Public Information Documents

Actions taken by the Federal Reserve Bank of Atlanta under delegated authority

Bank Branches, Domestic
Insbank, Nashville, Tennessee -- to establish a branch at 574 Medical Center Parkway, Murfreesboro, Tennessee.
- Approved, September 29, 2025
Synovus Bank, Columbus, Georgia -- to establish a branch at 2459 North Main Street, Summerville, South Carolina.
- Approved, September 19, 2025
Tennessee State Bank, Pigeon Forge, Tennessee -- to establish a branch at 575 West Broadway, Newport, Tennessee.
- Approved, March 5, 2025
Gulf Atlantic Bank, Key West, Florida -- to establish a branch at 1120 Southeast 17th Street, Ocala, Florida.
- Approved, February 13, 2025
Regions Bank, Birmingham, Alabama -- to establish a branch at 285 Meeting Street, Charleston, South Carolina.
- Approved, January 17, 2025
Bank Holding Companies
Colony Bankcorp, Inc., Fitzgerald, Georgia -- waiver of application to merge with TC Bancshares, Inc., and thereby indirectly acquire TC Federal Bank, both of Thomasville, Georgia, in connection with the merger of TC Federal Bank with and into Colony Bank, Fitzgerald, Georgia.
- Granted, November 14, 2025
Business First Bancshares, Inc., Baton Rouge, Louisiana -- waiver of application to acquire Progressive Bancshares, Inc., and thereby indirectly acquire Progressive Bank, both of Monroe, Louisiana, in connection with the merger of Progressive Bank with and into B1Bank, Baton Rouge, Louisiana.
- Granted, November 6, 2025
Sunmark Bancshares, Inc., Perry, Georgia -- to merge with Wheeler Bancshares, Inc., and thereby indirectly acquire Wheeler County State Bank, both of Alamo, Georgia.
- Approved, November 6, 2025
American Bancorp, Inc., Macon, Georgia -- to merge with New Republic Partners, Inc., and thereby indirectly acquire New Republic Bank, both of Charlotte, North Carolina.
- Approved, October 23, 2025
Investar Holding Corporation, Baton Rouge, Louisiana -- waiver of application to acquire and merge with Wichita Falls Bancshares, Inc., Wichita Falls, Texas, in connection with the merger of First National Bank, Wichita Falls, Texas, with and into Investar Bank, National Association, Baton Rouge, Louisiana.
- Granted, October 21, 2025
SB Financial, Inc., Mount Juliet, Tennessee -- to become a bank holding company by acquiring outstanding shares of Southern Bank of Tennessee, Mount Juliet, Tennessee.
- Withdrawn, October 17, 2025
Anchor Bancorp, Inc., Palm Beach Gardens, Florida -- partial relief from a commitment.
- Granted, October 10, 2025
Community Bancshares of Mississippi, Inc. Employee Stock Ownership Plan, Flowood, Mississippi -- to acquire voting shares of Community Bancshares of Mississippi, Inc., and thereby indirectly acquire voting shares of Community Bank of Mississippi, both of Flowood, Mississippi.
- Approved, September 22, 2025
Seacoast Banking Corporation of Florida, Stuart, Florida -- waiver of application to merge with Villages Bancorporation, Inc., and thereby indirectly acquire Citizens First Bank, both of The Villages, Florida, in connection with the merger of Citizens First Bank with and into Seacoast National Bank, Stuart, Florida.
- Granted, September 5, 2025
Millennium Bancshares, Inc., Ooltewah, Tennessee -- to merge with North Georgia Community Financial Partners, Inc., and thereby acquire North Georgia National Bank, both of Calhoun, Georgia.
- Approved, August 11, 2025
Climate First Bancorp, Inc., Winter Park, Florida -- relief from a commitment.
- Granted, August 6, 2025
Capital City Bank Group, Inc., Tallahassee, Florida -- relief from a commitment.
- Granted, July 11, 2025
Studio Financial Holdings, Inc., Nashville, Tennessee -- relief from a commitment.
- Granted, July 3, 2025
Tandem Bancorp, Inc., Tucker, Georgia -- relief from a commitment.
- Granted, July 2, 2025
MetroCity Bankshares, Inc., Doraville, Georgia -- waiver of application to acquire First IC Corporation and its subsidiary bank, First IC Bank, both of Doraville, Georgia, in connection with the merger of First IC Bank with and into Metro City Bank, Doraville, Georgia.
- Granted, June 16, 2025
FB Financial Corporation, Nashville, Tennessee -- waiver of application to merge with Southern States Bancshares, Inc., and thereby indirectly acquire its wholly owned subsidiary, Southern States Bank, both of Anniston, Alabama, in connection with the merger of Southern States Bank with and into FirstBank, Nashville, Tennessee.
- Granted, June 12, 2025
U Bancshares, Inc., Knoxville, Tennessee -- to become a bank holding company by acquiring outstanding shares of UBank, Knoxville, Tennessee.
