FRB: H.2--Actions under delegated authority--Week ending May 24, 2008

Comerica Bank, Dallas, Texas -- to establish a branch at 111 North Magnolia Avenue, Orlando, Florida.
-Approved, May 23, 2008

First State Bank, Lincoln, Nebraska -- to establish a branch at 108 West Third Street, Firth.
-Approved, May 22, 2008

Peapack-Gladstone Bank, Gladstone, New Jersey -- to establish branches at 531 Route 22 East, Whitehouse Station and 1038 Stelton Road, Piscataway.
-Approved, May 23, 2008

PointBank, Pilot Point, Texas -- to establish a branch at 4920 Long Prairie Road, Flower Mound.
-Approved, May 21, 2008

SunTrust Bank, Atlanta, Georgia -- to establish a branch at 9933 Sowder Village Square, Manassas, Virginia.
-Approved, May 21, 2008

Texas Star Bank, Van Alstyne, Texas -- to establish a branch at U.S. Highway 75 and Texanna Street, Van Alstyne.
-Approved, May 21, 2008

Valley Bank, Roanoke, Virginia -- to establish a branch at 4003 Challenger Avenue, Roanoke.
-Approved, May 22, 2008

Bank Holding Companies

Algodon de Calidad Bancshares, Inc., Abernathy, Texas -- to become a bank holding company and to acquire The First State Bank, Abernathy.
-Approved, May 21, 2008

Commerce Union Bancshares, Inc., Springfield, Tennessee -- to become a bank holding company and to acquire Commerce Union Bank, Springfield.
-Approved, May 22, 2008

Dart Financial Corporation, Mason, Michigan -- to become a bank holding company and to acquire The Dart Bank, Mason.
-Approved, May 19, 2008

Downing Partnership, L.P., Ellis, Kansas -- to acquire shares of Equity Bancshares, Inc., Andover, and Equity Bank, N.A.
-Withdrawn, May 22, 2008

First Financial Service Corporation, Elizabethtown, Kentucky -- to merge with FSB Bancshares, Inc., Lanesville, Indiana, and thereby acquire The Farmers State Bank.
-Approved, May 21, 2008

Fortis S.A./N.V., Brussels, Belgium, Fortis N.V., Fortis Brussels S.A./N.V., and Fortis Bank S.A./N.V. -- to enter into physically settled tolling agreements with power plant owners in the United States (energy tolling) as an activity complementary to commodities derivatives activities.
-Approved, May 21, 2008

Franklin Financial Network, Inc., Franklin, Tennessee -- to acquire the assets and assume the liabilities of Banc Compliance Group, LLC., Franklin, and thereby engage, through its subsidiary, Banc Compliance Group, Inc., in providing management consulting and counseling activities.
-Approved, May 20, 2008

HBNA Financial Corporation, Pickerington, Ohio -- to become a bank holding company and to acquire Horizon National Bank (in formation), Pickerington.
-Withdrawn, May 23, 2008

Lake Shore Wisconsin Corporation, Sheboygan, Wisconsin -- to become a bank holding company and to acquire Lake Shore Bank (in organization), Sheboygan.
-Withdrawn, May 21, 2008

Bank Mergers

Kaw Valley State Bank and Trust Company, Wamego, Kansas -- to merge with The First National Bank of Clifton, Clifton, and thereby establish two branches.
-Approved, May 22, 2008

Banks, Foreign

SNS Property Finance B.V., Hoevelaken, the Netherlands -- to establish a representative office in Arlington, Virginia.
-Approved, May 22, 2008

Change In Bank Control

Bi-Stone Bancshares, Inc., Mexia, Texas -- change in bank control of Bancshares and its subsidiary bank, Incommons Bank, N.A., Mexia.
-Permitted, May 21, 2008

Healthcare Bancorp, Inc., Broken Arrow, Oklahoma -- change in bank control of Bancorp and its subsidiary bank, First Bankcentre, Broken Arrow.
-Permitted, May 23, 2008

ICB Financial, Ontario, California -- to retain control of Financial and its subsidiary bank, Inland Community Bank, N.A., Ontario.
-Permitted, May 22, 2008

Midstate Financial Corporation, Brownsburg, Indiana -- to retain control of Corporation and its subsidiary bank, Hendricks County Bank & Trust Company, Brownsburg.
-Permitted, May 20, 2008

New Mexico First Financial, Inc., Las Cruces, New Mexico -- change in bank control of Financial and its subsidiary bank, Mesilla Valley Bank, Las Cruces.
-Permitted, May 23, 2008

Extensions Of Time

Bank of Lancaster, Kilmarnock, Virginia -- extension to June 22, 2008, to establish a branch at 15104 Northumberland Highway, Burgess.
-Granted, May 21, 2008

Chesapeake Bank, Kilmarnock, Virginia -- extension to December 1, 2008, to establish a branch between 608 and 644 North Main Street, Kilmarnock.
-Granted, May 20, 2008

Community State Bankshares, Inc., Lamar, Colorado -- extension to August 22, 2008, to become a bank holding company and to acquire Community State Bank (in organization), Lamar.
-Granted, May 20, 2008

International Operations

American Express Bank International, Miami, Florida -- to amend its articles of association to change its name to Standard Chartered International (USA) Limited.
-Approved, May 23, 2008

Membership

The Merchants National Bank of Bangor, Bangor, Pennsylvania -- to retain membership in the Federal Reserve System on conversion to a state-chartered institution, Merchants Bank of Bangor.
-Approved, May 22, 2008

West Michigan National Bank & Trust, Frankfort, Michigan -- to retain membership in the Federal Reserve System on conversion to a state-chartered institution, West Michigan Bank & Trust.
-Approved, May 21, 2008

Regulations And Policies

Federal Open Market Committee -- minutes of the meeting on April 29-30, 2008.
-Published, May 21, 2008

Actions under delegated authority

Actions taken during the week ending May 24, 2008

Bank Branches, Domestic