Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received

District 8: Federal Reserve Bank of St. Louis PDF

Filings received during the week ending June 10, 2023

FilerFiling TypeFiling ProposalEnd of Comment Period
NewspaperFederal Register
MNB BANCSHARES, INC.Change in Bank ControlNotice by Lambert Lynn Marshall, Little Rock, Arkansas, to retain of 25 percent or more of the voting shares of MNB Bancshares, Inc., and thereby indirectly retain voting shares of The Malvern National Bank, both of Malvern, Arkansas Not available06/29/2023

* Subject to the provisions of the Community Reinvestment Act

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 / LocationRSSD IDExam DateCRA Public DateCRA RatingExam Method
CITIZENS B&TC, VAN BUREN, ARKANSAS19214701/29/202310/24/2022SInt Small Bank
OAKSTAR BK, SPRINGFIELD, MISSOURI337441212/19/202206/13/2022SInt Small Bank
CRA Examinations scheduled for    Quarter of
InstitutionLocationQuarter
NONE
Back to Top
Last Update: June 15, 2023