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

District: 12
Federal Reserve Bank of: San Francisco

Filings received during the week ending August 12, 2017

Filer

Filing Type

Filing Proposal

End of Comment Period

CHARLES SCHWAB CORPORATION, THE

* SLHC Acquisition

The Charles Schwab Corporation, San Francisco, California, to acquire Nordstrom FSB, Scottsdale, Arizona

Newspaper:	08/31/2017
Federal Register:	09/06/2017

FARMERS AND MERCHANTS BANK OF LONG BEACH

* Branch

Farmers & Merchants Bank of Long Beach, Long Beach, California, to establish a branch facility to be located at 1034 Santa Barbara Street, Santa Barbara, California.

Newspaper:	Not available
Federal Register:	Not applicable

MONTECITO BANCORP

CIC

Change in Bank Control filing for MBC Trust u/a/d April 1, 2017, Santa Barbara, California, and its Trustees Craig Zimmerman, Michelle Konoske and Joshua Rabinowitz, all of Santa Barbara, California, to retain voting shares of Montecito Bancorp, and thereby indirectly retain Montecito Bank & Trust, both of Santa Barbara, California.

Newspaper:	08/23/2017
Federal Register:	08/25/2017

UNITED BUSINESS BANK

* 18C

United Business Bank, Walnut Creek, California, to acquire and merge with Plaza Bank, Seattle, Washington.

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
ALLY BK, MIDVALE, UTAH	3284070	02/21/2017	08/04/2017	O	Large Bank

CRA Examinations scheduled for Quarter of

Institution	Location	Quarter
NONE

* Subject to the provisions of the Community Reinvestment Act

District: 12 Federal Reserve Bank of: San Francisco

Filings received during the week ending August 12, 2017

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 12
Federal Reserve Bank of: San Francisco