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: 4
Federal Reserve Bank of: Cleveland

Filings received during the week ending November 19, 2005

Filer Filing Type Filing Proposal End of Comment Period
FIFTH THIRD BANK * Branch Fifth Third Bank, Grand Rapids, MI to establish a branch at 920 West State Street, Hastings, MI.
Newspaper: 11/08/2005
Federal Register: Not applicable
KEY EQUIPMENT FINANCE INTERNATIONAL INC. Investment Key Equipment Finance International, Inc., Superior, Colorado, proposes to make additional equity investments up to $55 million in four direct and indirect subsidiaries pursuant to section 211.9(f) of Regulation K ($20 million in Key Nova Scotia Funding Company, Halifax, Nova Scotia, Canada; $25 million in Key Canada Funding Ltd., Calgary, Alberta, Canada; $2 million in Key Equipment Finance Australia Pty. Limited, North Sydney, Australia; and $8 million in Key Equipment Finance Korea Co., Ltd., Seoul, South Korea)
Newspaper: Not applicable
Federal Register: Not applicable
PEOPLES BANK & TRUST COMPANY OF MADISON COUNTY * 18C
* Branch
Peoples Bank & Trust Company of Madison County, Berea, KY to merge with Berea Community Bank, Inc., (currently known as Berea National Bank), Berea, KY and incident thereto establish branch facilities.
Newspaper: 12/14/2005
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

Institution Location
NONE

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