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: 12
Federal Reserve Bank of: San Francisco

Filings received during the week ending May 25, 2013

Filer Filing Type Filing Proposal End of Comment Period
CITIC GROUP CORPORATION 4c8 CITIC Group Corporation and CITIC Limited, both of Bejing, The People's Republic of China, to indirectly acquire CLSA Americas, LLC, New York, New York, and thereby engage in certain permissible nonbanking activities under Section 225.28(b)(6) and b(7) of Regulation Y.
Newspaper: Not applicable
Federal Register: 05/24/2013


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 2013 (July 1, 2013 - September 30, 2013)

Institution Location
BANK OF UT OGDEN, UTAH
COASTAL CMNTY BK EVERETT, WASHINGTON
COMMENCEMENT BK TACOMA, WASHINGTON
FARMERS & MRCH BK LONG BEACH, CALIFORNIA
OAK VALLEY CMNTY BK OAKDALE, CALIFORNIA
PACIFIC ENT BK IRVINE, CALIFORNIA

* Subject to the provisions of the Community Reinvestment Act

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

Home | Banking information and regulation
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Last update: May 30, 2013