- Approved, May 23, 2025
Eureka Investor Group, Inc., Birmingham, Alabama -- to become a bank holding company by acquiring Eureka Homestead Bancorp, Inc. (Eureka), and thereby acquiring Eureka Homestead, both of Metairie, Louisiana. In addition, Eureka will convert from a savings and loan holding company to a bank holding company in connection with Eureka Homestead's conversion from a savings association to a national bank.
- Withdrawn, May 21, 2025
Seacoast Banking Corporation of Florida, Stuart, Florida -- waiver of application to merge with Heartland Bancshares, Inc., and thereby indirectly acquire Heartland National Bank (Bank), both of Sebring, Florida, in connection with the merger of Bank with and into Seacoast National Bank, Stuart, Florida.
- Granted, May 13, 2025
Cypress Capital Group, Inc., Palm Beach, Florida -- to engage de novo in commercial lending activities pursuant to section 225.28(b)(1) of the Board's Regulation Y.
- Withdrawn, May 12, 2025
Sunstate BancShares, Inc., Coral Gables, Florida -- relief from certain commitments.
- Granted, April 25, 2025
Waterfall Bancorp, Inc., Clearwater, Florida -- to become a bank holding company by acquiring outstanding shares of Waterfall Bank, Clearwater, Florida.
- Approved, April 4, 2025
Lindsey Family Trust, Lenox, Georgia -- to become a bank holding company by acquiring Trust Holding Company, Inc., and The Trust Bank, both of Lenox, Georgia.
- Approved, March 6, 2025
Southern States Bancshares, Inc., Anniston, Alabama -- request by Davis Capital Partners, LLC, et al., for relief from certain commitments.
- Granted, February 6, 2025
Builtwell Bancorp, Inc., Chattanooga, Tennessee -- to merge with Bradley County Financial Corp. and thereby indirectly acquire Bank of Cleveland, both of Cleveland, Tennessee.
- Approved, January 23, 2025
First Commerce Bancorp, Inc., Lewisburg, Tennessee -- to acquire Peoples Bank of Middle Tennessee, Shelbyville, Tennessee.
- Approved, January 3, 2025
Bank Premises
Wayne County Bank, Waynesboro, Tennessee -- to increase its investment in bank premises.
- Approved, May 13, 2025
Change In Bank Control
Florida Bancshares, Inc., Dade City, Florida -- the Shnaider Family Trust, Sunny Isles, Florida, Charles R. White, as trustee, Birmingham, Alabama, to acquire control of Florida Bancshares, Inc., and thereby indirectly acquire control of First National Bank of Pasco, Dade City, Florida.
- Withdrawn, November 3, 2025
Financial Corporation of Louisiana, Crowley, Louisiana -- Charlotte Moody Leonards, Elizabeth Moody Gielen, and Valerie Moody Hensgens, all of Crowley, Louisiana; Rosalind Moody Robertson, Braxton I. Moody, IV, Beverly Moody Lagroue, Katherine Moody Hundley, Kevin Moody, Stephen Michael Moody, Richard Kevin Moody, II, Benjamin Armstrong Moody, Katherine Moody McCormick, and Caroline Moody Jones, all of Lafayette, Louisiana; to become members of the Moody Family Control Group, a group acting in concert, to retain voting shares of Financial Corporation of Louisiana, and thereby indirectly retain voting shares of Rayne State Bank & Trust Company, Rayne, Louisiana.
- Permitted, October 24, 2025
Heritage Financial Corporation, Columbia, Tennessee -- Edward Kent Pardon and Edward Kent Pardon IRA, both of Columbia, Tennessee; and Doris Pardon, Summertown, Tennessee; to form the Pardon Family Control Group, a group acting in concert, to retain voting shares of Heritage Financial Corporation and thereby indirectly retain voting shares of Heritage Bank & Trust, Columbia, Tennessee.
- Permitted, August 15, 2025
Peoples Bancshares of Tennessee, Inc., Madisonville, Tennessee -- C. Paul Harrison, Mary Harrison, and Max W. Waibel, all of Knoxville, Tennessee; John Harrison, Celia Harrison, Charles Allen Harrison, and Dorothy Barr, all of Philadelphia, Tennessee; Steve Harrison, Beverly Harrison, and Rebecca Harrison Dyer, all of Loudon, Tennessee; to form the Harrison Family Control Group, a group acting in concert, to retain voting shares of Peoples Bancshares of Tennessee, Inc., and thereby indirectly retain voting shares of Peoples Bank of East Tennessee, Madisonville, Tennessee.
- Permitted, July 28, 2025
Franklin Bancshares, Inc., Meadville, Mississippi -- Danielle R. Bush, individually, and as trustee of the Danielle R. Bush Revocable Trust, both of Bethesda, Maryland; Dorothea Bush Frye and Laurence W. Frye, individually and as co-trustees of the Dorothea Bush Frye Revocable Trust and the Laurence W. Frye Revocable Trust, all of Fort Lauderdale, Florida; to retain voting shares of Franklin Bancshares, Inc., and thereby indirectly retain voting shares of Bank of Franklin, Meadville, Mississippi.
- Permitted, July 23, 2025
Builtwell Bancorp, Inc., Chattanooga, Tennessee -- Amie Anderson Glenn Goodwin, Greenville, South Carolina, individually, and as general partner of Anderson Volunteer Holdings, L.P. (AVH), Longboat Key, Florida; Howard Bishop Anderson, Chattanooga, Tennessee, individually, and as managing partner of AVH; the Irrevocable Family Trust Agreement of Robert Randolf Anderson dated August 15, 2011, Chattanooga, Tennessee, Doralynn Elizabeth Garrison Anderson, Longboat Key, Florida, Amie Anderson Glenn Goodwin, and Howard Bishop Anderson, as co-trustees; and the Irrevocable Family Trust Agreement of Doralynn Elizabeth Garrison Anderson dated August 15, 2011, Chattanooga, Tennessee, Robert Randolf Anderson, Longboat Key, Florida, Amie Anderson Glenn Goodwin, and Howard Bishop Anderson, as co-trustees; to retain voting shares of Builtwell Bancorp, Inc., Chattanooga, Tennessee, and together with the aforementioned trusts and with AVH, a qualified family partnership, to become members of the Anderson Family Group, a group acting in concert, to retain voting shares of Builtwell Bancorp, Inc., and thereby indirectly retain voting shares of Builtwell Bank, Chattanooga, Tennessee, and Bank of Cleveland, Cleveland, Tennessee.
- Permitted, June 3, 2025
Centon Bancorp, Inc., Richton, Mississippi -- Hermine M. Granberry, Hattiesburg, Mississippi, and the Allision Lee Granberry Trust, William S. Granberry Jr. as Trustee, Hattiesburg, Mississippi, to join the Granberry Family Group, a group acting in concert, to retain voting shares of Centon Bancorp, Inc., and thereby retain control of Richton Bank and Trust Company, Richton, Mississippi.
- Permitted, April 10, 2025
FBDC Financial Corp., Fort Payne, Alabama -- Linda M. Young and Nathaniel J. Pierson, both of Fort Payne, Alabama, and Chris Y. Pierson, Valley Head, Alabama, to join the Young Family Control Group, a group acting in concert, to retain voting shares of FBDC Financial Corp. and thereby indirectly retain voting shares of First Fidelity Bank, Fort Payne, Alabama.
- Permitted, February 28, 2025
Anchor Bancorp Inc., Palm Beach Gardens, Florida -- Anchor Bank Irrevocable Trust, Coral Gables, Florida, Guido E. Hinojosa Cardoso, as trustee, La Paz, Bolivia, to join the Hinojosa Control Group, a group acting in concert, to acquire voting shares of Anchor Bancorp Inc. and thereby indirectly acquire voting shares of Anchor Bank, Palm Beach Gardens, Florida.
- Permitted, February 26, 2025
American Bancorp, Inc., Macon, Georgia -- Dominik Mjartan and Georgia Miller Mjartan, both of Columbia, South Carolina, as a group acting in concert, to acquire voting shares of American Bancorp, Inc., and thereby indirectly acquire voting shares of American Pride Bank, Macon, Georgia.
- Permitted, February 18, 2025
Embassy Bancshares, Inc., Lawrenceville, Georgia -- Nitin Shah and Mili N. Shah, both of Lawrenceville, Georgia; as a group acting in concert, to retain voting shares of Embassy Bancshares, Inc., and thereby indirectly retain voting shares of Embassy National Bank, Lawrenceville, Georgia.
- Permitted, January 14, 2025
Membership
FirstBank, Nashville, Tennessee -- to become a member of the Federal Reserve System.
- Approved, November 18, 2025
Trustmark National Bank, Jackson, Mississippi -- to become a member of the Federal Reserve System.
- Approved, July 15, 2025
Wayne County Bank, Waynesboro, Tennessee -- to become a member of the Federal Reserve System.
- Approved, May 13, 2025
Richton Bank and Trust Company, Richton, Mississippi -- to become a member of the Federal Reserve System.
- Approved, January 16, 2025
Banks, State Member
Synovus Bank, Columbus, Georgia -- to make two public welfare investments.
- Approved, September 18, 2025
Regions Bank, Birmingham, Alabama -- to make a public welfare investment.
- Approved, July 10, 2025
Financial Holding Companies
Peoples Bancshares, Inc., Mendenhall, Mississippi -- election to become a financial holding company.
- Effective, September 17, 2025
Craft Bancshares, Inc., Atlanta, Georgia -- election to become a financial holding company.
- Effective, July 15, 2025
EverBank Financial Corp, Jacksonville, Florida -- election to become a financial holding company.
- Effective, April 17, 2025
Waterfall Bancorp, Inc., Clearwater, Florida -- election to become a financial holding company.
- Effective, April 4, 2025
Savings and Loan Holding Companies
GBS Financial Inc., Hattiesburg, Mississippi -- to become a savings and loan holding company by acquiring Grand Bank for Savings, FSB, Hattiesburg, Mississippi.
- Approved, May 28, 2025
  • Any views expressed herein are not necessarily those of this Bank or the Federal Reserve System. Please send comments or questions to [email protected].

Last Update: December 4, 2025