Federal Reserve Release, H2, Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received

District: 6
Federal Reserve Bank of: Atlanta

Filings received during the week ending August 13, 2022

Filer

Filing Type

Filing Proposal

End of Comment Period

CNB BANCORP, INC.

CIC

Patrick Charles Cooper, Miami, Florida, to retain voting shares of CNB Bancorp, Inc., Mobile, Alabama, and thereby indirectly retain voting shares of Commonwealth National Bank, Mobile, Alabama.

Newspaper:	Not available
Federal Register:	08/29/2022

NEWTEK BUSINESS SERVICES CORP.

4c8
* 3A1
* 3A3

Newtek Business Services Corp, Boca Raton, Florida, to become a bank holding company by acquiring all of the outstanding shares of National Bank of New York City, Flushing, New York. Concurrently, Newtek Business Services Corp., Boca Raton, Florida, to form Newtek Interim Bank, National Bank, Miami, Florida, to merge with National Bank of New York City, Flushing, New York, with National Bank of New York City as the surviving institution, pursuant to sections 3(a)(1) and 3(a)(3) of the BHC Act. In connection, Newtek Business Services, Corp., Boca Raton, Florida, to engage denovo in certain nonbanking activities through its existing subsidiaries, Newtek Business Lending, LLC, Orlando, Florida, and Small Business Lending, LLC, Lake Success, New York, pursuant to section 225.24(a)(1) of Regulation Y.

Newspaper:	09/01/2022
Federal Register:	Not available

SMARTBANK

* Branch

SmartBank, Pigeon Forge, Tennessee, to establish a branch located at 101 Office Park Drive, Birmingham, Alabama.

Newspaper:	08/27/2022
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	Quarter
NONE

* Subject to the provisions of the Community Reinvestment Act

District: 6 Federal Reserve Bank of: Atlanta

Filings received during the week ending August 13, 2022

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 6
Federal Reserve Bank of: Atlanta