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 July 29, 2006

Filer Filing Type Filing Proposal End of Comment Period
BANCO BILBAO VIZCAYA ARGENTARIA, S.A. * 3A3 Banco Bilbao Vizcaya Argentaria, S.A., Bilbao, Spain, proposes to acquire Texas Regional Bancshares, Inc., McAllen, Texas; Texas Regional Delaware, Inc., Wilmington, Delaware; and thereby indirectly acquire Texas State Bank, McAllen, Texas, pursuant to Section 3(a)(3) of the Bank Holding Company Act of 1956, as amended.
Newspaper: Not available
Federal Register: Not available
BANCO BILBAO VIZCAYA ARGENTARIA, S.A. * 3A3 Banco Bilbao Vizcaya Argentaria, S.A., Bilbao, Spain, proposes to acquire State National Bancshares, Inc., Fort Worth, Texas; State National Bancshares of Delaware, Inc., Dover, Delaware; and thereby indirectly acquire State National Bank, Fort Worth, Texas, pursuant to Section 3(a)(3) of the Bank Holding Company Act of 1956, as amended.
Newspaper: Not available
Federal Register: Not available
BANCO POPULAR NORTH AMERICA * Branch Banco Popular, North America, New York, New York to open a new domestic branch, located at 9600 W. Bryn Mawr, Rosemont (Cook County), Illinois.
Newspaper: Not available
Federal Register: Not applicable
HSBC HOLDINGS PLC * 3A3 HSBC Holdings plc, HSBC Overseas Holdings (UK) Limited, both of London, United Kingdom, HSBC North America Inc., Buffalo, New York, HSBC Investments (North America) Inc., Wilmington, Delaware, HSBC North America Holdings Inc., Prospect Heights, Illinois, and HSBC USA Inc., New York, New York, propose to acquire a new insured and full-service bank pursuant to Section 3(a)(3) of the Bank Holding company Act of 1956 as amended,by establishing a national bank to be named HSBC National Bank USA in Bethesda, Maryland.
Newspaper: 07/30/2006
Federal Register: 08/04/2006
MANUFACTURERS AND TRADERS TRUST COMPANY * Branch Manufacturers and Traders Trust Company, Buffalo, New York, requests approval to open and occupy a full-service branch office located at 1500 Blenheim Farm Lane, Havre de Grace, Hartford County, Maryland.
Newspaper: Not available
Federal Register: Not applicable
NATEXIS BANQUES POPULAIRES FBSEA Natexis Banques Poplaires, Paris, France request to establish an additional branch location in New York. (this is a transfer of the front office operations of the existing NY branch)
Newspaper: Not available
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
WESTPAC BANKING CORPORATION 4c8 Westpac Banking Corporation, Sydney, Australia to engage de novo indirectly through Hastings Funds Management (US) Inc., New York, New York as an investment and financial adviser pursuant to Section 225.28(b)(6)
Newspaper: Not applicable
Federal Register: Not available


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