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 September 12, 2020

Filer Filing Type Filing Proposal End of Comment Period
ADYEN N.V. FBSEA Adyen, N.V., Amsterdam, Netherlands, to establish a branch in San Francisco, California, pursuant to Section 7(d) of the International Banking Act.
Newspaper: Not available
Federal Register: Not applicable
CARPENTER ACQUISITION CORPORATION * 3A1 Carpenter Acquisition Corporation, Newport Beach, California, to become a bank holding company by acquiring First Colorado Financial Corp., and thereby indirectly acquire First Colorado National Bank, both of Paonia, Colorado.
Newspaper: Not available
Federal Register: Not available
GOLDEN PACIFIC BANCORP, INC. CIC Change in Control Notice filed by Richard B. Fowler II, Carmichael, California, and Karl K. Klessig, Santa Fe, New Mexico, as a group acting in concert, to acquire additional voting shares of Golden Pacific Bancorp, Inc., and thereby indirectly control Golden Pacific Bank, National Association, both of Sacramento, California.
Newspaper: Not available
Federal Register: 09/28/2020
WELLS FARGO & COMPANY Investment Wells Fargo International Banking Corporation, Charlotte, North Carolina ("WFIBC"), an Edge Corporation subsidiary of Wells Fargo Bank, National Association, Sioux Falls, South Dakota, to make an additional indirect investment of $6 million in Wells Fargo CDF Commercial Factoring Company Limited, Shanghai, China, through WFIBC's wholly owned subsidiary, Wells Fargo International Finance, LLC, Charlotte, North Carolina, pursuant to section 211.9(f) of Regulation K.
Newspaper: Not applicable
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

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