Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
District 5: Federal Reserve Bank of Richmond PDF
Filings received during the week ending September 5, 2026
| Filer | Filing Type | Filing Proposal | End of Comment Period | |
|---|---|---|---|---|
| Newspaper | Federal Register | |||
| FIRST BANCORP | * 3A5 * 18C * Branch (Domestic) | First Bancorp, Southern Pines, North Carolina, to acquire 100% of the voting securities of First Carolina Bancshares Corporation, Florence, South Carolina, and thereby indirectly acquire Carolina Bank & Trust, Lamar, South Carolina. In addition, First Bank, Southern Pines, North Carolina, to merge with Carolina Bank & Trust and operate Carolina Bank & Trust's branches. | 09/29/2026 | 10/05/2026 |
| UNITED BANK | * Branch (Domestic) | United Bank, Fairfax, Virginia, to establish a branch at 3445 Peachtree Rd., Atlanta, GA 30326 | 09/14/2026 | Not applicable |
* Subject to the provisions of the Community Reinvestment Act
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 |
|---|---|---|---|---|---|
| BANK OF THE JAMES, LYNCHBURG, VIRGINIA | 2787770 | 11/20/2025 | 05/27/2025 | S | Int Small Bank |
| CLEAR MNT BK, BRUCETON MILLS, WEST VIRGINIA | 886624 | 07/17/2026 | 02/23/2026 | S | Int Small Bank |
| COASTAL STS BK, HILTON HEAD ISLAND, SOUTH CAROLINA | 3274709 | 04/06/2025 | 10/21/2024 | S | Int Small Bank |
| FARMERS & MERCHANTS BK, TIMBERVILLE, VIRGINIA | 713926 | 03/02/2026 | 09/22/2025 | S | Int Small Bank |
| FIRST BK, STRASBURG, VIRGINIA | 899428 | 04/04/2026 | 06/23/2025 | S | Int Small Bank |
| FIRST CAP BK, CHARLESTON, SOUTH CAROLINA | 2849463 | 11/03/2025 | 05/19/2025 | S | Int Small Bank |
| PUTNAM CTY BK, HURRICANE, WEST VIRGINIA | 417626 | 12/25/2025 | 08/04/2025 | S | Int Small Bank |
CRA Examinations scheduled for Quarter of
| Institution | Location | Quarter |
|---|---|---|
| NONE | ||