Federal Reserve Release

H.2

Actions of the Board, Its Staff,

and the Federal Reserve Banks; 

Applications and Reports Received

48No.

Week Ending November 28, 2009

 Updated March 12, 2010 

Board of Governors of the Federal Reserve System, Washington, DC 20551
Banking Supervision & Regulation

GMAC Trust Agreement Amendments -- consent by the Board to certain 

amendments to the GMAC Trust Agreement that grant the Department of the 

Treasury and the United Auto Workers a security interest in the trust's property.

- Approved, November 18, 2009

(A/C)

Regulations and Policies

Regulation GG (Prohibition on Funding of Unlawful Internet Gambling) -- extension 

to June 1, 2010, of the compliance date for the interagency final rule implementing 

certain provisions of the Unlawful Internet Gambling Enforcement Act.

- Approved, November 25, 2009

Reserve Bank Operations

Reserve Bank Directors -- revisions to the Board's policy on eligibility, 

qualifications, and rotation for directors of Federal Reserve Banks and their 

Branches.

- Approved, November 17, 2009

(A/C)

Enforcement

The Bank Holdings, Reno, Nevada -- written agreement with the Federal Reserve 

Bank of San Francisco.

- Announced, November 25, 2009

Hillcrest Bancshares, Inc., Overland Park, Kansas -- written agreement with the 

Federal Reserve Bank of Kansas City.

- Announced, November 27, 2009

H.2 Board Actions November 22, 2009 to November 28, 2009

(A/C) = Addition or Correction Board - Page 1 2 of
Enforcement

Home Valley Bancorp, Inc., Grants Pass, Oregon, and Home Valley Bank -- written 

agreement with the Federal Reserve Bank of San Francisco and the Oregon 

Department of Consumer and Business Services, Division of Finance and Corporate 

Securities.

- Announced, November 25, 2009

H.2 Board Actions November 22, 2009 to November 28, 2009

(A/C) = Addition or Correction Board - Page 2 2 of
H.2 Actions under delegated authority

BS&R

C&CA

FOMC

Banking Supervision and Regulation

Consumer and Comminity Affairs

Federal Open Market Committee

RBOPS Reserve Bank Operations and Payment Systems

IF International Finance

OSDM Office of Staff Director for Management

November 22, 2009 to November 28, 2009

Bank Branches, Domestic

First Bank, Creve Coeur, Missouri -- to establish a branch at 9801 Westheimer Road, 

Houston, Texas.

St. Louis

- Approved, November 24, 2009

IBERIABANK, Lafayette, Louisiana -- to establish a branch at 468 Metairie Road, 

Metairie.

Atlanta

- Approved, November 24, 2009

Bank Holding Companies

1st Security Bancorp, Inc., Mountlake Terrace, Washington -- to become a bank 

holding company and to acquire 1st Security Bank of Washington, Mountlake 

Terrace, on its conversion from a mutual savings bank to a stock savings bank.

San Francisco

- Withdrawn, November 24, 2009

Artisan Financial Corporation, Barrington, Illinois -- to become a bank holding 

company and to acquire Valley Community Bancorp, Inc., St. Charles, and thereby 

acquire Valley Community Bank.

Chicago

- Approved, November 25, 2009

(A/C) = Addition or Correction Delegated - 1 of 3
Bank Holding Companies

CapGen Capital Group III LLC, New York, New York, and CapGen Capital Group 

III LP -- to become bank holding companies and to acquire shares of Seacoast 

Banking Corporation of Florida, Stuart, Florida, and thereby acquire Seacoast 

National Bank.

Richmond

- Approved, November 25, 2009

Charles River Bancorp, MHC, Medway, Massachusetts, and Charles River Bancorp, 

Inc. -- to become a mutual bank holding company and stock bank holding company, 

respectively, and to acquire Charles River Bank, Medway.

Boston

- Approved, November 23, 2009

Bank Mergers

Community Bank of Pleasant Hill, Pleasant Hill, Missouri -- to purchase certain 

assets and assume certain liabilities of the Pleasant Hill branch of BC National 

Banks, Butler.

Kansas City

- Approved, November 24, 2009

Change in Bank Control

Northeast Securities Corporation, Minneapolis, Minnesota -- change in bank control 

of Northeast and its subsidiary bank, Northeast Bank, Minneapolis.

