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 June 30, 2007


Bank Branches, Domestic

Richmond
Citizens Community Bank, South Hill, Virginia  -- to establish a branch at 778 Old Farm Road South, Roanoke Rapids, North Carolina.
-Approved, June 25, 2007 

Kansas City
CoBiz Bank, Denver, Colorado  -- to establish a branch at 212 Chambers Avenue, Eagle.
-Approved, June 26, 2007 

Richmond
The First Bank and Trust Company, Lebanon, Virginia  -- to establish a branch at 851 Lew Dewitt Boulevard, Waynesboro.
-Approved, June 25, 2007 

Atlanta
First Georgia Community Bank, Jackson, Georgia  -- to establish a branch at 361 Wilson Road, Griffin.
-Approved, June 28, 2007 

San Francisco
Hanmi Bank, Los Angeles, California  -- to establish a branch at 9300 Wilshire Boulevard, Beverly Hills.
-Approved, June 29, 2007 

Dallas
HCSB, a state banking association, Plainview, Texas  -- to establish a branch at 710 South Adams, Fredericksburg.
-Approved, June 26, 2007 

San Francisco
Heritage Bank of Commerce, San Jose, California  -- to establish a branch at 101 Ygnacio Valley Road, Walnut Creek.
-Approved, June 26, 2007 

Richmond
RBC Centura Bank, Raleigh, North Carolina  -- to establish a branch at 200 Providence Road, Charlotte.
-Approved, June 26, 2007 

Secretary
SunTrust Bank, Atlanta, Georgia  -- to establish branches at 601 Courtland Boulevard, Deltona, Florida; 11721 Bonita Beach Road, Southeast, Bonita Springs; and 404 Johnnie Dodds Boulevard, Mt. Pleasant, South Carolina.
-Approved, June 26, 2007 

Bank Holding Companies

Atlanta
CapitalSouth Bancorp, Birmingham, Alabama  -- to acquire Monticello Bancshares, Inc., Jacksonville, Florida, and Monticello Bank; and for CapitalSouth Bank, Birmingham, Alabama, to merge with Monticello Bank, Jacksonville, Florida, and thereby establish branches.
-Approved, June 29, 2007 

Chicago
Capitol Bancorp Ltd., Lansing, Michigan, and Capitol Development Bancorp Limited VI  -- to acquire shares of High Desert Bank, Bend, Oregon, a de novo savings association.
-Approved, June 25, 2007 

Chicago
Capitol Bancorp, Ltd., Lansing, Michigan, and Capitol Development Bancorp Limited VI  -- to acquire shares of Issaquah Community Bank, Issaquah, Washington, a de novo bank.
-Approved, June 27, 2007 

San Francisco
First Community Holdings, Santa Rosa, California  -- to become a bank holding company and to acquire First Community Bank.
-Approved, June 28, 2007 

Minneapolis
First National Bank of Sauk Centre Retirement Savings & Employee Stock Ownership Plan and Trust, Sauk Centre, Minnesota, and Sauk Centre Financial Services, Inc.  -- to acquire Lake Country State Bank, Long Prairie.
-Approved, June 29, 2007 

San Francisco
Franklin Resources, Inc., San Mateo, California  -- to retain shares of The BANKshares, Inc., Melbourne, Florida, and thereby retain its subsidiaries, The Bank Brevard, and BankFIRST, Winter Park.
-Approved, June 25, 2007 

Kansas City
FSB Bancshares, Inc., Oklahoma City, Oklahoma  -- to become a bank holding company and to acquire First Security Bank and Trust Company.
-Approved, June 28, 2007 

Boston
Machias Bancorp, MHC, Machias, Maine, and Machias Bancorp, Inc.  -- to acquire an additional interest in M&M Consulting Limited Liability Company, Bangor.
-Returned, June 25, 2007 

St. Louis
MRV Financial Corp, St. Genevieve, Missouri  -- to become a bank holding company and to acquire MRV Banks, a de novo bank.
-Approved, June 25, 2007 

Atlanta
New Horizons Bankshares, Inc., East Ellijay, Georgia  -- relief from a commitment.
-Granted, June 28, 2007 

Atlanta
Pinnacle Financial Corporation, Elberton, Georgia  -- to merge with Georgia Central Bancshares, Inc., Social Circle, and thereby acquire Georgia Central Bank.
-Approved, June 25, 2007 

Richmond
United Bankshares, Inc., Charleston, West Virginia, and George Mason Bankshares, Inc., Fairfax, Virginia  -- to acquire Premier Community Bankshares, Inc., Winchester, Virginia, and thereby acquire The Marathon Bank; Rockingham Heritage Bank, Harrisonburg; and Premier Bank, Inc., Martinsburg, West Virginia.
-Approved, June 28, 2007 

Bank Mergers

Secretary
M&I Marshall & Ilsley Bank, Milwaukee, Wisconsin  -- to merge with Excel Bank Minnesota, Minneapolis, Minnesota, and thereby establish branches.
-Approved, June 26, 2007 

Bank Premises

Richmond
Farmers Bank, Windsor, Virginia  -- to increase its investment in bank premises.
-Approved, June 26, 2007 

Change In Bank Control

Kansas City
Clearwater Development Co., Inc., Clearwater, Nebraska  -- to retain control of Clearwater Development Co., Inc.
-Permitted, June 25, 2007 

St. Louis
Commerce Bancorp, Inc., Greenwood, Mississippi  -- to retain control of Commerce Bancorp, Inc.
-Permitted, June 28, 2007 

Philadelphia
Northumberland Bancorp, Northumberland, Pennsylvania  -- change in bank control.
-Permitted, June 26, 2007 

Extensions Of Time

Kansas City
American Heritage Bank, Sapulpa, Oklahoma  -- extension to September 28, 2007, to establish a branch at the intersection of 71st Street South and South Union Avenue, Tulsa.
-Granted, June 28, 2007 

Boston
Assabet Valley Bancorp, Hudson, Massachusetts  -- extension to September 27, 2007, to acquire Westborough Bancorp, M.H.C., Westborough, Westborough Financial Services, Inc., and The Westborough Bank.
-Granted, June 27, 2007 

Richmond
Bank of America Corporation, Charlotte, North Carolina  -- extension to September 27, 2007, to acquire U.S. Trust Corporation, New York, New York, and thereby acquire United States Trust Company, National Association.
-Granted, June 27, 2007 

Financial Holding Companies

New York
TD US P & C Holding ULC, Calgary, Canada  -- election to become a financial holding company.
-Effective, June 29, 2007 

Membership

Cleveland
Citizens Bank of Jessamine County, Nicholasville, Kentucky  -- to retain membership in the Federal Reserve System on conversion from a national to a state charter.
-Approved, June 27, 2007 

Atlanta
Reliant Bank, Brentwood, Tennessee  -- to become a member of the Federal Reserve System.
-Approved, June 28, 2007 

Dallas
Southwest Bank, Fort Worth, Texas  -- to become a member of the Federal Reserve System.
-Approved, June 26, 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