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 22, 2018

Filer

Filing Type

Filing Proposal

End of Comment Period

AMERICAN NATIONAL BANKSHARES INC.

* 3A5

American National Bankshares, Inc., Danville, Virginia, to acquire 100% of the voting securities of HomeTown Bankshares Corporation, Roanoke, Virginia, and thereby indirectly acquire HomeTown Bank, Roanoke, Virginia.

Newspaper:	Not available
Federal Register:	Not available

COMMUNITY HERITAGE FINANCIAL, INC.

4c8

Community Heritage Financial, Inc., Middletown, Maryland, to engage in residential mortgage lending through the acquisition of 100% of the voting shares of Millennium Financial Group, Inc., Middletown, Maryland.

Newspaper:	Not applicable
Federal Register:	01/10/2019

SANDY SPRING BANK

* Branch

Sandy Spring Bank, Olney, Maryland, to establish a branch at 10985 Baltimore Avenue, Beltsville, Maryland.

Newspaper:	01/04/2019
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
HIGHLANDS UNION BK, ABINGDON, VIRGINIA	969424	07/09/2018	12/17/2018	NI	Int Small Bank

CRA Examinations scheduled for Quarter of

Institution	Location	Quarter
NONE

* Subject to the provisions of the Community Reinvestment Act

District: 5 Federal Reserve Bank of: Richmond

Filings received during the week ending December 22, 2018

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 5
Federal Reserve Bank of: Richmond