Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
District 6: Federal Reserve Bank of Atlanta PDF
Filings received during the week ending January 31, 2026
| Filer | Filing Type | Filing Proposal | End of Comment Period | |
|---|---|---|---|---|
| Newspaper | Federal Register | |||
| PINNACLE BANK | Public Welfare Investment | Pinnacle Bank, Atlanta, Georgia, has requested "blanket" authority to make Low Income Housing Tax Credit (LIHTC) investments without prior approval to the extent that its aggregate investment in public welfare investments would not exceed 15 percent of its capital stock and surplus, pursuant to Section 208.22 of Regulation H. | Not applicable | Not applicable |
| TOUCHMARK BANCSHARES, INC. | Change in Bank Control | Meena Shah, Jayendrakumar J. Shah, Shveta Shah Raju, Asha Shah Prasad, Deep J. Shah, Dinesh V. Raju, Nita K. Parikh, Kiran J. Parikh, Mukund C. Raja, Dhaval S. Shah, Monal K. Shah, 455 Trust, 475 Trust, 4580 Trust, 3490 Trust, 2764 Trust, all of Duluth, Georgia; Purna N. Parikh and Purna Nitin Parikh Rev Living Trust, both of Johns Creek, Georgia; and Samir N. Sheth and Rupa S. Sheth, both of Lilburn, Georgia; to form the Shah Family Control Group, a group acting in concert, to retain voting shares of Touchmark Bancshares, Inc., and thereby indirectly retain voting shares of Touchmark Bank, both of Alpharetta, Georgia. Deep J. Shah also seeks prior approval to acquire more than 25 percent of Touchmark Bancshares, Inc., and thereby indirectly retain voting shares of Touchmark Bank. | 02/21/2026 | 02/17/2026 |
* Subject to the provisions of the Community Reinvestment Act
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 |
|---|---|---|---|---|---|
| PRIORITYONE BK, MAGEE, MISSISSIPPI | 956938 | 04/27/2024 | 10/30/2023 | S | Int Small Bank |
CRA Examinations scheduled for Quarter of
| Institution | Location | Quarter |
|---|---|---|
| NONE | ||