Actions under delegated authority

Midland States Bank, Effingham, Illinois -- to establish a branch at 38 West Countryside Parkway, Yorkville.
-Approved, May 30, 2013

Kennedy-Wilson Holdings, Inc., Beverly Hills, California -- relief from certain commitments.
-Granted, May 29, 2013

Progress Financial Corporation, Huntsville, Alabama -- to become a bank holding company by acquiring Progress Bank and Trust, Huntsville.
-Approved, May 23, 2013
(A/C)

Southern Community Bancshares, Inc., Cullman, Alabama -- relief from a commitment.
-Granted, May 28, 2013

Strategic Growth Bank Incorporated, El Paso, Texas, and Strategic Growth Bancorp Incorporated -- to acquire Marsh Associates, Inc., Charlotte, North Carolina, and thereby engage in making, acquiring, brokering or servicing mortgage loans or other extensions of credit; acting as agent for the private placement of securities; and engaging under contract with a third party in asset management, servicing, and collection of assets.
-Approved, May 30, 2013

Traxshares, Inc., Le Center, Minnesota -- to retain control of Traxshares, Inc. and its subsidiary, The First National Bank of Le Center, Le Center.
-Permitted, May 31, 2013

Penns Woods Bancorp, Inc., Williamsport, Pennsylvania -- election to become a financial holding company.
-Effective, May 31, 2013

Federal Reserve Bank of Boston -- to make an additional capital expenditure for the Enterprise Accounting System.
-Approved, March 20, 2013
(A/C)

Federal Reserve Bank of Dallas -- to commit funds for tenant improvements related to leased office space for the San Antonio Branch.
-Approved, March 26, 2013
(A/C)

Federal Reserve Bank of New York -- to make a capital expenditure to fund the Reserve Bank's program supporting the Department of the Treasury's planned issuance of floating rate notes.
-Approved, March 18, 2013
(A/C)

Federal Reserve Bank of San Francisco -- to approve a contractual lease arrangement between the Reserve Bank and Deloitte & Touche LLP.
-Approved, March 18, 2013
(A/C)