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 September 10, 2022

Filer Filing Type Filing Proposal End of Comment Period
BANCO DAVIVIENDA S.A. 4c8 Banco Davivienda S.A., Bogota, Colombia, to engage denovo in financial and investment advisory activities through its proposed new wholly-owned subsidiary, Davivienda Investment Advisors USA, LLC, Miami, Florida, pursuant to section 225.28(b)(6) of the Board's Regulation Y.
Newspaper: Not applicable
Federal Register: 09/26/2022
CNB BANCORP, INC. CIC Patrick Charles Cooper, Miami, Florida, to retain voting shares of CNB Bancorp, Inc., Mobile, Alabama, and thereby indirectly retain voting shares of Commonwealth National Bank, Mobile, Alabama.
Newspaper: Not available
Federal Register: 08/29/2022
FINEMARK HOLDINGS, INC. CIC Strategic Value Investors, LP; Strategic Value Bank Partners, LLC; Strategic Value Opportunities, LP; Strategic Value Private Partners, LLC; and Benjamin� Mackovak and Martin Adams, each a managing member of Strategic Value Bank Partners, LLC and Strategic Value Private Partners, LLC, (collectively, the "Controlled Parties"), all of Cleveland, Ohio, have applied to the Federal Reserve Board, as a group acting in concert, to acquire additional voting shares of FineMark Holdings, Inc., and thereby indirectly acquire voting shares of FineMark National Bank & Trust, both of Fort Myers, Florida.
Newspaper: 09/15/2022
Federal Register: 09/29/2022
FIRST BANK, THE * Branch The First Bank, Hattiesburg, Mississippi to establish a branch located at 1211 N. Westshore Blvd, Suite 200, Tampa, Hillsborough County, Florida.
Newspaper: 09/22/2022
Federal Register: Not applicable
GDW BANKSHARES, INC. * 3A1 GDW Bankshares, Inc., Sandersville, Georgia, to become a bank holding company by acquiring outstanding shares of The Geo. D. Warthen Bank, Sandersville, Georgia.
Newspaper: 10/10/2022
Federal Register: 10/11/2022
SMARTBANK * Branch SmartBank, Pigeon Forge, Tennessee, to establish a branch located at 170 East Main Street, Dothan, Alabama.
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
NONE


CRA Examinations scheduled for     Quarter of

Institution Location Quarter
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