Federal Reserve Release, H2, Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received

Release dates | Full version (300 KB PDF)
Actions by the Board | Actions under delegated authority
Applications and reports:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco

District: 10
Federal Reserve Bank of: Kansas City

Filings received during the week ending September 20, 2014

Filer Filing Type Filing Proposal End of Comment Period
CORNERSTONE ALLIANCE, LTD. CIC Notification submitted by Robert Craig Duncan and Diana H. Duncan Revocable Trust, R. Craig Duncan and Diana H. Duncan as trustees, all of Winfield, Kansas; Robert E. Duncan Revocable Trust, R. Craig Duncan, as trustee, both of Winfield, Kansas; Jane Gary Duncan Revocable Trust, Jane Gary Duncan, as Trustee, both of Winfield, Kansas; George Duncan and Adrianna Duncan, both of Santa Fe, New Mexico; Spencer Duncan and Tessa Duncan, both of Wichita, Kansas; and Taylor Duncan and Tara Duncan, both of Winfield, Kansas, all as members of the R. Craig Duncan Family Group, to retain control of Cornerstone Alliance, Ltd, parent of CornerBank, both of Winfield, Kansas.
Newspaper: Not available
Federal Register: Not available
ELK COUNTY BANKSHARES, INC. CIC Notification submitted by the Kathryn J. Kelly, Severy, Kansas, as co-trustee of the E. Eugene Kelly Special Trust, to retain control of Elk County Bankshares, Inc., parent of Howard State Bank, both of Howard, Kansas.
Newspaper: Not available
Federal Register: 10/07/2014
GRAFF FAMILY, INC. CIC Notification submitted by P. Mark Graff, McCook, Nebraska; and Mary C. Graff, Clarendon Heights, Illinois; in their individual capacities and as co-trustees of the Peter M. Graff Qualified Marital Trust (the Trust), McCook, Nebraska; Scott A. Thomas, Mendota Heights, Minnesota, as co-trustee of the Trust; and the Trust, to acquire control of Graff Family, Inc., parent of MNB Financial Group, Inc., which controls McCook National Bank, all of McCook, Nebraska.
Newspaper: Not available
Federal Register: 10/09/2014
METCALF BANK * 18C Metcalf Bank, Lee's Summit, Missouri, to merge with Douglas County Bank, Lawrence, Kansas, and incident thereto to establish 7 branches in Lawrence, Kansas and a branch in Eudora, Kansas.
Newspaper: Not available
Federal Register: Not applicable
WHITCORP FINANCIAL COMPANY CIC Notification submitted by the Jeffrey F. Whitham Revocable Trust, Patricia M. Whitham and Tyler F. Whitham, as trustees and to become members of the Whitham Control Group, all of Garden City, Kansas, to acquire control of Whitcorp Financial Company, Leoti, Kansas, parent of Western State Bank, Garden City, Kansas, and Frontier Bank, Lamar, Colorado.
Newspaper: Not available
Federal Register: 09/26/2014


Availability of CRA Public 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.

Federal bank regulators use the following 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.
 
Institution / Location
RSSD
ID
 
Exam Date
CRA
Public Date
CRA
Rating
Exam Method
CITIZENS BK OF KS, KINGMAN, KANSAS 1014853 06/09/2014 09/10/2014 S Small Bank
CITIZENS ST B&TC, ELLSWORTH, KANSAS 733951 06/09/2014 09/09/2014 S Small Bank


CRA Examinations scheduled for     Quarter of

Institution Location
NONE

* Subject to the provisions of the Community Reinvestment Act

Release dates | Full version (300 KB PDF)
Actions by the Board | Actions under delegated authority
Applications and reports:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco