. . . .BULLETIN. . . .BULLETIN. . . .BULLETIN. . . .BULLETIN. . . . STATE OF GEORGIA DEPARTMENT OF BANKING AND FINANCE 2990 Brandywine Road, Suite 200 Atlanta, Georgia 30341-5565 STEVEN D. BRIDGES, COMMISSIONER Phone: (770) 986-1633 Fax: (770) 986-1655 Internet Address: http://www.state.ga.us/dbf/ December 31, 2001 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 December 2001. IN THIS ISSUE: 2002 Holiday Schedule - Page 6 1 of 6 APPLICATIONS FOR NEW FINANCIAL INSTITUTION FINANCIAL INSTITUTION CompuCredit Bank Two Ravinia Drive Suite 690 Atlanta, GA 30346 DeKalb County CAPITALIZATION $ 19,884,000 APPROVAL DATE 05-28-1999 BEGIN BUSINESS DATE Rescinded 12-04-2001 Generations Bank 336 Blue Ridge Street Blairsville, GA 30512 Union County Piedmont Community Bank 110 Highway 18 Connector Gray, GA 31032 Jones County New Southern Bank 4077 Forsyth Street Macon, GA 31210 Bibb County $ 6,500,000 $ 6,000,000 $ 7,694,354 Pending Pending 06-15-2001 12-10-2001 Homestead Bank 1120 Peachtree Industrial Boulevard Suwanee, GA 30024 Gwinnett County $ 10,000,000 Pending PREVIOUS NAME South Georgia Bank Glennville Tattnall County Embry National Bank Lawrenceville Gwinnett County FINANCIAL INSTITUTION CONVERSIONS CONVERTED TO South Georgia Bank APPROVAL DATE 09-17-2001 Embry Bank 10-19-2001 EFFECTIVE DATE 12-31-2001 12-17-2001 2 of 6 APPLICATIONS TO ESTABLISH A BRANCH OFFICE FINANCIAL INSTITUTIONS SunTrust Bank Atlanta SunTrust Bank Atlanta SunTrust Bank Atlanta Merchants and Farmers Bank Donalsonville Security Bank of Bibb County Macon Durden Banking Company, Inc. Twin City FLAG Bank Vienna First State Bank Wrens United Bank Zebulon BRANCH OFFICE Bryans Road Safeway In-Store Branch Office 3129 Marshall Hall Road Bryans Road, MD 20616 Charles County Smallwood Plaza Safeway In-Store Branch Office 10 King Street Waldorf, MD 20601 Charles County Goshen Oaks Safeway Branch Office 20211 Goshen Road Gaithersburg, MD 20789 Montgomery County Colquitt Branch Office 162 East Crawford Street Colquitt, GA 31737 Miller County Carlyle Place Branch Office 5300 Zebulon Road Macon, GA 31210 Bibb County Metter Branch Office 900 South Lewis Street Metter, GA 30439 Candler County Roswell Branch Office L.L. 412, 1st Dist., 2nd Sec. Roswell, GA 30075 Fulton County Americus Branch Office 1126-B East Lamar Street Americus, GA 31709 Sumter County North Church Street Wal-Mart Branch Office 855 North Church Street Thomaston, GA 30286 Upson County APPROVAL DATE 12-26-2001 09-07-2001 08-06-2001 11-05-2001 11-15-2001 12-28-2001 Pending 12-13-2001 12-18-2001 BEGIN BUSINESS DATE 10-31-2001 12-12-2001 12-24-2001 12-10-2001 3 of 6 FINANCIAL INSTITUTION SunTrust Bank Atlanta Chestatee State Bank Dawsonville Douglas County Bank Douglasville APPLICATIONS TO CHANGE LOCATION From: To: CHANGE LOCATION OF Pine Island Branch Office 10290 Stringfellow Road St. James City, FL Lee County 10202 Stringfellow Road St. James City, FL 33956 Lee County APPROVAL DATE 10-12-2001 From: To: Dawsonville Branch Office 86 Highway, 53 West Dawsonville, GA 30534 Dawson County 500 GA Highway 53 East Dawsonville, GA 30534 Dawson County 12-10-2001 From: To: Thornton Road Office 1046 Oakridge Road Lithia Springs, 30122 Douglas County Lithia Springs Branch Office 3491 Skyview Drive Lithia Springs, GA 30122 Douglas County 02-27-2001 