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 December 11, 2021

Filer Filing Type Filing Proposal End of Comment Period
FIRST BANCORP OF OKLAHOMA, INC. 4c8 First Bancorp of Oklahoma, Inc., Oklahoma City, Oklahoma, to engage in lending activities and financial and investment advisory activities through its new wholly-owned subsidiary, GLS National, LLC, Oklahoma City, Oklahoma, as a result of acquiring substantially all of the assets of Guaranteed Lending Specialists, LLC, Tulsa, Oklahoma, pursuant to Section 225.28(b)(1) and (b)(6)(iii) of the Board's Regulation Y.
Newspaper: Not applicable
Federal Register: 12/28/2021
FIRST NATIONAL UTICA COMPANY CIC James P. Liggett, Vancouver Washington; Scott P. Liggett, Islamorada, Florida; and Lee B. Liggett, Phippsburg, Maine; to acquire voting shares of First National Utica Company, and thereby indirectly acquire voting shares of First Bank of Utica, both of Utica, Nebraska, and to form the Liggett Family Group.
Newspaper: 12/15/2021
Federal Register: 12/08/2021
FIVE POINTS BANK * Branch Five Points Bank, Grand Island, Nebraska, to establish a branch at 1229 Millwork Avenue, Omaha, Nebraska.
Newspaper: 12/10/2021
Federal Register: Not applicable
PAULS VALLEY BANCORP, INC. * 3A1 Pauls Valley Bancorp, Inc., to acquire Valley Bancshares, Inc., and thereby indirectly acquire The Pauls Valley National Bank, all of Pauls Valley, Oklahoma.
Newspaper: 12/31/2021
Federal Register: 01/07/2022


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