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 January 1, 2011

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Bank Branches, DomesticRichmond          EagleBank, Bethesda, Maryland -- to establish a branch at 4420 North Fairfax Drive, Arlington, Virginia.            -Approved, December 29, 2010            Bank Holding CompaniesDirector, BS&R          Ally Financial, Inc., Detroit, Michigan, and Ally Bank, Midvale, Utah -- relief from certain conditions relating to sections 23A and 23B of the Federal Reserve Act that were imposed in connection with the application by Ally Financial (formerly GMAC LLC) to become a bank holding company.            -Granted, December 23, 2010            (A/C)          Minneapolis          Bigfork Bancshares, Inc., Bigfork, Minnesota -- to engage de novo in extending credit and servicing loans.            -Approved, December 31, 2010            Minneapolis          Bitterroot Holding Company, Lolo, Montana -- to increase its ownership in West One Bank, Kalispell.            -Approved, December 30, 2010            Atlanta          First State Bank of the Florida Keys Holding Company, Key West, Florida -- relief from a commitment.            -Granted, December 28, 2010            Atlanta          Franklin Acquisition Company, LLC, Tampa, Florida -- to become a bank holding company and to acquire Anderen Financial, Inc., Palm Harbor, and its subsidiary, Anderen Bank; for Florida Bank Group, Inc., Tampa, to merge with Franklin Acquisition and thereby acquire Anderen Financial and Anderen Bank; and for Florida Bank, Tampa, to merge with Anderen Bank.            -Withdrawn, December 20, 2010            (A/C)          Atlanta          PFGBI, LLC, McDonough, Georgia -- to become a bank holding company and to acquire shares of Montgomery County Bankshares, Inc., Ailey, and Montgomery Bank & Trust.            -Approved, December 29, 2010            Secretary          Texas Country Bancshares, Inc., Brady, Texas -- to purchase loans from its subsidiary bank, Uvalde National Bank, Uvalde, and thereby engage de novo in extending credit and servicing loans.            -Approved, December 22, 2010            (A/C)          Bank MergersSecretary          1st United Bank, Boca Raton, Florida -- to purchase certain assets and assume certain liabilities of The Bank of Miami, National Association, Coral Gables.            -Approved, December 17, 2010            (A/C)          St. Louis          Centennial Bank, Conway, Arkansas -- to purchase the assets and assume the deposit liabilities of First Southern Bank, Batesville, and to retain the acquired facilities as branches.            -Withdrawn, December 27, 2010            Dallas          First State Bank of Mineral Wells, Mineral Wells, Texas -- to purchase certain assets and assume certain liabilities of Crockett National Bank, Ozona, and to establish a branch at 1901 Wall Street, Weatherford.            -Approved, December 27, 2010            Change in Bank ControlPhiladelphia          Asian Financial Corporation, Philadelphia, Pennsylvania -- change in bank control of Asian Financial and its subsidiary bank, Asian Bank, Philadelphia.            -Permitted, December 29, 2010            Chicago          Bippus State Corporation, Huntington, Indiana -- to retain control of Bippus and its subsidiary bank, Bippus State Bank, Huntington.            -Permitted, December 31, 2010            Extensions of TimeDirector, BS&R          Bank of America Corporation, Charlotte, North Carolina -- one-year extension of time to conform or divest certain impermissible nonbanking activities and investments.            -Granted, December 30, 2010            International OperationsDirector, BS&R          Ally Financial, Inc., Detroit, Michigan -- waiver of remainder of prior-notification period to make an additional investment in ResMor Trust Company, Toronto, Canada.            -Granted, December 21, 2010            (A/C)          Director, BS&R          Citibank, N.A., Las Vegas, Nevada, and Citibank Overseas Investment Corporation, New Castle, Delaware -- waiver of remainder of prior-notification period to make additional investments in Banco Citibank, S.A., Sao Paulo, Brazil, and Banco Citicard, S.A.            -Granted, December 22, 2010            (A/C)          Director, BS&R          JPMorgan Chase Bank, National Association, Columbus Ohio -- waiver of remainder of prior-notification period to establish a branch in Doha, Qatar, and to expand the activities of its existing branch in Riyadh, Kingdom of Saudi Arabia.            -Granted, December 21, 2010            (A/C)          Director, BS&R          Key Equipment Finance International, Inc., Superior, Colorado -- waiver of remainder of prior-notification period to make additional investments in Key Equipment Finance Ireland Limited, Dublin, Ireland, and Key Equipment Finance Netherlands, B.V., Utrecht, Netherlands, indirectly through Key Equipment Finance Europe Limited, Berkshire, United Kingdom.            -Granted, December 23, 2010            (A/C)          MembershipSecretary          Bank of Texas, Midland, Texas -- to become a member of the Federal Reserve System.            -Approved, December 27, 2010            
Release dates |     Full version (300 KB PDF)Board Actions |     Actions under delegated authority    Applications and reports received: