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 February 15, 2020

Filer Filing Type Filing Proposal End of Comment Period
ADYEN N.V. FBSEA Adyen, N.V., Amsterdam, Netherlands, to establish a branch in San Francisco, California, pursuant to Section 7(d) of the International Banking Act.
Newspaper: Not available
Federal Register: Not applicable
COMMENCEMENT BANCORP, INC. * 3A1 Commencement Bancorp, Inc. to become a bank holding company by acquiring 100 percent of the voting common stock of Commencement Bank, both of Tacoma, Washington. In addition, Commencement Bancorp, Inc. elects to become a financial holding company.
Newspaper: Not available
Federal Register: Not available
GUVJEC INVESTMENT CORPORATION * 3A1 GUVJEC Investment Corporation, Baltimore, Maryland, to become a bank holding company by acquiring 100 percent of Farmington Bancorp, Bothell, Washington, and thereby indirectly acquire Farmington State Bank, Farmington, Washington.
Newspaper: Not available
Federal Register: 03/16/2020
RIVERVIEW FINANCIAL CORPORATION CIC Castle Creek Capital Partners VI, LP, and persons acting with or controlling Castle Creek Capital Partners VI, LP (Castle Creek Capital VI LLC, Castle Creek Advisors IV LLC, JME Advisory Corp., Pietrzak Advisory Corp., Scavuzzo Advisory Corp., Volk Advisory Corp., Rana Advisory Corp., John Eggemeyer, John Pietrzak, Anthony Scavuzzo, David Volk, and Sundeep Rana) of Rancho Santa Fe, California, to acquire voting shares of Riverview Financial Corporation, Harrisburg, Pennsylvania, and thereby acquire shares of Riverview Bank, Marysville, Pennsylvania.
Newspaper: Not available
Federal Register: 03/02/2020


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
OAK VALLEY CMNTY BK, OAKDALE, CALIFORNIA 1864197 10/21/2019 02/14/2020 O Int Small Bank
PACIFIC ENT BK, IRVINE, CALIFORNIA 3490871 07/15/2019 02/10/2020 S Int Small Bank


CRA Examinations scheduled for     Quarter of

Institution Location Quarter
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