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 August 30, 2008

Filer Filing Type Filing Proposal End of Comment Period
BANK OF AMERICA CORPORATION * 3A3 Bank of America Corporation, Charlotte, North Carolina, and NB Holdings Corporation, Charlotte, North Carolina, to acquire 100% of the voting securities of Bank of America Michigan, National Association, Troy, Michigan (in organization).
Newspaper: 09/14/2008
Federal Register: 09/18/2008
BANK OF AMERICA CORPORATION * 3A3 Bank of America Corporation, Charlotte, North Carolina, and NB Holdings Corporation, Charlotte, North Carolina, to acquire 100% of the voting securities of Bank of America Illinois, National Association, Chicago, Illinois (in organization).
Newspaper: 09/14/2008
Federal Register: 09/18/2008
BANK OF THE JAMES * Branch Bank of the James, Lynchburg, Virginia, proposes to establish a branch at 815 Main Street, Altavista, Virginia.
Newspaper: 09/12/2008
Federal Register: Not applicable
COMMUNITY BANK INVESTORS OF AMERICA, LP * 3A3 FA Capital, LLC, Richmond, Virginia, and Community Bank Investors of America, L.P., Richmond, Virginia, to acquire up to 58.01% of the voting securities of Freedom Bank, Bradenton, Florida.
Newspaper: Not available
Federal Register: Not available
FAUQUIER BANK, THE * Branch The Fauquier Bank, Warrenton, Virginia, proposes to establish a branch at 10250 Bristow Center Drive, Bristow, Virginia.
Newspaper: Not available
Federal Register: Not applicable
WACHOVIA BANK, NATIONAL ASSOCIATION Investment Wachovia Bank, National Association, Charlotte, North Carolina, requests approval to make an additional investment through its Edge Act subsidiary, Wachovia International Banking Corporation, in Wachovia Real Estate, Korea, Inc., Seoul, South Korea.
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

* 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