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

District: 5
Federal Reserve Bank of: Richmond

Filings received during the week ending February 25, 2006

Filer

Filing Type

Filing Proposal

End of Comment Period

COMMERCEFIRST BANK

* Branch

CommerceFirst Bank, Annapolis, Maryland, proposes to establish a branch at 6230 Old Dobbin Lane, Columbia, Maryland.

Newspaper:	03/15/2006
Federal Register:	Not applicable

NEW PEOPLES BANK, INC.

* Branch

New Peoples Bank, Honaker, Virginia, proposes to establish a branch at 11421 Indian Creek Road, Pound, Virginia.

Newspaper:	03/06/2006
Federal Register:	Not applicable

NEW PEOPLES BANK, INC.

* Branch

New Peoples Bank, Honaker, Virginia, proposes to establish a branch at 5548 Norton-Wise Road, Esserville, Virginia.

Newspaper:	03/06/2006
Federal Register:	Not applicable

SANDY SPRING BANK

* Branch

Sandy Spring Bank, Olney, Maryland, proposes to establish a branch at 6550 Mercantile Drive East, Frederick, Maryland.

Newspaper:	03/02/2006
Federal Register:	Not applicable

UNION BANKSHARES CORPORATION

* 3A3

Union Bankshares Corporation, Bowling Green, Virginia, to acquire 100% of Prosperity Bank & Trust Company, Springfield, Virginia.

Newspaper:	03/12/2006
Federal Register:	03/06/2006

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 HAMPTON ROADS, CHESAPEAKE, VIRGINIA	1161029	09/12/2005	01/05/2006	S	Small Bank
CAPITAL ONE BK, GLEN ALLEN, VIRGINIA	2253891	07/18/2005	12/28/2005	O	Whole/Ltd Purp
CONSOLIDATED B&TC, RICHMOND, VIRGINIA	517423	09/12/2005	12/14/2005	S	Small Bank
HERITAGE B&TC, NORFOLK, VIRGINIA	911825	08/22/2005	01/09/2006	S	Small Bank
PROSPERITY B&TC, SPRINGFIELD, VIRGINIA	698229	09/19/2005	12/12/2005	S	Small Bank

CRA Examinations scheduled for Quarter of

Institution	Location
NONE

District: 5 Federal Reserve Bank of: Richmond

Filings received during the week ending February 25, 2006

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 5
Federal Reserve Bank of: Richmond