Financial institutions today, 2018 July

Inside this issue:
2018 National Survey 2

Action on Applications 2 for the Month

DBF Outreach

4

News and topics of interest to financial institutions regulated by the Department of Banking and Finance
July 2018
Supervision Division Personnel Changes
Victoria Williams has been promoted to the position of Supervisory Manager, effective August 1, 2018. Victoria is a Senior Financial Examiner and is a Certified Fraud Examiner. In 2008, she began her career with the Department in District 2 (Loganville). During her ten years of experience with the Department, she spent five years with the SunTrust Bank examination team, including serving in the role of Team Lead.
Victoria earned a Master of Science, Accounting, from Liberty University (Lynchburg, Virginia); holds a Bachelor of Business Administration, Accounting, from Clayton State University (Morrow, Georgia); and has an Associate of Arts, General Studies, from American Military University (Charles Town, West Virginia).
Congratulations to Justin McElheney on his promotion to Director for NonDepository Financial Institutions. He has 13 years of service in the Supervision division of the Department and served as a Supervisory Manager since 2016. Justin is a graduate of the University of Georgia with a BBA in Organization Management. Best of luck in your new role, Justin!
Please note the following Supervisory Manager Portfolio assignments, effective August 15, 2018:
Brittany Bohannon, Supervisory Manager (Trust Specialist; Accounting Specialist): Applications; Banks and Holding Companies (Districts 1 and 5); Credit Unions (District 5); Merchant Acquirer Limited Purpose Banks bbohannon@dbf.state.ga.us 770-986-5049
Mathew Robinson, Supervisory Manager (Central Point of Contact for National Credit Union Administration/Credit Union Specialist; Certified At-Risk Adult Crime Tactics Specialist; Large Institutions Specialist): Banks and Holding Companies (District 4); Credit Unions (Districts 2 and 4) mrobinson@dbf.state.ga.us 770-986-1627
Victoria Williams, Supervisory Manager (Large Institutions Specialist; Accounting Specialist; Certified Fraud Examiner): Banks and Holding Companies (District 2, SunTrust Bank, Synovus Bank, United Community Bank, Ameris Bank, Reliance Trust Company); Credit Unions (District 1) vwilliams@dbf.state.ga.us 770-986-1643
Murali Ramachandran, Supervisory Manager (Capital Markets Specialist): Applications; Business Analyst mramachandran@dbf.state.ga.us 770-986-1645

Senior Deputy Commissioner Steve Pleger Elected NASCUS Secretary/Treasurer
On July 18, 2018, the National Association of State Credit Union Supervisors (NASCUS) announced the election of Senior Deputy Commissioner Steve Pleger as NASCUS Secretary/Treasurer. Members of the NASCUS Regulator Board are elected by regulator members of NASCUS, made up of all state credit union regulatory agencies across the nation. NASCUS was established in 1965 by state credit union regulators to promote the safety and soundness of state-chartered credit unions.

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2018 National Survey of Community Banks

July 2018

The Department wishes to extend our appreciation to all our bankers who participated in the 2018 National Survey to make sure the voice of Georgia community banks is heard. We are very pleased to note that this year Georgia bankers participated in the survey at the highest rate ever. Thank you!

Action on Applications for the Month

The following is a summary of official action taken by the Department on applications by Georgia state-chartered financial institutions under Title 7, Chapter 1 of the O.C.G.A. and petitions for certificate of incorporation of financial institutions and other matters of interest during the month of July 2018:
APPLICATIONS FOR DISSOLUTION

FINANCIAL INSTITUTION Georgia Heritage Bank Dallas, GA 30132
State Bank of Georgia Fayetteville, GA 30214-1012
Southern Bank Sardis, GA 30456-0100

APPROVAL DATE Pending

EFFECTIVE DATE

05-22-2018 Pending

07-31-2018

APPLICATIONS TO ESTABLISH A BRANCH OFFICE

FINANCIAL INSTITUTION
First American Bank and Trust Company Athens

BRANCH OFFICE
Lawrenceville 235 Crogan Street Lawrenceville, GA 30046 Gwinnett County

APPROVAL BEGIN BUSINESS

DATE

DATE

07-11-2018

Fidelity Bank Atlanta

Sugar Hill 255 Peachtree Industrial Boulevard Sugar Hill, GA 30518 Gwinnett County

