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

District: 3
Federal Reserve Bank of: Philadelphia

Filings received during the week ending June 2, 2018

Filer

Filing Type

Filing Proposal

End of Comment Period

FREEHOLD MHC

* 3A5
* 3A1

Applications by Freehold MHC and Freehold Bancorp, both of Freehold, NJ, the parent companies of Freehold Savings Bank ("the Bank"), Freehold, NJ, to convert from savings and loan holding companies to bank holding companies, pursuant to Section 3(a)(1) of the Bank Holding Company Act of 1956, as amended, and Section 225.15 of Regulation Y, in connection with the Bank's conversion from a federally chartered savings bank to a state chartered savings bank. And subsequently Freehold MHC, and Freehold Bancorp, to merge with two new entities, Freehold MHC and Freehold Bancorp, both in formation, pursuant to Section 3(a)(5) of the Bank Holding Company Act of 1956, as amended, and Section 225.15 of Regulation Y.

Newspaper:	06/25/2018
Federal Register:	06/25/2018

HONAT BANCORP, INC.

CIC

Notice by Roger L. Dirlam, Honesdale, Pennsylvania, as custodian for Marlee Brooks Dirlam, Honesdale, Pennsylvania, and Drew Benson Dirlam, Honesdale, Pennsylvania, as trustee for the Trust for Marlee Brooks Dirlam and the Trust for Drew Benson Dirlam, as sole owner and controlling shareholder of Dirlam Brothers Lumber Co. Inc., Honesdale, Pennsylvania, and individually, pursuant to the Change in Bank Control Act of 1978 and Section 225.42(b)(2)(ii) of Regulation Y, to retain 10 percent or more of the shares of, and thereby control Honat Bancorp, Inc., Honesdale, Pennsylvania, which controls The Honesdale National Bank, Honesdale, Pennsylvania.

Newspaper:	06/25/2018
Federal Register:	06/22/2018

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	Quarter
NONE

* Subject to the provisions of the Community Reinvestment Act

District: 3 Federal Reserve Bank of: Philadelphia

Filings received during the week ending June 2, 2018

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 3
Federal Reserve Bank of: Philadelphia