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/ May 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 May 2001. IN THIS ISSUE: Department Publications Recently Posted to our Website APPLICATIONS FOR NEW FINANCIAL INSTITUTION FINANCIAL INSTITUTION Prime Bank 3423 Piedmont Road Suite 125 Atlanta, GA 30305 Fulton County CAPITALIZATION APPROVAL DATE BEGIN BUSINESS DATE $ 8,500,000 Pending New South Bank 4077 Forsyth Street Macon, GA 31210 Bibb County $ 7,000,000 Pending Guardian Bank 701 Wildwood Plantation Drive Valdosta, GA 31602 Lowndes County $ 4,500,000 12-07-2000 05-01-2001 APPLICATIONS TO ESTABLISH A BRANCH OFFICE FINANCIAL INSTITUTION Bank of North Georgia Alpharetta BRANCH OFFICE Buckhead Branch Office 11 Piedmont Center Suite 110 Atlanta, GA 30305 Fulton County APPROVAL DATE 05-25-2001 BEGIN BUSINESS DATE SunTrust Bank Atlanta Bethany Village In-Store Branch Office 13800 Highway 9, Suite E Alpharetta, GA 30004 Fulton County 03-29-2001 05-31-2001 SunTrust Bank Atlanta Publix on Ponce Branch Office 1001 Ponce de Leon Avenue Atlanta, GA 30308 Fulton County 01-27-2000 05-24-2001 SunTrust Bank Atlanta Good Hope Marketplace Branch Office 2845 Alabama Avenue, SE Washington, DC 20020 05-04-2001 Georgia Bank & Trust Company of Augusta Augusta Fury's Ferry Branch Office 409 Fury's Ferry Road Martinez, GA 30907 Columbia County Cohutta Banking Company Chatsworth Old Chattanooga Road Branch Office 1501 North Thornton Avenue Dalton, GA 30720 Whitfield County Community Bank & Trust Cornelia Kroger #437 Branch Office 3630 Thompson Bridge Gainesville, GA 30506 Hall County Chestatee State Bank Dawsonville Foothills Branch Office 34 Holcomb Way Marble Hill, GA 30148 Pickens County Colony Bank of Fitzgerald Fitzgerald Warner Robins Branch Office South Houston Lake Road and Chilton Place Warner Robins, GA 31088 Houston County Riverside Bank Marietta East Paces Ferry Branch Office 334 East Paces Ferry Road Atlanta, GA 30305 Fulton County Southern Bank Sardis Rowland House Branch Office 855 Liberty Street Waynesboro, GA 30830 Burke County Community Bank of the South Smyrna Dallas Highway Branch Office 3596 Dallas Highway Marietta, GA 30064 Cobb County 11-03-2000 05-29-2001 05-02-2000 05-04-2001 03-28-2001 05-17-2001 03-03-2000 05-21-2001 05-17-2001 05-29-2001 10-24-2000 05-07-2001 05-07-2001 The First State Bank Stockbridge Guardian Bank Valdosta The Park Avenue Bank Valdosta Crumbley Road Branch Office State Route 155 and Crumbley Road Stockbridge, GA Henry County North Ashley Branch Office 1906 North Ashley Street Valdosta, GA 31602 Lowndes County Richmond Hill Branch Office 1925 Highway 17 Richmond Hill, GA 31324 Bryan County 05-01-2001 12-07-2000 05-01-2001 05-24-2001 FINANCIAL INSTITUTION Community First Bank Carrollton APPLICATIONS TO CHANGE LOCATION CHANGE LOCATION OF Hiram Branch Office From: 4166 Jimmy Lee Smith Parkway Suite F Hiram 30141 Paulding County To: 5071 Jimmy Lee Smith Parkway Hiram 30141 Paulding County APPROVAL DATE 12-20-2000 EFFECTIVE DATE 03-05-2001 Peoples Bank of West Georgia Villa Rica Crossing Branch Office Carrollton From: 664 West Bankhead Highway Suite 2-C Villa Rica 30180 To: 485 West Bankhead Highway Villa Rica 30180 Carroll County 04-20-2001 05-24-2001 APPLICATIONS FOR RESERVATION OF A NAME