Release dates | Full version (300 KB PDF)Board Actions | Actions under delegated authority  Applications and reports received:Boston | New York | Philadelphia   | Cleveland | Richmond   | AtlantaChicago | St. Louis | Minneapolis   | Kansas City | Dallas   | San Francisco

#   Actions under delegated authority

## Actions taken during the week ending February 28, 2009

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Bank Branches, DomesticNew YorkManufacturers and Traders Trust Company, Buffalo, New York  -- to establish a branch at 1452 Buck Road, Northampton Township, Pennsylvania.					-Approved, February 26, 2009 					SecretarySunTrust Bank, Atlanta, Georgia  -- to establish branches at 5420 West Fayetteville Road, College Park; 1628 Cumming Highway, Canton; 12737 Tamiami Trail East, Naples, Florida; and 5795 North Airport Road.					-Approved, February 25, 2009 					

Bank Holding CompaniesSan FranciscoCitizens Bancorp, Corvallis, Oregon  -- relief from a commitment.					-Granted, February 26, 2009 					RichmondCommunity Bank Investors of America, LP, Richmond, Virginia, and FA Capital, LLC  -- to acquire shares of Gateway Bank, FSB, San Francisco, California.					-Approved, February 27, 2009 					MinneapolisEastwood Financial Corporation Employee Profit Sharing and Stock Ownership Plan, Rochester, Minnesota  -- to become a bank holding company and to increase its ownership of Eastwood Financial Corporation, Rochester, and thereby acquire Eastwood Bank, Kasson.					-Approved, February 23, 2009 					San FranciscoFranklin Resources, Inc., San Mateo, California  -- to acquire an interest in CIT Group, Inc., New York, New York, and CIT Bank, Salt Lake City, Utah.					-Approved, February 24, 2009 					ChicagoFreeport Bancshares, Inc., Freeport, Illinois  -- to acquire Community Redevelopment, LLC, Freeport, and thereby engage in extending credit and servicing loans.					-Approved, February 23, 2009 					ChicagoGMAC LLC, Detroit, Michigan  -- to retain shares of Capmark Financial Group, Inc., Horsham, Pennsylvania, and thereby retain control of Capmark Bank, Midvale, Utah, and Escrow Bank USA, an industrial bank.					-Withdrawn, February 27, 2009 					BostonIndependent Bank Corp., Rockland, Massachusetts  -- to merge with Benjamin Franklin Bancorp, Inc., Franklin, and thereby acquire Benjamin Franklin Bank.					-Approved, February 25, 2009 					New YorkIntesa Sanpaolo S.p.A., Turin, Italy  -- to engage in certain nonbanking activities conducted through Banca IMI Securities Corp., New York, New York.					-Approved, February 25, 2009 					RichmondLive Oak Bancshares, Inc., Wilmington, North Carolina  -- to become a bank holding company and to acquire Live Oak Banking Company, Wilmington.					-Approved, February 27, 2009 					Kansas CityManhattan Banking Corporation, Manhattan, Kansas  -- to retain shares of BOTS, Inc., Topeka, parent company of Vision Bank.					-Approved, February 27, 2009 					Kansas CityManhattan Banking Corporation, Manhattan, Kansas  -- to retain shares of Sonoran Bank, National Association, Phoenix, Arizona.					-Approved, February 27, 2009 					

Banks, State MemberRichmondChesapeake Bank, Kilmarnock, Virginia  -- to increase its investment in bank premises.					-Approved, February 27, 2009 					

Change In Bank ControlAtlantaAmerican Gateway Financial Corporation, Port Allen, Louisiana  -- to retain control of American and its subsidiary bank, American Gateway Bank, Baton Rouge.					-Permitted, February 23, 2009 					AtlantaCapitalSouth Bancorp, Birmingham, Alabama  -- change in bank control of CapitalSouth and its subsidiary bank, CapitalSouth Bank, Birmingham.					-Permitted, February 23, 2009 					

Extensions Of TimeRichmondYadkin Valley Financial Corporation, Elkin, North Carolina  -- extension to June 1, 2009, to acquire American Community Bancshares, Inc., Monroe, and thereby acquire American Community Bank.					-Granted, February 27, 2009 					

Financial Holding CompaniesRichmondFour Oaks Fincorp, Inc., Four Oaks, North Carolina  -- election to become a financial holding company.					-Effective, February 23, 2009 					St. LouisSouth Central Bancshares of Kentucky, Inc., Glasgow, Kentucky  -- election to become a financial holding company.					-Effective, February 25, 2009 					

Release dates | Full version (300 KB PDF)Board Actions | Actions under delegated authority  Applications and reports received:Boston | New York | Philadelphia   | Cleveland | Richmond   | AtlantaChicago | St. Louis | Minneapolis   | Kansas City | Dallas   | San Francisco
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