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 February 6, 2016


Bank Branches, Domestic

New York
Banco Popular North America, New York, New York -- to establish a branch at 13705 Biscayne Boulevard, North Miami, Florida.
-Approved, February 2, 2016

St. Louis
Centennial Bank, Conway, Arkansas -- to establish a branch at 12 East 49th Street, New York, New York.
-Approved, February 3, 2016

St. Louis
Southern Bank, Poplar Bluff, Missouri -- to redesignate the main office at 531 Vine Street, Poplar Bluff, as a branch, and to relocate the main office to 2991 Oak Grove Road.
-Approved, February 1, 2016

Bank Holding Companies

General Counsel
Banner Corporation, Walla Walla, Washington -- request for an exemption under the Depository Institution Management Interlocks Act and Regulation L (three requests).
-Granted, February 4, 2016

General Counsel
BNP Paribas (BNP), Paris, France -- in connection with a corporate reorganization to facilitate BNP's compliance with the intermediate holding company (IHC) requirement, waiver of application for BNP to transfer, through a series of transactions, its indirect ownership of Bank of the West, San Francisco, California, and various other subsidiaries to Paribas North America, Inc., New York, New York, BNP's designated IHC.
-Granted, January 29, 2016
(A/C)

General Counsel
Castle Creek Capital LLC, Rancho Santa Fe, California -- request for an exemption under the Depository Institution Management Interlocks Act and Regulation L (two requests).
-Granted, February 2, 2016

General Counsel
German American Bancorp, Inc., Jasper, Indiana -- waiver of application to acquire River Valley Bancorp, Madison, in connection with the merger of their subsidiaries, German American Bancorp, Jasper, and River Valley Financial Bank, Madison.
-Granted, February 1, 2016

Atlanta
Hamilton State Bancshares, Inc., Hoschton, Georgia -- to establish Auto Finance South, LLC, and thereby engage in lending, servicing, and collection activities.
-Approved, February 1, 2016

Chicago
Merchants Bancorp, Carmel, Indiana -- to engage in extending credit and servicing loans through a joint venture in Arclight Financial, LLC, Cinnaminson, New Jersey.
-Withdrawn, February 2, 2016

Atlanta
Millennium Bancshares, Inc., Ooltewah, Tennessee -- to become a bank holding company by acquiring Community Trust & Banking Company, Ooltewah.
-Withdrawn, February 4, 2016

St. Louis
Royal Bancshares, Inc., Saint Louis, Missouri -- to acquire Frontenac Bancshares, Inc., Earth City, and thereby indirectly acquire Frontenac Bank; and for Royal Bancshares' subsidiary, Royal Acquisition LLC, University City, to become a bank holding company by becoming the successor by merger with Frontenac Bancshares and acquiring Frontenac Bank.
-Approved, February 4, 2016

Banks, Nonmember, and Miscellaneous Institutions

Director, BS&R
Jacobs Asset Management, LLC, et al., New York, New York -- relief from certain commitments (two requests).
-Granted, February 3, 2016

Banks, State Member

San Francisco
Silicon Valley Bank, Santa Clara, California -- to make a public welfare investment.
-Approved, February 4, 2016

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