Federal Reserve Release

H.2

Actions of the Board, Its Staff,

and the Federal Reserve Banks; 

Applications and Reports Received

No. 12 

Week Ending March 22, 2008

Board of Governors of the Federal Reserve System, Washington, DC 20551
Discount Rates

Discount and Advance Rates -- decrease in the primary credit rate from 3-1/2 percent 

to 3-1/4 percent by the Federal Reserve Bank of New York.

- Approved, March 16, 2008

Discount and Advance Rates -- decrease in the primary credit rate from 3-1/2 percent 

to 3-1/4 percent by the Federal Reserve Banks of Boston, Cleveland, Richmond, 

Chicago, Minneapolis, Kansas City, and San Francisco.

- Approved, March 17, 2008

Discount and Advance Rates -- decrease in the primary credit rate from 3-1/4 percent 

to 2-1/2 percent by the Federal Reserve Banks of Boston, New York, Cleveland, 

Chicago, Kansas City, and San Francisco and from 3-1/2 percent to 2-1/2 percent by 

the Federal Reserve Banks of Dallas and St. Louis.

- Approved, March 18, 2008

Discount and Advance Rates -- decrease in the primary credit rate from 3-1/4 percent 

to 2-1/2 percent by the Federal Reserve Banks of Richmond and Minneapolis and 

from 3-1/2 percent to 2-1/2 percent by the Federal Reserve Bank of Atlanta.

- Approved, March 19, 2008

Discount and Advance Rates -- decrease in the primary credit rate from 3-1/2 percent 

to 2-1/2 percent by the Federal Reserve Bank of Philadelphia.

- Approved, March 20, 2008

Regulations And Policies

Financial Markets -- arrangement announced by JPMorgan Chase & Co., New York, 

New York, and The Bear Stearns Companies, Inc.

- Approved, March 14, 2008

(A/C)

H.2 Board Actions March 16, 2008 to March 22, 2008

(A/C) = Addition or Correction Board - Page 1 of 2
Regulations And Policies

Financial Markets -- financing arrangement announced by JPMorgan Chase & Co., 

New York, New York, and The Bear Stearns Companies, Inc.

- Approved, March 16, 2008

Flood Insurance -- publication for comment of revised interagency questions and 

answers to help financial institutions meet their responsibilities under federal flood 

insurance legislation and to increase public understanding of flood insurance 

requirements.

- Approved, March 3, 2008

(A/C)

Primary Dealer Credit Facility -- authorization for the Federal Reserve Bank of New 

York to create a lending facility to improve the ability of primary dealers to provide 

financing to participants in securitization markets.

- Approved, March 16, 2008

Enforcement

CAB Holding, LLC, Wilmington, Delaware -- cease and desist order dated May 6, 

2004, terminated March 13, 2008.

- Announced, March 19, 2008

H.2 Board Actions March 16, 2008 to March 22, 2008

(A/C) = Addition or Correction Board - Page 2 of 2
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 Operational and Payment System

IF International Finance

OSDM Office of Staff Director for Management

March 16, 2008 to March 22, 2008

Bank Branches, Domestic

Allied Bank, Mulberry, Arkansas -- to establish a branch at 5701 Kavanaugh 

Boulevard, Little Rock.

St. Louis

- Approved, March 17, 2008

Arvest Bank, Fayetteville, Arkansas -- to establish a branch at 524 North Main, 

Stillwater, Oklahoma.

St. Louis

- Approved, March 21, 2008

The Bank of Marion, Marion, Virginia -- to establish a branch at 201 Valley Street, 

Abingdon.

Richmond

- Approved, March 18, 2008

The Community State Bank, Poteau, Oklahoma -- to establish a branch at 902 Dallas 

Street, Talihina.

Kansas City

- Approved, March 20, 2008

Compass Bank, Birmingham, Alabama -- to establish a branch at 102 South Tejon 

Street, Colorado Springs, Colorado, to be known as the Alamo Center Branch.

Atlanta

- Approved, March 17, 2008

(A/C) = Addition or Correction Delegated - 1 of 7
Bank Branches, Domestic

Hinsdale Bank & Trust Company, Hinsdale, Illinois -- to establish a branch at 

Plymouth Place Senior Living, 315 North LaGrange Road, LaGrange Park.

Chicago

- Approved, March 21, 2008

Oregon Pacific Banking Co., Florence, Oregon -- to establish a mobile branch courier 

service to serve the counties of Coos and Douglas.

San Francisco

- Approved, March 19, 2008

Bank Holding Companies

Bancorp of New Glarus, Inc., New Glarus, Wisconsin -- to acquire Bank of Juda, 

Juda.

