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

District: 2
Federal Reserve Bank of: New York

Filings received during the week ending August 20, 2011

Filer

Filing Type

Filing Proposal

End of Comment Period

AMBOY BANK

* Branch

Amboy Bank, Old Bridge, New Jersey, requests an after-the-fact approval to open a branch office located at 460 Georges Road, Dayton, Middlesex County, New Jersey.

Newspaper:	Not available
Federal Register:	Not applicable

FIRST BANCORP

CIC

Notice by Oaktree Capital Group Holdings GP, LLC, Oaktree Capital Group Holdings, L.P., Oaktree Capital Group, LLC, Oaktree AIF Holdings, Inc., Oaktree Holdings, LLC, Oaktree Holdings, Inc., OCM Holdings I, LLC, Oaktree Capital Management, L.P., Oaktree AIF Investments, L.P., Oaktree Capital I, L.P., Oaktree Fund GP I, L.P., Oaktree Fund GP III, L.P., Oaktree Principal Fund V GP, Ltd., Oaktree Fund GP AIF, LLC, Oaktree Principal Fund V GP, L.P., Oaktree Fund GP, LLC, Oaktree Principal Fund V, L.P., Oaktree Principal Fund V (Parallel), L.P., Oaktree Fund AIF Series, L.P.--Series I, Oaktree Principal Fund V (Delaware), L.P., and Oaktree FF Investment Fund AIF (Delaware), L.P., to gain control of First BanCorp, San Juan, Puerto Rico.

Newspaper:	08/24/2011
Federal Register:	Not available

GOLDMAN SACHS BANK USA

* Branch

Goldman Sachs Bank USA, New York, New York, to establish a branch office located at 222 South Main Street, Salt Lake City, Utah, pursuant to Section 208.6 of Regulation H.(RSSD #4313409)

Newspaper:	Not available
Federal Register:	Not applicable

SANTANDER HOLDINGS USA, INC.

Foreign Branch
Other Foreign
* 3A1
* 3A3

Santander Holdings USA, Boston, Massachusetts to become a bank holding company upon the conversion of its federal savings bank subsidiary Sovereign Bank, Wilmington, Delaware ("Sovereign") to a national bank, pursuant to Section 3(a)(1) of the BHC Act; and Banco Santander, S.A. Boadilla del Monte Madrid, Spain ("Santander") to retain control of Santander Holdings USA, Inc. and Sovereign upon Sovereign's conversion to a national bank, pursuant to Section 3(a)(3) of BHC Act. Sovereign request to establish two agreement corporations and provides notification of the establishment of an initial foreign branch, pursuant to Sections 211.5 and 211.3(b)(2) of Regulation K, respectively.

Newspaper:	09/01/2011
Federal Register:	09/02/2011

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 Forth Quarter of 2011 (October 1, 2011 - December 31, 2011)

Institution	Location
SOLVAY BK	SOLVAY, NEW YORK

* Subject to the provisions of the Community Reinvestment Act

District: 2 Federal Reserve Bank of: New York

Filings received during the week ending August 20, 2011

Availability of CRA Public Evaluations

CRA Examinations scheduled for Forth Quarter of 2011 (October 1, 2011 - December 31, 2011)

District: 2
Federal Reserve Bank of: New York