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 October 14, 2006


Bank Branches, Domestic

Atlanta
AmSouth Bank, Birmingham, Alabama  -- to establish branches at 5252 Ehrlich Road, Tampa, Florida; 15351 Amberly Drive; 501/503 Manatee Avenue, Holmes Beach; at the intersections of Dale Mabry Highway and Van Dyke Road, Lutz; Monument Road and Trednick Road, Jacksonville; Palm Harbor Boulevard and Alderman Road, Palm Harbor; Maguire and Moore Roads, Ocoee; Collier Boulevard and Lely Cultural Parkway, Naples; at the Shoppes at Amelia Concourse, State Road 200, Yulee; and on US 441 near Wal-Mart, Mount Dora.
-Approved, October 11, 2006 

Secretary
Capital City Bank, Tallahassee, Florida  -- to establish a branch at 5981 Zebulon Road, Macon, Georgia.
-Approved, October 11, 2006 

Secretary
Comerica Bank, Detroit, Michigan  -- to establish branches at 49 El Camino Real, Millbrae, California, and 4950 North Garland Avenue, Garland, Texas.
-Approved, October 12, 2006 

Richmond
HomeTown Bank, Roanoke, Virginia  -- to establish a branch at 4227 Colonial Avenue.
-Approved, October 10, 2006 

Chicago
M&I Marshall & Ilsley Bank, Milwaukee, Wisconsin  -- to establish branches at 9600 Colorado Lane North, Brooklyn Park, Minnesota, and 3195 South McCall Road, Englewood, Florida.
-Approved, October 12, 2006 

Secretary
SunTrust Bank, Atlanta, Georgia  -- to establish branches at 1675 Northwest St. Lucie West Boulevard, Port St. Lucie, Florida, and 1401-A Pulaski Highway, Edgewood, Maryland.
-Approved, October 12, 2006 

Bank Holding Companies

St. Louis
Ashley Bancstock Company, Crosset, Arkansas  -- to acquire First Community Bank of Crawford County, Van Buren.
-Approved, October 12, 2006 

San Francisco
Cathay General Bancorp, Los Angeles, California  -- waiver of application to merge with New Asia Bancorp, Inc., Chicago, Illinois, in connection with the merger of New Asia Bank and Cathay Bank, Los Angeles, California.
-Granted, October 12, 2006 

Chicago
ChoiceOne Financial Services, Inc., Sparta, Michigan  -- to merge with Valley Ridge Financial Corp., Kent City, and thereby acquire Valley Ridge Bank; and for ChoiceOne Bank, Sparta, to merge with Valley Ridge Bank, Kent City, and thereby establish branches.
-Approved, October 13, 2006 

Kansas City
Columbine Capital Corp., Buena Vista, Colorado  -- to become a bank holding company and to acquire Collegiate Peaks Bank, and for Collegiate Peaks Bank to become a member of the Federal Reserve System.
-Approved, October 11, 2006 

St. Louis
Community First Bancorp, Inc., Fairview Heights, Illinois  -- to become a bank holding company and to acquire Community First Bank.
-Approved, October 12, 2006 

Atlanta
Cornerstone Bancorp, Inc., St. Petersburg, Florida  -- to become a bank holding company and to acquire Cornerstone Community Bank.
-Approved, October 12, 2006 

Atlanta
Florida Shores Bancorp, Inc., Pompano Beach, Florida; Smith & Associates Florida Fund LLC, and Smith & Associates Fund Management LLC  -- to become a multi-tiered bank holding company and to acquire 60 percent of the shares of Florida Shores Bank-Southeast, a de novo bank.
-Approved, October 10, 2006 

Chicago
Inland Bancorp Holding Company, Oak Brook, Illinois  -- to acquire Cambank, Inc., Lake Zurich, and thereby acquire its subsidiary, Cambridge Bank.
-Approved, October 13, 2006 

Minneapolis
Minnwest Corporation, Minnetonka, Minnesota  -- to acquire Aumanchester, Inc., Rochester, and its subsidiary, Rochester Bank.
-Approved, October 12, 2006 

Atlanta
Private Bancshares, Inc., Atlanta, Georgia  -- to become a bank holding company and to acquire Private Bank of Buckhead, a de novo bank.
-Approved, October 10, 2006 

Atlanta
Superior Bancorp, Birmingham, Alabama  -- waiver of application in connection with the merger with Community Bancshares, Inc., Blountsville, and Community Bank.
-Granted, October 13, 2006 

