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 January 25, 2020

Filer

Filing Type

Filing Proposal

End of Comment Period

CITIZENS FINANCIAL CORP.

4c8

Citizens Financial Corp., Elkins, West Virginia, to engage in consulting activities.

Newspaper:	Not applicable
Federal Register:	Not applicable

COASTAL BANK & TRUST

* Branch

Coastal Bank & Trust, Jacksonville, North Carolina, to establish a branch at 4737 G Arandell Street, Morehead City, North Carolina.

Newspaper:	01/30/2020
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 2020 () and First Quarter of 2020 (January 1, 2020 - March 31, 2020)

Institution	Location	Quarter
FARMERS BK WINDSOR VA	WINDSOR, VIRGINIA	First Quarter of 2020
FVCBANK	FAIRFAX, VIRGINIA	First Quarter of 2020
HIGHLANDS CMNTY BK	COVINGTON, VIRGINIA	First Quarter of 2020
SANDY SPRING BK	OLNEY, MARYLAND	First Quarter of 2020
VCC BK	RICHMOND, VIRGINIA	First Quarter of 2020

* Subject to the provisions of the Community Reinvestment Act

District: 5 Federal Reserve Bank of: Richmond

Filings received during the week ending January 25, 2020

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of 2020 () and First Quarter of 2020 (January 1, 2020 - March 31, 2020)

District: 5
Federal Reserve Bank of: Richmond