Department of Banking and Finance bulletin, Mar. 31, 2001

. . . .BULLETIN. . . .BULLETIN. . . .BULLETIN. . . .BULLETIN. . . .
STATE OF GEORGIA DEPARTMENT OF BANKING AND FINANCE
STEVEN D. BRIDGES, COMMISSIONER

Phone: (770) 986-1633

Fax: (770) 986-1655

Internet Address: http://www.state.ga.us/dbf/
March 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 March 2001. IN THIS ISSUE: Form 990 Tax Filing Reminder for Credit Unions Invoice Fraud Schemes VistaBank, Ltd. Applications Manual & Statement of Policies
APPLICATIONS FOR NEW FINANCIAL INSTITUTION

FINANCIAL INSTITUTION New South Bank 4077 Forsyth Street Macon, GA 31210 Bibb County

CAPITALIZATION $ 7,000,000

APPROVAL DATE Pending

BEGIN BUSINESS DATE

Georgian Bank (f/k/a Sweetwater Bank & Trust) 3270 Florence Road Powder Springs, GA 30127 Cobb County

$ 7,500,000

03-02-2001

APPLICATIONS TO ESTABLISH A BRANCH OFFICE

FINANCIAL INSTITUTION SunTrust Bank Atlanta

BRANCH OFFICE Bethany Village In-Store Branch Office 13800 Highway 9, Suite E Alpharetta, GA 30004 Fulton County

APPROVAL DATE
03-29-2001

BEGIN BUSINESS
DATE

SunTrust Bank Atlanta

Toco Hills In-Store Branch Office 2969 North Druid Hills Road Atlanta, GA 30329-3909 DeKalb County

03-29-2001

SunTrust Bank Atlanta

North Charles Safeway Branch Office 2401 North Charles Street Baltimore, MD 21218

03-26-2001

SunTrust Bank Atlanta

Fairfax Towne Center Safeway Office 12200 W. Ox Road Fairfax, VA 22033 Fairfax County

03-16-2001

SunTrust Bank Atlanta

Quince Orchard Safeway Branch Office 12251 Darnestown Rd Gaithersburg, MD 20878 Montgomery County

03-26-2001

SunTrust Bank Atlanta
SunTrust Bank Atlanta
SunTrust Bank Atlanta
Community Bank & Trust Cornelia
First Nation Bank Covington
Dalton Whitfield Bank Dalton
The Peachtree Bank Duluth
The Peachtree Bank Duluth

McDonough West In-Store Branch Office 250 Jonesboro Road McDonough, GA 30253 Henry County
Palm Coast West Branch Office 15 Pine Cone Drive Palm Coast, FL 32137 Flagler County
Opitz Safeway Branch Office 20942 Daniel Stewart Square Woodbridge, VA 22191 Prince William County
Kroger #437 Branch Office 3630 Thompson Bridge Gainesville, GA 30506 Hall County
Willow Lane Branch Office 101 Willow Lane McDonough, GA 30253 Henry County
Rocky Face Branch Office 2709 Chattanooga Road, Suite 5 Rocky Face, GA 30740 Whitfield County
Mt. Vernon Branch Office 1725 Mt. Vernon Road, Suite D Dunwoody, GA 30338 DeKalb County
Sugar Hill Branch Office 1400 Buford Highway, Suite E-4 Sugar Hill, GA 30518 Gwinnett County

03-29-2001 02-19-2001 03-19-2001 03-26-2001 03-28-2001 03-06-2001
Pending 03-06-2001 09-11-2000 03-13-2001

Gainesville Bank & Trust Gainesville

North Hall Branch Office SR 60, 300 feet N of SR 283 Gainesville, GA 30506 Hall County

The Heritage Bank Hinesville

Savannah 204 Branch Office Hwy 17 & Hwy 204 Inside Wal-Mart Savannah, GA 31405 Chatham County

Security Bank of Bibb County Macon

Forsyth Road Branch Office 4219 Forsyth Road Macon, GA 31210 Bibb County

First Community Bank of Georgia Byron Branch Office

Roberta

202 West White Road

Byron, GA 31008

Peach County

03-26-2001 06-30-2000 03-14-2001
Pending 08-28-2000 03-12-2001

APPLICATIONS TO CHANGE LOCATION

FINANCIAL INSTITUTION SunTrust Bank Atlanta

CHANGE LOCATION OF Punta Gorda Isles Branch Office From: 1625 West Marion Avenue Punta Gorda, FL 33950 Charlotte County To: 1107 W. Marion Ave., Suite 119 Punta Gorda, FL 33950 Charlotte County

APPROVAL EFFECTIVE

DATE

DATE

06-28-2000 03-19-2001

Citizens Bank Cairo

Main Office From: 128 South Broad Street
Cairo, GA 31728 Grady County To: 600 North Broad Cairo, GA 31728 Grady County

