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 December 24, 2011

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Bank Branches, DomesticSan Francisco          East West Bank, Pasadena, California -- to establish a branch at 19625 Stevens Creek Boulevard, Cupertino.            -Approved, December 21, 2011            Secretary          Liberty Bank of Arkansas, Jonesboro, Arkansas -- to establish a branch at 1400 East Joyce Boulevard, Fayetteville.            -Approved, December 19, 2011            Richmond          Sandy Spring Bank, Olney, Maryland -- to establish a branch at 5250 Port Royal Road, Springfield, Virginia.            -Approved, December 21, 2011            Bank Holding CompaniesKansas City          Bluechip Bancshares, LLC, Oklahoma City, Oklahoma -- to become a bank holding company and to acquire Elmore City Bancshares, Inc., Elmore City, and its subsidiary bank, First State Bank.            -Approved, December 22, 2011            Atlanta          CenterState Banks, Inc., Davenport, Florida -- to engage in making, acquiring, brokering, or servicing loans or other extensions of credit though its subsidiary, R4ALL, Inc., Davenport.            -Approved, December 22, 2011            Kansas City          Community Bancshares Employee Stock Ownership Plan, Neosho, Missouri -- to acquire shares of Community Bancshares, Inc., Neosho, and Community Bank & Trust.            -Approved, December 22, 2011            St. Louis          First Arkansas BancShares, Inc., Jacksonville, Arkansas -- to acquire shares of FAS Capital, LLC, Atlanta, Georgia, and thereby engage in lending activities.            -Withdrawn, December 19, 2011            Kansas City          Northern Valley Financial, LLC, Almena, Kansas -- to become a bank holding company and to acquire Almena State Bank, Almena.            -Withdrawn, December 22, 2011            Bank MergersSt. Louis          Centennial Bank, Conway, Arkansas -- to purchase the assets and assume the deposit liabilities of Premier Community Bank of the Emerald Coast, Crestview, Florida, and to retain the acquired facilities as branches.            -Withdrawn, December 20, 2011            St. Louis          Heber Springs State Bank, Heber Springs, Arkansas -- to merge with Eagle Bank and Trust Company, Little Rock, and to retain the acquired facilities as branches.            -Approved, December 21, 2011            Change in Bank ControlChicago          A. M. Saylor, Incorporated, Hampton, Iowa -- change in bank control of A.M. Saylor and its subsidiary bank, First National Bank of Hampton, Hampton.            -Permitted, December 22, 2011            St. Louis          Carroll Financial Services, Inc., Huntingdon, Tennessee -- change in bank control of Carroll Financial and its subsidiary bank, Carroll Bank and Trust.            -Permitted, December 22, 2011            Minneapolis          Minnwest Corporation, Minnetonka, Minnesota -- to retain control of Minnwest and its subsidiary banks, Minnwest Bank, M.V., Redwood Falls; Minnwest Bank South, Tracy; Minnwest Bank Luverne, Luverne; Minnwest Bank Central, Montevideo; Minnwest Bank Metro, Eagan; and Minnwest Bank Sioux Falls, Sioux Falls, South Dakota.            -Permitted, December 22, 2011            Minneapolis          Tradition Bancshares, Inc., Edina, Minnesota -- to retain control of Tradition and its subsidiary bank, Tradition Capital Bank, Edina.            -Permitted, December 22, 2011            Kansas City          Wilber Co., Lincoln, Nebraska -- change in bank control of Wilber and its subsidiary bank, First State Bank, Lincoln.            -Permitted, December 23, 2011            Dallas          Wills Point Financial Corporation, Wills Point, Texas -- change in bank control of Wills Point and its subsidiary bank, Citizens National Bank, Wills Point.            -Permitted, December 20, 2011            Extensions of TimeDirector, BS&R          Ally Financial Inc., Detroit, Michigan -- one-year extension of time to conform or divest certain impermissible nonbanking activities and investments.            -Granted, December 23, 2011            Director, BS&R          CIT Group Inc., New York, New York -- extension of time to divest or conform certain impermissible investments.            -Granted, December 22, 2011            International OperationsDirector, BS&R          State Street Bank and Trust Company, Boston, Massachusetts, and State Street International Holdings -- waiver of remainder of prior-notice period to invest in certain United Kingdom- and India-based subsidiaries.            -Granted, December 20, 2011            MembershipKansas City          American National Bank, Denver, Colorado -- to retain membership in the Federal Reserve System on conversion to a state-chartered bank, ANB Bank.            -Approved, December 22, 2011            Savings and Loan Holding CompaniesSecretary          Cincinnatus Community Bancorp, MHC, Cheviot, Ohio, and Cincinnatus Community Bancorp, Inc. -- issuance of a mutual holding company charter to Bancorp, MHC, and stock holding company charter to its subsidiary, Bancorp, Inc.            -Approved, December 21, 2011            
Release dates |     Full version (300 KB PDF)Board Actions |     Actions under delegated authority    Applications and reports received: