Department of Banking and Finance bulletin, July 31, 2000

STATE OF GEORGIA
DEPARTMENT OF BANKING AND FINANCE
Internet Address: http://www.state.ga.us/dbf/

Phone: (770) 986-1633

Fax: (770) 986-1655

BULLETIN. . . BULLETIN. . . BULLETIN. . . BULLETIN. . . BULLETIN. . . BULLETIN. . .

ROY E. BARNES GOVERNOR

July 31, 2000

STEVEN D. BRIDGES COMMISSIONER

The following is a summary of official action taken on applications by State Financial Institutions under Chapter 7-1 of the Code of Georgia and petitions for Certificate of Incorporation of Financial Institutions and other matters of interest during the month of July 2000.
In This Issue:
Important Notice - Withdrawal of Proposed Rule . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Area Code Change - Request for Update of Records . . . . . . . . . . . . . . . . . . . . . . . . . . . 8

APPLICATIONS FOR NEW FINANCIAL INSTITUTION

FINANCIAL INSTITUTION

CAPITALIZATION

APPROVAL DATE

First Bank of Henry County 120 Keys Ferry Street McDonough, GA 30253 Henry County

$ 7,500,000

07-28-2000

Southern Horizon Bank 1554 Southlake Parkway Morrow, GA 30260 Clayton County

$ 7,500,000

Pending

Centura Card Bank 157 Technology Parkway Suite 900B Norcross, GA 30092 Gwinnett County

$ 5,004,000

01-20-2000

APPLICATIONS TO ESTABLISH A BRANCH OFFICE

FINANCIAL INSTITUTION SunTrust Bank Atlanta
SunTrust Bank Atlanta
SunTrust Bank Atlanta
SunTrust Bank Atlanta
SunTrust Bank Atlanta

BRANCH OFFICE

APPROVAL DATE

SouthPark Branch Office 360 Charles Dimmock Parkway Colonial Heights, VA 23834 Colonial Heights County

04-24-2000

Long Gate Center Safeway Branch Office
4370 Montgomery Road Ellicott City, MD 21043 Howard County

04-03-2000

Amelia Island Harris-Teeter Branch Office
4800 First Coast Highway Fernandina Beach, FL 32034 Nassau County

07-12-2000

Franklin Wal-Mart Branch Office 1500 Armory Drive Franklin, VA 23851 Franklin City County

04-10-2000

Crofton Safeway Branch Office 2644 Chapel Lake Drive Gambrills, MD 21054 Anne Arundel County

07-12-2000

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BEGIN BUSINESS
DATE
07-12-2000
BEGIN BUSINESS
DATE 06-28-2000 07-13-2000
07-17-2000

APPLICATIONS TO ESTABLISH A BRANCH OFFICE

FINANCIAL INSTITUTION SunTrust Bank Atlanta
SunTrust Bank Atlanta
SunTrust Bank Atlanta
SunTrust Bank Atlanta
SunTrust Bank Atlanta
SunTrust Bank Atlanta
The First Bank of Brunswick Brunswick
Bartow County Bank Cartersville
Chestatee State Bank Dawsonville

BRANCH OFFICE

APPROVAL DATE

First Colony Branch Office 45156 First Colony Way California, MD 20619 St. Marys County

12-23-1999

Orange Branch Office 115 N. Madison Road Orange, VA 22960 Orange County

12-23-1999

Lake Harris Branch Office 4525 County Road 48 Leesburg, FL 34748 Lake County

07-28-2000

Owings Mill Safeway Branch Office Owings Mill Blvd. & Reisterstown Rd Owings Mill, MD 21117 Baltimore County

07-12-2000

Rock Creek Village Safeway Branch Office
5510 Norbeck Road Rockville, MD 20853 Montgomery County

04-11-2000

Severna Park Safeway Branch Office 540 Benfield Road Severna Park, MD 21146 Anne Arundel County

07-12-2000

Jekyll Island Branch Office 18-B Beachview Drive Jekyll Island, GA 31527 Glynn County

07-26-2000

Ladd's Mountain Branch Office 12 Euharlee Road, Suite A Cartersville, GA 30120 Bartow County

07-27-2000

Downtown Dawsonville Branch Office 86 Highway, 53 West Dawsonville, GA 30534 Dawson County

07-25-2000

BEGIN BUSINESS
DATE 07-17-2000 07-03-2000
07-12-2000

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APPLICATIONS TO ESTABLISH A BRANCH OFFICE

FINANCIAL INSTITUTION The Heritage Bank Hinesville
Crescent Bank and Trust Company
Jasper
Pineland State Bank Metter
Pineland State Bank Metter
Pineland State Bank Metter
Northwest Georgia Bank Ringgold
Eagle Bank and Trust Statesboro
Altamaha Bank and Trust Company
Uvalda

BRANCH OFFICE

APPROVAL DATE

Southside Branch Office 751 W. Oglethorpe Hwy Wal-Mart Super Store #862 Hinesville, GA 31313 Liberty County

01-19-2000

Cumming Branch Office 422 Canton Road Cumming, GA 30040 Forsyth County

07-18-2000

Cobbtown Branch Office 112 Railroad Street Cobbtown, GA 30420 Tattnall County

05-01-2000

North Broad Street Branch Office 24-28 North Broad Street Metter, GA 30439 Candler County

05-01-2000

Statesboro Branch Office 302 South Zetterower Avenue Statesboro, GA 30458 Bulloch County

05-01-2000

Wal-Mart Super Center #2988 Branch Office
Highway 136 and US 27 LaFayette, GA 30728 Walker County

07-18-2000

The Richmond Hill Branch Office 1925 Highway 17 Richmond Hill, GA 31324 Bryan County

07-28-2000

First Street Branch Office 1109 East First Street Vidalia, GA 30474 Toombs County

07-10-2000

BEGIN BUSINESS
DATE 07-19-2000
07-31-2000 07-31-2000 07-31-2000

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PREVIOUS NAME
Planters Bank Cordele
The Bank of Dodge County Eastman
Bank of Worth Sylvester

NOTICE OF CHANGE IN NAME

NEW NAME

APPROVAL DATE

PlantersFIRST

07-27-2000

EFFECTIVE DATE

Colony Bank of Dodge County

Pending

Colony Bank Worth

07-17-2000

APPLICATIONS TO CHANGE LOCATION

FINANCIAL INSTITUTION: CHANGE LOCATION OF

APPROVAL DATE

SunTrust Bank Atlanta

Northlake Branch Office From: 4030 LaVista Road
Tucker, GA DeKalb County To: 4089 LaVista Road Tucker, GA 30084 DeKalb County

07-31-2000

Community Bank & Trust - Winn-Dixie Supermarket Office

06-10-2000

Habersham

From: Highway 441 West Bypass

Cornelia

Cornelia 30531

Habersham County

To: 199 Habersham County Shopping Center

Cornelia 30531

Habersham County

EFFECTIVE DATE
06-10-2000

FINANCIAL INSTITUTION MERGERS

FINANCIAL INSTITUTION (SURVIVOR)

MERGED INSTITUTION

APPROVAL DATE

Cordele Banking Company Cordele

Pineview State Bank Pineview

07-27-2000

Planters Bank Hawkinsville

PlantersFIRST Cordele

07-27-2000

Branch Banking and Trust Company Premier Bank

Winston-Salem, NC

Atlanta

06-28-2000

Branch Banking and Trust Company Winston-Salem, NC

Bank Atlanta Decatur
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06-28-2000

EFFECTIVE DATE
07-14-2000 07-14-2000

FINANCIAL INSTITUTION MERGERS

FINANCIAL INSTITUTION (SURVIVOR)
Branch Banking and Trust Company Winston-Salem, NC
Branch Banking and Trust Company Winston-Salem, NC

MERGED INSTITUTION

APPROVAL DATE

Farmers and Merchants Bank 06-28-2000 Summerville

First Citizens Bank of Georgia 06-28-2000 Fayetteville

EFFECTIVE DATE
07-14-2000
07-14-2000

APPLICATIONS TO BECOME A BANK HOLDING COMPANY AND/OR TO ACQUIRE VOTING STOCK OF A FINANCIAL INSTITUTION

BANK HOLDING COMPANY

TO ACQUIRE

APPROVAL DATE

FORMATIONS Integrity Bancshares, Inc. Alpharetta, GA

Integrity Bank (In Organization) Alpharetta, GA

07-28-2000

FMB Equibanc, Inc. Statesboro, GA

Farmers & Merchants Bank Statesboro, GA

07-18-2000

ACQUISITIONS First National of Nebraska, Inc. Omaha, NE

InfiBank Atlanta, GA

07-05-2000

FINANCIAL INSTITUTION CONVERSIONS

PREVIOUS NAME Baxley Federal Savings Bank Baxley

CONVERTED TO Baxley Federal Bank Appling County

APPROVAL DATE
Pending

EFFECTIVE DATE

APPLICATIONS FOR RESERVATION OF A NAME

PROPOSED NAME Colony Bank of Dodge County

COUNTY Dodge County

APPLICANT Mr. Ben Mills, Jr. Secretary Colony Bankcorp, Inc. P.O. Box 408 Fitzgerald, GA 31750

God First Credit Union

Fulton County -6-

Mr. E. Tyrone Burke Georgia State University Federal Credit Union Post Office Box 2448 Atlanta, GA 30301

APPROVAL OF ELECTRONIC DATA PROCESSING SERVICER

FINANCIAL INSTITUTION

APPROVAL DATE

Digital Insight

06-02-2000

CITY
Doraville Conyers

CHECK CASHER LICENSES ISSUED
APPLICANT NAME
Instapay of Georgia, Inc. United Hispanic Enterprises, LLC

TRADE NAME
Unipago El Comal

Important Notice: Withdrawal of Proposed Rule
On June 8, 2000, the Department circulated to its mortgage licensees and registrants a revised proposed new Rule 80-11-4-.04, reflecting the concept of a Limited Mortgage Broker License. Comment to the first version of the rule was substantial, and with the second revised rule the Department attempted to eliminate some of the objections. Three comment letters to the revised version were received; two were negative, one requested further significant changes.
As indicated by the comments received in connection with this proposal as well as the original proposal, the limited license concept as represented in the proposed rule is problematic. Therefore, the Department has determined not to adopt the proposed rule.

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AREA CODE CHANGE

On August 1, 2000, two new area codes were added in South Georgia to supplement the existing 912 area code. The new area codes are 229 and 478. The Department requests those institutions affected by this area code change to inform the Department of their new telephone number. Please complete the following form and fax it to (770) 986-1655.

Name of Institution: _____________________________________________

Address:

_____________________________________________

_____________________________________________

_____________________________________________

Telephone Number: (_______)_____________________________________

Fax Number:

(_______)_____________________________________

Please Fax this form to Department of Banking and Finance Corporate Division Fax # (770) 986-1655

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