Federal Reserve Release, H2, Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received

Release dates | Full version (300 KB PDF)
Actions by the Board | Actions under delegated authority
Applications and reports:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco

District: 6
Federal Reserve Bank of: Atlanta

Filings received during the week ending February 25, 2006

Filer Filing Type Filing Proposal End of Comment Period
CUMBERLAND BANK * Branch Cumberland Bank, Franklin, Tennessee, to establish a branch located at 175 East Main Street, Hendersonville, Tennessee.
Newspaper: 03/07/2006
Federal Register: Not applicable
SECURITY BANK CORPORATION * 3A5 Security Bank Corporation, Macon, Georgia, to merge with Neighbors Bancshares, Inc., and thereby acquire its subsidiary, Neighbors Bank, both of Alpharetta, Georgia.
Newspaper: 03/13/2006
Federal Register: 03/17/2006
SOUTHEASTERN BANK FINANCIAL CORPORATION CIC Southeastern Bank Financial Corporation, Augusta, Georgia, after-the-fact change in control notification filed by the Pollard Family Group (Jennie Floyd Pollard, Robert W. Pollard, Jr., Patricia D. Pollard, Zachary Duncan Pollard, Ann Elizabeth Pollard, Richard Daniel Blanton, Patricia Pollard Blanton, Thomas Vinson Blanton, II, Jennie Briggs Blanton, Clayton Edward Blanton, Lee Blanton West, Levi Anderson Pollard, V, Levi Anderson Pollard, VI, Lucy Ann Pollard, Pollard Land Company, all of Appling, Georgia, and Robert William Pollard, III, Evans, Georgia, Richard Daniel Blanton, Jr., Carrollton, Georgia, Lynn Pollard Nickerson and Paul Rush Battle, both of Atlanta, Georgia, and RWP, Sr. Enterprises, LLLP, Appling, Georgia, Robert W. Pollard, Jr., Patricia Pollard Blanton, Levi Anderson Pollard, V, and Lynn Pollard Nickerson, general partners), to retain 47.9 percent of Southeastern Bank Financial Corporation, and its subsidiary bank, Georgia Bank & Trust, both of Augusta, Georgia.
Newspaper: Not available
Federal Register: 02/27/2006
SUNTRUST BANK * Branch SunTrust Bank, Atlanta, Georgia, to establish branches at the following locations: 162 Seven Farms Drive, Charleston, South Carolina, to be known as the Daniel Island Office; 1440 Ben Sawyer Boulevard, Mt. Pleasant, South Carolina, to be known as the Mt. Pleasant Bi-Lo Office; 3125 Bees Ferry Road, Charleston, South Carolina, to be known as the Bees Ferry Bi-Lo Office; and 975 Bacons Bridge Road, Summerville, South Carolina, to be known as the Summerville Station Bi-Lo Office.
Newspaper: 03/07/2006
Federal Register: Not applicable
UPPER CUMBERLAND BANCSHARES, INC. * 3A3 Upper Cumberland Bancshares, Inc., and its parent company, Employee Stock Ownership Trust of People's Bank and Trust Company of Pickett County, both of Byrdstown, Tennessee, to acquire 100 percent of the outstanding shares of People's Bank and Trust Company of Clinton County, Albany, Kentucky (in organization).
Newspaper: 02/26/2006
Federal Register: 02/24/2006


Availability of CRA Public Evaluations

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated periodically. That record is taken into account in considering an institution's application for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.
 
Institution / Location
RSSD
ID
 
Exam Date
CRA
Public Date
CRA
Rating
Exam Method
NONE


CRA Examinations scheduled for     Quarter of

Institution Location
NONE

Release dates | Full version (300 KB PDF)
Actions by the Board | Actions under delegated authority
Applications and reports:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco