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 July 6, 2019

Filer

Filing Type

Filing Proposal

End of Comment Period

HOMETOWN BANK

* 18C

Hometown Bank, Oxford, Massachusetts ("Hometown") to acquire Millbury Savings Bank, Millbury, Massachusetts ("Millbury"), with Hometown as the surviving entity. Hometown intends to operate all Millbury branches located in Millbury and Worcester, all of Massachusetts.

Newspaper:	07/19/2019
Federal Register:	Not applicable

Middlesex Federal MHC

* MHC Formation

Application to reorganize into a MHC structure through the formation of Middlesex Federal MHC, Somerville, Massachusetts, that will control Middlesex Federal Savings, F.A., Somerville, Massachusetts.

Newspaper:	Not available
Federal Register:	Not available

PROVIDENT BANCORP

* 3A1

Application by Provident Bancorp Inc., Amesbury, Massachusetts (a newly formed Maryland corporation) to acquire 100% of the outstanding capital stock of Provident Bank, Amesbury, Massachusetts, pursuant to section 3(a)(1) of the Bank Holding Company Act of 1956, as amended, in connection with the second-step conversion of Provident Bancorp, Amesbury, Massachusetts, from a mutual to stock form.

Newspaper:	Not available
Federal Register:	07/16/2019

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: 1 Federal Reserve Bank of: Boston

Filings received during the week ending July 6, 2019

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 1
Federal Reserve Bank of: Boston