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 May 29, 2010

Filer Filing Type Filing Proposal End of Comment Period
DANSKE BANK A/S FBSEA Danske Bank A/S, Copenhagen, Denmark, to establish a branch office in New York, pursuant to Section 211.24 of Regulation K.
Newspaper: Not available
Federal Register: Not applicable
HIGHLANDS BANCORP, INC 3A1 Highlands Bancorp, Inc. to become a one-bank holding company by acquiring 100 percent of Highlands State Bank, both of Vernon, New Jersey, pursuant to Section 3(a)(C) of the BHC Act of 1956, as amended, and Section 225.17 of Regulation Y.
Newspaper: Not applicable
Federal Register: Not applicable
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED 4c8 Industrial and Commercial Bank of China, Limited, Beijing, China, to acquire Strong City Securities LLC, Newton, New Jersey and the Prime Dealer Services Business Unit of Fortis Securities LLC, New York, New York and thereby engage in certain securities activities, pursuant to Section 4(c)(8) of the BHC Act of 1956, as amended and Section 225.24 of Regulation Y.
Newspaper: Not applicable
Federal Register: Not available
PNBK HOLDINGS LLC * 3A1 PNBK Holdings LLC, PNBK Sponsor LLC and PNBK Investment Partners LLC, all of Stamford, Connecticut requests prior approval to acquire Patriot National Bancorp, Inc. and Patriot National Bank, both of Stamford, Connecticut, and thereby become bank holding companies, pursuant to Section 3(a)(1) of the Bank Holding Company Act of 1956, as amended, and Section 225.15 of Regulation Y.
Newspaper: Not available
Federal Register: 06/21/2010
TORONTO-DOMINION BANK, THE * 3A3 The Toronto-Dominion Bank, Toronto, Canada, and its subsidiaries TD US P&C Holdings ULC, Calgary, Canada, and TD Bank US Holding Company, Portland, Maine, to acquire The South Financial Group, Inc. and thereby indirectly acquire Carolina First Bank, both of Greenville, South Carolina, pursuant to Section 3(a)(3) of the BHC Act of 1956, as amended, and Section 225.11(c)(1) of Regulation Y.
Newspaper: Not available
Federal Register: 06/25/2010
Urban National Holding Corp. * 3A1 Urban National Holding Corp., New York, New York, to become a bank holding company by acquiring 100 percent of Metropolitan Bank Holding Corp. and indirectly, Metropolitan National Bank, both of New York, New York, pursuant to Section 3(a)(1) of the Bank Holding Company Act of 1956, as amended, and Section 225.15 of Regulation Y.
Newspaper: Not available
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

* Subject to the provisions of the Community Reinvestment Act

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