Actions under delegated authority

Actions taken during the week ending January 9, 2010

Bank Branches, Domestic

Atlanta

Capital City Bank, Tallahassee, Florida -- to establish a branch at 148 South Highway 17, East Palatka.
-Approved, January 7, 2010

Dallas

Comerica Bank, Dallas, Texas -- to establish a branch at 4730 State Highway 121, The Colony.
-Approved, January 6, 2010

Bank Holding Companies

General Counsel

CIT Group, Inc., New York, New York -- request for an exemption under the Depository Institution Management Interlocks Act and Regulation L.
-Granted, January 8, 2010

Richmond

Eagle Bancorp, Inc., Bethesda, Maryland -- to purchase tax certificates from political jurisdictions representing debt owed by customers of EagleBank to local tax authorities on property securing EagleBank loans.
-Approved, January 5, 2010

Atlanta

Independent Bancshares, Inc. Employee Stock Ownership Plan, Red Bay, Alabama -- to acquire shares of Independent Bancshares, Inc. and its subsidiaries, Community Spirit Bank, Red Bay; Spirit Bancshares, Inc., Belmont, Mississippi; and Spirit Bank.
-Approved, January 5, 2010

Secretary

S&T Bancorp, Inc., Indiana, Pennsylvania -- to acquire shares of Allegheny Valley Bancorp, Inc., Pittsburgh.
-Approved, January 5, 2010

Kansas City

Stockgrowers State Bank Employee Stock Ownership Plan, Ashland, Kansas -- to acquire additional shares of Stockgrowers Banc Corporation, Ashland, and its subsidiary banks, Stockgrowers State Bank of Ashland, and Peoples Bank, Coldwater.
-Approved, January 7, 2010

Change in Bank Control

Minneapolis

Faith Bank Holding Company, Faith, South Dakota -- change in bank control of Faith and its subsidiary bank, Farmers State Bank, Faith.
-Permitted, January 6, 2010

Regulations and Policies

FOMC

Federal Open Market Committee -- minutes of the meeting on December 15 and 16, 2009.
-Published, January 6, 2010