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 August 5, 2023
| Filer | Filing Type | Filing Proposal | End of Comment Period | |
|---|---|---|---|---|
| Newspaper | Federal Register | |||
| FIRST SAVINGS BANK | * Branch (Domestic) | First Savings Bank, Jeffersonville, Indiana, to establish a branch facility to be located at 1251 E. National Highway, Washington, Indiana. | 08/13/2023 | Not applicable |
| FIRST SAVINGS BANK | * Branch (Domestic) | First Savings Bank, Jeffersonville, Indiana, to establish a branch facility to be located at 4909 Old Vincennes Road, Floyd Knobs, Indiana. | 08/13/2023 | Not applicable |
| FIRST SAVINGS BANK | * Branch (Domestic) | First Savings Bank, Jeffersonville, Indiana, to establish a branch facility to be located at the corner of Hamburg Pike and Veterans Parkway, Jeffersonville, Indiana | 08/13/2023 | Not applicable |
| HUTSONVILLE BANC CORP. | Change in Bank Control | Notice by William B. Gray, West York, Illinois; Carol R. Gray, Kimberly A. Gray, Andrew B. Gray, Christina L. Callaway, Bruce W. Callaway, and Brooke N. Callaway, all of Hutsonville, Illinois; George J. Abel, Bridgeport, Illinois; and Blake A. Callaway, Robinson, Illinois, as the Gray Family group, a group acting concert, to retain 25 percent or more of the voting shares of Hutsonville Banc Corp., and thereby indirectly control Farmers and Merchants Bank of Hutsonville, both of Hutsonville, Illinois. | 08/20/2023 | 08/22/2023 |
| SIGNATURE BANK OF ARKANSAS | * Branch (Domestic) | Signature Bank of Arkansas, Fayetteville, Arkansas, to establish a branch facility to be located at 103 West Emma Avenue, Springdale, Arkansas | 08/15/2023 | Not applicable |
* 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 / Location | RSSD ID | Exam Date | CRA Public Date | CRA Rating | Exam Method |
|---|---|---|---|---|---|
| CITIZENS B&TC, VAN BUREN, ARKANSAS | 192147 | 01/29/2023 | 10/24/2022 | S | Int Small Bank |
| FIRST SAVINGS BK, JEFFERSONVILLE, INDIANA | 785473 | 04/24/2023 | 04/18/2022 | S | Int Small Bank |
| OAKSTAR BK, SPRINGFIELD, MISSOURI | 3374412 | 12/19/2022 | 06/13/2022 | S | Int Small Bank |
CRA Examinations scheduled for Quarter of
| Institution | Location | Quarter |
|---|---|---|
| NONE | ||