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 27, 2016


Bank Branches, Domestic

Richmond
Bank of the James, Lynchburg, Virginia -- to establish a branch at 180 Old Courthouse Road, Appomattox.
-Approved, August 26, 2016

Boston
Bank Rhode Island, Providence, Rhode Island -- to establish a branch at 132 East Main Road, Middletown.
-Approved, August 25, 2016

Secretary
SunTrust Bank, Atlanta, Georgia -- to establish branches at 157 Ritchie Highway, Severna Park, Maryland, and 2591 Blackmon Drive, Decatur, Georgia.
-Approved, August 25, 2016

Bank Holding Companies

Kansas City
Adage, LLC, Ogallala, Nebraska -- to become a bank holding company by acquiring shares of Adbanc, Inc., Ogallala, and its subsidiary, Adams Bank & Trust.
-Approved, August 25, 2016

Minneapolis
The Bridger Company, Bridger, Montana -- to acquire Montana State Bank, Plentywood.
-Approved, August 26, 2016

Richmond
DCB Bancshares, Inc., Damascus, Maryland -- to become a bank holding company by acquiring Damascus Community Bank, Damascus.
-Approved, August 26, 2016

Boston
Independent Bank Corp., Rockland, Massachusetts -- waiver of application to acquire through merger New England Bancorp, Inc., Hyannis, in connection with the merger of their subsidiaries, Bank of Cape Cod, Hyannis, with and into Rockland Trust Company, Rockland.
-Withdrawn, August 23, 2016

San Francisco
Luther Burbank Corporation, Santa Rosa, California -- to become a bank holding company upon the conversion of Luther Burbank Savings, Santa Rosa, from a savings bank to a commercial bank.
-Approved, August 25, 2016

St. Louis
OakStar Bancshares, Inc., Springfield, Missouri -- to acquire Bancshares of Urbana, Inc., Urbana, and thereby indirectly acquire The Bank of Urbana; and for OakStar Bank, Springfield, to merge with The Bank of Urbana, Urbana, and to retain the acquired facilities as branches.
-Approved, August 26, 2016

Banks, State Member

Director, BS&R
Western Alliance Bank, Phoenix, Arizona -- to make a public welfare investment.
-Approved, August 24, 2016

Change in Bank Control

San Francisco
Mission Valley Bancorp, Sun Valley, California -- change in bank control of Mission Valley Bancorp and its subsidiary, Mission Valley Bank, Sun Valley.
-Permitted, August 22, 2016

Extensions of Time

Chicago
County Bank Corp, Lapeer, Michigan -- extension to September 3, 2016, to merge with Capac Bancorp, Inc., Capac; and for LaPeer County Bank & Trust Company, LaPeer, to merge with CSB Bank, Capac, and thereby establish branches.
-Granted, August 25, 2016

Financial Holding Companies

Kansas City
Adbanc, Inc., Ogallala, Nebraska -- election to become a financial holding company.
-Effective, August 25, 2016

Membership

Dallas
Commercial State Bank, Andrews, Texas -- to become a member of the Federal Reserve System.
-Approved, August 24, 2016

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