Financial institutions today, July 31, 2005

FIT

Dept. of Banking and Finance 2990 Brandywine Road, Suit 200
Atlanta, GA 30341-5564 (770) 986-1633 Phone (770) 986-1655 Fax http://www.gadbf.org David G. Sorrell, Commissioner

financial institutionS today
news about all dbf regulated entities

July 31, 2005

Monthly Bulletin #7

In this Issue:

o FBI Fraud Alert Poster

o FDIC Issues Guidance on

Mitigating Risks from

Spyware

o FDIC Guidance Issued on

FRAUD ALERT POSTER

Pharming o Pharming: What to Look

for, What Can Be done

The FBI has created a lobby poster for financial institutions to display alerting customers and employees to potential fraud situations. The poster lists several possible ways customers can become involved in a fraudulent scheme. To access the poster and download, go to

o FDIC Warns Banks on Risks of Voice Over Internet Protocol
o Hispanic Card Scam o Online Identity Thieves
Increasingly Hit ATMs for

http://columbia.fbi.gov/fraudletter.htm.

Payout o New Call Reporting

Issues Guidance on Mitigating Risks

Process, Need Help? o Bank Secrecy Act/Anti-

from Spyware

Money Laundering Guidance

o New Spanish Resource

The Internet has become a popular method for conducting business o Check Fraud Alert and managing finances through online banking relationships. While o Cease and Desist Order

most financial institutions and some individuals have taken steps to protect

their computers, many firewall and anti-virus software packages do not

protect computers from one of the latest threats, "spyware", a form of

software that collects personal and confidential information about a person

or organization without their knowledge or consent, and reports it to a third

party.

This informational supplement describes the various challenges and best practices related to spyware. Financial institutions should consider these recommendations to prevent and detect spyware on bank-owned and customer computers. To view the information supplement, go to http://www.fdic.gov/news/news/financial/2005/fil6605a.html and http://www.fdic.gov/news/news/financial/2005/fil6605.pdf.
FDIC GUIDANCE ISSUED ON
The FDIC issued guidance to help banks guard against "pharming" fraud where bank customers are redirected to false Web sites to capture personal information. While pharming is similar to phishing, they represent different approaches in how victims are lured to bogus Web sites. Pharming may be used on an Internet banking customer who routinely logs in to his online banking Web site and is redirected to an illegitimate Web site. Pharming may occur in these four ways: Static domain name spoofing where the criminal attempts to take advantage of slight misspellings in domain names to trick users into visiting the pharmer's Web site; malicious virus software that secretly captures data on consumers' personal computers to redirect the users; domain hijacking where the hacker steals the legitimate Web site; and DNA poisoning where Internet Domain Name Servers are corrupted and direct users to a Web site other than the one requested. To help prevent pharming attacks, the FDIC called on banks to use digital certificates, diligently manage their domain names, monitor for DNS poisoning, and educate bank consumers. To read more, go to http://www.fdic.gov/news/news/financial/2005/fil6405a.html.
PHARMING: What to Look For? What Can Be Done?
A number of techniques are used to accomplish pharming, including viruses that change settings on the end user's computers and Domain Name System (DNS) poisoning. The DNS translates Web or e-mail addresses into numerical strings making it possible for end users to type in "XYZbank.com" rather than a string of numbers. If a DNS directory is altered to contain false information regarding which Web address is associated with a numeric string, users can be sent to an illegitimate Web site even if the correct address is typed. It's difficult for even the most computer-savvy user to detect it's a fake site. The article was written by Michelle Delio, "Pharmers" Plant A New Crop of Online Fraud," as found in "Financial IT Security", June 2005, p. 22. To view the article go to www.ganet.org/dbf/pdfdoc/Pharmingarticle.pdf .
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FDIC Warns Banks on
Risks of Voice Over Internet Protocol
The Federal Deposit Insurance Corp. cautions banks about the security risks associated with voice over internet protocol (VoIP). VoIP refers to the transmission of voice communications over the Internet rather than through the public switched telephone network (PSTN). VoIP can be an attractive alternative to traditional telephone networks because of the potential cost savings, but there are increased security risks. These risks include exposure to viruses, worms, Trojan Horses, and man-in-the-middle attacks. Before investing in VoIP technology, banks should weigh the benefits against the disadvantages of big implementation costs and greater data security risks. If improperly implemented, VoIP can pose significant operational risks to financial institutions. Management should perform a comprehensive risk assessment before implementation to ensure the confidentiality, integrity, and availability of voice communications using VoIP technology. The FDIC's guidance set out best practices for banks that are contemplating using VoIP technology. Some of the practices include assessing the level of concern about security and privacy; reviewing legal requirements for privacy and record retention with competent legal advisors; using VoIP-ready firewalls and other appropriate protection mechanisms; and using proper physical controls.
The risks associated with VoIP should be evaluated as part of a financial institution's periodic risk assessment and discussed in status reports submitted to the board of directors as mandated by section 501(b) of the Gramm-Leach-Bliley Act. Any identified weaknesses should be corrected during the normal course of business.
To read more, go to http://www.fdic.gov/news/news/financial/2005/fil6905.html.
HISPANIC CARD SCAM
The Federal Trade Commission stopped a deceptive marketing program for advance-fee credit cards as a part of its targeted enforcement to protect Hispanic consumers. The FTC reached a $20,000 settlement with Rafael Abreu, Liens Abreu, and Abreu Advertising Inc. concerning advertisements on national, Spanish-language television networks that misrepresented their credit cards as major credit cards with a guaranteed minimum credit line of $2,000. Consumers received cards that could only purchase merchandise from the company's catalogues or web sites. The FTC also announced a new partnership with Arizona State University, West Campus, to provide copies of "Getting Credit" to all incoming students in both English and Spanish. The publication explains how to build and maintain good credit. Since the Hispanic Outreach Initiative began in April 2004, the FTC has brought 29 cases involving Spanish-language frauds. Read more at http://www.ftc.gov/opa/2005/07/phoenix.htm.
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Online Identity Thieves Increasingly Hit ATMs for Payout
Online identity thieves are exploiting lax cash-machine security to bilk banks out of as much as a million dollars a month each, a report from research firm Gartner Inc. shows.
According to the report, fraudsters are increasingly gathering consumer automated-teller-machine information with "phishing" scams and hacker programs for capturing keystrokes, which they're using to make fake cards and empty consumer bank accounts.
Thieves are getting a windfall from ATMs because as many as half of banks don't check special, difficult-to-steal security codes that are hidden on ATM cards' magnetic stripes before dispensing cash, Gartner says. Attackers even trade information online about which banks don't check the codes, or are "cashable" in fraudster lingo.
"They're phishing for the account number and pin. That's all they need to create a counterfeit card," says Gartner analyst Avivah Litan. In phishing scams, fraudsters use deceptive email and Web sites to trick people into divulging sensitive financial information. "The best way to fight phishing is to turn off the ATM outlet," she says.
Thieves also see in ATMs - and to a lesser degree debit cash-back transactions - easy opportunities to get hold of significant amounts of cash. Credit-card fraud typically involves a more complicated process of buying and fencing goods, while pulling off a bank transfer may involve setting up other accounts under stolen or fictitious names.
With motive and opportunity aligned, ATM fraud is emerging as a major new problem for banks. Losses there are approaching those from credit-card fraud, a Gartner survey of 5,000 consumers suggests. The firm estimates ATM fraud resulted in $2.75 billion in losses in the year ended May 2005, compared with $2.9 billion for credit-card fraud, and $3.5 billion for fraudulent checking-account transfers.
Banks absorb most of these losses. Consumers said they recovered 90% of funds stolen through ATMs, 80% of funds taken from checking accounts, and 95% of fraudulent credit-card charges.
According to Litan, many banks know that phishing attacks are leading to ATM fraud. But because this type of fraud is new to them, they often don't know how the fraud is happening. Many are unaware that they, or their outsourced processor service, should be checking the codes in the magnetic stripe.
The good news is changing their systems is, in many cases, a fairly simple matter. And banks that have done so have seen ATM fraud dry up as "the crooks moved to the next bank," Litan
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says. She predicts three quarters of financial institutions will check the codes by the end of 2006. But increased use of the codes - known as "pin offsets" and card-verification value, or CVV, codes - will mean some inconvenience and new problems. Since pin offset codes are written onto cards, customers looking to change their pin numbers will have to enter a branch to update their cards, rather than simply being able to make the change by phone. Meanwhile, CVV codes can be somewhat easily broken by thieves because they're only three digits long. Gartner recommends that banks create their own more secure codes using six or seven digits and also make sure to check card expiration dates. The firm also recommends banks use emerging technologies for identifying suspect transactions offered by companies like Actimize Ltd. and Cyota Inc.
Also, go to Magnetic-Stripe Data Underused, ATM Report Finds by Daniel Wolfe,
American Banker, Tuesday, August 2, 2005. To read this article: http://www.americanbanker.com/article.html?id=20050801YZJ8AZCA&from=technology.
Also, ATMs May be an easy Target for Thieves by Bob Sullivan, Technology Correspondent,
MSNBC, Tuesday, August 2, 2005. Go to http://www.msnbc.msn.com/id/8743446/.
NEW CALL REPORTING PROCESS, NEED HELP?
Any banks that are experiencing difficulties enrolling for the new call report filing system may go to the FIND website for a step-by-step user guide. The web address is http://www.ffiec.gov/find/enroll.htm. The CDR help desk has also been assisting banks with questions about enrollment and may be reached at 1-888-CDR-3111 (phone), 1-301-495-7864 (fax), https://cdr.ffiec.gov/cdr/, and CDR.Help@FFIEC.gov.
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Bank Secrecy Act/Anti-Money Laundering (BSA/AML) Guidance for all Banks and Credit Unions
The Federal Financial Institutions Examination Council (FFIEC) released an updated BSA/AML Examination Manual on June 30. The Council consists of all four federal banking/thrift regulators as well as the National Credit Union Administration (NCUA). These regulators were assisted in developing the manual by the Conference of State Bank Supervisors (CSBS), the Financial Crimes Enforcement Network (FinCEN) and The Office of Foreign Assets Control (OFAC).
Through the FFIEC's Web site, banks and credit unions will now have access to this comprehensive manual as well as other BSA/AML guidance from the five federal regulators, FinCEN, and OFAC. The Web address is http://www.ffiec.gov/bsa_aml_infobase/default.htm or go to www.ffiec.gov and select the Quick Link to FFIEC BSA/AML Examination InfoBase. Bank and credit union BSA officers are strongly advised to be aware of and review this information as it applies to their respective bank and credit union.
For outreach events, bankers can refer to FDIC-PR-63-2005, which can be accessed on the Internet at: http://www.fdic.gov/news/news/press/2005/pr6305.html
NEW SPANISH RESOURCE
The Mortgage Bankers Association (MBA) launched a new consumer web site for Spanish speaking consumers to help them understand all aspects of the home buying process and homeownership. Topics on Centrohipotecas.com include the basics of home buying, the importance of credit records, finding the right home, finding a mortgage lender, and identifying which type of loan best fits consumers' financial situation. The association noted that a study conducted last year by the Toms Rivera Policy Institute at the University of Southern California indicated that Latinos often lack sufficient information about buying a home. The study found that while only 10 to 13 percent of Hispanics were actively engaged in buying a house, approximately 44 percent were planning to buy a home within the next five years. "It appears as if some of the discomfort with the home buying process is the result of inexperience," the report concluded. MBA said its Web site is designed to make Latinos more knowledgeable and confident consumers. Read more
http://www.mortgagebankers.org/news/index.cfm?STRING=http://www.mortgagebankers.org/news/2005/pr0725.html.
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The Community Bankers Association of Georgia (CBA) has recently learned about a check fraud scheme that has resulted in significant losses for at least two community banks in Georgia. Most of the checks were cashed at the banks but some of the checks were also cashed by third parties and sent for collection to the bank. It is CBA's understanding that losses have exceeded $30,000 and $60,000. Any community banks having bank customers who employ large numbers of migrant workers, who are paid by check on a routine basis, are urged to take steps to assure that such a fraud is not perpetrated at their bank. To read more, go to http://www2.dbf.georgia.gov/00/article/0,2086,582594_6170_41186401,00.html.
Destiny Capital Mortgage, Inc. is NOT a Georgia licensed mortgage broker or lender, nor is Destiny authorized to do banking activities in the State of Georgia.
The Texas Department of Banking has issued a Cease and Desist Order against Destiny Capital Mortgage Inc. dba Destiny Capital Mortgage Bank, Irving, Texas, (Destiny) for unauthorized banking activity. Partners of Destiny also named in the Order are Baron Hopgood; Clint Junell; Misty A. Scott; and Jeff Jenkins. A review of Destiny's website indicates they have branch locations in eighteen states including Georgia.
The Texas Department of Banking is reviewing the books and records of Destiny and cannot confirm that the company is currently conducting any activities in the other seventeen states. This information is being communicated for your benefit. The website address for Destiny is http://dcmbank.com/home.htm ; however, The Texas Department expects Destiny to immediately pull down their website to eliminate all references to "banking" and soliciting of deposits.
In conjunction, the Texas Savings and Loan Department issued a Cease and Desist Order because the respondents are not Texas licensed mortgage brokers or loan officers. The Savings and Loan Commissioner has found that the respondents violated the Mortgage Broker License Act by engaging in, advertising, or holding themselves out as engaging in or conducting the business of a mortgage broker for the origination of residential loans at a time when the respondents are not licensed or otherwise exempt.
Questions to the Texas Department of Banking about Destiny can be directed to Robert (Bob) Bacon, Director of Bank & Trust Supervision at 512-475-1302 or bbacon@banking.state.tx.us or Bob Giddings with their legal staff at 512-475-1305 or bgiddings@banking.state.tx.us .
Questions to the Texas Savings and Loan Department about Destiny can be directed to John Fleming, General Counsel, at 512--463-9971.
Texas Commissioner, Randall James is asking anyone who has conducted any financial transactions with Destiny that they believe to be of a deposit contractual relationship to contact the Department of Banking through its consumer assistance number at 1-877-276-5554, or email at consumer.complaints@banking.state.tx.us .
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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 July 2005.

APPLICATIONS FOR NEW FINANCIAL INSTITUTION

FINANCIAL INSTITUTION Flint Community Bank Corner of Meredyth & Pointe North Albany, GA 31707 Dougherty County

CAPITALIZATION APPROVAL DATE

$ 9,500,000

Pending

BEGIN BUSINESS DATE

Sentry State Bank 245 Perimeter Center Parkway, Suite 600 Atlanta, GA 30346 DeKalb County

$ 35,000,000

Pending

Southern Bank & Trust 160 Louise Street Clarkesville, GA 30523 Habersham County

$ 9,500,000

Pending

Eastside Commercial Bank 895 Iris Drive Conyers, GA 30094 Rockdale County

$ 12,000,000

Pending

Jefferson State Bank 108 Canton Road Cumming, GA 30040 Forsyth County

$ 11,000,000

Pending

Metro City Bank 5441 Buford Highway Doraville, GA 30340 DeKalb County

$ 12,000,000

Pending

Century Security Bank 5955 State Bridge Road Duluth, GA 30097 Fulton County

$ 11,000,000

Pending

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Signature Bank of Georgia 1449 Dunwoody Village Parkway Dunwoody, GA 30338 DeKalb County

$ 12,000,000

07-18-2005

PREVIOUS NAME The Buckhead Community Bank, NA

FINANCIAL INSTITUTION CONVERSIONS

CONVERTED TO

APPROVAL DATE

The Buckhead Community Bank

05-17-2005

Atlanta

Fulton County

EFFECTIVE DATE 07-01-2005

FINANCIAL INSTITUTION Wheeler County State Bank Alamo
SunTrust Bank Atlanta
SunTrust Bank Atlanta
SunTrust Bank Atlanta
SunTrust Bank Atlanta
SunTrust Bank Atlanta

APPLICATIONS TO ESTABLISH A BRANCH OFFICE

BRANCH OFFICE

APPROVAL DATE

Dublin Branch Office/Atlantic South Bank

09-09-2003

1409 Bellevue Avenue

Dublin, GA 31021

Laurens County

BEGIN BUSINESS DATE
07-15-2005

Gateway North Branch Office 1605 Lakewood Ranch Boulevard Bradenton, FL 34211 Manatee County

07-29-2005

East Brandon Wal-Mart Branch Office 1208 E. Brandon Boulevard Brandon, FL 33511 Hillsborough County

07-07-2005

07-13-2005

Barclay Branch Office 3236 Barclay Avenue Brooksville, FL 33601 Hernando County

07-07-2005

Fort Walton Wal-Mart Branch Office 748 Beal Parkway, NW Fort Walton Beach, FL 32547 Okaloosa County

Pending

Gulf to Lakes Wal-Mart Branch Office 2461 Gulf to Lakes Highway Inverness, FL 34450 Citrus County

Pending

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SunTrust Bank Atlanta
SunTrust Bank Atlanta
SunTrust Bank Atlanta
SunTrust Bank Atlanta
SunTrust Bank Atlanta
SunTrust Bank Atlanta
SunTrust Bank Atlanta
SunTrust Bank Atlanta
SunTrust Bank Atlanta

