Board Actions

Federation Nationale du Credit Agricole, Paris, France, and SAS Rue La Boetie  -- to become bank holding companies and thereby retain control of Espirito Santo Bank, Miami, Florida, through their subsidiary, Credit Agricole S.A., Paris, France; and for Calyon, S.A., a subsidiary of Credit Agricole S.A., to establish a branch in Los Angeles, California.
-Approved, September 8, 2006 

Bank of Gassaway, Gassaway, West Virginia  -- written agreement dated October 21, 2003, terminated September 5, 2006.
-Announced, September 6, 2006 

The Community State Bank, Poteau, Oklahoma  -- written agreement dated October 14, 2004, terminated August 15, 2006.
-Announced, September 6, 2006 

Federation Nationale du Credit Agricole, Paris, France, SAS Rue la Boetie, Credit Agricole S.A., and Calyon, S.A.  -- elections to become or to be treated as financial holding companies.
-Effective, September 8, 2006 

Basel Capital Accord  -- interagency notices of proposed rulemaking (1) to implement the Basel II risk-based capital requirements in the United States for large, internationally active banking organizations (Docket No. R-1261) and (2) to enhance the sensitivity of the market risk capital rules and require public disclosures of certain qualitative and quantitative market risk information (Docket No. R-1266).
-Announced, September 5, 2006