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 October 11, 2008

Filer Filing Type Filing Proposal End of Comment Period
American Bancorp, Inc. 3A1 American Bancorp, Inc., notice to become a bank holding company by acquiring 100 percent of the outstanding shares of American Pride Bank, both of Macon, Georgia.
Newspaper: Not applicable
Federal Register: Not applicable
BANCO DE DESARROLLO RURAL, S.A. FBSEA Banco de Desarrollo Rural, S.A., (BANRURAL), Guatemala City, Guatemala, to establish a representative office located in Miami, Florida.
Newspaper: Not available
Federal Register: Not applicable
BROWARD FINANCIAL HOLDINGS, INC. * 3A1 Broward Financial Holdings, Inc., to become a bank holding company by acquiring 100 percent of the outstanding shares of Broward Bank of Commerce (in organization), both of Fort Lauderdale, Florida.
Newspaper: 10/21/2008
Federal Register: 10/24/2008
COMPASS BANK * Branch Compass Bank, Birmingham, Alabama, to establish the following branches: 280 West 136th Avenue, Denver, Colorado; 450 Highway 528, Bernalillo, New Mexico; 3830 Gulf Shores Parkway, Gulf Shores, Alabama; 1805 East Main Street, Prattville, Alabama; and 4401 Basswood Boulevard, Fort Worth, Texas; and 4200 Highway 360, Fort Worth, Texas.
Newspaper: 10/17/2008
Federal Register: Not applicable
FLORIDA BANK * 18C
* Branch
Florida Bank, Tampa, Florida, to merge with Florida Bank of Sarasota, Sarasota, Florida.
Newspaper: 10/26/2008
Federal Register: Not applicable
Jefferson Bancshares, Inc. * 3A1 Jefferson Bancshares, Inc., Morristown, Tennessee, to acquire 100 percent of the outstanding shares of State of Franklin Bancshares, Inc., and its subsidiary, State of Franklin Savings Bank, both of Johnson City, Tennessee.
Newspaper: 10/15/2008
Federal Register: 10/17/2008
JONES BANCSHARES, L.P. CIC After-the-fact change in control notice filed by James C. Jones, Waycross, Georgia; Patrick C. Jones and Carole C. Jones, both of Blackshear, Georgia; to retain 35.05 percent of the outstanding shares of Jones Bancshares, LP, and its subsidiary, Primesouth Bank, both of Blackshear, Georgia.
Newspaper: Not available
Federal Register: 10/20/2008
REGENT BANCORP, INC. * 4c8 Regent Bancorp, Inc., Davie, Florida, to acquire 100 percent of the outstanding shares of Regent Bank, Greenville, South Carolina (in organization), and thereby engage in operating a savings association.
Newspaper: Not available
Federal Register: Not available


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

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