11-17-1999 03-19-2001

NOTICE OF CHANGE IN NAME

PREVIOUS NAME 1st Floyd Bank Rome
Bank of Burke County Sardis

NEW NAME First Floyd Bank
Southern Bank

APPROVAL DATE 02-12-2001

EFFECTIVE DATE 02-14-2001

Pending

APPLICATIONS FOR RESERVATION OF A NAME

PROPOSED NAME Business Bank Georgian Bank Glennville Bank
Piedmont Bank Prime Bank

COUNTY Cobb County Cobb County Tattnall County
Fulton County Fulton County

APPLICANT Mr. Robert A. Calvert, Jr. Calvert Consulting P. O. Box 768711 Roswell, GA 30076
Ms. Veronica S. Jones, Attorney Bentley, Bentley & Bentley P. O. Box 968 Marietta, GA 30060
Mr. Tracy M. Durrence President & CEO Glennville Bank & Trust Co. P.O. Box 278 Glennville, GA 30427-0278
Mr. Richard T. Hills, Attorney Womble Carlyle Sandridge & Rice 1201 West Peachtree St., N.E. Atlanta, GA 30309
Mr. Richard T. Hills, Attorney Womble Carlyle Sandridge & Rice 1201 W Peachtree St., NE Atlanta, GA 30309

FINANCIAL INSTITUTION MERGERS

FINANCIAL INSTITUTION (SURVIVOR)
United Community Bank
Blairsville

MERGED INSTITUTION First Floyd Bank Rome

United Community Bank Blairsville

Bank of Adairsville Adairsville

Community First Bank Carrollton

Douglas Federal Bank Douglasville

APPROVAL DATE
03-20-2001

EFFECTIVE DATE

03-20-2001

Pending

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 Reliance Financial Corporation Atlanta, GA

Reliance Trust Company Atlanta, GA

Pending

SouthernBank Holdings, Inc. Buford, GA

SouthernBank, N.A., (In Organization) Buford, GA

Rescinded 03-21-2001

NBOG Bancorporation, Inc. Gainesville, GA

National Bank of Gainesville (In Organization) Gainesville, GA

Pending

Rivoli BanCorp, Inc. Macon, GA

Rivoli Bank & Trust Macon, GA

03-21-2001

ACQUISITIONS Persons Banking Company, Inc. Lithonia, GA

The Farmers Bank Forsyth, GA

Pending

BB&T Corporation Winston-Salem, NC

Century South Banks, Inc. Alpharetta, GA
CHECK CASHER LICENSES ISSUED

03-13-2001

CITY Atlanta Valdosta Nashville Vidalia Norcross Hoffman Estates, IL

APPLICANT NAME Bernard Grissett Downtown Pawn, Inc. J.H. Harvey Company Lee Discount Company, Inc. Lilly's Checks Cashed, Inc. Sears, Roebuck and Co.

TRADE NAME Money Center Check Cashing Pawn USA Harvey's Supermarkets Lee Discount Company, Inc. Lilly's Checks Cashed Sears Roebuck

N O T I C E S
FINAL REMINDER For State Chartered Credit Unions
Form 990 Tax Filing The Department informed all State Chartered Credit Unions early in 2000 that we would not be making a consolidated Tax Filing for the Year 2000 and thereafter. We placed a reminder in the Bulletin at year-end to further remind credit unions to make the necessary preparations for making this tax filing. This is a final reminder to all credit unions that they need to make plans to make this filing individually and obtain the necessary forms from the Internal Revenue Service to make this filing. The filing deadline is rapidly approaching, so you need to begin this process immediately if you have not already made this filing. If you require assistance in completing this return, there are a number of consultants and accountants, as well as the Georgia Credit Union Affiliates, that have been working with credit unions in completing these 990 Tax filings. The consolidated filings made for the two previous tax years are available on the Department's website at www.state.ga.us/dbf/credit_unions.html. If you have any questions regarding these issues, please feel free to Contact Deputy Commissioner for Supervision George A. Reynolds at (770) 986-1629 or Supervisory Manager Wayne Orr at (770) 986-1637.
Notice to Financial Institution Management, Invoice Fraud Schemes It has come to the attention of the Department of Banking and Finance from several sources that financial institutions are receiving invoices for goods and services that have not been contracted for by the institution. The proliferation of technology has impacted the method of delivery and receipt of such invoices, and cases have been noted recently where invoices have been forwarded by fax or E-Mail in addition to regular mail. Management should have adequate control processes and procedures in place to determine that invoices are valid and that they represent goods or services that have been validly contracted for and received. If you determine that you have been the subject of such a fraud or attempted fraud, you should report this to law enforcement and make required SAR and Bonding Company filings where appropriate. If you have any further questions regarding these issues, please contact Deputy Commissioner for Supervision George A. Reynolds at (770) 986-1629.
VistaBank, Ltd. It has been brought to the Department's attention that an institution called "VistaBank, Ltd." is located in and doing a financial services business in Georgia. This institution has not been authorized to do a banking business by this Department.
Applications Manual and Statement of Policies The Department has revised these two publications. Both revisions, dated March 15, 2001, are available on the Department's website www.state.ga.us/dbf/forms_applications.html. Please note that the documents are in Portable Document Format (PDF) which can be read by Adobe

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