Federal Reserve Release, H2, Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received

Release dates | Full version (300 KB PDF)
Actions by the Board | Actions under delegated authority
Applications and reports:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco

District: 11
Federal Reserve Bank of: Dallas

Filings received during the week ending May 24, 2008

Filer Filing Type Filing Proposal End of Comment Period
FIRST ARTESIA BANCSHARES, INC. 4c8 First Artesia Bancshares, Inc., Artesia, New Mexico, to acquire 100 percent of First Financial Services, Inc., Chaparral, New Mexico, and therefore to engage in lending activities pursuant to section 4(c)(8) of the Bank Holding company Act and Section 225.28(b)(1) of Regulation Y.
Newspaper: Not applicable
Federal Register: Not applicable
MCCAMEY FINANCIAL CORPORATION 4c8 McCamey Financial Corporation, Odessa, Texas, and McCamey Financial Delaware Corporation, Dover, Delaware, to acquire indirectly through its 100 percent-owned bank subsidiary, Security State Bank, Odessa, Texas, a 70 percent investment in Venture Finance LLC, Midland, Texas, and thereby engage in lending activities pursuant to Section 225.28(b)(1) of Regulation Y.
Newspaper: Not applicable
Federal Register: 06/06/2008
MENARD BANCSHARES, INC. CIC Notice by Mr. Murph M. Compton, Mr. Murph M. Compton, Jr. (individually and as trustee of the Alexander Marie Compton Trust and the Barrett Wesley Compton Trust), both of Menard, Texas, and Ms. Mary Margaret McDonald (individually and as trustee of the Elizabeth Ann McDonald Trust and the Wade Compton McDonald Trust), Plano, Texas; to acquire an interest in Menard Bancshares, Inc., Menard, Texas, and thereby indirectly acquire Menard National Bank, Menard, Texas.
Newspaper: 06/14/2008
Federal Register: 06/03/2008
MENARD BANCSHARES, INC. CIC Notice by Carolyn V. Kothmann, Menard, Texas, Carl G. Kothmann, Menard, Texas, Benny F. Kothmann, Menard, Texas, Dora L. Wright, Menard, Texas, Stanley C. Kothmann, Southlake, Texas, LaVerne C. Kothmann, Menard, Texas, and Kaddo F. Kothmann, Garden City, Texas, to acquire an interest in Menard Bancshares, Inc., Menard, Texas, and thereby indirectly acquire Menard National Bank, Menard, Texas.
Newspaper: Not available
Federal Register: Not available


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
SOUTHWEST BK, FORT WORTH, TEXAS 423458 02/25/2008 06/16/2008 S Int Sm Bank


CRA Examinations scheduled for Third Quarter of 2008 (July 1, 2008 - September 30, 2008)

Institution Location
BANK OF THE WEST EL PASO, TEXAS
COMERICA BK DALLAS, TEXAS
INDEPENDENT BK OF TX IRVING, TEXAS
SECURITY BK RALLS, TEXAS

* Subject to the provisions of the Community Reinvestment Act

Release dates | Full version (300 KB PDF)
Actions by the Board | Actions under delegated authority
Applications and reports:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco