Federal Reserve Release, H2, Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received

Release dates | Full version (300 KB PDF)
Actions by the Board | Actions under delegated authority
Applications and reports:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco

District: 5
Federal Reserve Bank of: Richmond

Filings received during the week ending November 3, 2007

Filer Filing Type Filing Proposal End of Comment Period
COLONIAL VIRGINIA BANK * Branch Colonial Virginia Bank, Gloucester, Virginia, proposes to establish a branch at Maidstone, New Kent Courthouse Village, New Kent, Virginia.
Newspaper: 11/19/2007
Federal Register: Not applicable
FIRST NATIONAL BANCSHARES, INC. * 3A5 First National Bancshares, Inc., Spartanburg, South Carolina, to acquire 100% of the voting securities of Carolina National Corporation, Columbia, South Carolina, and thereby indirectly acquire Carolina National Bank and Trust Company, Columbia, South Carolina.
Newspaper: 11/25/2007
Federal Register: 11/26/2007
SECOND BANK & TRUST * Branch Second Bank & Trust, Fredericksburg, Virginia, proposes to establish a branch at 3900 Westerre Parkway, Suite 102, Richmond, Virginia.
Newspaper: 11/19/2007
Federal Register: Not applicable
SOUTHTRUST INTERNATIONAL, INC. Investment Wachovia Bank, National Association, Charlotte, North Carolina, to make an investment through its Agreement Corporation subsidiary, Wachovia Asia Holding Corporation, Charlotte, North Carolina (formerly known as SouthTrust International, Inc.) in Wachovia Advisory Services Private Limited, Mumbai, India.
Newspaper: Not applicable
Federal Register: Not applicable
SOUTHTRUST INTERNATIONAL, INC. Investment Wachovia Bank, National Association, Charlotte, North Carolina, to make an investment through its Agreement Corporation subsidiary, Wachovia Asia Holding Corporation, Charlotte, North Carolina (formerly known as SouthTrust International, Inc.) in Wachovia Financial Services Private Limited, Mumbai, India.
Newspaper: Not applicable
Federal Register: Not applicable
SOUTHTRUST INTERNATIONAL, INC. Investment Wachovia Bank, National Association, Charlotte, North Carolina, to make an investment through its Agreement Corporation subsidiary, Wachovia Asia Holding Corporation, Charlotte, North Carolina (formerly known as SouthTrust International, Inc.) in WFSJ Limited, Chiyoda-ku, Tokyo.
Newspaper: Not applicable
Federal Register: Not applicable
SOUTHTRUST INTERNATIONAL, INC. Investment Wachovia Bank, National Association, Charlotte, North Carolina, to make an investment through its Agreement Corporation subsidiary, Wachovia Asia Holding Corporation, Charlotte, North Carolina (formerly known as SouthTrust International, Inc.) in Wachovia Advisors International Limited, Hong Kong.
Newspaper: Not applicable
Federal Register: Not applicable
SOUTHTRUST INTERNATIONAL, INC. Investment Wachovia Bank, National Association, Charlotte, North Carolina, to make an investment through its Agreement Corporation subsidiary, Wachovia Asia Holding Corporation, Charlotte, North Carolina (formerly known as SouthTrust International, Inc.) in Wachovia Securities Asia Limited, Hong Kong.
Newspaper: Not applicable
Federal Register: Not applicable
SOUTHTRUST INTERNATIONAL, INC. Investment Wachovia Bank, National Association, Charlotte, North Carolina, to make an investment through its Agreement Corporation subsidiary, Wachovia Asia Holding Corporation, Charlotte, North Carolina (formerly known as SouthTrust International, Inc.) in Wachovia Financial Consultants (Shanghai) Limited, Shanghai, Peoples Republic of China.
Newspaper: Not applicable
Federal Register: Not applicable


Availability of CRA Public Evaluations

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated periodically. That record is taken into account in considering an institution's application for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.
 
Institution / Location
RSSD
ID
 
Exam Date
CRA
Public Date
CRA
Rating
Exam Method
NONE


CRA Examinations scheduled for     Quarter of

Institution Location
NONE

Release dates | Full version (300 KB PDF)
Actions by the Board | Actions under delegated authority
Applications and reports:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco