Actions under delegated authority

Actions taken during the week ending November 21, 2015

Bank Branches, Domestic

St. Louis

Arvest Bank, Fayetteville, Arkansas -- to establish a branch at 505 Northview Road, Nixa, Missouri.
-Approved, November 10, 2015
(A/C)

Bank Holding Companies

San Francisco

Community 1st Bancorp, Auburn, California -- to become a bank holding company by acquiring Community 1st Bank, Auburn.
-Approved, November 20, 2015

Chicago

FFW Corporation, Wabash, Indiana -- to become a bank holding company following the conversion of its subsidiary, Crossroads Bank, Wabash, from a federal savings bank to a state-chartered commercial bank.
-Approved, November 16, 2015

Chicago

First Merchants Corporation, Muncie, Indiana -- to acquire via merger Ameriana Bancorp, New Castle, and thereby indirectly acquire Ameriana Bank.
-Approved, November 19, 2015

Atlanta

Jefferson Bankshares, Inc., Oldsmar, Florida -- commitment relief request.
-Granted, November 18, 2015

Minneapolis

Liberty Financial Services of St. Cloud, Inc., Saint Cloud, Minnesota -- (1) to become a bank holding company on the conversion of its subsidiary, Liberty Savings Bank, FSB, Saint Cloud, from a federal savings bank to a state-chartered bank (to be known as Liberty Bank Minnesota); (2) election to become a financial holding company; and (3) for Liberty Savings Bank to become a member of the Federal Reserve System.
-Approved, November 17, 2015

Bank Mergers

San Francisco

Oak Valley Community Bank, Oakdale, California -- to merge with Mother Lode Bank, Sonora, and thereby acquire branches.
-Approved, November 19, 2015

Banks, State Member

Director, BS&R

TransPecos Banks, Pecos, Texas -- to retain certain public welfare investments.
-Approved, November 16, 2015

Change in Bank Control

Kansas City

CB Bancshares Corp, Weir, Kansas -- change in bank control of CB Bancshares Corp and its subsidiary, CBW Bank, Weir.
-Permitted, November 20, 2015

Kansas City

Community State Bancshares, Inc., Wichita, Kansas -- change in bank control of Community State Bancshares and its subsidiary, Community Bank of Wichita, Inc., Wichita.
-Permitted, November 20, 2015

Cleveland

First National Financial Corporation, Manchester, Kentucky -- change in bank control of First National Financial Corporation and its subsidiary, The First National Bank of Manchester, Manchester.
-Permitted, November 16, 2015

Minneapolis

Goose River Holding Company, Mayville, North Dakota -- change in bank control of Goose River Holding Company and its subsidiary, The Goose River Bank, Mayville.
-Permitted, November 16, 2015

St. Louis

SBW Bancshares, Inc., Waterloo, Illinois -- to retain control of SBW Bancshares and its subsidiary, State Bank of Waterloo, Waterloo.
-Returned, November 17, 2015

St. Louis

Smith Associated Banking Corporation, Hot Springs, Arkansas -- change in bank control of Smith Associated Banking Corporation, Hot Springs, and it subsidiaries, Security Bank, Stephens, and Bank of Salem, Salem.
-Permitted, November 17, 2015

Kansas City

Tri-County Financial Corporation, Wellington, Kansas -- to retain control of Tri-County Financial Corporation and its subsidiary, Bank of Commerce, Wellington.
-Permitted, November 17, 2015

Extensions of Time

Chicago

CB Edinburg Holdings, Inc., Edinburg, Illinois -- extension to February 18, 2016, to become a bank holding company by acquiring Citizens Bank of Edinburg, Edinburg.
-Granted, November 18, 2015

Financial Holding Companies

Chicago

FFW Corporation, Wabash, Indiana -- election to become a financial holding company.
-Effective, November 16, 2015

Reserve Bank Operations

Director, RBOPS

Federal Reserve Bank of Chicago -- request to spend funds to complete the Reserve Bank's vaulted sidewalk project.
-Approved, November 20, 2015