ITEM 8
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 
 

FORM 8-K

 
 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 
 

Date of Report (Date of earliest event reported): October 31, 2008

 
 
 

CULLEN/FROST BANKERS, INC.

(Exact name of issuer as specified in its charter)

 
 
 
 

Texas

0-7275

74-1751768

(State or other jurisdiction

(Commission

(IRS Employer

of incorporation)

File Number)

Identification No.)

 
 

100 West Houston Street, San Antonio, Texas

78205

(Address of principal executive offices)

(Zip Code)

 
 

(210) 220-4011

(Registrant's telephone number, including area code)

 

Not Applicable

(Former name or former address, if changed since last report)

 
 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):

 

[  ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

[  ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

[  ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
     (17 CFR 240.14d-2(b))

 

[  ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
     (17 CFR 240.13e-4(c))

 
 

 

Item 8.01 Other Events

 

Attached as Exhibit 99.1 and incorporated into this item by reference is a press release issued by the Registrant on October 31, 2008 regarding its decision to not apply for funds available through the Capital Purchase Program, which is part of the federal government's Troubled Asset Relief Program to provide banks with fresh capital.

 
 

Item 9.01 Financial Statements and Exhibits

 

   (d)   Exhibits:

 
 

99.1

Press Release dated October 31, 2008

   
 
 

 

 

SIGNATURES

 
 
 

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
 
 

CULLEN/FROST BANKERS, INC.

   
   

By:  

/s/Jerry Salinas

 

Jerry Salinas

 

Senior Executive Vice President

 

and Treasurer

 
 

Dated:  

October 31, 2008

 

 

EXHIBIT INDEX

 
 
 
 

Exhibit

Number

Description

   

   99.1

Press Release October 31, 2008