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 May 21, 2022

Filer

Filing Type

Filing Proposal

End of Comment Period

EAST WEST BANK

PWI

East West Bank, Pasadena, California, proposes to make a public welfare investment of $25.0 million in R4 California Housing Partners VII LP.

Newspaper:	Not applicable
Federal Register:	Not applicable

EAST WEST BANK

PWI

East West Bank, Pasadena, California, proposes to make an additional public welfare investment of $12.3 million in the Community Development and Affordable Housing Fund II, LLP.

Newspaper:	Not applicable
Federal Register:	Not applicable

FOREST HOLDINGS LLC

* 3A1

Forest Holdings LLC to become a bank holding company by acquiring West Valley National Bank, both of Goodyear, Arizona.

Newspaper:	Not available
Federal Register:	06/01/2022

WESTERN ALLIANCE BANK

* Branch

Western Alliance Bank, Phoenix, Arizona, proposes to establish a new branch office at 150 N Upper Wacker Drive, #2800, Chicago, Illinois.

Newspaper:	05/28/2022
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 Third Quarter of 2022 (July 1, 2022 - September 30, 2022) and Fourth Quarter of 2022 (October 1, 2022 - December 31, 2022)

Institution	Location	Quarter
FARMERS & MRCH BK	LONG BEACH, CALIFORNIA	Third Quarter of 2022
HERITAGE BK OF CMRC	SAN JOSE, CALIFORNIA	Fourth Quarter of 2022
UNITED BUS BK	WALNUT CREEK, CALIFORNIA	Fourth Quarter of 2022

* Subject to the provisions of the Community Reinvestment Act

District: 12 Federal Reserve Bank of: San Francisco

Filings received during the week ending May 21, 2022

Availability of CRA Public Evaluations

CRA Examinations scheduled for Third Quarter of 2022 (July 1, 2022 - September 30, 2022) and Fourth Quarter of 2022 (October 1, 2022 - December 31, 2022)

District: 12
Federal Reserve Bank of: San Francisco