FRB: H.2--Actions under delegated authority--Week ending March 3, 2012

Country Club Bank, Kansas City, Missouri -- to establish a branch at One Ward Parkway, Kansas City, and to increase its investment in bank premises.
-Approved, February 29, 2012

The Northern Trust Company, Chicago, Illinois -- to establish a branch at 911 South Telegraph Road, Lake Forest.
-Approved, February 29, 2012

PlainsCapital Bank, Dallas, Texas -- to establish a branch at 6100 Colleyville Boulevard, Suite 170, Colleyville.
-Withdrawn, February 27, 2012

Arrow Financial Corporation, Glens Falls, New York -- to engage de novo in community welfare activities through Green Mountain Housing Equity Fund V, L.P., Burlington, Vermont.
-Approved, March 1, 2012

MinnDak Bancshares, Inc., Park Rapids, Minnesota -- to become a bank holding company and to acquire Kent Bancshares, Inc., Kent, and thereby indirectly acquire Kent State Bank.
-Approved, February 28, 2012

New West Banks of Colorado, Inc. Employee Stock Ownership Plan Trust, Greeley, Colorado -- to become a bank holding company and to acquire shares of New West Banks of Colorado, Inc., Greeley, and New West Bank.
-Approved, February 27, 2012

Sandy Spring Bancorp, Inc., Olney, Maryland, and Sandy Spring Bank -- for Sandy Spring Bancorp to acquire CommerceFirst Bancorp, Inc., Annapolis, and for Sandy Spring Bank, Olney, to merge with CommerceFirst Bank, Annapolis, and thereby establish branches at the site of CommerceFirst Bank's current branches.
-Approved, February 29, 2012

State Bankshares, Inc., Fargo, North Dakota -- to acquire First Hawley Bancshares, Inc., Hawley, Minnesota, and thereby indirectly acquire First National Bank.
-Approved, February 28, 2012

The Farmers and Mechanics Bank, Galesburg, Illinois -- to purchase certain assets and assume certain liabilities of two Galesburg branches of Associated Bank, N.A., Green Bay, Wisconsin, and thereby establish a branch at 1865 Henderson Street, Galesburg, Illinois.
-Approved, February 27, 2012

Shattuck Bancshares, Inc., Shattuck, Oklahoma -- change in bank control of Shattuck and its subsidiary bank, The Shattuck National Bank, Shattuck.
-Permitted, March 2, 2012

Commerce Union Bancshares, Inc., Springfield, Tennessee -- extension to June 7, 2012, to become a bank holding company and to acquire Commerce Union Bank, Springfield.
-Granted, February 29, 2012

Ameriprise Financial, Inc., Minneapolis, Minnesota -- election to be treated as a financial holding company.
-Effective, February 27, 2012

Modern Woodmen of America, Rock Island, Illinois -- election to be treated as a financial holding company.
-Effective, February 28, 2012

Arkansas County Bank, De Witt, Arkansas -- to become a member of the Federal Reserve System.
-Approved, March 1, 2012

Regulation YY (Enhanced Prudential Standards and Early Remediation Requirements for Covered Companies) -- extension of the comment period to April 30, 2012, on the proposed rule to implement the enhanced prudential standards and early remediation requirements in the Dodd-Frank Act.
-Approved, March 2, 2012

Beneficial Savings Bank, MHC, Philadelphia, Pennsylvania -- to acquire SE Financial Corp., Philadelphia.
-Approved, February 27, 2012

Northeast Community Bancorp, MHC, White Plains, New York -- to establish, through Northeast Community Bank, an operating subsidiary, Northeast Insurance Agency, LLC, White Plains.
-Approved, February 28, 2012

Actions under delegated authority

Actions taken during the week ending March 3, 2012

Bank Branches, Domestic

Bank Holding Companies

Bank Mergers

Change in Bank Control

Extensions of Time

Financial Holding Companies

Membership

Regulations and Policies

Savings and Loan Holding Companies