Federal Reserve Release, H2, Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received

District: 2
Federal Reserve Bank of: New York

Filings received during the week ending July 22, 2017

Filer

Filing Type

Filing Proposal

End of Comment Period

CHEMUNG CANAL TRUST COMPANY

* Branch

Chemung Canal Trust Company, Elmira, New York, to establish a branch office to be located at 3057 Route 50, Saratoga Springs, New York.

Newspaper:	07/19/2017
Federal Register:	Not applicable

CHINA MERCHANTS GROUP LIMITED

4c8

China Merchants Group Limited, Hong Kong Special Administrative Region, the People's Republic of China, to engage de novo in extending credit and servicing loans and the leasing of personal property through CIMC Leasing USA Inc., Oakbrook Terrace, Illinois, pursuant to Sections 225.28(b)(1) and 225.28(b)(3) of Regulation Y.

Newspaper:	Not applicable
Federal Register:	Not available

PEAPACK-GLADSTONE BANK

* Branch

Peapack-Gladstone Bank, Gladstone, New Jersey, to establish a mobile branch to serve in all of Peapack-Gladstone Bank's assessment area, comprising of Essex, Hunterdon, Morris, Somerset, Union and Hudson and Hudson Counties and portions of Middlesex County, all of New Jersey.

Newspaper:	Not available
Federal Register:	Not applicable

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	Quarter
NONE

* Subject to the provisions of the Community Reinvestment Act

District: 2 Federal Reserve Bank of: New York

Filings received during the week ending July 22, 2017

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 2
Federal Reserve Bank of: New York