Marianna Wal-Mart Branch Office 2255 Highway 71 Marianna, FL 32448 Jackson County
Miami Springs Branch Office 101 Curtis Parkway Miami Springs, FL 33166 Miami-Dade County
The Strand at Naples Wal-Mart Branch Office 5420 Cormorant Avenue Naples, FL 34109 Collier County
Horizons West Branch Office 13568 Summerport Village Parkway Orlando, FL 32800 Orange County
Palm Bay Wal-Mart Branch Office 1040 Malabar Road, SE Palm Bay, FL 32907 Brevard County
Hammock Dunes Branch Office 5399 Ocean Shore Boulevard Palm Coast, FL 32127 Flagler County
Creighton Road Wal-Mart Branch Office 2650 Creighton Road Pensacola, FL 32504 Escambia County
Redman Parkway Wal-Mart Branch Office 2602 Jim L. Redman Parkway Plant City, FL 33566 Hillsborough County
Port Richey Wal-Mart Branch Office 8701 U.S. Highway 19 Port Richey, FL 34668 Pasco County

Pending

07-29-2005

07-25-2005

07-29-2005

07-25-2005

07-25-2005

Pending

07-07-2005

07-22-2005

07-07-2005

07-22-2005

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SunTrust Bank Atlanta
First Madison Bank & Trust Colbert
Freedom Bank of Georgia Commerce
Decatur First Bank Decatur
First Intercontinental Bank Doraville
Signature Bank of Georgia (IO) Dunwoody
1st Georgia Banking Company Franklin
1st Georgia Banking Company Franklin
1st Georgia Banking Company Franklin

Citrus Wal-Mart Branch Office 6192 Gunn Highway Tampa, FL 33625 Hillsborough County
Athens Branch Office 780 US Highway 29 North Athens, GA 30601 Clarke
Homer Branch Office 185 Oak Street Homer, GA 30547 Banks County
Wal-Mart Store #1363 Branch Office 1681 Eatonton Road Madison, GA 30650 Morgan County
Sugarloaf Branch Office 1291 Old Peachtree Road Duluth, GA 30097-5136 Gwinnett County
Sandy Springs Branch Office 227 Sandy Springs Place Atlanta, GA 30328 Fulton County
Columbus Branch Office 7320 Veterans Parkway Columbus, GA 31904 Muscogee County
Homer Highway Branch Office 1989 Historic Homer Highway Commerce, GA 30529 Jackson County
Dalton Branch Office 1394 Dug Gap Road Dalton, GA 30720 Whitfield County

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07-07-2005

07-13-2005

Pending

07-28-2005

03-08-2005

07-20-2005

01-18-2005

06-02-2005

07-18-2005

Pending

Pending

Pending

1st Georgia Banking Company Franklin

Jefferson Branch Office Northeast corner of US Highway 129 & Old Swimming Pool Road Jefferson, GA 30549 Jackson County

Frontier Bank LaGrange

Pelham Branch Office T-intersection between Highway 31 and Crosscreek Trail Pelham, AL Shelby County

Farmers and Merchants Bank Lakeland

South Patterson Branch Office 1201 South Patterson Valdosta, GA 31601 Lowndes County

Rivoli Bank & Trust Macon

Griffin Branch Office 222 West Poplar Street Griffin, GA 30233 Spalding County

American Trust Bank Roswell

Cumming Branch Office 601 Tri-County Plaza Cumming, GA 30040 Forsyth County

Citizens Security Bank Tifton

Douglas Branch Office 901 Bowens Mill Road, SW Douglas, GA 31533 Coffee County

Community Bank of West Georgia Villa Rica

Kennesaw Branch Office 1200 Ernest Barrett Parkway Kennesaw, GA 30144 Cobb County

Pending

07-11-2005

Pending

03-29-2005

07-11-2005

Pending

07-19-2005

04-22-2005

07-06-2005

FINANCIAL INSTITUTION Hamilton State Bank Braselton

APPLICATIONS TO CHANGE LOCATION

CHANGE LOCATION OF

APPROVAL DATE

Hall County Branch Office

07-12-2005

From: 441-A E.E. Butler Parkway

Gainesville GA 30501

Hall County

EFFECTIVE DATE

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Georgian Bank Powder Springs
Oconee State Bank Watkinsville
United Bank Zebulon

