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 October 13, 2012

Filer Filing Type Filing Proposal End of Comment Period
BBJ INCORPORATED 4c8
* 3A5
BBJ Incorporated, Ord, Nebraska, to acquire 100 percent of the voting shares of City National Bancshares, Inc., parent of CNB Community Bank, both in Greeley, Nebraska. BBJ Incorporated, Ord, Nebraska, to engage in insurance activities through the acquisition of the assets of McQuillan Insurance Agency, a division of City National Bancshares, Inc., both in Greeley, Nebraska.
Newspaper: 10/27/2012
Federal Register: 11/02/2012
CHEYENNE BANKING CORPORATION CIC Notification by Mikael Lowell Males, individually and as co-trustee of the Males Family Trust, the Males Family Trust, the Males 2010 Trust, The James L. Males Trust, and the William L. Males Living Trust, all of Edmond, Oklahoma, and Toni Darlene Swartwood, Elk City, Oklahoma, as co-trustee of the Males Family Trust, all as members of the Males Family group, to acquire control of Cheyenne Banking Corporation, parent of Security State Bank, both in Cheyenne, Oklahoma.
Newspaper: 10/17/2012
Federal Register: Not available
FREEPORT BANCSHARES, INC. * 3A1 Freeport Bancshares, Inc., Argonia, Kansas, to become a bank holding company through the acquisition of 100 percent of the outstanding voting shares of Freeport State Bank, Harper, Kansas.
Newspaper: Not available
Federal Register: 11/01/2012
KCB BANK * 18C
* Branch
KCB Bank, Kearney, Missouri, to purchase certain assets and assume certain liabilities of Northland National Bank, Gladstone, Missouri, and incident thereto, to establish branches in Gladstone, Missouri and Overland Park, Kansas.
Newspaper: Not available
Federal Register: Not applicable
LEGACY FINANCIAL, INC. * 3A1 Legacy Financial, Inc., Johnson, Kansas, to become a bank holding company through the acquisition of 100 percent of the outstanding voting shares of First National Bank of Syracuse, Syracuse, Kansas.
Newspaper: Not available
Federal Register: 11/01/2012
LUXURY DEVELOPMENT PARTNERS, INC. * 3A1 Luxury Development Partners, Inc., Wichita, Kansas ("Luxury Development"), to acquire control of Community State Bancshares, parent company of Community State Bank, both of Wichita, Kansas, and, thus, to become a bank holding company. Luxury Development is applying to become a bank holding company by virtue of its direct control, together with that of its owners (Mark B. Hutton, Andrew W. Hutton, and Bill Warren), of over 25 percent of Community State Bancshares.
Newspaper: Not available
Federal Register: 10/27/2012


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