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 May 26, 2007


Bank Branches, Domestic

St. Louis
Arvest Bank, Fayetteville, Arkansas  -- to establish a branch at 1435 East Bradford Parkway, Springfield, Missouri.
-Approved, May 25, 2007 

Richmond
Bank of Lancaster, Kilmarnock, Virginia  -- to establish a branch at 15104 Northumberland Highway, Burgess.
-Approved, May 23, 2007 

New York
Chemung Canal Trust Company, Elmira, New York  -- to establish a branch at 127 Court Street, Binghamton.
-Approved, May 23, 2007 

Secretary
Manufacturers and Traders Trust Company, Buffalo, New York  -- to establish a branch at 21877 Towne Center Drive, Watertown.
-Approved, May 24, 2007 

Secretary
Manufacturers and Traders Trust Company, Buffalo, New York  -- to establish a branch at Baltimore/Washington International Thurgood Marshall Airport, Maryland.
-Approved, May 24, 2007 

Cleveland
Minster Bank, Minster, Ohio  -- to establish a mobile branch to serve certain customers in Allen, Augulaize, Mercer, Shelby, Darke, Miami, and Montgomery counties.
-Approved, May 21, 2007 

St. Louis
The Missouri Bank, Warrenton, Missouri  -- to establish a branch at 3194 South Service Road East, Foristell.
-Approved, May 22, 2007 

San Francisco
Pacific State Bank, Stockton, California  -- to establish a branch at 1253 A Street, Hayward.
-Approved, May 25, 2007 

Richmond
RBC Centura Bank, Raleigh, North Carolina  -- to establish a branch at 600 North Congress Avenue, Boynton Beach, Florida.
-Approved, May 23, 2007 

Atlanta
Regions Bank, Birmingham, Alabama  -- to establish branches at 4741 Military Trail, Jupiter, Florida; 191 East Eau Gallie Boulevard, Melbourne; U.S. Highway 41 and Miramar Avenue, Punta Gorda; 600 South Rosemary Avenue, West Palm Beach; 14795 Sunny Dell Lane, Noblesville, Indiana; and 5570 Highway 153, Chattanooga, Tennessee.
-Approved, May 24, 2007 

Bank Holding Companies

Atlanta
Americus Financial Services, Inc., Birmingham, Alabama  -- relief from a commitment.
-Withdrawn, May 25, 2007 

Kansas City
Citizens Bancshares Co., Chillicothe, Missouri  -- for Young Partners, L.P., Young Corporation, and Citizens Bancshares Co. to acquire, indirectly and directly, additional shares, for a total of 22.1 percent, of First Community Bancshares, Inc., Overland Park, Kansas.
-Approved, May 23, 2007 

Atlanta
Community Holding Company of Florida, Inc., Miramar Beach, Florida  -- to become a bank holding company and to acquire Community Bank, Destin, a de novo bank.
-Approved, May 25, 2007 

Kansas City
Country Bancshares, Inc., Jamesport, Missouri  -- to acquire up to 14 percent of the shares of Liberty First Bancshares, Inc., Liberty, and thereby acquire Park Bank, Parkville; and for Liberty First Bancshares, Inc., to acquire Park Bank.
-Approved, May 24, 2007 

Atlanta
GB&T Bancshares, Inc., Gainesville, Georgia  -- to acquire GB&T Mortgage, Inc., Cumming, and thereby engage de novo in making, acquiring, brokering, or servicing loans or other extensions of credit.
-Withdrawn, May 22, 2007 

Atlanta
New Horizons Bankshares, Inc., East Ellijay, Georgia  -- relief from a commitment.
-Withdrawn, May 23, 2007 

Atlanta
Palm Bancorp, Inc., Tampa, Florida  -- to become a bank holding company and to acquire The Palm Bank.
-Approved, May 24, 2007 

Dallas
Professional Capital, Inc., Dallas, Texas  -- to engage in management consulting activities.
-Approved, May 23, 2007 

Dallas
Professional Capital, Inc., Dallas, Texas, and Professional Capital of Delaware, Inc., Wilmington, Delaware  -- to acquire up to 20 percent of the shares of Pioneer Bank, SSB, Dripping Springs, Texas, a de novo bank.
-Approved, May 23, 2007 

San Francisco
Saddleback Bancorp, Tustin, California  -- to become a bank holding company on the conversion of its nonbank subsidiary, Tustin Community Bank, to a commercial bank charter; and to engage in extending credit and servicing loans through Saddleback Loan Company.
-Approved, May 25, 2007 

Bank Mergers

Minneapolis
First National Bank of Lewistown, Lewistown, Montana  -- to retain membership in the Federal Reserve System on conversion to a state-chartered institution, to be known as First Bank of Montana; and for First Bank of Montana to merge with Western Bank of Chinook, N.A., Chinook, and thereby establish a branch at 327 Indiana Street.
-Approved, May 23, 2007 

San Francisco
Heritage Bank of Commerce, San Jose, California  -- to merge with Diablo Valley Bank, Danville, and thereby acquire one branch.
-Approved, May 24, 2007 

Bank Premises

Richmond
Shore Bank, Onley, Virginia  -- to increase its investment in bank premises.
-Approved, May 25, 2007 

Extensions Of Time

St. Louis
The Callaway Bank, Fulton, Missouri  -- extension to August 24, 2007, to establish a branch at 5600 Bull Run Drive, Columbia.
-Granted, May 22, 2007 

Atlanta
Community Bancshares of Mississippi, Inc. Employee Stock Ownership Plan, Brandon, Mississippi  -- extension to August 21, 2007, to acquire up to an additional one percent of the shares of Community Bancshares of Mississippi, Inc. (to a maximum of 20.96 percent) and thereby acquire Community Bank, Amory; Community Bank of Mississippi, Forest; Community Bank, Meridian, Meridian; Community Bank, Ellisville, Ellisville; Community Bank, Coast, Biloxi; First Lucedale Bancorp, Inc., Lucedale; Community Bank, N.A.; and Community Bank, N.A., Memphis, Tennessee.
-Granted, May 21, 2007 

Chicago
Millennium Bancorp, Inc., Morton Grove, Illinois  -- extension to July 27, 2007, to become a bank holding company and to acquire Millennium Bank, Des Plaines, a de novo bank.
-Granted, May 23, 2007 

Financial Holding Companies

Kansas City
Wilber Co., Wilber, Nebraska  -- election to become a financial holding company.
-Effective, May 24, 2007 


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