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 23, 2014

Filer Filing Type Filing Proposal End of Comment Period
EASTERN VIRGINIA BANKSHARES, INC. * 18C
* Branch
* 3A3 		Eastern Virginia Bankshares, Inc., Tappahannock, Virginia, to acquire Virginia Company Bank, Newport News, Virginia. Additionally, EVB, Tappahannock, Virginia, to merge with Virginia Company Bank.
Newspaper: 09/19/2014
Federal Register: 09/18/2014
MONARCH BANK * Branch Monarch Bank, Chesapeake, Virginia, proposes to open a new branch at 680 Oyster Point Road, Newport News, Virginia 23602.
Newspaper: Not available
Federal Register: Not applicable
SANDY SPRING BANK * Branch Sandy Spring Bank has submitted an application to open a branch at 7550 Wisconsin Avenue, Bethesda, Maryland.
Newspaper: Not available
Federal Register: Not applicable


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
BLUE RIDGE BK, LURAY, VIRGINIA 233527 05/05/2014 08/06/2014 S Small Bank


CRA Examinations scheduled for Forth Quarter of 2014 (October 1, 2014 - December 31, 2014)

Institution Location
COMMUNITY CAP BK VA CHRISTIANSBURG, VIRGINIA
MIDDLEBURG BK MIDDLEBURG, VIRGINIA
PLEASANTS CTY BK SAINT MARYS, WEST 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

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Last update: August 28, 2014