Release dates | Full version (300 KB PDF)
Board Actions | Actions under delegated authority
Applications and reports received:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco

Actions under delegated authority

Actions taken during the week ending November 3, 2007


Bank Branches, Domestic

Atlanta
Aliant Bank, Alexander City, Alabama  -- to establish a branch at 2401 Stemley Bridge Road, Suite 13, Pell City.
-Approved, October 31, 2007 

Atlanta
Community Bank of West Georgia, Villa Rica, Georgia  -- to establish a branch at 401 Adamson Square, Carrollton.
-Withdrawn, November 1, 2007 

Richmond
Gateway Bank & Trust Co., Elizabeth City, North Carolina  -- to establish a branch at 2235 Access Medical Drive, Raleigh.
-Approved, November 2, 2007 

Kansas City
SolutionsBank, Overland Park, Kansas  -- to establish a branch at 10600 Mission Road, Leawood.
-Approved, November 2, 2007 

Dallas
Tradition Bank, Houston, Texas  -- to establish a branch at Kirby Drive and Shadow Creek Parkway, Pearland.
-Approved, October 30, 2007 

Richmond
Waccamaw Bank, Whiteville, North Carolina  -- to establish a branch at 112 Waccamaw Medical Park, Conway, South Carolina.
-Approved, October 31, 2007 

Bank Holding Companies

Minneapolis
Bancorp of Montana Holding Company; Montana Business Capital Corporation, Missoula, Montana  -- to become a bank holding company and thereby acquire Bank of Montana, Missoula, a de novo bank, and thereby engage in commercial and residential loan origination activities.
-Approved, November 2, 2007 

Boston
Boston Private Financial Holdings, Inc., Boston, Massachusetts  -- to acquire additional interests in Bingham, Osborn & Scarborough LLC, San Francisco, California.
-Approved, October 31, 2007 

Atlanta
CapGen Capital Group LLC, Washington, D.C.  -- to engage de novo in acting as agent for the private placement of securities.
-Approved, October 31, 2007 

St. Louis
First Banks, Inc., St. Louis, Missouri  -- to acquire Coast Financial Holdings, Inc., Bradenton, Florida, and thereby indirectly acquire Coast Bank of Florida; and for First Bank, St. Louis, to merge with Coast Bank of Florida and thereby establish branches.
-Approved, November 1, 2007 

Director, BS&R
First Busey Corporation, Urbana, Illinois  -- relief from a commitment.
-Granted, October 31, 2007 

Kansas City
First Olathe Bancshares, Inc., Overland Park, Kansas  -- to acquire additional shares of First National Bank of Scottsdale, Scottsdale, Arizona, a de novo bank.
-Approved, November 1, 2007 

Chicago
Fox River Financial Corporation, Burlington, Wisconsin.  -- to become a bank holding company and thereby acquire Fox River State Bank, Burlington.
-Approved, October 29, 2007 

Minneapolis
Hazen Bancorporation, Inc., Hazen, North Dakota  -- to increase its ownership of North Star Holding Company, Jamestown, and thereby indirectly acquire Unison Bank.
-Approved, November 1, 2007 

Minneapolis
McIntosh County Bank Holding Company, Inc., Ashley, North Dakota  -- to increase its ownership of North Star Holding Company, Jamestown, and thereby indirectly acquire Unison Bank.
-Approved, November 1, 2007 

Richmond
South Atlantic Bancshares, Inc., Myrtle Beach, South Carolina  -- to become a bank holding company and to acquire South Atlantic Bank, Myrtle Beach, a de novo bank.
-Approved, October 31, 2007 

New York
Standard Chartered PLC, London, United Kingdom  -- to acquire Harrison Lovegrove & Co. Limited, and its subsidiaries, and thereby engage in investment advisory services and riskless principal transactions.
-Approved, October 31, 2007 

Atlanta
Sunrise Bank, Cocoa Beach, Florida  -- commitment relief request.
-Withdrawn, October 29, 2007 

Minneapolis
Wishek Bancorporation, Inc., Wishek, North Dakota  -- to increase its ownership of North Star Holding Company, Jamestown, and thereby indirectly acquire Unison Bank.
-Approved, November 1, 2007 

Bank Mergers

Kansas City
Cornerstone Bank, York, Nebraska  -- to merge with Bank of St. Edward, St. Edward, and thereby establish a branch.
-Approved, November 2, 2007 

Bank Premises

St. Louis
Farmers Bank and Trust Company, Blytheville, Arkansas  -- to increase its investment in bank premises.
-Approved, October 29, 2007 

Change In Bank Control

Kansas City
Blue Valley Ban Corp., Overland Park, Kansas  -- to retain control of Blue Valley Ban Corp., Overland Park, and Bank of Blue Valley.
-Permitted, November 1, 2007 

Kansas City
Carroll County Bancshares, Inc., Carrollton, Missouri  -- to retain control of Carroll County Bancshares, Inc., Carrollton, and Carroll County Trust Company.
-Permitted, October 30, 2007 

Kansas City
Commercial Bancorp, Pine Bluffs, Wyoming  -- change in bank control.
-Permitted, November 2, 2007 

Chicago
FNB Ban Shares, Inc., West Union, Iowa  -- to retain control of FNB Ban Shares, Inc., West Union, and First National Bank.
-Permitted, November 2, 2007 

Chicago
Lincoln S.B. Corp., Lincoln, Illinois  -- to retain control of Lincoln S.B. Corp., Lincoln, and State Bank of Lincoln.
-Permitted, November 2, 2007 

Extensions Of Time

Richmond
Bank of America, National Association, Charlotte, North Carolina  -- extension to December 31, 2007, to increase its investment in Banc of America Leasing Ireland Co., Limited, Dublin, Ireland.
-Granted, October 31, 2007 

Kansas City
The Farmers State Bank of Fort Morgan, Colorado, Employee Stock Ownership Plan, Fort Morgan, Colorado  -- extension to February 13, 2008, to acquire additional voting shares of F.S.B. Bancorporation of Fort Morgan.
-Granted, October 30, 2007 

Financial Holding Companies

Secretary
New Marshall & Ilsley Corporation, Milwaukee, Wisconsin  -- election to become a financial holding company.
-Effective, November 1, 2007 

Membership

St. Louis
First National Bank of Mount Vernon, Mount Vernon, Illinois  -- to become a member of the Federal Reserve System.
-Approved, November 2, 2007 

Regulations And Policies

FOMC
Short-term Interest Rates  -- decrease in the target for the federal funds rate from 4-3/4 percent to 4-1/2 percent.
-Approved, October 31, 2007 


Release dates | Full version (300 KB PDF)
Board Actions | Actions under delegated authority
Applications and reports received:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco