District 1: Federal Reserve Bank of Boston PDF

Filings received during the week ending July 1, 2023

FilerFiling TypeFiling ProposalEnd of Comment Period
NewspaperFederal Register
MASCOMA BANK* Branch (Domestic)Mascoma Bank, Lebanon, New Hampshire, to establish a branch facility to be located at 48 Free St. Portland, Maine. 07/15/2023Not applicable
NB Bancorp, Inc.* 3A1NB Bancorp, Inc. (the "Holding Company"), Needham, Massachusetts (a newly formed Maryland corporation), to become a bank holding company by acquiring 100% of the outstanding capital stock of Needham Bank, Needham, Massachusetts, a Massachusetts cooperative member bank (the "Bank"), pursuant to section 3(a)(1) of the Bank Holding Company Act of 1956, as amended, in connection with the second-step conversion of NB Financial, MHC from mutual to stock form.Not available07/24/2023
STATE STREET INTERNATIONAL HOLDINGSAmendments to Articles of AssociationState Street International Holdings, an Edge corporation headquartered in Boston, Massachusetts, submits this application under 12 C.F.R. § 211.5(c)(1) for approval to amend its articles of association to increase the maximum number of directors to 15.

* 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
ABINGTON BK, ABINGTON, MASSACHUSETTS6147612/18/202207/18/2022SInt Small Bank
CRA Examinations scheduled for    Quarter of
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Last Update: July 06, 2023