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 October 17, 2015

Filer Filing Type Filing Proposal End of Comment Period
CUMBERLAND BANCORP, INC. CIC Anthony T. Moore, Allison T. Moore, both of Burns, Tennessee, and Southeastern Bancorp, Inc., Dickson, Tennessee, to retain 10 percent or more of the outstanding shares of Cumberland Bancorp, Inc., and its subsidiary, Cumberland Bank & Trust, both of Clarksville, Tennessee.
Newspaper: Not available
Federal Register: 10/15/2015
FIRST FLORIDA BANK * Branch First Florida Bank, Destin, Florida, to establish a branch located at the intersection of U.S. highway 331-S and Lagrange Road, Freeport, Florida.
Newspaper: Not available
Federal Register: Not applicable
FRANKLIN SYNERGY BANK * Branch Franklin Synergy Bank, Franklin, Tennessee, to establish a branch located at 7177 Nolensville Pike, Nolensville, Tennessee.
Newspaper: 10/23/2015
Federal Register: Not applicable
OCEAN BANKSHARES, INC. CIC After-the-fact notification filed by: 1) A. Alfonso Macedo, Adriana Macedo Moncayo, Olga E. Macedo, and Sandra Macedo Moncayo (the Macedo Family); 2) Javier Macedo Rodriguez, Belkis Macedo de Graterol, Candida Isabel Macedo Rodriguez, and Nelly Macedo Rodriguez (the Rodriguez Family); and 3) Ernesto de Abreu Gonzalez, Carmen Elena de Abreu, Mercedes Coromoto de Abreu Gonzalez, and Jose Alberto de Abreu Gonzalez (the Gonzalez Family) and the Macedo, Rodriguez, and Gonzalez Families' multiple related companies, partnerships, trusts, and trustees to maintain control of Ocean Bankshares, Inc. (Bankshares) and its subsidiary, Ocean Bank (Bank), both of Miami, Florida, pursuant to the Change in Bank Control Act of 1978.
Newspaper: 08/27/2015
Federal Register: Not available
RCB FINANCIAL CORPORATION CIC Advance Federal Register notice filed by Michael William Mathis, his wife, Sharon Lambert Mathis, and his son, Michael "Will" William Mathis, Jr., all of Rome, Georgia, to acquire 10 percent or more of the outstanding shares of RCB Financial Corporation, and its subsidiary, River City Bank, both of Rome, Georgia.
Newspaper: 11/07/2015
Federal Register: 11/05/2015
REGIONS BANK * Branch Regions Bank, Birmingham, Alabama, to establish a branch located at 6700 Nolensville Road, Brentwood, Tennessee, to be known as the Mill Creek Branch.
Newspaper: Not available
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
BRAND BKG CO, LAWRENCEVILLE, GEORGIA 701736 05/14/2012 10/05/2015 NI Large Bank
COCONUT GROVE BK, MIAMI, FLORIDA 648130 07/13/2015 11/04/2015 S Int Sm Bank
FIRST NB OF THE GULF COAST, NAPLES, FLORIDA 3591282 06/01/2015 10/19/2015 S Int Sm Bank


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