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: 8
Federal Reserve Bank of: St. Louis

Filings received during the week ending June 14, 2008

Filer Filing Type Filing Proposal End of Comment Period
COMMUNITY BANK * 18C
* Branch
Community Bank, Cabot, Arkansas, to merge with Bank of Mountain View, Mountain View, Arkansas, and to retain the acquired facilities as branch offices.
Newspaper: 07/09/2008
Federal Register: Not applicable
FIRST CITIZENS BANK * Branch First Citizens Bank, Elizabethtown, Kentucky, to open a branch at 638 South Dixie Avenue, Radcliff, Kentucky.
Newspaper: 06/20/2008
Federal Register: Not applicable
FIRST NATIONAL CORPORATION OF WYNNE 4c8 First National Corporation of Wynne, Wynne, Arkansas, to engage in lending activities.
Newspaper: Not applicable
Federal Register: Not applicable
ROCK BANCSHARES, INC. * 3A1 Rock Bancshares, Inc., Little Rock, Arkansas, to become a bank holding company through the conversion of its thrift subsidiary, Heartland Community Bank, Bryant, Arkansas, into a state-chartered commercial bank.
Newspaper: 06/25/2008
Federal Register: 06/27/2008


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
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