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 April 22, 2006

Filer Filing Type Filing Proposal End of Comment Period
EMPIRE STATE BANK, NATIONAL ASSOCIATION 3A1 ES Bancshares, Inc., Newburgh, New York, to become a one bank holding company with respect to Empire State Bank, National Association, Newburgh, New York pursuant to Section 3(a)(C) of the Bank Holding Company Act of 1956, as amended and Section 225.17 of Regulation Y.
Newspaper: Not applicable
Federal Register: Not applicable
GOVERNOR AND COMPANY OF THE BANK OF IRELAND, THE FBSEA The Governor and Company of The Bank of Ireland, Dublin, Ireland, to establish a branch office in Stamford, Connecticut, pursuant to Section 211.24(a)(2)(i)(A) of Reg K.
Newspaper: Not available
Federal Register: Not applicable
HSBC HOLDINGS PLC * 3A3 HSBC Holdings plc and HSBC Overseas Holdings (UK) Limited, both of London, United Kingdom, and their direct and indirect U.S. subsidiaries, HSBC North America Holdings Inc., HSBC Investments (North America) Inc., HSBC North America Inc., all of Wilmington, Delaware, and HSBC USA Inc., Baltimore, Maryland ("HUSA") to acquire a bank pursuant to Section 3(a)(3) of the Bank Holding Company Act of 1956, as amended, by converting HUSA''s limited purpose and non-depository trust bank subsidiary, HSBC Trust Company (Delaware), N.A., Wilmington, Delaware, into a full service bank.
Newspaper: Not available
Federal Register: 05/19/2006
MANUFACTURERS AND TRADERS TRUST COMPANY * Branch Manufacturers and Traders Trust Company, Buffalo, New York, requests approval to establish a full-service branch located at 117 South 18th Street, Philadelphia, Pennsylvania.
Newspaper: 05/04/2006
Federal Register: Not applicable
MIZRAHI TEFAHOT BANK LTD. FBSEA Mizrahi Tefahot Bank Ltd. (the "Bank"), Ramat-Gan, Israel, is applying to the Board, under Section 211.24(a)(1) of Regulation K, to establish a branch in New York, New York by relocating the Bank's Los Angeles, California FDIC-insured branch. In addition, the Bank is applying to the Board, under Section 211.24(a)(1), to establish a representative office in Los Angeles, California, which will serve as a liaison office with the Bank's remaining California-based customers.
Newspaper: Not available
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
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