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 6, 2008

Filer

Filing Type

Filing Proposal

End of Comment Period

ARMED FORCES BENEFIT ASSOCIATION

* 3A1

Armed Forces Benefit Association, AFBA Investment Trust, and 5Star Financial, LLC, all located in Alexandria, Virginia, to become financial holding companies through the acquisition of 100% of the voting securities of 5Star Bank, Colorado Springs, Colorado.

Newspaper:	Not available
Federal Register:	Not available

FIRST BANK AND TRUST COMPANY, THE

* Branch

First Bank & Trust Company, Lebanon, Virginia, to establish a branch at the intersection of Forest Road and Cloverdale Boulevard, Forest, Virginia.

Newspaper:	12/17/2008
Federal Register:	Not applicable

SONABANK, NATIONAL ASSOCIATION

* Branch

Sonabank, N.A., Charlottesville, Virginia, proposes to establish a branch at 1770 Timberwood Boulevard, Suite 100, Charlottesville, Virginia.

Newspaper:	Not available
Federal Register:	Not applicable

UNITED BANK

* Branch

United Bank, Fairfax, Virginia, proposes to establish a branch at 11921 Rockville Pike, Rockville, Maryland.

Newspaper:	12/19/2008
Federal Register:	Not applicable

UNITED BANK

* Branch

United Bank, Fairfax, Virginia, proposes to establish a branch at 2030 Westmoreland Street, Falls Church, Virginia.

Newspaper:	12/19/2008
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
BANK OF THE JAMES, LYNCHBURG, VIRGINIA	2787770	07/21/2008	10/28/2008	S	Small Bank
SELECT BK, FOREST, VIRGINIA	3567269	07/14/2008	10/22/2008	S	Small Bank
UNION B&TC, BOWLING GREEN, VIRGINIA	693224	06/16/2008	10/27/2008	S	Large Bank

CRA Examinations scheduled for Quarter of

Institution	Location
NONE

* Subject to the provisions of the Community Reinvestment Act

District: 5 Federal Reserve Bank of: Richmond

Filings received during the week ending December 6, 2008

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 5
Federal Reserve Bank of: Richmond