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 September 27, 2008


Bank Branches, Domestic

Secretary
Manufacturers and Traders Trust Company, Buffalo, New York  -- to establish branches at 6015 Daybreak Circle, Clarksville, Maryland; 285 Delaware Avenue, Buffalo, New York; 50 Jericho Quadrangle, Oyster Bay, New York; and 101 West Third Street, Williamsport, Pennsylvania.
-Approved, September 24, 2008 

Boston
Medway Co-operative Bank, Medway, Massachusetts  -- to establish a branch at 1 Hastings Street, Mendon.
-Approved, September 26, 2008 

Secretary
SunTrust Bank, Atlanta, Georgia  -- to establish a branch at 850 Folly Road, Charleston, South Carolina.
-Approved, September 24, 2008 

Bank Holding Companies

Atlanta
Atlantic Southern Financial Group, Inc., Macon, Georgia  -- relief from a commitment.
-Granted, September 26, 2008 

Atlanta
BancIndependent Incorporated, Sheffield, Alabama  -- waiver of application to acquire Citizens Bancorp of Lawrence, Moulton, in connection with the merger of their respective subsidiary banks, Bank Independent, Sheffield, and The Citizens Bank, Moulton.
-Granted, September 26, 2008 

Kansas City
Everest Bancshares, Inc., Everest, Kansas  -- to acquire Gower Bancshares, Inc., Gower, Missouri, and its subsidiary bank, Bank of Gower.
-Approved, September 26, 2008 

San Francisco
Global Bancorp, Mountain View, California  -- to become a bank holding company and to acquire Global Trust Bank, Mountain View.
-Approved, September 24, 2008 

Dallas
Lone Star State Bancshares, Inc., Lubbock, Texas, and Lone Star State Bank of West Texas  -- waiver of application to acquire First of Brownfield Corporation, Brownfield, in connection with the merger of its subsidiary bank, First Bank of Brownfield, Brownfield, with Lone Star State Bank of West Texas, Lubbock.
-Granted, September 26, 2008 

Dallas
McCamey Financial Corporation, Odessa, Texas  -- to acquire First National Monahans Bancshares, Inc., Monahans, and thereby indirectly acquire Monahans Delaware Financial Corporation, Wilmington, Delaware, and First National Bank of Monahans, Monahans, Texas.
-Approved, September 23, 2008 

Atlanta
Piedmont Bancorp, Inc., Norcross, Georgia  -- to become a bank holding company and to acquire First Choice Community Bank 1874, Newnan.
-Withdrawn, September 24, 2008 

Chicago
SBA Bancorp, Inc., Ashland, Illinois  -- to merge with First Beardstown Bancorp, Inc., Beardstown, and thereby indirectly acquire First State Bank of Beardstown.
-Approved, September 26, 2008 

St. Louis
Springfield Bancshares, Inc., Springfield, Missouri  -- to become a bank holding company and to acquire Springfield First Community Bank (in organization), Springfield.
-Approved, September 26, 2008 

Richmond
Village Bank and Trust Financial Corp., Midlothian, Virginia  -- waiver of application to acquire River City Bank, Mechanicsville, in connection with its merger with Village's subsidiary bank, Village Bank, Midlothian.
-Granted, September 25, 2008 

Boston
WebFive, MHC, Webster, Massachusetts, and WebFive Financial Services, Inc.  -- to become a mutual bank holding company and a stock bank holding company, respectively, and to acquire Webster Five Cents Savings Bank, Webster.
-Approved, September 25, 2008 

Banks, Foreign

Director, BS&R
The Shizuoka Bank, Ltd., Shizuoka, Japan  -- to establish a branch in New York, New York.
-Approved, September 23, 2008 

Change In Bank Control

Minneapolis
Community Pride Bank Corporation, Ham Lake, Minnesota  -- change in bank control of Community and its subsidiary bank, Community Pride Bank, Isanti.
-Permitted, September 22, 2008 

Atlanta
Hometown Bancshares, Inc., Hamilton, Alabama  -- change in bank control of Hometown and its subsidiary bank, PeoplesTrust Bank, Hamilton.
-Permitted, September 24, 2008 

Chicago
Taylor Capital Group, Inc., Rosemont, Illinois  -- change in bank control of Taylor and its subsidiary bank, Cole Taylor Bank, Chicago.
-Permitted, September 25, 2008 

Kansas City
Woodbine Agency, Inc., Woodbine, Kansas  -- change in bank control of Woodbine and its subsidiary bank, The Citizens State Bank and Trust Company, Woodbine.
-Permitted, September 26, 2008 

Extensions Of Time

Richmond
Bank of Lancaster, Kilmarnock, Virginia  -- extension to April 24, 2009, to establish a branch at Route 205, Beachgate Shopping Center, Colonial Beach.
-Granted, September 25, 2008 

Chicago
Comerica Bank, Detroit, Michigan  -- extension to December 31, 2008, to establish a branch at 412 Washington Street, San Diego, California.
-Granted, September 18, 2008  (AC)

Chicago
Minier Financial, Inc. Employee Stock Ownership Plan with 401(k) Provisions, Minier, Illinois  -- extension to January 28, 2009, to increase its ownership of Minier Financial, Inc., Minier, and thereby increase its indirect ownership of First Farmers State Bank.
-Granted, September 22, 2008 

Financial Holding Companies

Secretary
Morgan Stanley, New York, New York; Morgan Stanley Capital Management LLC; and Morgan Stanley Domestic Holdings, Inc.  -- election to become financial holding companies.
-Effective, September 22, 2008 

Membership

Secretary
Goldman Sachs Bank USA, Salt Lake City, Utah  -- membership in the Federal Reserve System; retention of a branch at 100 Crescent Court, Suite 1000, Dallas, Texas; and location determination of a master account at the Federal Reserve Bank of New York.
-Approved, September 25, 2008 


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