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 August 2, 2008

Filer Filing Type Filing Proposal End of Comment Period
ALTRUST FINANCIAL SERVICES, INC. * 3A3 Altrust Financial Services, Inc., Cullman, Alabama, to acquire 100 percent of the outstanding shares of Generation Bank, Centre, Alabama (in organization).
Newspaper: Not available
Federal Register: Not available
EDBANCORP, INC. 4c8
* 3A1
EdBancorp, Inc., and Educational Services of America, Inc., both of Knoxville, Tennessee, to become bank holding companies by acquiring 100 percent of the outstanding shares of Community Bank of the Cumberlands, Jamestown, Tennessee. In addition, Educational Services of America, Inc., Knoxville, Tennessee, to acquire 100 percent of the outstanding share of EdSouth Funding, LLC, Knoxville, Tennessee, and thereby engage in making, acquiring, brokering loans, or other extensions of credit.
Newspaper: 08/22/2008
Federal Register: 08/29/2008
FIRST FREEDOM BANCSHARES, INC. * 3A1 First Freedom Bancshares, Inc., to become a bank holding company by acquiring 100 percent of the outstanding shares of First Freedom Bank, both of Lebanon, Tennessee.
Newspaper: 08/25/2008
Federal Register: 08/29/2008
FLAGLER BANK * Branch Flagler Bank, Fort Lauderdale (West Palm Beach), Florida, to establish a branch located at 555 Northlake Boulevard, North Palm Beach, Florida.
Newspaper: 08/15/2008
Federal Register: Not applicable
LANDMARK BANK OF FLORIDA * Branch LandMark Bank of Florida, Sarasota, Florida, to establish a branch located at 1951 Honore Avenue, Sarasota, Florida, to be known as the LandMark Bank of Florida Kobernick Office.
Newspaper: 08/09/2008
Federal Register: Not applicable
MONTE DE PIEDAD Y CAJA DE AHORROS SAN FERNANDO DE HUELVA FBSEA Monte de Piedad y Caja de Ahorros San Fernando de Huelva, Sevilla, Spain (CAJASOL), to establish a representative office in Miami, Florida.
Newspaper: Not available
Federal Register: Not applicable
OLD SOUTHERN BANK * Branch Old Southern Bank, Orlando, Florida, to establish a branch located at 2491 West State Road 434, Longwood, Florida, to be known as the Springs Plaza Branch.
Newspaper: 08/08/2008
Federal Register: Not applicable
WHITNEY HOLDING CORPORATION * 3A5 Whitney Holding Corporation, New Orleans, Louisiana, to merge with Parish National Corporation, and thereby acquire its subsidiary, Parish National Bank, both of Covington, Louisiana.
Newspaper: 08/29/2008
Federal Register: 08/29/2008


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