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 4, 2014


Bank Branches, Domestic

Secretary
Monarch Bank, Chesapeake, Virginia -- to establish a branch at 680 Oyster Point Road, Newport News.
-Approved, October 3, 2014

Cleveland
North Valley Bank, Zanesville, Ohio -- to establish a branch at 5245 Walnut Road, Buckeye Lake.
-Approved, October 2, 2014

Atlanta
Regions Bank, Birmingham, Alabama -- to establish branches at the intersections of McCalla Road and Promenade Parkway, Birmingham; Tchoupitoulas Street and Jefferson Avenue, New Orleans, Louisiana; West 7th Street and University Drive, Fort Worth, Texas; Richardson Road and Richardson Place (Richardson Crossing), Arnold, Missouri; Windward Parkway and McGinnis Ferry Road, Alpharetta, Georgia; Wolf River Boulevard and Germantown Road, Germantown, Tennessee; and at 17615 Chenal Parkway, Little Rock, Arkansas (seven applications).
-Approved, September 29, 2014

Bank Holding Companies

Director, BS&R
First Bank of Miami Shares, Inc., Coral Gables, Florida -- relief from certain commitments.
-Granted, October 3, 2014

St. Louis
Magnolia Banking Corporation, Magnolia, Arkansas -- to merge with First National Bancshares of Hempstead County, Hope, and thereby indirectly acquire 1st Bank, National Association, Texarkana, Texas.
-Approved, September 29, 2014

Chicago
NEB Corporation, Fond du Lac, Wisconsin -- to acquire InvestorsBank, Waukesha.
-Approved, September 30, 2014

St. Louis
Old National Bancorp, Evansville, Indiana -- waiver of application to merge with Founders Financial Corporation, Grand Rapids, Michigan, in connection with the merger of their respective subsidiaries, Old National Bank, Evansville, and Founders Bank & Trust, Grand Rapids.
-Granted, October 3, 2014

Bank Mergers

St. Louis
Centennial Bank, Conway, Arkansas -- to merge with Broward Bank of Commerce, Fort Lauderdale, Florida, and to retain the acquired facilities as branches.
-Approved, October 2, 2014

Richmond
First Community Bank, Bluefield, Virginia -- to purchase certain assets and assume certain liabilities of seven branches of Bank of America, National Association, Charlotte, North Carolina.
-Approved, October 1, 2014

Banks, National

Director, BS&R
Trustmark National Bank, Jackson, Mississippi -- relief from certain commitments.
-Granted, September 30, 2014

Banks, State Member

Director, BS&R
Regions Bank, Birmingham, Alabama -- to make certain public welfare investments.
-Approved, October 2, 2014

Director, BS&R
State Street Bank and Trust Company, Boston, Massachusetts -- to make a public welfare investment.
-Approved, October 2, 2014

Change in Bank Control

Atlanta
Bank of Erath Holding Company, Erath, Louisiana -- to retain control of Bank of Erath Holding Company and its subsidiary, Bank of Erath, Erath.
-Permitted, September 29, 2014

Atlanta
Pilot Bancshares, Inc., Tampa, Florida -- to retain control of Pilot Bancshares and its subsidiary, Pilot Bank, Tampa.
-Permitted, October 3, 2014

Minneapolis
Prairie Bancshares, Inc., Lester Prairie, Minnesota -- change in bank control of Prairie Bancshares and its subsidiary, First Community Bank, Lester Prairie.
-Permitted, October 3, 2014

Extensions of Time

Director, BS&R
Citigroup Inc., New York, New York -- extensions of time to divest certain real estate held by indirect foreign subsidiaries (two requests).
-Granted, October 3, 2014

Financial Holding Companies

St. Louis
First Savings Financial Group, Inc., Clarksville, Indiana -- election to become a financial holding company.
-Effective, September 29, 2014

Membership

Dallas
Texas Regional Bank, Harlingen, Texas -- to become a member of the Federal Reserve System.
-Approved, September 29, 2014

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