Financial institutions today, Oct. 2015

Financial Institutions Today

News and topics of interest to financial institutions regulated by the Department of Banking and Finance
October 2015

Adoption of Final Department Rules

In this Issue
Adoption of Final Department Rules
Supervision Division Personnel Changes
2016 State Holidays
Applications and Notices for October 2015

On October 27, 2015, the Department adopted Final Rules and filed the Rules with the Secretary of State's Office. Pursuant to O.C.G.A. 50-13-6, the Rules will be effective on November 16, 2015, which is twenty days following the filing of the Rules with the Secretary of State.
Prior to adopting the Rules, the proposed Rules along with a synopsis were distributed on September 24, 2015. The Department received two (2) written comments regarding the proposed Rules. The Department believes that the Rules as adopted encourage safety and soundness, encourage safe and fair mortgage lending, and conform to the law.

To view or download the Final Rules, go to the Regulations page on the Department's website (http://dbf.georgia.gov/dbfregulations) and select the appropriate link for the Final Rules, or you may access them directly from http://dbf.georgia.gov/documents/2015-dbf-final-rulemaking-10-27-2015.

Supervision Division Personnel Changes
The Department's Supervision Division is working toward its strategic initiative of planning for an upcoming information technology conversion. We have dedicated significant resources to achieve our goals, which has required a restructuring of duties within the Main Office as well as adding the position of temporary Supervisory Manager.
Murali Ramachandran will continue in his role as Corporate Manager and also assume the duties of Business Analyst focusing on the information technology conversion. Supervisory Manager Mark Pressler will oversee all credit unions. Supervisory Manager Lori Binford will retain United Community Bank, District 2 banks and related holding companies, and add certain District 1 banks and related holding companies. Supervisory Manager Brittany Bohannon will retain Reliance Trust Company, District 5 banks and related holding companies, and add certain District 1 banks and related holding companies. Supervisory Manager Susan Andrews will retain SunTrust Bank, Synovus Bank, and the related holding companies of both institutions. Supervisory Examiner Mathew Robinson will serve as temporary Supervisory Manager from October 2015 to April 2016 and oversee District 4 banks and related holding companies.

2016 State Holidays
Please refer to Georgia Governor Nathan Deal's website - http://gov.georgia.gov/2016-state-calendar- for a list of the dates in 2016 proclaimed by the Governor as public and legal state holidays when the Capitol and all State agencies will be closed.

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Applications and Notices for October 2015

FINANCIAL INSTITUTION
Community & Southern Bank Atlanta

BRANCH OFFICES
BRANCH OFFICE
Bogart at University Plaza Branch Office 1252 Virgil Langford Road Bogart, GA 30622 Oconee County

APPROVAL BEGIN BUSINESS

DATE

DATE

06-26-2015

10-13-2015

Community & Southern Bank Atlanta

Carrollton Branch Office 100 Tom Reeve Drive Carrollton, GA 30117 Carroll County

06-26-2015

10-13-2015

Community & Southern Bank Atlanta

Veterans Parkway Office 7320 Veterans Parkway Columbus, GA 31909 Muscogee County

06-26-2015

10-13-2015

Community & Southern Bank Atlanta
Community & Southern Bank Atlanta

Cornelia Branch Office 920 Level Grove Road Cornelia, GA 30531 Habersham County
Dalton Branch Office 1378 Dug Gap Road Dalton, GA 30720 Whitfield County

06-26-2015

10-13-2015

06-26-2015

10-13-2015

Community & Southern Bank Atlanta

Franklin Branch Office 101 Main Street Franklin, GA 30217 Heard County

06-26-2015

10-13-2015

Community & Southern Bank Atlanta

Lake Oconee Branch Office 1011 Park Place Boulevard Greensboro, GA 30642 Greene County

06-26-2015

10-13-2015

Community & Southern Bank Atlanta
Community & Southern Bank Atlanta

Mandarin Branch Office 10970 San Jose Boulevard Jacksonville, FL 32223 Duval County
Jefferson Branch Office 1465 Old Swimming Pool Road Jefferson, GA 30549 Jackson County

06-26-2015

10-13-2015

06-26-2015

10-13-2015

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Community & Southern Bank Atlanta
Community & Southern Bank Atlanta
Community & Southern Bank Atlanta
Health Center Credit Union Augusta
PeoplesSouth Bank Colquitt
PeoplesSouth Bank Colquitt
PeoplesSouth Bank Colquitt
PeoplesSouth Bank Colquitt
PeoplesSouth Bank Colquitt
PeoplesSouth Bank Colquitt
Synovus Bank Columbus

