| Notice
of Formations & Mergers of, & Acquisitions by, BHCs; Change in Bank Control
Week ending 11/04/2000
| Type |
Application |
Ending date of comment period |
| None |
|
|
| Type |
Application |
Ending date of comment period |
| 3(a)(1) |
UFJ Holdings, Inc., Osaka, Japan, to become a bank holding
company by acquiring The Sanwa Bank, Limited, Osaka, Japan and The
Tokai Bank, Limited, Nagoya, Japan. * |
Newspaper - 11/27/2000
Fed Reg - 11/24/2000 |
* Subject to the provisions of the Community Reinvestment Act
Fed Reg - Federal Register Comment Period Ending Date
Newspaper - Newspaper Comment Period Ending Date
N/Avail - Not Available (Not yet available; Not available at this
time) |
| Type |
Application |
Ending date of comment period |
| none |
|
|
| Fed Reg - Federal Register Comment Period Ending Date |
| Type |
Application |
Ending date of comment period |
| none |
|
|
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
evEÎù
|