03-26-2018

07-12-2018

SunTrust Bank Atlanta

Covington Kroger 3139 Highway 278 NE Covington, GA 30014 Newton County

04-30-2018 07-23-2018

Synovus Bank Columbus
The Heritage Bank Hinesville
Vinings Bank Smyrna

Bowman Road 5429 Bowman Road Suite 110 Macon, GA 31210 Bibb County
Jacksonville 10328 Deerwood Park Boulevard Jacksonville, FL 32256 Duval County
Alpharetta 5960 North Point Parkway Alpharetta, GA 30022 Fulton County

07-25-2018 03-22-2018 12-13-2017

07-09-2018 07-17-2018

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Oconee State Bank Watkinsville

Gwinnett Financial Center 1755 North Brown Road Huntcrest I, Suite 125 Lawrenceville, GA 30043 Gwinnett County

07-11-2018

July 2018

APPLICATIONS TO CHANGE LOCATION FINANCIAL INSTITUTION CHANGE BRANCH OFFICE LOCATION APPROVAL DATE EFFECTIVE DATE

Delta Community Credit Union

Atlanta

From:

To:

Snellville 1670 Scenic Highway Snellville, GA 30078 Gwinnett County
1708 Highway 124 Suite H Snellville, GA 30078 Gwinnett County

SunTrust Bank Atlanta
SunTrust Bank Atlanta

From: To:

Semmes Avenue 1518 Hull Street Richmond, VA 23224 Henrico County
1200 Semmes Avenue Richmond, VA 23224 Henrico County

From: To:

Hollywood 2001 Hollywood Boulevard Hollywood, FL 33020 Broward County
1800 S Young Circle Hollywood, FL 33020 Broward County

12-19-2017

07-09-2018

03-05-2018

07-13-2018

11-28-2017

07-27-2018

SURVIVOR
Georgia's Own Credit Union Atlanta, GA
Cadence Bank, N.A. Birmingham, AL
Bank of Early Blakely, GA
CoastalStates Bank Hilton Head Island, SC
LGE Community Credit Union Marietta, GA
FNB Bank Scottsboro, AL
CORE Credit Union Statesboro, GA

FINANCIAL INSTITUTION MERGERS
MERGED INSTITUTION State Bank of Georgia Fayetteville, GA
State Bank and Trust Company Macon, GA One South Bank Chipley, FL Foothills Community Bank Dawsonville, GA
Georgia Heritage Bank Dallas, GA
Capital Bank Fort Oglethorpe, GA Savannah Federal Credit Union Savannah, GA

APPROVAL EFFECTIVE

DATE

DATE

05-22-2018 07-31-2018

Pending Pending 06-26-2018 07-17-2018

Pending

Pending 07-12-2018

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North Georgia Credit Union Toccoa, GA Renasant Bank Tupelo, MS

Rabun-Tallulah Federal Credit Union Tiger, GA
The Brand Banking Company Lawrenceville, GA

Pending 07-24-2018

July 2018

DBF Outreach and Upcoming Speaking Engagements
CBA's Banker Regulatory Forum Deputy Commissioner for Supervision Melissa Sneed spoke at the Community Bankers Association of Georgia's Banker Regulatory Forum: 3rd Quarter on August 2, at Idle Hour Country Club, Macon, Georgia.
CBA's 2018 CFO/Financial Officers Conference Commissioner Kevin Hagler spoke at the Community Bankers Association of Georgia's 2018 CFO/Financial Officers Conference on August 13, at DoubleTree SuitesGalleria, Atlanta, Georgia.
GBA Compliance Conference Deputy Commissioner for Supervision Melissa Sneed will be speaking at the Georgia Bankers Association's Compliance Conference on September 12, at Crowne Plaza Atlanta SWPeachtree City, Peachtree City, Georgia.

The Department is the state agency that regulates and examines Georgia state-chartered banks, state-chartered credit unions, state-chartered trust companies, and bank holding companies that own Georgia state-chartered financial institutions. 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, and international banking organizations.
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 economic growth and prosperity in Georgia.
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Department of Banking and Finance 2990 Brandywine Road, Suite 200 Atlanta, Georgia 30341-5565 Phone: (770) 986-1633 Fax: (770) 986-1654 or 1655