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 30, 2008

Filer

Filing Type

Filing Proposal

End of Comment Period

Citizens Investors, LLC

* 3A1

Citizens Investors, LLC, Savannah, Georgia, to become a bank holding company by acquiring at least 51 percent of the outstanding shares of First Citizens Bankshares, Inc., and its subsidiary, First Citizens Bank, both of Glennville, Georgia.

Newspaper:	09/30/2008
Federal Register:	09/22/2008

HOMETOWN BANCSHARES, INC.

CIC

Prior Change in control notice filed by Paul Ray, Max Ray,Carole Ray, and Gina Brumley, all of Hackleburg, Alabama, to collectively acquire 3.20 percent of the outstanding shares of Hometown Bancshares, Inc., and its subsidiary PeoplesTrust, Bank both of Hamilton, Alabama. Pro forma will equal 12.25 percent.

Newspaper:	Not available
Federal Register:	Not available

PIEDMONT BANCORP, INC.

* 3A1

Piedmont Bancorp, Inc., Norcross, Georgia, to become a bank holding company by acquiring 100 percent of the outstanding shares of First Choice Community Bank 1874, Newnan, Georgia.

Newspaper:	Not available
Federal Register:	09/18/2008

SUNTRUST BANK

* Branch

SunTrust Bank, Atlanta, Georgia, to establish a branch located at 3120 Ronald Reagan Blvd., Cumming, Georgia to be known as The Avenue Forsyth Office.

Newspaper:	09/10/2008
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
NONE

* Subject to the provisions of the Community Reinvestment Act

District: 6 Federal Reserve Bank of: Atlanta

Filings received during the week ending August 30, 2008

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 6
Federal Reserve Bank of: Atlanta