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 February 2, 2008


Bank Branches, Domestic

San Francisco
1st Pacific Bank of California, San Diego, California  -- to establish a branch at 525 B Street.
-Approved, January 29, 2008 

Kansas City
CoBiz Bank, Denver, Colorado  -- to establish a branch at 301 University Boulevard.
-Approved, January 30, 2008 

San Francisco
Community Bank of Nevada, Las Vegas, Nevada  -- to establish branches at 2510-2530 St. Rose Parkway, Henderson, and at the intersection of Craig and Losee Roads, North Las Vegas.
-Approved, January 31, 2008 

Secretary
First American Bank, Birmingham, Alabama  -- to retain a branch at 3501 Roosevelt Boulevard.
-Approved, January 28, 2008 

Richmond
First Charter Bank, Charlotte, North Carolina  -- to establish a branch at 606 South Main Street, Kannapolis.
-Approved, January 30, 2008 

Richmond
First Virginia Community Bank, Fairfax, Virginia  -- to establish a branch at 7900 Sudley Road, Manassas.
-Approved, February 1, 2008 

Secretary
SunTrust Bank, Atlanta, Georgia  -- to establish branches at 7275 Southwest 90th Street, Miami, Florida; 15701 Southwest 152nd Street, and 4021 Lagniappe Way, Tallahassee.
-Approved, January 30, 2008 

Bank Holding Companies

Kansas City
Ambage, Inc., Las Vegas, Nevada  -- to become a bank holding company and to acquire First Financial Services, Inc., Falls City, Nebraska, and First National Bank and Trust Company.
-Approved, January 28, 2008 

Philadelphia
CCFNB Bancorp, Inc., Bloomsburg, Pennsylvania  -- waiver of application to merge with Columbia Financial Corporation, in connection with the merger of their subsidiaries, Columbia County Farmers National Bank and First Columbia Bank & Trust Co.
-Granted, February 1, 2008 

Minneapolis
Chandler BancShares, Inc., Chandler, Minnesota  -- relief from a commitment.
-Granted, January 31, 2008 

Chicago
FBOP Corporation, Oak Park, Illinois  -- to acquire shares of PFF Bancorp, Inc., Rancho Cucamonga, California, and thereby acquire PFF Bank and Trust, Pomona.
-Withdrawn, January 31, 2008 

Kansas City
FCB Acquisition Corp., Overland Park, Kansas  -- to become a bank holding company and to acquire NKC Bancshares, Inc., North Kansas City, Missouri, and Norbank; and for Young Partners, L.P., Chillicothe, Missouri, Young Corporation, Citizens Bancshares Company, and First Community Bancshares, Inc., Overland Park, Kansas, to indirectly acquire NKC Bancshares, Inc. through FCB Acquisition Corp.
-Withdrawn, January 28, 2008 

Kansas City
First Central Nebraska Company, Broken Bow, Nebraska  -- waiver of application to acquire WoodRiver Banco, Inc., Oconto, and its subsidiary, The Farmers Bank, in connection with the merger of The Farmers Bank and First Central Nebraska's subsidiary, Nebraska State Bank and Trust Company, Broken Bow.
-Granted, January 29, 2008 

Secretary
First Commercial Bank, Edmond, Oklahoma  -- waiver of application to acquire the Littleton, Colorado, branch of First National Bank of Colorado, in connection with the merger of First National Bank of Colorado and First Commercial Bank, Edmond, Oklahoma.
-Granted, January 28, 2008 

St. Louis
Integra Bank Corporation, Evansville, Indiana  -- to merge with Peoples Community Bancorp, Inc., West Chester, Ohio, and thereby acquire Peoples Community Bank.
-Withdrawn, February 1, 2008 

Bank Mergers

Richmond
Union Bank and Trust Company, Bowling Green, Virginia  -- to merge with Prosperity Bank & Trust Company, Springfield.
-Approved, January 30, 2008 

Change In Bank Control

Atlanta
Alamerica BancCorp, Inc., Birmingham, Alabama  -- change in bank control of BancCorp and its subsidiary bank, Alamerica Bank.
-Permitted, January 28, 2008 

Extensions Of Time

Richmond
Bank of Gassaway, Gassaway, West Virginia  -- extension to August 6, 2008, to establish a branch at 1960 Sutton Lane, Sutton.
-Granted, January 29, 2008 

Richmond
Bank of the Commonwealth, Norfolk, Virginia  -- extension to September 14, 2008, to establish a branch at 562 Carotoke Highway, Moyock, North Carolina.
-Granted, February 1, 2008 

Kansas City
The Farmers State Bank of Fort Morgan, Colorado Employee Stock Ownership Plan, Fort Morgan, Colorado  -- extension to May 13, 2008, to acquire shares of F.S.B. Bancorporation of Fort Morgan, Colorado, and Farmers State Bank of Fort Morgan.
-Granted, January 31, 2008 

Director, BS&R
The PNC Financial Services Group, Inc., Pittsburgh, Pennsylvania  -- extension of time to divest or conform certain impermissible activities and investments.
-Granted, January 31, 2008 

Richmond
Virginia Commerce Bank, Arlington, Virginia  -- extension to August 23, 2008, to establish a branch at Dulles 606 Retail Center, 23510 Overland Drive, Dulles.
-Granted, January 29, 2008 

Membership

San Francisco
Commonwealth Business Bank, Los Angeles, California  -- to become a member of the Federal Reserve System.
-Approved, January 31, 2008 

Regulations And Policies

FOMC
Short-term Interest Rates  -- decrease in the target for the federal funds rate from 3-1/2 percent to 3 percent.
-Approved, January 30, 2008 


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