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 November 12, 2005

Filer

Filing Type

Filing Proposal

End of Comment Period

BANK INDEPENDENT

* Branch

Bank Independent, Sheffield, Alabama, to establish a branch located at 304 East Dr. Hicks Boulevard, Florence, Alabama.

Newspaper:	Not available
Federal Register:	Not applicable

CORNERSTONE BANCSHARES, INC.

4c8

Cornerstone Bancshares, Inc., along with its subsidiary, EFI Acquisition, Inc., both of Chattanooga, Tennessee, to acquire substantially all of the assets and assume substantially all of the liabilities of Eagle Financial, LLC, and Eagle Funding, LLC, both of Chattanooga, Tennessee, and thereby engage in providing factoring services to small business and also provide services as a loan broker serving as a facilitator to small businesses to access the national credit markets.

Newspaper:	Not applicable
Federal Register:	Not available

FIRST VISION BANK OF TENNESSEE

Member

First Vision Bank of Tennessee, Tullahoma, Tennessee, to become a member of the Federal Reserve System.

Newspaper:	Not applicable
Federal Register:	Not applicable

SUNTRUST BANK

* Branch

SunTrust Bank, Atlanta, Georgia, to establish a branch located at 121 Rolling Hill Road, Suite 225, Lakeside Professional Building, Mooresville, North Carolina, to be known as the Motorsports-Mooresville Office.

Newspaper:	11/18/2005
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

District: 6 Federal Reserve Bank of: Atlanta

Filings received during the week ending November 12, 2005

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 6
Federal Reserve Bank of: Atlanta