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 24, 2019

Filer

Filing Type

Filing Proposal

End of Comment Period

MANUFACTURERS AND TRADERS TRUST COMPANY

* Branch

Manufacturers and Traders Trust Company, Buffalo, New York, to establish a branch office to be located at 3972 Campus Drive, College Park, Maryland.

Newspaper:	09/03/2019
Federal Register:	Not applicable

ORIENTAL BANK

* 3A3

OFG Bancorp, San Juan, Puerto Rico, to indirectly acquire 100 percent of Scotiabank de Puerto Rico, Hato Rey, Puerto Rico, pursuant to Section 3(a)(3) of the Bank Holding Company Act and Section 225.15 of Regulation Y.

Newspaper:	Not available
Federal Register:	09/23/2019

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
ADIRONDACK TC, SARATOGA SPRINGS, NEW YORK	645317	03/11/2019	08/23/2019	S	Int Small Bank

CRA Examinations scheduled for Fourth Quarter of 2019 (October 1, 2019 - December 31, 2019) and First Quarter of 2020 (January 1, 2020 - March 31, 2020)

Institution	Location	Quarter
CHEMUNG CANAL TC	ELMIRA, NEW YORK	Fourth Quarter of 2019
BANCO POPULAR DE PR	SAN JUAN, PUERTO RICO	First Quarter of 2020
BK OF MILLBROOK	MILLBROOK, NEW YORK	First Quarter of 2020
EMPIRE ST BK	NEWBURGH, NEW YORK	First Quarter of 2020
POPULAR BK	NEW YORK, NEW YORK	First Quarter of 2020

* Subject to the provisions of the Community Reinvestment Act

District: 2 Federal Reserve Bank of: New York

Filings received during the week ending August 24, 2019

Availability of CRA Public Evaluations

CRA Examinations scheduled for Fourth Quarter of 2019 (October 1, 2019 - December 31, 2019) and First Quarter of 2020 (January 1, 2020 - March 31, 2020)

District: 2
Federal Reserve Bank of: New York