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 September 28, 2019

Filer

Filing Type

Filing Proposal

End of Comment Period

CENTURY BANCORP, INC.

CIC

Notification Submitted Pursuant to 12 C.F.R. S 225.42(b)(1)(i) on behalf of Barbara J. Sloane, Barry R. Sloane, Linda Sloane Kay and Frank Dardeno with respect to Century Bancorp, Inc., Medford, Massachusetts.

Newspaper:	Not available
Federal Register:	Not available

GSB MUTUAL HOLDING COMPANY

* 3A1
* 3A3

Application by GSB Mutual Holding Company and GSB Bancorp, Inc., both of Guilford, Connecticut, to become a mutual and stock holding company, respectively, pursuant to sections 3(a)(1) and 3(a)(3) of the Bank Holding Company Act of 1956, as amended, in connection with the conversion of Guilford Savings Bank, Guilford, Connecticut from mutual to stock form.

Newspaper:	Not available
Federal Register:	Not available

NB FINANCIAL MHC

* 18C
* 3A1
* 3A3

NB Financial, MHC and NB Financial, Inc., both of Needham, Massachusetts, to become a mutual bank holding company and stock bank holding company, respectively, by acquiring Needham Bank, Needham, Massachusetts, pursuant to sections 3(a)(1) and 3(a)(3) of the Bank Holding Company Act of 1956, as amended.

Newspaper:	Not available
Federal Register:	Not available

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
WATERTOWN SVG BK, WATERTOWN, MASSACHUSETTS	886204	01/14/2019	09/27/2019	S	Int Small Bank

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 September 28, 2019

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 1
Federal Reserve Bank of: Boston