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 April 10, 2021

Filer Filing Type Filing Proposal End of Comment Period
CHARLES SCHWAB BANK, SSB PWI Charles Schwab Bank, SSB, Westlake, Texas, to make a Community Development and Public Welfare Investment, pursuant to Section 208.22(d) of Regulation H.
Newspaper: Not applicable
Federal Register: Not applicable
CHARLES SCHWAB BANK, SSB PWI Charles Schwab Bank, SSB, Westlake, Texas, to make a community development and public welfare investment of $12,745,927 in Raymond James Housing Opportunity Fund 50, L.L.C.. (Avocado Heights), pursuant to Section 208.22(d) of Regulation H.
Newspaper: Not applicable
Federal Register: Not applicable
CHARTER BANCSHARES, INC. 4c8 Charter Bancshares, Inc., Corpus Christi, Texas, engaged in activities permitted by 12 CFR 225.28(b)(1), through loan participations purchased from its wholly owned subsidiary bank, Charter Bank, Corpus Christi, Texas.
Newspaper: Not applicable
Federal Register: 04/21/2021
GROESBECK BANCSHARES, INC. CIC Notice under the Change in Bank Control Act filed by Stephen McBay Bradley, Mark Read Bradley, and Robin Elizabeth Bradley, and the 2012 Irrevocable Trust f/b/o a minor child, all of Groesbeck, Texas, to retain shares of Groesbeck Bancshares, Inc. ("Company"), and indirectly Farmers State Bank, both of Groesbeck, Texas, and to therefore join the Bradley Family Group; and by Lindsey Bradley Hale, Mansfield, Texas, and Benjamin Bradley, Tampa Bay, Florida, to acquire shares of Company and to therefore join the Bradley Family Group
Newspaper: 04/22/2021
Federal Register: 04/26/2021
MAYPEARL BANCSHARES, INC. CIC Jane C. Wilemon, individually, and as trustee of the Wilemon Family Trust and the Wilemon Survivors Trust, comprising the Jane C. Wilemon Family Control Group, a group acting in concert, to retain voting shares of Maypearl Bancshares, Inc., and thereby indirectly retain voting shares of The Cowboy Bank of Texas, all of Maypearl, Texas.
Newspaper: 04/20/2021
Federal Register: Not available
RIVERBEND FINANCIAL CORPORATION CIC Barkat Ali, Southlake, Texas, Kevin Johnston, Pantego, Texas, Mike Farhat, Southlake, Texas, Judy Han, Houston, Texas, Wea Lee, Houston, Texas, Young Yoo, Dallas, Texas, Jeung-Ho Park, Irving, Texas, Clinton Dunn, Dallas, Texas, Andrew Park, Santa Clarita, California, and Mihir Patel, Coppell, Texas, as a group acting in concert, to control Riverbend Financial Corporation, and Spectra Bank, both of Fort Worth, Texas
Newspaper: Not available
Federal Register: 08/13/2020


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