PROPOSED NAME C & S Bank Citizens & Southern Bank Piedmont Banc Amended United Commercial Bank COUNTY Chatham County APPLICANT Mr. Byron Richardson Principal Bank Resources, Inc. 4290 Bells Ferry Rd, Ste 106-36 Kennesaw, GA 30144 Chatham County Mr. Byron Richardson Principal Bank Resources, Inc. 4290 Bells Ferry Rd., Ste 106-36 Kennesaw, GA 30144 Fulton County Mr. Richard T. Hills Attorney Womble Carlyle Sandridge & Rice 1201 W Peachtree St N.E. Atlanta, GA 30309 Fulton County Mr. Robert A. Calvert, Jr. Principal & Owner Calvert Consulting P. O. Box 768711 Rowell, GA 30076 FINANCIAL INSTITUTION MERGERS FINANCIAL INSTITUTION (SURVIVOR) Community First Bank Carrollton MERGED INSTITUTION Douglas Federal Bank Douglasville APPROVAL EFFECTIVE DATE DATE 05-18-2001 05-23-2001 The Park Avenue Bank Valdosta Friendship Community Bank Ocala, FL Pending Branch Banking and Trust Company Winston-Salem, NC Hardwick Bank & Trust Company Dalton 05-09-2001 05-11-2001 Branch Banking and Trust Company Winston-Salem, NC Metter Banking Company Metter 05-09-2001 05-11-2001 Branch Banking and Trust Company Winston-Salem, NC First Bulloch Bank & Trust Company Statesboro 05-09-2001 05-11-2001 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 Georgia Banking Company, Inc. Atlanta, GA Georgia Banking Company (In Organization) Atlanta, GA Pending Reliance Financial Corporation Atlanta, GA Reliance Trust Company Atlanta, GA 05-25-2001 Georgia Bancshares, Inc. Fayetteville, GA The Bank of Georgia Fayetteville, GA 05-15-2001 ACQUISITIONS Summit Bank Corporation Atlanta, GA Global Commerce Bank Doraville, GA Rescinded 05-09-2001 GB&T Bancshares, Inc. Gainesville, GA Community Trust Bank Hiram, GA 05-17-2001 Persons Banking Company, Inc. Lithonia, GA The Farmers Bank Forsyth, GA 05-16-2001 ABC Bancorp Moultrie, GA The First Bank of Brunswick Brunswick, GA 05-29-2001 CHECK CASHER LICENSES ISSUED CITY Riverdale Marietta Waycross Atlanta Smyrna Conyers Sugar Hill Stone Mountain Roswell Smyrna Doraville APPLICANT NAME Cellular Z, Inc. Chong, Kyong H. Collins, Pamela Jean Crown Global Investments, Inc. ET Group, Inc. Kim, Myung S. Lee, Kyong O. Mahal Corporation Peach State Capital, Inc. Stone Improvements Corp. Universal Express, Inc. TRADE NAME Cellular Z Pager Stop & Shop Edd's Package Avenue Newsstand NBI Check Cashing - So. Cobb Sunrise Sugar Hill Convenience Store Beverage Club Shell Food Mart Check King Universal Express N O T I C E DEPARTMENT PUBLICATIONS RECENTLY POSTED TO OUR WEBSITE The Department's 2000 Annual Report was recently posted to our website. The Report is available for viewing or downloading in Adobe PDF format at the following Internet address: http://www.state.ga.us/dbf/publications.html. In addition, the Department has recently revised the Bank Director Handbook and the Credit Union Director Handbook. These publications have been posted to the Department's website at the following address: http://www.state.ga.us/dbf/publications.html. The Internet version of these Handbooks is available in either Microsoft Word or Adobe PDF format (8.5 x 11 in. - letter size) and can be viewed or downloaded from our website. Each financial institution will be provided with two (2) hard copies of the Director Handbook for their use. Back to Top