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 January 3, 2009


Bank Branches, Domestic

Kansas City
Bank of Versailles, Versailles, Missouri  -- to establish a branch at 76 Grand Point Boulevard, Sunrise Beach.
-Withdrawn, December 30, 2008 

Cleveland
Fifth Third Bank, Cincinnati, Ohio  -- to establish a branch at 348 Lincoln Highway, North Versailles, Pennsylvania.
-Approved, December 30, 2008 

New York
Manufacturers and Traders Trust Company, Buffalo, New York  -- to establish a branch at 8155 Maple Lawn Boulevard, Fulton, Maryland.
-Approved, December 31, 2008 

Bank Holding Companies

Philadelphia
Cornerstone Financial Corporation, Mount Laurel, New Jersey  -- to become a bank holding company and to acquire Cornerstone Bank, Mount Laurel.
-Approved, December 30, 2008 

Chicago
Discover Financial Services, Riverwoods, Illinois  -- to become a bank holding company and to acquire Discover Bank, Greenwoods, Delaware, and Bank of New Castle, New Castle, and thereby engage in certain permissible nonbanking activities, and election to become a financial holding company.
-Approved, December 19, 2008  (AC)

Richmond
First Reliance Bancshares, Inc., Florence, South Carolina  -- relief from a commitment.
-Granted, December 31, 2008 

Dallas
I Bank Holding Company, Inc., Lakeway, Texas  -- to become a bank holding company and to acquire Independent Bank of Austin, SSB, Austin.
-Approved, January 2, 2009 

Kansas City
LeaderOne National, Inc., Overland Park, Kansas  -- to become a bank holding company and to acquire Signature Bank KC, Haddam, and thereby engage in mortgage banking through the acquisition of LeaderOne Financial Corporation, Overland Park.
-Withdrawn, January 2, 2009 

Minneapolis
Lincoln Holding Company, Lincoln, Montana  -- to become a bank holding company and to acquire The First Bank of Lincoln, Lincoln.
-Approved, December 31, 2008 

Chicago
P/R Bancorp, Carmel, Indiana  -- waiver of application to merge with Symphony Bancorp, Inc., Indianapolis, in connection with the merger of their respective subsidiary banks, Greensfork Township State Bank, Lynn, and Symphony Bank, Indianapolis.
-Granted, December 31, 2008 

Bank Premises

Richmond
The Bank of Monroe, Union, West Virginia  -- to increase its investment in bank premises.
-Approved, December 30, 2008 

Change In Bank Control

Chicago
Central Bancshares, Inc., Muscatine, Iowa  -- change in bank control of Central and its subsidiary banks, Central State Bank, Muscatine; Farmers and Mechanics Bank, Galesburg, Illinois; Freedom Security Bank, Coralville, Iowa; and West Chester Savings Bank, Washington.
-Permitted, December 24, 2008  (AC)

St. Louis
First Bancorp of Sparta, Ltd., Sparta, Illinois  -- change in bank control of First Bancorp and its subsidiary bank, The First National Bank of Sparta, Sparta.
-Permitted, December 30, 2008 

Minneapolis
Freedom Bancorporation, Inc., Lindstrom, Minnesota  -- change in bank control of Freedom and its subsidiary bank, Lake Area Bank, Lindstrom.
-Permitted, December 22, 2008  (AC)

Minneapolis
Waseca Bancshares, Inc., Waseca, Minnesota  -- change in bank control of Waseca and its subsidiary bank, Roundbank, Waseca.
-Permitted, December 22, 2008  (AC)

Extensions Of Time

Boston
SIS Bancorp, MHC, Sanford, Maine, and SIS Bancorp, Inc.  -- extension to March 10, 2009, to become a mutual bank holding company and stock bank holding company, respectively, and to acquire Sanford Institution for Savings, Sanford.
-Granted, December 29, 2008 

International Operations

Director, BS&R
The Bank of New York Mellon, New York, New York  -- waiver of remainder of notification period to make an investment in The Bank of New York Mellon S.A., Brussels, Belgium.
-Granted, December 29, 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