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 September 23, 2006

Filer

Filing Type

Filing Proposal

End of Comment Period

CITIZENS COMMUNITY BANK

* Branch

Citizens Community Bank, South Hill, Virginia, proposes to establish a branch at 138 Roanoke Rapids Road, Gaston, North Carolina.

Newspaper:	10/02/2006
Federal Register:	Not applicable

FIDELITY & TRUST BANK

* Branch

Fidelity & Trust Bank, Bethesda, Maryland, proposes to establish a branch at 8601 Westwood Center Drive, Vienna, Virginia.

Newspaper:	10/17/2006
Federal Register:	Not applicable

RBC CENTURA BANK

* Branch

RBC Centura Bank, Rocky Mount, North Carolina, to establish a branch at 3151 Lawrenceville-Suwanee Road, Suwanee, Georgia.

Newspaper:	10/02/2006
Federal Register:	Not applicable

RBC CENTURA BANKS, INC.

* 18C
* Branch
* 3A3

RBC Centura Banks, Inc., Raleigh, North Carolina, and its parent companies, Royal Bank of Canada, Montreal, Quebec; Royal Bank Holding Inc., Toronto, Ontario; RBC Holding (USA) Inc., New York, New York; RBC USA Holdco Corporation, New York, New York; RBC Holdings (Delaware) Inc., Wilmington, Delaware; Prism Financial Corporation, Chicago, Illinois; and FLAG Acquisition Sub, Inc., Rocky Mount, North Carolina, to acquire 100% of the voting shares of FLAG Financial Corporation, Atlanta, Georgia, and thereby indirectly acquire FLAG Bank, Atlanta, Georgia.

Newspaper:	10/12/2006
Federal Register:	10/13/2006

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 Quarter of

Institution	Location
NONE

District: 5 Federal Reserve Bank of: Richmond

Filings received during the week ending September 23, 2006

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 5
Federal Reserve Bank of: Richmond