EFFECTIVE DATE 12-02-2001 12-17-2001 NOTICE OF CHANGE IN NAME PREVIOUS NAME The Georgia State Dept. of Education Credit Union Atlanta New South Bank Macon NEW NAME Georgia Peach Credit Union New Southern Bank APPROVAL DATE 12-18-2001 EFFECTIVE DATE 12-07-2001 12-07-2001 FINANCIAL INSTITUTION MERGERS FINANCIAL INSTITUTION (SURVIVOR) The Park Avenue Bank Valdosta MERGED INSTITUTION Farmers and Merchants Bank Adel APPROVAL DATE 10-30-2001 EFFECTIVE DATE 12-10-2001 4 of 6 APPLICATIONS TO BECOME A BANK HOLDING COMPANY AND/OR TO ACQUIRE VOTING STOCK OF A FINANCIAL INSTITUTION BANK HOLDING COMPANY CompuCredit Corporation Atlanta, GA West Metro Financial Services, Inc. Dallas, GA FORMATIONS ONLY TO ACQUIRE CompuCredit Bank Atlanta, GA First National Bank of West Metro (in organization) Dallas, GA APPROVAL DATE Rescinded 12-04-2001 12-28-2001 FNC S-Corp Douglas, GA C&S Bancorporation, Inc. Savannah, GA First Southern Bancorp Statesboro, GA FNC Bancorp, Inc. Douglas, GA Citizens and Southern Bank (in organization) Savannah, GA First Southern National Bank (in organization) Statesboro, GA 12-04-2001 Pending 12-07-2001 CITY Milledgeville Marietta Atlanta Duluth Norcross Marietta CHECK CASHER LICENSES ISSUED APPLICANT NAME Foshee, David Kenneth Happy Charlie, Inc. K & Y Cho, Inc. Mithwani, Inc. Serveco, LLC The Raper Company, LLC TRADE NAME Luckys Lotto/Star Ck Cshg Dixie Package Store R & A Package Store Circle Food Mart A & I Services Dinero Rapido 5 of 6 2002 HOLIDAY SCHEDULE It is anticipated that the following schedule will be observed for 2002. Financial Institutions may observe both the official observance day as well as alternative observances indicated. In addition to these designated dates, financial institutions may close on Sunday and one discretionary day each week. If the discretionary day observed is changed permanently or temporarily, customer notice must be posted at least 30 days in advance. 2002 New Year's Day Martin Luther King, Jr.'s Birthday (Will be observed) Robert E. Lee's Birthday (Will be observed) Washington's Birthday (Will be observed) Confederate Memorial Day National Memorial Day Independence Day Labor Day Columbus Day Veterans'Day Thanksgiving Day (Alternate observance of Lee's Birthday) Christmas Day (Alternate observance of Washington's Birthday) Tuesday, January 1 Tuesday, January 15 Monday, January 21 Saturday, January 19 Friday, November 29 Monday, February 18 Thursday, December 26 Friday, April 26 Monday, May 27 Thursday, July 4 Monday, September 2 Monday, October 14 Monday, November 11 Thursday, November 28 Friday, November 29 Wednesday, December 25 Thursday, December 26 EMERGENCY CLOSINGS As winter is here, all financial institutions are reminded that current regulations provide for management to exercise its own discretion, with notification to the Department, in closing any institution for one business day (renewal for successive days) upon its determination that the safety of customers, employees or assets would be in jeopardy due to civil disorder, fire, acts of God, or utility failure or similar circumstances which render the institution unable to conduct business in a safe and sound manner. Such closings should be communicated to the Department by telephone, mail or fax as soon as transmission is feasible. Back to top 6 of 6