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 August 25, 2018

Filer Filing Type Filing Proposal End of Comment Period
SBT BANCSHARES, INC. CIC Prior change in control notice filed by Shelly Maples Jambon, Grand Isle, Louisiana, to acquire 20 percent of the outstanding shares of SBT Bancshares, Inc., and its subsidiary, State Bank and Trust Company, both of Golden Meadow, Louisiana.
Newspaper: 09/04/2018
Federal Register: Not available
SMARTBANK * 18C
* Branch
SmartBank, Pigeon Forge, Tennessee, to merge with Foothills Bank & Trust, Maryville, Tennessee.
Newspaper: Not available
Federal Register: Not applicable
SYNOVUS FINANCIAL CORP. * 3A5
* 18C
* Branch
* 3A3
Synovus Financial Corp., Columbus, Georgia, to acquire and merge with FCB Financial Holdings, Inc. and thereby acquire Florida Community Bank, N.A., both of Weston, Florida; Synovus Bank, Columbus, Georgia, to merge with Florida Community Bank, N.A. and to acquire and operate the main office and branches of Florida Community Bank, N.A. as branches of Synovus Bank.
Newspaper: Not available
Federal Register: Not available


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 Fourth Quarter of 2018 (October 1, 2018 - December 31, 2018) and First Quarter of 2019 (January 1, 2019 - March 31, 2019)

Institution Location Quarter
AUBURNBANK AUBURN, ALABAMAFourth Quarter of 2018
COMMERCIAL BK HARROGATE, TENNESSEEFourth Quarter of 2018
NOBLEBANK & TR ANNISTON, ALABAMAFourth Quarter of 2018
SOUTHERN BK OF TN MOUNT JULIET, TENNESSEEFourth Quarter of 2018
CITIZENS TR BK ATLANTA, GEORGIAFirst Quarter of 2019
FIRST VISION BK OF TN TULLAHOMA, TENNESSEEFirst Quarter of 2019
FLAGLER BK WEST PALM BEACH, FLORIDAFirst Quarter of 2019
SUNRISE BK COCOA BEACH, FLORIDAFirst Quarter of 2019

* 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