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 February 20, 2010

Filer Filing Type Filing Proposal End of Comment Period
ASLIN GROUP, INC. * 3A1 Aslin Group, Inc, Mission Hills, Kansas; Aslin Opportunity Fund BK, LP, Cape Haze, Florida; and Aslin Capital I, LLC, Cape Haze, Florida; all to become bank holding companies through the acquisition of 100 percent of the voting shares of 1st Financial Bank, Overland Park, Kansas.
Newspaper: Not available
Federal Register: 03/19/2010
CEDAR BANCORP 4c8 Cedar Bancorp, Hartington, Nebraska, to continue to engage in general insurance activities through the retention of Home Town Insurance Agency, Inc., Hartington, Nebraska.
Newspaper: Not applicable
Federal Register: 03/09/2010
CORNERSTONE BANK * 18C
* Branch
Cornerstone Bank, York, Nebraska, to merge with Harvard State Bank, Harvard, Nebraska, and incident thereto to establish a branch, and to operate under the title of Cornerstone Bank, York, Nebraska.
Newspaper: 02/04/2010
Federal Register: Not applicable
MY ANNS CORPORATION CIC Notice submitted by Donna M. Curry, trustee of the Galen L. Curry Marital Trust, and voting trustee of the Voting Trust Agreement, Piqua, Kansas, to retain control of My Anns Corporation, and thereby indirectly retain control of Piqua State Bank, both in Piqua, Kansas.
Newspaper: 02/18/2010
Federal Register: 03/08/2010


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
AMERISTATE BK, ATOKA, OKLAHOMA 508355 11/02/2009 02/03/2010 S Small Bank
CITIZENS FARMERS BK COLE CAMP, COLE CAMP, MISSOURI 385547 11/16/2009 02/03/2010 S Small Bank
FIRSTBANK, ANTLERS, OKLAHOMA 296456 11/16/2009 02/04/2010 S Small Bank
FREEDOM BK OKLAHOMA, TULSA, OKLAHOMA 284154 11/02/2009 02/12/2010 S Small Bank
HIGH PLAINS BK, FLAGLER, COLORADO 247551 11/16/2009 02/08/2010 S Small Bank
VALLEY ST BK, SYRACUSE, KANSAS 420653 11/02/2009 02/01/2010 S Small Bank


CRA Examinations scheduled for Second Quarter of 2010 (April 1, 2010 - June 30, 2010)

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