Department of Banking and Finance bulletin, Oct. 31, 2002

. . . .BULLETIN. . . .BULLETIN. . . .BULLETIN. . . .BULLETIN. . . .
STATE OF GEORGIA
DEPARTMENT OF BANKING AND FINANCE
2990 Brandywine Road, Suite 200 Atlanta, Georgia 30341-5565
DAVID G. SORRELL, ACTING COMMISSIONER

Phone: (770) 986-1633

Fax: (770) 986-1655

Internet Address: http://www.gadbf.org
October 31, 2002 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 October 2002.
NOTICES:
Georgia Fair Lending Act (GAFLA) Resources 2003 Holiday Schedule

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APPLICATIONS FOR NEW FINANCIAL INSTITUTION

FINANCIAL INSTITUTION Neighbors Bank 2320 Old Milton Parkway Alpharetta, GA 30004 Fulton County

CAPITALIZATION APPROVAL DATE

$ 9,000,000

10-15-2002

BEGIN BUSINESS DATE

Georgia Commerce Bank 3625 Cumberland Boulevard Atlanta, GA 30339 Cobb County

$ 10,000,000

Pending

Lanier Community Bank 4356 South Lee Street Buford, GA 30518 Gwinnett County

$ 10,000,000

10-29-2002

Mountain State Bank NW Corner of 400 Center Drive & Dawson 400 Circle Dawsonville, GA 30534 Dawson County

$ 8,250,000

Pending

First Commerce Community Bank 9464 Highway 5 Douglasville, GA 30135 Douglas County

$ 8,500,000

10-21-2002

American Trust Bank 300 Colonial Center Parkway, Suite 150 Roswell, GA 30076 Fulton County

$ 8,000,000

Pending

APPLICATIONS FOR DISSOLUTION

FINANCIAL INSTITUTION AmTrade International Bank of Georgia Atlanta, GA 30309

APPROVAL DATE Bank is in Receivership Click here for further information

EFFECTIVE DATE

APPLICATIONS TO ESTABLISH A BRANCH OFFICE

FINANCIAL INSTITUTION SunTrust Bank Atlanta

BRANCH OFFICE Hairston Crossing Publix In-Store Branch Office 2075 South Hairston Road Decatur, GA 30035 DeKalb County

APPROVAL DATE
10-08-2002

BEGIN BUSINESS
DATE

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FINANCIAL INSTITUTION SunTrust Bank Atlanta
SunTrust Bank Atlanta
United Community Bank Blairsville
Bank of Terrell Dawson
Mountain State Bank Dawsonville
Monroe County Bank Forsyth
Community Bank and Trust - Troup LaGrange
First Chatham Bank Savannah
The Coastal Bank Savannah

BRANCH OFFICE Orlando International Airport Branch Office 9259F Airport Boulevard Orlando, FL 32827 Orange County
Hechinger Mall Safeway In-Store Branch Office 1601 Maryland Avenue NE Washington, DC 20002
Cornelia Branch Office 1472 441 By-Pass Cornelia, GA 30531 Habersham County
Leesburg Branch Office 3000 North Slappey Drive Albany, GA 31701 Lee County
Cumming Branch Office SW Corner of Bethelview Road & GA 9 Cumming, GA 30040 Forsyth County
Bolingbroke Branch Office 10788 Estes Road Macon, GA 31210 Bibb County
Ingles #491 Branch Office 1890 East Main Street Hogansville, GA 30230-2771 Troup County
Mill Creek Center Branch Office 196 Pooler Parkway Pooler, GA 31322 Chatham County
Operational Services Center Branch Office 605 West Highway 80 Pooler, GA 31322 Chatham County

APPROVAL DATE
10-18-2002

BEGIN BUSINESS
DATE

06-26-2002

10-30-2002

10-10-2002

03-03-2000

10-28-2002

Pending

08-20-2001

10-28-2002

09-17-2002

10-28-2002

08-17-2001

10-07-2002

08-20-2002

10-31-2002

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PREVIOUS NAME First Bank of Gwinnett Lawrenceville

NOTICE OF CHANGE IN NAME
NEW NAME First Bank of the South

APPROVAL DATE
10-24-2002

EFFECTIVE DATE

Jordan Banking Company Leary

Southern Horizon Bank

10-01-2002 10-01-2002

PROPOSED NAME Community Bank of Georgia

APPLICATIONS FOR RESERVATION OF A NAME

COUNTY Appling County

APPLICANT Ms. Jeannie B. Osborne, Paralegal Powell Goldstein Frazer & Murphy 191 Peachtree Street, NE 16th Floor Atlanta, GA 30303

