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 28, 2014


Bank Branches, Domestic

Dallas
Lone Star State Bank of West Texas, Lubbock, Texas -- to establish a branch at 1004 North Big Spring Street, Midland.
-Approved, June 26, 2014

Bank Holding Companies

St. Louis
Banterra Corp., Eldorado, Illinois -- waiver of application to acquire Hardin County Bancorp, Inc., Rosiclare, in connection with the merger of their respective subsidiaries, Banterra Bank, Marion, and Area Bank, Rosiclare.
-Withdrawn, June 26, 2014

Richmond
Entegra Financial Corp., Franklin, North Carolina -- to become a bank holding company by acquiring Macon Bancorp, Franklin, and thereby indirectly acquiring control of Macon Bank.
-Approved, June 25, 2014

Richmond
HomeTrust Bancshares, Inc., Asheville, North Carolina -- waiver of application to indirectly acquire Bank of Commerce, Charlotte, in connection with its merger with and into Bancshares' subsidiary thrift, HomeTrust Bank, Asheville.
-Granted, June 25, 2014

Dallas
Progressive National Financial Corporation, Mansfield, Louisiana -- to become a bank holding company by acquiring Progressive National Bank of DeSoto Parish, Mansfield.
-Approved, June 25, 2014

Secretary
Simmons First National Corporation, Pine Bluff, Arkansas -- to merge with Delta Trust & Banking Corporation, Little Rock, and thereby indirectly acquire Delta Trust & Bank, Parkdale.
-Approved, June 24, 2014

Bank Mergers

St. Louis
Centennial Bank, Conway, Arkansas -- to merge with Florida Traditions Bank, Dade City, Florida, and to retain the acquired facilities as branches.
-Approved, June 27, 2014

Chicago
First Midwest Bank, Itasca, Illinois -- to purchase the assets and assume the liabilities of 12 branches of Banco Popular North America, New York, New York, and thereby establish branches.
-Approved, June 25, 2014

Banks, State Member

Director, BS&R
Goldman Sachs Bank USA, New York, New York -- to make a public welfare investment.
-Approved, June 25, 2014

San Francisco
Silicon Valley Bank, Santa Clara, California -- to make a public welfare investment.
-Approved, June 27, 2014

Change in Bank Control

Kansas City
Citizens Commerce Corporation, Ardmore, Oklahoma -- change in bank control of Citizens Commerce Corporation and its subsidiary, Citizens Bank & Trust Company of Ardmore, Ardmore.
-Permitted, June 27, 2014

Philadelphia
Cornerstone Financial Corporation, Mount Laurel, New Jersey -- change in bank control of Cornerstone Financial Corporation and its subsidiary, Cornerstone Bank, Mount Laurel.
-Permitted, June 26, 2014

St. Louis
First Alliance Bancshares, Inc., Cordova, Tennessee -- change in bank control of First Alliance Bancshares, Inc. and its subsidiary, First Alliance Bank, Cordova.
-Returned, June 24, 2014

Minneapolis
Heritage Bancshares Group, Inc., Willmar, Minnesota -- to retain control of Heritage Bancshares Group, Inc. and its subsidiary, Heritage Bank, N.A., Spicer.
-Permitted, June 24, 2014

St. Louis
Kentucky Home Bancshares, Inc., Bardstown, Kentucky -- to retain control of Kentucky Home Bancshares, Inc. and its subsidiary, Kentucky Home Bank, Bardstown.
-Permitted, June 27, 2014

Dallas
Riverbend Financial Corporation, Fort Worth, Texas -- change in bank control of Riverbend Financial Corporation and its subsidiary, Riverbend Bank, Fort Worth.
-Permitted, June 26, 2014

Extensions of Time

Director, BS&R
KeyCorp, Cleveland, Ohio -- extension of time to divest or conform a merchant banking investment.
-Granted, June 23, 2014

Director, BS&R
Royal Bank of Canada, Montreal, Canada -- extension of time to divest or conform a merchant banking investment.
-Granted, June 26, 2014

Financial Holding Companies

Atlanta
Community & Southern Holdings, Inc., Atlanta, Georgia -- election to become a financial holding company.
-Effective, June 26, 2014

Cleveland
Kentucky Bancshares, Inc., Paris, Kentucky -- election to become a financial holding company.
-Effective, June 27, 2014

Membership

Kansas City
CornerBank, National Association, Winfield, Kansas -- to retain membership in the Federal Reserve System on conversion from a national to a state charter.
-Approved, June 25, 2014

Kansas City
Investors National Bank (to be known as Investors Bank), Chillicothe, Missouri -- to retain membership in the Federal Reserve System on conversion from a national to a state charter.
-Approved, June 25, 2014

Chicago
Page County Federal Savings Association (to be known as Cornerstone Bank), Clarinda, Iowa -- to become a member of the Federal Reserve System.
-Approved, June 25, 2014

Savings and Loan Holding Companies

General Counsel
Nationwide Mutual Insurance Company, Columbus, Ohio; Nationwide Corporation; and Nationwide Financial Services, Inc. -- request for an exemption under the Depository Institution Management Interlocks Act and Regulation LL.
-Granted, June 25, 2014

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