District 12: Federal Reserve Bank of San Francisco PDF

Filings received during the week ending July 15, 2023

FilerFiling TypeFiling ProposalEnd of Comment Period
NewspaperFederal Register
BANCORP 34, INC.* 3A3
* 3A5
Bancorp 34, Inc., Scottsdale, Arizona, to acquire CBOA Financial, Inc., and its subsidiary bank, Commerce Bank of Arizona, Inc., both of Tucson, Arizona, pursuant to sections 3(a)(3) and 3(a)(5) of the Bank Holding Company Act.Not available08/04/2023
BIG POPPY HOLDINGS, INC.* 3A3Big Poppy Holdings, Inc. to acquire additional shares of Summit State Bank, both of Santa Rosa, California, Not available08/21/2023

* Subject to the provisions of the Community Reinvestment Act

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 / LocationRSSD IDExam DateCRA Public DateCRA RatingExam Method
OAK VALLEY CMNTY BK, OAKDALE, CALIFORNIA186419704/27/202301/17/2023OInt Small Bank
CRA Examinations scheduled for    Quarter of
InstitutionLocationQuarter
NONE
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Last Update: July 20, 2023