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 12/09/2000

  • 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 California Center Bank, Los Angeles, California, to establish a branch office at 4444 Convoy Street, Suite A-200, San Diego, California. * Newspaper - 12/07/2000
    * 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)(5) Fontier Financial Corporation, Everett, Washington, to merge with Interbancorp, Inc. and thereby indirectly acquire its subsidiary, Inter Bank, both of Duvall, Washington. * Newspaper - 01/12/2001 Fed Reg - 01/04/2001
    * 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  
    4(c)(8) Neighborhood Bancorp, San Diego, California, to engage de novo in making, acquiring, brokering, servicing loans, or other extensions of credit, and acting as an investment advisor through a proposed investment in GCF Management, LLC, and Goodman Capital, LLC, San Diego, California.  
    4(c)(8) Farmers & Merchants Bancorp, Lodi, California to engage in a lease purchase option of a property to Lodi House, Lodi, California, a non-profit organization.  
    S/R Westamerica Bank to pay dividend in the amount of $20 million to its parent, Westamercia Bancorporation, both of San Rafael, California.  

    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.

    Section VI - CRA Examinations Scheduled 1st Quarter of 2001

    Institution

    Location

    None.

    *Subject to CRA.