PROMOTED · approved by PO 2026-08-07. Promoted from 2026-08-07_DRAFT.md; DRAFT retained for provenance. Register remains collect-only — promotion makes the brief issue-of-record; it does not integrate candidates into the live register workbook (that is a separately gated step).
Collect-only (ADR-008). Issue-of-record — PO-approved 2026-08-07.
Materiality thesis: A quiet sweep day. No net-new event since 08-06; the two items of note are both pre-baseline reconciliations surfaced by widening the net (a state-regulator filing and an SEC 8-K sweep). The one that matters strategically is a New England mutual consolidation via a multi-bank holding company — a structure worth tracking as mutuals seek scale without demutualizing. The register's active large deal, Santander/Webster, is confirmed on track to close 08-20.
Androscoggin Bank (ME) and Mascoma Bank (NH) to combine parent companies into ClearNorth Financial Mutual Holding Company. Fact: The two mutual banks' parent MHCs (Androscoggin Bancorp, MHC and Mascoma Mutual Financial Services Corp.) have applied to merge into a single multi-bank mutual holding company, ClearNorth Financial MHC. Announced May 11, 2026; the Maine Bureau of Financial Institutions posted the application July 7, 2026; close expected at the start of Q4 2026. Both banks keep their names, brands, charters and boards — the companies stress this is "not an acquisition." Interpretation: This is a scale play inside the mutual model — combining capital and back-office at the holding-company level while preserving two local franchises and their mutual ownership. It's an emerging pattern worth watching: mutuals pursuing multi-bank MHC structures to gain size and resilience without converting to stock form. Reconciled, not new — the register should carry it as a pre-baseline gap. Lifecycle: Announced (05-11) → application filed / posted (Maine BFI 07-07) → expected close Q4 2026.
Santander / Webster — on track to close August 20. Fact: Following Federal Reserve approval on August 4 (after OCC 06-12 and ECB 07-21), the ~$12.3B acquisition is now firmly expected to close August 20, 2026. Webster holders receive $48.75 in cash plus 2.0548 Santander ADSs per share; most of Webster's businesses move into Santander Bank, N.A. Interpretation: No change to status — approvals are complete and only the closing date remains. A large foreign-parent consolidation of a U.S. regional; the register event should advance to Closed once 08-20 is confirmed. Lifecycle: Approved (all regulators) → expected close 08-20 (pending).
Community West Bancshares / United Security Bancshares (CA) — completed, reconcile. Fact: The California in-state combination completed April 1, 2026 (~$185.5M stock; combined ~$5B assets), with approvals announced March 16. Surfaced now via an SEC 8-K sweep. Interpretation: A pre-baseline completed deal, likely already in the register; flagged for dedupe rather than treated as news. Lifecycle: Completed (04-01-2026).
No new development. Queued items (Alabama ONE/Peoples Independent, Interra/Hicksville, Zeal/Miners State, Mid Minnesota FCU/Unity branch) unchanged.
No new supervisory action. Latest remains the African Diaspora FCU liquidation (08-06). No conservatorship or liquidation surfaced 08-07.
No new digital-asset or national-trust charter filing after Dakota National Trust Bank (OCC application 07-28). The public-comment roster (Catena, Payward, Agora, EDX, Lorum, PAYO, Revolut Bank US) and the pending finals (BitGo, Fidelity Digital, Paxos; Bridge, Laser Digital, Morgan Stanley Digital Trust) are unchanged.
No individual master-account or Payment Account grant/denial located. Status remains unknown — not inferred from any charter approval.
No new FDIC-resolved failure. Latest remains Small Business Bank, Lenexa, KS (07-17), the fourth failure of 2026.
Sources tiered primary-first: Maine Bureau of Financial Institutions; Federal Reserve / OCC / ECB approvals; SEC filings; Santander investor release; NCUA; FDIC; corroborating trade press (Banking Dive, ABA Banking Journal, American Banker).
Integrated from CBSI_update_2026_8_7.md (PO-approved). Two Federal Reserve approvals dated August 4 that were omitted from the 08-06 run — classified Corrected/Reconciled (status changed), carrying an 08-04 event date and an 08-07 reconciliation date. Identifiers below are per the ChatGPT stream / FFIEC and are flagged for FDIC verification before any live-register edit.
FS Bancorp, Inc. / Pacific West Bancorp — Federal Reserve BHC approval (Aug 4). Fact: On Aug 4 the Federal Reserve approved FS Bancorp (Mountlake Terrace, WA) to merge with Pacific West Bancorp (West Linn, OR) and indirectly acquire Pacific West Bank; the underlying FDIC bank-merger approval was July 9. Announced Feb 25, 2026 at ~$34.6M cash and stock; Pacific West ~$386M assets (12/31/25); combined ~$3.6B. Interpretation: through its principal approval gates — the remaining lifecycle event is closing. Lifecycle: approved (all regulators) → closing pending. Identifiers: Pacific West Bank RSSD 3303944; 1st Security Bank of Washington RSSD 1018927 / cert 57633 (verify vs FDIC).
Coastal Bend Bancshares, Inc. / First National Bank in Port Lavaca — Federal Reserve approval (Aug 4). Fact: On Aug 4 the Federal Reserve approved Coastal Bend Bancshares (Corpus Christi, TX) to acquire First National Bank in Port Lavaca via an interim national bank structure (OCC approved that step June 8). Announced Apr 8, 2026; terms undisclosed. First Community Bank ~$661M assets, First National ~$381M. Coastal Bend will initially operate First National separately, then later merge it into First Community Bank — a subsequent transaction requiring FDIC approval. Interpretation: two separate regulatory events; the Fed approval is not the final bank integration. Lifecycle: Fed-approved (interim acquisition) → later bank merger (FDIC approval) pending. Identifiers: First National Bank in Port Lavaca RSSD 855264 / cert 17811; First Community Bank, Corpus Christi RSSD 339456 / cert 24353 (verify vs FDIC).
Citizens National Corp. / Peoples Bancorp (OH) — WATCH (vote unconfirmed). Fact: Citizens National shareholders were scheduled to vote Aug 6 on the ~$77M cash-and-stock acquisition by Peoples Bancorp (each Citizens share → 2.10 Peoples shares + $8 cash); as of 8/7 no primary-source filing reporting the result was located, so shareholder approval is not treated as confirmed. Interpretation: a benchmark Midwest community-bank deal; announcement, vote, regulatory approval and closing remain separate validated events. Lifecycle: shareholder vote scheduled 08-06 → result pending confirmation.
ChatGPT-stream sources: Federal Reserve orders 20260804b1 (FS Bancorp) and 20260804c1 (Coastal Bend); FS Bancorp IR; FCBOT announcement; FFIEC/iBankNet for identifiers.