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 June 20, 2015

Filer Filing Type Filing Proposal End of Comment Period
BANK OF AMERICA, NATIONAL ASSOCIATION Investment Bank of America, N.A., Charlotte, North Carolina, and MBNA Limited, Chester, England, to make an indirect investment of up to $104 million in Loans.co.uk Limited, Chester, England.
Newspaper: Not applicable
Federal Register: Not applicable
DELMARVA BANCSHARES, INC. * 3A5
* 18C
* Branch
Delmarva Bancshares, Inc., Cambridge, Maryland, to acquire 100% of the voting securities of Easton Bancorp, Inc., Easton, Maryland, and thereby indirectly acquire Easton Bank & Trust Company, Easton, Maryland.
Newspaper: Not available
Federal Register: 06/19/2015
UNION BANKSHARES, INC. CIC Mr. Ralph Ellison Mann, Sinks Grove, West Virginia, and Ms. Margaret Mann Theissen, Grainau, Bavaria, Germany, as a group acting in concert to control up to 10.27% of the issued and outstanding shares of common stock of Union Bankshares, Inc., Union, West Virginia.
Newspaper: 07/03/2015
Federal Register: 06/26/2015


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
PLEASANTS CTY BK, SAINT MARYS, WEST VIRGINIA 8631 11/03/2014 06/04/2015 S Small Bank


CRA Examinations scheduled for     Quarter of

Institution Location
NONE

* 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