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 October 3, 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

LENDINGCLUB CORPORATION

4c8
* 3A1

LendingClub Corporation, San Francisco, California, to become a bank holding company, by acquiring the voting shares of Radius Bancorp, Inc. and thereby indirectly acquire Radius Bank, both of Boston, Massachusetts, upon the conversion of Radius Bank from a federal savings bank to a national bank, and (2) LendingClub Corporation, directly and indirectly through its wholly-owned subsidiaries, LendingClub Warehouse I, LLC, LendingClub Warehouse II, LLC, and Consumer Loan Underlying Bond Depositor, LLC, all of San Francisco, California, to engage de novo in extending credit and servicing loans pursuant to Section 225.28(b)(1), activities related to extending credit pursuant to Section 225.28(b)(2), and data processing pursuant to Section 225.28(b)(14) of Regulation Y.

Newspaper:	Not available
Federal Register:	11/05/2020

MISSION BANK

* Branch

Mission Bank, Bakersfield, California, proposes to establish a branch office at 1150 Osos Street, Suite 202, San Luis Obispo, California.

Newspaper:	10/13/2020
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
NONE

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 October 3, 2020

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 12
Federal Reserve Bank of: San Francisco