Minneapolis

- Permitted, November 23, 2009

H.2 Actions under delegated authority November 22, 2009 to November 28, 2009

(A/C) = Addition or Correction Delegated - 2 of 3
Change in Bank Control

Three Shores Bancorporation, Inc., Orlando, Florida -- change in bank control of 

Three Shores and its subsidiary bank, Seaside National Bank & Trust, Orlando (two 

notices).

Atlanta

- Permitted, November 24, 2009

Extensions of Time

M&I Marshall & Ilsley Bank, Milwaukee, Wisconsin -- extension to December 18, 

2009, to establish a branch at Moorland Boulevard and National Avenue, New 

Berlin.

Chicago

- Granted, November 23, 2009

Regulations and Policies

Federal Open Market Committee -- minutes of the meeting on November 3 and 4, 

2009.

FOMC

- Published, November 24, 2009

H.2 Actions under delegated authority November 22, 2009 to November 28, 2009

(A/C) = Addition or Correction Delegated - 3 of 3
	



				

	
	
			
		 	!!"

 	&% '
		(	&
 	#$%

)'

	







	

	



				

	






	






	

	

	





	







 !""# $%&$!' (




	
))# $*$$+(	

,
 !!-

.	

	
/



	

	


0

	





	
/





	
/	




	
)
0

*
0		



	
/
	
1

232	



&3&


434

&43&	







0
5

		








 


!"	
 
 




 



#$	


%&%

(*	'+	

																					,			

 


 "	


%&%

	







	

	


					-

	
	
			
		 	!!"

 	&% '
		(	&
 	#$%

%'

(

)$
(

)*

%


$	$




$ +,!-.!,--/

0*$1*22341

%$4567
	
68%
$6

9
*

$

$	


2"6

	


,++2,:353+53535$
;2

& <%8"

 )) %0*&%"%*%

;*2264*&*%;

%"%4

%'

(

)$
(

=+ %
$$

%
$$

)
%)	$>
6 	26*$6%'

?16
	1$	


	9@$$$%
$



@$$$%
$*18

6


@$$$6#$2

) 8% >) %% "

>&7#6 %2

	







	

	


					-

	






	






	

	

	





	







 !""# $%&$!' (




	
))# $*$$+(	

,
 !!-

.	

	
/



	

	


0

	





	
/





	
/	




	
)
0

*
0		



	
/
	
1

232	



&3&


434

&43&	







0
5

		








 


!"	
 
 




 



#$	


%&%

(*	'+	

																					,			

 


 "	


%&%

	







	

	.


				&
%

	
	
			
		 	!!"

 	&% '
		(	&
 	#$%

%'

(

)$
(

  %
$$

+-!,A!,--/

#

)	$#
6>#6"2#26#



)	$#
6"2#26#

)	$

#
#$$$6"2#26#

)	$#
6

>#6""6#

)	$6"2#26

2 2"
6B2;1B	

CC2"	6$$#$$
6

#$6

	

+:2/
	


@
&1*	
6

@


*16
#$62

#8 &8) %% "

#8%

	







	

	.


				&
%

	






	






	

	

	





	







 !""# $%&$!' (




	
))# $*$$+(	

,
 !!-

.	

	
/



	

	


0

	





	
/





	
/	




	
)
0

*
0		



	
/
	
1

232	



&3&


434

&43&	







0
5

		








 


!"	
 
 




 



#$	


,A.D:AA  %*;6#@ ""#@ 6#%%?"<%  & -D!++!,--/ +-!-A!,--/ $$*1

(*	'+	

																					,			

 


 "	


%&%

	







	

	/


				(


	
	
			
		 	!!"

 	&% '
		(	&
 	#$%

%'

(

)$
(

  +-!-D!,--/

++!,-!,--/

 
	%
	*1
$

$
$	
$


36
6	161
'6B$6

@'15	
$	
$



	9+-
	






	
$


E*	6 	26
	
$

	9	
$8
E%
$*1


6

6;
	12

 8 F%*%@6 %2

%'

(

)$
(

==

%
$$

G8*	
6 	26 6#$
 +,!,.!,--/

	9

,:2//
	
$$<$$

*	
6 	26#

6#$


	
$	9$$<$$

*1#

6#

6#$




	
=353=5
*1@$


	


G8*% %2

	







	

	/


				(


	






	






	

	

	





	







 !""# $%&$!' (




	
))# $*$$+(	

,
 !!-

.	

