Actions under delegated authority

Actions taken during the week ending October 30, 2010

Bank Holding Companies

Chicago

Fentura Financial, Inc., Fenton, Michigan -- to establish a subsidiary, Fentura Holdings, L.L.C., Fenton, and thereby engage in extending credit and servicing loans.
-Approved, October 27, 2010

New York

New York Private Bank & Trust Corporation, New York, New York, and Emigrant Bancorp, Inc. -- to convert New York Private Bank & Trust, FSB, Wilmington, Delaware, a federal savings bank subsidiary, to New York Private Trust Company, a trust company, and thereby engage in trust company functions.
-Approved, October 29, 2010

Kansas City

Raton Capital Corporation, Raton, New Mexico -- to continue to engage in lending activities.
-Approved, October 27, 2010

Philadelphia

WSFS Financial Corporation, Wilmington, Delaware -- waiver of application to acquire Christiana Bank & Trust Company, Wilmington, in connection with its merger with and into WSFS's subsidiary thrift, Wilmington Savings Fund Society, FSB.
-Granted, October 28, 2010

Bank Mergers

St. Louis

Arvest Bank, Fayetteville, Arkansas -- to purchase certain assets and assume certain liabilities of the Lee's Summit, Missouri, branch of Community First Bank, Butler, and to retain the acquired facility as a branch.
-Approved, October 27, 2010

Banks, Foreign

New York

Bank of Baroda, Mumbai, India -- to establish a branch in Houston, Texas.
-Withdrawn, October 29, 2010

Change in Bank Control

Philadelphia

Drexel Morgan & Co., Radnor, Pennsylvania -- change in bank control of Drexel Morgan and its subsidiary bank, The Haverford Trust Company, Radnor.
-Permitted, October 26, 2010

Extensions of Time

Chicago

Prairieland Bancorp Employee Stock Ownership Plan and Trust, Bushnell, Illinois -- extension to January 8, 2011, to increase its ownership of Prairieland Bancorp, Inc., Bushnell, and thereby indirectly increase its ownership of Farmers and Merchants State Bank of Bushnell.
-Granted, October 28, 2010

International Operations

Director, BS&R

Citigroup Inc., New York, New York -- to retain temporarily its interest in certain property held by a subsidiary.
-Granted, October 26, 2010

Membership

St. Louis

Piggott State Bank, Piggott, Arkansas -- to become a member of the Federal Reserve System.
-Approved, October 29, 2010