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 July 29, 2006

Filer Filing Type Filing Proposal End of Comment Period
COMPASS BANK * Branch Compass Bank, Birmingham, Alabama, to establish branches at the following locations: at 6900 Virginia Parkway, McKinney, Texas, to be known as the McKinney - Virginia Branch, and at the intersection of South Gilbert Road and West Warner Road, Gilbert, Arizona, to be known as the Gilbert - Warner Branch.
Newspaper: 08/03/2006
Federal Register: Not applicable
COMPASS BANK * Branch Compass Bank, Birmingham, Alabama, to establish a branch located at a kiosk at Sharpstown Mall at 7500 Bellarie Boulevard, Houston, Texas, to be known as the Sharpstown - Mall Branch.
Newspaper: 08/04/2006
Federal Register: Not applicable
MADISON FINANCIAL CORPORATION CIC Madison Financial Corporation, Madison, Mississippi, after-the-fact change in control notice by John L. Harvey, Flora, Mississippi, to retain 1.98 percent of the outstanding shares of Madison Financial Corporation and its subsidiary bank, Madison County Bank, both of Madison, Mississippi. Total ownership is 11.97 percent.
Newspaper: 08/16/2006
Federal Register: 08/04/2006
Piedmont Community Bank Group, Inc. * 3A1 Piedmont Community Bank Group, Inc., Gray, Georgia, to become a bank holding company by acquiring 100 percent of the outstanding shares of Piedmont Community Bank, Gray, Georgia.
Newspaper: Not available
Federal Register: Not available
REGIONS BANK * Branch Regions Bank, Birmingham, Alabama, to establish a branch located at 2205 North Elm Street, Greensboro, North Carolina.
Newspaper: 08/03/2006
Federal Register: Not applicable
SOUTHEASTERN BANK FINANCIAL CORPORATION * 4c8 Southeastern Bank Financial Corporation, Augusta, Georgia, to acquire 100 percent of the outstanding shares of Southern Bank & Trust, Aiken, South Carolina (in organization), and thereby engage de novo in operating a savings association.
Newspaper: 08/19/2006
Federal Register: 08/19/2006
U.S. CENTURY BANCORP, INC. * 3A1 U.S. Century Bancorp, Inc., to become a bank holding company by acquiring 100 percent of the outstanding shares of U.S. Century Bank, both of Miami, Florida.
Newspaper: 08/21/2006
Federal Register: 08/24/2006


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
NONE

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