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: 1
Federal Reserve Bank of: Boston

Filings received during the week ending December 12, 2015

Filer Filing Type Filing Proposal End of Comment Period
EASTERN SAVINGS BANK * Branch Application by Eastern Savings Bank, Norwich, Connecticut, to establish a new full service branch at 220 W. Town Street, Norwich, Connecticut pursuant to Section 208.6 of Regulation H.
Newspaper: Not available
Federal Register: Not applicable
NORTHERN BANCORP, INC. 4c8 Section 4(c)(8) notice filed by Northern Bancorp, Inc. to make, through its wholly-owned subsidiary, Northern Bank & Trust Company, both of Woburn, Massachusetts, a minority investment in SmartNest, Inc. and thereby to engage in providing collection agency and data processing services pursuant to Section 225.23 of Regulation Y.
Newspaper: Not applicable
Federal Register: Not applicable
PENTUCKET BANK HOLDINGS, MHC * 3A1
* 3A3
Pentucket Bank Holdings, MHC and Pentucket Bancorp, Inc., both of Haverhill, Massachusetts, to become a mutual holding company and a stock bank holding company, respectively, by acquiring 100 percent of Pentucket Bank, Haverhill, Massachusetts, pursuant to sections 3(a)(1) and 3(a)(3) of the Bank Holding Company Act of 1956, as amended.
Newspaper: Not available
Federal Register: Not available
RADIUS INVESTMENT CORP. * SLHC Formation Application by Radius Investment Corp., Boston, Massachusetts, and Radius Merger Sub., Inc., Boston, Massachusetts, both newly formed companies, to become savings and loan holding companies by acquiring Radius Bancorp, Inc. and therefore Radius Bank, both of Boston, Massachusetts, its wholly owned subsidiary federal savings association.
Newspaper: 12/06/2015
Federal Register: 12/07/2015


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