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US Federal Reserve: h2

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Federal Reserve Release H.2 Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received No. 46 Week Ending November 17, 2001 Board of Governors of the Federal Reserve System, Washington, DC 20551 H.2 Board Actions November 11, 2001 to November 17, 2001 Enforcement Cerritos Valley Bancorp, Artesia, California, and Cerritos Valley Bank -- written agreement dated October 15, 2001, with the Federal Reserve Bank of San Francisco. - Announced, November 16,
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  Federal Reserve Release  H.2  Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received   No. 46 Week Ending November 17, 2001  Board of Governors of the Federal Reserve System, Washington, DC 20551  H.2 Board Actions November 11, 2001 to November 17, 2001 Enforcement Cerritos Valley Bancorp, Artesia, California, and Cerritos Valley Bank -- writtenagreement dated October 15, 2001, with the Federal Reserve Bank of San Francisco.- Announced, November 16, 2001State Bank of India, Mumbai, India; its New York, New York, and Chicago, Illinois,branches; and its Los Angeles, California, agency -- joint interagency issuance of a ceaseand desist order and order of assessment of a civil money penalty and monetary payment.- Announced, November 14, 2001 (AC) = Addition or Correction Board - Page 1 of 1  H.2 Actions under delegated authority November 11, 2001 to November 17, 2001 BS&RC&CAFOMC Banking Supervision and RegulationConsumer and Community AffairsFederal Open Market Committee RBOPSIFOSDM Reserve Bank Operations and Payment Systems  International Finance  Office of Staff Director for Management  Bank Branches, Domestic AtlantaCitizens Trust Bank, Atlanta, Georgia -- to establish a branch in Stonecrest Mall at 2929Turner Hill Road, Suite 2850, Lithonia.- Approved, November 15, 2001New York HSBC Bank USA, Buffalo, New York -- to establish a branch at Pacific RenaissancePlaza, 388 9th Street, Oakland, California.- Approved, November 16, 2001 Bank Holding Companies ClevelandFidelity Bancorp, Pittsburgh, Pennsylvania -- waiver of application requirement inconnection with the proposed merger of Fidelity Bancorp's subsidiary bank, FidelitySavings Bank, with Carnegie Savings Bank, FSB, and the proposed acquisition of Carnegie Savings Bank's parent holding company, Carnegie Financial Corporation.- Granted, November 9, 2001 (AC)AtlantaFirst Georgia Community Corp., Jackson, Georgia -- commitment waiver request.- Granted, November 15, 2001RichmondFirst Sentry Bancshares, Inc., Huntington, West Virginia -- to become a bank holdingcompany through the acquisition of First Sentry Bank, Inc.- Approved, November 16, 2001RichmondFNB Corporation, Christiansburg, Virginia -- to acquire Salem Community Bankshares,Inc., Salem, and Salem Bank & Trust, N.A.- Approved, November 15, 2001 (AC) = Addition or Correction Delegated - Page 1 of 5  H.2 Actions under delegated authority November 11, 2001 to November 17, 2001 Bank Holding Companies AtlantaFNC S-Corp, Douglas, Georgia -- to become a bank holding company through theacquisition of FNC Bancorp, Inc., and its subsidiary bank, First National Bank of CoffeeCounty.- Returned, November 13, 2001DallasNational United Bancshares, Inc., Gatesville, Texas -- to become a bank holdingcompany through the acquisition of National United Holdings, Inc., Wilmington,Delaware, and National Bank, Gatesville; and for National United Holdings, Inc. tobecome a bank holding company through the acquisition of National Bank.- Approved, November 16, 2001ClevelandPHSB Financial Corporation, Beaver Falls, Pennsylvania -- to become a bank holdingcompany through the acquisition of Peoples Home Savings Bank.- Approved, November 13, 2001St. LouisPRP Bancorp, Inc., Corbin, Kentucky -- to become a bank holding company through theacquisition of PRP National Bank, Pleasure Ridge Park.- Approved, November 6, 2001 (AC)MinneapolisState Bancshares, Inc., Fargo, North Dakota -- to acquire State Bank of Moorhead,Moorhead, Minnesota.- Withdrawn, November 16, 2001MinneapolisSuperior National Banc Holding Company, Superior, Wisconsin -- to become a bank holding company through the acquisition of Superior National Bank.- Approved, November 14, 2001ClevelandUNB Corp., Canton, Ohio -- to acquire BancFirst Ohio Corp., Zanesville, and itssubsidiary bank, The First National Bank of Zanesville.- Approved, November 15, 2001 (AC) = Addition or Correction Delegated - Page 2 of 5
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