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Federal Register/Vol. 75, No. 62/Thursday, April 1, 2010/Notices

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Federal Register/Vol. 75, No. 62/Thursday, April 1, 2010/Notices Federal Register / Vol. 75, No. 62 / Thursday, April 1, 2010 / Notices 16463 FEDERAL HOUSING FINANCE FOR FURTHER INFORMATION CONTACT: 12 CFR 1290.3(b). All members, AGENCY Rona Richardson, Office Assistant, including those not subject to CRA, Housing Mission and Goals, Federal must meet the first-time homebuyer [No. 2010–N–04] Housing Finance Agency, by telephone standard. 12 CFR 1290.3(c). at 202–408–2945, by electronic mail at Under the rule, FHFA selects Federal Home Loan Bank Members [email protected], or by approximately one-eighth of the Selected for Community Support hard-copy mail at the Federal Housing members in each Bank district for Review Finance Agency, 1625 Eye Street, NW., community support review each Washington, DC 20006. calendar quarter. 12 CFR 1290.2(a). AGENCY: Federal Housing Finance SUPPLEMENTARY INFORMATION: FHFA will not review an institution’s Agency. community support performance until it ACTION: Notice. I. Selection for Community Support has been a Bank member for at least one Review year. Selection for review is not, nor SUMMARY: The Federal Housing Finance Section 10(g)(1) of the Federal Home should it be construed as, any Agency (FHFA) is announcing the Loan Bank Act (Bank Act) requires indication of either the financial Federal Home Loan Bank (Bank) FHFA to promulgate regulations condition or the community support members it has selected for the 2008–09 establishing standards of community performance of the member. eighth round review cycle under the investment or service Bank members Each Bank member selected for FHFA’s community support must meet in order to maintain access review must complete a Community requirements regulation. This notice to long-term advances. See 12 U.S.C. Support Statement and submit it to also prescribes the deadline by which 1430(g)(1). The regulations promulgated FHFA by the May 17, 2010 deadline Bank members selected for review must by FHFA must take into account factors prescribed in this notice. 12 CFR submit Community Support Statements such as the Bank member’s performance 1290.2(b)(1)(ii) and (c). On or before to FHFA. under the Community Reinvestment Act April 15, 2010, each Bank will notify DATES: Bank members selected for the of 1977 (CRA), 12 U.S.C. 2901 et seq., the members in its district that have review cycle under the FHFA’s and record of lending to first-time been selected for the 2008–09 eighth community support requirements homebuyers. See 12 U.S.C. 1430(g)(2). round community support review cycle regulation must submit completed Pursuant to section 10(g) of the Bank that they must complete and submit to Community Support Statements to Act, FHFA has promulgated a FHFA by the deadline a Community FHFA on or before May 17, 2010. community support requirements Support Statement. 12 CFR ADDRESSES: Bank members selected for regulation that establishes standards a 1290.2(b)(2)(i). The member’s Bank will the 2008–09 eighth round review cycle Bank member must meet in order to provide a blank Community Support under the FHFA’s community support maintain access to long-term advances, Statement Form (OMB No. 2590–0005), requirements regulation must submit and review criteria FHFA must apply in which also is available on the FHFA’s completed Community Support evaluating a member’s community Web site: http://www.fhfa.gov/webfiles/ Statements to FHFA either by hard-copy support performance. See 12 CFR part 2924/FHFAForm060.pdf. Upon request, mail at the Federal Housing Finance 1290. The regulation includes standards the member’s Bank also will provide Agency, Housing Mission and Goals, and criteria for the two statutory assistance in completing the 1625 Eye Street, NW., Washington, DC factors—CRA performance and record of Community Support Statement. 20006, or by electronic mail at lending to first-time homebuyers. 12 FHFA has selected the following hmgcommunitysupportprogram@ CFR 1290.3. Only members subject to members for the 2008–09 eighth round fhfa.gov. the CRA must meet the CRA standard. community support review cycle: Federal Home Loan Bank of Boston—District 1 First Bristol Federal Credit Union ......................................................................... Bristol .................................................... Connecticut. Savings Bank of Danbury .................................................................................... Danbury ................................................ Connecticut. American Eagle Federal Credit Union ................................................................. East Hartford ......................................... Connecticut. First Bank of Greenwich (The) ............................................................................. Greenwich ............................................. Connecticut. Seasons Federal Credit Union ............................................................................. Middletown ............................................ Connecticut. Dime Bank ............................................................................................................ Norwich ................................................. Connecticut. Darien Rowayton Bank ........................................................................................ Rowayton .............................................. Connecticut. Western Connecticut Federal Credit Union ......................................................... Sandy Hook .......................................... Connecticut. Stafford Savings Bank .......................................................................................... Stafford Springs .................................... Connecticut. Stamford Federal Credit Union ............................................................................ Stamford ............................................... Connecticut. Sikorsky Financial Credit Union ........................................................................... Stratford ................................................ Connecticut. Torrington Savings Bank ...................................................................................... Torrington .............................................. Connecticut. Constitution Corporate Federal Credit Union ....................................................... Wallingford ............................................ Connecticut. Waterbury Connecticut Teachers Federal Credit Union ...................................... Waterbury ............................................. Connecticut. Webster Bank, NA ................................................................................................ Waterbury ............................................. Connecticut. Mutual Security Credit Union ............................................................................... Wilton .................................................... Connecticut. Maine State Credit Union ..................................................................................... Augusta ................................................. Maine. Biddeford Savings Bank ....................................................................................... Biddeford ............................................... Maine. Atlantic Regional Federal Credit Union ................................................................ Brunswick .............................................. Maine. Franklin-Somerset Federal Credit Union ............................................................. Farmington ............................................ Maine. Central Maine Federal Credit Union .................................................................... Lewiston ................................................ Maine. Rainbow Federal Credit Union ............................................................................. Lewiston ................................................ Maine. TruChoice Federal Credit Union .......................................................................... Portland ................................................. Maine. Evergreen Credit Union ........................................................................................ Westbrook ............................................. Maine. The Provident Bank .............................................................................................. Amesbury .............................................. Massachusetts. Athol-Clinton Co-Operative Bank ......................................................................... Athol ...................................................... Massachusetts. VerDate Nov<24>2008 16:51 Mar 31, 2010 Jkt 220001 PO 00000 Frm 00042 Fmt 4703 Sfmt 4703 E:\FR\FM\01APN1.SGM 01APN1 mstockstill on DSKH9S0YB1PROD with NOTICES 16464 Federal Register / Vol. 75, No. 62 / Thursday, April 1, 2010 / Notices First Priority Credit Union ..................................................................................... Boston ................................................... Massachusetts. Massachusetts State Employees Credit Union .................................................... Boston ................................................... Massachusetts. Members Plus Credit Union ................................................................................. Boston ................................................... Massachusetts. Bridgewater Savings Bank ................................................................................... Bridgewater ..........................................
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