Table Template for Bulletin - 1
ACTION ON APPLICATIONS FOR THE MONTH
The following is a summary of official action taken by the Department on certain applications by Georgia state- chartered financial institutions, petitions for certificate of incorporation of financial institutions, and other matters of recent interest:
Applications For New Financial Institutions---
| Financial Institution | Approval Date | Effective Date | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Better Payments MALPB Atlanta, Georgia | Pending |
Applications To Establish a Branch Office
| Financial Institution | Branch Office | Approval Date | Effective Date |
|---|---|---|---|
| Southern Bank Sardis, Georgia | 1312 Professional Drive Myrtle Beach, South Carolina 29577 | 05/14/2025 | 09/08/2025 |
| First Southern Bank Waycross, Georgia | 221 Ware Street Blackshear, Georgia 31516 | 07/01/2024 | 09/16/2025 |
| Delta Community Credit Union Atlanta, Georgia | 1486 Old Salem Road SE Conyers, Georgia 30013 | 11/21/2024 | 09/16/2025 |
| First Peoples Bank Pine Mountain, Georgia | 115 Westridge Industrial Blvd Suite 101 McDonough, Georgia 30253 | 09/08/2025 | |
| F&M Bank Washington, Georgia | 5530 Hereford Farm Road Evans, Georgia 30809 | 09/09/2025 | |
| Synovus Bank Columbus, Georgia | 2459 N Main Street Summerville, SC 29486 | 09/10/2025 | |
| Bank of Dudley Dudley, Georgia | 3992 Highway 42 Locust Grove, Georgia 30248 | 09/12/2025 | |
| Carver State Bank Savannah, Georgia | 5300 United Drive SE Smyrna, Georgia 30082 | 09/15/2025 |
Applications To Change Main Office Location
| Financial Institution | Change Location Of | Approval Date | Effective Date |
|---|---|---|---|
| The Claxton Bank Claxton, Georgia | From: To: | 09/26/2025 |
Applications For Financial Institution Mergers
| Survivor | Merged Institution | Approval Date | Effective Date |
|---|---|---|---|
| Associated Credit Union Norcross, Georgia | Coca-Cola Federal Credit Union Atlanta, Georgia | 09/03/2025 | |
| American Bancorp, Inc. Macon, Georgia | New Republic Partners, Inc. Charlotte, North Carolina | Pending |
Applications To Reserve A Name
| Proposed Name | County | Applicant | Approval Date | |
|---|---|---|---|---|
| First City Bank of Georgia | Fulton | Byron Richardson, President, Bank Resources, Inc. 2451 Cumberland Parkway Suite 3618 Atlanta, Georgia 30339 | 09/05/2025 | |
| Cresto Bank | Gwinnett | Byron Richardson, President, Bank Resources, Inc. 2451 Cumberland Parkway Suite 3618 Atlanta, Georgia 30339 | 09/23/2025 | |
| First City Bank | Fulton | Byron Richardson, President, Bank Resources, Inc. 2451 Cumberland Parkway Suite 3618 Atlanta, Georgia 30339 | 09/24/2025 |