Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
District 2: Federal Reserve Bank of New York PDF
Filings received during the week ending August 23, 2025
| Filer | Filing Type | Filing Proposal | End of Comment Period | |
|---|---|---|---|---|
| Newspaper | Federal Register | |||
| GLENVILLE BANK HOLDING COMPANY, INC. | Change in Bank Control | LH Buhrmaster Qualified Family Limited Partnership, Scotia, New York; to join the LH Buhrmaster Family Control Group, a group acting in concert, to acquire voting shares of Glenville Bank Holding Company, Inc., and thereby indirectly acquire voting shares of First National Bank of Scotia, both of Scotia, New York. | Not available | Not available |
| GOLDMAN SACHS BANK USA | Public Welfare Investment | Goldman Sachs Bank USA, New York, New York, to make a public welfare investment, pursuant to Section 208.22(d) of Regulation H. | Not applicable | Not applicable |
| ICICI BANK LIMITED | Rep Office | ICICI Bank Limited, Mumbai, India, to establish two representative offices in Chicago, Illinois and Edison, New Jersey, pursuant to Section 10(a) of the International Banking Act, and Section 211.24(a)(2)(i)(B)(2) of Regulation K. | Not available | Not applicable |
| MANUFACTURERS AND TRADERS TRUST COMPANY | Public Welfare Investment | Manufacturers & Traders Trust Company, Buffalo, New York, requests for blanket approval to make certain public welfare investments pursuant to section 208.22(d) of Regulation H. | Not applicable | Not 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 / Location | RSSD ID | Exam Date | CRA Public Date | CRA Rating | Exam Method |
|---|---|---|---|---|---|
| FIELDPOINT PRIV B&TC, GREENWICH, CONNECTICUT | 3664588 | 08/18/2024 | 01/16/2024 | NI | Int Small Bank |
CRA Examinations scheduled for Fourth Quarter of 2025 (October 1, 2025 - December 31, 2025) and First Quarter of 2026 (January 1, 2026 - March 31, 2026)
| Institution | Location | Quarter |
|---|---|---|
| METROPOLITAN CMRL BK | NEW YORK, NEW YORK | Fourth Quarter of 2025 |
| MIZUHO BK USA | NEW YORK, NEW YORK | Fourth Quarter of 2025 |
| SOLVAY BK | SOLVAY, NEW YORK | Fourth Quarter of 2025 |