Chicago

- Approved, March 20, 2008

Bank Iowa Corporation, West Des Moines, Iowa -- to acquire Hansen 

Bancorporation, Lawler, and thereby acquire State Bank of Lawler, New Hampton.

Chicago

- Approved, March 20, 2008

Community Bank Investors of America, LP, Midlothian, Virginia -- to become a 

bank holding company and to acquire shares of Bay Bank, Tampa, Florida, upon the 

conversion of Bay Financial Savings Bank, F.S.B. to a state member bank; and for 

FA Capital, LLC, Midlothian, Virginia, to become a bank holding company and to 

acquire shares of Bay Bank, Tampa, Florida.

Atlanta

- Approved, March 19, 2008

H.2 Actions under delegated authority March 16, 2008 to March 22, 2008

(A/C) = Addition or Correction Delegated - 2 of 7
Bank Holding Companies

First Bank & Trust Company, Duncan, Oklahoma -- waiver of application to acquire 

The Waurika National Bank, Waurika, in connection with its merger with and into 

First Bank & Trust Company.

Kansas City

- Granted, March 20, 2008

First Fontanelle Employee Stock Ownership Plan and Trust, Fontanelle, Iowa -- to 

become a bank holding company and to acquire shares of First Fontanelle 

Bancorporation and thereby acquire First National Bank, Greenfield.

Chicago

- Withdrawn, March 20, 2008

First NBC Bank Holding Company, New Orleans, Louisiana -- to acquire through 

merger Dryades Bancorp, Inc. and Dryades Savings Bank, F.S.B., and thereby 

engage in operating a savings association.

Atlanta

- Approved, March 18, 2008

National Bank & Trust Employee Stock Ownership Plan with 401(K) Provisions, La 

Grange, Texas -- to become a bank holding company and to acquire shares of First 

La Grange Bancshares, Inc. and indirectly acquire National Bank & Trust.

Dallas

- Approved, March 20, 2008

NHB Holdings, Inc., Jacksonville, Florida, and Proficio Mortgage Ventures, LLC -- 

to engage de novo, through a joint venture with Capital Relocation Mortgage, 

Sterling, Virginia, in conducting mortgage banking activities.

San Francisco

- Approved, March 21, 2008

H.2 Actions under delegated authority March 16, 2008 to March 22, 2008

(A/C) = Addition or Correction Delegated - 3 of 7
Bank Holding Companies

Prime Bank Group, Inc., Edmond, Oklahoma -- to become a bank holding company 

and to acquire Prime Bank (in organization).

Kansas City

- Approved, March 20, 2008

S&T Bancorp, Inc., Indiana, Pennsylvania -- waiver of application to acquire IBT 

Bancorp, Inc., Irwin, in connection with the merger of their respective subsidiaries, 

S&T Bank, Indiana, and Irwin Bank, Irwin.

Secretary

- Granted, March 20, 2008

Banks, Nonmember, And Miscellaneous Institutions

CLS Bank International, New York, New York -- to amend its articles of association.

New York

- Approved, March 20, 2008

Banks, State Member

Sunrise Bank, Cocoa Beach, Florida -- relief from a commitment.

Atlanta

- Withdrawn, March 17, 2008

Change In Bank Control

Flathead Holding Company of Bigfork, Bigfork, Montana -- to retain control of 

Company and thereby gain control of Flathead Bank of Bigfork.

Minneapolis

- Permitted, March 21, 2008

H.2 Actions under delegated authority March 16, 2008 to March 22, 2008

(A/C) = Addition or Correction Delegated - 4 of 7
Change In Bank Control

Mackey Banco, Inc., Ansley, Nebraska -- change in bank control of Banco and its 

subsidiary bank, Security State Bank.

Kansas City

- Permitted, March 17, 2008

Western Oklahoma Bancshares, Inc., Elk City, Oklahoma -- change in bank control 

of Bancshares and its subsidiary bank, Bank of Western Oklahoma.

Kansas City

- Permitted, March 17, 2008

Extensions Of Time

Exchange Bank and Trust Company, Perry, Oklahoma -- extension to June 22, 2008, 

to establish a branch at 4301 West 6th, Stillwater.

Kansas City

- Granted, March 20, 2008

Pyramid Financial Corporation, Anguilla, Mississippi -- extension to June 18, 2008, 

to become a bank holding company and to acquire Bank of Anguilla.

Atlanta

- Granted, March 18, 2008

Financial Holding Companies 

Morgan Capital Corporation, Fort Morgan, Colorado -- election to become a 

financial holding company.

Kansas City

- Effective, March 19, 2008

H.2 Actions under delegated authority March 16, 2008 to March 22, 2008

(A/C) = Addition or Correction Delegated - 5 of 7
Membership

Bay Financial Savings Bank, F.S.B., Tampa, Florida -- to become a member of the 

Federal Reserve System upon its conversion to Bay Bank, Tampa.

Atlanta

- Approved, March 19, 2008

Platte Valley National Bank, Scottsbluff, Nebraska -- to retain membership in the 

Federal Reserve System following its conversion from a national to a state charter.

Kansas City

- Approved, March 20, 2008

Platte Valley National Bank, Torrington, Wyoming -- to retain membership in the 

Federal Reserve System following its conversion from a national to a state charter.

Kansas City

- Approved, March 20, 2008

Prime Bank, Edmond, Oklahoma, (in organization) -- to become a member of the 

Federal Reserve System.

Kansas City

- Approved, March 20, 2008

Tri-County National Bank, Cheyenne, Wyoming -- to retain membership in the 

Federal Reserve System following its conversion from a national to a state charter.

Kansas City

- Approved, March 20, 2008

H.2 Actions under delegated authority March 16, 2008 to March 22, 2008

(A/C) = Addition or Correction Delegated - 6 of 7
Regulations And Policies

Short-term Interest Rates -- decrease in the target for the federal funds rate from 3 

percent to 2-1/4 percent.

FOMC

- Approved, March 18, 2008

H.2 Actions under delegated authority March 16, 2008 to March 22, 2008

(A/C) = Addition or Correction Delegated - 7 of 7
District: 1

Federal Reserve Bank of Boston

Filings received during the week ending March 22, 2008

Filer Filing Type Filing Proposal End of Comment Period

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 1

Federal Reserve Bank of Boston

Availability of CRA Public Evaluations 

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in 

which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and 

is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated 

periodically. That record is taken into account in considering an institution's application for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 2

Federal Reserve Bank of New York

Filings received during the week ending March 22, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

4c8 Not applicable

Not available

Banco do Brasil, Brasilia, Brazil, is providing 

prior notice, pursuant to Section 4(c)(8) of the 

BHC Act and Section 225.24 of Regulation Y, to 

engage in nonbanking activities through a 

newly formed federal savings bank, Banco do 

Brasil, Federal Savings Bank, New York, New 

York.

BANCO DO BRASIL S.A.

Newspaper:

Federal Register:

CIC Not available

* 18C Not available

Bank of New York Mellon Corporation, New 

York, New York requests permission to merge 

BNY Mellon Interim Institutional National Bank, 

Pittsburg, Pennsylvania into The Bank of New 

York, New York, New York; approval for a 

change in control of Mellon Overseas 

Investment Corporation, Greenville, Delaware 

and an exemption from the requirements under 

Section 23A of the Federal Reserve Act and 

Regulation W in connection with an internal 

corporate reorganization.

BANK OF NEW YORK MELLON 

CORPORATION, THE

Newspaper:

Federal Register:

FBSEA

Not applicable

China Construction Bank Corporation, Beijing, 04/11/2008

People's Republic of China, to establish a 

branch in New York, New York, pursuant to 

Section 211.24(a)(1) of Regulation K.

CHINA CONSTRUCTION BANK 

CORPORATION

Newspaper:

Federal Register:

* 3A1 04/12/2008

04/11/2008

The Westchester Bank Holding Corporation, 

Yonkers, New York, to become a bank holding 

company, through the acquisition of 100 

percent of the stock of The Westchester Bank, 

Yonkers, New York, upon its formation as a New 

York-chartered commercial bank.

WESTCHESTER HOLDING 

CORPORATION, THE

* Subject to the provisions of the Community Reinvestment Act
District: 2

Federal Reserve Bank of New York

Availability of CRA Public Evaluations 

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in 

which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and 

is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated 

periodically. That record is taken into account in considering an institution's application for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 3

Federal Reserve Bank of Philadelphia

Filings received during the week ending March 22, 2008

Filer Filing Type Filing Proposal End of Comment Period

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 3

Federal Reserve Bank of Philadelphia

Availability of CRA Public Evaluations 

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in 

which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and 

is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated 

periodically. That record is taken into account in considering an institution's application for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 4

Federal Reserve Bank of Cleveland

Filings received during the week ending March 22, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* Branch Not available

Not applicable

Fifth Thid Bank, Grand Rapids, MI to establish a 

branch at the southeast corner of State Route 54 

and Grand Boulevard, New Port Richey, FL.

FIFTH THIRD BANK

Newspaper:

Federal Register:

* Branch

Not applicable

Fifth Third Bank, Cincinnati, OH to esatablish a 03/27/2008

branch at 517 East Ohio Street, Pittsburgh, PA.

FIFTH THIRD BANK

Newspaper:

Federal Register:

* Branch

Not applicable

Fifth Third Bank, Cincinnati, OH to esatablish a 03/27/2008

branch at 7980 East Broad STreet, 

Reynoldsburg, OH.

FIFTH THIRD BANK

Newspaper:

Federal Register:

CIC Not available

Not available

Interagency Notices of Change in Bank Control 

filed by:

(1.) Jay L. Dunlap, Lincoln, NB to retain voting 

authority granted by proxy from Mark Dunlap 

over 58.25 shares or 55.48% of the outstanding 

voting shares of New Richmond 

Bancorporation, New Richmond, OH;

(2.) Samad Yaltaghian, Rusden, Northants, 

England, to acquire 46.75 shares or 45.52 

percent of the outstanding voting shares of 

New Richmond Bancorporation, New Richmond, 

OH;

(3.) Jay L. Dunlap, Lincoln, NB and Samad 

Yaltaghian, Rusden, Northants, England, in 

concert resulting from a proxy to vote 46.75 

shares or 45.52 percent of the outstanding 

voting shares of New Richmond 

Bancorporation, New Richmond, OH granted to 

Jay L. Dunlap by Samad Yaltaghian.

NEW RICHMOND 

BANCORPORATION

* Subject to the provisions of the Community Reinvestment Act
District: 4

Federal Reserve Bank of Cleveland

Availability of CRA Public Evaluations 

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in 

which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and 

is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated 

periodically. That record is taken into account in considering an institution's application for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 5

Federal Reserve Bank of Richmond

Filings received during the week ending March 22, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A1 Not available

Not available

Alliance Financial Corporation, Gastonia, North 

Carolina, to become a bank holding company by 

acquiring 100 percent of Alliance Bank & Trust 

Company, Gastonia, North Carolina.

ALLIANCE FINANCIAL 

CORPORATION

Newspaper:

Federal Register:

* Branch Not available

Not applicable

Four Oaks Bank and Trust Company, Four 

Oaks, North Carolina, proposes to establish a 

branch at 574 Village Court, Garner, North 

Carolina.

FOUR OAKS BANK & TRUST 

COMPANY

Newspaper:

Federal Register:

* Branch

Not applicable

Gateway Bank and Trust Co., Elizabeth City, 03/31/2008

North carolina, proposes to establish a branch 

located at 152 Capcom Avenue, Wake Forest, 

North Carolina.

GATEWAY BANK & TRUST CO.

Newspaper:

Federal Register:

* Branch

Not applicable

Highlands Union Bank, Abingdon, Virginia, 03/25/2008

proposes to establish a branch location at 1824 

Veterans Blvd., Sevierville, Tennessee.

HIGHLANDS UNION BANK

Newspaper:

Federal Register:

3A1 Not applicable

Not applicable

NewDominion Financial Corporation, Inc., 

Charlotte, North Carolina, to acquire 100% of 

NewDominion Bank, Charlotte, North Carolina.

NewDominion Financial 

Corporation, Inc.

Newspaper:

Federal Register:

CIC 04/02/2008

04/07/2008

Mr. John R. Maxwell, Ashburn, Virginia, Ms. 

Jean M. Edelman, Fairfax, Virginia, Mr. Michael 

T. Foster, Arlington, Virginia, Mr. Subhash K. 

Garg, McLean, Virginia, Mr. Jonathan C. 

Kinney, Arlington, Virginia, Mr. O. Leland 

Mahan, Leesburg, Virginia, Mr. Lim P. Nguonly, 

Vienna, Virginia, Mr. Paul W. Bice, Ashburn, 

Virginia, Ms. Sonia N. Johnston, Herndon, 

Virginia, and Mr. William J. Ridenour, Clifton, 

Virginia, acting as a group to control up to 

18.18% of the voting securities of Security One 

Bank, Falls Church, Virginia.

SECURITY ONE BANK

Newspaper:

Federal Register:

* 3A1 Not available

04/14/2008

Select Bancorp, Inc., Greenville, North Carolina, 

to become a bank holding company by 

acquiring 100% of Select Bank & Trust 

Company, Greenville, North Carolina.

SELECT BANCORP, INC.

Newspaper:

Federal Register:

Member Not available

* Branch Not applicable

Virginia Partners Bank, Fredericksburg, Virginia 

(in organization), to become a member of the 

Federal Reserve System and to establish two 

branches.

VIRGINIA PARTNERS BANK

* Subject to the provisions of the Community Reinvestment Act
District: 5

Federal Reserve Bank of Richmond

Availability of CRA Public Evaluations 

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in 

which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and 

is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated 

periodically. That record is taken into account in considering an institution's application for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 6

Federal Reserve Bank of Atlanta

Filings received during the week ending March 22, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

4c8 Not applicable

Not available

Banco Bilbao Vizcaya Argentaria, S.A., Bilbao, 

Spain, to acquire 100 percent of the voting 

securities of Proxima Alfa Investments (USA) 

LLC, New York, New York, and thereby engage 

in the following: (i) providing investment and 

financial advisory services, including acting as 

a registered investment adviser and as a 

registered commodity trading adviser; (ii) 

providing as agent transactional services with 

respect to derivatives, forward contracts, 

futures, options, swaps and similar 

transactions; (iii) serving as investment adviser 

to, general partner or managing member of (and, 

if appropriate, acting as a commodity pool 

operator for), and holding and placing equity 

interests in, private investment funds (including 

limited partnerships, limited liability companies 

and similar investment vehicles) ("Private 

Investment Funds") that invest only in 

securities, derivatives, commodity contracts, 

and other assets and instruments that a bank 

holding company would be permitted to hold 

directly under the BHCA ("Private Investment 

Fund Activities"). These activities have been 

approved by prior Board Orders (see 

e.g.,Meridian Bancorp, Inc., 80 Fed Res. Bull. 

736 (1994); The Bessemer Group, Inc., 82 Fed. 

Res. Bull. 569 (1996); Dresdner Bank AG, 84 Fed. 

Res. Bull. 985 (1998); UBS AG, 84 Fed. Res. Bull. 

684 (1998); Travelers Group Inc., 84 Fed. Res. 

Bull. 985 (1998); KeyCorp, 84 Fed. Res. Bull. 

1075 (1998); First Security Corporation, 85 Fed. 

Res. Bull. 207 (1999); Banque National de Paris, 

86 Fed. Res. Bull. 118 (2000); Letter from the 

Federal Reserve Bank of New York, dated June 

3, 2003 (approval for Commerzbank); and Letter 

from the Federal Reserve Bank of Boston, dated 

December 16, 2002 (approval for Boston Private 

Financial Holdings, Inc.)); and (iv) investing 

and trading in foreign exchange, forward 

contracts, options, futures, options on futures, 

swaps and similar contracts, whether traded on 

exchanges or not, based on any rate, price, 

financial asset (other than a bank-ineligible 

security), nonfinancial asset, group of assets or 

index of any of the foregoing.

BANCO BILBAO VIZCAYA 

ARGENTARIA, S.A.

Newspaper:

Federal Register:

* Branch

Not applicable

The Brand Banking Company, Lawrenceville, 03/26/2008

Georgia, to establish a branch located at 480 

Peachtree Industrial Boulevard, Suwanee, 

Georgia.

BRAND BANKING COMPANY, 

THE

* Subject to the provisions of the Community Reinvestment Act
District: 6

Federal Reserve Bank of Atlanta

Filings received during the week ending March 22, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

FBSEA Not available

Not applicable

Caixa de Aforros de Vigo, Ourense e 

Pontevedra, Vigo, Spain, to establish 

international bank branches in New York, New 

York, Chicago, Illinois, Los Angeles, California, 

and Houston, Texas.

CAIXA DE AFORROS DE VIGO, 

OURENSE E PONTEVEDRA

Newspaper:

Federal Register:

4c8 Not applicable

Not applicable

Franklin Financial Network, Inc., to establish 

Banc Compliance Group, Inc., and its 

subsidiary, Banc Compliance Group, LLC, all of 

Franklin, Tennessee, and thereby engage de 

novo in providing management consulting and 

counseling activities.

FRANKLIN FINANCIAL 

NETWORK, INC.

Newspaper:

Federal Register:

* 3A3 04/12/2008

04/17/2008

Gateway Financial Holdings of Florida, Inc., 

Daytona Beach, Florida, to acquire 100 percent 

of the outstanding shares of Gateway Bank of 

Southwest Florida, Sarasota, Florida (in 

organization).

GATEWAY FINANCIAL 

HOLDINGS OF FLORIDA, INC.

Newspaper:

Federal Register:

* 3A1 Not available

04/18/2008

Resurgens Bancorp, to become a bank holding 

company by acquiring 100 percent of the 

outstanding shares of Resurgens Bank, Atlanta, 

Georgia (in organization).

