Board Actions

Actions taken during the week ending February 9, 2008

Bank Holding Companies

Royal Bank of Canada, Montreal, Canada, and RBC Centura Banks, Inc., Raleigh, North Carolina -- to acquire Alabama National BanCorporation, Birmingham, Alabama, and its ten subsidiary banks.
-Approved, February 4, 2008

Enforcement

Salin Bank and Trust Company, Indianapolis, Indiana -- written agreement with the Federal Reserve Bank of Chicago and the Indiana Department of Financial Institutions.
-Announced, February 4, 2008

Regulations And Policies

Regulations D (Reserve Requirements of Depository Institutions) and I (Issue and Cancellation of Federal Reserve Bank Capital Stock) -- publication for comment of amendments that would permit member banks to pass their required reserve balances through a correspondent, simplify transfer limitations on savings deposits, and reorganize and update both regulations (Docket No. R-1307).
-Approved, February 5, 2008