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 July 5, 2014

Filer Filing Type Filing Proposal End of Comment Period
BANCO DE CREDITO E INVERSIONES S.A. * 3A1 Banco De Credito E Inversiones, Empresas Juan Yarur S.A.C., Inversiones Petro S.A., Inversiones Baquio LTDA., Inversiones Nueve LTDA., and Administraciones Baquio LTDA., all of Santiago, Chile, to become bank holding companies by acquiring 100 percent of CM Florida Holdings, Inc., Coral Gables, Florida, and its subsidiary, City National Bank of Florida, Miami, Florida.
Newspaper: Not available
Federal Register: 08/08/2013
BEACH COMMUNITY BANCSHARES, INC. CIC Prior change in control notice filed by the Stock Holdings of Delaware, LLC, Karnise Diann Schweizer, sole member, both of Fort Walton Beach, Florida, to acquire 18.97 percent of the outstanding shares of Beach Community Bancshares, Inc., and its subsidiary, Beach Community Bank, both of Fort Walton Beach, Florida.
Newspaper: Not available
Federal Register: 07/23/2014
GEORGIA COMMUNITY BANCORP, INCORPORATED CIC After-the-fact change in control notice filed by Lucie VanLandingham Beeley, Leesburg, Georgia; Stevan Reynolds Tuck, Dawson, Georgia; the Lucie VanLandingham Beeley GST Trust, Lucie Beeley trustee, and the Stevan Reynolds Tuck GST, Stevan Tuck trustee, to retain control of 27.50 percent of the outstanding shares of the Class B common stock of Georgia Community Bancorp, Inc., Dawson, Georgia, and its subsidiary, The Citizens State Bank of Taylor County, Reynolds, Georgia. Total pro forma ownership equals 100 percent.
Newspaper: 07/14/2014
Federal Register: 07/21/2014
HERITAGE FINANCIAL GROUP, INC. * 3A1 Heritage Financial Group, Inc., Albany, Georgia, to become a bank holding company by acquiring 100 percent of the outstanding shares of Alarion Financial Services, Inc., and its subsidiary, Alarion Bank, both of Ocala, Florida.
Newspaper: 07/14/2014
Federal Register: 07/17/2014
METROPOLITAN BANCGROUP, INC. CIC After-the-fact change in control notice from CEP Investors in Metropolitan, LP, Seattle, Washington; CEP Investors in Metropolitan's Manager LP, Seattle, Washington; Columbia Equity Capital Partners, LLC, Seattle, Washington; CEP Advisors, LLC, Seattle, Washington; William Dean Donovan, San Francisco, California; Brian Charles Flynn, Jr., Seattle, Washington; and Kevin William Wilson, Virginia Beach, Virginia (Collectively Notificants), to retain 740,834 shares or 10.01 percent of the outstanding common stock of Metropolitan BancGroup, Inc., Ridgeland, Mississippi (BancGroup), and prior notice to acquire an additional 30,000 shares or 0.405 percent of BancGroup's outstanding stock. Total pro forma ownership is 10.415 percent.
Newspaper: Not available
Federal Register: Not available
USAMERIBANK * Branch USAmeriBank, Clearwater, Florida, to establish a branch located at 2571 Countryside Blvd, Clearwater, Florida 33755, to be known as the Countryside Branch.
Newspaper: Not available
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

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