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

District: 3
Federal Reserve Bank of: Philadelphia

Filings received during the week ending December 1, 2018

Filer

Filing Type

Filing Proposal

End of Comment Period

BENEFICIAL BANCORP, INC.

* SLHC Formation

Beneficial Bancorp, Inc., Philadelphia, Pennsylvania, to convert to a savings and loan holding company upon the conversion of Beneficial Bank, Philadelphia, Pennsylvania, from a state-chartered savings bank to a stock federal savings bank.

Newspaper:	12/05/2018
Federal Register:	11/27/2018

LAKE SHORE, MHC

* 3A1

Lake Shore, MHC, Dunkirk, New York, to convert to a Delaware-chartered mutual bank holding company, and its mid-tier holding company, Lake Shore Bancorp, Inc., Dunkirk, New York, to convert to a Maryland-chartered stock bank holding company, upon the conversion of Lake Shore Savings Bank, Dunkirk, New York, from a federal savings bank to a national bank.

Newspaper:	12/26/2018
Federal Register:	12/28/2018

RBI HOLDINGS, INC

* SLHC Formation

RBI Holdings, Inc., Roseville, Michigan, seeks to form a savings and loan holding company ("SLHC") within the meaning of the Home Owners' Loan Act ("HOLA"), and subsequently, to acquire more than 57% percent of the voting shares of PrinCap Holdings One, LLC ("PHO"), Ewing, New Jersey, which controls a majority of the shares of Resolute Bank, Maumee, Ohio, pursuant to Section 10(e)(1)(A) of HOLA and Section 238.11(c) of Regulation LL.

Newspaper:	12/20/2018
Federal Register:	Not available

WSFS FINANCIAL CORPORATION

* SLHC Merger

WSFS Financial Corporation, Wilmington, Delaware, to merge with Beneficial Bancorp, Inc., Philadelphia, Pennsylvania, and therefore indirectly acquire Beneficial Bank, Philadelphia, PA.

Newspaper:	12/05/2018
Federal Register:	11/27/2018

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
WOODLANDS BK, WILLIAMSPORT, PENNSYLVANIA	1479470	07/30/2018	11/29/2018	O	Int Small Bank

CRA Examinations scheduled for Quarter of

Institution	Location	Quarter
NONE

* Subject to the provisions of the Community Reinvestment Act

District: 3 Federal Reserve Bank of: Philadelphia

Filings received during the week ending December 1, 2018

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 3
Federal Reserve Bank of: Philadelphia