Actions under delegated authority

Actions taken during the week ending August 27, 2016

Bank Branches, Domestic

Richmond

Bank of the James, Lynchburg, Virginia -- to establish a branch at 180 Old Courthouse Road, Appomattox.
-Approved, August 26, 2016

Boston

Bank Rhode Island, Providence, Rhode Island -- to establish a branch at 132 East Main Road, Middletown.
-Approved, August 25, 2016

Secretary

SunTrust Bank, Atlanta, Georgia -- to establish branches at 157 Ritchie Highway, Severna Park, Maryland, and 2591 Blackmon Drive, Decatur, Georgia.
-Approved, August 25, 2016

Bank Holding Companies

Kansas City

Adage, LLC, Ogallala, Nebraska -- to become a bank holding company by acquiring shares of Adbanc, Inc., Ogallala, and its subsidiary, Adams Bank & Trust.
-Approved, August 25, 2016

Minneapolis

The Bridger Company, Bridger, Montana -- to acquire Montana State Bank, Plentywood.
-Approved, August 26, 2016

Richmond

DCB Bancshares, Inc., Damascus, Maryland -- to become a bank holding company by acquiring Damascus Community Bank, Damascus.
-Approved, August 26, 2016

Boston

Independent Bank Corp., Rockland, Massachusetts -- waiver of application to acquire through merger New England Bancorp, Inc., Hyannis, in connection with the merger of their subsidiaries, Bank of Cape Cod, Hyannis, with and into Rockland Trust Company, Rockland.
-Withdrawn, August 23, 2016

San Francisco

Luther Burbank Corporation, Santa Rosa, California -- to become a bank holding company upon the conversion of Luther Burbank Savings, Santa Rosa, from a savings bank to a commercial bank.
-Approved, August 25, 2016

St. Louis

OakStar Bancshares, Inc., Springfield, Missouri -- to acquire Bancshares of Urbana, Inc., Urbana, and thereby indirectly acquire The Bank of Urbana; and for OakStar Bank, Springfield, to merge with The Bank of Urbana, Urbana, and to retain the acquired facilities as branches.
-Approved, August 26, 2016

Banks, State Member

Director, BS&R

Western Alliance Bank, Phoenix, Arizona -- to make a public welfare investment.
-Approved, August 24, 2016

Change in Bank Control

San Francisco

Mission Valley Bancorp, Sun Valley, California -- change in bank control of Mission Valley Bancorp and its subsidiary, Mission Valley Bank, Sun Valley.
-Permitted, August 22, 2016

Extensions of Time

Chicago

County Bank Corp, Lapeer, Michigan -- extension to September 3, 2016, to merge with Capac Bancorp, Inc., Capac; and for LaPeer County Bank & Trust Company, LaPeer, to merge with CSB Bank, Capac, and thereby establish branches.
-Granted, August 25, 2016

Financial Holding Companies

Kansas City

Adbanc, Inc., Ogallala, Nebraska -- election to become a financial holding company.
-Effective, August 25, 2016

Membership

Dallas

Commercial State Bank, Andrews, Texas -- to become a member of the Federal Reserve System.
-Approved, August 24, 2016