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

District: 2
Federal Reserve Bank of: New York

Filings received during the week ending December 7, 2019

Filer

Filing Type

Filing Proposal

End of Comment Period

BANK OF NEW YORK MELLON, THE

Foreign Branch

The Bank of New York Mellon, New York, New York, to establish a branch pursuant to Section 211.3(b)(3)of Regulation K.

Newspaper:	Not applicable
Federal Register:	Not applicable

BANK OF NEW YORK MELLON, THE

Foreign Branch

The Bank of New York Mellon, New York, New York, to establish a branch pursuant to Section 211.3(b)(3)of Regulation K.

Newspaper:	Not applicable
Federal Register:	Not applicable

FIRST BANCORP

* 3A1
* 3A3

First Bancorp, San Juan, Puerto Rico, to indirectly acquire 100 percent of Banco Santander Puerto Rico, San Juan, Puerto Rico, pursuant Section 3(a)(3) of the Bank Holding Company Act of 1956, as amended (BHC Act). In addition, FirstBank Puerto Rico, San Juan, Puerto Rico, to become a bank holding company by acquiring Banco Santander Puerto Rico, for a moment in time, pursuant to Section 3(a)(1) of the BHC Act.

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
NONE

CRA Examinations scheduled for Quarter of

Institution	Location	Quarter
NONE

* Subject to the provisions of the Community Reinvestment Act

District: 2 Federal Reserve Bank of: New York

Filings received during the week ending December 7, 2019

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 2
Federal Reserve Bank of: New York