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 May 25, 2019

Filer

Filing Type

Filing Proposal

End of Comment Period

ABSA BANK LIMITED

FBSEA

Absa Bank Limited, Johannesburg, South Africa, to establish a representative office in New York, New York, pursuant to Section 10(a) of the International Banking Act of 1978, as amended, and Section 211.24(a)(1) of Regulation K.

Newspaper:	06/19/2019
Federal Register:	Not applicable

POPULAR BANK

* Branch

Popular Bank, New York, New York, to establish a branch office to be located at 1979 Ralph Avenue, Brooklyn, New York 11234.

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
NONE

CRA Examinations scheduled for Third Quarter of 2019 (July 1, 2019 - September 30, 2019) and Fourth Quarter of 2019 (October 1, 2019 - December 31, 2019)

Institution	Location	Quarter
GOLDMAN SACHS BK USA	NEW YORK, NEW YORK	Third Quarter of 2019
CHEMUNG CANAL TC	ELMIRA, NEW YORK	Fourth Quarter of 2019

* Subject to the provisions of the Community Reinvestment Act

District: 2 Federal Reserve Bank of: New York

Filings received during the week ending May 25, 2019

Availability of CRA Public Evaluations

CRA Examinations scheduled for Third Quarter of 2019 (July 1, 2019 - September 30, 2019) and Fourth Quarter of 2019 (October 1, 2019 - December 31, 2019)

District: 2
Federal Reserve Bank of: New York