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 January 21, 2006

Filer Filing Type Filing Proposal End of Comment Period
CITIZENS BANCSHARES, INC., ESOP * 3A3 Citizens Bancshares Employee Stock Ownership Plan, Edmond, Oklahoma, to acquire up to 40 percent of the issued and outstanding shares of the common stock of Citizens Bancshares, Inc., Edmond, Oklahoma, parent of Citizens Bank of Edmond, Edmond, Oklahoma.
Newspaper: Not available
Federal Register: Not available
COMMUNITY STATE BANCSHARES, INCORPORATED CIC Notice by Steven D. Carr, as trustee of Wheeler Trust #2099, Wichita, Kansas; and Steven D. Carr, Wichita, Kansas; Michael D. Carr, Leawood, Kansas; Terry L. Carr, Wichita, Kansas; Douglas D. Carr, Andover, Kansas; and Bobby D. Carr, Wichita, Kansas; acting as individuals and a group acting in concert, to acquire control of Community State Bancshares, Inc., parent of Community Bank of Wichita, both in Wichita, Kansas.
Newspaper: 01/17/2006
Federal Register: 02/01/2006
HULETT HOLDING COMPANY * 3A1 Hulett Holding Company, to become a bank holding company through the acquisition of 100 percent of the voting shares of Summit National Bank, both in Hulett, Wyoming.
Newspaper: Not available
Federal Register: 02/10/2006


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
CENTENNIAL BK, CENTENNIAL, COLORADO 154257 09/19/2005 12/02/2005 S Small Bank
UINTA CTY ST BK, MOUNTAIN VIEW, WYOMING 85052 10/11/2005 12/28/2005 SN Small Bank
VALLEY ST BK, SYRACUSE, KANSAS 420653 09/20/2005 12/01/2005 S Small Bank


CRA Examinations scheduled for     Quarter of

Institution Location
NONE

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