Actions taken by the Federal Reserve Bank of Atlanta under delegated authority

Bank Branches, Domestic
Tennessee State Bank, Pigeon Forge, Tennessee -- to establish a branch at 575 West Broadway, Newport, Tennessee.
- Approved, March 5, 2025
Gulf Atlantic Bank, Key West, Florida -- to establish a branch at 1120 Southeast 17th Street, Ocala, Florida.
- Approved, February 13, 2025
Regions Bank, Birmingham, Alabama -- to establish a branch at 285 Meeting Street, Charleston, South Carolina.
- Approved, January 17, 2025
Bank Holding Companies
Waterfall Bancorp, Inc., Clearwater, Florida -- to become a bank holding company by acquiring shares of Waterfall Bank, Clearwater, Florida.
- Approved, March 14, 2025
Lindsey Family Trust, Lenox, Georgia -- to become a bank holding company by acquiring Trust Holding Company, Inc., and The Trust Bank, both of Lenox, Georgia.
- Approved, March 6, 2025
Southern States Bancshares, Inc., Anniston, Alabama -- request by Davis Capital Partners, LLC, et al., for relief from certain commitments.
- Granted, February 6, 2025
Builtwell Bancorp, Inc., Chattanooga, Tennessee -- to merge with Bradley County Financial Corp. and thereby indirectly acquire Bank of Cleveland, both of Cleveland, Tennessee.
- Approved, January 23, 2025
First Commerce Bancorp, Inc., Lewisburg, Tennessee -- to acquire Peoples Bank of Middle Tennessee, Shelbyville, Tennessee.
- Approved, January 3, 2025
Change In Bank Control
FBDC Financial Corp., Fort Payne, Alabama -- Linda M. Young and Nathaniel J. Pierson, both of Fort Payne, Alabama, and Chris Y. Pierson, Valley Head, Alabama, to join the Young Family Control Group, a group acting in concert, to retain voting shares of FBDC Financial Corp. and thereby indirectly retain voting shares of First Fidelity Bank, Fort Payne, Alabama.
- Permitted, February 28, 2025
Anchor Bancorp Inc., Palm Beach Gardens, Florida -- Anchor Bank Irrevocable Trust, Coral Gables, Florida, Guido E. Hinojosa Cardoso, as trustee, La Paz, Bolivia, to join the Hinojosa Control Group, a group acting in concert, to acquire voting shares of Anchor Bancorp Inc. and thereby indirectly acquire voting shares of Anchor Bank, Palm Beach Gardens, Florida.
- Permitted, February 26, 2025
American Bancorp, Inc., Macon, Georgia -- Dominik Mjartan and Georgia Miller Mjartan, both of Columbia, South Carolina, as a group acting in concert, to acquire voting shares of American Bancorp, Inc., and thereby indirectly acquire voting shares of American Pride Bank, Macon, Georgia.
- Permitted, February 18, 2025
Embassy Bancshares, Inc., Lawrenceville, Georgia -- Nitin Shah and Mili N. Shah, both of Lawrenceville, Georgia; as a group acting in concert, to retain voting shares of Embassy Bancshares, Inc., and thereby indirectly retain voting shares of Embassy National Bank, Lawrenceville, Georgia.
- Permitted, January 14, 2025
Membership
Richton Bank and Trust Company, Richton, Mississippi -- to become a member of the Federal Reserve System.
- Approved, January 16, 2025
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Last Update: March 27, 2025