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 March 31, 2007


Bank Branches, Domestic

Atlanta
BankEast, Knoxville, Tennessee  -- to establish a branch at 10626 Hardin Valley Road.
-Approved, March 29, 2007 

Atlanta
BankEast, Knoxville, Tennessee  -- to establish a branch at 7971 East Lamar Alexander Parkway, Townsend.
-Approved, March 30, 2007 

Minneapolis
Community Bank-Missoula, Inc., Missoula, Montana  -- to establish a branch at 3200 Brooks Street.
-Approved, March 30, 2007 

Atlanta
Cumberland Bank, Franklin, Tennessee  -- to establish branches at 1470 South Church Street, Murfreesboro, and 9200 Carothers Parkway, Franklin.
-Withdrawn, March 28, 2007 

Secretary
East West Bank, Pasadena, California  -- to establish an in-store branch at 2959 Chino Avenue, Chino Hills.
-Approved, March 30, 2007 

Cleveland
Fifth Third Bank, Grand Rapids, Michigan  -- to establish a branch at 16509 Fish Hawk Boulevard, Tampa, Florida.
-Approved, March 28, 2007 

Cleveland
Fifth Third Bank, Grand Rapids, Michigan  -- to establish a branch at 1495 North Rock Springs Road, Apopka, Florida.
-Approved, March 28, 2007 

Richmond
Monarch Bank, Chesapeake, Virginia  -- to establish a branch known as OBX Bank at 3708 Croatan Highway North, Unit 1, Kitty Hawk, North Carolina.
-Approved, March 28, 2007 

Secretary
Presidio Bank, San Francisco, California  -- to establish a branch at 703 2nd Street, Santa Rosa.
-Approved, March 27, 2007 

Richmond
RBC Centura Bank, Raleigh, North Carolina  -- to establish a branch at 169 Dauphin Street, Suite 319, Mobile, Alabama.
-Approved, March 28, 2007 

Atlanta
Sterling Bank, Lantana, Florida  -- to establish a branch at 600 North Federal Highway, Boca Raton.
-Approved, March 29, 2007 

Bank Holding Companies

New York
Amboy Bancorporation Employee Stock Ownership Plan, Old Bridge, New Jersey  -- to become a bank holding company and to acquire up to 26 percent of the shares of Amboy Bancorporation.
-Approved, March 28, 2007 

Atlanta
American United Bancorp, Inc., Lawrenceville, Georgia  -- to become a bank holding company and to acquire American United Bank.
-Approved, March 29, 2007 

Boston
Assabet Valley Bancorp, Hudson, Massachusetts  -- to acquire Westborough Bancorp, MHC, Westborough, Westborough Financial Services, Inc., and The Westborough Bank.
-Approved, March 27, 2007 

Chicago
Associated Banc-Corp, Green Bay, Wisconsin  -- to acquire First National Bank of Hudson, Woodbury, Minnesota.
-Approved, March 30, 2007 

Cleveland
The Bank of Kentucky Financial Corporation, Crestview Hills, Kentucky  -- waiver of application to acquire and merge with FNB Corporation, Inc., Fort Mitchell.
-Granted, March 26, 2007 

Atlanta
Calusa Financial Corporation, Inc., Punta Gorda, Florida  -- to become a bank holding company and to acquire Calusa National Bank, a de novo bank.
-Approved, March 29, 2007 

Richmond
Capital One Financial Corporation, McLean, Virginia  -- waiver of application for Capital One, F.S.B. to convert to a national bank in connection with its merger with Capital One, National Association, New Orleans, Louisiana, as part of an internal reorganization.
-Withdrawn, March 26, 2007 

Chicago
Community State Bank Employee Stock Ownership Plan and Trust, Union Grove, Wisconsin  -- to increase its ownership to 35.52 percent of the shares of Union Bancorporation, Inc. and thereby increase its indirect ownership of Community State Bank.
-Approved, March 28, 2007 

Director, BS&R
Credit Suisse Group, Zurich, Switzerland, and Credit Suisse  -- to engage on a limited basis in physical commodity trading activities.
-Approved, March 27, 2007 

Kansas City
Farmers and Drovers Financial Corp, Council Grove, Kansas  -- to become a bank holding company and to acquire Farmers and Drovers Bank.
-Approved, March 29, 2007 

Atlanta
First Guaranty Bancshares, Inc., Hammond, Louisiana  -- to become a bank holding company and to acquire First Guaranty Bank.
-Withdrawn, March 27, 2007 

Cleveland
Gillmor Financial Services, Inc., Old Fort, Ohio  -- to acquire 4.99 percent of the shares of Panther Community Bank, N.A., Lehigh Acres, Florida.
-Withdrawn, March 26, 2007 

