District 1: Federal Reserve Bank of Boston PDF

Filings received during the week ending November 11, 2023

FilerFiling TypeFiling ProposalEnd of Comment Period
NewspaperFederal Register
MUTUAL BANCORP* 3A3
* 3A5
Application submitted by Mutual Bancorp, a Massachusetts mutual holding company headquartered in Hyannis, Massachusetts, in connection with (a) the proposed merger of Fidelity Mutual Holding Company ("Fidelity MHC"), a Massachusetts mutual holding company headquartered Leominster, Massachusetts, with and into Mutual Bancorp, with Mutual Bancorp as the surviving entity, and thereby acquire, Life Design Holding Company ("LDHC"), a Massachusetts corporation and wholly-owned subsidiary of Fidelity MHC, and (b) immediately thereafter, merge LDHC with and into Mutual Bancorp, with Mutual Bancorp as the surviving entity.Not available12/04/2023

* Subject to the provisions of the Community Reinvestment Act

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 / LocationRSSD IDExam DateCRA Public DateCRA RatingExam Method
ABINGTON BK, ABINGTON, MASSACHUSETTS6147612/18/202207/18/2022SInt Small Bank
CRA Examinations scheduled for    Quarter of
InstitutionLocationQuarter
NONE
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Last Update: November 16, 2023