Department of Banking and Finance bulletin, Aug. 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/

August 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 August 2001.
IN THIS ISSUE:
Unauthorized Entity Alert

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APPLICATIONS FOR NEW FINANCIAL INSTITUTION

FINANCIAL INSTITUTION United Commercial Bank 5660 New Northside Drive, Suite 200 Atlanta, GA 30328 Fulton County
Piedmont Community Bank 110 Highway 18 Connector Gray, GA 31032 Jones County
Citizens & Southern Bank 7401 Hodgson Memorial Drive Savannah, GA 31406 Chatham County

CAPITALIZATION $ 10,000,000

APPROVAL

BEGIN

DATE BUSINESS DATE

Pending

$ 6,000,000

Pending

$ 9,750,000

08-17-2001

FINANCIAL INSTITUTION CONVERSIONS

PREVIOUS NAME Pinnacle Bank, National Association

CONVERTED TO Pinnacle Bank Elberton Elbert County

APPROVAL DATE Pending

South Georgia Bank

South Georgia Bank Glennville Tattnall County

Pending

Embry National Bank

Embry Bank Lawrenceville Gwinnett County

Pending

EFFECTIVE DATE

APPLICATIONS FOR DISSOLUTION

FINANCIAL INSTITUTION Georgia Credit Union Deposit Insurance Corporation Tucker, GA 30085

APPROVAL DATE 08-24-2001

EFFECTIVE DATE 08-27-2001

APPLICATIONS TO ESTABLISH A BRANCH OFFICE

2

FINANCIAL INSTITUTION

BRANCH OFFICE

Bank of North Georgia

Fulton County Branch Office

Alpharetta

1000 Abernathy Road, Suite 1400

Atlanta, GA 30328

Fulton County

APPROVAL DATE
08-20-2001

BEGIN BUSINESS
DATE

SunTrust Bank Atlanta

Franconia Safeway In-Store Branch Office 5980 Kingstown Center Alexandria, VA 22315 Fairfax County

Pending

SunTrust Bank Atlanta

Annapolis Safeway Branch Office 1780 Forest Drive Annapolis, MD 21401 Anne Arundel County

08-03-2001

SunTrust Bank Atlanta

Burke Center Safeway In-Store Branch Office 5727 Burke Center Burke, VA 22015 Fairfax County

Pending

SunTrust Bank Atlanta

Carney Safeway Branch Office 8858 Waltham Woods Drive Carney, MD 21234 Baltimore County

08-03-2001

SunTrust Bank Atlanta

Tree Summit Village Publix In-Store Branch Office 3870 Peachtree Industrial Boulevard
Duluth, GA 30096
Gwinnett County

08-28-2001

SunTrust Bank Atlanta

Goshen Oaks Safeway Branch Office 20211 Goshen Road Gaithersburg, MD 20789 Montgomery County

08-06-2001

SunTrust Bank Atlanta

Delk Spectrum Publix In-Store Branch Office 2900 Delk Road, Suite 1150 Marietta, GA 30067 Cobb County

08-28-2001

APPLICATIONS TO ESTABLISH A BRANCH OFFICE

3

SunTrust Bank Atlanta

Pasadena Safeway Branch Office 4211 Mountain Road Pasadena, MD 21224 Anne Arundel County

08-03-2001

SunTrust Bank Atlanta

Smallwood Plaza Safeway In-Store Branch Office 10 King Street Waldorf, MD 20601 Charles County

Pending

The Coastal Bank of Georgia Brunswick

Wealth Management Branch Office 100 Main Street St Simons Island, GA 31522 Glynn County

08-14-2001

Monroe County Bank Forsyth

Bolingbroke Branch Office 10788 Estes Road Macon, GA 31210 Bibb County

08-20-2001

Citizens & Southern Bank Savannah

Mill Creek Center Branch Office Mill Creek Center in Godley Station Pooler, GA 31322 Chatham County

08-17-2001

First Bank of Georgia Thomson

Furys Ferry Branch Office 375 Furys Ferry Road Martinez, GA 30907 Columbia County

08-14-2001

APPLICATIONS TO CHANGE LOCATION

FINANCIAL INSTITUTION Colony Bank Ashburn

Ashburn

From:

To:

APPROVAL

CHANGE LOCATION OF DATE

Lee County Branch

11-21-2000

1553 U.S. Highway 19 South

Leesburg 31763

Lee County

2609 Ledo Road

Leesburg 31763

Lee County

EFFECTIVE DATE
08-13-2001

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Citizens Bank and Trust of West Georgia

