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 February 13, 2016

Filer Filing Type Filing Proposal End of Comment Period
BANK OF NEW YORK MELLON CORPORATION, THE Investment The Bank of New York Mellon, New York, New York, to make an investment in a new indirect wholly-owned subsidiary, pursuant to Section 211.9(f) of Regulation K.
Newspaper: Not applicable
Federal Register: Not applicable
BANK OF NEW YORK MELLON CORPORATION, THE Investment The Bank of New York Mellon, New York, New York, to make an investment in a new indirect wholly-owned subsidiary, pursuant to Section 211.9(f) of Regulation K.
Newspaper: Not applicable
Federal Register: Not applicable
EMIGRANT BANCORP, INC. * 3A3 New York Private Bank & Trust Corporation and Emigrant Bancorp, Inc., both of New York, New York, to acquire indirectly up to 9.99% of the outstanding common stock of The Bancorp, Inc., and indirectly its subsidiary bank, The Bancorp Bank, both of Wilmington, Delaware, pursuant to Section 3(a)(3) of the Bank Holding Company Act of 1956, as amended, and Section 225.14 of Regulation Y.
Newspaper: 03/03/2016
Federal Register: 03/07/2016
GOLDMAN SACHS BANK USA PWI Goldman Sachs Bank USA, New York, New York, seeks prior approval for public welfare investments.
Newspaper: Not applicable
Federal Register: Not applicable
MIZUHO FINANCIAL GROUP, INC. * 3A1 Mizuho Financial Group, Inc., Tokyo, Japan ("MHFG"), and Mizuho Bank, Ltd., Tokyo, Japan ("MHBK"), seeks approval to form Mizuho Americas LLC ("MHA"), as a bank holding company that will be a wholly-owned subsidiary of MHBK, and to transfer the ownership interests of MHFG's banking subsidiaries in the United States, Mizuho Bank (USA), New York, New York, and Mizuho Trust & Banking Co. (USA), New York, New York, to MHA.
Newspaper: 02/29/2016
Federal Register: 03/07/2016
SUMITOMO MITSUI TRUST HOLDINGS, INC. 4c8 Sumitomo Mitsui Trust Holdings, Inc., and Sumitomo Mitsui Trust Bank, Limited, both of Tokyo, Japan, to acquire 50% of Marubeni Rail Transport, Inc., Wilmington, Delaware, and indirectly its subsidiary, Midwest Railcar Corporation, Maryville, Illinois, and thereby engage in personal property leasing, incidental fleet management and consulting activities under Sections 225.28(b)(3)and 225.28(b)(9) of Regulation Y.
Newspaper: Not applicable
Federal Register: 02/26/2016


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