Actions under delegated authority

Actions taken during the week ending September 10, 2016

Bank Branches, Domestic

Boston

South Shore Bank, South Weymouth, Massachusetts -- to establish a branch at 275 Hancock Street, Quincy.
-Approved, September 9, 2016

Bank Holding Companies

General Counsel

Citco Community Bancshares, Inc., Elizabethton, Tennessee, and Citizens Bank -- waiver of application to acquire American Trust Bank of East Tennessee (ATB), Knoxville, in connection with the merger of ATB into Citizens Bank.
-Granted, September 2, 2016
(A/C)

Director, BS&R

Fulton Financial Corporation, Lancaster, Pennsylvania -- relief from certain commitments.
-Granted, September 6, 2016

General Counsel

Independent Bank Corp (IBC), Rockland, Massachusetts -- waiver of application to acquire New England Bancorp, Hyannis, and its subsidiary, Bank of Cape Cod, in connection with the merger of Bank of Cape Cod with and into IBC's subsidiary, Rockland Trust Company, Rockland.
-Granted, September 6, 2016

Change in Bank Control

Atlanta

F and M Holding Company, Inc., Manchester, Georgia -- to retain control of F and M Holding Company, Inc., and its subsidiary, F&M Bank and Trust Company, Manchester (two notices).
-Permitted, September 9, 2016

Atlanta

F and M Holding Company, Inc., Manchester, Georgia -- change in bank control of F and M Holding Company, Inc., and its subsidiary, F&M Bank and Trust Company, Manchester.
-Permitted, September 9, 2016

St. Louis

Magnolia Banking Corporation, Magnolia, Arkansas -- change in bank control of Magnolia Banking Corporation and its subsidiary, Farmers Bank & Trust Company, Magnolia.
-Permitted, September 9, 2016

Chicago

Northwest Bancorporation of Illinois, Inc., Palatine, Illinois -- change in bank control of Northwest Bancorporation of Illinois, Inc., and its subsidiary, First Bank and Trust Company of Illinois, Palatine.
-Withdrawn, September 8, 2016

Chicago

United Community Financial Corporation, Grand Rapids, Michigan -- to retain control of United Community Financial Corporation and its subsidiary, United Bank of Michigan, Grand Rapids.
-Permitted, September 9, 2016

Extensions of Time

Secretary

First Community Corporation, Lexington, South Carolina -- extension of time to dispose of a real estate asset.
-Denied, September 7, 2016

Membership

St. Louis

The Hardin County Bank, Savannah, Tennessee -- to become a member of the Federal Reserve System and establish its wholly owned insurance company, The Hardin Bank Insurance Agency, Inc., Savannah, as a financial subsidiary.
-Approved, September 8, 2016