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 June 19, 2010

Filer Filing Type Filing Proposal End of Comment Period
CapGen Capital Group V LLC * 3A1 CapGen Capital Group V LLC and CapGen Capital Group V LP, both of New York, New York, to become bank holding companies through the acquisition of up to 49.9% of the voting securities of Palmetto Bancshares, Inc., Greenville, South Carolina, and indirectly acquire The Palmetto Bank, Greenville, South Carolina.
Newspaper: Not available
Federal Register: 07/16/2010
HAMPTON ROADS BANKSHARES, INC. CIC ACMO-HR, L.L.C., New York, New York; Anchorage Capital Master Offshore, Ltd., ACPO Master, L.P., Anchorage Capital Partners Offshore, Ltd, and ACPO Master, Ltd, all of Grand Cayman, Cayman Islands; Anchorage Capital Partners, L.P., Anchorage Advisors, L.L.C., Anchorage Capital Group, L.L.C., Anchorage Capital Management, L.L.C., and Anchorage Advisors Management, L.L.C., all of Wilmington, Delaware; Kevin Ulrich and Anthony Davis, both of New York, New York, to acquire up to 24.9% of the voting shares of Hampton Roads Bankshares, Inc., Norfolk, Virginia.
Newspaper: 06/24/2010
Federal Register: 06/25/2010


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

* Subject to the provisions of the Community Reinvestment Act

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