Bass Road Branch Office 1701 Bass Road Macon, GA 31210 Bibb County
Forsyth at the Prado Branch Office 4077 Forsyth Road Macon, GA 31210 Bibb County
Walnut and Third Branch Office 501 Walnut Street Macon, GA 31201 Bibb County
Main Office 1424 Walton Way Augusta, GA 30901 Richmond County
Fourth Street Branch Office 58 Fourth Street Apalachicola, FL 32328 Franklin County
Central Avenue West Branch Office 20455 Central Avenue West Blountsville, FL 32424 Calhoun County
Highway 71 Branch Office 2260 Highway 71 Marianna, FL 32448 Jackson County
West 23rd Street Branch Office 400 West 23rd Street Panama City, FL 32405 Bay County
Cecil G Costin Sr Boulevard Branch Office 418 Cecil G Costin Sr Boulevard Port Saint Joe, FL 32456 Gulf County
Capital Circle Branch Office 2721 Capital Circle NE Tallahassee, FL 32308 Leon County
Ellis Building Branch Office 1605 Main Street Sarasota, FL 34236 Sarasota County
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06-26-2015 06-26-2015 06-26-2015
Pending 07-06-2015 07-06-2015 07-06-2015 07-06-2015 07-06-2015 07-06-2015 06-01-2015

10-13-2015 10-13-2015 10-13-2015
10-16-2015 10-16-2015 10-16-2015 10-16-2015 10-16-2015 10-16-2015 10-26-2015

Morris Bank Dublin
Hallco Community Credit Union Gainesville

Warner Robins Branch Office 464 S. Houston Lake Road Warner Robins, GA 31088 Houston County
Flowery Branch Branch Office 4865 Hog Mountain Road Flowery Branch, GA 30542 Hall County

The Brand Banking Company Lawrenceville
LGE Community Credit Union Marietta

Suwanee Branch Office 480 Peachtree Industrial Boulevard Suwanee, GA 30024 Gwinnett County
Parkside West Cobb Branch Office Corner of Dallas Highway & Casteel Road Marietta, GA 30064 Cobb County

06-17-2015

09-25-2015

Pending

10-30-2015 10-30-2015

FINANCIAL INSTITUTION
Georgia's Own Credit Union Atlanta

RELOCATION OF A BRANCH OFFICE

BRANCH OFFICE

APPROVAL DATE

Augusta Branch Office From: 3830 Washington Road
Martinez, GA 30907 Columbia County To: 1267 Augusta West Parkway Augusta, GA 30909 Richmond County

10-19-2015

BEGIN BUSINESS DATE

PREVIOUS NAME
Alma Exchange Bank & Trust Alma

CHANGE IN NAME
NEW NAME Pineland Bank

APPROVAL EFFECTIVE

DATE

DATE

Pending

FINANCIAL INSTITUTION (SURVIVOR)
DOCO Credit Union Albany, GA
Pentagon Federal Credit Union Alexandria, VA

FINANCIAL INSTITUTION MERGERS
MERGED INSTITUTION
Multiple Employee Group Federal Credit Union Thomasville, GA

APPROVAL EFFECTIVE

DATE

DATE

Pending

Fort Gordon and Community Credit Union Fort Gordon, GA

10-09-2015

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Alma Exchange Bank & Trust Alma, GA
Alma Exchange Bank & Trust Alma, GA
Alma Exchange Bank & Trust Alma, GA
Southern States Bank Anniston, AL
Atlantic Capital Bank, N. A. (f/k/a FSGBank, National Association) Chattanooga, TN
Members First Credit Union Decatur, GA
MidSouth Federal Credit Union Macon, GA
First Peoples Bank Pine Mountain, GA

Peoples State Bank & Trust Baxley, GA
Citizens State Bank Kingsland, GA
Pineland State Bank Metter, GA
Columbus Community Bank Columbus, GA
Atlantic Capital Bank Atlanta, GA
Chatham Federal Credit Union Savannah, GA
Consolidated Public Safety Credit Union Macon, GA
The Greenville Banking Company Greenville, GA

Pending Pending Pending 10-09-2015 10-22-2015 10-19-2015 10-31-2015 09-02-2015 10-01-2015 09-10-2015 10-31-2015 Pending

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Department of Banking and Finance 2990 Brandywine Road, Suite 200 Atlanta, Georgia 30341-5565 Visit our website at: dbf.georgia.gov
The Department is the state agency that regulates and examines Georgia state-chartered banks, state-chartered credit unions, and state-chartered trust companies. The Department also has responsibility for the supervision, regulation, and examination of Merchant Acquirer Limited Purpose Banks chartered in Georgia. In addition, the Department has regulatory and/or licensing authority over mortgage brokers, lenders and processors, mortgage loan originators, check cashers, sellers-issuers of payment instruments, money transmitters, 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 a willing and able partner with our regulated entities in order to support vibrant and economic growth and prosperity in Georgia.
DBF Outreach and Upcoming Speaking Engagements
BSA/OFAC Workshop - Deputy Commissioner for Non-Depository Financial Institutions Rod Carnes, Director for Supervision Pam Keane and Supervisory Examiner Justin McElheney will be participating in the BSA/OFAC Workshop on November 12, 2015. For more information about this event, visit http://training.gcua.org/on_site/GA111215_fct.html. Georgia Bankers Association 2015 Credit Conference Commissioner Kevin Hagler will be participating on a regulatory panel at the Credit Conference on December 11, 2015. For more information about this event, visit http://www.gabankers.com.
If you would like to be added to our distribution list, send an e-mail to dbfpress@dbf.state.ga.us stating your name and e-mail address. Please be sure to include "Subscribe to Financial Institutions Bulletin" in the Subject line.
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