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 31, 2020

Filer Filing Type Filing Proposal End of Comment Period
FSB BANKSHARES, INC. CIC The Miller Investment Group Voting Trust Agreement (VTA) and Michael D. Miller, Montezuma, Kansas, as voting trustee, to acquire shares of FSB Bankshares, Inc., Fowler, Kansas establishing the Miller VTA Control Group. In addition, Melissa Miller, Montezuma, Kansas, Debora Calhoun, Cimarron, Kansas, Tom and Janet Huelskamp, Fowler, Kansas, Bryce and Stacy Dirks, Montezuma, Kansas, Jay Zehr, Copeland, Kansas, Logan and Kelsey Hedlund, Montezuma, Kansas, Robert Irsik, Ingalls, Kansas, Joan Unruh, Copeland, Kansas, Jeff and Sharleen Unruh, Copeland, Kansas, Mitch and Debbie Little, Meade, Kansas, Franck and Michelle Meyer, Seiling, Oklahoma, and Terry and Melinda Rabe, Dodge City, Kansas, to acquire shares and for approval as members of the VTA. The Federal Reserve considers a number of factors in deciding whether to approve the notice.
Newspaper: Not available
Federal Register: Not available
PEOPLES BANKSHARES LTD., THE CIC Notification submitted by The 2017 Porter Loomis Legacy Trust, John Porter Loomis, trustee, both of Pratt, Kansas, to acquire voting shares of The Peoples Bankshares Ltd. (Bankshares), parent of The Peoples Bank, both in Pratt, Kansas. In addition, the Linda M. Loomis Revocable Trust, Linda M. Loomis, trustee; the Joseph F. Loomis Revocable Trust, Joseph F. Loomis and Linda M. Loomis, co-trustees, all of Iuka, Kansas; the Adele Krey Loomis Revocable Trust, Pratt, Kansas, Adele Krey Loomis (Stamford, Connecticut) and Anne Marie Sadowski Loomis (Pratt, Kansas), co-trustees; the Anne Marie Sadowski Loomis Trust, Anne Marie Sadowski Loomis and John Porter Loomis, co-trustees, all of Pratt, Kansas; the John Porter Loomis Revocable Trust, J. Porter Loomis and Anne Marie Sadowski Loomis, co-trustees, all of Pratt, Kansas; the KLW Stock Trust, Iuka Kansas, Linda M. Loomis (Iuka, Kansas) and Katherine L. Work (La Canada Flintridge, California), co-trustees; the Margaret P. Hellmuth Stock Trust, Iuka Kansas, Linda M. Loomis (Iuka, Kansas) and Margaret P. Hellmuth (Glencoe, Illinois), co-trustees; and the Victoria K. Thompson Stock Trust, Iuka, Kansas, Linda M. Loomis (Iuka, Kansas) and Victoria K. Thompson (Santa Cruz, California), co-trustees, to acquire/retain shares of Bankshares and for approval as members of the Loomis Family Group which controls Bankshares. John Porter Loomis was previously approved to control Bankshares. Linda M. Loomis, Joseph F. Loomis, Adele Krey Loomis, Anne Marie Sadowski Loomis and Katherine L. Work were previously approved as members of the Loomis Family Group.
Newspaper: Not available
Federal Register: 11/17/2020
REPUBLIC FINANCIAL CORPORATION CIC Notice submitted by Randall J. Blue, Sedalia, Colorado, as trustee of the Randall J. Blue Revocable Trust, the Taylor Blue Republic Trust, the Justin Blue GST Trust, the Zachary Blue GST Trust, and the Taylor Blue GST Trust; Kipton R. Blue, Leawood, Kansas, as trustee of the Kipton R. Blue Revocable Trust UTA, the Adam Blue Republic Trust, the Benjamin Blue Republic Trust, the Amanda Blue Republic Trust, the Adam Blue GST Trust,the Benjamin Blue GST Trust, and the Amanda Blue GST Trust; Nancy S. Blue, Sedalia, Colorado, as trustee of the Nancy S. Blue Revocable Trust; Shari J. Blue, Leawood, Kansas, as trustee of the Shari J. Blue Revocable Trust UTA; Justin R. Blue, Louisburg, Kansas; Zachary W. Blue, Wichita, Kansas; Taylor Blue, Evergreen, Colorado; Benjamin Blue, Olathe, Kansas; Adam Blue, Leawood, Kansas; and Amanda Blue, Overland Park, Kansas to retain voting shares of Republic Financial Corporation, parent of Southwest National Bank, both in Wichita, Kansas; and all to be approved as members of the Blue Family Group, which controls Republic Financial Corporation.
Newspaper: 11/05/2020
Federal Register: 11/06/2020
UNION STATE BANK OF EVEREST, THE * Branch Union State Bank of Everest, Everest, Kansas, to establish a de novo branch at 8300 Booth Avenue, Kansas City, Missouri.
Newspaper: 11/17/2020
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 Quarter
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