Actions taken by the Federal Reserve Bank of Richmond under delegated authority

Bank Branches, Domestic
Virginia Partners Bank, Fredericksburg, Virginia -- to offer a courier service to pick up customer deposits in Annapolis, Maryland, and Anne Arundel and Charles counties.
- Approved, July 3, 2019
United Bank, Fairfax, Virginia -- to establish a branch at 517 9th Street, Huntington, West Virginia.
- Approved, July 1, 2019
Bank of the James, Lynchburg, Virginia -- to establish a branch at 550 Water Street, Charlottesville.
- Approved, April 17, 2019
Shore United Bank, Easton, Maryland -- to establish a branch at 12905 Ocean Gateway, Ocean City.
- Approved, April 15, 2019
Farmers Bank, Windsor, Virginia -- to establish a branch at 821 North Battlefield Boulevard, Chesapeake.
- Approved, April 9, 2019
MainStreet Bank, Fairfax, Virginia -- to establish a branch at 1130 Connecticut Avenue, Washington, D.C.
- Approved, March 15, 2019
Bank of the James, Lynchburg, Virginia -- to establish a branch at 2101 Electric Road, Roanoke.
- Approved, March 8, 2019
Citizens Bank and Trust Company, Blackstone, Virginia -- to establish a branch at 2501 Anderson Highway, Powhatan, and to increase its investment in bank premises.
- Approved, February 26, 2019
Chesapeake Bank, Kilmarnock, Virginia -- to establish a branch at 10000 Courtview Lane, Chesterfield.
- Approved, February 21, 2019
Sandy Spring Bank, Olney, Maryland -- to establish a branch at 10985 Baltimore Avenue, Beltsville.
- Approved, January 18, 2019
Bank Holding Companies
First Citizens Bancshares, Inc., Raleigh, North Carolina, and First-Citizens Bank & Trust Company -- waiver of application to acquire Entegra Financial Corp., Franklin, and Entegra Bank.
- Withdrawn, June 13, 2019
CCF Holding Company, Jonesboro, Georgia -- to acquire (1) Heritage Bancorporation, Inc., Hinesville, and its subsidiary Heritage Bank, and (2) Providence Bank, Alpharetta.
- Approved, April 26, 2019
Delmar Bancorp, Salisbury, Maryland -- to acquire Virginia Partners Bank, Fredericksburg, Virginia.
- Approved, March 12, 2019
Community Heritage Financial, Inc., Middletown, Maryland -- to engage in residential mortgage lending through the acquisition of Millennium Financial Group, Inc., Middletown.
- Approved, January 17, 2019
Bay-Vanguard, MHC, Sparrows Point, Maryland; and BV Financial, Inc. -- to become bank holding companies upon their conversion from federal savings and loan holding companies; and to acquire Kopernik Bank, Baltimore.
- Approved, January 14, 2019
Bank Premises
The Bank of Marion, Marion, Virginia -- to increase its investment in bank premises.
- Approved, April 2, 2019
Change In Bank Control
Sevier County Bancshares, Inc., Sevierville, Tennessee -- change in bank control of Sevier County Bancshares, Inc., and its subsidiary, Sevier County Bank, Sevierville.
- Permitted, July 17, 2019
Extensions Of Time
CCF Holding Company, Jonesboro, Georgia -- extension to July 26, 2019, to acquire (1) Heritage Bancorporation, Inc., Hinesville, and its subsidiary, Heritage Bank, and (2) Providence Bank, Alpharetta.
- Granted, July 25, 2019
Delmar Bancorp, Salisbury, Maryland -- extension to September 12, 2019, to acquire Virginia Partners Bank, Fredericksburg, Virginia.
- Granted, June 12, 2019
Farmers & Merchants Bank, Timberville, Virginia -- extension to October 5, 2019, to establish a branch at 2782 Stuarts Draft Highway, Stuarts Draft.
- Granted, March 27, 2019
The First Bank and Trust Company, Lebanon, Virginia -- extension to April 25, 2019, to establish a branch at 2695 Prices Fork Road, Blacksburg.
- Granted, January 9, 2019
Financial Holding Companies
Select Bank Financial Corporation, Forest, Virginia -- election to become a financial holding company.
- Effective, June 24, 2019

Last Update: August 22, 2019