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 November 25, 2017

Filer Filing Type Filing Proposal End of Comment Period
ALL WEST BANCORP CIC Change in Control Notice filed by Matthew Moskowitz, Plainview, New York, Yaakov Markowitz, Brooklyn, New York; Jarret Prussin, Westport, Connecticut, Paul Brown, Monte Carlo, Monaco, and Menachem Wilenkin, Brooklyn, New York, to acquire voting shares of All West Bancorp, and thereby indirectly acquire shares of FinWise Bank, both of Sandy, Utah.
Newspaper: Not available
Federal Register: 11/27/2017
CHARLES SCHWAB CORPORATION, THE * SLHC Acquisition Charles Schwab Corporation, Reno, Nevada, to establish a de novo depository institution, Charles Schwab Trust Bank, Henderson, Nevada, a state-chartered savings bank.
Newspaper: Not available
Federal Register: Not available
SILICON VALLEY BANK PWI Silicon Valley Bank, Santa Clara, California, requests prior approval to make a $25 million public welfare investment in Northern California Investment Fund II, L.P.
Newspaper: Not applicable
Federal Register: Not applicable
SILVERGATE BANK * Branch Silvergate Bank, La Jolla, California, proposes to open a new branch at 277 Rancheros Drive, Suite 300, San Marcos, California.
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 First Quarter of 2018 (January 1, 2018 - March 31, 2018) and Second Quarter of 2018 (April 1, 2018 - June 30, 2018)

Institution Location Quarter
COMMENCEMENT BK TACOMA, WASHINGTONFirst Quarter of 2018
TERRITORIAL SB HONOLULU, HAWAIIFirst Quarter of 2018
WESTAMERICA BK SAN RAFAEL, CALIFORNIAFirst Quarter of 2018
DBA OR PACIFIC BK FLORENCE, OREGONSecond Quarter of 2018
GREEN DOT BK PROVO, UTAHSecond Quarter of 2018
HERITAGE BK OF CMRC SAN JOSE, CALIFORNIASecond Quarter of 2018
PACIFIC PREMIER BK IRVINE, CALIFORNIASecond Quarter of 2018

* 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

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Last update: November 30, 2017