Notice
of Formations & Mergers of, & Acquisitions by, BHCs; Change in Bank
Control
Week ending 08/09/2003
| Type |
Application |
Ending date of
comment period |
| None |
|
|
* Subject to the provisions
of the Community Reinvestment Act
Newspaper - Newspaper Comment Period Ending Date |
| Type |
Application
|
Ending date
of
comment period |
| 4(c)(8) |
First National Bank
Holding Company, Scottsdale, Arizona, to acquire 100 percent of Access
Anytime BanCorp, Inc., Albuquerque, New Mexico, and thereby indirectly
acquire FirstBank FSB, Clovis, New Mexico, and thereby operate a savings
association. * |
Newspaper -
08/29/2003
Fed Reg - 08/29/2003 |
| CIC |
Notice by Robert Lee
McKean, North Plains, Oregon, to increase his ownership in Albina
Community Bancorp, Portland, Oregon. * |
Newspaper -
08/21/2003
Fed Reg - 07/17/2003 |
| 3(a)(1) |
Rainier Pacific Financial
Group, Inc., Fife, Washington, to become a bank holding company by
acquiring 100 percent of Rainier Pacific Savings Bank, Fife, Washington.
* |
Newspaper -
9/03/2003
Fed Reg - 09/04/2003 |
|
* 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 |
|
|
| |
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 |
|
1471577
|
Sun Country Bank
13792 Bear Valley Road
Victorville, California 92392
(760) 240-2262 |
4/14/2003
|
8/06/2003
|
S |
|
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 for Quarter of
| Institution |
Location |
| Bank of Ephraim |
Ephraim, Utah |
| Bank of Petaluma |
Petaluma, California |
| Bay Area Bank |
Redwood City, California |
| Bay Bank of Commerce |
San Leandro, Califiornia |
| Central California
Bank |
Sonora, California |
| Coast Commercial Bank |
Santa Cruz, California |
| Mid-Peninsula Bank |
Palo Alto, California |
| Peninsula Bank of Commerce |
Millbrae, California |
| Silicon Valley Bank |
Santa Clara, California |
| Vintage Bank |
Napa, California |
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.
|
