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: 2
Federal Reserve Bank of: New York

Filings received during the week ending August 18, 2007

Filer Filing Type Filing Proposal End of Comment Period
ALLIED IRISH BANKS, P.L.C. * 3A3 Allied Irish Banks, p.l.c., Dublin, Ireland to acquire additional shares of M&T Bank Corporation, Buffalo, New York ("M&T"), for a total of 29 percent, as a result of M&T's stock buyback program, and thereby indirectly control Manufacturers and Traders Trust Company, Buffalo, New York and M&T Bank, N.A., Oakfield, New York.
Newspaper: Not available
Federal Register: 08/27/2007
ANDHRA BANK FBSEA Andhra Bank, Hyderabad, India, to establish a representative office in Jersey City, New Jersey.
Newspaper: Not available
Federal Register: Not applicable
BANCO LATINOAMERICANO DE EXPORTACIONES, S.A. 4c8 Banco Latinoamericano de Exportaciones S.A., Panama City, Republic of Panama, requests prior approval of the Board of Governors of the Federal Reserve System to engage in nonbanking activities, pursuant to Sections 4(c)(8) and 4(j) of the BHC Act of 1956 and Section 225.24 of Regulation Y.
Newspaper: Not applicable
Federal Register: 09/04/2007
BNP PARIBAS FBSEA BNP Paribas, Paris, France requests approval pursuant to the International Banking Act of 1978 and after the fact provisions of Section 211.24(a)(6) of Regulation K to establish the New York branch of its subsidiary Banca Nationale del Lavoro S.p.A., Rome, Italy.
Newspaper: Not available
Federal Register: Not applicable
CENTER BANCORP, INC. 4c8 Center Bancorp, Inc., Union, New Jersey, request prior appproval of the Board of Governors of the Federal Reserve System, to acqire Beacon Trust Company, Inc., a limited purpose trust company located in Madision, New Jersey and thereby engage in certain nonbanking activities.
Newspaper: Not applicable
Federal Register: Not applicable
HSH NORDBANK AG 4c8 HSH Nordbank Ag, Hamburg, Germany, proposes to engage in financial and investment advisory activities, by making a joint venture investment in Estein & Associates USA, Ltd., Orlando, Florida, pursuant to Section 4(c) (8) and 4(j) of the BHC Act and Section 225.28(b)(6) of Regulation Y.
Newspaper: Not applicable
Federal Register: Not available
INTERNATIONAL BANK OF AZERBAIJAN FBSEA International Bank of Azerbaijan, Baku, Azerbaijan, to establish a representative office in New York, New York, pursuant to Section 10(a) of the International Banking Act, as amended, and Section 211.24(a)(1) of Regulation K.
Newspaper: Not available
Federal Register: Not applicable
MACQUARIE BANK LIMITED FBSEA Macquarie Bank Ltd., Sydney, Australia, to establish one additional representative office in Chicago, Illinois, pursuant to Section 211.24(a)(2)(i)(B)(3) of Regulation K.
Newspaper: 09/05/2007
Federal Register: Not applicable
MANUFACTURERS AND TRADERS TRUST COMPANY * Branch Manufacturers and Traders Trust Company requests approval to open and occupy a branch to be located at 398 Harrisburg Avenue, Suite, 200, City of Lancaster, Lancaster County, Pennsylvania.
Newspaper: 08/26/2007
Federal Register: Not applicable
MANUFACTURERS AND TRADERS TRUST COMPANY * Branch Manufacturers and Traders Trust Company requests approval to open and occupy a branch to be located at 1030 Jackson Avenue, Borough of Queens, Queens County, New York.
Newspaper: Not available
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