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Notice of Formations & Mergers of, & Acquisitions by, BHCs; Change in Bank Control

Week ending 12/02/2000

  • 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 VI - CRA Examinations Scheduled

  • Section I - Applications Subject to Newspaper Notice Only

    Type Application Ending date of comment period

    Branch

    Placer Sierra Bank, Auburn, California, to establish a branch office at 33384 Coach Lane, Cameron Park, California. *

    Newspaper - 11/29/2000

    * Subject to the provisions of the Community Reinvestment Act
    Newspaper - Newspaper Comment Period Ending Date



    Section II - Applications Subject to Both Newspaper and Federal Register Notice

    Type Application Ending date of comment period

    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 - 12/20/2000

    Fed Reg - 12/21/2000

    CIC

    David B. and Mary T. Weyrich, Paso Robles, to acquire additional shares of Heritage Oaks Bancorp, Paso Robles, California. *

    Newspaper - 12/11/2000

    Fed Reg - 12/04/2000

    * Subject to the provisions of the Community Reinvestment Act
    Fed Reg - Federal Register Comment Period Ending Date
    Newspaper - Newspaper Comment Period Ending Date

     


    Section III - Applications Subject to Federal Register Only

    Type Application Ending date of comment period

     

     

     

     


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

    Type Application Ending date of comment period

    4(c)(9)

    The Bank of Tokyo-Mitsubishi, Ltd., Tokyo, Japan, to increase ownership up to approximately 32.78 percent of Kokusai Securities, Ltd., Tokyo, Japan.

     


    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

    LrgBk

    SmBk

    785062

    Santa Barbara Bank & Trust
    1021 Anacapa Street
    Santa Barbara, CA 93101-2102
    (805) 564-6300

    07/24/2000

    11/28/2000

    O

    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.



    Section VI - CRA Examinations Scheduled 1st Quarter of 2001

    Institution

    Location

    None.


    *Subject to CRA.