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 March 20, 2021

Filer

Filing Type

Filing Proposal

End of Comment Period

BOA FINANCIAL CORPORATION

* 3A1

BOA Financial Corporation, Abbeville, Louisiana to become a bank holding company by acquiring outstanding shares of Bank of Abbeville & Trust Company, Abbeville, Louisiana.

Newspaper:	Not available
Federal Register:	Not available

CATALYST BANCORP, INC.

* SLHC Formation

Catalyst Bancorp, Inc., to become a savings and loan holding company by acquiring 100 percent of the outstanding shares of St. Landry Homestead Federal Savings Bank, both of Opelousas, Louisiana, in connection with the mutual-to-stock conversion of St. Landry Homestead Federal Savings Bank.

Newspaper:	Not available
Federal Register:	Not available

CULLMAN SAVINGS BANK, MHC

* SLHC Formation
* MHC Conversion

Cullman Savings Bank, MHC, Cullman, Alabama; to convert from mutual to stock form. As part of the conversion, Cullman Savings Bank, MHC, and Cullman Bancorp, Inc., Cullman, Alabama, an existing mid-tier savings and loan holding company, will cease to exist and Cullman Savings Bank, Cullman, Alabama, will become a wholly-owned subsidiary of a newly-formed Maryland corporation to be known as Cullman Bancorp, Inc., Cullman, Alabama, which has applied to become a savings and loan holding company, pursuant to section 10(e) of the HOLA, by acquiring Cullman Savings Bank.

Newspaper:	04/15/2021
Federal Register:	04/21/2021

SYNOVUS BANK

PWI

Synovus Bank, Columbus, Georgia, approval to make a public welfare investment.

Newspaper:	Not applicable
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	Quarter
NONE

* Subject to the provisions of the Community Reinvestment Act

District: 6 Federal Reserve Bank of: Atlanta

Filings received during the week ending March 20, 2021

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 6
Federal Reserve Bank of: Atlanta