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

# Board Actions

## Actions taken during the week ending September 4, 2010

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Testimony and Statements            Acquisition of Wachovia Corporation by Wells Fargo & Company -- statement by Scott G. Alvarez, general counsel, before the Financial Crisis Inquiry Commission.            -Published, September 1, 2010                        Causes of the Recent Financial and Economic Crisis -- statement by Chairman Ben S. Bernanke before the Financial Crisis Inquiry Commission.            -Published, September 2, 2010            Bank Holding Companies            China Investment Corporation, Beijing, People's Republic of China -- to acquire indirectly up to 10 percent of the voting shares of Morgan Stanley, New York, New York.            -Approved, August 31, 2010            Bank Mergers            Metcalf Bank, Lee's Summit, Missouri -- to acquire certain assets and assume certain liabilities of four branches of The First National Bank of Olathe, Olathe, Kansas, and thereby establish branches.            -Approved, September 1, 2010            Forms            Forms -- final Board review to extend without revision the Surveys of Board Publications (FR 1373a,b), Interagency Bank Merger Act Application (FR 2070), Interagency Notice of Change in Bank Control (FR 2081a), Interagency Notice of Change in Director or Senior Executive Officer (FR 2081b), and Interagency Biographical and Financial Report (FR 2081c), and Recordkeeping and Disclosure Requirements Associated with Regulation R (FR 4025).            -Approved, August 31, 2010            Regulations and Policies            Regulation GG (Prohibition on Funding of Unlawful Internet Gambling) -- petition for a rulemaking by the Poker Players Alliance requesting that the Board and Department of the Treasury exclude Internet pari-mutuel animal racing and "skill games" offered on the Internet (including poker) from the scope of the regulation.            -Denied, August 31, 2010            Enforcement            First American Bancorp, Greenwood Village, Colorado, and First American State Bank -- written agreement with the Federal Reserve Bank of Kansas City and the State of Colorado Division of Banking.            -Announced, August 31, 2010                        First Community Bank, Taos, New Mexico -- issuance of a prompt corrective action directive with the consent of the bank.            -Announced, August 31, 2010                        First National Bancorporation of Stoughton, Inc., Stoughton, Wisconsin -- written agreement with the Federal Reserve Bank of Chicago.            -Announced, September 2, 2010                        Highland Bancshares, Inc., St. Michael, Minnesota -- written agreement with the Federal Reserve Bank of Minneapolis.            -Announced, August 30, 2010                        Oregon Community Bank & Trust, Oregon, Wisconsin -- written agreement with the Federal Reserve Bank of Chicago and the State of Wisconsin Department of Financial Institutions.            -Announced, September 2, 2010                        Osceola Bancorporation, Inc., Osceola, Wisconsin -- written agreement with the Federal Reserve Bank of Minneapolis.            -Announced, September 2, 2010                        Sunrise Bank, Cocoa Beach, Florida -- issuance of a prompt corrective action directive with the consent of the bank.            -Announced, August 30, 2010                        UCB Financial Group, Inc., Atlanta, Georgia -- written agreement with the Federal Reserve Bank of Atlanta and the Banking Commissioner of the State of Georgia.            -Announced, August 30, 2010            
Release dates |     Full version (300 KB PDF)Board Actions |     Actions under delegated authority    Applications and reports received: