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 March 22, 2008

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Bank Branches, DomesticSt. LouisAllied Bank, Mulberry, Arkansas  -- to establish a branch at 5701 Kavanaugh Boulevard, Little Rock.					-Approved, March 17, 2008 					St. LouisArvest Bank, Fayetteville, Arkansas  -- to establish a branch at 524 North Main, Stillwater, Oklahoma.					-Approved, March 21, 2008 					RichmondThe Bank of Marion, Marion, Virginia  -- to establish a branch at 201 Valley Street, Abingdon.					-Approved, March 18, 2008 					Kansas CityThe Community State Bank, Poteau, Oklahoma  -- to establish a branch at 902 Dallas Street, Talihina.					-Approved, March 20, 2008 					AtlantaCompass Bank, Birmingham, Alabama  -- to establish a branch at 102 South Tejon Street, Colorado Springs, Colorado, to be known as the Alamo Center Branch.					-Approved, March 17, 2008 					ChicagoHinsdale Bank & Trust Company, Hinsdale, Illinois  -- to establish a branch at Plymouth Place Senior Living, 315 North LaGrange Road, LaGrange Park.					-Approved, March 21, 2008 					San FranciscoOregon Pacific Banking Co., Florence, Oregon  -- to establish a mobile branch courier service to serve the counties of Coos and Douglas.					-Approved, March 19, 2008 					

Bank Holding CompaniesChicagoBancorp of New Glarus, Inc., New Glarus, Wisconsin  -- to acquire Bank of Juda, Juda.					-Approved, March 20, 2008 					ChicagoBank Iowa Corporation, West Des Moines, Iowa  -- to acquire Hansen Bancorporation, Lawler, and thereby acquire State Bank of Lawler, New Hampton.					-Approved, March 20, 2008 					AtlantaCommunity 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.					-Approved, March 19, 2008 					Kansas CityFirst 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.					-Granted, March 20, 2008 					ChicagoFirst 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.					-Withdrawn, March 20, 2008 					AtlantaFirst 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.					-Approved, March 18, 2008 					DallasNational 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.					-Approved, March 20, 2008 					San FranciscoNHB 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.					-Approved, March 21, 2008 					Kansas CityPrime Bank Group, Inc., Edmond, Oklahoma  -- to become a bank holding company and to acquire Prime Bank (in organization).					-Approved, March 20, 2008 					SecretaryS&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.					-Granted, March 20, 2008 					

Banks, Nonmember, And Miscellaneous InstitutionsNew YorkCLS Bank International, New York, New York  -- to amend its articles of association.					-Approved, March 20, 2008 					

Banks, State MemberAtlantaSunrise Bank, Cocoa Beach, Florida  -- relief from a commitment.					-Withdrawn, March 17, 2008 					

Change In Bank ControlMinneapolisFlathead Holding Company of Bigfork, Bigfork, Montana  -- to retain control of Company and thereby gain control of Flathead Bank of Bigfork.					-Permitted, March 21, 2008 					Kansas CityMackey Banco, Inc., Ansley, Nebraska  -- change in bank control of Banco and its subsidiary bank, Security State Bank.					-Permitted, March 17, 2008 					Kansas CityWestern Oklahoma Bancshares, Inc., Elk City, Oklahoma  -- change in bank control of Bancshares and its subsidiary bank, Bank of Western Oklahoma.					-Permitted, March 17, 2008 					

Extensions Of TimeKansas CityExchange Bank and Trust Company, Perry, Oklahoma  -- extension to June 22, 2008, to establish a branch at 4301 West 6th, Stillwater.					-Granted, March 20, 2008 					AtlantaPyramid Financial Corporation, Anguilla, Mississippi  -- extension to June 18, 2008, to become a bank holding company and to acquire Bank of Anguilla.					-Granted, March 18, 2008 					

Financial Holding CompaniesKansas CityMorgan Capital Corporation, Fort Morgan, Colorado  -- election to become a financial holding company.					-Effective, March 19, 2008 					

MembershipAtlantaBay Financial Savings Bank, F.S.B., Tampa, Florida  -- to become a member of the Federal Reserve System upon its conversion to Bay Bank, Tampa.					-Approved, March 19, 2008 					Kansas CityPlatte Valley National Bank, Scottsbluff, Nebraska  -- to retain membership in the Federal Reserve System following its conversion from a national to a state charter.					-Approved, March 20, 2008 					Kansas CityPlatte Valley National Bank, Torrington, Wyoming  -- to retain membership in the Federal Reserve System following its conversion from a national to a state charter.					-Approved, March 20, 2008 					Kansas CityPrime Bank, Edmond, Oklahoma, (in organization)  -- to become a member of the Federal Reserve System.					-Approved, March 20, 2008 					Kansas CityTri-County National Bank, Cheyenne, Wyoming  -- to retain membership in the Federal Reserve System following its conversion from a national to a state charter.					-Approved, March 20, 2008 					

Regulations And PoliciesFOMCShort-term Interest Rates  -- decrease in the target for the federal funds rate from 3 percent to 2-1/4 percent.					-Approved, March 18, 2008 					

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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