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 25, 2006

Filer Filing Type Filing Proposal End of Comment Period
COMMUNITY BANCSHARES OF KANSAS, INC. * 3A1 Community Bancshares of Kansas, Inc., Goff, Kansas, to become a bank holding company through the acquisition of 100 percent of the voting shares of Nemaha Investment Company, Inc., Merriam, Kansas, parent of First State Bank of Goff, Goff, Kansas.
Newspaper: Not available
Federal Register: 12/04/2006
COMMUNITY BANKS OF COLORADO * Branch Community Banks of Colorado, Greenwood Village, Colorado, to establish branches at 2460 F Road, Space 2, Grand Junction, Colorado; and at 100 West Colorado Avenue, Unit C, Telluride, Colorado.
Newspaper: 12/18/2006
Federal Register: Not applicable
COMMUNITY BANKSHARES, INC. * 3A3 Community Bankshares, Inc., Greenwood Village, Colorado, to acquire 100 percent of the voting shares of Citizens Financial Corporation, parent of Citizens State Bank of Cortez, both in Cortez, Colorado.
Newspaper: Not available
Federal Register: 12/26/2006
INVESTMENT OPTS, LLC * 3A1 Investment Opts, LLC, Wray, Colorado, to become a bank holding company through the acquisition of 60 percent of the voting shares of FarmBank Holding, Inc., parent of First FarmBank (in organization), both in Greeley, Colorado. FarmBank Holding, Inc., to become a bank holding company through the acquisition of 100 percent of the voting shares of First FarmBank (in organization), both in Greeley, Colorado.
Newspaper: Not available
Federal Register: Not available


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 First Quarter of 2007 (January 1, 2007 - March 31, 2007)

Institution Location
1ST BK EVANSTON, WYOMING
BANK OF BENNINGTON BENNINGTON, NEBRASKA
BANK OF CHEROKEE CTY HULBERT, OKLAHOMA
BANK OF KREMLIN KREMLIN, OKLAHOMA
BANK OF NEWMAN GROVE NEWMAN GROVE, NEBRASKA
BUTTE ST BK BUTTE, NEBRASKA
CITIZENS BK VELMA, OKLAHOMA
EXCHANGE B&TC PERRY, OKLAHOMA
FIRST BETHANY BK & TR BETHANY, OKLAHOMA
FIRST CMNTY BK TAOS, NEW MEXICO
FIRST ST BK ANADARKO, OKLAHOMA
SOLUTIONSBANK OVERLAND PARK, KANSAS

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