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 November 24, 2007


Bank Branches, Domestic

St. Louis
Arvest Bank, Fayetteville, Arkansas  -- to purchase the assets and assume the liabilities of the Grove, Oklahoma, branch of Grand Bank, Tulsa, and to consolidate the facility with an Arvest Bank branch.
-Approved, November 19, 2007 

San Francisco
Bank of Hawaii, Honolulu, Hawaii  -- to establish an in-store branch at Star Markets Mililani, 95-1249 Meheula Parkway, Mililani.
-Approved, November 20, 2007 

Chicago
Cole Taylor Bank, Chicago, Illinois  -- to establish a branch at 20 S. Clark Street.
-Approved, November 21, 2007 

Secretary
Comerica Bank, Detroit, Michigan  -- to establish branches at 2416 Central Avenue, Alameda, California, and 1200 Broadway, Oakland.
-Approved, November 21, 2007 

Cleveland
Fifth Third Bank, Grand Rapids, Michigan  -- to establish a branch at 766 North Sun Drive, Lake Mary, Florida.
-Approved, November 21, 2007 

San Francisco
Liberty Bank, South San Francisco, California  -- to establish a branch at 6222 Highway 9, Felton.
-Approved, November 21, 2007 

Secretary
Manufacturers and Traders Trust Company, Buffalo, New York  -- to purchase certain assets and assume certain liabilities of twenty branches of First Tennessee Bank National Association Memphis, Memphis, Tennessee, and to establish branches of M&T Bank at four locations in Maryland and nine locations in Virginia.
-Approved, November 21, 2007 

Richmond
Second Bank & Trust, Fredericksburg, Virginia  -- to establish a branch at 3900 Westerre Parkway, Suite 102, Richmond.
-Approved, November 23, 2007 

Bank Holding Companies

Director, BS&R
The Bank of New York, New York, New York; and Mellon Bank, N.A., Pittsburgh, Pennsylvania  -- waiver of remainder of notification period for The Bank of New York and Mellon Bank, N.A. to make additional investments in BNY Mellon GSS Acquisition Company, Amsterdam, Netherlands; and for Mellon to invest in GSS Holdings S.a.r.l., Luxembourg, Luxembourg.
-Granted, November 19, 2007 

Secretary
Belvedere Capital Fund II L.P. and Belvedere Capital Partners II LLC, San Francisco, California  -- to acquire through their subsidiary, Belvedere SoCal, all the shares of Spectrum Bank, Irvine.
-Approved, November 23, 2007 

Boston
Camden National Corporation, Camden, Maine  -- waiver of application to acquire Union Bankshares Company, Ellworth, and its subsidiary bank, Union Trust Company.
-Granted, November 20, 2007 

Chicago
Capitol Bancorp, Ltd. and Capital Development Bancorp Limited VI, Lansing, Michigan  -- to acquire additional interests in Bank of Fort Bend (in organization), Sugar Land, Texas, and thereby operate a savings association.
-Approved, November 20, 2007 

Secretary
First Interstate BancSystem, Inc., Billings, Montana  -- to acquire First Western Bank, Wall, South Dakota, and The First Western Bank Sturgis, Sturgis.
-Approved, November 20, 2007 

Director, BS&R
Meridian Financial Services, Incorporated and Meridian Interstate Bancorp, Inc., Boston, Massachusetts  -- relief from commitments related to a proposed issuance of stock by a bank holding company owned by a mutual holding company.
-Granted, November 21, 2007 

Bank Mergers

St. Louis
Home Bancshares, Inc., Conway, Arkansas  -- to merge with Centennial Bancshares, Inc., Little Rock, and thereby indirectly acquire Centennial Bank, Kingsland.
-Approved, November 19, 2007 

Change In Bank Control

Kansas City
First Financial Services, Inc., Falls City, Nebraska  -- change in bank control of the parent company of First National Bank and Trust Company.
-Permitted, November 21, 2007 

Extensions Of Time

Chicago
C-B-G, Inc., West Liberty, Louisiana  -- extension to February 24, 2008, to increase its investment in Washington Bancorp, Washington, Iowa, and thereby increase its indirect interest in Federation Bank.
-Granted, November 20, 2007 

Dallas
Kilgore National Financial Corporation, Kilgore, Texas  -- extension to February 1, 2008, to become a bank holding company and to acquire Kilgore National Bank.
-Granted, November 19, 2007 

Financial Holding Companies

Atlanta
Highlands Independent Bancshares, Inc., Sebring, Florida  -- election to become a financial holding company.
-Approved, November 19, 2007 

New York
HSBC Holdings plc, New York, New York  -- to indirectly acquire control of KEB USA International Corp. and KEB NY Financial Corp. and KEB LA Financial Corp., Los Angeles, California, and thereby engage in commercial finance and money transmittal and servicing activities.
-Approved, November 23, 2007 

Membership

Minneapolis
The First National Bank of Blue Earth, Blue Earth, Minnesota  -- to become a member of the Federal Reserve System d/b/a First Bank Blue Earth.
-Approved, November 21, 2007 

Regulations And Policies

FOMC
Federal Open Market Committee  -- minutes of the meeting held on October 30-31, 2007.
-Published, November 20, 2007 


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