Actions under delegated authority

Actions taken during the week ending April 9, 2011

Bank Branches, Domestic

St. Louis

Arvest Bank, Fayetteville, Arkansas -- to establish a branch at 3184 East Sunshine Street, Springfield, Missouri.
-Approved, April 6, 2011

Secretary

Bank of the West, El Paso, Texas -- to establish a branch at 5604 East Paisano Drive, El Paso.
-Approved, April 7, 2011

Secretary

Five Points Bank, Grand Island, Nebraska -- to operate a mobile branch in Douglas and Sarpy Counties.
-Approved, April 5, 2011

Richmond

Miners Exchange Bank, Coeburn, Virginia -- to establish a branch at 313 Vanover Avenue, N.E., Wise.
-Approved, April 8, 2011

San Francisco

Mission Community Bank, San Luis Obispo, California -- to establish a branch at 3380 South Higuera Street, San Luis Obispo.
-Approved, April 8, 2011

Bank Holding Companies

Kansas City

Citizens National Corporation, Wisner, Nebraska -- to acquire First National Bank of Friend, Friend, and for Citizens National's subsidiary bank, Citizens State Bank, Wisner, to merge with First National Bank of Friend and thereby establish a branch.
-Approved, April 4, 2011

Banks, Nonmember, and Miscellaneous Institutions

New York

CLS Bank International, New York, New York -- to amend its articles of association to increase capital stock.
-Approved, April 4, 2011

Change in Bank Control

Minneapolis

Inter-Mountain Bancorp, Inc., Bozeman, Montana -- to retain control of Inter-Mountain and its subsidiary bank, First Security Bank, Bozeman.
-Permitted, April 6, 2011

Cleveland

Nextier Incorporated, Butler, Pennsylvania -- change in bank control of Nextier and its subsidiary bank, Nextier Bank, N.A., Butler.
-Permitted, April 5, 2011

Kansas City

Shelton Enterprises, Inc., Shelton, Nebraska -- change in bank control of Shelton Enterprises and its subsidiary bank, First State Bank of Shelton, Shelton.
-Permitted, April 8, 2011

Extensions of Time

Secretary

Comerica Incorporated, Dallas, Texas -- commenter's request to extend the comment period on the application to acquire Sterling Bancshares, Inc., Houston.
-Denied, April 8, 2011

International Operations

Director, BS&R

Citigroup Inc., New York, New York -- request for extension to retain certain properties.
-Granted, April 4, 2011

Director, BS&R

Silicon Valley Bank, Santa Clara, California -- waiver of prior-notice period to make an investment in Pudong Development Silicon Valley Bank, Shanghai, People's Republic of China.
-Granted, April 4, 2011

Regulations and Policies

FOMC

Federal Open Market Committee -- minutes of the meeting on March 15, 2011.
-Published, April 5, 2011