Notice
of Formations & Mergers of, & Acquisitions by, BHCs; Change in Bank
Control
Week ending 12/13/2003
| Type |
Application |
Ending date of
comment period |
| Branch |
Bank of Orange County,
Orange, California, to establish a branch facility to be located at
1101 East Orangewood Avenue, Anaheim, California.* |
Newspaper -
12/19/2003 |
| Branch |
United Security Bank,
Fresno, California, to establish a branch facility to be located at
855 M Street, Suite 110, Fresno, California.* |
Newspaper -
12/19/2003 |
* Subject to the provisions
of the Community Reinvestment Act
Newspaper - Newspaper Comment Period Ending Date |
| Type |
Application
|
Ending date
of
comment period |
| 3(a)(1) |
First Commerce Bancorp, Encino,
California, to become a bank holding company by acquiring 100 percent
of First Commerce Bank, Encino, California.* |
Newspaper - 12/26/2003
Fed Reg - 01/05/2004 |
| CIC |
Notice by Arnold Clair Benton and
Neva Clair Benton, Reno, Nevada, to increase their ownership up to
13.03 percent of Heritage Bancorp, Reno, Nevada.* |
Newspaper - N/Avail
Fed Reg - 12/31/2003 |
|
* Subject to the provisions of the Community
Reinvestment Act
Fed Reg - Federal Register Comment Period Ending Date
Newspaper - Newspaper Comment Period Ending Date
|
| 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 |
| 1163171 |
Hacienda Bank
361 Town Center West Santa Maria, CA 93458
(805) 346-8000 |
08/11/2003 |
12/12/2003 |
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 2004
| Institution |
Location |
| None |
|
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.
|
