Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
District 1: Federal Reserve Bank of Boston PDF
Filings received during the week ending April 4, 2026
| Filer | Filing Type | Filing Proposal | End of Comment Period | |
|---|---|---|---|---|
| Newspaper | Federal Register | |||
| SANTANDER HOLDINGS USA, INC. | * 3A3 Listed Going Concern | Application by Banco Santander, S.A., Boadilla del Monte (Madrid), Spain, and Santander Holdings USA, Inc., (together, "Santander") Boston, Massachusetts, for prior approval of the Board of Governors of the Federal Reserve System (the "Board"), pursuant to section 3(a)3 of the Bank Holding Company Act of 1956, as amended ("BHC Act"), to acquire 100 percent of Webster Financial Corporation ("Webster"), and thereby indirectly acquire Webster Bank, National Association, both of Stamford, Connecticut. In addition, Santander, through the acquisition of Webster, pursuant to section 4(c)(8) of the BHC Act, would indirectly acquire MW Advisor Holding, LLC, MW Advisor, LLC, and Marathon Direct Lending SLP, LLC, all of Wilmington, Delaware, and thus engage in investment advisory activities pursuant to section 225.28(b)(6) of the Board's Regulation Y. | Not available | 05/07/2026 |
| STONEHAMBANK | * 3A1 | Application by 1887 Bancorp, MHC, Stoneham, Massachusetts ("Applicant"), for prior approval of the Board of Governors of the Federal Reserve System (the "Board"), pursuant to section 3(a)(1) of the Bank Holding Company Act of 1956, as amended, to become a bank holding company by acquiring StonehamBank, A Co-operative Bank, Stoneham, Massachusetts ("Target"), upon the conversion of Target from mutual to stock form. | Not available | 05/08/2026 |
* 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 |
|---|---|---|---|---|---|
| FRANKLIN SVG BK, FARMINGTON, MAINE | 228000 | 12/07/2025 | 08/18/2025 | O | Int Small Bank |
CRA Examinations scheduled for Quarter of
| Institution | Location | Quarter |
|---|---|---|
| NONE | ||