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 May 28, 2016

Filer Filing Type Filing Proposal End of Comment Period
CORNERSTONE BANK * 18C
* Branch
Cornerstone Bank, York, Nebraska, to purchase certain assets and assume certain liabilities of the Wilcox, Nebraska Branch of Iowa-Nebraska State Bank, and incident thereto, to establish a branch.
Newspaper: Not available
Federal Register: Not applicable
PUEBLO BANCORPORATION CIC Notification submitted by Sam Charles Brown and Josephine Marie Brown, Pueblo, Colorado, to retain voting shares and thereby control of Pueblo Bancorporation, parent of Pueblo Bank & Trust Company, both of Pueblo, Colorado. In addition, Michelle Rene Brown, Kenneth Scott Brown, Karla Lynn Brown, and Sam Charles Brown, III, all of Pueblo, Colorado, request approval to retain shares of Pueblo Bancorp and for approval as members of the Brown Family Group, which acting in concert controls Pueblo Bancorp.
Newspaper: 05/31/2016
Federal Register: 06/02/2016
RCB HOLDING COMPANY, INC. * 3A5
* 18C
* Branch
RCB Holding Company, Claremore, Oklahoma, to acquire 100 percent of the voting shares of Cornerstone Alliance, Ltd., and thereby indirectly acquire CornerBank, both of Winfield, Kansas. RCB Bank, Claremore, Oklahoma, to merge with CornerBank, Winfield, Kansas, and incident thereto, to establish a branch.
Newspaper: 06/23/2016
Federal Register: 06/24/2016
SANDHILLS FINANCIAL SERVICES, LLC * 3A5
* 3A3
Sandhills Financial Services, LLC, Bassett, Nebraska, to acquire 100 percent of the voting shares of Keystone Investment, Inc., Keystone, Nebraska, parent of Bank of Keystone, Keystone, Nebraska.
Newspaper: 05/27/2016
Federal Register: 05/27/2016


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