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 January 5, 2008

Filer Filing Type Filing Proposal End of Comment Period
CAIXA DE AFORROS DE VIGO, OURENSE E PONTEVEDRA FBSEA Caixa de Aforros de Vigo, Ourense e Pontevedra, Vigo, Spain, to establish international bank branches in New York, New York, Chicago, Illinois, Los Angeles, California, and Houston, Texas.
Newspaper: Not available
Federal Register: Not applicable
CAPSTONE BANCSHARES, INC. * 3A1 Capstone Bancshares, Inc., Tuscaloosa, Alabama, to become a bank holding company by acquiring 100 percent of the outstanding shares of South Alabama Holding Company, Inc., and its subsidiary, Southwest Bank of Alabama, both of McIntosh, Alabama.
Newspaper: 01/28/2008
Federal Register: 01/25/2008
CITIZENS BANCORP, INC. CIC Prior change in control notice filed by C. Steven Lewis, New Tazewell, Tennessee, to acquire an additional 13.05 percent of the outstanding shares of Citizens Bancorp, Inc., and its subsidiary, Citizens Bank, both of New Tazewell, Tennessee. Pro forma ownership will equal 28.45 percent.
Newspaper: Not available
Federal Register: 01/23/2008
PEOPLES FINANCIAL CORPORATION 4c8 Peoples Financial Corporation, Biloxi, Mississippi, to acquire 99.99 percent of Summit William Bell Apartments, Ltd., Montgomery, Alabama, and thereby engage in community development activities.
Newspaper: Not applicable
Federal Register: Not applicable
SUMMERVILLE/TRION BANCSHARES, INC. * 3A3 Summerville/Trion Bancshares, Inc., Summerville, Georgia, to acquire 100 percent of the outstanding shares of Dunnellon State Bank, Dunnellon, Florida.
Newspaper: 12/31/2007
Federal Register: 01/04/2008
SUNTRUST BANKS, INC. * 3A5 SunTrust Banks, Inc., Atlanta, Georgia, to merge with GB&T Bancshares, Inc., Gainesville, Georgia, and thereby acquire its subsidiaries, Gainesville Bank & Trust, Gainesville, Georgia; Mountain State Bank, Dawsonville, Georgia; First National Bank of Gwinnett, Duluth, Georgia; First National Bank of the South, Milledgeville, Georgia; Home Town Bank of Villa Rica, Villa Rica, Georgia; Community Trust Bank, Hiram, Georgia; and United Bank & Trust Company, Rockmart, Georgia.
Newspaper: 01/13/2008
Federal Register: 01/15/2007


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