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 2, 2021

Filer Filing Type Filing Proposal End of Comment Period
COMMERCE BANCSHARES, INC. 4c8 Commerce Bancshares, Inc., White Castle, Louisiana, to retain Assumption Mortgage, LLC, Paincourtville, Louisiana, and thereby engage in mortgage brokerage activities pursuant to section 225.28(b)(1) of Regulation Y and section 4(c)(8) of the Bank Holding Company Act.
Newspaper: Not applicable
Federal Register: Not available
FIRSTBANC OF ALABAMA, INC. * 4c8 FirstBanc of Alabama, Inc., Talladega, Alabama to acquire SouthFirst Bank, Sylacauga, Alabama.
Newspaper: 01/22/2021
Federal Register: 01/29/2021
MONTICELLO BANCSHARES, INC. CIC After the fact change in control notice filed by Donald B. Kelly and Louise N. Kelly, both of Monticello, Georgia; Donald Bruce Kelly, Jr., Melissa A. Kelly, Donald Bruce Kelly, III, and Taylor Anne Kelly, all of Bogart, Georgia; E. Clyde Kelly, III, of Macon, Georgia; Jennifer Kelly, of Smyrna, Georgia; and Keryn K. Arnett, of Cumming, Georgia to retain control of Monticello Bancshares, Inc., and thereby indirectly retain voting shares of Bank of Monticello, both of Monticello, Georgia.
Newspaper: 01/06/2021
Federal Register: 01/12/2021
Primary Bancshares Corporation 3A1 Primary Bancshares Corporation, Atlanta, Georgia to become a bank holding company by acquiring outstanding shares of Georgia Primary Bank, Atlanta, Georgia.
Newspaper: Not applicable
Federal Register: Not applicable
ST. HOLDINGS, INC. * 3A1 St Hldgs, Inc., Orlando, Florida to become a bank holding company by acquiring outstanding shares of Rochelle State Bank, Rochelle, Georgia.
Newspaper: 01/07/2021
Federal Register: 02/03/2021


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 Quarter
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