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Bank Branches, Domestic
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Tennessee State Bank, Pigeon Forge, Tennessee -- to establish a branch at 575 West Broadway, Newport, Tennessee.
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Withdrawn,
April 23, 2024
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Bank Holding Companies
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Southern States Bancshares, Inc., Anniston, Alabama -- waiver of application to merge with CBB Bancorp, Inc., and thereby indirectly acquire Century Bank of Georgia, both of Cartersville, Georgia, in connection with the merger of Century Bank of Georgia with and into Southern States Bank, Anniston, Alabama.
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Granted,
May 31, 2024
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Volunteer State Bancshares, Inc., Portland, Tennessee -- to merge with Fourth Capital Holdings, Inc., and therefore indirectly acquire Fourth Capital Bank, both of Nashville, Tennessee.
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Approved,
May 23, 2024
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CCB Bancorp, Inc., Athens, Georgia -- to become a bank holding company by acquiring outstanding shares of Classic City Bank, Athens, Georgia.
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Withdrawn,
May 2, 2024
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Bank Mergers
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Commercial Bank, Harrogate, Tennessee -- to merge with Alliance Bank & Trust Company, Gastonia, North Carolina, and thereby establish branches.
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Approved,
May 15, 2024
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Change In Bank Control
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OptimumBank Holdings, Inc., Fort Lauderdale, Florida -- Moishe Gubin and Gubin Optimum Trust, [Ft. Lauderdale,] Florida, to acquire voting shares of OptimumBank Holdings, Inc., and thereby indirectly retain voting shares of OptimumBank, Ft. Lauderdale, Florida.
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Withdrawn,
June 26, 2024
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CBS Banc-Corp., Russellville, Alabama -- John Gregory Mitchell Batchelor, Russellville, Alabama, and John Bradley Batchelor Reeves, Tuscumbia, Alabama, to become members of the Batchelor Family Control Group, a group acting in concert, to retain voting shares of CBS Banc-Corp. and thereby indirectly retain voting shares of CB&S Bank, Inc., Russellville, Alabama.
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Permitted,
May 9, 2024
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Altrust Financial Services, Inc., Cullman, Alabama -- Wanda Walker Clay, Cecil Alan Walker, Amy Prather Walker, and others, as a group acting in concert, to retain voting shares of Altrust Financial Services, Inc., and thereby indirectly retain voting shares of Peoples Bank of Alabama, Cullman, Alabama.
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Permitted,
January 26, 2024
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Extensions Of Time
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Synovus Bank, Columbus, Georgia -- extension to May 31, 2024, to establish branches at 6801 Flat Rock Road, Columbus, Georgia; 304 20th Street South, Birmingham, Alabama; and 205 20th Street North, Birmingham, Alabama.
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Granted,
May 2, 2024
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Membership
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Gulf Atlantic Bank, Key West, Florida -- to become a member of the Federal Reserve System.
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Approved,
April 8, 2024
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Banks, State Member
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Regions Bank, Birmingham, Alabama -- to make public welfare investments in projects that are eligible for New Markets Tax Credits equal to up to 15 percent of its capital plus surplus, subject to certain conditions; and confirmation that prior approvals to make public welfare investments in community development financial institutions and projects eligible for low-income housing tax credits remain valid.
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Approved,
April 25, 2024
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Synovus Bank, Columbus, Georgia -- to make three public welfare investments.
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Approved,
April 17, 2024
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Regions Bank, Birmingham, Alabama -- to make seven public welfare investments.
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Approved,
April 9, 2024
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Regions Bank, Birmingham, Alabama -- to make four public welfare investments.
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Approved,
March 21, 2024
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Savings and Loan Holding Companies
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Fifth District Bancorp, Inc., New Orleans, Louisiana -- to become a savings and loan holding company by acquiring Fifth District Savings Bank, New Orleans, Louisiana, in connection with the conversion of Fifth District Savings Bank from mutual to stock form.
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Approved,
May 10, 2024
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