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 May 5, 2007

Filer Filing Type Filing Proposal End of Comment Period
BUCKHEAD COMMUNITY BANCORP, INC. * 3A5 Buckhead Community Bancorp, Inc., Atlanta, Georgia, to merge with Allied Bancshares, Inc., and thereby acquire its subsidiary, First National Bank of Forsyth County, both of Cumming, Georgia.
Newspaper: 05/25/2007
Federal Register: 05/29/2007
CAPITALSOUTH BANCORP * 18C
* 4c8
* Branch
CapitalSouth Bancorp, Birmingham, Alabama (Applicant), to acquire 100 percent of the outstanding shares of Monticello Bancshares, Inc., and its subsidiary, Monticello Bank, both of Jacksonville, Florida, and thereby engage in operating a savings association; and for Applicant's subsidiary, CapitalSouth Bank, Birmingham, Alabama, to merge with Monticello Bank, Jacksonville, Florida.
Newspaper: 05/27/2007
Federal Register: 05/31/2007
COVINGTON COUNTY BANK * Branch Covington County Bank, Andalusia, Alabama, to establish a branch located at 1290 N. Ferdon Boulevard, Crestview, Florida.
Newspaper: 05/09/2007
Federal Register: Not applicable
FOOTHILLS BANK & TRUST Member Foothills Bank & Trust, Maryville, Tennessee, to become a member of the Federal Reserve System.
Newspaper: Not applicable
Federal Register: Not applicable
GB&T BANCSHARES, INC. 4c8 GB&T Bancshares, Inc., Gainesville, Georgia, to acquire 100 percent of the outstanding shares of GB&T Mortgage, Inc., Cumming, Georgia, and thereby engage de novo in making, acquiring, brokering, or servicing loans or other extensions of credit.
Newspaper: Not applicable
Federal Register: Not available
REGIONS BANK * Branch Regions Bank, Birmingham, Alabama, to establish a branch located at Highway 441/27 and Rolling Acres, Lady Lake, Florida, to be known as the Lady Lake Branch.
Newspaper: 05/09/2007
Federal Register: Not applicable
REGIONS BANK * Branch Regions Bank, Birmingham, Alabama, to establish branches at the following locations: 4741 Military Trail, Jupiter, Florida, to be known as the Abacoa Branch; 191 East Eau Gallie, Melbourne (Satellite Beach), Florida, to be known as the Eau Gallie Beachside Branch; US Highway 41 and Miramar Avenue, Punta Gorda, Florida, to be known as the Burnt Store Branch; 600 S. Rosemary Avenue, West Palm Beach, Florida, to be known as the West Palm Beach Branch; 14795 Sunny Dell Lane, Noblesville, Indiana, to be known as the Hazel Dell Branch; and 5570 Highway 153, Chattanooga, Tennessee, to be known as the Highway 153 Branch.
Newspaper: 05/16/2007
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