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 December 6, 2008

Filer Filing Type Filing Proposal End of Comment Period
1ST SECURITY BANCORP, INC. * 3A1 1st Security Bancorp, Inc., to become a bank holding company by acquiring 100 percent of 1st Security Bank of Washington, both of Mountlake Terrace, Washington, upon the conversion from a mutual savings bank to a stock savings bank.
Newspaper: Not available
Federal Register: 12/29/2008
ANCHOR BANCORP, INC. * 3A1 Anchor Bancorp, Inc., Lacey, Washington, to become a bank holding company by acquiring 100 percent of Anchor Mutual Savings Bank, Aberdeen, Washington, upon conversion from a mutual savings bank to a stock savings bank.
Newspaper: 12/30/2008
Federal Register: 01/02/2009
CARPENTER FUND MANAGER GP, LLC * 3A1
* 3A3
Carpenter Fund Manager GP LLC, Carpenter Fund Management Company LLC, Carpenter Community Bancfund L.P., Carpenter Community Bancfund-A, L.P., Carpenter Community Bancfund-CA L.P., CCFW, Inc., and SCJ, Inc., all of Irvine, California, to: 1) acquire CG Holdings, Inc., Irvine, California, and indirectly acquire up to 80 percent of California General Bank, N.A, (in organization), Pasadena, California; and 2) CG Holdings, Inc., Irvine, California, to become a bank holding company by acquiring up to 80 percent of California General Bank, N.A. (in organization), Pasadena, California.
Newspaper: 12/24/2008
Federal Register: 01/02/2009
CARPENTER FUND MANAGER GP, LLC * 3A3 Carpenter Fund Manager GP, LLC, Carpenter Fund Management Company, LLC, Carpenter Community Bancfund, L.P., Carpenter Community Bancfund-A,L.P., Carpenter Community Bancfund-CA, L.P., CCFW, Inc., and SCJ, Inc., all of Irvine, California, to acquire Bridge Capital Holdings, and thereby its subsidiary, Bridge Bank, N.A., both of San Jose, California.
Newspaper: Not available
Federal Register: Not available
CELTIC INVESTMENT, INC. 3A1 Celtic Investment, Inc., to become a bank holding company upon the conversion of Celtic Bank Corporation, both of Salt Lake City, Utah, from an industrial bank to a commercial bank, pursuant to section 3(a)(1) of the Bank Holding Company Act.
Newspaper: Not applicable
Federal Register: Not applicable
MARLIN BUSINESS SERVICES CORP. 4c8
Member
* 3A1
Marlin Business Services Corp., Mount Laurel, New Jersey, to: 1) become a bank holding company upon the conversion of Marlin Business Bank, Salt Lake City, Utah, from an industrial bank to a commercial bank, pursuant to section 3(a)(1) of the Bank Holding Company Act; 2) Marlin Business Services Corp. to engage indirectly in equipment leasing services through Marlin Leasing Corporation, both of Mount Laurel, New Jersey, pursuant to section 225.28(b)(3) of Regulation Y and 4(c)(8) of the Bank Holding Company Act; and 3) Marlin Business Bank, Salt Lake City, Utah, to become a member of the Federal Reserve System.
Newspaper: Not available
Federal Register: 12/12/2008
SILVERGATE CAPITAL CORPORATION 3A1 Silvergate Capital Corporation to become a bank holding company upon the conversion of Silvergate Bank, both of La Jolla, California, from an industrial bank to a commercial bank, pursuant to section 3(a)(1) of the Bank Holding Company Act.
Newspaper: Not applicable
Federal Register: Not applicable
TAMALPAIS BANCORP 4c8
* 3A1
Tamalpais Bancorp to: 1) become a bank holding company upon the conversion of Tamalpais Bank, both of San Rafael, California, from an industrial bank to a commercial bank, pursuant to section 3(a)(1) of the Bank Holding Company Act; and 2)engage in financial and investment advisory activities through Tamalpais Wealth Advisors, San Rafael, California, pursuant to sections 4(c)(8) of the Bank Holding Company Act, and 225.28(6)(i) of Regulation Y.
Newspaper: Not available
Federal Register: 12/18/2008


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
GOLD CANYON BK, GOLD CANYON, ARIZONA 3304428 07/28/2008 11/19/2008 S Small Bank
UNITED SCTY BK, FRESNO, CALIFORNIA 1162017 07/21/2008 11/24/2008 O Int Sm Bank


CRA Examinations scheduled for     Quarter of

Institution Location
NONE

* Subject to the provisions of the Community Reinvestment Act

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