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 October 20, 2007

Filer Filing Type Filing Proposal End of Comment Period
ANDHRA BANK FBSEA Andhra Bank, Hyderabad, India, to establish a representative office in Jersey City, New Jersey.
Newspaper: 07/24/2007
Federal Register: Not applicable
BANCO ESPIRITO SANTO DE INVESTIMENTO, S.A. FBSEA Banco Espirito Santo de Investimento, S.A., Lisbon, Portugal, to establish a branch in New York, New York, pursuant to Section 7(d) of the International Banking Act.
Newspaper: Not available
Federal Register: Not applicable
CITIBANK, N.A. Investment Prior notice by Citibank, N.A. ("Citibank"), Las Vegas, Nevada and Citibank Overseas Investment Corporation ("COIC"), New Castle, Delaware, pursuant to Section 211.9(f) of Regulation K, for an investment in LQ Inversiones Finacieras, S.A., Banco de Chile and their subsidiaries, all of Santiago, Chile.
Newspaper: Not applicable
Federal Register: Not applicable
DGZ DEKABANK DEUTSCHE KOMMUNALBANK FBSEA DekaBank Deutsche Girozentrale, Frankfurt am Main, Germany, to establish a representative office in New York, New York, pursuant to Section 211.24(a)(1) of Regulation K.
Newspaper: 11/05/2007
Federal Register: Not applicable
GREATER ROCHESTER BANCORP, INC. 3A1 Greater Rochester Bancorp, Inc. to become a one-bank holding company, pursuant to Section 3(a)(1) of the BHC Act and Section 225.17 of Regulation Y, by acquiring Genesee Regional Bank, both of Rochester, New York.
Newspaper: Not applicable
Federal Register: Not applicable
MANUFACTURERS AND TRADERS TRUST COMPANY * 18C Manufacturers and Traders Trust Company and M&T Bank Corporation, both of Buffalo, New York, to purchase assets and assume liabilities of twenty branches of First Tennessee Bank National Association, Memphis, Tennessee (which branches are operated under the trade name First Horizon Bank) and for M&T Bank to establish branches at such locations.
Newspaper: Not available
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     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