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 20, 2015


Bank Branches, Domestic

St. Louis
Arvest Bank, Fayetteville, Arkansas -- to establish a branch at 2105 Malvern Avenue, Hot Springs.
-Approved, June 17, 2015

St. Louis
The Citizens Bank, Batesville, Arkansas -- to establish a branch at 1676 East Joyce Boulevard, Fayetteville.
-Approved, June 15, 2015

Boston
Needham Bank, Needham, Massachusetts -- to establish a branch at 17 West Central Street, Natick.
-Approved, June 15, 2015

Bank Holding Companies

Richmond
BNC Bancorp, High Point, North Carolina -- to acquire Valley Financial Corporation, Roanoke, Virginia, and thereby acquire Valley Bank.
-Approved, June 15, 2015

Kansas City
Burlington Holdings, Inc., Burlington, Colorado -- to become a bank holding company by acquiring Burlington Bancshares, Inc., Burlington, and Bank of Burlington.
-Withdrawn, June 18, 2015

Kansas City
Commerce Bancorp, Inc., Duncan, Oklahoma -- to acquire Anadarko Bank and Trust Company, Anadarko.
-Approved, June 15, 2015

Minneapolis
Northeast Securities Corporation, Minneapolis, Minnesota -- to engage in lending activities.
-Approved, June 15, 2015

Atlanta
United Community Banks, Inc., Blairsville, Georgia -- to merge with Palmetto Bancshares, Inc., Greenville, South Carolina, and thereby acquire The Palmetto Bank.
-Approved, June 19, 2015

Bank Mergers

San Francisco
Heritage Bank of Commerce, San Jose, California -- to acquire Focus Business Bank, San Jose.
-Approved, June 19, 2015

Chicago
Hinsdale Bank & Trust Company, Hinsdale, Illinois -- to merge with Suburban Bank & Trust Company, Elmhurst, and thereby establish branches.
-Approved, June 19, 2015

Chicago
Wheaton Bank & Trust Company, Wheaton, Illinois -- to purchase the assets and assume the liabilities of the Wheaton branch of Hinsdale Bank & Trust Company, Hinsdale, and thereby establish a branch.
-Approved, June 19, 2015

Bank Premises

New York
Orange County Trust Company, Middletown, New York -- to increase its investment in bank premises.
-Approved, June 19, 2015

Change in Bank Control

Atlanta
Citizens Southern Bancshares, Inc., Vernon, Alabama -- change in bank control of Citizens Southern Bancshares, Inc. and its subsidiary, Citizens State Bank, Vernon.
-Permitted, June 19, 2015

Atlanta
Touchmark Bancshares, Inc., Alpharetta, Georgia -- change in bank control of Touchmark Bancshares, Inc. and its subsidiary, Touchmark National Bank, Alpharetta.
-Withdrawn, June 18, 2015

Kansas City
West Point Bancorp, Inc., West Point, Nebraska -- change in bank control of West Point Bancorp, Inc. and its subsidiaries, F & M Bank, West Point, and Town & Country Bank, Las Vegas, Nevada.
-Permitted, June 19, 2015

Extensions of Time

New York
CRB Group, Inc., Teaneck, New Jersey -- extension to July 31, 2015, to become a bank holding company by acquiring Cross River Bank, Teaneck.
-Granted, June 16, 2015

Reserve Bank Operations

Director, RBOPS
Federal Reserve Bank of New York -- request to use a hybrid cost-recovery approach for fiscal agency services provided to international organizations.
-Approved, June 17, 2015

Savings and Loan Holding Companies

Cleveland
First Federal Savings and Loan Association of Lakewood, Lakewood, Ohio -- to reorganize into a mutual holding company structure through the formation of First Mutual Holding Company, Lakewood, and the conversion of First Federal Savings and Loan Association to a subsidiary stock savings association.
-Approved, June 17, 2015

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