Freedom Bank

Jackson County

Ms. Jeannie B. Osborne, Paralegal Powell Goldstein Frazer & Murphy 191 Peachtree Street, NE, 16th Floor Atlanta, GA 30303

FINANCIAL INSTITUTION (SURVIVOR)
Citizens Trust Bank Atlanta

FINANCIAL INSTITUTION MERGERS
MERGED INSTITUTION Citizens Federal Savings Bank Birmingham, AL

APPROVAL DATE
Pending

EFFECTIVE DATE

United Community Bank Blairsville

United Community Bank West Georgia Carrollton

10-17-2002

United Community Bank Blairsville

United Community Bank Metro Marietta

10-17-2002

United Community Bank Blairsville

United Community Bank Dawson County Dawsonville

10-17-2002

United Community Bank Blairsville

United Community Bank Rabun County Clayton

10-17-2002

United Community Bank Blairsville

United Community Bank White County Cleveland

10-17-2002

United Community Bank Blairsville

United Community Bank Towns County Hiawassee

10-17-2002

United Community Bank Blairsville

United Community Bank North Georgia Blue Ridge

10-17-2002

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FINANCIAL INSTITUTION (SURVIVOR) Main Street Bank Covington
Western Union Bank Greenwood Village, CO

MERGED INSTITUTION First National Bank of Johns Creek Suwanee
First Financial Bank Atlanta

APPROVAL DATE
Pending

EFFECTIVE DATE

Pending

First Bank of Gwinnett Lawrenceville

Embry Bank Lawrenceville

Pending

Georgia Guard Credit Union Macon

White Gold Credit Union Dry Branch

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 Pinnacle S-Corp, Inc. Elberton, GA
Hazlehurst Investors, Inc. Hazlehurst, GA

Pinnacle Bank Elberton, GA
Bank of Hazlehurst Hazlehurst, GA

Pending Pending

ACQUISITIONS Synovus Financial Corp. Columbus, GA

United Financial Holdings, Inc. St. Petersburg, FL

10-31-2002

Putnam-Greene Financial Corporation Eatonton, GA

The Citizens Bank of Cochran Cochran, GA

10-28-2002

CITY Dalton Dalton Jonesboro Norcross Lithonia Atlanta Dalton Moultrie Dalton Savannah

CHECK CASHER LICENSES ISSUED

APPLICANT NAME Alanis, Inc. Carniceria Loa, Inc. Friends Check Cashing and Associates, LLC Impact Entertainments, Inc. Lee, Jung Yun Money Market of Atlanta, Inc. National Title/Pawn of Dalton, Inc. Plymel Package Store, Inc. Ramirez, Victor Tuten, William H., Jr.

TRADE NAME Monterey Grocery Carniceria Loa Friends Check Cashing and Associates Impacto Cash Service IMM Panola SSI National Title Pawn Plymel Package Store Carniceria Loa #2 AB Cash Wizards

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NOTICES
Georgia Fair Lending Act (GAFLA) Resources
The Georgia Fair Lending Act became effective on October 1, 2002. This law has a significant impact on Georgia residential mortgage lending and brokering activities. Please visit the Department's GAFLA Resources webpage at: http://www.state.ga.us/dbf/GAFLAresources.html where you will find information and resources pertaining to the GAFLA.

2003 HOLIDAY SCHEDULE
On August 7, 2002, and in accordance with O.C.G.A. 1-4-1, Governor Roy E. Barnes proclaimed the following dates as public and legal holidays for the year 2003. 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

Veterans' Day Thanksgiving Day
(Alternate observance of Lee's Birthday)
Christmas Day (Alternate observance of President's Day)

Monday, November 11 Thursday, November 28 Friday, November 29 Wednesday, December 25 Thursday, December 26

2003

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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 (Will be observed)
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)

Wednesday, January 1 Wednesday, January 15
Monday, January 20
Sunday, January 19
Friday, November 28
Saturday, February 22
Friday, December 26
Saturday, April 26
Monday, April 28
Monday, May 26 Friday, July 4 Monday, September 1 Monday, October 13 Tuesday, November 11 Thursday, November 27 Friday, November 28 Thursday, December 25 Friday, December 26

EMERGENCY CLOSINGS
As the winter months approach, 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 faxas soon as transmission is feasible.
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