Board Actions

Actions taken during the week ending May 17, 2014

Bank Holding Companies

Cullen/Frost Bankers, Inc., San Antonio, Texas -- to acquire WNB Bancshares, Inc., Odessa, and thereby acquire Western National Bank, Odessa; and for Cullen/Frost's subsidiary, Frost Bank, San Antonio, to merge with Western National Bank and thereby establish branches.
-Approved, May 13, 2014

Mercantile Bank Corporation, Grand Rapids, Michigan -- commenter's request for reconsideration of Board approval of Mercantile Bank Corporation's application to acquire Firstbank Corporation, Alma.
-Denied, May 16, 2014

Monetary and Financial Policy

Term Deposit Facility -- fixed-rate offering of seven-day term deposits with a maximum tender amount of $3 billion on May 19, 2014.
-Announced, May 15, 2014

Enforcement

Bank of Gueydan, Gueydan, Louisiana -- issuance of a consent order of assessment of a civil money penalty.
-Announced, May 13, 2014

Central Federal Corporation, Fairlawn, Ohio -- cease and desist order, issued by the Office of Thrift Supervision, dated May 25, 2011, terminated May 9, 2014.
-Announced, May 15, 2014

Credit Suisse AG, Zurich, Switzerland -- issuance of a consent cease and desist order and assessment of a civil money penalty.
-Approved, May 15, 2014

First National Community Bancorp, Dunmore, Pennsylvania -- dismissal of an enforcement action against Louis A. DeNaples, an institution-affiliated party.
-Approved, May 17, 2014