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 May 10, 2014

Filer Filing Type Filing Proposal End of Comment Period
AMERICAN STATE BANK & TRUST COMPANY * 18C
* Branch
American State Bank and Trust Company, Great Bend, Kansas, to merge with First National Bank of Holcomb, Holcomb, Kansas, and incident thereto, to establish a branch.
Newspaper: 05/30/2014
Federal Register: Not applicable
Farmers State Bancshares II, Inc. * 3A1 Farmers State Bancshares II, Inc., Spencer, Nebraska, to become a bank holding company through the acquisition of 100 percent of the voting shares of Spencer State Bank, Spencer, Nebraska.
Newspaper: Not available
Federal Register: 06/09/2014
FIRST NATIONAL BANK OF WAMEGO, THE Member The First National Bank of Wamego, Wamego, Kansas, to retain its membership in the Federal Reserve System following its conversion from a national to a state charter.
Newspaper: Not applicable
Federal Register: Not applicable
PLATTE VALLEY FINANCIAL SERVICE COMPANIES, INC. * 3A3 Platte Valley Financial Service Companies, Inc., Scottsbluff, Nebraska, to acquire 100 percent of the voting shares of Mountain Valley Bancshares, Inc., and thereby indirectly acquire Mountain Valley Bank, both of Walden, Colorado. Mountain Valley Bancshares, Inc., Walden, Colorado, will merge with and into Platte Valley Financial Service Companies, Inc., Scottsbluff, Nebraska.
Newspaper: 05/12/2014
Federal Register: 05/27/2014


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