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 February 18, 2006

Filer Filing Type Filing Proposal End of Comment Period
ADIRONDACK BANK * Branch Adirondack Bank, Utica, New York request approval to establish a de novo branch at 9544 Depot Street, Holland Patent, Oneida County, NY.
Newspaper: 02/23/2006
Federal Register: Not applicable
BANCO LATINOAMERICANO DE EXPORTACIONES, S.A. 4c8 Banco Latinoamericano de Exportaciones S.A., Panama City, Republic of Panama, requested prior approval of the Board of Governors of the Federal Reserve System, pursuant to Section 4(c)(8) of the Bank Holding Company Act of 1956, as amended, to engage, de novo, in certification authority and related data processing activities.
Newspaper: Not applicable
Federal Register: 03/07/2006
BANK OF SMITHTOWN * Branch Bank of Smithtown, Smithtown, New York request approval to open a branch located at 4032 Nesconset Highway, Setauket, Suffolk County, New York.
Newspaper: 03/05/2006
Federal Register: Not applicable
BANK OF SMITHTOWN * Branch Bank of Smithtown, Smithtown, New York request approval to open a branch located at 465 Smithtown Blvd., Nesconset, Suffolk County, New York.
Newspaper: 03/05/2006
Federal Register: Not applicable
CITIBANK, N.A. Investment 30 Day Prior Notice by Citibank, N.A., New York, New York and its Edge Corporation, Citibank Overseas Investment Corporation, New Castle, Delaware ("COIC"), to transfer certain COIC subsidiaries in Brazil to Banco Citibank S.A., a direct, wholly owned subsidiary of COIC headquartered in Sao Paulo, Brazil.
Newspaper: Not applicable
Federal Register: Not applicable
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


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
ADIRONDACK BK, UTICA, NEW YORK 101671 08/22/2005 02/08/2006 S Small Bank


CRA Examinations scheduled for Second Quarter of 2006 (April 1, 2006 - June 30, 2006)

Institution Location
MANUFACTURERS & TRADERS TC BUFFALO, NEW YORK

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