federal Register:
Not applicable
First State Capital Corporation, Holly
Springs, Mississippi to merge with M&F
Bancorp, Inc., and thereby indirectly
acquire Merchant and Farmers Bank both
of Holly Springs, Mississippi.
Newspaper:
06/28/2021
Federal Register:
06/04/2021
The M&P Community Bancshares, Inc.
401(k) Employee Stock Ownership Plan,
Newport, Arkansas, to acquire additional
ownership of up to 39% of M&P
Community Bancshares, Inc., Newport,
Arkansas, and thereby increase its indirect
control of Merchants and Planters Bank,
Newport, Arkansas.
Newspaper:
Not available
Federal Register:
Not available
Notice by Rich Land Bancorp, Inc. ESOP
(the ESOP) and Dan L. Eichelberger,
individually and as trustee of the ESOP,
both of Olney, Illinois, to retain control of
Rich Land Bancorp, Inc., and thereby
indirectly retain control of TrustBank, both
of Olney, Illinois.
Newspaper:
06/14/2021
Federal Register:
06/23/2021
FIRST BANK
* Branch
FIRST STATE CAPITAL
CORPORATION
* 3A5
M&P COMMUNITY
BANCSHARES, INC. 401(K)
EMPLOYEE STOCK
OWNERSHIP PLAN
* 3A3
RICH LAND BANCORP, INC. CIC
* 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 June 5, 2021
Filer
Filing Type
Filing Proposal
End of Comment Period
GEBSCO, INC.
CIC
Daniel J. Heike, Mondovi, Wisconsin;
Heidi R. Weber, Mondovi, Wisconsin;
Sarah E. Robertson, Eau Claire,
Wisconsin; and Frederick Arthur
Robertson III Living Trust, Frederick A.
Robertson III, as trustee, both of Madison,
Wisconsin; to become members of the
Heike Family Control Group, a group
acting in concert, to retain voting shares of
Gebsco, Inc., Mondovi, Wisconsin, and
thereby indirectly retain voting shares of
Alliance Bank, Mondovi, Wisconsin.
Newspaper:
Not available
Federal Register:
06/01/2021
MidCountry Acquisition Corp.,
Minneapolis, Minnesota (MAC), a savings
and loan holding company, to become a
bank holding by merging with J & B
Financial Holdings, Inc., Minneapolis,
Minnesota, and thereby indirectly
acquiring 1st United Bank, Faribault,
Minnesota; First State Bank of Sauk
Centre, Sauk Centre, Minnesota; and Red
Rock Bank, Sanborn, Minnesota; and
merging with Northfield Bancshares, Inc,
Northfield, Minnesota, and thereby
indirectly acquiring Community Resource
Bank, Northfield, Minnesota. MAC also to
retain MidCountry Bank, Bloomington,
Minnesota, and thereby engage in
operating a savings association pursuant to
section 225.28(b)(4)(ii) of Regulation Y.
MAC also to acquire First State Agency,
Inc., Sauk Centre, Minnesota, and thereby
indirectly engage in general insurance
agency activities in a community that has a
population not exceeding 5,000 pursuant to
section 225.28(b)(11)(iii)(A) of Regulation
Y. In addition, MAC elects to become a
financial holding company to enable
MidCountry Bank to retain its ownership
of MidCountry Insurance Services, Inc.
and MidCountry Insurance Agency, Inc,
both of Bloomington, Minnesota.
Newspaper:
Not available
Federal Register:
Not available
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, AZ; a group acting in
concert to retain voting shares of Randall
Bancorp Inc., and thereby indirectly retain
voting shares of Randall State Bank, both
of Randall, Minnesota.
Newspaper:
Not available
Federal Register:
06/25/2021
MIDCOUNTRY
ACQUISITION CORP.
* 3A1
* 3A3
4c8
* 4c8
RANDALL BANCORP, INC.
CIC
* Subject to the provisions of the Community Reinvestment Act
District: 9
Federal Reserve Bank of Minneapolis
Filings received during the week ending June 5, 2021
Filer
Filing Type
Filing Proposal
End of Comment Period
RUSHFORD STATE
BANCORP, INC.
CIC
James T. Roberton, Ramsey, Minnesota, to
retain voting shares of Rushford State
Bancorp, Inc., and thereby indirectly retain
voting shares of Rushford State Bank, both
of Rushford, Minnesota.
Newspaper:
06/30/2021
Federal Register:
06/11/2021
SECURITY FINANCIAL
BANK
* 18C
Security Financial Bank, Durand,
Wisconsin, to merge with Jackson County
Bank, Black River Falls, Wisconsin, and
incident thereto, establish branches.
Newspaper:
Not available
Federal Register:
Not applicable
WNB HOLDING COMPANY
CIC
Elizabeth King Bach Trust under
Agreement dated July 19, 2019; E.L. King
Jr. Marital Trust FBO E.L. King III; E.L.
King Jr. Marital Trust FBO Elizabeth King
Bach; E.L. King, Jr. Generation Skip Trust
FBO E.L. King III; and E.L. King, Jr.
Generation Skip Trust FBO Elizabeth King
Bach; all of Winona, Minnesota (WNB
Financial, National Association, Winona,
Minnesota (Bank), and Kent Gernander,
Rushford, Minnesota, are co-trustees for
these five trusts); and David King Marital
Trust created under the Will dated 3/6/95,
Winona, Minnesota (Bank is trustee and
Kent Gernander has proxy with power to
vote the shares for this trust), to become
members of the Gernander group, a group
acting in concert, to retain 25% or more of
the voting shares of WNB Holding
Company, Winona, Minnesota, and thereby
indirectly retain voting shares of Bank.
