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 February 13, 2016

Filer Filing Type Filing Proposal End of Comment Period
FIRST HOME BANK * Branch First Home Bank, Seminole, Florida, to establish a branch located at 700 Central Avenue, Suite 102, St. Petersburg, Florida.
Newspaper: 02/20/2016
Federal Register: Not applicable
HERITAGE FIRST BANCSHARES, INC. CIC After the fact change in control notice filed by Andrew Charles Heaner, Atlanta, Georgia, to retain 25 percent or more of the outstanding shares of Heritage First Bancshares, Inc., and Heritage First Bank, both of Rome, Georgia.
Newspaper: Not available
Federal Register: 01/13/2016
OCEAN BANKSHARES, INC. CIC After-the-fact notification filed by: 1) A. Alfonso Macedo, Adriana Macedo Moncayo, Olga E. Macedo, and Sandra Macedo Moncayo (the Macedo Family); 2) Javier Macedo Rodriguez, Belkis Macedo de Graterol, Candida Isabel Macedo Rodriguez, and Nelly Macedo Rodriguez (the Rodriguez Family); and 3) Ernesto de Abreu Gonzalez, Carmen Elena de Abreu, Mercedes Coromoto de Abreu Gonzalez, and Jose Alberto de Abreu Gonzalez (the Gonzalez Family) and the Macedo, Rodriguez, and Gonzalez Families' multiple related companies, partnerships, trusts, and trustees to maintain control of Ocean Bankshares, Inc. (Bankshares) and its subsidiary, Ocean Bank (Bank), both of Miami, Florida, pursuant to the Change in Bank Control Act of 1978.
Newspaper: 08/27/2015
Federal Register: Not available
REGIONS BANK PWI Regions Bank, Birmingham, Alabama, request for approval to make 15 low income housing public welfare investments.
Newspaper: Not applicable
Federal Register: Not applicable
SUNSOUTH BANCSHARES, INC. CIC Prior change in control notice filed by Henry Monty Weigel, Dothan, Alabama, to acquire an additional 15.4 percent of the outstanding shares of SunSouth Bancshares, Inc., and SunSouth Bank, both of Dothan, Alabama. Total pro forma ownership will equal 17.5 percent.
Newspaper: 02/26/2016
Federal Register: 03/02/2016
WCSB HOLDING COMPANY, INC. * 3A1 WCSB Holding Company, Inc., to become a bank holding company by acquiring 100 percent of the outstanding shares of Wilcox County State Bank, both of Abbeville, Georgia.
Newspaper: Not available
Federal Register: 02/29/2016


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
BANK INDEP, SHEFFIELD, ALABAMA 539032 10/19/2015 02/07/2016 S Large Bank
REGIONS BK, BIRMINGHAM, ALABAMA 233031 07/07/2014 02/10/2016 NI Large Bank


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