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 October 26, 2013

Filer

Filing Type

Filing Proposal

End of Comment Period

CARDINAL FINANCIAL CORPORATION

* 3A5

Cardinal Financial Corporation, McLean, Virginia, proposes to acquire 100% of the voting securities of United Financial Banking Companies, Inc., Vienna, Virginia, and thereby indierctly acquire The Business Bank, Vienna Virginia.

Newspaper:	Not available
Federal Register:	Not available

FREEDOM BANK OF VIRGINIA, THE

* Branch

The Freedom Bank of Virginia, Vienna, Virginia, to establish a branch at 11700 Plaza America Drive, Reston, Virginia.

Newspaper:	11/05/2013
Federal Register:	Not applicable

NEW PEOPLES BANKSHARES, INC.

CIC

Family's Future IV Limited Partnership, a qualified limited partnership with the general partner being Richard G. Perservati, Captiva, Florida, and the limited partner being the Richard G. and Karen N. Preservati Grandchildren's Trust, the co-trustees of which are Richard G. Preservati, II, Princeton, West Virginia; Gina Preservati Boggess, Princeton, West Virginia; Nicholas S. Preservati, Charleston, West Virginia; and Arnold D. Lively, Venice, Florida, to acquire 11.32% of the outstanding shares of New Peoples Bankshares, Inc., Honaker, Virginia, and thereby indirectly acquire an interest in New Peoples Bank, Inc., Honaker, Virginia. Richard G. Preservati, II, Princeton, West Virginia, proposes to individually acquire up to .13% of New Peoples Bankshares, Inc. The aggregate ownership for the group acting in concert would be 13.71%.

Newspaper:	11/13/2013
Federal Register:	11/08/2013

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

* Subject to the provisions of the Community Reinvestment Act

District: 5 Federal Reserve Bank of: Richmond

Filings received during the week ending October 26, 2013

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 5
Federal Reserve Bank of: Richmond