Newspaper:
02/22/2021
Federal Register:
06/16/2021
Daniel King, North Plains, Oregon; Sarah
King, Henderson, Nevada; Heather Bach,
LaCrosse, Wisconsin; Nicolle Jensen,
Santa Fe, New Mexico; Sarah BachLumsden, Winona, Minnesota; and the
Frederick R. King Marital Trust U/W and
Frederick R. King Family Trust U/W, both
of Winona, Minnesota, (WNB Financial,
National Association, Winona, Minnesota
(Bank) and Elizabeth King Bach, Winona,
Minnesota are co-trustees for these two
trusts) to become members of the King
group, a group acting in concert, to retain
25% or more of the voting shares of WNB
Holding Company, Winona, Minnesota,
and thereby indirectly retain voting shares
of Bank.
Newspaper:
02/22/2021
Federal Register:
06/16/2021
WNB HOLDING COMPANY
CIC
* 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 June 5, 2021
Filer
Filing Type
NONE
* Subject to the provisions of the Community Reinvestment Act
Filing Proposal
End of Comment Period
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 June 5, 2021
Filer
Filing Type
Filing Proposal
End of Comment Period
ALBANY BANCSHARES,
INC.
CIC
Notice under the Change in Bank Control
Act filed by the Jon Rex Jones ("JRJ")
Loyal Trust ("Proxy"), Jon Rex Jones, both
of Albany, Texas; the JRJ Dynasty Trust, ,
the Jon Rex Jones Jr. ("JRJ Jr.") Trust V,
the JRJ Jr. Loyal Trust ("Proxy"), Jon Rex
Jones, Jr., as trustee, the JRJ Jr. Dynasty
Trust, Brenda Wilkinson Jones, as trustee,
McArron GP LLC, all of Austin, Texas;
the Julie Ann Jarvis ("JAJ") Trust V, the
Debora L. Jones ("DLJ") Trust V, the JAJ
Loyal Trust ("Proxy"), the DLJ Trust
("Proxy"), Julie Ann Jarvis, as trustee, all
of Aledo, Texas; and the Stephen Martin
Jones ("SMJ") Trust V, the SMJ Loyal
Trust ("Proxy"), Stephen Martin Jones, as
trustee, all of Abilene, Texas (the "Control
Group"), in connection with entry into a
Proxy and voting agreement, and
shareholders agreement (collectively, the
"Agreements"), to retain voting shares of
Albany Bancshares, Inc., ("Company"),
and thereby indirectly retain voting shares
of First National Bank of
Albany/Breckenridge, both of Albany,
Texas.
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
* Subject to the provisions of the Community Reinvestment Act
District: 11
Federal Reserve Bank of Dallas
Filings received during the week ending June 5, 2021
Filer
Filing Type
Filing Proposal
End of Comment Period
RIVERBEND FINANCIAL
CORPORATION
CIC
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, Clinton Dunn, Dallas, Texas,
Andrew Park, Santa Clarita, California,
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
* 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 June 5, 2021
Filer
Filing Type
Filing Proposal
End of Comment Period
BANKGUAM HOLDING
COMPANY
4c8
BankGuam Holding Company, Hagatna,
Guam, to acquire an additional 25 percent
of the outstanding voting shares of ASC
Trust, LLC, Hagatna, Guam, and thereby
engage in employee benefits consulting
services and trust company functions,
pursuant to sections 225.28(b)(9)(ii) and
225.28(b)(5) of Regulation Y.
Newspaper:
Not applicable
Federal Register:
06/23/2021
FRIENDLY HILLS BANK
* 18C
Friendly Hills Bank, Whittier, California,
to acquire certain deposit liabilities,
assume the leases, and purchase certain
fixed assets, of three branch locations of
Bank of Southern California National
Association, San Diego, California.
Friendly Hills Bank will also consolidate
one of the acquired Bank of Southern
California, National Association branches
into an existing Friendly Hills Bank
branch.
Newspaper:
Not available
Federal Register:
Not applicable
SVB Financial Group, Santa Clara,
California, to merge with Boston Private
Financial Holdings, Inc. and thereby
indirectly acquire Boston Private Bank &
Trust Company; both of Boston,
Massachusetts; 2) Boston Private Bank &
Trust Company, Boston, Massachusetts, to
merge with and into Silicon Valley Bank,
Santa Clara, California; 3) Silicon Valley
Bank to acquire 19 branch offices of
Boston Private Bank & Trust Company;
and 4)Silicon Valley Bank, Santa Clara,
California, to exercise trust powers.
Newspaper:
Not available
Federal Register:
04/07/2021
Taiwan Cooperative Bank, Ltd., Taipei,
Taiwan, to establish a branch office in
Houston, Texas, pursuant to section 211.24
(a)(1) of Regulation K and section 7(d) of
FBSEA.
Newspaper:
06/13/2021
Federal Register:
Not applicable
Westamerica Bank, San Rafael, California,
requests prior approval to make a
$3,630,000 public welfare investment in
RBC Community Investments California
Fund-6 LP.
Newspaper:
Not applicable
Federal Register:
Not applicable
SVB FINANCIAL GROUP
* 18C
* 3A5
* Branch
TAIWAN COOPERATIVE
BANK, LTD.
FBSEA
WESTAMERICA BANK
PWI
* 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