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 November 17, 2007

Filer Filing Type Filing Proposal End of Comment Period
CITIZENS BANKSHARES, INC. CIC Notice filed by the 2007 Voting Trust Agreement, and its trustees, Albert Charles Kelly, Jr. and Peter John Kelly, both of Bristow, Oklahoma; Shawn Trevor Kelly, Edmond, Oklahoma; Paul Harrison Cornell, Tulsa, Oklahoma; and Allison Asbury Kelly, Okemah, Oklahoma, all to acquire control of Citizens Bankshares, Inc., Okemah, Oklahoma, parent of Citizens State Bank, Okemah, Oklahoma.
Newspaper: Not available
Federal Register: 11/21/2007
HARKER INVESTMENTS, LLLP 4c8
* 3A1
Harker Investments, LLLP, Denver, Colorado, to become a bank holding company and to engage in selling credit life insurance through the acquisition of 100 percent of the voting shares of The Kit Carson Insurance Agency, Inc., parent of Kit Carson State Bank, both in Kit Carson, Colorado.
Newspaper: Not available
Federal Register: 12/17/2007
TRICENTURY CORPORATION * 3A1 TriCentury Corporation, Overland Park, Kansas, to become a bank holding company through the acquisition of 100 percent of the voting shares of Nine Tribes Bancshares, Inc., parent of The Bank of Quapaw, both in Quapaw, Oklahoma.
Newspaper: 12/15/2007
Federal Register: 12/13/2007


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
BANK OF COMMERCE, CHELSEA, OKLAHOMA 152057 08/13/2007 10/30/2007 S Small Bank
BANK OF WYANDOTTE, WYANDOTTE, OKLAHOMA 59754 07/30/2007 10/30/2007 S Small Bank
PLATTE VALLEY ST B&TC, KEARNEY, NEBRASKA 10858 07/23/2007 10/30/2007 S Large Bank


CRA Examinations scheduled for     Quarter of

Institution Location
NONE

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