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 August 29, 2015


Bank Branches, Domestic

Chicago
1st Source Bank, South Bend, Indiana -- to establish a branch at 2005 LaPorte Avenue, Valparaiso, as a result of consolidation of two Valparaiso branches.
-Approved, August 26, 2015

Secretary
Banco Popular North America, New York, New York -- to establish a branch at 1230 Fulton Street, Brooklyn.
-Approved, August 26, 2015

Atlanta
The Brand Banking Company, Lawrenceville, Georgia -- to establish a branch at 485 Dacula Road, Dacula.
-Withdrawn, August 24, 2015

Dallas
Ciera Bank, Graham, Texas -- to establish a temporary branch at 1120 Summit Avenue, Fort Worth.
-Approved, August 27, 2015

Bank Holding Companies

Boston
Boston Private Financial Holdings, Inc., Boston, Massachusetts -- to acquire an additional ownership interest in its subsidiary, Anchor Capital Advisors, LLC, Boston.
-Approved, August 27, 2015

General Counsel
GN Bankshares, Inc., Girard, Kansas -- waiver of application to acquire University National Bancshares, Inc., Pittsburg, in connection with the merger of their subsidiaries, University Bank with and into The Girard National Bank, Girard.
-Granted, August 26, 2015

Chicago
Heartland Financial USA, Inc., Dubuque, Iowa -- to acquire Premier Valley Bank, Fresno, California.
-Approved, August 28, 2015

Boston
South Shore Mutual Holding Company, Weymouth, Massachusetts -- to acquire Satuit MHC, Scituate, and its subsidiary, Scituate Federal Savings Bank.
-Approved, August 28, 2015

Banks, Foreign

General Counsel
Korea Exchange Bank (KEB), Seoul, Republic of Korea -- to proceed with its proposed merger with its affiliate, Hana Bank, Seoul, and retain the agency in New York, New York, currently operated by Hana, prior to Board action on KEB's application to establish an agency in the United States.
-Approved, August 27, 2015

Change in Bank Control

Dallas
Emory Bancshares, Inc., Emory, Texas -- to retain control of Emory Bancshares, Inc. and its subsidiary, The First National Bank of Emory, Emory.
-Permitted, August 27, 2015

Dallas
Giddings Bancshares, Inc., Giddings, Texas -- change in bank control of Giddings Bancshares, Inc. and its subsidiary, First National Bank of Giddings, Giddings.
-Permitted, August 28, 2015

Minneapolis
West Concord Bancshares, Inc., West Concord, Minnesota -- to retain control of West Concord Bancshares, Inc. and its subsidiary, Farmers State Bank of West Concord, West Concord.
-Permitted, August 26, 2015

Extensions of Time

Minneapolis
Beartooth Financial Corporation, Billings, Montana -- extension to December 5, 2015, to become a bank holding company by acquiring Beartooth Bank, Billings.
-Granted, August 25, 2015

St. Louis
M&P Community Bancshares, Inc. 401(k) Employee Stock Ownership Plan, Newport, Arkansas -- extension to December 11, 2015, to acquire additional shares of M&P Community Bancshares, Inc., Newport.
-Granted, August 26, 2015

Membership

Dallas
Lea County State Bank, Hobbs, New Mexico -- to become a member of the Federal Reserve System.
-Approved, August 28, 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