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 December 9, 2006


Bank Branches, Domestic

St. Louis
Arvest Bank, Fayetteville, Arkansas  -- to establish a branch at 420 South Elm Street, Jenks, Oklahoma.
-Approved, December 4, 2006 

Chicago
The Farmers and Mechanics Bank, Galesburg, Illinois  -- to establish a mobile branch serving Peoria, Tazewell, Woodford, Knox, and Warren Counties.
-Approved, December 7, 2006 

Kansas City
First Community Bank, Emporia, Kansas  -- to establish a branch at 2160 West Highway 50 and to relocate the head office to 715 Merchant Street.
-Approved, December 7, 2006 

Atlanta
First Florida Bank, Naples, Florida  -- to establish a branch at 16451 Health Park Commons Drive, Fort Myers.
-Approved, December 6, 2006 

New York
Manufacturers and Traders Trust Company, Buffalo, New York  -- to establish a branch at 7918 Jones Branch Drive, McLean, Virginia.
-Approved, December 7, 2006 

Atlanta
Marine Bank, Marathon, Florida  -- to establish a branch at 100290 Overseas Highway, Key Largo.
-Approved, December 7, 2006 

Richmond
Monarch Bank, Chesapeake, Virginia  -- to establish a branch at 5225 Providence Road, Virginia Beach.
-Approved, December 8, 2006 

Secretary
SunTrust Bank, Atlanta, Georgia  -- to establish a branch at 9360 Navarre Parkway, Navarre, Florida.
-Approved, December 6, 2006 

Secretary
SunTrust Bank, Atlanta, Georgia  -- to establish a branch at 3968 Wedgewood Lane, The Villages, Florida.
-Approved, December 6, 2006 

Secretary
SunTrust Bank, Atlanta, Georgia  -- to establish a branch at 3502 Avalon Park West BV, Orlando, Florida.
-Approved, December 6, 2006 

Richmond
Virginia Heritage Bank, Fairfax, Virginia  -- to establish a branch at 13986 Metrotech Drive, Chantilly.
-Approved, December 7, 2006 

Bank Holding Companies

St. Louis
Arvest Bank Group, Inc., Bentonville, Arkansas, and Arvest Holdings, Inc.  -- waiver of application to acquire Caney Valley Bancshares, Inc., Caney, Kansas, in connection with the merger of Caney Valley National Bank and Arvest Bank, Fayetteville, Arkansas.
-Granted, December 4, 2006 

Dallas
BT Holdings, Inc., Quitman, Texas  -- to become a bank holding company and to acquire Quitman Bancorporation, Inc., and thereby acquire Quitman Bancorporation of Delaware, Inc., Wilmington, Delaware, and Bank Texas, National Association, Quitman, Texas.
-Approved, December 7, 2006 

Secretary
Charter Bankshares, Inc., Eau Claire, Wisconsin  -- to become a bank holding company and to acquire at least 90 percent of the shares of Charter Bank Eau Claire.
-Approved, December 4, 2006 

Atlanta
Embassy Bancshares, Inc., Snellville, Georgia  -- to become a bank holding company and to acquire Embassy National Bank, Lawrenceville, a de novo bank.
-Approved, December 8, 2006 

Atlanta
First America Holdings Corporation, Osprey, Florida  -- to become a bank holding company and to acquire First America Bank.
-Approved, December 5, 2006 

Kansas City
First Fidelity Bancorp, Inc., Oklahoma City, Oklahoma  -- to acquire Western Security Holding Co., Ltd., Scottsdale, Arizona, and Western Security Bank.
-Withdrawn, December 8, 2006 

Atlanta
First NBC Bank Holding Company, New Orleans, Louisiana  -- to become a bank holding company and to acquire First NBC Bank.
-Withdrawn, December 7, 2006 

Minneapolis
Frandsen Financial Corporation, Arden Hills, Minnesota  -- to merge with Pine Bankshares, Inc., Pine City, and thereby acquire The First National Bank of Pine City.
-Approved, December 8, 2006 

Chicago
Greene Investment Co., Jefferson, Iowa  -- to merge with Audubon Investment Company, Carroll and to acquire Audubon State Bank, Audubon.
-Approved, December 7, 2006 

Boston
Mayflower Bancorp, Inc., Middleboro, Massachusetts  -- to become a bank holding company and to acquire Mayflower Co-operative Bank.
-Approved, December 8, 2006 

St. Louis
The McGehee Bank Employee Stock Ownership Plan, McGehee, Arkansas  -- to become a bank holding company and to acquire 28 percent of Southeast Financial Bankstock Corporation and thereby acquire McGehee Bank.
-Approved, December 7, 2006 

Kansas City
Nodaway Valley Bancshares, Inc., Maryville, Missouri  -- to acquire Exchange Bank, Mound City.
-Withdrawn, December 5, 2006 

Chicago
PrivateBancorp, Inc., Chicago, Illinois  -- to acquire The PrivateBank, N.A., Milwaukee, Wisconsin, a de novo bank.
-Approved, December 7, 2006 

Chicago
QCR Holdings, Inc., Moline, Illinois  -- to acquire Ridgeland Bancorp, Inc., Tony, Wisconsin, and Farmers State Bank, Ridgeland; for Farmers State Bank to become a member of the Federal Reserve System; and for Farmers State Bank to merge with Rockford Bank and Trust Company, Rockford, Illinois, and thereby establish a branch at 1133 Quail Court, Suite 100, Pewaukee, Wisconsin.
-Approved, December 8, 2006 

Richmond
TrustAtlantic Financial Corporation, Raleigh, North Carolina  -- to become a bank holding company and to acquire Millennia Community Bank, Greenville.
-Approved, December 6, 2006 

St. Louis
Union County Bancshares, Inc., Anna, Illinois  -- waiver of application to merge with The Jonesboro Bancompany, Inc., Jonesboro, in connection with the merger of The First National Bank of Jonesboro and Anna National Bank, Anna.
-Withdrawn, December 8, 2006 

Secretary
West Valley Bancorp, Inc., Avondale, Arizona  -- to become a bank holding company and to acquire West Valley National Bank, a de novo bank.
-Approved, December 5, 2006 

Change In Bank Control

Kansas City
Commerce Bancorp, Inc., Duncan, Oklahoma  -- change in bank control.
-Permitted, December 7, 2006 

Minneapolis
Eden Valley Bancshares, Inc., Eden Valley, Minnesota  -- change in bank control.
-Permitted, December 8, 2006 

Extensions Of Time

Richmond
BCBank, Inc., Philippi, West Virginia  -- extension to January 10, 2007, to establish a branch at 936 East Park Avenue, Fairmont.
-Granted, December 7, 2006 

Director, BS&R
Fortis S.A./N.V., Brussels, Belgium, Fortis N.V., and Fortis Bank S.A./N.V.  -- extension of time to conform or divest certain impermissible activities.
-Granted, December 5, 2006 

Financial Holding Companies

Chicago
Arneson Bancshares, Inc., Clear Lake, Iowa  -- election to become a financial holding company.
-Effective, December 6, 2006 

International Operations

Director, BS&R
Citibank, N.A., Las Vegas, Nevada  -- waiver of remainder of notification period to invest, through its subsidiary, Citibank Overseas Investment Corporation, New Castle, Delaware, in Akbank T.A.S., Istanbul, Republic of Turkey, and modification of the aggregate investment limit of Regulation K.
-Granted, December 8, 2006 


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