Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
District 12: Federal Reserve Bank of San Francisco PDF
Filings received during the week ending November 23, 2024
| Filer | Filing Type | Filing Proposal | End of Comment Period | |
|---|---|---|---|---|
| Newspaper | Federal Register | |||
| OAK VALLEY COMMUNITY BANK | * Branch (Domestic) | Oak Valley Community Bank, Oakdale, California, to establish a branch office at 31 S School Street, Lodi, California | 12/06/2024 | Not applicable |
| WESTAMERICA BANCORPORATION | Public Welfare Investment | Westamerica Bank, San Rafael, California, to make a public welfare investment in Raymond James Tax Credit Fund 54. | Not applicable | Not applicable |
| WESTAMERICA BANK | Public Welfare Investment | Westamerica Bank, San Rafael, California, seeking approval to make a public welfare investment in R4 Housing Partners XXIII LP. | Not applicable | Not applicable |
* 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 / Location | RSSD ID | Exam Date | CRA Public Date | CRA Rating | Exam Method |
|---|---|---|---|---|---|
| UNIBANK, LYNNWOOD, WASHINGTON | 3487947 | 07/05/2024 | 07/31/2023 | S | Int Small Bank |
CRA Examinations scheduled for First Quarter of 2025 (January 1, 2025 - March 31, 2025) and Second Quarter of 2025 (April 1, 2025 - June 30, 2025)
| Institution | Location | Quarter |
|---|---|---|
| PACIFIC PREMIER BK | IRVINE, CALIFORNIA | First Quarter of 2025 |
| ALLY BK | SANDY, UTAH | Second Quarter of 2025 |
| BANC OF CA | LOS ANGELES, CALIFORNIA | Second Quarter of 2025 |
| NANO BANC | IRVINE, CALIFORNIA | Second Quarter of 2025 |
| TERRITORIAL SB | HONOLULU, HAWAII | Second Quarter of 2025 |
| WESTERN ALLI BK | PHOENIX, ARIZONA | Second Quarter of 2025 |