Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
District 11: Federal Reserve Bank of Dallas PDF
Filings received during the week ending June 15, 2024
| Filer | Filing Type | Filing Proposal | End of Comment Period | |
|---|---|---|---|---|
| Newspaper | Federal Register | |||
| FROST BANK | * Branch (Domestic) | Frost Bank, San Antonio, Texas, to establish a branch at 8651 Eldorado Parkway, McKinney, Texas | 06/20/2024 | Not applicable |
| PILGRIM BANCORPORATION | Change in Bank Control | Notice of change in control by Rodney Bass, as trustee of The Lonnie Ken Pilgrim 2003 GST Trust, The Lonnie Ken Pilgrim 1999 Issue Trust, The LKP 2012 GST Trust, The Greta Pilgrim Owens 2003 GST Trust, The Greta Pilgrim Owens 1999 Issue Trust, and The GPO 2012 Trust, Sulphur Springs, Texas, requesting permission to join the Pilgrim/ Henson/ Simpson family group, previously cleared by the Federal Reserve Board under the Change in Bank Control Act on May 17, 2019, to retain 25 percent or more of the shares and thereby control Pilgrim Bancorporation, Mount Pleasant, Texas. | Not available | Not available |
| SUNFLOWER BANK, NATIONAL ASSOCIATION | * 18C * Branch (Domestic) | Sunflower Bank, National Association, Dallas, Texas, upon conversion to a Texas state-chartered bank and retention of membership in the Federal Reserve System, to merge with HomeStreet Bank, Seattle, Washington, and to establish branches at the locations of HomeStreet Bank's main office and branches. | Not available | 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 |
|---|---|---|---|---|---|
| THIRD COAST BK SSB, HUMBLE, TEXAS | 3630323 | 08/14/2022 | 04/25/2022 | S | Int Small Bank |
CRA Examinations scheduled for Quarter of
| Institution | Location | Quarter |
|---|---|---|
| NONE | ||