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 February 24, 2007

Filer

Filing Type

Filing Proposal

End of Comment Period

AMBOY BANCORPORATION EMPLOYEE STOCK OWNERSHIP PLAN

* 3A1

Amboy Bancorporation Employee Stock Ownership Plan requests approval to become a bank holding company, pursuant to Section 3(a)(1) of the BHC Act of 1956 and Section 225.15 of Regulation Y, by acquiring common stock of Amboy Bancorporation, both of Old Bridge, New Jersey.

Newspaper:	Not available
Federal Register:	03/23/2007

CHEMUNG CANAL TRUST COMPANY

* 18C

Chemung Canal Trust Company, Elmira, New York, pursuant to Section 18(c) of the Federal Deposit Insurance Act for prior approval of the Board of Governors of the Federal Reserve System (the ?Board?), to merge with Partners Interim Bank, a wholly-owned subsidiary of Partners Trust Bank (?Partners Trust?), both of Utica, New York, and thereby acquire certain trust accounts from Partners Trust.

Newspaper:	Not available
Federal Register:	Not applicable

CHINA MERCHANTS BANK CO. LTD.

FBSEA

China Merchants Bank Co., Ltd.,Shenzhen, Peoples Republic of China is applying to establish a branch, under Section 211.24(a)(1) of Regulation K, in New York.

Newspaper:	Not available
Federal Register:	Not applicable

CITIBANK, N.A.

Investment

30 days prior notice by Citibank, N.A., Las Vegas, Nevada, on behalf of its Edge corporation subsidiary, Citibank Overseas Investment Corporation, New Castle, Delaware, under Section 25A of the Federal Reserve Act and Section 211.9(f) of Regulation K, to acquire Egg Banking plc ("Egg"), London, United Kingdom, that is not eligible for the general consent provision of Regulation K 211.9(b)(2) and an application for the Board's specific consent to waive the amount of this acquisition of and additional investment in Egg from the aggregate investment limit of 211.9(b)(6)(i) of Regulation K.

Newspaper:	Not applicable
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 2007 (April 1, 2007 - June 30, 2007)

Institution	Location
ADIRONDACK TC	SARATOGA SPRINGS, NEW YORK
BANK OF NY	NEW YORK, NEW YORK
FIVE STAR BK	WARSAW, NEW YORK

District: 2 Federal Reserve Bank of: New York

Filings received during the week ending February 24, 2007

Availability of CRA Public Evaluations

CRA Examinations scheduled for Second Quarter of 2007 (April 1, 2007 - June 30, 2007)

District: 2
Federal Reserve Bank of: New York