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 June 25, 2011


Bank Branches, Domestic

New York
Adirondack Bank, Utica, New York -- to establish branches at 1 Main Street, Richfield Springs, and 808 Main Street, Sylvan Beach.
-Withdrawn, June 23, 2011

Cleveland
Fifth Third Bank Cincinnati, Ohio -- to establish branches at 2206 E. Fowler Avenue, Tampa, Florida; 133 Peachtree Street NW, Atlanta, Georgia; 590 Cascade Avenue SW; 11850 Marshfield Avenue, Chicago, Illinois; 921 Olive Street, St. Louis, Missouri; 5612 Kingston Pike, Knoxville, Tennessee; 601 Gallatin Pike North, Madison; and 5621 Charlotte Pike, Nashville (eight applications).
-Approved, June 23, 2011

Cleveland
Fifth Third Bank, Cincinnati, Ohio -- to establish a branch at 120 E. Palmetto Park Road, Suite 150, Boca Raton, Florida.
-Approved, June 21, 2011

Bank Holding Companies

Dallas
MTA Bancshares, Inc., Seagoville, Texas -- to become a bank holding company and to acquire HomeBank@, Seagoville.
-Approved, June 24, 2011

San Francisco
Opus Bank, Redondo Beach, California -- waiver of application for Opus Acquisition, Inc. to merge with Cascade Financial Corporation, Everett, Washington, in connection with the merger of Opus Bank and Cascade's subsidiary bank, Cascade Banks, Everett.
-Granted, June 23, 2011

San Francisco
RBB Bancorp, Los Angeles, California -- waiver of application to acquire First Asian Bank, Las Vegas, Nevada, in connection with the merger of First Asian and RBB's subsidiary bank, Royal Business Bank, Los Angeles.
-Granted, June 24, 2011

Change in Bank Control

Minneapolis
215 Holding Co., Minneapolis, Minnesota -- to retain control of 215 Holding and its subsidiary banks, First Farmers & Merchants National Bank, Luverne; First Farmers & Merchants National Bank, Fairmont; First Farmers & Merchants State Bank, Brownsdale; First Farmers & Merchants State Bank of Grand Meadow, Grand Meadow; First Farmers & Merchants National Bank, Le Sueur; and White Rock Bank, Cannon Falls.
-Permitted, June 22, 2011

Dallas
Chalybeate Springs Corporation, Hughes Springs, Texas -- to retain control of Chalybeate Springs and its subsidiary bank, The First National Bank of Hughes Springs, Hughes Springs.
-Permitted, June 24, 2011

Cleveland
NexTier Incorporated, Butler, Pennsylvania -- change in bank control of NexTier and its subsidiary bank, NexTier Bank, N.A., Butler.
-Permitted, June 21, 2011

Extensions of Time

Richmond
American National Bankshares Inc., Danville, Virginia -- extension to September 21, 2011, to acquire MidCarolina Financial Corporation, Burlington, North Carolina, and thereby indirectly acquire MidCarolina Bank.
-Granted, June 20, 2011

Richmond
CapGen Capital Group V LLC, New York, New York, and CapGen Capital Group V LP -- extension to September 22, 2011, to become bank holding companies and to acquire shares of Palmetto Bancshares, Inc., Greenville, South Carolina, and indirectly acquire The Palmetto Bank.
-Granted, June 22, 2011

Membership

San Francisco
California Republic Bank, Newport Beach, California -- to become a member of the Federal Reserve System.
-Approved, June 22, 2011

Kansas City
Commerce Bank, National Association, Kansas City, Missouri -- to retain membership in the Federal Reserve System on conversion from a national to a state charter.
-Approved, June 23, 2011

Kansas City
Cornhusker Bank, Lincoln, Nebraska -- to become a member of the Federal Reserve System.
-Approved, June 23, 2011

Kansas City
Farmers Bank of Northern Missouri, National Association, Unionville, Missouri -- to retain membership in the Federal Reserve System on conversion from a national to a  state charter.
-Approved, June 23, 2011

St. Louis
Peoples Bank, Sheridan, Arkansas -- to become a member of the Federal Reserve System.
-Approved, June 23, 2011

Regulations and Policies

Secretary
Margin and Capital Requirements for Swaps -- extension to July 11, 2011, of the comment period on interagency proposed rules to establish margin and capital requirements for swap dealers, major swap participants, security-based swap dealers, and major security-based swap participants as required by the Dodd-Frank Act.
-Approved, June 22, 2011

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