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 February 19, 2022

Filer Filing Type Filing Proposal End of Comment Period
BANK OF ADVANCE, THE * Branch The Bank of Advance, Advance, Missouri, to establish a branch facility to be located at 120 South Prairie Street, Bloomfield, Missouri.
Newspaper: 03/04/2022
Federal Register: Not applicable
EVOLVE BANK & TRUST * Branch Evolve Bank & Trust, West Memphis, Arkansas, to establish a branch facility to be located at 111 East Huntington Avenue, Suite A, Jonesboro, Arkansas.
Newspaper: Not available
Federal Register: Not applicable
TOWNSEND FINANCIAL CORPORATION CIC Notice by Eugene H. Bringol, Jr., Natalee L. Young-Bringol, both of Beaver, Pennsylvania; Nathan T. Snyder, Pittsburgh, Pennsylvania; Robert H. Bishop, Wexford, Pennsylvania; Brian D. Croftcheck, Rostraver Township, Pennsylvania; Donald A. Croftcheck, Scott C. Croftcheck, both of Grindstone, Pennsylvania; Jeffrey Donald Kendall, Sewikley, Pennsylvania; and James W. Yankee, Columbia, Missouri; to gain control of Townsend Financial Corporation, Parsons, Tennessee.
Newspaper: Not available
Federal Register: 03/01/2022


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 Second Quarter of 2022 (April 1, 2022 - June 30, 2022) and Third Quarter of 2022 (July 1, 2022 - September 30, 2022)

Institution Location Quarter
BANK OF CAVE CITY CAVE CITY, ARKANSASSecond Quarter of 2022
BANK OF HALLS HALLS, TENNESSEESecond Quarter of 2022
CENTRAL TR BK JEFFERSON CITY, MISSOURISecond Quarter of 2022
DECATUR CTY BK DECATURVILLE, TENNESSEESecond Quarter of 2022
FIRST SAVINGS BK JEFFERSONVILLE, INDIANASecond Quarter of 2022
GATES BKG&TC GATES, TENNESSEESecond Quarter of 2022
OAKSTAR BK SPRINGFIELD, MISSOURISecond Quarter of 2022
PREMIER BK OF AR JONESBORO, ARKANSASSecond Quarter of 2022
PROGRESSIVE OZARK BK SALEM, MISSOURISecond Quarter of 2022
BANK OF IBERIA IBERIA, MISSOURIThird Quarter of 2022
CASEY COUNTY BK LIBERTY, KENTUCKYThird Quarter of 2022
COMMUNITY BK LEXINGTON, TENNESSEEThird Quarter of 2022
FINANCIAL FED BK MEMPHIS, TENNESSEEThird Quarter of 2022
PETIT JEAN ST BK MORRILTON, ARKANSASThird Quarter of 2022
PIGGOTT ST BK PIGGOTT, ARKANSASThird Quarter of 2022
SIMMONS BK PINE BLUFF, ARKANSASThird Quarter of 2022
SOUTHERN BANCORP BK ARKADELPHIA, ARKANSASThird Quarter of 2022
TEUTOPOLIS ST BK TEUTOPOLIS, ILLINOISThird Quarter of 2022
TPNB BK PARIS, MISSOURIThird Quarter of 2022

* 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