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 August 24, 2013

Filer Filing Type Filing Proposal End of Comment Period
DELMAR BANCORP CIC Mr. Kenneth Ray Lehman of Arlington, Virginia, to acquire 40% of Delmar Bancorp, Salisbury, Maryland.
Newspaper: 09/06/2013
Federal Register: Not available
NEW PEOPLES BANKSHARES, INC. CIC Harold Lynn Keene, H.L. Keene, L.L.C., Arbutus Keene, The Harold Lynn Keene Trust, Charlotte Keene, and Elizabeth Keene, all of Lebanon, Virginia, as group acting in concert, to retain control of New Peoples Bankshares, Inc., Honaker, Virginia.
Newspaper: Not available
Federal Register: Not available
UNION FIRST MARKET BANKSHARES CORPORATION * 3A5 Union First Market Bankshares Corporation, Richmond, Virginia, to acquire 100% of the voting securities of StellarOne Corporation, Charlottesville, Virginia, and thereby indirectly acquire StellarOne Bank, Christiansburg, Virginia.
Newspaper: 09/23/2013
Federal Register: 09/20/2013
WESTERN ACQUISITIONS, L.L.C. * 4c8 Western Acquisition Partners LLC, Washington, D.C. (to be relocated and renamed H Bancorp, Columbia, Maryland) proposes to: 1) acquire 22.83% of the voting securities of Carrollton Bancorp, Lutherville, Maryland, and thereby indirectly acquire a controlling interest in Bay Bank, FSB, Lutherville, Maryland; and 2) acquire 6.84% of FirstAtlantic Financial Holdings, Inc., Jacksonville, Florida, and thereby indirectly acquire a similar interest in FirstAtlantic Bank, Jacksonville, Florida.
Newspaper: Not available
Federal Register: 09/19/2013


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 Forth Quarter of 2013 (October 1, 2013 - December 31, 2013)

Institution Location
FIRST B&TC LEBANON, VIRGINIA
FIRST SENTINEL BK RICHLANDS, VIRGINIA
GREAT ST BK WILKESBORO, NORTH CAROLINA
HERITAGE BK NORFOLK, VIRGINIA

* 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