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 21, 2014

Filer Filing Type Filing Proposal End of Comment Period
CORNERBANK, NATIONAL ASSOCIATION Member CornerBank, National Association, Winfield, Kansas, to retain its membership in the Federal Reserve System following its conversion from a national to a state charter.
Newspaper: Not applicable
Federal Register: Not applicable
FIRST TEAM RESOURCES CORPORATION CIC Notification submitted by Elizabeth Lane Bitterlin, Milford, Kansas; and Chad Edward Chase, Manhattan, Kansas, as members of the Chase Family group, to acquire control of First Team Resources Corporation, Derby, Kansas, parent of Verus Bank, Derby, Kansas.
Newspaper: Not available
Federal Register: 06/27/2014
KSRS, LLC * 3A1 KSRS, LLC, Osceola, Missouri, to become a bank holding company by acquiring 32.11 percent of the voting shares, and together with its owners and group acting in concert to acquire control of more than 50 percent, of Bancorp II, Inc., Kansas City, Missouri, parent of Citizens Community Bank, Pilot Grove, Missouri.
Newspaper: 07/06/2014
Federal Register: 07/03/2014
PLATTE VALLEY BANK * 18C Platte Valley Bank, Torrington, Wyoming, to purchase certain assets and assume certain liabilities of the Evansville, Wyoming branch of Buffalo Federal Bank, Buffalo, Wyoming.
Newspaper: Not available
Federal Register: Not applicable
PRAIRIE STAR BANCSHARES, INC. CIC Notification submitted by Prairie Star Bancshares, Inc. Revocable Trust, Michael S. Adams, trustee, Overland Park, Kansas, to acquire control of Prairie Star Bancshares, Inc., parent of Bank of the Prairie, both in Olathe, Kansas.
Newspaper: 07/01/2014
Federal Register: 07/02/2014


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