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: 4
Federal Reserve Bank of: Cleveland

Filings received during the week ending August 19, 2006

Filer Filing Type Filing Proposal End of Comment Period
FIFTH THIRD BANK * Branch Fifth Third Bank, Grand Rapids, MI intent to establish a branch at 7595 Vanderbilt Beach Road, Naples, FL.
Newspaper: 08/22/2006
Federal Register: Not applicable
FIFTH THIRD BANK * Branch Fifth Third Bank, Grand Rapids, MI intent to establish a branch at 18120 Tamiami Trail, Northport, FL.
Newspaper: 08/22/2006
Federal Register: Not applicable
NATIONAL CITY CORPORATION 4c8
* 4c8
National City Corporation, Cleveland, Ohio to acquire Fidelity Bankshares, Inc. and Fidelity Federal Bank & Trust, and therby indirectly acquire Fidelity Realty & Appraisal Services, Inc. all of West Palm Beach, Florida and engage in real estate appraisal services and operating a savings association pursuant to sections 225.28(b)(2)(i) and (b)(4)(ii)of Reg Y.
Newspaper: 09/04/2006
Federal Register: 09/07/2006
PERPETUAL SAVINGS BANK * 18C
* Branch
Perpetual Savings Bank, Wellsville, Ohio, to merge with Sky Bank, Salineville, Ohio, and incident thereo, establish branches pursuant to Section 9 of the Federal Reserve Act
Newspaper: Not available
Federal Register: Not applicable
SKY FINANCIAL GROUP, INC. * 3A5 Sky Financial Group, Inc., Bowling Green, Ohio, proposes to acquire 100 percent of Wells River Bancorp, Inc., Wellsville, Ohio, and thereby indirectly acquire Perpetual Savings Bank, Wellsville, Ohio.
Newspaper: Not available
Federal Register: Not available
SV BANCORP, INC. * 3A1 SV Bancorp, Inc., Wyoming, Ohio, to become a bank holding company by acquiring 100 percent of the voting shares of Spring Valley Bank, Wyoming, Ohio
Newspaper: Not available
Federal Register: 09/14/2006
UNION BANK AND TRUST COMPANY CIC Union Bank and Trust Company, Lincoln, NB and Thomas Milton Hasse, Lincoln, NB as trustees of the Barbara Dunlap Yaltaghian Trust intend to acquire up to 44.520 percent of the outstanding voting shares of New Richmond Bancorporation, New Richmond, OH.
Newspaper: 08/30/2006
Federal Register: 09/05/2006


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