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 July 23, 2016

Filer Filing Type Filing Proposal End of Comment Period
ADAGE, LLC * 3A1 Adage, LLC, Ogallala, Nebraska, to become a bank holding company through the acquisition of 68.85 percent of the voting shares of Adbanc, Inc., parent of Adams Bank & Trust, both of Ogallala, Nebraska.
Newspaper: 08/10/2016
Federal Register: 08/18/2016
COMMERCE BANK * Branch Commerce Bank, Kansas City, Missouri, to establish a branch at 2012 Court Street, Pekin, Illinois.
Newspaper: Not available
Federal Register: Not applicable
FIRST STATE BANK NEBRASKA * Branch First State Bank Nebraska, Lincoln, Nebraska, to establish a de novo branch at 560 Sargent Street, Beatrice, Nebraska.
Newspaper: 07/24/2016
Federal Register: Not applicable
PLATTE VALLEY CATTLE COMPANY CIC Notification submitted by The Shirley Oliver Dynasty Trust, Dallas, Texas; the James H. Oliver Exempt Trust and the James H. Oliver Non-Exempt Trust, both of Grand Island, Nebraska; Gregory Oliver, Dallas, Texas; Robert Almquist, Wood River, Nebraska; and Thomas Emerton, Cairo, Nebraska, to retain control of Platte Valley Cattle Company, Grand Island, Nebraska, parent of Town and Country Bank, Ravenna, Nebraska, and for approval as members of the Oliver Control Group.
Newspaper: 08/10/2016
Federal Register: 08/10/2016


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
LAWSON BK, LAWSON, MISSOURI 652753 03/28/2016 07/01/2016 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