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 October 9, 2021

Filer Filing Type Filing Proposal End of Comment Period
COMMUNITY BANK, LEXINGTON, TENNESSEE * 18C
* Branch
Community Bank, Lexington, Tennessee to purchase certain assets and assume certain liabilities of one branch of Decatur County Bank, Decaturville, Tennessee, and to retain the acquired facility as a branch office.
Newspaper: 11/10/2021
Federal Register: Not applicable
FIRST STATE BANK * Branch First State Bank, Russellville, Arkansas, to establish a branch facility to be located at 3654 Investment Drive, Fayetteville, Arkansas.
Newspaper: 10/18/2021
Federal Register: Not applicable
SIMMONS BANK * Branch Simmons Bank, Pine Bluff, Arkansas, to establish a branch facility to be located at 1408 North Kingshighway Boulevard, St. Louis, Missouri.
Newspaper: 10/12/2021
Federal Register: Not applicable
SIMMONS BANK * Branch Simmons Bank, Pine Bluff, Arkansas, to establish a branch facility to be located at 7800 Forsyth Boulevard, Clayton, Missouri.
Newspaper: 10/12/2021
Federal Register: Not applicable
VANGUARD GROUP, INC. CIC Notification submitted by The Vanguard Group, Inc., Malvern, Pennsylvania, on behalf of itself, its subsidiaries and affiliates (together with The Vanguard Group, Inc., "Vanguard"), and the investment companies registered under the Investment Company Act of 1940, other pooled investment vehicles, and institutional accounts that are sponsored, managed, or advised by Vanguard (the "Vanguard funds"), to increase the aggregate ownership position of the Vanguard funds to more than 15 percent of the common stock of Renasant Corporation, Tupelo, Mississippi, parent of Renasant Bank, Tupelo, Mississippi.
Newspaper: 10/21/2021
Federal Register: 10/21/2021


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