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 February 21, 2009


Bank Branches, Domestic

Secretary
PNC Bank, Delaware, Wilmington, Delaware  -- to establish branches at 220 Town Center Drive, Millville; 19312 Lighthouse Plaza Boulevard, Rehoboth Beach; and 25939 John J. Williams Highway, Long Neck.
-Approved, February 19, 2009 

Richmond
TruPoint Bank, Grundy, Virginia  -- to establish a branch at 600 East Main Street, Abingdon.
-Approved, February 19, 2009 

Bank Holding Companies

Chicago
City State Bancorporation, Inc., Central City, Iowa  -- to become a bank holding company and to acquire shares of MSB Corporation, Central City, and thereby indirectly control City State Bank.
-Approved, February 17, 2009 

New York
Madison National Bancorp, Inc., Hauppauge, New York  -- to become a bank holding company and to acquire Madison National Bank, Hauppauge.
-Withdrawn, February 19, 2009 

Philadelphia
Penseco Financial Services Corporation, Scranton, Pennsylvania  -- waiver of application to acquire Old Forge Bank, Old Forge, in connection with its merger with Penseco's subsidiary bank, Penn Security Bank and Trust Company, Scranton.
-Granted, February 20, 2009 

Atlanta
Riverside Florida Holding Company, Cape Coral, Florida  -- to become a bank holding company and to acquire Riverside Bank of the Gulf Coast, Cape Coral.
-Withdrawn, February 20, 2009 

Change In Bank Control

Chicago
Community Holdings Corporation, Palos Hills, Illinois  -- change in bank control of Community and its subsidiary bank, Family Bank and Trust Company, Palos Hills.
-Permitted, February 18, 2009 

St. Louis
Mid America Banking Corporation, Columbia, Missouri  -- change in bank control of Mid America and its subsidiary bank, Mid America Bank & Trust Company, Dixon.
-Permitted, February 20, 2009 

Extensions Of Time

Kansas City
American Heritage Bank, Sapulpa, Oklahoma  -- extension to May 19, 2009, to establish a branch at the intersection of State Highway 117 (West 121st Street South) and South Vancouver Avenue, Glenpool.
-Granted, February 17, 2009 

Richmond
Coastal Carolina Bancshares, Inc., Myrtle Beach, South Carolina  -- extension to May 21, 2009, to become a bank holding company and to acquire Coastal Carolina National Bank (in organization), Myrtle Beach.
-Granted, February 19, 2009 

Chicago
Garnavillo Bank Corporation, Garnavillo, Iowa  -- extension to May 21, 2009, to engage in extending credit and servicing loans.
-Granted, February 19, 2009 

Chicago
Linden State Bank, Linden, Indiana  -- extension to May 7, 2009, to merge with Farmers State Bank, New Ross, and thereby establish four branches.
-Granted, February 18, 2009 

Financial Holding Companies

Director, BS&R
Eternity Holdings One Trust, Wilmington, Delaware, and Eternity Four-A Trust, Newark  -- elections to be treated as financial holding companies in connection with their indirect controlling interest in Bank Hapoalim B.M., Tel Aviv, Israel.
-Effective, February 18, 2009 

Dallas
First Fabens Bancorporation, Inc., Fabens, Texas  -- election to become a financial holding company.
-Effective, February 19, 2009 

International Operations

Director, BS&R
J.P. Morgan International Finance Limited, Newark, Delaware  -- to acquire First Data/Paymentech Canada Partner, ULC, Toronto, Canada, and thereby acquire an interest in Chase Paymentech Solutions.
-Approved, February 19, 2009 

Regulations And Policies

FOMC
Federal Open Market Committee  -- minutes of the meeting on January 27-28 and the conference call on January 16, 2009.
-Published, February 18, 2009 

Secretary
Regulation CC (Availability of Funds and Collection of Checks)  -- technical amendments to appendix A to reflect the restructuring of check processing operations in the Philadelphia and Richmond Federal Reserve Districts.
-Approved, February 13, 2009  (AC)


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