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 24, 2009

Filer Filing Type Filing Proposal End of Comment Period
AMERICAN GATEWAY FINANCIAL CORPORATION CIC After-the-fact change in control notice filed by Marshall Truman Reynolds and Douglas Vernon Reynolds, both of Huntington, West Virginia, Samuel George Kapourales, Williamson, West Virginia, and Todd R. Fry, Barboursville, West Virginia, to collectively retain 6.64 percent of the outstanding shares of American Gateway Financial Corporation, Port Allen, Louisiana, and its subsidiary, American Gateway Bank, Baton Rouge, Louisiana. Total pro forma ownership is 16.57 percent.
Newspaper: Not available
Federal Register: 01/30/2009
CAPITALSOUTH BANCORP CIC Prior change in control notice filed by David Weir Wood, II, Laura Halsey Wood, John Halsey Wood, David Weir Wood, III, Sidney Wood Clapp, Katherine Wood Hamilton, all of Birmingham, Alabama, and Susan Wood Soule, Pensacola, Florida, to collectively acquire 5.03 percent of the outstanding shares of common stock of Capital South Bancorp, and its subsidiary CapitalSouth Bank, both of Birmingham, Alabama. Total pro forma ownership will equal 14.83.
Newspaper: 02/03/2009
Federal Register: 02/09/2009
CAPITALSOUTH BANCORP CIC Prior change in control notice filed by Harold B. Dunn, Birmingham, Alabama, Harold Crockett Dunn,Salinas, California, and Rebecca Dunn Bryant, Fairhope, Alabama, to collectively acquire 1.77 percent of the outstanding shares of CapitalSouth Bancorp, and its subsidiary, CapitalSouth Bank, both of Birmingham, Alabama. Total pro forma ownership will equal 11.53 percent.
Newspaper: 02/03/2009
Federal Register: 02/09/2009
SUNTRUST BANK * Branch SunTrust Bank, Atlanta, Georgia, to establish a branch located at 3330 Forum Boulevard, Fort Myers, Florida, to be known as the The Forum Office.
Newspaper: 01/29/2009
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 2009 ()

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