Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
District 12: Federal Reserve Bank of San Francisco PDF
Filings received during the week ending August 8, 2026
| Filer | Filing Type | Filing Proposal | End of Comment Period | |
|---|---|---|---|---|
| Newspaper | Federal Register | |||
| 7 Gen Holdings, Inc. | * 3A1 | 7 Gen Holdings, Inc., Murrieta, California; to become a bank holding company by acquiring Legacy Bank, Murrieta, California, and to become a wholly-owned subsidiary of Legacy Bancorp, San Jacinto, California. | Not available | 09/14/2026 |
| Column Holdings Inc. | * 3A5 Election (Domestic) | Column Holdings, Inc., Wilmington, Delaware, to become a bank holding company by acquiring Column National Association, Salt Lake City, Utah. In addition, Column Holdings, Inc., elects to become a financial holding company. | Not available | Not available |
| FIRST PACIFIC BANK | * Branch (Domestic) | First Pacific Bank, Whittier, California, to establish a new branch office at 74361 CA-111, Suite 7, Palm Desert, California. | Not available | Not applicable |
| WESTAMERICA BANK | * Branch (Domestic) | Westamerica Bank, San Rafael, California, to establish a new branch office at 3130 Crow Canyon Place, Suite 100, San Ramon, California. | 08/28/2026 | Not applicable |
| WESTERN ALLIANCE BANK | Public Welfare Investment | Western Alliance Bank, Phoenix, Arizona, request approval to make a public welfare investment of $50,986,794 in Raymond James Housing Opportunities Fund 94 LLC for a Block A Family Apartments, a 272-unit housing development in San Jose, California. | 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 |
|---|---|---|---|---|---|
| COMMENCEMENT BK, TACOMA, WASHINGTON | 3537897 | 03/09/2026 | 10/06/2025 | S | Int Small Bank |
| COMMERCEWEST BK, IRVINE, CALIFORNIA | 3052813 | 06/14/2025 | 02/24/2025 | S | Int Small Bank |
| CORNERSTONE CMNTY BK, RED BLUFF, CALIFORNIA | 3485420 | 08/29/2025 | 05/12/2025 | S | Int Small Bank |
| DBA OR PACIFIC BK, FLORENCE, OREGON | 160360 | 05/28/2026 | 01/12/2026 | S | Int Small Bank |
| MISSION BK, BAKERSFIELD, CALIFORNIA | 2736714 | 11/02/2025 | 07/07/2025 | O | Int Small Bank |
CRA Examinations scheduled for Quarter of
| Institution | Location | Quarter |
|---|---|---|
| NONE | ||