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: 12
Federal Reserve Bank of: San Francisco

Filings received during the week ending February 17, 2007

Filer Filing Type Filing Proposal End of Comment Period
CASTLE CREEK CAPITAL PARTNERS III, L.P. * 3A3 Castle Creek Capital Partners III LP, Castle Creek Capital III LLC, Eggemeyer Capital LLC, Ruh Capital LLC, Legions IV Advisory Corp., all of Rancho Santa Fe, California, and The BANKshares, Inc., Melbourne, Florida, to acquire 100 percent of BankFIRST Bancorp, and thereby indirectly acquire its subsidiary, BankFIRST both of Winter Park, Florida.
Newspaper: Not available
Federal Register: 03/08/2007
CENTENNIAL BANKSHARES, INC. CIC Notice by R. Scott Priest, Layton, Utah, to retain his ownership of 15.55 percent of Centennial Bankshares, Inc., and thereby indirectly control its subsidiary, Centennial Bank, both of Ogden, Utah.
Newspaper: Not available
Federal Register: 02/28/2007
FAIRFIELD FINANCIAL HOLDINGS CORP. * 3A1 Fairfield Financial Holdings Corp., to become a bank holding company by acquiring 100 percent of Bank of Fairfield, both of Fairfield, Washington.
Newspaper: 03/05/2007
Federal Register: 03/16/2007
NHB HOLDINGS, INC. 4c8 NHB Holdings, Inc., and Proficio Mortgage Ventures LLC, both of Jacksonville, Florida, to engage de novo through a joint venture with American International Relocation Solutions in conducting mortgage banking activities through Iris Mortgage Solutions, Pittsburgh, Pennsylvania, pursuant to section 4(c)(8) of the Bank Holding Company Act and section 225.28(b)(1) of Regulation Y.
Newspaper: Not applicable
Federal Register: 03/08/2007


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