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 29, 2008

Filer

Filing Type

Filing Proposal

End of Comment Period

COMPASS BANK

* Branch

Compass Bank, Birmingham, Alabama, to establish the following branches: 2134 Rayford Road, Spring, Texas, to be known as the Rayford Branch; 14213 Cypress Rosehill Road, Cypress, Texas, to be known as the 290 and Cypress Rosehill Branch; and 11091 Broadway Street, Pearland, Texas, to be known as the Shadow Creek Branch.

Newspaper:	12/05/2008
Federal Register:	Not applicable

INDEPENDENT BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN

* 3A3

Independent Bancshares, Inc. Employee Stock Ownership Plan, Red Bay, Alabama, to acquire 26.46 percent of the outstanding shares of Independent Bancshares, Inc., and its subsidiaries, Community Spirit Bank, both of Red Bay, Alabama, along with Spirit Bancshares, Inc., and Spirit Bank, both of Belmont, Mississippi.

Newspaper:	12/26/2008
Federal Register:	12/22/2008

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

District: 6 Federal Reserve Bank of: Atlanta

Filings received during the week ending November 29, 2008

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 6
Federal Reserve Bank of: Atlanta