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: 1
Federal Reserve Bank of: Boston

Filings received during the week ending November 11, 2017

Filer Filing Type Filing Proposal End of Comment Period
BANKNEWPORT * Branch Application by BankNewport, Newport, Rhode Island, to establish a branch at 55 Dorrance Street, Providence, Rhode Island, pursuant to Section 208.6 of Regulation H.
Newspaper: Not available
Federal Register: Not applicable
BANKNEWPORT * Branch Application by BankNewport, Newport, Rhode Island, to establish a branch at 5 South Angell Street, Providence, Rhode Island, pursuant to Section 208.6 of Regulation H.
Newspaper: Not available
Federal Register: Not applicable
BROOKLINE BANK * 18C
* Branch
Brookline Bank, Brookline, Massachusetts to merge with First Commons Bank, N.A., Newton, Massachusetts ("First Commons"), with Brookline Bank as the surviving entity. Brookline Bank intends to operate both First Commons' offices in Newton and Wellesley, Massachusetts for an interim period necessary to satisfy any applicable requirements related to their closure.
Newspaper: Not available
Federal Register: Not applicable
BROOKLINE BANK * Branch In connection with the proposed bank merger of Brookline Bank, Brookline, Massachusetts ("Brookline") and First Commons Bank, N.A., Newton, Massachusetts ("First Commons"), Brookline requests approval to close the two First Commons branches located in Newton and Wellesley, Massachusetts upon, or shortly after, the expiration of the 90-day prior notice to customers of the affected branches.
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

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