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 October 18, 2008

Filer Filing Type Filing Proposal End of Comment Period
BANCO DE DESARROLLO RURAL, S.A. FBSEA Banco de Desarrollo Rural, S.A., (BANRURAL), Guatemala City, Guatemala, to establish a representative office located in Miami, Florida.
Newspaper: Not available
Federal Register: Not applicable
CITIZENS CORPORATION CIC Prior change in control notice filed by The Harry L. Rankin, Jr. Family, Columbia, Mississippi (members include Elizabeth Barrett Arinder, Elizabeth Carolyn Rankin Arinder, Lannye Olivia Brickwell Arinder, Olive Elizabeth Clower Beach, and Marianne Rankin, all of Columbia, Mississippi; Christopher Charles Rankin Arinder, Hattiesburg, Mississippi; Benjamin Thomas Newton, Ocean Springs, Mississippi; Christopher Harry Lee Rankin, College Station, Texas; and Thomas Stephen Clower Rankin, Dallas, Texas), to collectively acquire an additional 2.01 percent of the outstanding shares of Citizens Corporation, and its subsidiary, Citizens Bank, both of Columbia, Mississippi. Total pro forma ownership will equal 11.66 percent.
Newspaper: 11/12/2008
Federal Register: Not available
JONES BANCSHARES, L.P. CIC After-the-fact change in control notice filed by James C. Jones, Waycross, Georgia; Patrick C. Jones and Carole C. Jones, both of Blackshear, Georgia; to retain 35.05 percent of the outstanding shares of Jones Bancshares, LP, and its subsidiary, Primesouth Bank, both of Blackshear, Georgia.
Newspaper: 10/29/2008
Federal Register: 10/20/2008
METRO BANK OF DADE COUNTY * Branch MetroBank of Dade County, Miami, Florida, to establish a branch located at 11715 West Okeechobee Road, Hialeah Gardens, Florida.
Newspaper: 10/24/2008
Federal Register: Not applicable
REGENT BANCORP, INC. * 4c8 Regent Bancorp, Inc., Davie, Florida, to acquire 100 percent of the outstanding shares of Regent Bank, Greenville, South Carolina (in organization), and thereby engage in operating a savings association.
Newspaper: 11/15/2008
Federal Register: 11/14/2008
REGIONS BANK * Branch Regions Bank, Birmingham, Alabama, to establish branches in the following locations: at the corner of AL Hwy 67 and US Hwy 31, Decatur, Alabama, to be known as the Sixth Avenue Branch; at the Intersection of Hwy 98 (Back Beach Road) and Powell Adams Road, Panama City, Florida, to be known as the Pier Park Branch; at 1485 W. Gateway Blvd., Boynton Beach, Florida, to be known as the Gateway Branch; at W Sandlake Road at Della Drive, Orlando, Florida, to be known as the Sandlake and Bay Hill Branch; at 1300 N. Collins, Arlington, Texas, to be known as the North Arlington Branch; and at the corner of Fairchild Gardens and Kyoto Gardens (Gardens Pointe), Palm Beach Gardens, Florida, to be known as the Gardens Mall Branch.
Newspaper: 10/31/2008
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