RESURGENS BANCORP, INC.

* Subject to the provisions of the Community Reinvestment Act
District: 6

Federal Reserve Bank of Atlanta

Availability of CRA Public Evaluations 

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in 

which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and 

is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated 

periodically. That record is taken into account in considering an institution's application for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 7

Federal Reserve Bank of Chicago

Filings received during the week ending March 22, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

Member Not available

* 18C

* Branch

Not applicable

Alpine Bank of Illinois, Rockford, Illinois, to 

become a member of the Federal Reserve 

System, and by Alpine Bank of Illinois, 

Rockford, Illinois, to merge with Belvidere 

National Bank & Trust Company, Belvidere, 

Illinois, and thereby to establish 7 branches.

ALPINE BANK OF ILLINOIS

Newspaper:

Federal Register:

* 3A3 04/09/2008

04/10/2008

Crete Bancorporation, Inc., Crete, Illinois, to 

acquire 9.9 percent of the outstanding voting 

shares of St. Anne Bancorp, Inc., Manteno, 

Illinois, and thereby indirectly acquire control of 

National Bank of St. Anne, Saint Anne, Illinois.

CRETE BANCORPORATION, 

INC.

Newspaper:

Federal Register:

* 3A1 Not available

4c8 04/09/2008

First Fontanelle Employee Stock Ownership 

Plan and Trust, Fontanelle, Iowa, to become a 

bank holding company by acquiring 30.76 

percent of First Fontanelle Bancorporation, 

Fontanelle, Iowa, and thereby indirectly acquire 

First National Bank, Greenfield, Iowa, and also, 

to indirectly engage in insurance agency 

activities through Corn Belt Insurance Agency, 

Massena, Iowa, an activity of First Fontanelle 

Bancorporation.

FIRST FONTANELLE EMPLOYEE 

STOCK OWNERSHIP PLAN AND 

TRUST

Newspaper:

Federal Register:

* Branch

Not applicable

Hinsdale Bank & Trust Company, Hinsdale, 03/14/2008

Illinois, to establish a branch to be located at 

Plymouth Place Senior Living, 315 N. LaGrange 

Road, LaGrange Park, Illinois.

HINSDALE BANK & TRUST 

COMPANY

Newspaper:

Federal Register:

* 3A3 03/27/2008

04/21/2008

Minier Financial, Inc. Employee Stock 

Ownership Plan w/401(k) Provisions, Minier, 

Illinois, to increase its ownership of Minier 

Financial, Inc., Minier, Illinois, from 27 percent 

to up to 51 percent, and thereby increase its 

indirect ownership of First Farmers State Bank, 

Minier, Illinois.

MINIER FINANCIAL, INC. 

EMPLOYEE STOCK OWNERSHIP 

PLAN W/401(K) PROVISIONS

Newspaper:

Federal Register:

* 18C Not available

* Branch Not applicable

State Bank of the Lakes, Antioch, Illinois, to 

purchase the assets and assume the liabilities of 

the Lake Villa, Illinois branch of Libertyville 

Bank and Trust Company, Libertyville, Illinois, 

and thereby to establish a branch located at 345 

South Milwaukee Avenue, Lake Villa, Illinois.

STATE BANK OF THE LAKES

Newspaper:

Federal Register:

* 3A1 Not available

04/07/2008

Wisconsin Bancorp, Inc., Milwaukee, 

Wisconsin, to become a bank holding company 

by acquiring 100 percent of the voting shares of 

Mid America Bank, Janesville, Wisconsin.

WISCONSIN BANCORP, INC.

* Subject to the provisions of the Community Reinvestment Act
District: 7

Federal Reserve Bank of Chicago

Availability of CRA Public Evaluations 

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in 

which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and 

is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated 

periodically. That record is taken into account in considering an institution's application for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 8

Federal Reserve Bank of St. Louis

Filings received during the week ending March 22, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* Branch

Not applicable

Arvest Bank, Fayetteville, Arkansas, to 03/31/2008

establish a branch facility to be located at 2403 

West Republic Road, Springfield, Missouri.

ARVEST BANK

Newspaper:

Federal Register:

* Branch

Not applicable

Arvest Bank, Fayetteville, Arkansas, to 03/31/2008

establish a branch facility to be located at 1133 

N. Bryant Avenue, Edmond, Oklahoma.

ARVEST BANK

Newspaper:

Federal Register:

* 3A3

Not available

First Cecilian Bancorp, Inc., Cecilia, Kentucky, 04/12/2008

to acquire 16.38 percent of Hambac, Inc., 

Hodgenville, Kentucky, and thereby indirectly 

acquire Lincoln National Bank of Hodgenville, 

Hodgenville, Kentucky.

FIRST CECILIAN BANCORP, INC.

Newspaper:

Federal Register:

* 3A3 04/04/2008

04/04/2008

First Community Bancshares, Inc., Batesville, 

Arkansas, to acquire 100 percent of Goodman 

State Bank, Goodman, Missouri.

FIRST COMMUNITY 

BANCSHARES, INC.

* Subject to the provisions of the Community Reinvestment Act
District: 8

Federal Reserve Bank of St. Louis

Availability of CRA Public Evaluations 

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in 

which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and 

is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated 

periodically. That record is taken into account in considering an institution's application for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 9

Federal Reserve Bank of Minneapolis

Filings received during the week ending March 22, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

CIC Not available

04/07/2008

Change in Control notice by John M. Morrison 

Revocable Trust #4, dated January 18, 2000, 

John M. Morrison Trustee, Naples, Florida, to 

gain control of Central Bancshares Inc., Golden 

Valley, Minnesota and thereby indirectly gain 

control of Central Bank, Stillwater, Minnesota.

CENTRAL BANCSHARES, INC.

Newspaper:

Federal Register:

* 3A5 Not available

04/17/2008

Frandsen Financial Corporation, Arden Hills, 

Minnesota, to merge with Anderson Financial 

Group, Inc., Wayzata, Minnesota and thereby 

indirectly acquire Northern National Bank, 

Nisswa, Minnesota.

FRANDSEN FINANCIAL 

CORPORATION

Newspaper:

Federal Register:

* 3A5 Not available

04/17/2008

Frandsen Financial Corporation, Arden Hills, 

Minnesota, to merge with Tower Bancshares, 

Inc., Cloquet, Minnesota, and thereby indirectly 

acquire State Bank of Tower, Tower, Minnesota.

FRANDSEN FINANCIAL 

CORPORATION

Newspaper:

Federal Register:

* 18C

* Branch Not applicable

Glacier Bank, Kalispell, Montana, to merge with 03/28/2008

Glacier Bank of Whitefish, Whitefish, Montana 

and incident thereto, proposes to establish 

branches at 319 East Second Street, Whitefish, 

Montana, 222 Dewey Avenue, Eureka, 

Montana, and 6195 Hwy 93 South, Whitefish, 

Montana.

GLACIER BANK

Newspaper:

Federal Register:

* 3A3 Not available

Not available

Hazen Bancorporation, Inc., Hazen, North 

Dakota, to acquire additional shares of the 

outstanding stock of North Star Holding 

Company, Inc., Jamestown, North Dakota, to 

increase its ownership to 19.20%, and thereby 

indirectly acquire Unison Bank, Jamestown, 

North Dakota and Unison Bank, Mesa, Arizona, 

a de novo bank.

HAZEN BANCORPORATION, 

INC.

Newspaper:

Federal Register:

* 3A3 Not available

Not available

Hazen Bancorporation, Inc., Hazen, North 

Dakota, through its 19.20% ownership of North 

Star Holding Company, Inc., Jamestown, North 

Dakota, to acquire indirect control of Unison 

Bank, Mesa, Arizona, a de novo bank.

HAZEN BANCORPORATION, 

INC.

Newspaper:

Federal Register:

* 3A3 Not available

Not available

McIntosh County Bank Holding Company, Inc., 

Ashley, North Dakota, to acquire additional 

shares of the outstanding stock of North Star 

Holding Company,Inc., Jamestown, North 

Dakota, to maintain its 33.33% ownership, and 

thereby indirectly acquire Unison Bank, 

Jamestown, North Dakota and Unison Bank, 

Mesa, Arizona, a de novo bank.

MCINTOSH COUNTY BANK 

HOLDING COMPANY, INC.

Newspaper:

Federal Register:

* 3A3 Not available

Not available

McIntosh County Bank Holding Company, Inc., 

Ashley, North Dakota, through its 33.33% 

ownership of North Star Holding Company, Inc., 

Jamestown, North Dakota, to acquire indirect 

control of Unison Bank, Mesa, Arizona, a de 

novo bank.

MCINTOSH COUNTY BANK 

HOLDING COMPANY, INC.

* Subject to the provisions of the Community Reinvestment Act
District: 9

Federal Reserve Bank of Minneapolis

Filings received during the week ending March 22, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A3 Not available

Not available

North Star Holding Company, Inc., Jamestown, 

North Dakota, to acquire 100% of Unison Bank, 

Mesa, Arizona, a de novo bank.