Temple Branch Office

Carrollton

From: 354 Sage Street

Temple 30179

Carroll County

To: 240 Carrollton Street

Temple 30179

Carroll County

CB&T Bank of Middle Georgia Warner Robins

Bonaire Branch Office From: 785 Highway 96
Bonaire 31005 Houston County To: 871 Highway 96 Bonaire 31005 Houston County

08-03-2001 08-23-2001

PREVIOUS NAME Gilmer County Bank
Ellijay

NOTICE OF CHANGE IN NAME

NEW NAME Appalachian Community Bank

APPROVAL DATE 07-09-2001

EFFECTIVE DATE 08-13-2001

APPLICATIONS FOR RESERVATION OF A NAME

PROPOSED NAME Lynk Bank

COUNTY Gwinnett County

APPLICANT Ms. Lyn G. Schroeder, Attorney 191 Peachtree Street, NE, 16th Flr Atlanta, GA 30303

Neighbors Bank

Fulton County

Ms. Barbara Lebow-Weilage, Attorney Barbara Lebow-Weilage, Esq., P.C. P. O. Box 889306
Atlanta, GA 30356

Paulding County Bank

Paulding County

Mr. Robert A. Calvert, Jr., Principal Calvert Consulting
P.O. Box 768711
Roswell, GA 30076

5

South DeKalb Bank

DeKalb County

United Community Bank, West Georgia Carroll County

Ms. Barbara Lebow-Weilage, Attorney Barbara Lebow-Weilage, Esq., P.C. P. O. Box 889306 Atlanta, GA 30356
Ms. Kelly A. Howley, Paralegal Kilpatrick Stockton LLP 1100 Peachtree St., Ste 2800 Atlanta, GA 30309-4530

FINANCIAL INSTITUTION MERGERS

FINANCIAL INSTITUTION (SURVIVOR)
Gilmer County Bank
Ellijay

MERGED INSTITUTION Appalachian Community Bank Blairsville

APPROVAL EFFECTIVE

DATE

DATE

07-09-2001 08-13-2001

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

Prudential Financial, Inc. Newark, NJ

Prudential IBH Holdco, Inc. Newark, NJ

Pending

Prudential IBH Holdco, Inc. Newark, NJ

The Prudential Savings Bank, FSB Atlanta, GA

Pending

Prudential IBH Holdco, Inc. Newark, NJ

The Prudential Bank and Trust Company Atlanta, GA

Pending

Heritage First Bancshares, Inc. Rome, GA

Heritage First Bank Rome, GA

Pending

6

ACQUISITIONS United Community Banks, Inc. Blairsville, GA
Synovus Financial Corp. Columbus, GA

Peoples Bank of West Georgia Carrollton, GA
First American Bank of Pensacola, N.A. Pensacola, FL

Pending 08-27-2001

CITY Riverdale Forest Park Atlanta Lawrenceville Atlanta

CHECK CASHER LICENSES ISSUED

APPLICANT NAME Byrd-Colbert, Jamie J. Main Street Gro. Inc. Merchant Financial, Inc. Mereb, Inc. SNT, INC.

TRADE NAME Check It Check Cashing R&J Bottle Shop Easy Check Cashing Conoco Bottlehouse

APPROVAL OF ELECTRONIC DATA PROCESSING SERVICER

FINANCIAL INSTITUTION State Street Bank and Trust Company Boston, MA

APPROVAL DATE 08-16-2001

N O T I C E
UNAUTHORIZED ENTITY ALERT - VENTURA SAVINGS BANK, ROSWELL, GEORGIA
It has come to the Department's attention that checks drawn on an unauthorized bank, Ventura Savings Bank, 1010 Huntcliff Boulevard, Roswell, Georgia 30350 are being presented for collection and/or cashing. The Department has no record of Ventura Savings Bank and the checks drawn on this entity appear to be bogus. The routing number on these checks is that of First Volunteer Bank of Tennessee, Chattanooga, Tennessee, a Tennessee state chartered bank. First Volunteer Bank of Tennessee is not associated with Ventura Savings Bank.
This notice is provided for the benefit of the public, by order of Commissioner Steven Bridges, this the 31st day of August 2001, by authority of O.C.G.A. 7-1-70(d), 7-1-5, and 7-1-3.

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