FRB: H.2--Actions under delegated authority--Week ending December 30, 2006

Community Banks of Colorado, Greenwood Village, Colorado -- to establish branches at 2460 F Road, Grand Junction; and 100 West Colorado Avenue, Telluride.
-Approved, December 26, 2006

Hanmi Bank, Los Angeles, California -- to establish a branch at 9759 Baseline Road, Rancho Cucamonga.
-Approved, December 28, 2006

Sun American Bank, Boca Raton, Florida -- to establish a branch at 350 Southeast Second Street, Fort Lauderdale.
-Approved, December 28, 2006

Sun American Bank, Boca Raton, Florida -- to establish branches at 2160 West Atlantic Avenue, Delray Beach, and 11381 Prosperity Farms Road, Palm Beach Gardens, in the Prosperity Oaks assisted living facility.
-Approved, December 28, 2006

Bank Holding Companies

Alerus Financial Corporation, Grand Forks, North Dakota -- to acquire Alerus Interim, National Association, Minnetonka, Minnesota, in connection with the merger of Alerus Interim, National Association, and Stanton Trust Company, National Association, and the merger of the resulting institution with Alerus Financial, National Association, Grand Forks, North Dakota.
-Approved, December 22, 2006 (AC)

Highland Financial Services, Inc., Marietta, Georgia -- to become a bank holding company and to acquire Highland Commercial Bank.
-Approved, December 27, 2006

M&T Bank Corporation, Buffalo, New York -- to make a public welfare investment as a limited partner in Enterprise Housing Partners XIV Limited Partnership, Columbia, Maryland.
-Approved, December 28, 2006

Metropolitan Capital Bancorp, Inc., Chicago, Illinois -- to engage de novo in extending credit and servicing loans.
-Approved, December 28, 2006

NHB Holdings, Inc., Jacksonville, Florida -- to become a bank holding company and to acquire Volvo Commercial Credit Corp. of Utah, Salt Lake City, to be renamed Globility Bank.
-Approved, December 29, 2006

NHB Holdings, Inc., Jacksonville, Florida -- to engage de novo in mortgage lending activities through the acquisition of 50.1 percent of the shares of a limited liability company to be formed.
-Approved, December 29, 2006

Reserve Financial Associates, LLC, Columbus, Ohio; Sofia Financial Associates, LLC; Skilken Financial, LLC; and RFA Acquisition Company, Inc., Naples, Florida -- to become a multi-tiered bank holding company structure and to acquire Business Bank of Florida Corp., Melbourne, and Florida Business Bank.
-Approved, December 29, 2006

Wauwatosa Holdings, Inc., Wauwatosa, Wisconsin -- temporary relief from certain commitments.
-Granted, December 20, 2006 (AC)

Zions Bancorporation, Salt Lake City, Utah -- waiver of application to acquire The Stockmen's Bancorp, Inc., Kingman, Arizona, and The Stockmen's Bank.
-Granted, December 27, 2006

Banks, National

KeyBank, National Association, Cleveland, Ohio -- to invest in excess of 10 percent of its capital and surplus in its agreement corporations, and waiver of remainder of notification period to make additional investments, through Key Equipment Finance International, Inc., Superior, Colorado, in Key Nova Scotia Funding Company, Halifax, Nova Scotia, Canada, and Key Canada Funding Ltd., Calgary, Alberta.
-Approved, December 18, 2006 (AC)

Change In Bank Control

Belle Fourche Bancshares, Inc., Spearfish, South Dakota -- to retain control of Belle Fourche Bancshares, Inc.
-Permitted, December 28, 2006

Wilber Co., Wilber, Nebraska -- change in bank control.
-Permitted, December 29, 2006

Extensions Of Time

Colorado Community Bank, Yuma, Colorado -- extension to January 7, 2007, to establish a branch at 4625 Trail Boss Drive, Castle Rock.
-Granted, December 27, 2006

United Citizens Bancorp, Inc., Columbia, Kentucky -- extension to March 29, 2007, to become a bank holding company and to acquire United Citizens Bank of Southern Kentucky, Inc.
-Granted, December 29, 2006

Regulations And Policies

Regulation C -- annual notice of the asset-size exemption threshold for depository institutions under the Home Mortgage Disclosure Act (Docket No. R-1275).
-Approved, December 20, 2006 (AC)

Actions under delegated authority

Actions taken during the week ending December 30, 2006

Bank Branches, Domestic

Bank Holding Companies

Banks, National

Change In Bank Control

Extensions Of Time

Regulations And Policies