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 February 24, 2018

Filer Filing Type Filing Proposal End of Comment Period
BENCHMARK COMMUNITY BANK * Branch Benchmark Community Bank, Kenbridge, Virginia, to establish a branch at 316 W. Atlantic Street, Emporia, Virginia.
Newspaper: Not available
Federal Register: Not applicable
JOHN MARSHALL BANK * Branch John Marshall Bank, Reston, Virginia, to establish a branch at 8229 Boone Boulevard, Vienna, Virginia.
Newspaper: 03/09/2018
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
NONE


CRA Examinations scheduled for Second Quarter of 2018 (April 1, 2018 - June 30, 2018) and Third Quarter of 2018 (July 1, 2018 - September 30, 2018)

Institution Location Quarter
BANK OF THE JAMES LYNCHBURG, VIRGINIASecond Quarter of 2018
ESSEX BK RICHMOND, VIRGINIASecond Quarter of 2018
FIRST B&TC LEBANON, VIRGINIASecond Quarter of 2018
FIRST BK STRASBURG, VIRGINIASecond Quarter of 2018
FIRST PEOPLES BK INC MULLENS, WEST VIRGINIASecond Quarter of 2018
FRONTIER CMNTY BK WAYNESBORO, VIRGINIASecond Quarter of 2018
JOHN MARSHALL BK RESTON, VIRGINIASecond Quarter of 2018
CFG CMNTY BK LUTHERVILLE, MARYLANDThird Quarter of 2018
COASTAL BK & TR JACKSONVILLE, NORTH CAROLINAThird Quarter of 2018
FARMERS & MRCH BK OF CRAIG CTY NEW CASTLE, VIRGINIAThird Quarter of 2018
FIRST CMNTY BK BLUEFIELD, VIRGINIAThird Quarter of 2018
FREEDOM BK OF VIRGINIA FAIRFAX, VIRGINIAThird Quarter of 2018
HIGHLANDS UNION BK ABINGDON, VIRGINIAThird Quarter of 2018
LOGAN B&TC LOGAN, WEST VIRGINIAThird Quarter of 2018

* 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

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Last update: March 01, 2018