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 10, 2015


Bank Branches, Domestic

San Francisco
Commonwealth Business Bank, Los Angeles, California -- to establish a branch at 3030 Lyndon B. Johnson Freeway, Dallas, Texas.
-Approved, October 9, 2015

Richmond
First Bank, Troy, North Carolina -- to establish a branch at 639 West 15th Street, Washington.
-Approved, October 8, 2015

Chicago
Rolling Hills Bank & Trust, Atlantic, Iowa -- to establish a branch at 1404 16th Street, Wheatland, Wyoming.
-Approved, October 8, 2015

Cleveland
The Twin Valley Bank, West Alexandria, Ohio -- to establish a branch at 251 West Washington-Jackson Road, Eaton.
-Approved, October 7, 2015

Bank Holding Companies

Richmond
CCB Bankshares, Inc., South Hill, Virginia -- to become a bank holding company by acquiring Citizens Community Bank, South Hill.
-Approved, October 8, 2015

Kansas City
Central Bancshares of Kansas City, Inc., Kansas City, Missouri -- to engage in community development activities.
-Approved, October 9, 2015

Atlanta
Flagler Bancshares Corporation, North Palm Beach, Florida -- to become a bank holding company by acquiring Flagler Bank, West Palm Beach.
-Approved, October 8, 2015

Dallas
Independent Bank Group, Inc., McKinney, Texas -- to acquire Grand Bank, Dallas.
-Approved, October 5, 2015

Chicago
Portage County Bancshares, Inc., Almond, Wisconsin -- to acquire Bancroft State Bank, Bancroft, which will subsequently merge with and into Portage County Bank, Almond.
-Approved, October 5, 2015

Bank Mergers

Philadelphia
First Citizens Community Bank, Mansfield, Pennsylvania -- to merge with The First National Bank of Fredericksburg, Fredericksburg, through acquisition of assets and assumption of liabilities.
-Approved, October 7, 2015

Chicago
Washington State Bank, Washington, Iowa -- to purchase certain assets and assume certain liabilities of Columbus Junction State Bank, Columbus Junction, and thereby establish a branch.
-Approved, October 8, 2015

Banks, Foreign

San Francisco
KasikornBank Public Company Limited, Bangkok, Thailand -- to establish a representative office in Los Angeles, California, as part of the downgrading of its Los Angeles agency office.
-Returned, October 5, 2015

Director, BS&R
Royal Bank of Canada, Montreal, Canada -- to establish a limited federal branch in Jersey City, New Jersey.
-Approved, October 8, 2015

Banks, Nonmember, and Miscellaneous Institutions

Director, BS&R
EJF Capital LLC, Arlington, Virginia -- relief from certain commitments.
-Granted, October 6, 2015

Change in Bank Control

Chicago
First Independence Corporation, Detroit, Michigan -- to retain control of First Independence Corporation and its subsidiary, First Independence Bank, Detroit.
-Withdrawn, October 5, 2015

Richmond
Independence Bancshares, Inc., Greenville, South Carolina -- change in bank control of Independence Bancshares, Inc. and its subsidiary, Independence National Bank, Greenville.
-Withdrawn, October 7, 2015

Richmond
Palmetto Heritage Bancshares, Inc., Pawleys Island, South Carolina -- change in bank control of Palmetto Heritage Bancshares, Inc. and its subsidiary, Palmetto Heritage Bank & Trust, Pawleys Island.
-Permitted, October 9, 2015

Minneapolis
Signature Bancshares, Inc., Minnetonka, Minnesota -- to retain control of Signature Bancshares, Inc. and its subsidiary, Signature Bank, Minnetonka.
-Permitted, October 7, 2015

Extensions of Time

Secretary
Goldman Sachs Bank USA, New York, New York -- extension to October 30, 2015, of the comment period on the application to assume certain liabilities and acquire certain assets of GE Capital Bank, Holladay, Utah.
-Granted, October 5, 2015

Financial Holding Companies

Kansas City
Tri-County Financial Corporation, Wellington, Kansas -- election to become a financial holding company.
-Effective, October 5, 2015

Savings and Loan Holding Companies

Director, BS&R
Financial Services Partners Fund I LLC, Washington, D.C.; Hovde Acquisition I, LLC; et al. -- relief from certain commitments.
-Granted, October 5, 2015

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