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 November 20, 2021

Filer Filing Type Filing Proposal End of Comment Period
BANK OF CLARKE COUNTY * Branch Bank of Clarke County, Berryville, Virginia, to establish a branch at 530 Blackwell Road, Warrenton, Virginia.
Newspaper: Not available
Federal Register: Not applicable
TRI-COUNTY BANCORP, INC. CIC The Carolyn E. Farr Trust, Harrisville, West Virginia, Scott A. Windom, as trustee, Cairo, West Virginia, William A. Farr, West Union, West Virginia, John C. Farr, Woodinville, Washington, Paul D. Farr, Little Hocking, Ohio, Lee Ann Farr, Frankfort, West Virginia, and Rodney C. Windom, Cairo, West Virginia, as a group to retain voting shares of Tri-County Bancorp, Inc., West Union, West Virginia.
Newspaper: Not available
Federal Register: 12/08/2021


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 First Quarter of 2022 (January 1, 2022 - March 31, 2022) and Second Quarter of 2022 (April 1, 2022 - June 30, 2022)

Institution Location Quarter
TRUPOINT BK GRUNDY, VIRGINIAFirst Quarter of 2022
VIRGINIA PTNR BK FREDERICKSBURG, VIRGINIAFirst Quarter of 2022

* 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