Atlanta
Traders & Farmers Bancshares, Inc., Haleyville, Alabama  -- to become a bank holding company and to acquire Traders & Farmers Bank.
-Approved, October 12, 2006 

Bank Mergers

St. Louis
First Bank, St. Louis, Missouri  -- to purchase certain assets and assume certain liabilities of the Beverly Hills, California, branch of First Bank of Beverly Hills, Calabasas, and thereby establish a branch.
-Approved, October 12, 2006 

Cleveland
Sky Financial Group, Inc., Bowling Green, Ohio  -- to acquire Wells River Bancorp, Inc., Wellsville, and thereby acquire Perpetual Savings Bank; and for Perpetual Savings Bank to become a member of the Federal Reserve System and to merge with Sky Bank, Bowling Green.
-Approved, October 10, 2006 

Bank Premises

Richmond
The Bank of Monroe, Union, West Virginia  -- to increase its investment in bank premises.
-Approved, October 11, 2006 

Competitive Factors Reports

Richmond
Carter Bank & Trust, Martinsville, Virginia, a de novo bank  -- report on competitive factors of the proposed merger with several affiliates.
-Submitted, October 13, 2006 

New York
Chase Bank USA, National Association, Newark, Delaware  -- report on competitive factors of the proposed acquisition by merger of Pier 1 National Bank, Omaha, Nebraska.
-Submitted, October 12, 2006 

Dallas
Enterprise Bank, Houston, Texas  -- report on competitive factors of the proposed merger with Texas Premier Bank, National Association, Brookshire.
-Submitted, October 13, 2006 

Minneapolis
First Bank & Trust, Brookings, South Dakota  -- report on competitive factors of the proposed acquisition of the Toronto branch of Bankfirst, Sioux Falls.
-Submitted, October 10, 2006 

New York
Indus American Bank, Iselin, New Jersey  -- report on competitive factors of the proposed purchase of certain assets and assumption of certain liabilities of the Port Chester, New York, branch of New York Community Bank, Flushing.
-Submitted, October 12, 2006 

St. Louis
Merchants and Farmers Bank, Kosciusko, Mississippi  -- report on competitive factors of the proposed merger with Tri-County Bank, Trenton, Florida.
-Submitted, October 10, 2006 

St. Louis
Meridian Bank, Eldred, Illinois  -- report on competitive factors of the proposed purchase of certain assets and assumption of certain liabilities of the Carlyle and Altamont branches of Midland States Bank, Effingham.
-Submitted, October 11, 2006 

Boston
Mutual Federal Savings Bank of Plymouth County, Whitman, Massachusetts  -- report on competitive factors of the proposed acquisition of Security Federal Savings Bank, Brockton.
-Submitted, October 13, 2006 

Kansas City
RCB Bank, Claremore, Oklahoma  -- report on competitive factors of the proposed merger with Bank of Nichols Hills, Oklahoma City.
-Submitted, October 12, 2006 

Minneapolis
TCF National Bank, Wayzata, Minnesota  -- report on competitive factors of the proposed merger with TCF Mortgage Corporation, Minneapolis.
-Submitted, October 12, 2006 

Dallas
Texas Bank, Brownwood, Texas  -- report on competitive factors of the proposed acquisition of the Brownwood branch of First State Bank Central Texas, Temple.
-Submitted, October 10, 2006 

Minneapolis
Unity Bank East, Rush City, Minnesota  -- report on competitive factors of the proposed merger with Unity Bank, National Association, Crosby, and Unity Bank Central, Staples.
-Submitted, October 13, 2006 

Extensions Of Time

Atlanta
Compass Bank, Birmingham, Alabama  -- extension to December 2, 2007, to establish a branch at 2650 East Southlake Boulevard, Southlake, Texas.
-Granted, October 11, 2006 

Chicago
Prairieland Bancorp Employee Stock Ownership Plan and Trust, Bushnell, Illinois  -- extension to February 2, 2007, to increase its ownership from 44.80 percent to 49.67 percent of the shares of Prairieland Bancorp, Inc., and thereby increase its ownership of Prairieland's subsidiary, Farmers and Merchants State Bank of Bushnell.
-Granted, October 10, 2006 

Membership

Chicago
Labe Bank, Chicago, Illinois  -- to become a member of the Federal Reserve System.
-Approved, October 13, 2006 

Regulations And Policies

FOMC
Federal Open Market Committee  -- minutes of the meeting on September 20, 2006.
-Published, October 11, 2006 


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