Federal Reserve Release, H2, Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received

District: 3
Federal Reserve Bank of: Philadelphia

Filings received during the week ending March 13, 2021

Filer

Filing Type

Filing Proposal

End of Comment Period

NORTHEAST COMMUNITY BANCORP, MHC

* MHC Formation
* MHC Conversion

NorthEast Community Bancorp, MHC, White Plains, New York proposes to convert to stock form and merge with NorthEast Community Bancorp, Inc., White Plains, New York, which proposes to become a savings and loan holding company by acquiring 100 percent of NorthEast Community Bank, White Plains, New York.

Newspaper:	Not available
Federal Register:	04/16/2021

PATRIOT FINANCIAL PARTNERS LP

CIC

After the fact change in control notice filed by Patriot Financial Partners III, L.P. ; Patriot Financial Partners GP III, L.P.; Patriot Financial Partners GP III, LLC; Patriot Financial Advisors, L.P.; Patriot Financial Advisors, LLC; and Messrs. W. Kirk Wycoff, James J. Lynch and James F. Deutsch, collectively proposing to retain 23.06% of the shares of Georgia Banking Company, Inc., and thereby indirectly control its wholly own subsidiary Georgia Banking Company, both of Sandy Spring, GA.

Newspaper:	03/24/2021
Federal Register:	03/25/2021

PATRIOT FINANCIAL PARTNERS LP

CIC

Patriot Financial Partners, GP III, L.P., Patriot Financial Partners III, L.P., Patriot Financial Partners, GP III, LLC, Patriot Financial Advisors, L.P., Patriot Financial Advisors, LLC. and Messrs. W. Kirk Wycoff, James J. Lynch and James F. Deutsch collectively proposes to acquire up to 24.9% of the voting shares and thereby control of Volunteer Bancorp, Inc., Rogersville, TN.

Newspaper:	Not available
Federal Register:	03/30/2021

PB Bankshares, Inc.

4c8
* 3A1

PB Bankshares, Inc., Coatesville, Pennsylvania, to become a bank holding company by acquiring 100% Prosper Bank, Coatesville, Pennsylvania, upon its conversion from a mutual savings bank to a state chartered stock bank; and to engage in permissible non-banking activities pursuant to 12 C.F.R. 225.28(b)(1).

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	Quarter
NONE

* Subject to the provisions of the Community Reinvestment Act

District: 3 Federal Reserve Bank of: Philadelphia

Filings received during the week ending March 13, 2021

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 3
Federal Reserve Bank of: Philadelphia