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: 2
Federal Reserve Bank of: New York

Filings received during the week ending October 21, 2006

Filer Filing Type Filing Proposal End of Comment Period
BANCO SANTANDER INTERNATIONAL Other Foreign Banco Santander International, Miami, Florida, an indirectly held Edge Corporation of Banco Santander Central Hispano, Madrid, Spain, provided notice to the Board of Governors of the Federal Reserve System of its intention to establish a domestic branch in Los Angeles, California.
Newspaper: Not available
Federal Register: Not applicable
CITIGROUP INC. Investment Citigroup, Inc., New York, New York ("Citigroup"), request for specific consent pursuant to Section 211.9(g) of Regulation K for the reorganization of Citigroup subsidiaries and related prior notice for investments in excess of the single company general consent limit under Section 211.9(f) of Regulation K.
Newspaper: Not applicable
Federal Register: Not applicable
DISCOUNT BANCORP, INC. 4c8 Notice by Treetops Acquisition Group LP, Treetops Acquisition Group II LP, Treetops Acquisition Group Ltd., Treetops Acquisition Group II Ltd., CAM Discount Ltd. all of Georgetown, Grand Cayman, the Edgar M. Bronfman Trusts A, B, C, D, E, F and G, all of Montreal, Canada, Israel Discount Ltd, Tel Aviv, Israel and Discount Bancorp, New York, New York, ("Discount") for prior approval of the Board of Governors to permit Discount to acquire IDB Capital Corp, New York, New York a Securities and Exchange Commission-registered securities broker from its FDIC-insured, state non-member bank subsidiary Israel Discount Bank of New York, New York, New York pursuant to Section 4(c)(8) of the Bank Holding Company Act and Section 228.25(a)(7) of Regulation Y.
Newspaper: Not applicable
Federal Register: Not available
FORT ORANGE FINANCIAL CORPORATION * 3A1 Fort Orange Financial Corp. requests to become a one-bank holding company, pursuant to Section 3(a)1 of the BHC Act, and Section 225.15 of Regulation Y, by acquiring Capital Bank & Trust Company, both of Albany, New York.
Newspaper: Not available
Federal Register: 11/03/2006
STATE EXPORT-IMPORT BANK OF UKRAINE, INC. FBSEA Export-Import Bank of Ukraine ("EXIM Bank")Kiev, Ukraine, to establish a representative office in New York, New York, pursuant to Section 10(a) of the International Banking Act of 1978, as amended, and Section 211.24(a)(1) of Regulation K.
Newspaper: Not available
Federal Register: Not applicable
UBS AG FBSEA UBS AG, Zurich, Switzerland to establish an additional federal limited branch to be located in Tampa, Florida pursuant to Section 211.24(a)(2)(i)(A) of Regulation K.
Newspaper: 10/29/2006
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
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