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 August 27, 2016

Filer Filing Type Filing Proposal End of Comment Period
COMMENCEMENT BANK * 18C
* Branch
Commencement Bank, Tacoma, Washington, to merge with Thurston First Bank, Olympia, Washington, and thereby acquire one branch office.
Newspaper: 08/30/2016
Federal Register: Not applicable
FIRST FINANCIAL NORTHWEST, INC. CIC First Financial Northwest, Inc., Employee Stock Ownership Trust, Renton, Washington, seeks retroactive non-objection under the Change in Bank Control Act to increase its holdings of the voting common stock of First Financial Northwest, Inc., from 9.98 percent to a maximum of 12.86 percent, and thereby First Financial Northwest Bank, both of Renton, Washington, as a result of Bancorp's 2016 stock repurchases.
Newspaper: Not available
Federal Register: 09/06/2016
FIRST FINANCIAL NORTHWEST, INC. CIC First Financial Northwest Foundation, Renton, Washington, seeks retroactive non-objection under the Change in Bank Control Act to increase its holdings of the voting common stock of First Financial Northwest, Inc., from 9.63 percent to a maximum of 12.41 percent, and thereby First Financial Northwest Bank, both of Renton, Washington, as a result of Bancorp's 2016 stock repurchases.
Newspaper: Not available
Federal Register: 09/06/2016
NHB HOLDINGS, INC. CIC Brink Investments, Christina Ann Fink, Orlando, Florida, Robert Thomas Fink, Fayetteville, Arkansas, and Timothy Russell Brose, St. Petersburg, Florida, for approval to retain over 10 percent of the voting shares of NHB Holdings, Inc., which owns Proficio Bank, both of Cottonwood Heights, Utah.
Newspaper: 07/15/2014
Federal Register: Not available
OLYMPIC BANCORP, INC. CIC Change in Bank Control Notice filed by Helen Langer Smith; Cynthia Langer Smith; Melinda S. Pigors; Stephanie Meredith Smith; The Living Trust for the benefit of Stephanie Meredith Smith, Helen Langer Smith and Cynthia Langer Smith, Co-Trustees; The Pigors Family Trust dated December 9, 1994, Michael K. Pigors and Melinda S. Pigors, Co-Trustees; and Michael K. Pigors; to retain control of Olympic Bancorp, Inc., and thereby indirectly of Kitsap Bank, both of Port Orchard, Washington.
Newspaper: 09/05/2016
Federal Register: 09/06/2016
WELLS FARGO & COMPANY CIC Change in Bank Control Notice filed by Berkshire Hathaway, Inc., et al, Omaha, Nebraska, to acquire over 10.0 percent of the voting common stock of Wells Fargo & Company, San Francisco, California.
Newspaper: Not available
Federal Register: 07/19/2016


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