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 February 16, 2008

Filer Filing Type Filing Proposal End of Comment Period
ALIANT BANK * Branch Aliant Bank, Alexander City, Alabama, to establish a branch located at 200 Fieldstown Road, Gardendale, Alabama.
Newspaper: 02/20/2008
Federal Register: Not applicable
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
COMMUNITY BANK INVESTORS OF AMERICA, LP * 3A3 Community Bank Investors of America, LP, and FA Capital, LLC, both of Midlothian, Virginia, to acquire 22.95 percent of the outstanding shares of Silvergate Capital Corporation, and its subsidiary, Silvergate Bank, both of La Jolla, California.
Newspaper: 03/14/2008
Federal Register: 03/14/2008
COMPASS BANK * Branch Compass Bank, Birmingham, Alabama, to establish a branch located at 7205 Forest Oaks Boulevard, Spring Hill, Florida, to be known as the Forest Oaks Branch.
Newspaper: 02/19/2008
Federal Register: Not applicable
FIRST NBC BANK HOLDING COMPANY * 4c8 First NBC Bank Holding Company, New Orleans, Louisiana, to acquire through merger, Dryades Bancorp, Inc., and its subsidiary, Dryades Savings Bank, F.S.B., both of New Orleans, Louisiana, and thereby engage in operating a savings association.
Newspaper: 03/09/2008
Federal Register: 03/11/2008
FLORIDA BANK GROUP, INC. 4c8 Florida Bank Group, Inc., (formerly FBG Holding Company), through its subsidiary, Florida Bank Mortgage, Inc., both of Tampa, Florida, to engage de novo in making, acquiring, brokering, or servicing loans or other extensions of credit.
Newspaper: Not applicable
Federal Register: Not applicable
MERCHANTS & MARINE BANCORP, INC. 3A1 Merchants & Marine Bancorp, Inc., notice to become a bank holding company by acquiring 100 percent of the outstanding shares of Merchants & Marine Bank, both of Pascagoula, Mississippi.
Newspaper: Not applicable
Federal Register: Not applicable
REGIONS BANK * Branch Regions Bank, Birmingham, Alabama, to establish branches in the following locations: 3226 Dauphin Street, Mobile, Alabama, to be known as the Dauphin Street Branch; 3950 Airport Boulevard, Mobile, Alabama, to be known as the McGregor Square Branch; 7885 Moffett Road, Semmes, Alabama, to be known as the Moffett and Schillinger Branch; 1097 Industrial Parkway, Saraland, Alabama, to be known as the Saraland Branch; Highway 18 and Chadwick Drive, Jackson, Mississippi, to be known as the Metro Center Branch; South Mt. Juliet Road and Providence Boulevard, Mt. Juliet, Tennessee, to be known as the South Mt. Juliet Branch; Commerce Palms Drive and Bruce B. Downs Boulevard, Tampa, Florida, to be known as the Tampa Palms Branch; 28526 Highway 23, Port Sulphur, Louisiana, to be known as Port Sulphur Branch; and the intersection of Cottage Hill Road and Dawes Road, to be known as the Cottage Hill Branch.
Newspaper: 02/27/2008
Federal Register: Not applicable
SUMMIT FINANCIAL ENTERPRISES, INC. * 3A1 Summit Financial Enterprises, Inc., to become a bank holding company through the acquisition of 100 percent of the outstanding shares of Summit Bank, N.A., Panama City, Florida (in organization).
Newspaper: Not available
Federal Register: 03/17/2008


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