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

District: 12
Federal Reserve Bank of: San Francisco

Filings received during the week ending May 29, 2021

Filer

Filing Type

Filing Proposal

End of Comment Period

BANK OF HAWAII

PWI

Bank of Hawaii, Honolulu, Hawaii, proposes to make three public welfare investments as follows: a maximum of $6.0 million in NEF Hawaii Shared Investment Fund I, L.P., a maximum of $16.0 million in CREA Corporate Tax Credit Fund 50, LLC and a maximum of $265,326 in Hunt Capital Partners Tax Credit Fund 29, LP.

Newspaper:	Not applicable
Federal Register:	Not applicable

FRIENDLY HILLS BANK

* 18C

Friendly Hills Bank, Whittier, California, to acquire certain deposit liabilities, assume the leases, and purchase certain fixed assets, of three branch locations of Bank of Southern California National Association, San Diego, California. Friendly Hills Bank will also consolidate one of the acquired Bank of Southern California, National Association branches into an existing Friendly Hills Bank branch.

Newspaper:	Not available
Federal Register:	Not applicable

PEAK BANCORP, INC

* 3A1

Peak Bancorp, Inc to become a bank holding company by acquiring Idaho First Bank, both of McCall, Idaho.

Newspaper:	Not available
Federal Register:	05/05/2021

SVB FINANCIAL GROUP

* 3A5
* 18C
* Branch

SVB Financial Group, Santa Clara, California, to merge with Boston Private Financial Holdings, Inc. and thereby indirectly acquire Boston Private Bank & Trust Company; both of Boston, Massachusetts; 2) Boston Private Bank & Trust Company, Boston, Massachusetts, to merge with and into Silicon Valley Bank, Santa Clara, California; 3) Silicon Valley Bank to acquire 19 branch offices of Boston Private Bank & Trust Company; and 4)Silicon Valley Bank, Santa Clara, California, to exercise trust powers.

Newspaper:	Not available
Federal Register:	04/07/2021

TAIWAN COOPERATIVE BANK, LTD.

FBSEA

Taiwan Cooperative Bank, Ltd., Taipei, Taiwan, to establish a branch office in Houston, Texas, pursuant to section 211.24(a)(1) of Regulation K and section 7(d) of FBSEA.

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	Quarter
NONE

* Subject to the provisions of the Community Reinvestment Act

District: 12 Federal Reserve Bank of: San Francisco

Filings received during the week ending May 29, 2021

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 12
Federal Reserve Bank of: San Francisco