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: 1
Federal Reserve Bank of: Boston

Filings received during the week ending August 24, 2019

Filer Filing Type Filing Proposal End of Comment Period
CENTURY BANCORP, INC. CIC Notification Submitted Pursuant to 12 C.F.R. S 225.42(b)(1)(i) on behalf of Barbara J. Sloane, Barry R. Sloane, Linda Sloane Kay and Frank Dardeno with respect to Century Bancorp, Inc., Medford, Massachusetts.
Newspaper: Not available
Federal Register: Not available


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
FIRST IPSWICH BK, IPSWICH, MASSACHUSETTS 442806 04/08/2019 08/17/2019 S Int Small Bank


CRA Examinations scheduled for Fourth Quarter of 2019 (October 1, 2019 - December 31, 2019) and First Quarter of 2020 (January 1, 2020 - March 31, 2020)

Institution Location Quarter
PROFILE BK ROCHESTER, NEW HAMPSHIREFourth Quarter of 2019
READING CO-OP BK READING, MASSACHUSETTSFourth Quarter of 2019
SOUTH SHORE BK SOUTH WEYMOUTH, MASSACHUSETTSFourth Quarter of 2019
BANK RHODE ISLAND PROVIDENCE, RHODE ISLANDFirst Quarter of 2020
BROOKLINE BK BROOKLINE, MASSACHUSETTSFirst Quarter of 2020
NEEDHAM BK NEEDHAM, MASSACHUSETTSFirst Quarter of 2020
WALPOLE CO-OP BK WALPOLE, MASSACHUSETTSFirst Quarter of 2020

* 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

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Last update: August 29, 2019