Financial institutions today, Mar. 2014

Inside this issue:
Credit Unions: 2 Timely and
Accurate Call Report Filings
Outreach and 2 Upcoming Speaking
Engagements
Action on 3 Applications for
the Month of March
Contact 5 Information

News and topics of interest to financial institutions regulated by the Department of Banking and Finance

Monthly Bulletin #3

March 2014

Supervisory Manager Changes
The Department has made some internal, strategic changes regarding distribution of workloads for Supervisory Mangers with oversight of state-chartered institutions. Effective March 21, 2014, assignments for Supervisory Managers are as follows:
Pam Keane, Director of Supervision: Central Point of Contact for Credit Unions pkeane@dbf.state.ga.us 770-986-1636
Lori Binford, Supervisory Manager: Holding Companies, Banks and Credit Unions District 1; SunTrust Bank binford@dbf.state.ga.us 770-986-1627
Mark Pressler, Supervisory Manager: (Capital Markets Specialist); Holding Companies, Banks and Credit Unions - District 2; Delta Community Credit Union mpressler@dbf.state.ga.us 770-986-1643

Murali Ramachandran, Supervisory Manager: (Applications); Holding Companies, Banks and Credit Unions - District 4 murali@dbf.state.ga.us 770-986-1645
Brittany Bohannon, Supervisory Manager: (Trust Specialist); Holding Companies, Banks and Credit Unions - District 5; Synovus Bank; Reliance Trust Company bohannon@dbf.state.ga.us 770-986-5049

OFFICE CLOSING
This is a reminder that the Department will be closed on Monday, April 28th for Confederate Memorial Day.

"Safeguarding Georgia's Financial Services"

Page 2

March 2014

Credit Unions: Timely and Accurate Call Report Filings

NCUA Letter to Credit Unions No. 14-CU-03 notified all federally insured credit unions of the NCUA's intent to assess civil money penalties for late Call Report and Profile data submissions. Management at each credit union should carefully review the Letter and access resources provided to help meet the filing deadlines located on the NCUA's website at: http://www.ncua.gov/DataApps/CUOnline/Pages/default.aspx

The Call Report filing deadlines for 2014 are as follows:

Call Report Cycle 2013:Q4 2014:Q1 2014:Q2 2014:Q3

Submission Deadline January 24, 2014 April 25, 2014 July 25, 2014 October 24, 2014

It is important to note that not only do late submissions result in penalties, but penalties may also be assessed for filing inaccurate information.

DBF Outreach AND UPCOMING SPEAKING ENGAGEMENTS
Commissioner Kevin Hagler will be speaking at the Northwest Georgia Community Bank Symposium on April 23rd. This event is hosted by the Georgia Bankers Association along with Berry College. Read more or register for the event.

March 2014

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Action on Applications for the Month of March:
The following is a summary of official action taken on applications by State Financial Institutions under Chapter 7-1 of the Official Code of Georgia Annotated and petitions for Certificate of Incorporation of Financial Institutions and other matters of interest during the month of March 2014.

FINANCIAL INSTITUTION SunTrust Bank Atlanta
United Community Bank Blairsville
PeoplesSouth Bank Colquitt
PeoplesSouth Bank Colquitt
NOA Bank Duluth
Ameris Bank Moultrie

APPLICATIONS TO ESTABLISH A BRANCH OFFICE

BRANCH OFFICE Darnestown Branch Office 14112 Darnestown Road Germantown, MD 20874 Montgomery County

APPROVAL 08-09-2013

Augusta Street (SC) Branch Office 1400 Augusta Street Greenville, SC 29605 Greenville County

03-31-2014

Lynn Haven Branch Office 630 Ohio Avenue Lynn Haven, FL 32444 Bay County

Pending

Mexico Beach Branch Office 1202 Highway 98 Mexico Beach, FL 32456 Bay County

Pending

Johns Creek Branch Office 5805-A State Bridge Road Johns Creek, GA 30097 Fulton County

03-20-2014

Greenville University Branch Office 7800 N. Tigerville Road, Suite A Taylors, SC 29687 Greenville County

Pending

BEGIN BUSINESS 03-04-2014

FINANCIAL INSTITUTION SunTrust Bank Atlanta
SunTrust Bank Atlanta

APPLICATIONS TO CHANGE LOCATION

From: To:

CHANGE LOCATION OF Oak Ridge Kroger Branch Office 380 S Illinois Ave Oak Ridge, TN 37830 Anderson County 1550 Oak Ridge Turnpike Oak Ridge, TN 37830 Anderson County

APPROVAL Pending

From: To:

Palm Beach Branch Office 109 Royal Palm Way Palm Beach, FL 33480 Palm Beach County 440 Royal Palm Way Palm Beach, FL 33480 Palm Beach County

03-17-2014

EFFECTIVE

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FINANCIAL INSTITUTION MERGERS

FINANCIAL INSTITUTION
(SURVIVOR) Community & Southern Bank Atlanta, GA

MERGED INSTITUTION Verity Bank
Winder, GA

Community Bank & Trust - West Georgia LaGrange, GA

Community Bank & Trust- Alabama Union Springs, AL

March 2014
APPROVAL EFFECTIVE Pending Pending

March 2014
DEPARTMENT OF BANKING AND FINANCE
2990 Brandywine Road Suite 200
Atlanta, Georgia 30341-5565 Phone: (770) 986-1633
Fax: (770) 986-1654 or 1655 Email: dbfpress@dbf.state.ga.us

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The Department is the state agency that regulates and examines banks, credit unions, and trust companies chartered by the State of Georgia. The Department also has regulatory and/or licensing authority over mortgage brokers/processors, lenders and loan originators, money service businesses, international banking organizations, and bank holding companies conducting business in Georgia.
Our Mission is to promote safe, sound, competitive financial services in Georgia through innovative, responsive regulation and supervision.
Our Vision is to be the best financial services industry regulator in the country Progressive. Proactive. Service-Oriented.

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