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 June 2, 2012

Filer Filing Type Filing Proposal End of Comment Period
CIC BANCSHARES, INC. * 18C
* Branch
* 3A1
* 3A3
CIC Bancshares, Inc., Denver, Colorado, to acquire, through its subsidiary CIC Merger Sub, Inc., Denver, Colorado, 100 percent of the voting shares of Millennium Bancorp, Inc., parent of Millennium Bank, both in Edwards, Colorado. Immediately thereafter, CIC Merger Sub, Inc., Denver, Colorado, will merge into Millennium Bancorp, Inc. Centennial Bank, Centennial, Colorado, to merge with Millennium Bank, Edwards, Colorado, and incident thereto, to establish branches in Breckenridge, Edwards, Englewood, Steamboat Springs, Vail, and Fraser, all in Colorado.
Newspaper: Not available
Federal Register: 06/21/2012
FIRST NEBRASKA BANK * 18C
* Branch
First Nebraska Bank, Valley, Nebraska, to purchase certain assets and assume certain liabilities of Heartland Community Bank, Bennet, Nebraska, and incident thereto, to establish branches in Avoca, Bennet, Nebraska City, and Weeping Water, all in Nebraska.
Newspaper: 06/21/2012
Federal Register: Not applicable
SPIRO BANCSHARES, INC. CIC Notice by the Schmidt Family Partnership, L.P., Spiro, Oklahoma; and Deborah Schmidt Barrett and Jason Tyler Barrett, both of Fort Smith, Arkansas; to remain members of the Schmidt Family Group acting in concert and to retain control of Spiro Bancshares, Inc., parent of Spiro State Bank, both in Spiro, Oklahoma.
Newspaper: 06/15/2012
Federal Register: 06/13/2012


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