	
/



	

	


0

	





	
/





	
/	




	
)
0

*
0		



	
/
	
1

232	



&3&


434

&43&	







0
5

		








 


!"	
 
 




 



#$	


%&%

(*	'+	

																					,			

 


 "	


%&%

	







	

	0


				


	
	
			
		 	!!"

 	&% '
		(	&
 	#$%

%'

(

)$
(

*	

%


$	$

C$$*16)$$	6<6
 +,!-:!,--/


$	
:=+DD-


6%B6

B
622

C&@%@""*%;

%'

(

)$
(

*	

%


$	$

	*16
16<6
 +,!-+!,--/


$	
+H=D"16<

*	6<2

&%@*%;

	







	

	0


				


	






	






	

	

	





	







 !""# $%&$!' (




	
))# $*$$+(	

,
 !!-

.	

	
/



	

	


0

	





	
/





	
/	




	
)
0

*
0		



	
/
	
1

232	



&3&


434

&43&	







0
5

		








 


!"	
 
 




 



#$	


,A+,/A. "" %*;) )I6< > %   -A!,A!,--/ ++!-D!,--/ 
*1

=::,D *%;&)"%86; "%&;6< > %   -.!+-!,--/ ++!+/!,--/ 
*1

,./AA=H &) 8*;6%%#&" 6?"%  -.!+A!,--/ ++!+.!,--/ $$*1

(*	'+	

																					,			

 


 "	


%&%

	







	

	1


				*

	
	
			
		 	!!"

 	&% '
		(	&
 	#$%

%'

(

)$
(

== +,!,D!,--/

+,!,.!,--/

 

*	6 	2
$
	1

&'
#$6*6$6
	9

,H2.-
	





 

*	6 	26


6


*16


*6$6$'


*	6

 	26
6

*16


*$
6

2

 %#%%8*%@6

 %2#"&?8&;

&B%@ ##"%

	







	

	1


				*

	






	






	

	

	





	







 !""# $%&$!' (




	
))# $*$$+(	

,
 !!-

.	

	
/



	

	


0

	





	
/





	
/	




	
)
0

*
0		



	
/
	
1

232	



&3&


434

&43&	







0
5

		








 


!"	
 
 




 



#$	


%&%

(*	'+	

																					,			

 


 "	


%&%

	







	

	2


				(

	
	
			
		 	!!"

 	&% '
		(	&
 	#$%

%'

(

)$
(

=+

:	.

+,!+=!,--/

+,!+.!,--/

*	
6 	26	6 $$6


	1$	
	9

+--
	


>*	
6

 	26'>6 $$6


	
$	9'>%
$*16

'>6 $$66
	

1$	
6
	

	
$

+--
	




*1)*6	6 $$6




	
2

 &%*% %2

	







	

	2


				(

	






	






	

	

	





	







 !""# $%&$!' (




	
))# $*$$+(	

,
 !!-

.	

	
/



	

	


0

	





	
/





	
/	




	
)
0

*
0		



	
/
	
1

232	



&3&


434

&43&	







0
5

		








 


!"	
 
 




 



#$	


%&%

(*	'+	

																					,			

 


 "	


%&%

	







	

	


				34	5

	
	
			
		 	!!"

 	&% '
		(	&
 	#$%

%'

(

)$
(

=+

%
$$

B
**	6 	26
$6 +,!,D!,--/

6
	1$	


	9+--
	
B
**1G

8

6
$62

B8* >*%@6

 %2

	







	

	


				34	5

	






	






	

	

	





	







 !""# $%&$!' (




	
))# $*$$+(	

,
 !!-

.	

	
/



	

	


0

	





	
/





	
/	




	
)
0

*
0		



	
/
	
1

232	



&3&


434

&43&	







0
5

		








 


!"	
 
 




 



#$	


+=H:D/ >8*;>G86>868%%  -.!+-!,--/ ++!,-!,--/ $$*1

(*	'+	

																					,			

 


 "	


%&%

	







	

	"


				6%

	
	
			
		 	!!"

