Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
District 10: Federal Reserve Bank of Kansas City PDF
Filings received during the week ending April 13, 2024
| Filer | Filing Type | Filing Proposal | End of Comment Period | |
|---|---|---|---|---|
| Newspaper | Federal Register | |||
| ALL CAPITAL BANK | * Branch (Domestic) | All Capital Bank, Locust Grove, Oklahoma, to establish a branch located at 4500 W. Houston Street, Broken Arrow, Oklahoma. | 04/15/2024 | Not applicable |
| BANK7 | * Branch (Domestic) | Bank7, Oklahoma City, Oklahoma, to establish a branch at 4003 East 51st Street, Tulsa, Oklahoma. | 04/27/2024 | Not applicable |
| SIOUXLAND NATIONAL CORPORATION | Change in Bank Control | Minor children of Jennifer L. Gotch Smith, all of Elk Point, South Dakota, and certain minor children of Brett J. Gotch, all of South Sioux City, Nebraska, to join the Gotch Family Control Group, a group acting in concert, to retain voting shares of Siouxland National Corporation, and thereby indirectly retain voting shares of Siouxland Bank, all of South Sioux City, Nebraska. | 04/30/2024 | 05/02/2024 |
| UB, INC. | Change in Bank Control | Robert Brandt, Unadilla, Nebraska; to acquire voting shares of UB, Inc., and thereby indirectly acquire voting shares of Countryside Bank, both of Unadilla, Nebraska. In addition, the John D. Weber and Jane E. Weber Trust Agreement November 12, 2015, John Weber and Jane Weber, as co-trustees, all of Mesa, Arizona; and Barry Brandt, Unadilla, Nebraska; to join the Brandt Family Group, a group acting in concert, to retain voting shares of UB, Inc., and thereby indirectly retain voting shares of Countryside Bank, both of Unadilla, Nebraska. Jane Weber was previously permitted by the Federal Reserve System to acquire control of voting shares of UB, Inc. | Not available | 05/02/2024 |
| Four States BancShares, INC | 3A1 | Four States Bancshares, Inc., Carthage, Missouri, to become a bank holding company through the acquisition of Four States Bank, Carthage, Missouri, a bank in formation. | Not applicable | 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 |
|---|---|---|---|---|---|
| ENTERPRISE BK, OMAHA, NEBRASKA | 1836701 | 10/23/2023 | 08/07/2023 | S | Int Small Bank |
| FIRST OPTION BK, OSAWATOMIE, KANSAS | 285852 | 06/16/2023 | 03/06/2023 | S | Int Small Bank |
| FIVE POINTS BK, GRAND ISLAND, NEBRASKA | 554857 | 06/10/2023 | 03/13/2023 | O | Int Small Bank |
| MIDWEST BK, PIERCE, NEBRASKA | 669555 | 02/26/2024 | 11/27/2023 | S | Int Small Bank |
CRA Examinations scheduled for Quarter of
| Institution | Location | Quarter |
|---|---|---|
| NONE | ||