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: 8
Federal Reserve Bank of: St. Louis

Filings received during the week ending March 28, 2020

Filer Filing Type Filing Proposal End of Comment Period
ALTON BANCSHARES, INC. CIC Notice by the Combs Family Trust dated March 12, 2015, Kendall L. Combs & Patricia A. Combs as trustees, both of Hollister, Missouri; Randall G. Combs or Beckie D. Combs, Alton, Missouri; the Michael D. Combs and Sandra L. Combs Family Revocable Trust dated January 7, 2016, Michael D. Combs and Sandra L. Combs as trustees; both of Walnut Shade, Missouri, to retain control of Alton Bancshares, Inc., Alton, Missouri.
Newspaper: 04/15/2020
Federal Register: 04/08/2020
APEX BANCORP, INC. * 3A3 Apex Bancorp, Inc., Camden, Tennessee, to acquire up to 25 percent of the voting shares of Community Capital Bancshares, Inc., Albany, Georgia, and thereby indirectly acquire AB&T, Albany, Georgia.
Newspaper: 04/26/2020
Federal Register: 04/28/2020
PROGRESSIVE OZARK BANK Premises
* Branch
Progressive Ozark Bank, Salem, Missouri, to establish a branch facility to be located at 109 Missouri State Highway 32, Licking, Missouri. Also a request to increase the total investment in premises by $750,000.
Newspaper: Not available
Federal Register: Not applicable
SOUTHERN BANK * Branch Southern Bank, Poplar Bluff, Missouri, to establish a branch facility to be located at 2033A West Main Street, Cabot, Arkansas.
Newspaper: 04/05/2020
Federal Register: Not applicable


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 Quarter
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