To: Hall County Branch Office 854 Washington Street Gainesville GA 30501 Hall County
Corporate Lakes Office Parkway Branch Office From: 1255 Lakes Parkway
Lawrenceville GA 30043 Gwinnett County To: Gwinnett Branch Office 2055 North Brown Road Lawrenceville GA 30043 Gwinnett County
Butler's Crossing Branch From: 8821 Macon Hwy.
Athens GA Oconee County To: 2000 Experiment Station Watkinsville GA 30677 Oconee County
Madison Branch Office From: 1690 Eatonton Highway
Madison GA 30650 Morgan County To: 256 North Main Street Madison GA 30650 Morgan County

04-06-2005 Pending
02-24-2005

05-09-2005 07-05-2005

PREVIOUS NAME Community Bank and Trust - Troup LaGrange
New Southern Bank Macon

NOTICE OF CHANGE IN NAME
NEW NAME Community Bank & Trust - West Georgia

APPROVAL DATE
07-15-2005

EFFECTIVE DATE
07-18-2005

Atlantic Southern Bank

07-08-2005 07-11-2005

Page 13 of 15

PROPOSED NAME First Covenant Bank

APPLICATIONS FOR RESERVATION OF A NAME

COUNTY

APPLICANT

Cherokee County

Mr. William J. Ching

Nelson Mullins Riley & Scarborough,

999 Peachtree Street, Suite 1400

Atlanta, GA 30309-3964

FINANCIAL INSTITUTION (SURVIVOR) Habersham Bank Clarkesville, GA
The Southern Federal Credit Union Fayetteville, GA
The Citizens Bank Nashville, GA

FINANCIAL INSTITUTION MERGERS
MERGED INSTITUTION Liberty Bank & Trust Toccoa, GA
Tara Credit Union Fayetteville, GA
Adel Banking Company Adel, GA

APPROVAL DATE
07-22-2005

EFFECTIVE DATE
07-22-2005

02-16-2005 07-01-2005

07-22-2005

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 Atlanta Bancorporation, Inc. Alpharetta, GA

Bank of Atlanta (FSB) Alpharetta, GA

Pending

Hometown Community Bancshares, Inc. Braselton, GA

Hometown Community Bank (IO) Braselton, GA

07-11-2005

Mountain Valley Bancshares, Inc. Cleveland, GA

Mountain Valley Community Bank Cleveland, GA

07-15-2005

Sapelo Bancshares, Inc. Darien, GA

Sapelo National Bank Darien, GA

07-11-2005

ACQUISITIONS CompuCredit Corporation Atlanta, GA

Sentry State Bank (IO) Atlanta, GA

Pending

Page 14 of 15

APPLICATIONS FOR NEW SALE OF CHECK CHECK SELLER Intermex Wire Transfers, Inc. (Conversion) Miami, FL

APPROVAL DATE 07-27-2005

CITY Winder Atlanta Conyers Decatur Atlanta Snellville Albany Bethlehem Augusta Augusta Warrenton Douglas Martinez Cumming Marietta Mableton Winder Atlanta Pearson Alpharetta Norcross Smyrna

CHECK CASHER LICENSES ISSUED

APPLICANT NAME

TRADE NAME

A&S Check Cashing, LLC

A&S Check Cashing

AAAIR, Inc.

BP Food Mart

Alpha Payment Solutions, Inc.

Alpha Payment Solutions

* Amal USA, Inc.

Amal USA

CheckMax of Georgia, Inc.

CheckMax of Georgia

Choi, Jae-Wang

E-Z Check Cash

Clark-Dodge Enterprises, Inc.

Lighthouse Liquors

Diamond Gas and Food Mart, LLC

BP Gas Station

* Gaeryong, Inc.

Get It To Go

* Gleason, Kyong C.

Yeung Grocery

* Guru Jalaram Bapa Mata Hrshiddhy Bhavani, Inc. Seven Star Discount Petro

Harrell, Cleon F.

S&H Check Cashing

Jessica Lee, Inc.

Harvard Wine & Beverage Store

Kash Group, Inc.

Shell Food Mart

Pronto Cash of Georgia, Inc.

Pronto Cash

R&S United, Inc.

Prime Communications

* Shashikant, Inc.

G & S Shop

Shop Services, Inc.

BP Food Mart

Suhane, Inc.

Pearson Stop & Shop

Sunshine Express Services, Inc.

Sunshine Express Services

Super Check Cashing, Inc.

Super Check Cashing

Young Kim Enterprises, Inc.

Oasis Package Store

* = Registered Exempt (O.C.G.A. 7-1-709)

MONEY TRANSMITTER iKobo, Inc. Marietta, GA

MONEY TRANSMITTER LICENSES ISSUED

APPROVAL DATE 07-18-2005

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