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 April 2, 2022

Filer Filing Type Filing Proposal End of Comment Period
CAPITAL ONE, NATIONAL ASSOCIATION Foreign Branch
Investment
Capital One, National Association, McLean, Virginia, to obtain control of Capital One Global Corporation, McLean, Virginia, an agreement corporation, as a result of an internal reorganization.
Newspaper: Not applicable
Federal Register: Not applicable
FORBRIGHT, INC. 4c8 Forbright, Inc, Chevy Chase, Maryland, to acquire up to 49.9% of the voting shares of Temple View Capital, LLC, Bethesda, Maryland, and thereby engage in extending credit and servicing loans, pursuant to Section 225.28(b)(1) of Regulation Y.
Newspaper: Not applicable
Federal Register: Not available
HARBOR BANKSHARES CORPORATION 4c8 Harbor Bankshares Corporation, Baltimore, Maryland, to engage in lending and community development activities through Harbor Bankshares Capital Corporation and Harbor Bankshares Asset Management, LLC, both of Baltimore, Maryland, pursuant to Section 4 of the Bank Holding Company Act.
Newspaper: Not applicable
Federal Register: Not available
Piedmont Financial Holding Company * MHC Formation Piedmont Financial Holding Company, Winston-Salem, North Carolina, to become a mutual holding company upon the conversion of Piedmont Federal Savings Bank, Winston-Salem, North Carolina, from federal mutual savings bank to a federal stock savings bank.
Newspaper: Not available
Federal Register: Not available


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 Quarter
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