Interpretations and Actions: September 2009
Vol. 22, No. 9
|2009-11||Application by Wachovia Bank, National Association, Charlotte, North Carolina to make a direct or indirect non-controlling investment in a Delaware limited liability company for the purpose of holding the stock of EmployBridge Holding Company (EHC) in satisfaction of debts previously contracted (Control Number 2009-ML-08-0008), 07/10/2009|
|2009-12||Application by Stearns Bank National Association, St. Cloud, Minnesota to purchase certain assets and assume certain liabilities of Community National Bank of Sarasota County, Venice, Florida (Control Number 2009 CE 02 030), 08/07/2009|
|2009-13||Application by Stearns Bank National Association, St. Cloud, Minnesota to purchase certain assets and assume certain liabilities of First State Bank, Sarasota, Florida (Failed Entity) (Control Number 2009 CE 02 029), 08/07/2009|
|2009-14||Application by Stearns Bank National Association, St. Cloud, Minnesota to purchase certain assets and assume certain liabilities of eBank, Atlanta, Georgia ("Failed Entity") (Control Number 2009 CE 02 031), 08/21/2009|
Approvals with Conditions Enforceable under 12 U.S.C. 1818
|918||Application to merge The Savannah Bank, National Association, Savannah, Georgia with and into Harbourside Community Bank, National Association, Hilton Head Island, South Carolina with the resulting title of "The Savannah Bank, National Association," and the home office in Savannah, Georgia (Control Number 2009-SO-02-0004), 08/05/2009|
|919||Application to convert Harbourside Community Bank, FSB, Hilton Head Island, South Carolina ("HCB") to a national bank with the resulting title of Harbourside Community Bank, N.A. (Control Number 2009 WE 01 0004), 08/05/2009|
|920||Application to merge RBC Bank (Georgia) Atlanta, Georgia, with and into, First Gulf Bank, N.A., Pensacola, Florida (Control Number 2008 SO 02 0027), 08/13/2009|
|921||Application to merge National Penn Investors Trust Company, Wyomissing, Pennsylvania with and into National Penn Wealth Management, National Association, Greenville, Delaware, an interim national bank (Control Number 2009 NE 02 0016), 08/20/2009|
|922||Application to establish a new national bank, NewBank, National Association Application Control Number: 2009-WO-01-0012 Dear for conversion to a national charter and other related applications by Fulton Bank, National Association, Lancaster, Pennsylvania (Control Number 2009 WO 01 0012), 08/28/2009|
Final Enforcement Actions
Enclosed is a copy of the OCC's news release number 2009-108, announcing the availability of enforcement actions. Copies of the final actions are available by writing to the OCC, Communications Division, Mail Stop 2-3, Washington, D.C. 20219. You may also submit your request electronically through the OCC's online FOIA site or fax your request to (202)-874-5274. When ordering, specify the appropriate enforcement action number.
Community Reinvestment Act (CRA) Performance Evaluations
Enclosed is a list of CRA performance evaluations that became public during the period of August 15, 2009 through September 14, 2009.
PLEASE NOTE: Interpretive Letters and No-Objection Letters reflect the views of the Comptroller's legal staff. Corporate Decisions, CRA Decisions and Conditional Approvals are from the office of Licensing Activities. The Community Development Investment Letters are from the office of Community Affairs. The list of CRA Ratings is from the Communications Division. For copies of the CRA evaluations, you may either contact the bank directly, or you may write to the Office of the Comptroller of the Currency (OCC) in any of three ways: by mail to the OCC, Attn: Communications Division, Mail Stop 2-3, Washington, D.C. 20219; by fax to (202) 874-5274; or electronically at the , OCC's online FOIA site. You may also write to the OCC for copies of enforcement actions and charters with standard conditions.
Members of the news media are encouraged to cite the letter number when reporting or summarizing documents from this package. This helps us to process single requests based upon your citation in a timelier manner.
The Office of the Comptroller of the Currency publishes INTERPRETATIONS AND ACTIONS monthly. Subscriptions are available at a rate of $200 per year by writing to the Comptroller of the Currency, ATTN: Financial Management, Accounts Receivable, Mail Stop FM-2, Washington, DC 20219. Prepayment is requested. Suggestions, comments or questions may be sent to Jacqueline J. England, Comptroller of the Currency, Communications Division, Mail Stop 2-3, Washington, DC 20219.