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 June 14, 2008


Bank Branches, Domestic

Richmond
Benchmark Community Bank, Kenbridge, Virginia  -- to establish a branch at 290 South Main Street, Halifax.
-Approved, June 10, 2008 

Cleveland
Fifth Third Bank, Grand Rapids, Michigan  -- to establish a branch at 601 South Clark Street, Chicago, Illinois.
-Approved, June 11, 2008 

San Francisco
First Utah Bank, Salt Lake City, Utah  -- to retroactively establish a branch at 4168 West 12600 South, Riverton.
-Approved, June 11, 2008 

Cleveland
Ohio Heritage Bank, Coshocton, Ohio  -- to establish a branch at 1066 Hebron Road, Heath.
-Approved, June 11, 2008 

Richmond
Old Line Bank, Bowie, Maryland  -- to establish a branch at 167 Jennifer Road, Annapolis.
-Approved, June 11, 2008 

Bank Holding Companies

San Francisco
Bank of Whitman Employee Stock Ownership Plan, Colfax, Washington  -- to acquire an interest in Whitman Bancorporation Incorporated, Colfax, and thereby acquire Whitman Bank.
-Approved, June 12, 2008 

Atlanta
Commerce National Bankshares of Florida, Inc., Winter Park, Florida  -- relief from a commitment.
-Returned, June 12, 2008 

Chicago
First Community Financial Partners, Inc., Joliet, Illinois  -- to continue to engage de novo in extending credit and servicing loans.
-Approved, June 13, 2008 

Kansas City
First Financial Bancshares, Inc., Lawrence, Kansas  -- to acquire Great American Bank, De Soto.
-Approved, June 11, 2008 

Boston
Greenfield Bancorp, MHC, Greenfield, Massachusetts  -- to acquire Greenfield Co-operative Bank, Greenfield, in connection with the reorganization of Greenfield Bancorp, MHC, from mutual to stock form.
-Approved, June 12, 2008 

Boston
Higher One, Inc., New Haven, Connecticut  -- to become a bank holding company in connection with the formation of Higher One Bank, New Haven.
-Withdrawn, June 12, 2008 

Atlanta
Hometown Banking Company, Inc., Fort Pierce, Florida  -- to retain an interest in Hometown of Homestead Banking Company, Homestead, and its subsidiary bank, 1st National Bank of South Florida.
-Approved, June 13, 2008 

New York
ICICI Bank Limited, Mumbai, India  -- to purchase certain assets of Global Investment Management, Princeton, New Jersey, and thereby engage in financial and investment advisory activities.
-Approved, June 12, 2008 

Philadelphia
Landmark Bancorp, Inc., Pittston, Pennsylvania  -- to become a bank holding company and to acquire Landmark Community Bank, Pittston.
-Approved, June 13, 2008 

Dallas
McCamey Financial Corporation, Odessa, Texas, and McCamey Financial Delaware Corporation, Dover, Delaware  -- to acquire through its subsidiary bank, Security State Bank, Odessa, an interest in Venture Finance LLC, Midland, and thereby engage in certain lending activities.
-Approved, June 11, 2008 

Director, BS&R
Passumpsic Bancorp, St. Johnsbury, Vermont  -- relief from certain commitments.
-Granted, June 13, 2008 

Atlanta
The Southern Banc Company, Inc., Gadsden, Alabama  -- to become a bank holding company and thereby retain control of The Southern Bank Company, Gadsden, upon its conversion from a federal savings bank to a state-chartered commercial bank.
-Approved, June 11, 2008 

Bank Mergers

Kansas City
Metcalf Bank, Lees Summit, Missouri  -- to merge with First Kansas Bank and Trust Company, Gardner, Kansas, and thereby establish branches at 109 East Main, 900 East Main, 830 East Main, and 405 East Nelson, Edgerton.
-Approved, June 12, 2008 

Secretary
SunTrust Bank, Atlanta, Georgia  -- to merge with Gainesville Bank & Trust, Gainesville; Mountain State Bank, Dawsonville; First National Bank of Gwinnett, Duluth; First National Bank of the South, Milledgeville; Home Town Bank of Villa Rica, Villa Rica; Community Trust Bank, Hiram; and United Bank & Trust Company, Rockmart; and thereby establish twenty-two branches.
-Approved, June 12, 2008 

Banks, Foreign

Atlanta
Caixa de Aforros de Vigo, Ourense e Pontevedra Vigo, Spain  -- to establish international bank branches in New York, New York; Chicago, Illinois; Los Angeles, California; and Houston, Texas.
-Withdrawn, June 13, 2008 

Banks, Nonmember, And Miscellaneous Institutions

Boston
Savings Bank of Maine, Gardiner, Maine  -- waiver of application to acquire by merger Rivergreen Bank, Kennebunk.
-Withdrawn, June 13, 2008 

Extensions Of Time

Richmond
RBC Centura Bank, Raleigh, North Carolina  -- extension to September 14, 2008, to merge with First Gulf Bank, National Association, Pensacola, Florida.
-Granted, June 12, 2008 

Richmond
RBC Centura Bank, Raleigh, North Carolina  -- extension to September 14, 2008, to merge with First American Bank, Birmingham, Alabama.
-Granted, June 12, 2008 

Richmond
RBC Centura Bank, Raleigh, North Carolina  -- extension to September 14, 2008, to merge with Alabama Exchange Bank, Tuskegee, Alabama.
-Granted, June 12, 2008 

International Operations

Director, BS&R
Bank of America Corporation, Charlotte, North Carolina  -- waiver of prior notice period to make an additional investment in China Construction Bank Corporation, Beijing, People's Republic of China.
-Granted, June 4, 2008  (AC)

Membership

Kansas City
American State Bank & Trust Company, National Association, Great Bend, Kansas  -- to retain membership in the Federal Reserve System on conversion to a state-chartered institution.
-Approved, June 11, 2008 

San Francisco
Coastal Community Bank, Everett, Washington  -- to become a member of the Federal Reserve System.
-Approved, June 9, 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