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 15, 2021

Filer Filing Type Filing Proposal End of Comment Period
ADAMS BANK & TRUST * Branch Adams Bank & Trust, Ogallala, Nebraska, to establish a branch at 1359 Interquest Parkway, Suite 150, Colorado Springs, Colorado.
Newspaper: Not available
Federal Register: Not applicable
ADAMS BANK & TRUST * Branch Adams Bank & Trust, Ogallala, Nebraska, to establish a branch at 7251 West 20th Street, Greeley, Colorado.
Newspaper: Not available
Federal Register: Not applicable
BRUNING BANCSHARES, INC. CIC Fred D. Bruning, Bruning, Nebraska, and Jane A. Tonniges, of Omaha, Nebraska, as members of the Bruning Family Group, individually, and as trustees of family trusts listed below, to retain voting shares of Bruning Bancshares, Inc., Bruning, Nebraska (Bancshares). In addition, the Frank L. Bruning Nonqualifying Trust Share created under the Last Will and Testament of Frank L. Bruning, Bruning, Nebraska, Fred D. Bruning, and Jane A. Tonniges, co-trustees; the Fred D. Bruning 2020 Irrevocable Trust, Penni J. Bruning, trustee, both of Bruning, Nebraska and Dennis C. Stara, special purpose trustee, Lincoln, Nebraska; the Jane A. Tonniges Revocable Trust, Omaha, Nebraska, Jane A. Tonniges, trustee; the Mary B. Bruning Revocable Trust, Mary B. Bruning, co-trustee, both of Bruning, Nebraska, and Fred D. Bruning and Jane A. Tonniges, co-trustees; Adam F. Bruning, Hebron, Nebraska; Reiss L. Bruning, Bruning, Nebraska; Christopher Tonniges, Omaha, Nebraska; and Dennis C. Stara, Lincoln, Nebraska; to join the Bruning Family Group, a group acting in concert, to retain voting shares of Bancshares, and indirectly retain voting shares of Bruning Bank, Bruning, Nebraska.
Newspaper: 05/18/2021
Federal Register: 05/26/2021
FNB FINANCIAL CORPORATION CIC Michael Quintana, Las Vegas, New Mexico, to acquire voting shares of FNB Financial Corporation, and thereby indirectly acquire voting shares of Community 1st Bank Las Vegas both of Las Vegas, New Mexico.
Newspaper: Not available
Federal Register: 05/10/2021
Gateway First Bancorp, Inc. * 3A1 Gateway First Bancorp, Inc., Jenks, Oklahoma, to become a bank holding company through the acquisition of 100 percent of the voting shares of Gateway First Bank, Jenks, Oklahoma.
Newspaper: Not available
Federal Register: Not available


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