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 19, 2022

Filer Filing Type Filing Proposal End of Comment Period
ENDEAVOR BANCORP * 3A1 Endeavor Bancorp to become a bank holding company by acquiring Endeavor Bank, both of San Diego, California.
Newspaper: Not available
Federal Register: 03/25/2022
FARMERS AND MERCHANTS BANK OF LONG BEACH PWI Farmers & Merchants Bank of Long Beach, Long Beach, California, requests prior approval to make a public welfare investment of $55.5 million in U.S. Bancorp Community Development Corporation.
Newspaper: Not applicable
Federal Register: Not applicable
Seattle Bancshares, Inc. * 3A1 Seattle Bancshares, Inc., to become a bank holding company by acquiring Seattle Bank, both of Seattle, Washington.
Newspaper: Not available
Federal Register: Not available


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 2022 (April 1, 2022 - June 30, 2022) and Third Quarter of 2022 (July 1, 2022 - September 30, 2022)

Institution Location Quarter
WESTAMERICA BK SAN RAFAEL, CALIFORNIASecond Quarter of 2022
WESTERN ALLI BK PHOENIX, ARIZONASecond Quarter of 2022
FARMERS & MRCH BK LONG BEACH, CALIFORNIAThird Quarter of 2022
FARMINGTON ST BK FARMINGTON, WASHINGTONThird Quarter of 2022

* 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