Atlanta
Greene County Bancshares, Inc., Greeneville, Tennessee  -- to acquire Civitas Management Company, Inc., Franklin, and thereby engage in making, acquiring, brokering, or servicing loans or other extensions of credit.
-Approved, March 29, 2007 

Minneapolis
John T. Vucurevich Foundation, Rapid City, South Dakota  -- to become a bank holding company and to retain control of United Bancorporation, Osseo, Wisconsin, and Midwest Bancorporation.
-Approved, March 30, 2007 

Kansas City
Kansas Pacific Investments, LLC, Hays, Kansas  -- to become a bank holding company and to acquire First National Bank.
-Approved, March 27, 2007 

Secretary
M&I Marshall & Ilsley Bank, Milwaukee, Wisconsin  -- waiver of application in connection with Marshall & Ilsley Corporation's divestiture of shares of United Heritage Bank, Longwood, Florida, to an unaffiliated bank holding company, Fidelity Southern Corporation, Atlanta, Georgia.
-Granted, March 29, 2007 

Minneapolis
Otto Bremer Foundation, St. Paul, Minnesota, and Bremer Financial Corporation  -- to acquire, through Bremer Insurance Agencies, Inc., certain assets of Buchmeier Agency, Inc., and thereby engage in insurance agency activities.
-Approved, March 26, 2007 

Kansas City
Pinnacle Bancorp, Inc., Central City, Nebraska  -- to acquire Farmers and Merchants Bank, Imperial.
-Approved, March 28, 2007 

Minneapolis
Trinity Investments, Inc., Fargo, North Dakota  -- to become a bank holding company and to acquire Bank of Glen Ullin, Glen Ullin.
-Approved, March 29, 2007 

Bank Mergers

Chicago
Isabella Bank and Trust, Mount Pleasant, Michigan  -- to merge with FSB Bank, Breckenridge, and thereby establish five branches.
-Approved, March 28, 2007 

Change In Bank Control

Kansas City
Antelope Bancshares, Inc., Elgin, Nebraska  -- change in bank control.
-Permitted, March 28, 2007 

Kansas City
Cunningham Agency, Inc., Mound City, Kansas  -- to retain control of Cunningham Agency, Inc.
-Permitted, March 29, 2007 

Atlanta
First Heritage Corporation, Carthage, Mississippi  -- change in bank control.
-Permitted, March 29, 2007 

Dallas
Gulfport Bancshares of Delaware, Inc., Richwood, Texas  -- change in bank control.
-Permitted, March 29, 2007 

Kansas City
Hillcrest Bancshares, Inc., Overland Park, Kansas  -- to retain control of Hillcrest Bancshares, Inc.
-Permitted, March 28, 2007 

Minneapolis
McVille Financial Services, Inc., McVille, North Dakota  -- change in bank control.
-Permitted, March 30, 2007 

Extensions Of Time

Kansas City
Colorado Community Bank, Yuma, Colorado  -- extension to July 7, 2007, to establish a branch at 4625 Trail Boss Drive, Castle Rock.
-Granted, March 28, 2007 

Philadelphia
Conestoga Bancorp, Inc., Chester Springs, Pennsylvania  -- extension to June 1, 2007, to acquire PSB Bancorp, Inc., Philadelphia, in connection with the merger of Conestoga Bank, Chester Springs, with First Penn Bank, Philadelphia.
-Granted, March 28, 2007 

Minneapolis
Dacotah Bank, Aberdeen, South Dakota  -- extension to June 30, 2007, to establish a branch at 1231 East 57th Street, Sioux Falls.
-Granted, March 26, 2007 

Kansas City
International Brotherhood of Boilermakers, Iron Ship Builders, Blacksmiths, Forgers and Helpers, Kansas City, Kansas  -- extension to March 28, 2008, to acquire up to 47.5 percent of the shares of Brotherhood Bancshares, Inc.
-Granted, March 27, 2007 

Richmond
Virginia Community Bank, Louisa, Virginia  -- extension to April 14, 2007, to establish a branch at U.S. Routes 15 and 250, Zion Crossroads.
-Granted, March 28, 2007 

Financial Holding Companies

Atlanta
First Cherokee Bancshares, Inc., Woodstock, Georgia  -- election to become a financial holding company.
-Effective, March 27, 2007 

International Operations

Director, BS&R
J.P. Morgan International Finance Limited, Newark, Delaware  -- waiver of remainder of notification period to make an investment.
-Granted, March 30, 2007 

Director, BS&R
State Street Bank and Trust Company, Boston, Massachusetts, State Street International Holdings, and CitiStreet International, LLC, Quincy, Massachusetts  -- to engage in the activity of mutual fund administration.
-Approved, March 30, 2007 


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