Federal Reserve Release, H2, Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received

Release dates | Full version (300 KB PDF)
Actions by the Board | Actions under delegated authority
Applications and reports:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco

District: 4
Federal Reserve Bank of: Cleveland

Filings received during the week ending February 18, 2006

Filer Filing Type Filing Proposal End of Comment Period
ENTERPRISE EMPLOYEE STOCK OWNERSHIP TRUST * 3A1
* 3A3
Enterprise Financial Services Group, Inc., Allison Park, Pennsylvania, to acquire 100 percent of the Class A Common Stock of Enterprise Bank, Allison Park, Pennsylvania, and thus become a bank holding company. Subsequently, Enterprise Employee Stock Ownership Plan, Allison Park, Pennsylvania wwould acquire 22 percent of the Class A Common Stock of Enterprise Financial Services Group, and also become a bank holding company. Seed Money Limited Partnership to acquire control of Enterprise Financial Services Group, Inc. and indirect control of Enterprise Bank, all of Allison Park, Pennsylvania
Newspaper: 03/07/2006
Federal Register: 03/10/2006
FIFTH THIRD BANK * Branch Fifth Third Bank, Cincinnati, OH to establish a branch at 1379 North Shoop Avenue, Wauseon, OH.
Newspaper: 02/24/2006
Federal Register: Not applicable
FIFTH THIRD BANK * Branch FIfth Third Bank, Cincinnati, OH to establish a branch at 3033 Heritage Green Drive, Monroe, OH.
Newspaper: 01/27/2006
Federal Register: Not applicable
FIFTH THIRD BANK * Branch Fifth Third Bank, Cincinnati, OH to establsih a branch at 16453 Libby Road, Maple Heights, OH.
Newspaper: 02/11/2006
Federal Register: Not applicable
FIFTH THIRD BANK * Branch Fifth Third Bank, Cincinnati, OH to establsih a branch at 19053 Bagley Road, Middleburg Heights, OH.
Newspaper: 02/11/2006
Federal Register: Not applicable
FIFTH THIRD BANK * Branch Fifth Third Bank, Grand Rapids, MI to establish a branch at 20399 Gibraltar Road, Brownstown, MI.
Newspaper: 02/11/2006
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 Second Quarter of 2006 (April 1, 2006 - June 30, 2006)

Institution Location
CITIZENS DEPOSIT B&TC VANCEBURG, KENTUCKY
COMMUNITY TR BK INC PIKEVILLE, KENTUCKY
HEARTLAND BK GAHANNA, OHIO
IRON & GLASS BK PITTSBURGH, PENNSYLVANIA
SAINT HENRY BK SAINT HENRY, OHIO

Release dates | Full version (300 KB PDF)
Actions by the Board | Actions under delegated authority
Applications and reports:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco