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 December 10, 2005

Filer Filing Type Filing Proposal End of Comment Period
AMSOUTH BANK * Branch AmSouth Bank, Birmingham, Alabama, to establish branches at the following locations: 175 West Granada Boulevard, Ormond Beach, Florida, to be known as the Ormond Beach Branch; the intersection of US Highway 27 and Northwest 44th Avenue, Ocala, Florida, to be known as the Northwest Ocala Branch; the intersection of North Wickham Road and Post Road, to be known as the Wickham & Post Branch; the intersection of Ulrnerton Road and Seminole Boulevard, Clearwater, Florida, to be known as the Largo Mall Branch; the intersection of US 441 and SE 167th Road, Summerfield, Florida, to be known as the South Marion Branch; the intersection of County Road 581 and County Line Road, Tampa, Florida, to be known as the Wiregrass Ranch Branch; 555 Ridgewood Avenue, Holly Hill, Florida, to be known as the Holly Hill Branch; 200 Fifth Avenue, Indialantic, Florida, to be known as the Indialantic Branch; and the intersection of Edgewater Drive and Clayton Street, Orlando, Florida, to be known as the College Park Branch.
Newspaper: 12/16/2005
Federal Register: Not applicable
AMSOUTH BANK * Branch AmSouth Bank, Birmingham, Alabama, to establish branches at the following locations: the intersection of County Road 540A and Lakeland Highlands Road, Lakeland, Florida, to be known as the Highlands Square Branch; 1501 West Jackson Avenue, Oxford, Mississippi, to be known as the Oxford Branch; Cattlemen Road, just South of the Bee Ridge Road intersection, to be known as the East Sarasota Branch; the intersection of Vanderbilt Beach Road and Collier Boulevard, Naples, Florida, to be known as the Island Walk Branch; 4710 Bayou Boulevard, Pensacola, Florida, to be known as the Bayou Boulevard Branch; the intersection of Bonita Beach Road and Trade Way Two, Bonita Springs, Florida, to be known as the Bernwood Branch; the intersection of Herschel and Margaret Streets, Jacksonville, Florida, to be known as the Avondale Branch; and the intersection of State Road 64 and Lakewood Ranch, Bradenton, Florida, to be known as the North Lakewood Ranch Branch.
Newspaper: 12/19/2005
Federal Register: Not applicable
COMPASS BANCSHARES, INC. * 3A3 Compass Bancshares, Inc., Birmingham, Alabama, to acquire 100 percent of the outstanding shares of TexasBanc Holding Co., Weatherford, Texas, and indirectly acquire M & F Financial Corp., Wilmington, Delaware, and TexasBank, Fort Worth, Texas.
Newspaper: 12/19/2005
Federal Register: 12/16/2005
COMPASS BANK * Branch Compass Bank, Birmingham, Alabama, to establish a branch located at 11890 Westheimer Road, Houston, Texas, to be known as the Houston-Westheimer Branch.
Newspaper: 12/15/2005
Federal Register: Not applicable
FIRST FEDERAL BANCORP * 3A1 First Federal Bancorp, Columbia, Mississippi, a thrift holding company, to become a bank holding company upon the conversion of its wholly-owned thrift subsidiary, First Federal Bank for Savings, Columbia, Mississippi, to a state nonmember bank, to be known as First Southern Bank, Columbia, Mississippi.
Newspaper: 12/26/2005
Federal Register: 01/03/2006
GENERAL BANCSHARES, INC. CIC General Bancshares, Inc., Jasper, Tennessee (Bancshares), prior change in control filed by Clara Brown, Jasper, Tennessee, to acquire 1.62 percent of the outstanding stock of General Bancshares, Inc., and its subsidiary bank, Citizens State Bank, Jasper, Tennessee. Pro forma total ownership will be 12.32 percent.
Newspaper: Not available
Federal Register: 12/23/2005
LIBERTY SHARES, INC. * 3A3 Liberty Shares, Inc., Hinesville, Georgia, to acquire 100 percent of the outstanding shares of Peoples Banking Corporation, and thereby indirectly acquire Peoples Bank, both of Blackshear, Georgia.
Newspaper: 12/30/2005
Federal Register: 12/22/2005
REGIONS BANK * Branch Regions Bank, Birmingham, Alabama, to establish a branch located at 3805 Macon Road, Columbus, Georgia.
Newspaper: 12/17/2005
Federal Register: Not applicable
SAVANNAH BANCORP, INC., THE * 4c8 The Savannah Bancorp, Inc., Savannah, Georgia, to acquire 100 percent of the outstanding shares of Harbourside Community Bank, Hilton Head, South Carolina, and thereby engage in operating a savings association.
Newspaper: Not available
Federal Register: 12/29/2005


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