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 September 30, 2006

Filer Filing Type Filing Proposal End of Comment Period
GLENVILLE BANK HOLDING COMPANY, INC. * 3A1 Glenville Bank Holding Company, Inc., to acquire 100 percent of the voting shares of First National Bank of Scotia, both of Scotia, New York, pursuant to Section 3(a)(1) of the BHC Act and Section 225.15 of Regulation Y.
Newspaper: 10/21/2006
Federal Register: 10/23/2006
JPMORGAN CHASE & CO. Investment J.P. Morgan International Finance Limited ("JPMIF") submits notice, pursuant to Section 211.9(f) of Regulation K, of its intention to make a subsidiary investment in a newly formed special purpose vehicle. JPMIF also requests a waiver of the provisions of Section 211.9(a)(3) and (b)(6) of Regulation K to permit JPMIF to exclude the investment for purposes of complying with the 12 month investment limit.
Newspaper: Not applicable
Federal Register: Not applicable
NEW YORK PRIVATE BANK & TRUST CORPORATION * 3A3 New York Private Bank & Trust Corporation, Emigrant Bancorp, Inc. and Emigrant Bank (for a moment in time), all of New York, New York, to acquire all of the outstanding capital stock of EmigrantDirect Bank, Ossining, New York (In formation).
Newspaper: Not available
Federal Register: 10/23/2006
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: 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
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