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 May 23, 2020

Filer

Filing Type

Filing Proposal

End of Comment Period

PATRIOT FINANCIAL PARTNERS LP

CIC

Patriot Financial Partners, GP II, L.P., Patriot Financial Partners II, L.P., Patriot Financial Partners Parallel II, L.P., Patriot Financial Partners, GP II, LLC, Patriot Financial Manager, L.P., Patriot Financial Manager, LLC. and Messrs. W. Kirk Wycoff, James J. Lynch and Ira M. Lubert, all of Radnor, PA, as members of a group acting in concert to acquire up to 24.9% of the issued and outstanding common stock of Avidbank Holdings, Inc. and thereby indirectly control its wholly own subsidiary Avidbank, both of San Jose, California.

Newspaper:	06/05/2020
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
NONE

CRA Examinations scheduled for Third Quarter of 2020 (July 1, 2020 - September 30, 2020) and Fourth Quarter of 2020 (October 1, 2020 - December 31, 2020)

Institution	Location	Quarter
CUSTOMERS BK	PHOENIXVILLE, PENNSYLVANIA	Third Quarter of 2020

* Subject to the provisions of the Community Reinvestment Act

District: 3 Federal Reserve Bank of: Philadelphia

Filings received during the week ending May 23, 2020

Availability of CRA Public Evaluations

CRA Examinations scheduled for Third Quarter of 2020 (July 1, 2020 - September 30, 2020) and Fourth Quarter of 2020 (October 1, 2020 - December 31, 2020)

District: 3
Federal Reserve Bank of: Philadelphia