The Federal Reserve Bank of San Francisco
Home Careers Fed Links Subscriptions
Banking Information
Notice of Formations & Mergers of, & Acquisitions by, BHCs; Change in Bank Control

Week ending 10/30/1999

  • Section I - Applications Subject to Newspaper Notice Only
  • Section II - Applications Subject to Both Newspaper and Federal Register Notice
  • Section III - Applications Subject to Federal Register Only
  • Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice
  • Section V - Availability of CRA Public Evaluations

    • Section I
    Applications Subject to Newspaper Notice Only

    Type Application Ending date of comment period
    Branch M & I Thunderbird Bank, Phoenix, Arizona, to establish a branch office at the corner of 19th Avenue and Mohawk Lane, Phoenix, Arizona. Newspaper -
    11/12/1999

     

    Section II
    Applications Subject to Both Newspaper and Federal Register Notice

    Type Application Ending date of comment period
    3(a)(1) FNB Bancorp, Layton, Utah, to become a bank holding company by acquiring The First National Bank of Layton, Utah.* Newspaper -
    11/26/1999
    Fed Reg -
    11/22/1999
    CIC Imperial Credit Industries, Inc., Torrance, California, to acquire approximately 14.7 percent of Bay View Capital Corporation, San Mateo, California.* Newspaper -
    11/17/1999
    Fed Reg -
    11/12/1999

    Section III
    Applications Subject to Federal Register Only

    Type Application Ending date of comment period
    4(c)(8) Banque Nationale de Paris, and Paribas T1, both of Paris, France; to acquire Paribas Corporation, New York, New York, and thereby indirectly acquire Paribas Asset Management, Inc., New York, New York, and Paribas Futures, Inc., New York, New York,, and thereby engage in underwriting and dealing to a limited extent in all types of equity securities and debt securities that a member bank may not underwrite or deal in. Fed Reg -
    11/17/1999

     

    Section IV
    Applications Not Subject to Federal Register Notice or Newspaper Notice

    None.

    Section V
    Publicly Available CRA 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.

    The federal bank regulators use the following four 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:

    RSSD
    number
    Institution/Location    		 Examination
    date    		 CRA
    public date    		 CRA
    rating
    Exam type
    Lrg Bk     Sm Bk
    528568 Harris Trust Bank of AZ
    6720 N. Scottsdale Road, Suite 111
    Scottsdale, AZ
    85253-5401
    (602) 951-4900     		06/28/1999 10/27/1999 S X

    The above listing has been prepared as a courtesy by the Federal Reserve Bank of San Francisco, and is not intended to replace formal notices required by statute or regulation; the Reserve Bank assumes no responsibility for errors or omissions.

    *Subject to CRA.