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 August 24, 2019

Filer Filing Type Filing Proposal End of Comment Period
ADYEN N.V. FBSEA Adyen, N.V., Amsterdam, Netherlands, to establish a branch in San Francisco, California, pursuant to Section 7(d) of the International Banking Act.
Newspaper: Not available
Federal Register: Not applicable
BANK OF HAWAII * Branch Bank of Hawaii, Honolulu, Hawaii, to establish a branch office in the Kahala Mall Shopping Center located at 4211 Waialae Avenue, Honolulu, Hawaii.
Newspaper: Not available
Federal Register: Not applicable
BAYCOM CORP * 3A5
* 18C
* Branch
1) BayCom Corp, Walnut Creek, California, to merge with TIG Bancorp,and thereby indirectly acquire First State Bank of Colorado, both of Greenwood Village, Colorado, 2)First State Bank of Colorado, Greenwood Village, Colorado, to merge with and into United Business Bank, Walnut Creek, California; and 3) United Business Bank to acquire 9 branch offices of First State Bank of Colorado.
Newspaper: Not available
Federal Register: 09/24/2019
EAST WEST BANK PWI East West Bank, Pasadena, California, proposes to make a public welfare investment of $10.0 million in the SDS Supportive Housing Fund, LP.
Newspaper: Not applicable
Federal Register: Not applicable
EAST WEST BANK PWI East West Bank, Pasadena, California, to make a public welfare investment of $10.0 million in the R4 California Housing Partners V LP, and up to $14.0 million in the R4 Silver Spring Housing Partners LP.
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 Fourth Quarter of 2019 (October 1, 2019 - December 31, 2019) and First Quarter of 2020 (January 1, 2020 - March 31, 2020)

Institution Location Quarter
OAK VALLEY CMNTY BK OAKDALE, CALIFORNIAFourth Quarter of 2019
PACIFIC MERC BK COSTA MESA, CALIFORNIAFirst Quarter of 2020
SILVERGATE BK LA JOLLA, CALIFORNIAFirst Quarter of 2020
TERRITORIAL SB HONOLULU, HAWAIIFirst Quarter of 2020

* 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