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: 12
Federal Reserve Bank of: San Francisco

Filings received during the week ending June 5, 2010

Filer Filing Type Filing Proposal End of Comment Period
ANCHOR BANCORP, INC. * 3A1 Anchor Bancorp, Inc., Lacey, Washington, to become a bank holding company by acquiring 100 percent of Anchor Mutual Savings Bank, Aberdeen, Washington, upon conversion from a mutual savings bank to a stock savings bank.
Newspaper: Not available
Federal Register: Not available
CARPENTER COMMUNITY BANCFUND-A, L.P. * 3A3 Carpenter Fund Manager GP, LLC, Carpenter Fund Management, LLC, Carpenter Community Bancfund, L.P., Carpenter Community Bancfund-A, LP, Carpenter Community Bancfund-CA, L.P., SCJ, Inc., and CCFW, Inc., all of Irvine, California, to acquire up to 35 percent of the outstanding voting shares of Bridge Capital Holdings and thereby indirectly acquire a greater controlling interest in Bridge Bank, N.A., both of San Jose, California.
Newspaper: Not available
Federal Register: 06/07/2010
CASTLE CREEK CAPITAL PARTNERS III, L.P. * 3A3 Castle Creek Capital Partners III, LP, Castle Creek Capital III LLC, Eggemeyer Capital LLC, Ruh Capital LLC, and Legions IV Advisory Corp, all of Rancho Santa Fe, CA, to increase their interest in First Chicago Bancorp, Chicago, Illinois, from 46.6% up to 85% of voting shares, pursuant to Section 3(a)(3) of the Bank Holding Company Act.
Newspaper: Not available
Federal Register: 06/21/2010
CHINO COMMERCIAL BANCORP CIC Daniel Hugh and Patricia L. Bowman, Fontana, California, to retain 14.10 percent control of Chino Commercial Bancorp, and thereby retain control of Chino Commercial Bank, N.A., both of Chino, California.
Newspaper: Not available
Federal Register: 06/21/2010
EAST WEST BANK * Branch East West Bank, Pasadena, California, to establish a branch at 4299 Rosewood Drive, Unit #108, Pleasanton, California.
Newspaper: Not available
Federal Register: Not applicable
MISSION COMMUNITY BANCORP 4c8 Mission Community Bancorp, San Luis Obispo, California, and Carpenter Fund Manager GP, LLC, Carpenter Fund Management, LLC, Carpenter Community Bancfund, L.P., Carpenter Community Bancfund-A, L.P., Carpenter Community Bancfund-CA, L.P., CCFW, Inc., and SCJ, Inc., all of Irvine, California, to form a wholly-owned subsidiary, Mission Asset Management, Inc., San Luis Obispo, California, to engage in extending credit and servicing loans, pursuant to section 225.28(b)(1) of Regulation Y.
Newspaper: Not applicable
Federal Register: 06/15/2010
ONE MAIN STREET, LLC * 3A1 One Main Street, LLC, and One Main Street Management, LLC, both of New York, New York, to become bank holding companies by acquiring 100 percent of Liberty Bank, Inc., Salt Lake City, Utah.
Newspaper: Not available
Federal Register: 04/08/2010
SKBHC HOLDINGS, LLC * 3A1 SKBHC Holdings, LLC, Corona del Mar, California, to become a bank holding company by acquiring 100 percent of Starbuck Bancshares, Inc. and thereby indirectly the First National Bank of Starbuck, both of Starbuck, Minnesota.
Newspaper: Not available
Federal Register: 04/27/2010
STERLING FINANCIAL CORPORATION CIC Warburg Pincus Private Equity X, L.P., Warburg Pincus X Partners, L.P., Warburg Pincus X, L.P., Warburg Pincus X, LLC, Warburg Pincus Partners, LLC, Warburg Pincus & Co., and Warburg Pincus LLC, all of New York, New York, to acquire up to 24.9% of the outstanding shares of Sterling Financial Corporation, Spokane, Washington, and thereby indirectly acquire control of Sterling Savings Bank, Spokane, Washington, and Golf Savings Bank, Mountlake Terrace, Washington.
Newspaper: 07/14/2010
Federal Register: Not available
STERLING FINANCIAL CORPORATION CIC Thomas H. Lee Equity Fund VI, L.P., Thomas H. Lee Parallel Fund VI, L.P., Thomas H. Lee Parallel (DT) Fund VI, L.P., and THL Sterling Equity Investors, L.P., all of Boston, Massachusetts, to acquire up to 24.9% of the outstanding shares of Sterling Financial Corporation, Spokane, Washington, and thereby indirectly acquire control of Sterling Savings Bank, Spokane, Washington, and Golf Savings Bank, Mountlake Terrace, Washington.
Newspaper: 05/26/2010
Federal Register: 05/26/2010
SYRINGA BANCORP CIC Hilario John Arguinchona and Karen Arguinchona for retroactive approval to retain 31.82 percent control of Syringa Bancorp, and thereby retain control of Syringa Bank, both of Boise, Idaho.
Newspaper: Not available
Federal Register: 05/28/2010
U & I FINANCIAL CORP. * 3A1 U & I Financial Corporation to become a Bank Holding Company by acquiring 100 percent of UniBank, both of Lynnwood, Washington.
Newspaper: Not available
Federal Register: 06/01/2010


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