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 March 28, 2015

Filer Filing Type Filing Proposal End of Comment Period
EQUITABLE FINANCIAL MHC * SLHC Formation
* MHC Conversion 		Equitable Financial Corp., proposes to become a savings and loan holding company by acquiring 100 percent of Equitable Bank, both of Grand Island, Nebraska. Upon the conversion of Equitable Financial MHC to stock form, Equitable Financial MHC and Equitable Financial Corp, the existing mid-tier holding company of Equitable Bank, will cease to exist, and Equitable Bank will become a wholly-owned subsidiary of Equitable Financial Corp, a de novo company.
Newspaper: 04/15/2015
Federal Register: 04/13/2015
GARNETT BANCSHARES, INC. CIC Notice submitted by Scott Warren Cooper, Garnett, Kansas, to retain control of Garnett Bancshares, Inc., Garnett, Kansas, parent of Patriots Bank, Garnett, Kansas.
Newspaper: Not available
Federal Register: 04/13/2015
JONES NATIONAL CORPORATION 4c8
* 3A3 		Jones National Corporation, Seward, Nebraska, to acquire 100 percent of the voting shares of Valparaiso Enterprises, Inc., parent of Oak Creek Valley Bank, both in Valparaiso, Nebraska. Jones National Corporation, Seward, Nebraska, to engage in general insurance activities through the acquisition of Valparaiso Enterprises, Inc., Valparaiso, Nebraska.
Newspaper: Not available
Federal Register: 04/24/2015
KANZA FINANCIAL CORPORATION CIC Notice by John E. Boyer, individually and as trustee of the Merlyn Boyer Irrevocable GST Trust, the John E. Boyer Grandchildren's Trust, the Emily Ryan Boyer Irrevocable Trust, and the Jack Eric Boyer Irrevocable Trust, all of Kingman, Kansas; and Emily Boyer, Kingman, Kansas, as a member of The Boyer Family Group; to retain control of KANZA Financial Corporation, parent of KANZA Bank, both in Kingman, Kansas.
Newspaper: 04/09/2015
Federal Register: 04/07/2015
SOUTHEAST KANSAS BANCSHARES, INC. CIC Notice by the Frank D. Dunnick Trust, Pittsburg, Kansas, and Kevin F. Mitchelson and Larry J. Dunnick, both of Pittsburg, Kansas, as co-trustees, to acquire control of Southeast Kansas Bancshares, Inc., Girard, Kansas, parent of Prescott State Bank Holding Company, Inc. and Prescott State Bank, both in Prescott, Kansas; and Exchange State Bank, Saint Paul, Kansas.
Newspaper: Not available
Federal Register: 04/08/2015
UMB FINANCIAL CORPORATION * 3A1
* 3A3 		UMB Financial Corporation and Lakes Merger Sub LLC, both in Kansas City, Missouri, to acquire 100 percent of the voting shares of Marquette Financial Companies, Minneapolis, Minnesota, parent of Meridian Bank, National Association, Phoenix, Arizona, and Meridian Bank Texas, Fort Worth, Texas. Immediately thereafter, Lakes Merger Sub LLC will merge into UMB Financial Corporation.
Newspaper: 04/23/2015
Federal Register: 04/20/2015


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
FARMERS & MRCH BK ASHLAND, ASHLAND, NEBRASKA 398051 12/08/2014 03/20/2015 S Small Bank
FIRST ST BK OF CO, HOTCHKISS, COLORADO 277053 10/06/2014 03/19/2015 S Small Bank
GUNNISON B&TC, GUNNISON, COLORADO 502559 12/09/2014 03/10/2015 S Small Bank


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

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Last update: April 02, 2015