District 12: Federal Reserve Bank of San Francisco PDF

Filings received during the week ending May 27, 2023

FilerFiling TypeFiling ProposalEnd of Comment Period
NewspaperFederal Register
Election (Domestic)
BancPacific Financial Holding Corporation, Hagatna, Guam, and Marianas Finance Corporation, Tamuning, Guam, to become bank holding companies upon the conversion of BankPacific, Hagatna, Guam, from a savings association to a commercial bank. In addition, BancPacific Financial Holding Corporation, Hagatna, Guam, and Marianas Finance Corporation, Tamuning, Guam, elect to become Financial Holding Companies. Not available06/20/2023
COMMENCEMENT BANK* Branch (Domestic)Submission of Application for Mobile Branch Services in the Pierce and King Counties. We have worked with Tania Luhde to include the necessary information you will need for this submission. Please let me know if you have any questions. Tom DhamersNot availableNot applicable
CVB Holdings, Inc.* 3A1CVB Holdings, Inc., to become a bank holding company through the acquisition of Cashmere Valley Bank, both of Cashmere, Washington, pursuant to Section 3(a)(5)(C)).Not applicableNot applicable
OREGON PACIFIC BANKING CO. DBA OREGON PACIFIC BANK* Branch (Domestic)Application to approve a state member domestic branch 06/05/2023Not applicable
PACIFIC PREMIER BANKPublic Welfare InvestmentPacific Premier Bank, a California-chartered commercial bank and member of the Federal Reserve System (the "Bank"), respectfully requests authorization from the Federal Reserve Bank of San Francisco (the "FRB-SF") for a $15 million investment in R4 Housing Partners XX, LP ("R4 XX") and a $15 million investment in R4 California Housing Partners VIII, LP ("R4 CA VIII").Not applicableNot applicable
UNITED BUSINESS BANK* Branch (Domestic)United Business Bank, Walnut Creek, California, to establish a branch office at 7345 S Durango Drive, Suite 116, Las Vegas, Nevada. Not availableNot applicable

* Subject to the provisions of the Community Reinvestment Act

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 / LocationRSSD IDExam DateCRA Public DateCRA RatingExam Method
OAK VALLEY CMNTY BK, OAKDALE, CALIFORNIA186419704/27/202301/17/2023OInt Small Bank
CRA Examinations scheduled for Third Quarter of 2023 (July 1, 2023 - September 30, 2023) and Fourth Quarter of 2023 (October 1, 2023 - December 31, 2023)
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Last Update: June 01, 2023