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 July 15, 2006

Filer Filing Type Filing Proposal End of Comment Period
AMSOUTH BANK * Branch AmSouth Bank, Birmingham, Alabama, to establish branches at the following locations: 1310 Lakeside Village Circle, Lakeland, Florida, to be known as the Lakeside Village Branch, and at the intersection of Park Boulevard and 74th Street, Pinellas Park, Florida, to be known as the Park Boulevard Branch.
Newspaper: 07/24/2006
Federal Register: Not applicable
COMMUNITY BANCSHARES OF MISSISSIPPI, INC. EMPLOYEE STOCK OWNERSHIP PLAN * 3A3 Community Bancshares of Mississippi, Inc. Employee Stock Ownership Plan, Brandon, Mississippi, to acquire up to an additional one percent of the voting shares of common stock of Community Bancshares of Mississippi, Inc., Brandon, Mississippi, and thereby indirectly acquire its wholly-owned bank subsidiaries, Community Bank, Amory, Mississippi; Community Bank of Mississippi, Forest, Mississippi; Community Bank, Meridian, Meridian, Mississippi; Community Bank, N.A., Memphis, Tennessee; Community Bank, Ellisville, Ellisville, Mississippi; Community Bank, Coast, Biloxi, Mississippi; its 80 percent owned middle-tier bank holding company First Lucedale Bancorp, Inc., Lucedale, Mississippi, and its wholly-owned subsidiary bank Community Bank, N.A., Lucedale, Mississippi, pursuant to section 3(a)(3) of the Bank Holding Company Act. The acquisition will increase Community Bancshares of Mississippi, Inc. Employee Stock Ownership Plans ownership in Community Bancshares of Mississippi, Inc., to a maximum of 20.96.
Newspaper: Not available
Federal Register: Not available
FLORIDA GULF BANCORP, INC. * 3A1 Florida Gulf Bancorp, Inc., to become a bank holding company by acquiring 100 percent of the outstanding shares of Florida Gulf Bank, both of Fort Myers, Florida.
Newspaper: 08/06/2006
Federal Register: 08/11/2006
MADISON FINANCIAL CORPORATION CIC Madison Financial Corporation, Madison, Mississippi, after-the-fact change in control notice by John L. Harvey, Flora, Mississippi, to retain 1.98 percent of the outstanding shares of Madison Financial Corporation and its subsidiary bank, Madison County Bank, both of Madison, Mississippi. Total ownership is 11.97 percent.
Newspaper: Not available
Federal Register: Not available
OLD SOUTHERN BANK * Branch Old Southern Bank, Clemont, Florida, to establish the following branches: 2415 Aloma Avenue, Winter Park, Florida, and 250 N. Orange Avenue, Orlando, Florida.
Newspaper: 07/17/2006
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

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