Post and Read XML to a web service

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ASP.NET

I have a XML file which is written in this format:

<?xml version="1.0" encoding="ISO-8859-1"?>
<TEST_MISYS_ACTSTAT>
  <record>
  <ACTTIT>ABDUR RAHMAN</ACTTIT>
  <BRANCD>1008</BRANCD>
  <CUSTID>110240</CUSTID>
  <ACSUFIX>031</ACSUFIX>
  <ACTNUM>1008110240031</ACTNUM>
  <BLOCKED>N</BLOCKED>
  <INACTIVE>Y</INACTIVE>
  <CLOSED>N</CLOSED>
  <CURRBAL>0</CURRBAL>
  </record>
</TEST_MISYS_ACTSTAT>

which is written this formate.
how can i parse the xml document and save into database?