| Notice
of Formations & Mergers of, & Acquisitions by, BHCs; Change in Bank Control
Week ending 11/11/2000
| Type |
Application |
Ending date of comment period |
| None |
|
|
| Type |
Application |
Ending date of comment period |
| CIC |
David Blaine Weyrich, P Robles, California, to increase
his ownership up to aso 25 percent of Heritage Oaks Bancorp, Paso
Robles, California. * |
Newspaper - N/Avail
Fed Reg - N/Avail |
| * 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 |
| S/R |
Oak Valley Community Bank, Oakdale, California, to repurchase
up to 5 percent of its outstanding shares. |
|
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.
Section VI - CRA Examinations Scheduled 1st Quarter
of 2001
|
Institution
|
Location
|
|
Business Bank of Nevada
|
Las Vegas, NV
|
|
California Center Bank
|
Los Angeles, CA
|
|
Heritage Bank of Commerce
|
San Jose, CA
|
|
Oregon Pacific Banking Company
|
Florence, OR
|
|
Placer Sierra Bank
|
Auburn, CA
|
|
Silicon Valley Bank
|
Santa Clara, CA
|
|
Sunstate Bank
|
Casa Grande, AZ
|
|
Utah Independent Bank
|
Salina, UT
|
|
Valley Independent Bank
|
El Centro, CA
|
|
The inclusion on the list of institutions that are scheduled to
undergo CRA examinations in the next calendar quarter is not determinative
of whether the institution will be examined in that quarter. Reserve
Banks may need to defer a planned examination or conduct an unforeseen
examination because of scheduling difficulties or other circumstances.
|
*Subject to CRA.
|
