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 September 13, 2008


Bank Branches, Domestic

Richmond
The Bank of Marion, Marion, Virginia  -- to establish a branch at 2975 Lee Highway, Bristol.
-Approved, September 11, 2008 

Minneapolis
Dacotah Bank, Aberdeen, South Dakota  -- to establish a branch at 1441 6th Street, Brookings.
-Approved, September 8, 2008 

Richmond
The Fauquier Bank, Warrenton, Virginia  -- to establish a branch at 10250 Bristow Center Drive, Bristow.
-Approved, September 8, 2008 

Atlanta
Franklin Synergy Bank, Franklin, Tennessee  -- to establish a branch at 134 4th Avenue North, Franklin.
-Approved, September 10, 2008 

Richmond
John Marshall Bank, Falls Church, Virginia  -- to establish branches at 12165 Darnestown Road, Gaithersburg, Maryland, and 818 South King Street, Leesburg, Virginia.
-Approved, September 11, 2008 

Atlanta
Palm Beach Community Bank, Boynton Beach, Florida  -- to establish a branch at 7300 Lake Worth Road, Lake Worth.
-Approved, September 10, 2008 

Bank Holding Companies

Atlanta
Altrust Financial Services, Inc., Cullman, Alabama  -- to acquire Generation Bank (in organization), Centre.
-Approved, September 11, 2008 

Atlanta
Banco de Sabadell, S.A., Sabadell, Spain, and TransAtlantic Holding Corp., Miami, Florida  -- to engage de novo, through a newly formed subsidiary, Interstate Property Holdings, LLC, Miami, in making, acquiring, brokering, or servicing loans or other extensions of credit.
-Approved, September 12, 2008 

St. Louis
First Cecilian Bancorp, Inc., Cecilia, Kentucky  -- to engage in lending activities.
-Approved, September 12, 2008 

Chicago
First Community Financial Partners, Inc., Joliet, Illinois  -- to acquire shares of First Community Bank of Plainfield (in organization), Plainfield.
-Approved, September 9, 2008 

Atlanta
First Freedom Bancshares, Inc., Lebanon, Tennessee  -- to become a bank holding company and to acquire First Freedom Bank, Lebanon.
-Approved, September 8, 2008 

Dallas
Lone Star First Holdings, Inc., Dallas, Texas  -- to become a bank holding company and to acquire Kent County State Bank, Jayton.
-Returned, September 9, 2008 

Atlanta
One South Financial, Inc., Blakely, Georgia  -- to acquire One South Bank (in organization), Chipley, Florida, and thereby engage in operating a savings association.
-Approved, September 8, 2008 

Chicago
Premier Bancorp of Illinois, Inc., Farmer City, Illinois  -- to retain shares of FM Bancorp, Inc., Paxton, and thereby indirectly retain shares of Farmers-Merchants National Bank of Paxton and TriCapital, L.L.C., Indianapolis, Indiana, and to continue engaging in credit-extending and loan-servicing activities.
-Approved, September 8, 2008 

Bank Mergers

Secretary
SunTrust Bank, Atlanta, Georgia  -- to purchase certain assets and assume certain liabilities of First Priority Bank, Bradenton, Florida, and waiver of publication and notice requirements with respect to the application.
-Approved, September 11, 2008 

Bank Premises

Cleveland
The Richwood Banking Company, Inc., Richwood, Ohio  -- request to exceed the limit on investment in bank premises.
-Approved, September 4, 2008  (AC)

Change In Bank Control

San Francisco
City National Corporation, Beverly Hills, California  -- change in bank control of City National and its subsidiary bank, City National Bank, Beverly Hills.
-Permitted, September 11, 2008 

Minneapolis
Quality Bankshares, Inc., Fingal, North Dakota  -- change in bank control of Quality Bankshares and its subsidiary bank, Quality Bank, Fingal.
-Permitted, September 9, 2008 

Extensions Of Time

Minneapolis
First Community Bank, Glasgow, Montana  -- extension to September 24, 2009, to establish a branch at 2150 Amsterdam Road, Belgrade.
-Granted, September 11, 2008 

Minneapolis
NOVA European Holdings Company, Minneapolis, Minnesota  -- extension to September 29, 2009, to invest in Elavon Financial Services Limited, Dublin, Ireland.
-Granted, September 8, 2008 

Membership

St. Louis
Farmers Bank & Trust Company, Magnolia, Arkansas  -- to become a member of the Federal Reserve System.
-Approved, September 12, 2008 

Regulations And Policies

Secretary
Regulation CC  -- technical amendments to Appendix A to reflect the restructuring of check processing operations in the Atlanta Reserve District.
-Approved, September 8, 2008 


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