The Federal Reserve Bank of San Francisco
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Notice of Formations & Mergers of, & Acquisitions by, BHCs; Change in Bank Control

Week ending 04/29/2000

  • 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 Cache Valley Bank, Logan, Utah, to establish a branch office at 1710 North Main Street, North Logan, Utah. *

    Newspaper - 04/30/2000
    Branch United Security Bank, Fresno, California, to establish a branch office at 318 Diablo Road, Danville, California. * Newspaper - 05/07/2000
    Branch Bank of Orange County, Fountain Valley, California, to establish a branch office at 12215 Telegraph Road, Santa Fe Springs, California. * Newspaper - 05/19/2000
    Branch California Center Bank, Los Angeles, California, to establish a branch office at 1080 South Mount Vernon Avenue, Colton, California. * Newspaper - 05/20/2000
    Branch Nevada First Bank, Las Vegas, Nevada, to establish a branch office at 460 Stephanie Street, Henderson, Nevada. * Newspaper - 05/29/2000

    Section II
    Applications Subject to Both Newspaper and Federal Register Notice

    Type Application Ending date of comment period
    3(a)(3) Eggemeyer Advisory Corp., WJR Corp., Castle Creek Capital LLC, Castle Creek Partners Fund IIa, LP, Castle Creek Partners Fund IIb, LP, and Castle Creek Partners Fund I, LP, all of Rancho Santa Fe, California, to directly and indirectly acquire up to 34.9 percent of State National Bancshares, Lubbock, Texas. *

    Newspaper - 05/24/2000 Fed Reg - 05/26/2000

    3(a)(3) Westamerica Bancorporation, San Rafael, California, to acquire First Counties Bank, Clearlake, California. * Newspaper - N/Avail Fed Reg - 06/05/2000

    Section III
    Applications Subject to Federal Register Only

    None.

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

    Type Application  
    3(a)(5)(C) Merchants Bancorp, Gresham, Oregon, to become a bank holding company by acquiring The Merchants Bank, Gresham, Oregon.  
    Member Network Bank USA, Ontario, California, to become a member of the Federal Reserve System.

     

     


    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:

    None.

    *Subject to CRA.