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 26, 2006

Filer Filing Type Filing Proposal End of Comment Period
FIFTH THIRD BANK * Branch Fifth Third Bank, Cincinnati, OH to establish a limited service bank branch at 3890 Bigelow Boulevard, Pittsburgh, Pennsylvania
Newspaper: 08/19/2006
Federal Register: Not applicable
FIFTH THIRD BANK * Branch Fifth Third Bank, Cincinnati, OH to establish a bank branch at 6390 Steubenville Pike, Pittsburgh, Pennsylvania
Newspaper: 08/19/2006
Federal Register: Not applicable
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
* 18C
* Branch
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


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 Forth Quarter of 2006 (October 1, 2006 - December 31, 2006)

Institution Location
ANDOVER BK ANDOVER, OHIO
CORN CITY ST BK DESHLER, OHIO
FARMERS CITIZENS BK BUCYRUS, OHIO
HOCKING VALLEY BK ATHENS, OHIO
KILLBUCK SVG BK CO KILLBUCK, OHIO
NORTH SIDE B&TC CINCINNATI, OHIO

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