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 July 3, 2010

Filer Filing Type Filing Proposal End of Comment Period
AltaPacific Bancorp * 3A1 AltaPacific Bancorp to become a bank holding company by acquiring 100 percent of AltaPacific Bank, both of Santa Rosa, California.
Newspaper: Not available
Federal Register: Not available
ANCHOR BANCORP, INC. * 3A1 Anchor Bancorp, Inc., Lacey, Washington, to become a bank holding company by acquiring 100 percent of Anchor Mutual Savings Bank, Aberdeen, Washington, upon conversion from a mutual savings bank to a stock savings bank.
Newspaper: Not available
Federal Register: Not available
COMMUNITY BANCSHARES, INC. * 3A3 Community Bancshares, Inc., Joseph, Oregon, to acquire at least 100 percent of BEO Bancorp and thereby its subsidiary bank, Bank of Eastern Oregon, both of Heppner, Oregon.
Newspaper: Not available
Federal Register: 07/19/2010
MERCHANTS HOLDING COMPANY CIC Yvonne LeMaitre, Woodland, California, co-trustee of the Bolton Family Trust, to retain 25 percent or more of Merchants Holding Company and thereby control Merchants National Bank of Sacramento, both of Sacramento, California.
Newspaper: Not available
Federal Register: 07/21/2010
OCEANIC HOLDING (BVI) LIMITED CIC John Kim Chuy Ng, San Juan, Philiippines, to acquire 27.78 percent of Oceanic Holding (BVI) Limited, Tortola, British Virgin Islands, and thereby indirectly acquire control of Oceanic Bank Holdings, Inc., and Oceanic Bank, both of San Francisco, California.
Newspaper: Not available
Federal Register: 07/22/2010
ONE MAIN STREET, LLC * 3A1 One Main Street, LLC, and One Main Street Management, LLC, both of New York, New York, to become bank holding companies by acquiring 100 percent of Liberty Bank, Inc., Salt Lake City, Utah.
Newspaper: Not available
Federal Register: 04/08/2010
SKBHC HOLDINGS, LLC * 3A1 SKBHC Holdings, LLC, Corona del Mar, California, to become a bank holding company by acquiring 100 percent of Starbuck Bancshares, Inc. and thereby indirectly the First National Bank of Starbuck, both of Starbuck, Minnesota.
Newspaper: Not available
Federal Register: 04/27/2010


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
PACIFIC ST BK, STOCKTON, CALIFORNIA 1158832 10/05/2009 06/28/2010 NI Small Bank


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