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 August 9, 2014

Filer Filing Type Filing Proposal End of Comment Period
ASTRA FINANCIAL CORPORATION CIC Notification submitted by Timothy W. Olsen, Atlanta, Georgia, to acquire control of Astra Financial Corporation, Prairie Village, Kansas, parent of TriCentury Bank, Simpson, Kansas.
Newspaper: 08/26/2014
Federal Register: 08/22/2014
CENTENNIAL BANK * 18C
* Branch
Centennial Bank, Centennial, Colorado, to purchase certain assets and assume certain liabilities of five branches of Mutual of Omaha Bank, Omaha, Nebraska. The branches are located in Nederland, Idaho Springs, Conifer, Evergreen, and Golden, all in Colorado.
Newspaper: Not available
Federal Register: Not applicable
FIRST OF GRANDFIELD CORPORATION CIC Notification submitted by Andrew Litsch and Joshua Litsch, both of Edmond, Oklahoma, to acquire control of First of Grandfield Corporation, parent of First State Bank, both in Grandfield, Oklahoma.
Newspaper: Not available
Federal Register: Not available
NORTON BANKSHARES, INC. CIC Notification submitted by the Stanton D. Nelson Trust No. 2, the Clark S. Nelson Trust No. 2, the N. Terry Nelson Trust No. 7, and the N. Terry Nelson Trust No. 8, all of Long Island, Kansas; and the following individuals who serve as co-trustees of one or more of the trusts: Clarke S. Nelson, Long Island, Kansas; Stanton D. Nelson, Norton, Kansas; John McClymont, Norton, Kansas; Janet M. Sell, Long Island, Kansas; and John P. Engelbert, Norton, Kansas; as members of the Nelson Control Group acting in concert, to acquire control of Norton Bankshares, Inc., parent of The First State Bank, both in Norton, Kansas. In addition, notification by the Clark S. Nelson Trust No. 2 and all trustees listed above, to individually acquire control of Norton Bankshares, Inc., parent of The First State Bank, both in Norton, Kansas.
Newspaper: 07/18/2014
Federal Register: 07/16/2014


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