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 September 12, 2009

Filer Filing Type Filing Proposal End of Comment Period
CAPGEN CAPITAL GROUP III LLC * 3A1 CapGen Capital Group III LLC, New York, New York, and CapGen Capital Group III LP, New York, New York, to become bank holding companies through the acquisition of 10.2% of the voting securities of Seacoast Banking Corporation of Florida, Stuart, Florida, and indirectly acquire Seacoast National Bank, Stuart, Florida.
Newspaper: Not available
Federal Register: 10/02/2009
FIRST AMERICAN FINANCIAL MANAGEMENT COMPANY * 3A1 First American Financial Management Company, Salisbury, North Carolina, to become a bank holding company through the acquisition of 100% of the voting securities of Community Bank of Rowan, Salisbury, North Carolina.
Newspaper: Not available
Federal Register: 10/09/2009
UNION BANKSHARES CORPORATION * 18C
* 4c8
* Branch
* 3A3
Union Bankshares Corporation, Bowling Green, Virginia (UBC), to acquire 100% of the voting securities of First Market Bank, FSB, Richmond, Virginia (FMB-FSB), and the related filings by UBC to acquire 100% of the voting securities of FMB-UBSH Interim Bank, Bowling Green, Virginia (FMB-UBSH), and by FMB-UBSH to merge with FMB-FSB.
Newspaper: 10/07/2009
Federal Register: 10/09/2009


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