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 November 24, 2018

Filer Filing Type Filing Proposal End of Comment Period
EAST CAMBRIDGE SAVINGS BANK * Branch Application by East Cambridge Savings Bank, Cambridge, Massachusetts, to establish a branch at 94 Pleasant Street, Malden, Massachusetts, pursuant to Section 208.6 of Regulation H.
Newspaper: Not available
Federal Register: Not applicable
EQUITABLE BANK * 18C
* Branch 		Equitable Bank, East Weymouth, Massachusetts to merge with Coastal Heritage Bank, Weymouth, Massachusetts ("Coastal"), with Equitable Bank as the surviving entity. Equitable Bank intends to operate all nine Coastal branches located in East Bridgewater, Hanover, Hingham, Marshfield, Norwell, Quincy, Scituate, and Weymouth, all of Massachusetts.
Newspaper: Not available
Federal Register: Not applicable
RADIUS BANCORP, INC. * 3A1 Application by Radius Bancorp, Inc., Boston, Massachusetts to become a bank holding company pursuant to Section 3(a)(1) of the Bank Holding Company Act of 1956, as amended, in connection with the conversion by Radius Bank, Boston, Massachusetts into a Massachusetts-chartered trust company.
Newspaper: 12/03/2018
Federal Register: 12/06/2018


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 First Quarter of 2019 (January 1, 2019 - March 31, 2019) and Second Quarter of 2019 (April 1, 2019 - June 30, 2019)

Institution Location Quarter
BANK OF EASTON NORTH EASTON, MASSACHUSETTSFirst Quarter of 2019
FIRST IPSWICH BK IPSWICH, MASSACHUSETTSFirst Quarter of 2019
WATERTOWN SVG BK WATERTOWN, MASSACHUSETTSFirst Quarter of 2019
PATRIOT COMNTY BK WOBURN, MASSACHUSETTSSecond Quarter of 2019
SAVINGS INST BK & TR CO WILLIMANTIC, CONNECTICUTSecond Quarter of 2019

* 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

Home | Banking information and regulation
Accessibility | Contact us
Last update: November 29, 2018