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 November 7, 2020

Filer Filing Type Filing Proposal End of Comment Period
CHAMBERS BANCSHARES, INC. CIC Notice by John Ed Chambers III, Danville, AR, Gene C. Jones, Jerral Wayne Jones, Charlotte L. Anderson, Jerral W. Jones Jr., John Stephen Jones, each of Frisco, TX, Patricia C. Dixon, Plano, TX, Kathryn C. Counce, the Kathryn Chambers Counce Irrevocable Trust, both of Springdale, AR (John Ed Chambers III, Charlotte L. Anderson and Patricia C. Dixon as co-trustees), John Russell Meeks, Susan Lydia Chambers Sharits, both of Fayetteville, AR, and Melissa Meeks Ireland, Dallas, TX have applied to the Federal Reserve Board for permission to establish a family control group to acquire or retain 25% or more of the shares and thereby control Chambers Bancshares, Inc., Danville, AR. 2020 Chambers Family Limited Partnership, LLLP, Danville, AR and GCJ Family, L.P., Frisco, TX (with John Stephen Jones as the sole owner of Marina Holdings, LLC, Frisco, TX, the General Partner of the 2020 Chambers Family Limited Partnership, LLLP and GCJ Family, L.P.) have applied for permission to acquire shares of Chambers Bancshares, Inc. and join the Chambers family control group. Chambers Bancshares, Inc. controls Chambers Bank, Danville, AR.
Newspaper: 11/24/2020
Federal Register: 11/23/2020
DIETERICH BANK * Branch Dieterich Bank, Effingham, Illinois, to establish a branch facility to be located at 2159 South State Route 157, Edwardsville, Illinois.
Newspaper: Not available
Federal Register: Not applicable
SIMMONS BANK * Branch Simmons Bank, Pine Bluff, Arkansas, to establish a branch facility to be located at 208 East Taliaferro Street, Madill, Oklahoma.
Newspaper: 11/16/2020
Federal Register: Not applicable
SIMMONS BANK * Branch Simmons Bank, Pine Bluff, Arkansas, to establish a branch facility to be located at 8319 Preston Road, Dallas, Texas.
Newspaper: 11/16/2020
Federal Register: Not applicable
SIMMONS BANK * Branch Simmons Bank, Pine Bluff, Arkansas, to establish a branch facility to be located at 1222 Demonbreun Street, Suite 105, Nashville, Tennessee.
Newspaper: 11/16/2020
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