Federal Reserve Release, H2, Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received

District: 1
Federal Reserve Bank of: Boston

Filings received during the week ending May 22, 2010

Filer

Filing Type

Filing Proposal

End of Comment Period

FHB FORMATION LLC

* 3A1

FHB Formation LLC, Boston, Massachusetts, to make investments into Northeast Bancorp and its wholly owned subsidiary, Northeast Bank, both of Lewiston, Maine, pursuant to section 3 of the Bank Holding Company Act, as amended.

Newspaper:	Not available
Federal Register:	Not available

STATE STREET BANK AND TRUST COMPANY

Investment

State Street Bank & Trust Company and State Street International Holdings (SSIH), both of Boston, Massachusetts, to invest additional amount in one or more subsidiaries of SSIH in excess of the aggregate investment limits pursuant to section 211.9(f) of Regulation K in connection with the acquisition of Eurogalleon Limited.

Newspaper:	Not applicable
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 Third Quarter of 2010 (July 1, 2010 - September 30, 2010)

Institution	Location
NONE

* Subject to the provisions of the Community Reinvestment Act

District: 1 Federal Reserve Bank of: Boston

Filings received during the week ending May 22, 2010

Availability of CRA Public Evaluations

CRA Examinations scheduled for Third Quarter of 2010 (July 1, 2010 - September 30, 2010)

District: 1
Federal Reserve Bank of: Boston