 	&% '
		(	&
 	#$%

%'

(

)$
(

  %
$$

+,!-.!,--/

%
	$$8
6@
686

*
"6)
6$6


	9)
*1@$
6

)
6
1
6




	
		
6	




8
6"6
1
J>

%	<	6)
6
1
J$

C6"6
1
J

>
6)
6
1
6'		
$

,D
	
)
*1@$


2)
*1@$


	
$)

*16)
6


1
2

) 8@*%;@&" %>

&#%?

%'

(

)$
(

  %
$$

++!,A!,--/

%
	>2@'$$6$
6
6


	9+-
	

$1

*96 	26$
6
6


	
$	
$$
*96

 	26'		
$)
	
*1

$
6$
6
6<$$*1

>$'6>$'6
2

 "; <*%K7&6 %2

	







	

	"


				6%

	






	






	

	

	





	







 !""# $%&$!' (




	
))# $*$$+(	

,
 !!-

.	

	
/



	

	


0

	





	
/





	
/	




	
)
0

*
0		



	
/
	
1

232	



&3&


434

&43&	







0
5

		








 


!"	
 
 




 



#$	


%&%

(*	'+	

																					,			

 


 "	


%&%

	







	

	
!


				7	($

	
	
			
		 	!!"

 	&% '
		(	&
 	#$%

%'

(

)$
(

  %
$$

+,!+D!,--/

%
	C8
6E8
6#$

8
3$$


"2>2

8
)$8

"2>28

$

8
56	8
6"3858
6$$

@$6%1J8
%$6

"$6
J
	9	
$)


@$*	6 	26

8)


%
$*1@$6
@$6

%16

	9



2

) 8@&">

*%@6 %2

%'

(

)$
(

  %
$$

+,!-:!,--/

%
	



>26

86$6

@
686$$6


)$0	






>26



	
$
$	8

6

@
686

)
%
$*1

8686$2

#7*" 8 % 

&#&8 &%

	







	

	
!


				7	($

	






	






	

	

	





	







 !""# $%&$!' (




	
))# $*$$+(	

,
 !!-

.	

	
/



	

	


0

	





	
/





	
/	




	
)
0

*
0		



	
/
	
1

232	



&3&


434

&43&	







0
5

		








 


!"	
 
 




 



#$	


A:,=DD )*;&)" %&"%6" %&"%6 &7  -.!,:!,--/ ++!+=!,--/ $$*1

(*	'+	

																					,			

 


 "	


%&%

	







	

	




				

	
	
			
		 	!!"

 	&% '
		(	&
 	#$%

%'

(

)$
(

=D +,!+H!,--/

+,!+:!,--/


8
)	$

6


6"6
	9

)	$

66



6	
$	9


*166

2

&7% 8?878

) %% "&#&8 &%

	







	

	




				

	






	






	

	

	





	







 !""# $%&$!' (




	
))# $*$$+(	

,
 !!-

.	

	
/



	

	


0

	





	
/





	
/	




	
)
0

*
0		



	
/
	
1

232	



&3&


434

&43&	







0
5

		








 


!"	
 
 




 



#$	


%&%

(*	'+	

																					,			

 


 "	


%&%

	







	

	



				3	

	
	
			
		 	!!"

 	&% '
		(	&
 	#$%

%'

(

)$
(

  %
$$

+,!-.!,--/

*&8@$""6"
) 6"2#26

"
0 
#

 6"2#26

"
) >#6"2#26"
) >#

@$6""6G	
6""6



<
@$6""6$*2

6"


$"""




$ 6""6$$%'?16%'?16


	9

,:2/L



	*	
6
	
$

	98*1
	6


*6&2

*%&#

%'

(

)$
(

 

%
$$

%
	$2$$2 -.!-A!,--/

6
*6$6


	9
$
%*

@$

6	
$6


%
$*16


)		6$2

%*@&" %>&#&8 &%

	







	

	



				3	

	






	






	

	

	





	







 !""# $%&$!' (




	
))# $*$$+(	

,
 !!-

.	

	
/



	

	


0

	





	
/





	
/	




	
)
0

*
0		



	
/
	
1

232	



&3&


434

&43&	







0
5

		








 


!"	
 
 




 



#$	


%&%

(*	'+	

																					,			

 


 "	


%&%