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 August 29, 2020

Filer Filing Type Filing Proposal End of Comment Period
BANK OF FAYETTE COUNTY, THE * Branch The Bank of Fayette County, Collierville, Tennessee, to establish a branch to be located at 5560 Airline Road, Arlington, Tennessee.
Newspaper: 09/21/2020
Federal Register: Not applicable
ECLIPSE BANCORP, INC. 3A1 Eclipse Bancorp, Inc., Louisville, Kentucky, to become a bank holding company by acquiring 100 percent of the voting shares of Eclipse Bank, Inc., Louisville, Kentucky.
Newspaper: Not applicable
Federal Register: Not applicable
FINANCIAL FEDCORP INC CIC Notice by Susan and Kent Wunderlich Family Trust, Philip S. Wunderlich and Gary Wunderlich, Jr., as co-trustees, and a trust established for a minor child, Gary Wunderlich, Jr., as trustee, all of Memphis, Tennessee; to become members of the Wunderlich Family Group, a group acting in concert, and to acquire voting shares of Financial FedCorp, Inc., and thereby indirectly acquire voting shares of Financial Federal Bank, both of Memphis, Tennessee. In addition, The Gary K. Wunderlich III Trust, The Madison Graves Wunderlich Trust, Gary Wunderlich, Jr., as trustee for both trusts, The Philip S. Wunderlich, Jr. Trust, The Elizabeth T. Wunderlich Trust, and a trust established for a minor child, Philip Wunderlich, as trustee for all three trusts, and all of Memphis, Tennessee; as members of the Wunderlich Family Group, a group acting in concert, to retain voting shares of Financial FedCorp, Inc., and thereby indirectly retain voting shares of Financial Federal Bank.
Newspaper: 09/09/2020
Federal Register: 09/15/2020
NEWBURG INSURANCE AGENCY, INC. CIC Notice by Aaron C. Espinoza (individually and as owner of ACE Investments LLC, Newburg, Missouri), and Kyle Espinoza, Mount Juliet, Tennessee, as members of a family control group that includes Charles G. Bollinger, Hernando, Florida (in his capacities as the trustee of the Charles G. Bollinger Revocable Trust and Velma Bollinger Marital Trust, and general partner of the Faith Limited Partnership), to retain control of Newburg Insurance Agency, Inc., Rolla, Missouri.
Newspaper: Not available
Federal Register: 09/10/2020
RHINELAND BANCSHARES, INC CIC Notice by Walkenbach Investments, LP (WILP); Walkenbach Management Company, LLC (WMC); William Walkenbach, Trustee of the William Walkenbach Revocable Living Trust as limited partner of WILP and as managing member of WMC; Claudia Walkenbach, Trustee of the Claudia Walkenbach Revocable Living Trust as limited partner of WILP and managing member of WMC; Brad W. Walkenbach, Trustee of the Brad W. Walkenbach Revocable Living Trust as limited partner of WILP, Trustee of certain minor trusts as limited partners of WILP, and individually as managing member of WMC; and Corey G. Walkenbach, Trustee of the Corey G. Walkenbach Revocable Trust as limited partner of WILP and individually as managing member of WMC, all of Hermann, Missouri, to acquire 10 percent or more of the voting shares of Rhineland Bancshares, Inc., Rhineland, Missouri.
Newspaper: 09/01/2020
Federal Register: 09/16/2020


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