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 July 18, 2009

Filer Filing Type Filing Proposal End of Comment Period
BANCO POPULAR DE PUERTO RICO Other Foreign Banco Popular de Puerto Rico, San Juan, Puerto Rico, to establish BP Sirenusa International, LLC, as an Agreement corporation, pursuant to Section 25 of the Federal Reserve Act and Section 211.5(g) of Regulation K.
Newspaper: Not applicable
Federal Register: Not applicable
HAVEN BANCORP, MHC * 3A1 Haven Bancorp, MHC and Haven Bancorp, Inc., both of Hoboken, New Jersey, for prior approval from the Board of Governors of the Federal Reserve System to control, directly and indirectly, 100 percent of the voting shares of Haven Savings Bank, Hoboken, New Jersey.
Newspaper: 07/31/2009
Federal Register: 07/31/2009
MANUFACTURERS AND TRADERS TRUST COMPANY * Branch Manufacturers and Traders Trust Company, Buffalo, New York, requests to establish branches located at (i) Townson Town Center 825 Dulaney Valley Road, Towson, Baltimore County, Maryland and (ii) White Marsh Mall, 8200 Perry Hall Boulevard, Nottingham, Baltimore, Maryland.
Newspaper: 07/23/2009
Federal Register: Not applicable
MANUFACTURERS AND TRADERS TRUST COMPANY * Branch Manufacturers and Traders Trust Company, Buffalo, New York request approval to open a seasonal-use limited branch to be located at Columbia Mall, 225 Columbia Mall Drive, Bloomsburg, Columbia County, Pennsylvania.
Newspaper: 07/23/2009
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

* Subject to the provisions of the Community Reinvestment Act

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