NORTH STAR HOLDING 

COMPANY, INC.

Newspaper:

Federal Register:

CIC Not available

04/09/2008

Notice by Louis B. Olsen, Eagan, Minnesota, to 

acquire 23% of the shares of Northern Star 

Financial, Inc., Mankato, Minnesota, and 

thereby indirectly gain control of Northern Star 

Bank, Mankato, Minnesota.

NORTHERN STAR FINANCIAL, 

INC.

Newspaper:

Federal Register:

CIC Not available

Not available

Notice by Timothy A. Tierney, Madison, 

Wisconsin,as an individual, and as part of a 

group in concert with Mark R. Tierney, Superior, 

Wisconsin, and David S. Tierney, Eden Prairie, 

Minnesota, to acquire control of Superior 

Bancorporation LTD, Superior, Wisconsin, and 

thereby indirectly acquire control Community 

Bank Superior, Superior, Wisconsin.

SUPERIOR BANCORPORATION, 

LTD.

Newspaper:

Federal Register:

* 3A3 Not available

Not available

Wishek Bancorporation, Inc., Wishek, North 

Dakota, through its 28.26% ownership of North 

Star Holding Company, Inc., Jamestown, North 

Dakota, to acquire indirect control of Unison 

Bank, Mesa, Arizona, a de novo bank.

WISHEK BANCORPORATION, 

INC.

* Subject to the provisions of the Community Reinvestment Act
District: 9

Federal Reserve Bank of Minneapolis

Availability of CRA Public Evaluations 

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in 

which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and 

is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated 

periodically. That record is taken into account in considering an institution's application for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 10

Federal Reserve Bank of Kansas City

Filings received during the week ending March 22, 2008

Filer Filing Type Filing Proposal End of Comment Period

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 10

Federal Reserve Bank of Kansas City

Availability of CRA Public Evaluations 

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in 

which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and 

is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated 

periodically. That record is taken into account in considering an institution's application for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 11

Federal Reserve Bank of Dallas

Filings received during the week ending March 22, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A3 Not available

04/18/2008

Central Bancorp, Inc., Garland, Texas, to acquire 

100 percent of Jones County Bank, Haddock, 

Georgia.

CENTRAL BANCORP, INC.

Newspaper:

Federal Register:

* Branch Not available

Not applicable

Comerica Bank, Dallas, Texas, to establish a 

branch to be located at 13920 City Center Drive, 

Chino Hills, California 91709.

COMERICA BANK

Newspaper:

Federal Register:

4c8 Not applicable

Not applicable

First National Bank Group, Inc., Edinburg, 

Texas, to acquire indirectly through Southside 

Bancshares, Inc., Tyler, Texas, and its sole bank 

subsidiary, Southside Bank, Tyler, Texas, a 51 

percent interest in Southside Financial Gruop, 

LLC, Arlington, Texas, to engage in lending 

activities pursuant to Section 225.28(b)(1) of 

Regulation Y.

FIRST NATIONAL BANK 

GROUP, INC.

Newspaper:

Federal Register:

* 3A1 04/10/2008

04/11/2008

Texas American Acquisition Group, Inc., Fort 

Worth, Texas, to become a bank holding 

company by acquiring 100 percent of Liberty 

Bank, North Richland Hills, Texas.

TEXAS AMERICAN 

ACQUISITION GROUP, INC.

* Subject to the provisions of the Community Reinvestment Act
District: 11

Federal Reserve Bank of Dallas

Availability of CRA Public Evaluations 

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in 

which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and 

is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated 

periodically. That record is taken into account in considering an institution's application for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 12

Federal Reserve Bank of San Francisco

Filings received during the week ending March 22, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A3 04/19/2008

04/21/2008

Wells Fargo & Company, San Francisco, 

California, to acquire 100 percent of The 

Jackson State Bank & Trust, Jackson, Shoshone 

First Bank, Cody, Sheridan State Bank, 

Sheridan, and First State Bank of Pinedale, 

Pinedale, all of Wyoming, and to acquire certain 

assets and assume certain liabilities of United 

Bancorporation of Wyoming, Inc., Jackson, 

Wyoming.

WELLS FARGO & COMPANY

* Subject to the provisions of the Community Reinvestment Act
District: 12

Federal Reserve Bank of San Francisco

Availability of CRA Public Evaluations 

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in 

which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and 

is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated 

periodically. That record is taken into account in considering an institution's application for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act