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: 12
Federal Reserve Bank of: San Francisco

Filings received during the week ending August 12, 2006

Filer Filing Type Filing Proposal End of Comment Period
BANK HOLDINGS, THE CIC Notice by Brett D. Barker Bank Stock Fund, Devere E. Barker Bank Stock Fund, and Jeffrey Barker Bank Stock Fund, Sparks, Nevada, to acquire up to 15.2 percent of The Bank Holdings and thereby indirectly acquire Nevada Security Bank, both of Reno, Nevada.
Newspaper: 08/29/2006
Federal Register: Not available
BELVEDERE CAPITAL FUND II L.P. * 3A3 Belvedere Capital Fund II, L.P., and Belvedere Capital Partners II LLC, both of San Francisco, California, to acquire up to 15 percent of Promerica Bank (In Organization), Los Angeles, California.
Newspaper: 09/02/2006
Federal Register: 09/05/2006
CATHAY FINANCIAL HOLDING CO., LTD. * 3A1 Cathay Financial Holding Co., Ltd., and Cathay Life Insurance Co., Ltd., to acquire up to 9.99 percent of First Financial Holding Co., Ltd., and Chinatrust Financial Holding Co., Ltd., all of Taipei, Taiwan.
Newspaper: Not available
Federal Register: Not available
COMMUNITY BANCORP * 3A3 Community Bancorp, Las Vegas, Nevada, to acquire 100 percent of Cactus Commerce Bank, Glendale, Arizona.
Newspaper: 08/24/2006
Federal Register: 08/25/2006
COMMUNITY BANK OF NEVADA * 18C
* Branch
Community Bank of Nevada to merge with Valley Bank, both of Las Vegas, Nevada, and thereby acquire five branch ofices of Valley Bank, all located in Nevada.
Newspaper: Not available
Federal Register: Not applicable
INDUSTRIAL BANK OF TAIWAN CO., LTD., THE * 3A1 The Industrial Bank of Taiwan Co., Ltd., Taipei, Taiwan, and IBT Holdings Corp., Cerritos, California, to become bank holding companies by acquiring 100 percent of EverTrust Bank, City of Industry, California.
Newspaper: Not available
Federal Register: 09/07/2006


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