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

District: 12
Federal Reserve Bank of: San Francisco

Filings received during the week ending June 1, 2019

Filer

Filing Type

Filing Proposal

End of Comment Period

COMMUNITY BANCSHARES, INC.

CIC

Change in Bank Control filing by The BP & RP Trust, Bruce R. Penoske and Raelynn Penoske, both of Washington, Utah, Trustees, and Deana Rae Gillespie, Muskego, Wisconsin, Successor Trustee; Deana Rae Gillespie and Ryan James Gillespie, both of Muskego, Wisconsin; Bruce R. Penoske and Raelynn Penoske, both of Washington, Utah; Jared P. Goodale, Brentwood, California; and Myles Goodale, Boise, Idaho; to retain voting shares of Community Bancshares, Inc., and thereby indirect control of Community Bank, both of Joseph, Oregon.

Newspaper:	Not available
Federal Register:	06/06/2019

MAIN STREET BANK CORPORATION

* 3A1

Main Street Bank Corporation, Woodside, California, to become a bank holding company through the acquisition of First Colorado Financial Corp., and its subsidiary bank, First Colorado National Bank, both of Paonia, Colorado.

Newspaper:	06/17/2019
Federal Register:	06/24/2019

WESTERN ALLIANCE BANK

PWI

Western Alliance Bank, Phoenix, Arizona, requests prior approval to make a public welfare investment in the amount of $30 million in R4 Housing Partners XI LP.

Newspaper:	Not applicable
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
COMMERCEWEST BK, IRVINE, CALIFORNIA	3052813	01/07/2019	05/27/2019	S	Int Small Bank

CRA Examinations scheduled for Quarter of

Institution	Location	Quarter
NONE

* Subject to the provisions of the Community Reinvestment Act

District: 12 Federal Reserve Bank of: San Francisco

Filings received during the week ending June 1, 2019

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 12
Federal Reserve Bank of: San Francisco