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 December 7, 2024
| Filer | Filing Type | Filing Proposal | End of Comment Period | |
|---|---|---|---|---|
| Newspaper | Federal Register | |||
| COMMUNITY FIRST BANCSHARES, INC. | Change in Bank Control | The Glenn R. Hamilton Trust dated November 20, 1998, Glenn R. Hamilton as trustee, and Marsha Hamilton, all of Butler, Missouri; each a member of the Hamilton Family Control Group, to acquire 25 percent or more of the shares and thereby control of Community First Bancshares, Inc., and thereby indirectly acquire control of Community First Bank, both of Butler, Missouri. | Not available | 12/17/2024 |
| WHITCORP FINANCIAL COMPANY | Change in Bank Control | The Clay G. Whitham Trust No. 4, Elizabeth Whitham, as trustee, and Brian G. Wurst, as trustee, all of Lamar, Colorado, and Travis Whitham, Denver, Colorado, as trust director; the Stewart Whitham Trust No. 4 and Jane Whitham as trustee, all of Leoti, Kansas, Brian G. Wurst as trustee, and Clay Whitham, Lamar, Colorado, as trust director; the Whitham 2024 Descendants Trust and Barth Whitham as trustee, all of Morrison, Colorado, to become members of the Whitham Family Control Group, a group acting in concert, to acquire 25 percent or more of the voting shares of Whitcorp Financial Company, Leoti, Kansas, and thereby indirectly acquire voting shares of Western State Bank, Garden City, Kansas, and Frontier Bank, Lamar, Colorado. Brian G. Wurst in his roles as trustee to acquire 25 percent or more of the voting shares of Whitcorp Financial Company. Brian G. Wurst, Clay Whitham, and Barth Whitham have been previously permitted by the Federal Reserve System to acquire control of voting shares of the Whitcorp Financial Company and are currently members of the Whitham Family Control Group. | Not available | 12/30/2024 |
* 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 |
|---|---|---|---|---|---|
| ADAMS B&TC, OGALLALA, NEBRASKA | 463650 | 11/07/2024 | 08/05/2024 | S | Int Small Bank |
| AMERICAN HERITAGE BK, SAPULPA, OKLAHOMA | 311050 | 04/07/2024 | 08/14/2023 | S | Int Small Bank |
| BANK OF CMRC, CHANUTE, KANSAS | 862057 | 07/04/2024 | 04/15/2024 | S | Int Small Bank |
| CITIZENS ST BK, WISNER, NEBRASKA | 482053 | 04/29/2024 | 02/12/2024 | S | Int Small Bank |
| GRAND BK, TULSA, OKLAHOMA | 76854 | 09/02/2024 | 06/10/2024 | S | Int Small Bank |
| JONAH BK, CASPER, WYOMING | 3412417 | 06/03/2024 | 03/18/2024 | S | Int Small Bank |
| MIDWEST BK, PIERCE, NEBRASKA | 669555 | 02/26/2024 | 11/27/2023 | S | Int Small Bank |
| SECURITY ST BK, BASIN, WYOMING | 955959 | 07/21/2024 | 04/29/2024 | S | Int Small Bank |
CRA Examinations scheduled for Quarter of
| Institution | Location | Quarter |
|---|---|---|
| NONE | ||