| Notice
of Formations & Mergers of, & Acquisitions by, BHCs; Change in Bank Control
Week ending 11/18/2000
| Type |
Application |
Ending date of comment period |
| Branch |
The Vintage Bank, Napa, California, to
establish a branch office at 1065 Main Street, St. Helena, California.
* |
Newspaper - 11/24/2000 |
* Subject to the provisions of the Community Reinvestment
Act
Newspaper - Newspaper Comment Period Ending Date
|
| Type |
Application |
Ending date of comment period |
|
CIC
|
David B. and Mary T. Weyrich, Paso Robles, California, to acquire
additional shares of Heritage Oaks Bancorp, Paso Robles, California.
*
|
Newspaper - N/Avail
Fed Reg - 12/04/2000
|
|
3(a)(1)
|
New Corporation, Oakland, California, to become a bank holding
company by acquiring Met Financial Corporation, and thereby indirectly
acquiring Metropolitan Bank, both of Oakland, California. *
|
Newspaper - 11/24/2000
Fed Reg - 11/24/2000
|
|
3(a)(3)
|
First National Bank of Nevada Holding Company, Scottsdale, Arizona,
to acquire Rocky Mountain Bank, Chandler, Arizona. *
|
Newspaper - 12/22/2000
Fed Reg - N/Avail
|
|
3(a)(1)
|
Mitsubishi Tokyo Financial Group, Inc., Tokyo, Japan, to become
a bank holding company by acquiring Bank of Tokyo-Mitsubishi Trust
Company, New York, New York; Mitsubishi Trust and Banking Corporation
(U.S.A.), New York, New York; and UnionBanCal Corporation, San Francisco,
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 |
|
4(c)(8)
|
Mitsubishi Tokyo Financial Group, Inc., Tokyo, Japan, to engage
indirectly in certain nonbanking activities by acquiring Bank of
Tokyo-Mitsubishi Trust Company, New York, New York; Mitsubishi Trust
and Banking Corporation (U.S.A.), New York, New York; and UnionBanCal
Corporation, San Francisco, California.
|
Fed Reg - N/Avail
|
| Fed Reg - Federal Register Comment Period Ending Date |
| Type |
Application |
Ending date of comment period |
|
4(c)(8)
|
Wells Fargo & Company, San Francisco, California, Wells Fargo
Financial Servcies, Inc., and Wells Fargo Financial, Inc., both
of Des Moines, Iowa, to acquire Flagship Credit Corporation, Philadelphia,
Pennsylvania.
|
|
|
Member
|
Southwest Bank of Phoenix (In Organization), Phoenix, Arizona,
to become a member of the Federal Reserve System.
|
|
|
3(a)(5)(C)
|
Nara Bancorp, Inc., to become a bank holding company by acquiring
Nara Bank, N.A., both of Los Angeles, California.
|
|
|
3(a)(5)(C)
|
Pacifica Bancorp, Inc., to become a bank holding company by acquiring
Pacifica Bank, both of Bellevue, Washington.
|
|
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
None.
*Subject to CRA.
|
