Corporate Applications and Other Requests:
IN THIS ISSUE:
||Letter denies Bank's request for a no-action letter for noncompliance with the requirement to prepare a Registration Statement under Part 16, but grants Bank's request for noncompliance with the continuing reporting requirements of 12 C.F.R. 16.20, in connection with sale of stock underlying exercise of warrants. 04/30/2007
||Change in Bank control of Sky Trust , National Association, Pepper Pike, Ohio, by Huntington Bancshares Incorporated and Penguin Acquisition, LLC (Control Number 2007 CE 11 001), 04/19/2007
Approvals with conditions enforceable under 12 U.S.C. 1818
||Applications by South Bay Bank, National Association, Torrance, California, to relocate the main office; establish a branch at the former main office location; to sell substantially all of its assets and liabilities to First California Bank, Camarillo, California; and to reduce its capital. (Control Numbers 2007 WE 07 022, 2007 WE 05 0064, 2007 WE 12 0086, & 2007 WE 12 0090), 06/04/2007
||Application by nBank, National Association, Commerce, Georgia for a change in the composition of its assets; and to merge nBank, National Association into nBank Corp, Commerce Georgia and to terminate its national bank status (Control Numbers 2007 SO 12 0083, 2007 SO 12 0084, & 2007 SO 09 0010), 06/08/2007
||Application to establish a new national bank with the title of "Southern California National Bank," New Port Beach, California (Control Number 2007 WE 01 0003), 06/12/2007
||Application to reorganize Borrego Springs Bank, N.A., Borrego Springs, California to become a subsidiary of a bank holding company (Control Number 2007 WE 12 0084), 06/21/2007
Final Enforcement Actions
Enclosed is a copy of the OCC's news release number
2007-74, announcing the availability of enforcement actions. Copies of
the final actions are available by writing to the OCC, Public Information Room,
Mail Stop 1-5, Washington, D.C. 20219. When ordering, specify the appropriate
enforcement action number.
Community Reinvestment Act (CRA) Performance
Enclosed is a list of CRA performance evaluations that
became public during the period of June 15, 2007 through
July 14, 2007.
PLEASE NOTE: Interpretive Letters and No-Objection
Letters reflect the views of the Comptroller's legal staff. Corporate
Decisions, CRA Decisions and Conditional Approvals are from the office of
Licensing. The Community Development Investment Letters are from the office of
Community Affairs. The list of CRA Ratings is from the Communications Division.
For copies of the CRA evaluations, you may either contact the bank directly, or
you may write to the Office of the Comptroller of the Currency (OCC) in any of
three ways: by mail to the OCC, Attn: Public Information Room, Mail Stop 1-5,
Washington, D.C. 20219; by fax to (202) 874-4448; or by e-mail to
FOIA-PA@occ.treas.gov. You may also write to the OCC for copies of enforcement
actions and charters with standard conditions.
Members of the news media are encouraged to cite the
letter number when reporting or summarizing documents from this package. This
helps us to process single requests based upon your citation in a timelier
The Office of the Comptroller of the Currency publishes INTERPRETATIONS AND
ACTIONS monthly. Subscriptions are available at a rate of $175 per year by
writing to the Comptroller of the Currency, ATTN: Accounts Receivable, Mail
Stop 4-8, 250 E Street, S.W., Washington, DC 20219. Prepayment is requested.
Suggestions, comments or questions may be sent to Jacqueline J. England,
Comptroller of the Currency, Communications Division, Mail Stop 3-2,
Washington, DC 20219.