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 August 21, 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: 04/15/2010
MISSION VALLEY BANCORP CIC The Bagge Family Bank Stock Trust of 2010, Claire J. and John F. Bagge, Trustees, Sunland, California, individually, and acting as a group in concert with Henry J. and Sandra M. Bagge, Merrimack, New Hampshire; Hope Bagge, Castaic, California; Jay Bagge, Castaic, California; James F. Bagge, Shadow Hills, California; Justin F. Bagge, Shadow Hills, California; and Joshua F. Bagge, Shadow Hills, California, to retain 10 percent or more of the voting shares of Mission Valley Bancorp, and thereby indirectly acquire Mission Valley Bank, both of Sunland, California.
Newspaper: 09/07/2010
Federal Register: 05/07/2010
RBB BANCORP * 3A1 RBB Bancorp, Los Angeles, California, to become a bank holding company by acquiring 100 percent of Royal Business Bank, Los Angeles, California.
Newspaper: 09/10/2010
Federal Register: 09/10/2010


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 Forth Quarter of 2010 (October 1, 2010 - December 31, 2010)

Institution Location
BANK OF SACRAMENTO SACRAMENTO, CALIFORNIA
EAST WEST BK PASADENA, CALIFORNIA

* 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