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 August 12, 2006

Filer

Filing Type

Filing Proposal

End of Comment Period

BIG COAL RIVER BANCORP, INC.

CIC

Notice by Robert Milam, Jr. to individually retain control of 17.61% of the voting shares of Big Coal River Bancorp, Inc., Whitesville, West Virginia. Additionally, Robert Milam, Jr., Robert Milam, Melissa Milam, Jada Milam, Kevin Milam, Lloyd Jarrell, and other members of the Milam family, as a group acting in concert, to retain control of 18.46% of the voting shares of Big Coal River Bancorp, Inc., Whitesville, West Virginia.

Newspaper:	07/31/2006
Federal Register:	08/23/2006

FOUR OAKS BANK & TRUST COMPANY

* Branch

Four Oaks Bank & Trust Company, Four Oaks, North Carolina, proposes to establish a branch at 830 Spring Lane, Sanford, North Carolina.

Newspaper:	08/25/2006
Federal Register:	Not applicable

WACHOVIA BANK, NATIONAL ASSOCIATION

Wachovia Bank, National Association, Charlotte, North Carolina, to establish a bank service company to engage in leasing activities.

Newspaper:	Not applicable
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 Quarter of

Institution	Location
NONE

District: 5 Federal Reserve Bank of: Richmond

Filings received during the week ending August 12, 2006

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 5
Federal Reserve Bank of: Richmond