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

District: 3
Federal Reserve Bank of: Philadelphia

Filings received during the week ending April 29, 2017

Filer

Filing Type

Filing Proposal

End of Comment Period

WALLKILL VALLEY BANCORP MHC

* MHC Formation
* MHC Merger

Application for Wallkill Valley Bancorp MHC, Wallkill, New York, to become a federal mutual holding company, and Wallkill Valley Bancorp, Inc., Wallkill, New York, to become a savings and loan holding company, by acquiring 100% of Wallkill Valley Federal Savings and Loan Association, Wallkill, NY, following its conversion from a federal mutual savings and loan association to a federal stock savings association, and for the subsequent acquisition of Hometown Bancorp MHC and Hometown Bancorp, Inc., both of Walden, New York, and, indirectly, Hometown Bank of the Hudson Valley, Walden, New York, pursuant to section 10(e) of the Home Owners Loan Act.

Newspaper:	05/30/2017
Federal Register:	05/26/2017

WOODLANDS FINANCIAL SERVICE COMPANY

CIC

Firetree, Ltd., Williamsport, Pennsylvania, individually and as part of a group acting in concert including Firetree, Ltd.; William Brown, Muncy, Pennsylvania; Donna Spitler, Wooster, Ohio; Thomas Spitler, Wooster, Ohio; and Perter Went, Jersey City, New Jersey, has applied to the Federal Reserve Board for permission to retain voting shares of Woodlands Financial Services Company, Williamsport, Pennsylvania, and thereby retain shares of Woodlands Bank, Williamsport, Pennsylvania.

Newspaper:	05/16/2017
Federal Register:	05/18/2017

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

District: 3 Federal Reserve Bank of: Philadelphia

Filings received during the week ending April 29, 2017

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 3
Federal Reserve Bank of: Philadelphia