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 August 16, 2008

Filer Filing Type Filing Proposal End of Comment Period
BANCO DE SABADELL, S.A. 4c8 Banco de Sabadell, S.A., Sabadell, Spain, and its subsidiary, TransAtlantic Holding Corp., Miami, Florida, to engage de novo in making, acquiring, brokering or servicing loans or other extensions of credit, through a newly-formed subsidiary, Interstate Property Holdings, LLC, Miami, Florida.
Newspaper: Not applicable
Federal Register: Not available
BANK INDEPENDENT * 18C
* Branch
Bank Independent, Sheffield, Alabama, to merge with The Citizens Bank, Moulton, Alabama.
Newspaper: 09/10/2008
Federal Register: Not applicable
EARLY BANCSHARES, INC. * 4c8 Early Bancshares, Inc., Blakely, Georgia, to acquire 100 percent of the outstanding shares of One South Bank, Chipley, Florida (in organization), and thereby engage in operating a savings association.
Newspaper: 08/29/2008
Federal Register: 08/28/2008
FIRST GEORGIA COMMUNITY CORP. CIC Prior change in control notice filed by Charles R. Carter, Sr., Mary Ann Carter, Charles W. Carter, Jr., Laurie C. Wilder, and related interests, all of Jackson, Georgia (collectively, the Carter Family), to acquire voting shares of First Georgia Community Corp., and its subsidiary, First Georgia Community Bank, both of Jackson, Georgia.
Newspaper: 08/26/2008
Federal Register: 08/21/2008
FRANKLIN SYNERGY BANK * Branch Franklin Synergy Bank, Franklin, Tennessee, to establish a branch located at 134 4th Avenue North, Franklin, Tennessee to be known as Franklin Synergy Bank Downtown Franklin Office.
Newspaper: 08/23/2008
Federal Register: Not applicable
Piedmont Bancorp, Inc. * 3A1 Piedmont Bancorp, Inc., Norcross, Georgia, to become a bank holding company by acquiring 100 percent of the outstanding shares of First Choice Community Bank 1874, Newnan, Georgia.
Newspaper: Not available
Federal Register: Not available
SUNTRUST BANK * 18C
* Branch
SunTrust Bank, Atlanta, Georgia, to purchase certain assets and assume certain deposits and other liabilities of six branches of First Priority Bank, Bradenton, Florida.
Newspaper: Not available
Federal Register: Not applicable


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

* Subject to the provisions of the Community Reinvestment Act

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