UNITED STATES OF AMERICA
NATIONAL CREDIT UNION ADMINISTRATION
NATIONAL CREDIT UNION ADMINISTRATION BOARD

IN THE MATTER OF                                   )
                                                                         )
CALVIN V. HOLLIS, III                                 )
                                                                         )
An Institution Affiliated Party and                       )           No.     01-0301-II
Person Participating in the Affairs                       )
of the DELMARVA FIFE FEDERAL               )
CREDIT UNION                                             )

ORDER OF PROHIBITION

            WHEREAS, Calvin V. Hollis, III, has executed a Stipulation and Consent to Issuance of Order of Prohibition, which is accepted and approved by the National Credit Union Administration acting through its counsel; and

            WHEREAS, Calvin V. Hollis, III, in the Stipulation has consented and agreed to the issuance of this Order of Prohibition pursuant to Section 206(g) of the Federal Credit Union Act, 12 U.S.C. §1786(g), and Part 747 of the National Credit Union Administration Rules and Regulations;

NOW THEREFORE, IT IS ORDERED THAT:

                        1.         Calvin V. Hollis, III, is an institution-affiliated party in that he was the CEO/Manager of the Delmarva Fife Federal Credit Union, located in Bridgeville, Delaware.

                        2.         The Stipulation and Consent to the Issuance of this Order of Prohibition is made a part hereof and is incorporated herein by reference.  

                        3.         Calvin V. Hollis, III, is prohibited from participating in any manner in the conduct of the affairs of any federally insured credit union and any other institution as defined in 12 U.S.C. §1786(g)(7).

                        4.         This Order of Prohibition shall be effective on the date it is issued.

Dated this ___21_____ day of March, 2001

NATIONAL CREDIT UNION ADMINISTRATION BOARD

by

________________--S--____________________
TAWANA Y. JAMES
Regional Director
Region II

UNITED STATES OF AMERICA
NATIONAL CREDIT UNION ADMINISTRATION
NATIONAL CREDIT UNION ADMINISTRATION BOARD

_________________________________
IN THE  MATTER OF                           )
                                                                  )
CALVIN V. HOLLIS, III                          )
                                                                  )           No.   01-0301-II
An Institution Affiliated Party and                )
Person Participating in the Affairs                )
of the DELMARVA FIFE FEDERAL        )
CREDIT UNION                                      )
_________________________________)

STIPULATION AND CONSENT TO ISSUANCE OF
ORDER OF PROHIBITION

            The National Credit Union Administration Board, by and through its undersigned counsel, and Calvin V. Hollis, III, the former CEO/Manager of the Delmarva Fife Federal Credit Union, located in Bridgeville, Delaware, hereby stipulate and agree as follows:

            1.  Consideration.    The National Credit Union Administration is of the opinion that grounds exist to initiate an administrative prohibition against Calvin V. Hollis, III, pursuant to Section 206 of the Federal Credit Union Act, 12 U.S.C. §1786.  Calvin V. Hollis, III, desires to avoid the time, cost and expense of administrative litigation and hereby stipulates and agrees to the following terms in consideration of the forbearance of the National Credit Union Administration Board from conducting an administrative hearing and imposing other remedial sanctions against him.
            2.  Jurisdiction.

                        (a)        Calvin V. Hollis, III, is an "institution-affiliated party" within the meaning of Section 206(r) of the Federal Credit Union Act, 12 U.S.C. §1786(r).

                        (b)        Pursuant to the authority vested in the Board of the National Credit Union Administration under Section 206(g) of the Federal Credit Union Act, 12 U.S.C. §1786(g), and Part 747 of the National Credit Union Administration Rules and Regulations, it is an appropriate federal agency to maintain enforcement proceedings against such institution-affiliated party.  Therefore, Calvin V. Hollis, III, is subject to the authority of the National Credit Union Administration to initiate and maintain prohibition proceedings against him.

            3.  Consent.  Calvin V. Hollis, III, consents to the issuance by the National Credit Union Administration Board of the accompanying Order of Prohibition.  He further agrees to comply with its terms upon issuance and stipulates that the Order complies with all requirements of the law.

            4.  Waivers.  Calvin V. Hollis, III, waives his right to the administrative hearing provided for in Section 206(g)(4) of the Federal Credit Union Act, 12 U.S.C. §1786(g)(4).  He further waives his right to seek judicial review of the Order of Prohibition or otherwise challenge the validity or legality of the Order.

            5.  Finality.  The Order of Prohibition is issued pursuant to Section 206(g) of the Federal Credit Union Act, 12 U.S.C. §1786(g).  Upon its issuance by the National Credit Union Administration Board, it shall be a final Order, effective and fully enforceable by the National Credit Union Administration.

            WHEREFORE, in consideration of the foregoing, the undersigned, on behalf of the National Credit Union Administration and Calvin V. Hollis, III, execute this Stipulation and Consent to Issuance of Order of Prohibition.

NATIONAL CREDIT UNION ADMINISTRATION

By: _______--S--_____________                  _____3/15/01_______
            Allan H. Meltzer                                               Date
            Associate General Counsel

__________--S--_____________                  _____11/14/00______
            Calvin V. Hollis, III                                           Date

(Notary Seal)               _________--S--______________
                                                Notary Public

My Commission expires: ________________________________.