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 April 11, 2009


Bank Branches, Domestic

San Francisco
Alta Alliance Bank, Oakland, California  -- to establish a branch at 601 West 5th Street, Los Angeles.
-Withdrawn, April 9, 2009 

St. Louis
Arvest Bank, Fayetteville, Arkansas  -- to establish a branch at 4400 West Markham Street, Little Rock.
-Approved, April 6, 2009 

Bank Holding Companies

Richmond
Armed Forces Benefit Association, Alexandria, Virginia; AFBA Investment Trust; and 5Star Financial, LLC  -- to become bank holding companies on conversion of 5Star Bank, Colorado Springs, Colorado, to a state-chartered commercial bank, and election to become financial holding companies.
-Approved, April 7, 2009 

Minneapolis
The Bridger Company, Bridger, Montana  -- relief from a commitment.
-Granted, April 6, 2009 

Boston
Campello Bancorp, Brockton, Massachusetts  -- relief from a commitment.
-Withdrawn, April 8, 2009 

Kansas City
FSB Investments, LLC, Oklahoma City, Oklahoma  -- to become a bank holding company and to acquire shares of MidWest Community Financial Corporation, Midwest City, and its subsidiary bank, The First State Bank, Canute; and to acquire American Resource Mortgage, Inc., Midwest City, and thereby engage in mortgage loan origination.
-Approved, April 9, 2009 

Director, BS&R
The Goldman Sachs Group, Inc., New York, New York  -- request for an exception to the Board's risk-based capital guidelines that would lower the risk weight for Regulation T margin loans.
-Granted, April 10, 2009 

Chicago
Grand River Commerce, Inc., Grandville, Michigan  -- to become a bank holding company and to acquire Grand River Bank (in organization), Grandville.
-Approved, April 10, 2009 

New York
Investors Bancorp, MHC, Short Hills, New Jersey, and Investors Bancorp, Inc.  -- to acquire American Bancorp of New Jersey, Bloomfield, and American Bank of New Jersey.
-Approved, April 10, 2009 

Dallas
Jourdanton Bancshares, Inc., Jourdanton, Texas  -- to become a bank holding company and to acquire Jourdanton State Bank, Jourdanton.
-Approved, April 8, 2009 

Director, BS&R
Morgan Stanley, New York, New York  -- request for an exception to the Board's risk-based capital guidelines that would lower the risk weight for Regulation T margin loans.
-Granted, April 10, 2009 

San Francisco
NHB Holdings, Inc., Jacksonville, Florida, and Proficio Mortgage Ventures, LLC  -- to engage de novo in a joint venture with SilverLeaf Mortgage, LLC, Salt Lake City, Utah, in conducting mortgage banking activities.
-Approved, April 8, 2009 

Atlanta
RMB Holdings, LLC, Birmingham, Alabama, and ATB Management, LLC  -- to acquire shares of Americus Financial Services, Inc., Birmingham, and its subsidiary bank, Red Mountain Bank.
-Approved, April 8, 2009 

Change In Bank Control

Atlanta
Claiborne Holding Company, Inc., Tazewell, Tennessee  -- change in bank control of Claiborne and its subsidiary bank, First Century Bank, Tazewell.
-Permitted, April 7, 2009 

Atlanta
Williston Holding Company, Williston, Florida  -- change in bank control of Williston and its subsidiary bank, Perkins State Bank, Williston.
-Permitted, April 10, 2009 

Extensions Of Time

Richmond
HomeTown Bankshares Corporation, Roanoke, Virginia  -- extension to July 7, 2009, to become a bank holding company and to acquire HomeTown Bank, Roanoke.
-Granted, April 7, 2009 

Director, BS&R
The PNC Financial Services Group, Inc., Pittsburgh, Pennsylvania  -- extension of time and relief from certain divestiture commitments in connection with the acquisition of National City Corporation, Cleveland, Ohio.
-Granted, April 7, 2009 

New York
Standard Chartered Bank, London, England  -- extension to May 12, 2009, to engage de novo through its subsidiary, Standard Chartered Securities (North America) Inc., New York, New York, in financial and investment advisory activities, agency transactional services, and investment transactions as principal.
-Granted, April 9, 2009 

Director, BS&R
Wells Fargo & Company, San Francisco, California  -- extensions of time and relief from certain divestiture commitments in connection with the acquisition of Wachovia Corporation, Charlotte, North Carolina.
-Granted, April 8, 2009 

Membership

San Francisco
Alliance Bank of Arizona, Phoenix, Arizona  -- to become a member of the Federal Reserve System.
-Withdrawn, April 9, 2009 

San Francisco
First Independent Bank of Nevada, Reno, Nevada  -- to become a member of the Federal Reserve System.
-Withdrawn, April 9, 2009 

Regulations And Policies

FOMC
Federal Open Market Committee  -- minutes of the meeting on March 17 and 18, 2009, and of the conference call on February 7, 2009.
-Published, April 8, 2009 


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