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 December 30, 2006

Filer

Filing Type

Filing Proposal

End of Comment Period

BANK OF AMERICA CORPORATION

* 3A5

Bank of America Corporation, Charlotte, North Carolina, to acquire 100% of the voting securities of U.S. Trust Corporation, New York, New York, and thereby indirectly acquire United States Trust Company, National Association, New York, New York.

Newspaper:	01/21/2007
Federal Register:	01/26/2007

COMMERCEFIRST BANK

* Branch

CommerceFirst Bank, Annapolis, Maryland, proposes to establish a branch at 485 Ritchie Highway, Severna Park, Maryland.

Newspaper:	01/15/2007
Federal Register:	Not applicable

FIDELITY & TRUST BANK

* Branch

Fidelity & Trust Bank, Bethesda, Maryland, proposes to establish a branch at 130 Rollins Avenue, Unit 130, Rockville, Maryland.

Newspaper:	01/29/2007
Federal Register:	Not applicable

SANDY SPRING BANCORP, INC.

* 18C
* Branch
* 3A3

Sandy Spring Bancorp, Inc., Olney, Maryland, to acquire 100% of the voting securities of Potomac Bank of Virginia, Fairfax, Virginia.

Newspaper:	01/06/2007
Federal Register:	01/16/2007

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

District: 5 Federal Reserve Bank of: Richmond

Filings received during the week ending December 30, 2006

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 5
Federal Reserve Bank of: Richmond