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: 2
Federal Reserve Bank of: New York

Filings received during the week ending December 3, 2005

Filer Filing Type Filing Proposal End of Comment Period
CHECKSPRING COMMUNITY CORPORATION * 3A1 Final application by CheckSpring Community Corporation, a Delaware corporation headquartered in Bronx, New York, for prior approval of the Board of Governors of the Federal Reserve System, pursuant to Section 3(a)(1) of the Bank Holding Company Act of 1956, as amended, to become a bank holding company through the acquisition of all the voting stock to be issued by CheckSpring Bank (in organization), a proposed de novo New York State chartered commercial Bank.
Newspaper: Not available
Federal Register: 11/29/2005
CITIBANK, N.A. Investment Citibank, N.A. (Citibank) and its Edge corporation subsidiary, Citibank Overseas Investment Corporation (COIC) 30 days' Prior Notice under Section 211.9(f) of Reg. K to make additional investments in Citibank Consumer Finance India Limited (CCFIL),New Delhi, India in excess of the individual limit set forth in Section 211.9(c)(1) of Regulation K. [A portion of filing is CONFIDENTIAL]
Newspaper: Not applicable
Federal Register: Not applicable
CITIBANK, N.A. Investment Citibank, N.A., New York, New York, and its Edge Corporation subsidiary, Citibank Overseas Investment Corporation, to inject additional capital into Diners Italia, Rome, Italy and DC UK, London, England.
Newspaper: Not applicable
Federal Register: Not applicable
ISRAEL SALT INDUSTRIES LTD. 4c8 Notice by Bank Hapoalim B.M., Arison Holdings Ltd. and Israel Salt Industries Ltd. all of Tel Aviv, Israel to acquire Investec USA, New York, NY and thereby engage in nonbanking activities pursuant to Sections 225.28(b)(6), (7) and (8) of Regulation Y.
Newspaper: Not applicable
Federal Register: Not available
RABOBANK NEDERLAND * 3A3 Application by Rabobank Nederland B.V. and Rabobank International Holdings B.V both of Utrecht, the Netherlands, and their direct and indirect subsidiairies Utrect-America Holdings, New York, New York and VIB Corporation, El Centro, California to acquire Central Coast Bancorp and thereby its banking subsidiairy Community Bank of Central California, both of Salinas, California pursuant to Section 3(a)(3) of the BHCA.
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
NONE

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