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 18, 2007

Filer Filing Type Filing Proposal End of Comment Period
COMMUNITY FIRST BANK * Branch Community First Bank, Prineville, Oregon, to establish a branch facility at Staats Street, between between NW Colorado Avenue and NW Arizona Avenue, Bend, Oregon.
Newspaper: 08/23/2007
Federal Register: Not applicable
COUNTY BANK * 18C County Bank, Merced, California, to purchase the assets and assume the liabilities of 11 California branches of National Bank of Arizona, Tucson, Arizona.
Newspaper: 09/03/2007
Federal Register: Not applicable
FRANKLIN RESOURCES, INC. * 3A3 Franklin Resources, Inc., San Mateo, California, to retroactively acquire 5.31 percent of Chemical Financial Corporation, and thereby indirectly acquire shares of Chemical Bank, both of Midland, Michigan.
Newspaper: 09/14/2007
Federal Register: 09/14/2007
MISSION BANCORP 4c8 Mission Bancorp to acquire 100 percent of the membership interests of Mission 1031 Exchange, LLC, both of Bakersfield, California, and engage de novo in the tax free transition of selling one property and reinvesting in another like-kind property.
Newspaper: Not applicable
Federal Register: Not applicable
MITSUBISHI UFJ FINANCIAL GROUP, INC. 4c8 Mitsubishi UFJ Financial Group, Inc., and The Bank of Tokyo-Mitsubishi UFJ, Ltd., both of Tokyo, Japan, to acquire up to 12 percent of Visa, Inc., San Francisco, California, and thereby indirectly engage in 1) the operation of electronic funds transfer systems, 2) the operation of authorization, clearing, and settlement systems, and 3) data processing, pursuant to section 4(c)(8) of the Bank Holding Company Act.
Newspaper: Not applicable
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
NONE

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