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 August 27, 2016

Filer Filing Type Filing Proposal End of Comment Period
CITIZENS NATIONAL CORPORATION CIC Notification submitted by Rhonda Rainforth, O'Neill, Nebraska; Steven Ott and Adam Ott, both of Wisner, Nebraska; Renee Cleveland and Robert Cheney, both of Norfolk, Nebraska; James Cheney, Charlotte, North Carolina; and John Cheney, Dekalb, Illinois, to acquire control of Citizens National Corporation, Wisner, Nebraska, as members of the Kvols/Ott/Cheney Family Group. Citizens National Corporation controls Citizens State Bank, Wisner, Nebraska, and Cass County State Company, parent of Cass County Bank, Inc., both of Plattsmouth, Nebraska.
Newspaper: Not available
Federal Register: Not available
CORNERSTONE BANK * 18C
* Branch
Cornerstone Bank, York, Nebraska, to purchase certain assets and assume certain liabilities of The State Bank of Hildreth, Hildreth, Nebraska, and incident thereto, to establish a branch.
Newspaper: 09/10/2016
Federal Register: Not applicable
ROXBURY BANCSHARES, INC. CIC Notification submitted by Larry Mulcahy, Olathe, Kansas, proposing to acquire 25.0 percent or more of the voting common stock and thereby control of Roxbury Bancshares, Inc., parent of Roxbury Bank, both of Roxbury, Kansas.
Newspaper: Not available
Federal Register: 08/24/2016


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 VERSAILLES, VERSAILLES, MISSOURI 625850 05/02/2016 08/05/2016 S Small Bank
BATTLE CREEK ST BK, BATTLE CREEK, NEBRASKA 986757 04/25/2016 07/28/2016 S Small Bank
CENTRAL BK OF OK, TULSA, OKLAHOMA 2826316 05/16/2016 08/24/2016 S Int Sm Bank
COLORADO B&TC OF LA JUNTA, LA JUNTA, COLORADO 285151 04/25/2016 07/29/2016 S Small Bank
UNITED B&TC, MARYSVILLE, KANSAS 990352 05/16/2016 08/17/2016 S Int Sm Bank
WEST PLAINS BK, AINSWORTH, NEBRASKA 967952 05/10/2016 08/11/2016 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