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: 2
Federal Reserve Bank of: New York

Filings received during the week ending March 10, 2007

Filer Filing Type Filing Proposal End of Comment Period
AMBOY BANCORPORATION EMPLOYEE STOCK OWNERSHIP PLAN * 3A1 Amboy Bancorporation Employee Stock Ownership Plan to become a bank holding company by acquiring up to 26% of the common stock of Amboy Bancorporation, both of Old Bridge, New Jersey.
Newspaper: 03/15/2007
Federal Register: 03/23/2007
BANCO SANTANDER INTERNATIONAL Other Foreign Banco Santander International, Miami, Florida, an Edge Corporation held by Banco Santander Central Hispano, Madrid, Spain, provided notice to the Board of Governors of the Federal Reserve System of its intention to establish a domestic branch in Seattle, Washington.
Newspaper: Not available
Federal Register: Not applicable
CHEMUNG CANAL TRUST COMPANY * 18C Chemung Canal Trust Company, Elmira, New York 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 to establish a branch in New York.
Newspaper: 04/05/2007
Federal Register: Not applicable
The Bank of New York Mellon Corporation * 3A1 The Bank of New York Mellon Corporation, New York, New York ("BNY Mellon") requests prior approval for the merger of Mellon Financial Corporation, Pittsburgh, Pennsylvania and The Bank of New York Company, Inc., New York, New York, and each of their subsidiary banks, with and into BNY Mellon.
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
NONE


CRA Examinations scheduled for     Quarter of

Institution Location
NONE

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