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 22, 2009

Filer Filing Type Filing Proposal End of Comment Period
HEART OF GEORGIA BANCSHARES, INC. * 3A3 Heart of Georgia Bancshares, Inc., Mount Vernon, Georgia, to acquire 100 percent of the outstanding shares of The Tattnall Bank, Reidsville, Georgia.
Newspaper: Not available
Federal Register: 09/10/2009
SUNTRUST BANK * Branch SunTrust Bank, Atlanta, Georgia, to establish branches in the following locations: 1855 Wisconsin Avenue, Northwest, Washington, District of Columbia, to be known as the Georgetown Safeway Branch; 6005 Post Road, Cumming, Georgia, to be known as the Polo Fields Branch; intersection of Loudoun County Parkway and Ryan Road, Ashburn, Virginia, to be known as the Moorefield Station Branch; intersection of East Venice Avenue and Jacaranda Boulevard, Venice, Florida, to be known as the Jacaranda Commons Branch; 15601 City View Drive, Midlothian, Virginia, to be known as the Westchester Commons Branch; 9701 Commercial Way, Weeki Wachee, Florida, to be known as the Glen Lakes Branch; intersection of Bee Ridge Road and Bee Ridge Road Extension, Sarasota, Florida, to be known as the Bee Ridge Extension Branch.
Newspaper: 09/05/2009
Federal Register: Not applicable
SUNTRUST BANK * Branch SunTrust Bank, Atlanta, Georgia, to establish branches in the following locations: intersection of Highway 55 and Avent Ferry Road, Holly Springs, North Carolina, to be known as the Holly Springs Branch; intersection of Snow Hill Road and I-75, Ooltewah, Tennessee, to be known as the Snow Hill Office; 1175 University Drive, Burlington, North Carolina, to be known as the Shoppes at Waterford Branch; 205 Palm Bay Road, Melbourne, Florida, to be known as the Hammock Landing Branch.
Newspaper: 09/06/2009
Federal Register: Not applicable
USAMERIBANCORP, INC. * 3A3 USAmeriBancorp, Inc., Largo, Florida, to acquire 49.7 percent of the outstanding voting shares of Aliant Financial Corporation, and its subsidiary, Aliant Bank, both of Alexander City, Alabama.
Newspaper: Not available
Federal Register: Not available
VERITY CAPITAL GROUP, INC. CIC After-the-fact change in control notice filed by Richard Franklin Combs, Braselton, Georgia, to retain 26.8 percent of the outstanding shares of Verity Capital Group, Inc., Dahlonega, Georgia, and its subsidiary, Verity Bank, Winder, Georgia.
Newspaper: Not available
Federal Register: 09/03/2009


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
BRAND BKG CO, LAWRENCEVILLE, GEORGIA 701736 12/10/2007 08/12/2009 S Large Bank
PARK AVE BK, VALDOSTA, GEORGIA 104038 04/13/2009 08/02/2009 S Large Bank


CRA Examinations scheduled for Forth Quarter of 2009 (October 1, 2009 - December 31, 2009)

Institution Location
BANK INDEP SHEFFIELD, ALABAMA
FLORIDA BK TAMPA, FLORIDA
HORIZON BK BRADENTON, FLORIDA

* 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