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 November 23, 2013


Bank Branches, Domestic

Kansas City
Farmers State Bank, Wallace, Nebraska -- to establish a branch at 410 Rodeo Road, North Platte.
-Approved, November 21, 2013

Cleveland
Fifth Third Bank, Cincinnati, Ohio -- to establish a branch at 42370 Ann Arbor Road, Plymouth, Michigan.
-Approved, November 20, 2013

Cleveland
The State Bank and Trust Company, Defiance, Ohio -- to establish a branch near the intersection of Shamrock Road and Dublin-Granville Road, Dublin.
-Approved, November 20, 2013

Bank Holding Companies

Minneapolis
Elkton Holding Company, Elkton, South Dakota -- to acquire The First National Bank of Volga, Volga.
-Approved, November 21, 2013

Atlanta
First Vision Financial, Inc., Tullahoma, Tennessee -- to become a bank holding company by acquiring First Vision Bank of Tennessee, Tullahoma.
-Approved, November 18, 2013

Richmond
Live Oak Bancshares, Inc., Wilmington, North Carolina -- to acquire shares of 504 Fund Advisors, LLC, Lisle, Illinois, and thereby engage in investment advisory activities.
-Approved, November 20, 2013

Bank Mergers

Chicago
Iowa State Bank, Hull, Iowa -- to merge with Iowa State Bank, Remsen, and thereby establish a branch.
-Approved, November 22, 2013

Minneapolis
Peoples Bank of Wisconsin, Hayward, Wisconsin -- to merge with Summit Community Bank, Maplewood, Minnesota, and thereby establish a branch.
-Approved, November 22, 2013

Minneapolis
Pioneer Bank, Mapleton, Minnesota -- to merge with Farmers State Bank of Madelia, Inc., Madelia, and thereby establish branches.
-Approved, November 18, 2013

Banks, Foreign

Director, BS&R
Banco BPI, S.A., Porto, Portugal -- to establish representative offices in Newark, New Jersey, and New Bedford, Massachusetts (FRB Order No. 2013-9).
-Approved, November 18, 2013

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, November 22, 2013

Banks, State Member

San Francisco
Farmers and Merchants Bank of Long Beach, Long Beach, California -- to make a public welfare investment.
-Approved, November 21, 2013

Change in Bank Control

Kansas City
Clark Bancshares, Inc., Clarks, Nebraska -- to retain control of Clark Bancshares and its subsidiary, Bank of Clarks, Clarks.
-Permitted, November 20, 2013

Kansas City
Isham Management Company, Gordon, Nebraska -- to retain control of Isham Management Company and its subsidiary, The First National Bank of Gordon, Gordon.
-Permitted, November 22, 2013

Minneapolis
Jorgenson Holding Company, Kenmare, North Dakota -- to retain control of Jorgenson Holding Company and its subsidiaries, State Bank & Trust of Kenmare, Kenmare, and The Citizens State Bank at Mohall, Mohall.
-Permitted, November 22, 2013

Minneapolis
Jorgenson Williston Holding Company, Kenmare, North Dakota -- to retain control of Jorgenson Williston Holding Company and its subsidiary, First National Bank & Trust Company of Williston, Williston.
-Permitted, November 22, 2013

Extensions of Time

St. Louis
Cabool State Bank Employee Stock Ownership Plan, Cabool, Missouri -- extension to February 22, 2014, to acquire shares of Cabool Bancshares, Inc., Cabool, and thereby increase its indirect control of Cabool State Bank.
-Granted, November 21, 2013

Secretary
Umpqua Holdings Corporation, Portland, Oregon -- commenter's request to extend the comment period on the application to merge with Sterling Financial Corporation, Spokane, Washington, and thereby acquire Sterling Savings Bank.
-Denied, November 19, 2013

Membership

St. Louis
The Bank of Advance, Advance, Missouri -- to become a member of the Federal Reserve System.
-Approved, November 20, 2013

St. Louis
Bank of Cadiz and Trust Company, Cadiz, Kentucky -- to become a member of the Federal Reserve System.
-Approved, November 21, 2013

Dallas
First National Bank in Graham, Graham, Texas -- to retain membership in the Federal Reserve System on conversion from a national to a state charter.
-Approved, November 22, 2013

Dallas
Liberty Bank, Hurst, Texas -- to become a member of the Federal Reserve System.
-Approved, November 20, 2013

New York
Metropolitan National Bank, New York, New York -- to retain membership in the Federal Reserve System on conversion from a national to a state charter.
-Approved, November 20, 2013

Savings and Loan Holding Companies

Richmond
Independence Federal Savings Bank, Washington, D.C. -- waiver of application to acquire Colombo Bancshares, Inc., Rockville, Maryland, and Colombo Bank, in connection with Colombo Bank's merger into Independence Bank.
-Granted, November 22, 2013

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