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: 12
Federal Reserve Bank of: San Francisco

Filings received during the week ending February 23, 2019

Filer Filing Type Filing Proposal End of Comment Period
COMMERCEWEST BANK CIC Notice of Change in Control filed by Ivo A. Tjan, North Tustin, California, to retain voting shares of CommerceWest Bank, Irvine, California.
Newspaper: Not available
Federal Register: 03/14/2019


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 Second Quarter of 2019 (April 1, 2019 - June 30, 2019) and Third Quarter of 2019 (July 1, 2019 - September 30, 2019)

Institution Location Quarter
LIBERTY BK SOUTH SAN FRANCISCO, CALIFORNIASecond Quarter of 2019
MARLIN BUS BK SALT LAKE CITY, UTAHSecond Quarter of 2019
NANO BANC MURRIETA, CALIFORNIASecond Quarter of 2019
PRESIDIO BK SAN FRANCISCO, CALIFORNIASecond Quarter of 2019
FIRST CHOICE BK CERRITOS, CALIFORNIAThird Quarter of 2019
MISSION BK BAKERSFIELD, CALIFORNIAThird Quarter of 2019
PACIFIC ENT BK IRVINE, CALIFORNIAThird Quarter of 2019
UNITED BUS BK WALNUT CREEK, CALIFORNIAThird 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