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: 1
Federal Reserve Bank of: Boston

Filings received during the week ending March 31, 2007

Filer Filing Type Filing Proposal End of Comment Period
BOSTON PRIVATE FINANCIAL HOLDINGS, INC. 4c8
* 3A5
* 3A3
Notification by Boston Private Financial Holdings, Inc., Boston, MA to acquire Charter Financial Corporation, Bellevue, WA and its subsidiaries, Charter Bank, Bellevue, WA and Banc Support, Inc., Kent, WA, pursuant to sections 3(a)(3), 3(a)(5) and 4(c)(8) of the Bank Holding Company Act of 1956, as amended.
Newspaper: Not available
Federal Register: 04/26/2007
BOSTON PRIVATE FINANCIAL HOLDINGS, INC. 4c8 Section 4(c)(8) notification by Boston Private Financial Holdings, Inc., Boston, MA to acquire a 0.3% additional interest in Bingham, Osborn & Scarborough LLC, San Francisco, CA.
Newspaper: Not applicable
Federal Register: Not applicable
MOUNTAINONE FINANCIAL PARTNERS, MHC * 3A5
* 3A3
MountainOne Financial Partners, MHC and MountainOne Financial Partners, Inc., both of North Adams, Massachusetts, to acquire South Coastal Holdings, MHC and its subsidiary bank, South Coastal Bank, both of Rockland, Massachusetts, pursuant to sections 3(a)(3) and 3(a)(5) of the Bank Holding Company Act of 1956, as amended.
Newspaper: Not available
Federal Register: 04/12/2007
STATE STREET BANK AND TRUST COMPANY * 18C State Street Bank and Trust Company, Boston, Massachusetts (SSBT) to merge with Investors Bank & Trust Company, Boston, Massachusetts, with SSBT as the surviving entity.
Newspaper: Not available
Federal Register: Not applicable
STATE STREET BANK AND TRUST COMPANY * Branch Application by State Street Bank and Trust Company, Boston, Massachusetts (SSBT) to retain the main office of Investors Bank & Trust Company, Boston, Massachusetts (IBT), located at 200 Clarendon Street, Boston, Massachusetts, and to operate that office as a branch pursuant to section 9 of the Federal Reserve Act and section 208.6 of Regulation H, subsequent to the merger of SSBT and IBT.
Newspaper: Not available
Federal Register: Not applicable
STATE STREET CORPORATION * 3A5
* 3A3
Application by State Street Corporation, Boston, Massachusetts to acquire Investors Financial Services Corporation, and its subsidiary bank, Investors Bank & Trust Company, both of Boston, Massachusetts, pursuant to sections 3(a)(3) and 3(a)(5) of the Bank Holding Company Act of 1956, as amended.
Newspaper: Not available
Federal Register: 04/19/2007


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