FRB: H.2--Actions under delegated authority--Week ending July 26, 2008

Security Bank, Pawnee, Oklahoma -- to relocate its main office from Pawnee to Tulsa, and to convert the Pawnee location to a branch.
-Withdrawn, July 25, 2008

Virginia Commerce Bank, Arlington, Virginia -- to establish a branch at 7115 Leesburg Pike, Falls Church.
-Approved, July 23, 2008

Bank Holding Companies

First Security Bancorp, Searcy, Arkansas -- to acquire Union Bancshares of Benton, Inc., Benton, and The Union Bank of Benton.
-Approved, July 23, 2008

Pinnacle Capital Corporation, Marshalltown, Iowa -- to become a bank holding company and to acquire Pinnacle Bank, Marshalltown.
-Withdrawn, July 22, 2008

Reliance Bancorp, MHC (in formation), Altoona, Pennsylvania, and Reliance Bancorp, Inc. (in formation) -- to become bank holding companies in connection with the reorganization of Reliance Savings Bank, Altoona, from a state chartered mutual savings bank to a stock savings bank.
-Approved, July 23, 2008

The Royal Bank of Scotland Group plc, Edinburgh, Scotland -- relief from a commitment.
-Granted, July 22, 2008

Banks, Foreign

Andhra Bank, Hyderabad, India -- to establish a representative office in Jersey City, New Jersey.
-Approved, July 23, 2008

Change In Bank Control

Delta National Bancorp, Manteca, California -- change in bank control of Bancorp and its subsidiary bank, Delta Bank, N.A., Manteca.
-Returned, July 21, 2008

Utah Independent Bank, Salina, Utah -- change in bank control of Utah Independent Bank, Salina.
-Permitted, July 23, 2008

Extensions Of Time

M&P Community Bancshares, Inc. 401(k) Employee Stock Ownership Plan, Newport, Arkansas -- extension to October 26, 2008, to acquire additional shares of M&P Community Bancshares, Inc., Newport.
-Granted, July 21, 2008

Regions Bank, Birmingham, Alabama -- extension to October 2, 2009, to establish a branch at 55 North Section Street, Fairhope.
-Granted, July 23, 2008

Financial Holding Companies

Encore Bancshares, Inc., Houston, Texas -- election to become a financial holding company.
-Effective, July 21, 2008

International Operations

Citibank, N.A., Las Vegas, Nevada, and Citibank Overseas Investment Corporation, New Castle, Delaware -- waiver of remainder of notification period to make an additional investment in Camara de Riesgo Central de Contraparte S.A., Bogota, Colombia.
-Granted, July 18, 2008 (AC)

Citibank, N.A., Las Vegas, Nevada, and Citibank Overseas Investment Corporation, New Castle, Delaware -- waiver of remainder of notification period to make an investment in Citibank Leasing S.A.-Arrendamento Mercantil, Sao Paulo, Brazil.
-Granted, July 3, 2008 (AC)

Citibank, N.A., Las Vegas, Nevada, and Citibank Overseas Investment Corporation, New Castle, Delaware -- waiver of remainder of notification period to make additional investments in STI ANBID, Sao Paulo, Brazil.
-Granted, June 27, 2008 (AC)

Citibank, N.A., Las Vegas, Nevada, and Citibank Overseas Investment Corporation, New Castle, Delaware -- waiver of remainder of notification period to make additional investments in Citibank Costa Rica S.A., San Jose, Costa Rica.
-Granted, June 27, 2008 (AC)

Citigroup Inc., New York, New York, and Citibank Overseas Investment Corporation, New Castle, Delaware -- waiver of remainder of notification period to make additional investments in China UnionPay, Shanghai, People's Republic of China.
-Granted, June 17, 2008 (AC)

Membership

Avon Co-operative Bank, Avon, Massachusetts -- to become a member of the Federal Reserve System.
-Approved, July 23, 2008

Actions under delegated authority

Actions taken during the week ending July 26, 2008

Bank Branches, Domestic