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 July 16, 2011


Bank Branches, Domestic

St. Louis
Centennial Bank, Conway, Arkansas -- to establish a branch at 2620 East Race Street, Searcy.
-Approved, July 13, 2011

Dallas
Comerica Bank, Dallas, Texas -- to establish a branch at 411 West Lafayette Boulevard, Detroit, Michigan.
-Approved, July 11, 2011

Richmond
EagleBank, Bethesda, Maryland -- to establish a branch at 12011 Sunset Hills Road, Suite 100, Reston, Virginia.
-Approved, July 13, 2011

Atlanta
First Farmers and Merchants Bank, Columbia, Tennessee -- to establish a branch at 1536 West McEwen Drive, Franklin.
-Approved, July 15, 2011

Chicago
Lake City Bank, Warsaw, Indiana -- to establish a branch at 101 North Michigan Street, South Bend.
-Approved, July 14, 2011

Philadelphia
Luzerne Bank, Luzerne, Pennsylvania -- to establish a branch at 1073 Route 315, Plains Township, and to invest in bank premises.
-Approved, July 11, 2011

Richmond
Middleburg Bank, Middleburg, Virginia -- to establish a branch at 821 East Main Street, Richmond.
-Approved, July 11, 2011

Bank Holding Companies

General Counsel
First Banks, Inc., St. Louis, Missouri -- request for an exemption under the Depository Institution Management Interlocks Act and Regulation L.
-Granted, July 13, 2011

New York
The Goldman Sachs Group, Inc., New York, New York -- to retain shares of Atlantic Capital Bancshares, Inc., Atlanta, Georgia, and Atlantic Capital Bank.
-Approved, July 15, 2011

New York
The Goldman Sachs Group, Inc., New York, New York -- to retain its interest in The First Marblehead Corporation, Boston, Massachusetts, and its subsidiary thrift, Union Federal Savings Bank, North Providence, Rhode Island.
-Approved, July 15, 2011

Atlanta
Savannah River Financial Corporation, Augusta, Georgia -- to become a bank holding company and to acquire Savannah River Banking Company, Aiken, South Carolina, on its conversion to a state-chartered bank.
-Approved, July 14, 2011

New York
Valley National Bancorp, Wayne, New Jersey -- waiver of application to merge with State Bancorp, Inc., New Hyde Park, New York, in connection with the merger of their respective subsidiary banks, Valley National Bank, Passaic, New Jersey, and State Bank of Long Island, New Hyde Park, New York.
-Granted, July 15, 2011

Bank Mergers

Richmond
Xenith Bank, Richmond, Virginia -- to acquire certain assets and assume certain liabilities of the Richmond branch of Paragon Commercial Bank, Raleigh, North Carolina.
-Approved, July 14, 2011

Extensions of Time

Richmond
CapGen Capital Group IV LLC, New York, New York, and CapGen Capital Group IV LP -- extension to October 14, 2011, to become bank holding companies and to acquire shares of Jacksonville Bancorp, Jacksonville, Florida, and indirectly acquire The Jacksonville Bank.
-Granted, July 14, 2011

Kansas City
International Brotherhood of Boilermakers, Iron Ship Builders, Blacksmiths, Forgers and Helpers, Kansas City, Kansas -- extension to July 20, 2012, to acquire shares of Brotherhood Bancshares, Inc., Kansas City, and The Brotherhood Bank & Trust Company.
-Granted, July 13, 2011

Chicago
Minier Financial, Inc. Employee Stock Ownership Plan with 401(k) Provisions, Minier, Illinois -- extension to October 20, 2011, to increase its ownership of Minier Financial, Inc., Minier, and thereby increase its indirect ownership of First Farmers State Bank.
-Granted, July 12, 2011

Boston
Sugar River Bancorp, MHC, Newport, New Hampshire -- extension to September 13, 2011, to become a mutual bank holding company and to acquire Sugar River Bank, Newport.
-Granted, July 14, 2011

International Operations

Director, BS&R
State Street Bank and Trust Company, Boston, Massachusetts -- waiver of remainder of prior-notification period to establish a branch in St. Helier, Jersey, Channel Islands.
-Granted, July 12, 2011

Membership

Chicago
First Federal Iowa Bank, Fort Dodge, Iowa -- to become a member of the Federal Reserve System on conversion from a savings bank, formerly First Federal Savings Bank of Iowa, to a state-chartered bank.
-Approved, July 15, 2011

Boston
South Shore Savings Bank, South Weymouth, Massachusetts -- to become a member of the Federal Reserve System.
-Approved, July 12, 2011

Regulations and Policies

FOMC
Federal Open Market Committee -- minutes of the meeting on June 21-22, 2011.
-Published, July 12, 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