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 June 10, 2006

Filer Filing Type Filing Proposal End of Comment Period
BANCO POPULAR NORTH AMERICA * Branch Banco Popular, North America, New York, New York to open a new domestic branch, located at 1221 Brickell Avenue, Miami (Miami-Dade County), Florida.
Newspaper: 06/16/2006
Federal Register: Not applicable
BANCO SANTANDER INTERNATIONAL Other Foreign Banco Santander International, Miami, Florida, to establish a domestic branch in Houston, Texas, pursuant to Section 211.5(f) of Regulation K.
Newspaper: Not available
Federal Register: Not applicable
CATSKILL HUDSON BANCORP, INC * 3A1 Catskill Hudson Bancorp, Inc., Rockhill, New York to acquire 100 percent of the voting shares of Community Bank of Sullivan County, Rock Hill, NY, pursuant to Section 3(a)(1) of the BHC Act and Section 225.15 of Regulation Y.
Newspaper: Not available
Federal Register: 06/09/2006
CATSKILL HUDSON BANCORP, INC CIC Notice of Change in Bank Control pursuant to the Change in Bank Control Act of 1978, as amended, by Mario and Dawn Martinez, both of Sundown, New York, to acquire 59,035 of the common shares of Catskill Hudson Bancorp, Inc., Rock Hill, New York, pursuant to a reorganization of Community Bank of Sullivan County, Rock Hill, New York, into a wholly-owned subsidiary of Catskill Hudson Bancorp, Inc. As a result of this transaction, Mario and Dawn Martinez will own 9.93% of the outstanding shares of Catskill Hudson Bancorp, and together with Mrs. Martinez''s brother, Mr. G. Vurckio, who will own 2,000 shares, will control 10.27% of Catskill Hudson Bancorp, Inc.''s outstanding shares.
Newspaper: Not available
Federal Register: 06/09/2006
INTERNATIONAL COMMERCIAL BANK OF CHINA CO., LTD., THE FBSEA The International Commercial Bank of China Co., Ltd. ("ICBC"), Taipei, Taiwan,Republic of China is applying to establish a branch, under Section 211.24(a)(1)of Regulation K, in San Jose, California and upgrade its two existing offices in New York City and Los Angeles, California to full service branches.
Newspaper: Not available
Federal Register: Not applicable
MANUFACTURERS AND TRADERS TRUST COMPANY * 18C
* Branch
Manufacturers and Traders Trust Company, Buffalo, New York, requests prior approval of the Board of Governors of the Federal Reserve System, to purchase selected assets and assume selected deposit liabilities associated with 21 branches in Buffalo and Rochester, New York, of Citibank, N.A., New York, New York, pursuant to Section 18(c) of the Federal Deposit Insurance Act, and in connection therewith to establish branches, pursuant to Section 9 of the Federal Reserve Act.
Newspaper: 05/31/2006
Federal Register: Not applicable
MIZRAHI TEFAHOT BANK LTD. FBSEA Mizrahi Tefahot Bank Ltd. (the "Bank"), Ramat-Gan, Israel, is applying to the Board, under Section 211.24(a)(1) of Regulation K, to establish a branch in New York, New York by relocating the Bank's Los Angeles, California FDIC-insured branch. In addition, the Bank is applying to the Board, under Section 211.24(a)(1), to establish a representative office in Los Angeles, California, which will serve as a liaison office with the Bank's remaining California-based customers.
Newspaper: Not available
Federal Register: Not applicable
NEW YORK PRIVATE BANK & TRUST CORPORATION * 4c8 New York Private Bank & Trust Corporation and its wholly owned subsidiary, Emigrant Bancorp, Inc., both of New York, New York, pursuant to section 4(c)(8) of the Bank Holding Company Act of 1956, as amended, to acquire 100 percent of the voting shares of New York Private Bank & Trust, FSB, Wilmington, Delaware, a de novo trust-only federal savings bank, and thereby operate a savings association, pursuant to section 225.28(b)(4) of Regulation Y.
Newspaper: 06/22/2006
Federal Register: 06/23/2006
WESTFALISCH-LIPPISCHER SPARKASSEN-UND GIROVERBAND 4c8 Westfalisch-Lippischer Sparkassen-und Giroverband, Munster, Germany and Rheinischer Sparkassen-und Giroverband, Dusseldorf, Germany, to retain control of certain non-banking subsidiaries of WestLB AG, Dusseldorf and Munster, Germany, and HSH Nordbank AG, Hamburg and Kiel, Germany, and to continue to engage indirectly in nonbanking activities, pursuant to Section 4(c)(8) of the BHC Act of 1956.
Newspaper: Not applicable
Federal Register: 06/29/2006


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