Federal Reserve Release, H2, Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received

District: 2
Federal Reserve Bank of: New York

Filings received during the week ending May 24, 2008

Filer

Filing Type

Filing Proposal

End of Comment Period

NATIONAL AGRICULTURAL COOPERATIVE FEDERATION, THE

FBSEA

National Agricultural Cooperative Federation, Seoul, Korea, to establish a branch in New York, New York.

Newspaper:	Not available
Federal Register:	Not applicable

NATIONAL AUSTRALIA BANK LIMITED

FBSEA

The National Australia Bank Limited, Melbourne, Australia, to establish a branch in Chicago, Illinois, under Section 211.24(a)(2) of Regulation K.

Newspaper:	Not available
Federal Register:	Not applicable

STANDARD CHARTERED BANK

FBSEA

Standard Chartered Bank, London, England, to establish representative offices in Atlanta, Georgia, Miami, Florida, and San Francisco and San Diego, California pursuant to Section 211.24(a)(2)(i)(B)(1) of Regulation K.

Newspaper:	06/16/2008
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
SOLVAY BK, SOLVAY, NEW YORK	722816	11/26/2007	05/06/2008	S	Int Sm Bank

CRA Examinations scheduled for Third Quarter of 2008 (July 1, 2008 - September 30, 2008)

Institution	Location
NONE

* Subject to the provisions of the Community Reinvestment Act

District: 2 Federal Reserve Bank of: New York

Filings received during the week ending May 24, 2008

Availability of CRA Public Evaluations

CRA Examinations scheduled for Third Quarter of 2008 (July 1, 2008 - September 30, 2008)

District: 2
Federal Reserve Bank of: New York