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 May 24, 2014

Filer

Filing Type

Filing Proposal

End of Comment Period

BANK OF VIRGINIA

* Branch

Bank of Virginia, Midlothian, Virginia has filed an application to open two branches, one at 15000 Hull Street Rd, Midlothian, Virginia, and one at 2000 Snead Ave., Colonial Heights, Virginia.

Newspaper:	06/02/2014
Federal Register:	Not applicable

BENCHMARK COMMUNITY BANK

* Branch

Benchmark Community Bank submitted an application to establish a branch at 12335 Wake Union Church Road, Unit 206, Wake Forest, North Carolina 27587.

Newspaper:	05/26/2014
Federal Register:	Not applicable

OCONEE FEDERAL, MHC

* SLHC Acquisition

Oconee Federal, MHC and Oconee Federal Financial Corp., both of Seneca, South Carolina, to acquire Stephens Federal Bank, Toccoa, Georgia.

Newspaper:	06/07/2014
Federal Register:	06/06/2014

PBI MERGER CORP.

3A1

PBI Merger Corp., Charles Town, West Virginia, to become a bank holding company by merging with Potomac Bancshares Inc., Charles Town, West Virginia, and thereby indirectly acquire Bank of Charles Town, Charles Town, West Virginia.

Newspaper:	Not applicable
Federal Register:	Not applicable

YADKIN FINANCIAL CORPORATION

* 3A5

Yadkin Financial Corporation, Elkin, North Carolina, to acquire 100% of the voting securities of Piedmont Community Bank Holdings, Inc., Raleigh, North Carolina, and its subsidiary, VantageSouth Bancshares, Inc., Raleigh, North Carolina, and thereby indirectly acquire control of VantageSouth Bank, Cary, North Carolina.

Newspaper:	Not available
Federal Register:	06/13/2014

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 Third Quarter of 2014 (July 1, 2014 - September 30, 2014)

Institution	Location
BANK OF MONROE	UNION, WEST VIRGINIA
COASTAL BK & TR	JACKSONVILLE, NORTH CAROLINA
EVB	TAPPAHANNOCK, VIRGINIA
FARMERS BK OF APPOMATTOX	APPOMATTOX, VIRGINIA
FREEDOM BK OF VIRGINIA	FAIRFAX, VIRGINIA
PIONEER BK	STANLEY, VIRGINIA
SANDY SPRING BK	OLNEY, MARYLAND
UNION FIRST MKT BK	RICHMOND, VIRGINIA

* Subject to the provisions of the Community Reinvestment Act

District: 5 Federal Reserve Bank of: Richmond

Filings received during the week ending May 24, 2014

Availability of CRA Public Evaluations

CRA Examinations scheduled for Third Quarter of 2014 (July 1, 2014 - September 30, 2014)

District: 5
Federal Reserve Bank of: Richmond