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 28, 2006

Filer Filing Type Filing Proposal End of Comment Period
CBS BANC-CORP. * 3A3 CBS Banc-Corp, Russellville, Alabama, to acquire 100 percent of the outstanding shares of Farmers Bank, Cornersville, Tennessee.
Newspaper: 02/17/2006
Federal Register: 02/24/2006
GB&T BANCSHARES, INC. * 3A5 GB&T Bancshares, Inc., Gainesville, Georgia, to merge with Mountain Bancshares, Inc. and thereby acquire its subsidiary, Mountain State Bank, both of Dawsonville, Georgia.
Newspaper: 02/17/2006
Federal Register: 02/10/2006
SEACOAST BANKING CORPORATION OF FLORIDA * 3A5 Seacoast Banking Corporation of Florida, Stuart, Florida, to merge with Big Lake Financial Corporation, and thereby acquire its subsidiary, Big Lake National Bank, both of Okeechobee, Florida.
Newspaper: Not available
Federal Register: 02/27/2006
SEQUATCHIE COUNTY BANCORP, INC. CIC Sequatchie County Bancorp, Inc., Dunlap, Tennessee, prior change in control notice filed by David F. Barker, Kyle D. Barker, Julia K. Barker, all of Dunlap, Tennessee, and Dorris B. Birchett, Cohutta, Georgia, to collectively acquire 2.75 percent of the outstanding shares of Sequatchie County Bancorp, Inc., and its subsidiary, Mountain Valley Bank, both of Dunlap, Tennessee. Pro forma ownership for the group will be 14.53 percent.
Newspaper: 02/15/2006
Federal Register: 02/06/2006
SUNSOUTH BANCSHARES, INC. CIC SunSouth Bancshares, Inc., Dothan, Alabama, prior change in control notice filed by Mr. Michael A. Medley, Dothan, Alabama, to acquire an additional 12.13 percent of the outstanding shares of SunSouth Bancshares, Inc., and its subsidiary, SunSouth Bank, both of Dothan, Alabama.
Newspaper: Not available
Federal Register: 02/15/2006
SUNTRUST BANK * Branch SunTrust Bank, Atlanta, Georgia, to establish branches at the following locations: 3800 N. Federal Highway, Lighthouse Point, Florida, to be known as the Lighthouse Point Office; 4475 SW 124th Avenue, Davie, Florida, to be known as the Flamingo Commons Office; 6210 Coral Ridge Drive, Coral Springs, Florida, to be known as the Heron Bay Office; and 12396 West Sunrise Boulevard, Plantation, Florida, to be known as the Sawgrass Mills Office.
Newspaper: 02/08/2006
Federal Register: Not applicable
UPPER CUMBERLAND BANCSHARES, INC. * 3A3 Upper Cumberland Bancshares, Inc., along with its parent company, Employee Stock Ownership Trust of People's Bank and Trust Company of Pickett County, both of Byrdstown, Tennessee, to acquire 100 percent of the outstanding shares of People's Bank and Trust Company of Clinton County, Albany, Kentucky (in organization).
Newspaper: Not available
Federal Register: 02/24/2006


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