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 April 26, 2008

Filer Filing Type Filing Proposal End of Comment Period
FIRST MIAMI BANCSHARES, INC. CIC Notice by Charles C. Neal, Miami, Oklahoma, individually and as trustee of the Charles A. Neal Revocable Trust, and by Charles C. Neal, Ann L. Neal and Jane E. Neal, all of Miami, Oklahoma; Elizabeth Edwards, Argyle, Texas; and Mary K. Neal, University City, Missouri, as members of the Neal family group, to retain control of First Miami Bancshares, Inc., parent of The First National Bank and Trust Company of Miami, Miami, Oklahoma, and Bank of Billings, Billings, Missouri, through the rentention of voting shares.
Newspaper: 05/01/2008
Federal Register: 05/07/2008
KAW VALLEY STATE BANK AND TRUST COMPANY * 18C
* Branch
Kaw Valley State Bank and Trust Company, Wamego, Kansas, to merge with The First National Bank of Clifton, Clifton, Kansas, and incident thereto to establish two branches, and to operate under the title of Kaw Valley Bank and Trust Company, Wamego, Kansas.
Newspaper: 05/15/2008
Federal Register: Not applicable
MOUNTAIN VALLEY BANCSHARES, INC. 3A1 Mountain Valley Bancshares, Inc., to become a bank holding company through the acquisition of 100 percent of the voting shares of Mountain Valley Bank, both in Walden, Colorado.
Newspaper: Not applicable
Federal Register: Not applicable


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
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