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: 11
Federal Reserve Bank of: Dallas

Filings received during the week ending September 23, 2017

Filer Filing Type Filing Proposal End of Comment Period
RIVERBEND FINANCIAL CORPORATION CIC Notice by Shair Baz Hakemy and Sabreena Hakemy, both of Southlake, Texas, as a group acting in concert (the Hakemy Family Group - Retroactive), to retain, acquire, and control 25 percent or more of the voting securities of Riverbend Financial Corporation, Fort Worth, Texas; and Shair Baz Hakemy, to acquire 25 percent or more of the voting securities and therefore to control Riverbend Financial Corporation, which controls Riverbend Bank, Fort Worth, Texas.
Newspaper: 10/05/2017
Federal Register: 10/10/2017
SUSSER BANK HOLDINGS, LLC * SLHC Formation Application by Susser Bank Holdings LLC, Corpus Christi, Texas, to become a savings and loan holding company by acquiring and controlling up to 75 percent of the issued and outstanding voting shares of BancAffiliated, Inc., Arlington, Texas, and thereby acquire control of Affiliated Bank, Bedford, Texas.
Newspaper: Not available
Federal Register: 10/19/2017
VERITEX COMMUNITY BANK * 18C
* Branch
Application by Veritex Community Bank, Dallas, Texas, to acquire by merger Liberty Bank, Hurst, Texas, and to establish the existing five locations of Liberty Bank as branches of Veritex Community Bank.
Newspaper: Not available
Federal Register: Not applicable


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
NONE


CRA Examinations scheduled for     Quarter of

Institution Location Quarter
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