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 22, 2008


Bank Branches, Domestic

St. Louis
Arvest Bank, Fayetteville, Arkansas  -- to establish a branch at Highway 412 East and Butterfield Coach Trail, Springdale.
-Approved, November 21, 2008 

Dallas
Southwest Bank, Fort Worth, Texas  -- to establish a branch at 2200 West 7th Street, Fort Worth.
-Approved, November 21, 2008 

Secretary
SunTrust Bank, Atlanta, Georgia  -- to establish a branch at 8170 Stonewall Shops Square, Gainesville, Virginia.
-Approved, November 21, 2008 

Bank Holding Companies

Richmond
Bank of America Corporation, Charlotte, North Carolina, and NB Holdings Corporation  -- to acquire Bank of America Michigan, National Association (in organization), Troy, Michigan.
-Withdrawn, November 21, 2008 

Richmond
Bank of America Corporation, Charlotte, North Carolina, and NB Holdings Corporation  -- to acquire Bank of America Illinois, National Association (in organization), Chicago, Illinois.
-Withdrawn, November 21, 2008 

Richmond
Coastal Carolina Bancshares, Inc., Myrtle Beach, South Carolina  -- to become a bank holding company and to acquire Coastal Carolina National Bank (in organization), Myrtle Beach.
-Approved, November 21, 2008 

Chicago
Garnavillo Bank Corporation, Garnavillo, Iowa  -- to engage in extending credit and servicing loans.
-Approved, November 21, 2008 

Kansas City
The Grace Investment Company, Inc. ESOP, Alva, Oklahoma  -- to become a bank holding company and to acquire shares of Grace Investment Company, Inc. and thereby acquire Alva State Bank & Trust Company, Alva, and First National Bank in Okeene, Okeene.
-Approved, November 18, 2008 

Philadelphia
Harleysville National Corporation, Harleysville, Pennsylvania  -- to acquire Willow Financial Bancorp, Inc., Wayne.
-Approved, November 18, 2008 

Chicago
Hoosier Heartland State Bancorp, Crawfordsville, Indiana  -- to become a bank holding company and to acquire Linden State Bancorp, Linden, and thereby acquire Linden State Bank, and to acquire New Ross Bancorp, New Ross, and thereby acquire Farmers State Bank.
-Approved, November 18, 2008 

Chicago
National Bancshares, Inc., Bettendorf, Iowa  -- waiver of application to acquire First Wisconsin Bank and Trust, Brookfield, Wisconsin, in connection with its merger with National's subsidiary bank, The National Bank, Moline, Illinois.
-Granted, November 21, 2008 

Atlanta
Regent Bancorp, Inc., Davie, Florida  -- to acquire Regent Bank (in organization), Greenville, South Carolina, and thereby engage in operating a savings association.
-Approved, November 19, 2008 

Bank Mergers

Richmond
Bank of Essex, Tappahannock, Virginia  -- to acquire certain assets and assume certain liabilities of The Community Bank, Loganville, Georgia.
-Approved, November 21, 2008 

Banks, Foreign

Director, BS&R
Development Bank of Japan, Tokyo, Japan  -- request for a determination that its successor institution, Development Bank of Japan Inc., is not a foreign bank for purposes of the representative-office provisions of Regulation K (International Banking Operations).
-Approved, November 20, 2008 

Director, BS&R
Japan Bank for International Cooperation, Tokyo, Japan  -- request for a determination that its successor institution, Japan Finance Corporation, is not a foreign bank for purposes of the representative-office provisions of Regulation K (International Banking Operations).
-Approved, November 20, 2008 

Change In Bank Control

Atlanta
CenterBank, Inc., Jacksonville, Florida  -- change in bank control of CenterBank and its subsidiary bank, Centerbank of Jacksonville, N.A., Jacksonville.
-Permitted, November 21, 2008 

Kansas City
Grace Investment Company, Inc., Alva, Oklahoma  -- to retain control of Grace and its subsidiary banks, Alva State Bank, Alva, and First National Bank in Okeene, Okeene.
-Permitted, November 18, 2008 

St. Louis
Kirksville Bancorp, Inc., Kirksville, Missouri  -- to retain control of Kirksville and its subsidiary bank, American Trust Bank, Kirksville.
-Permitted, November 18, 2008 

Regulations And Policies

FOMC
Federal Open Market Committee  -- minutes of the meeting on October 28 and 29 and of the conference calls on September 29 and October 7, 2008.
-Published, November 19, 2008 

Secretary
Regulation CC  -- technical amendments to Appendix A to reflect the restructuring of check processing operations in the Chicago Federal Reserve District.
-Approved, November 18, 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