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 2, 2007


Bank Branches, Domestic

Richmond
Bank of the Commonwealth, Norfolk, Virginia  -- to establish a branch at Out-Parcel A, Red Mill Walk, Upton Drive, Virginia Beach.
-Approved, May 31, 2007 

Richmond
Chesapeake Bank, Kilmarnock, Virginia  -- to establish a branch between 608 and 644 North Main Street.
-Approved, May 31, 2007 

St. Louis
First State Bank of DeQueen, DeQueen, Arkansas  -- to establish a branch at 202 Main Street, Dierks.
-Approved, May 31, 2007 

St. Louis
First State Bank of DeQueen, DeQueen, Arkansas  -- to establish a branch at 201 South Washington Avenue, Murfreesboro.
-Approved, May 31, 2007 

Atlanta
Regions Bank, Birmingham, Alabama  -- to establish branches at the intersection of Highway 31 and I-65, Alabaster; 887 East Altamonte Drive, Altamonte Springs, Florida; 11883 Indian Rocks Road, Largo; the intersection of Stoneybrook Parkway and Avalon Boulevard, Winter Garden; and 13832 Landstar Boulevard, Orlando.
-Approved, May 30, 2007 

Atlanta
Regions Bank, Birmingham, Alabama  -- to establish a branch at the intersection of Highway 11-E and Clear Creek Road, Bristol, Tennessee.
-Withdrawn, May 31, 2007 

Secretary
SunTrust Bank, Atlanta, Georgia  -- to establish a branch at 2545 Military Trail, Jupiter, Florida.
-Approved, May 29, 2007 

Bank Holding Companies

New York
Banco Bilbao Vizcaya Argentaria, S.A., Bilbao, Spain  -- to acquire Compass Bancshares, Inc., Birmingham, Alabama, and thereby acquire its subsidiaries, Compass Bank and Central Bank of the South, Anniston; for Compass Bancshares' subsidiary, Circle Merger Corp., Birmingham, to become a bank holding company and to acquire Compass Bancshares; and for Banco Bilbao Vizcaya Argentaria's subsidiary, Blue Transaction Corporation, The Woodlands, Texas, to become a bank holding company through the merger of Circle Merger Corp. and Blue Transaction Corporation.
-Approved, May 31, 2007 

Boston
BankFive, MHC, Fall River, Massachusetts, and BankFive Corporation  -- to acquire New Bedford Community Bancorp, New Bedford, and its subsidiary, Luzo Community Bank.
-Approved, June 1, 2007 

Kansas City
Commerce Bancshares, Inc., Kansas City, Missouri, and CBI Kansas  -- waiver of application in connection with the merger of Commerce Bank, N.A., and Commerce Bank, Aurora, Colorado.
-Granted, May 31, 2007 

Atlanta
CSB&T Bancorp, Inc., Nashville, Tennessee  -- to become a bank holding company and to acquire Citizens Savings Bank and Trust Company.
-Withdrawn, May 31, 2007 

Minneapolis
First American Investment, Inc., Lake Elmo, Minnesota  -- to become a bank holding company and to acquire First American Bank, National Association, Hudson, Wisconsin, a de novo bank.
-Approved, May 29, 2007 

New York
Orange County Bancorp, Middletown, New York  -- to acquire Orange County Trust Company.
-Approved, June 1, 2007 

Bank Mergers

Secretary
1st Bank, Sidney, Montana  -- to purchase certain assets and assume certain liabilities of the Broadus branch of Rocky Mountain Bank, Billings, and thereby establish a branch.
-Approved, June 1, 2007 

Change In Bank Control

Minneapolis
Bloomer Bancshares, Inc., Bloomer, Wisconsin  -- to retain control of Bloomer Bancshares, Inc.
-Permitted, May 30, 2007 

Dallas
Country Holding Corp., Austin, Texas  -- to retain control of Country Holding Corp.
-Permitted, May 31, 2007 

San Francisco
Innovative Bancorp, Oakland, California  -- to retain control of Innovative Bancorp.
-Returned, May 31, 2007 

Extensions Of Time

Dallas
A.N.B. Holding Company, Ltd., Terrell, Texas  -- extension to September 13, 2007, to acquire 30 percent of the shares of The ANB Corporation, ANB Delaware Corporation, and its subsidiary, American National Bank.
-Granted, June 1, 2007 

Philadelphia
HNB Bancorp, Inc., Halifax, Pennsylvania  -- extension to August 28, 2007, to become a bank holding company and to acquire Halifax National Bank.
-Granted, May 30, 2007 

Boston
New England Bancshares, Inc., Enfield, Connecticut  -- extension to July 31, 2007, to acquire First Valley Bancorp, Inc., Bristol, and Valley Bank, and to retain Enfield Federal Savings and Loan Association, Enfield.
-Granted, May 29, 2007 

Financial Holding Companies

New York
Apple Financial Holdings, Inc., New York, New York  -- election to become a financial holding company.
-Effective, May 29, 2007 

Atlanta
First Trust Corporation, New Orleans, Louisiana  -- election to become a financial holding company.
-Effective, May 31, 2007 

Chicago
Great River Financial Group, Inc., Burlington, Iowa  -- election to become a financial holding company.
-Effective, May 31, 2007 

Membership

San Francisco
Capital Bank, San Juan Capistrano, California, a de novo bank  -- to become a member of the Federal Reserve System.
-Approved, May 30, 2007 

Atlanta
Foothills Bank & Trust, Maryville, Tennessee  -- to become a member of the Federal Reserve System.
-Approved, May 31, 2007 

Regulations And Policies

FOMC
Federal Open Market Committee  -- minutes of the meeting on May 9, 2007.
-Published, May 30, 2007 


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