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: 10
Federal Reserve Bank of: Kansas City

Filings received during the week ending August 9, 2008

Filer Filing Type Filing Proposal End of Comment Period
ALFALFA COUNTY BANCSHARES, INC. CIC Notice submitted by the Barbara Dean Flaming Trust and Brenda Jean Flaming Salinas, trustee; the Brenda Jean Flaming Trust and Barbara Dean Flaming Waite, trustee; the Michael Todd Flaming Trust and Brenda Jean Flaming Salinas, trustee; and the Flaming Children 2008 Irrevocable Trust and Gerald R. Chelgren, trustee; all of Cherokee, Oklahoma, part of a group acting in concert, to acquire/retain control of Alfalfa County Bancshares, Inc., parent of ACB Bank, both in Cherokee, Oklahoma.
Newspaper: Not available
Federal Register: 08/18/2008
COMMUNITY BANKS OF COLORADO * Branch Community Banks of Colorado, Greenwood Village, Colorado, to establish a branch at 320 Main Street, Suite 100, Carbondale, Colorado.
Newspaper: Not available
Federal Register: Not applicable
FIRST WESTERN FINANCIAL, INC. * 3A3 First Western Financial, Inc., Denver, Colorado, to acquire 100 percent of the voting shares of First Western Trust Bank of Arizona, Scottsdale, Arizona (in organization).
Newspaper: Not available
Federal Register: Not available
GN BANKSHARES, INC. CIC Notice by the Schifferdecker Limited Partnership, Girard, Kansas; Mark W. Schifferdecker, Girard, Kansas; Susan B. Friesen, Omaha, Nebraska; and Joy L. Shoop, Hiawatha, Kansas; as general partners, to acquire control of GN Bankshares, Inc., parent of The Girard National Bank , both in Girard, Kansas, through the acquisition of voting shares.
Newspaper: Not available
Federal Register: 08/21/2008
LEADERONE NATIONAL, INC. 4c8
* 3A1
LeaderOne National, Inc., Overland Park, Kansas, to become a bank holding company through the acquisition of 100 percent of the voting shares of Signature Bank KC, Haddam, Kansas, and to engage in mortgage banking through the acquisition of 100 percent of the voting shares of LeaderOne Financial Corporation, Overland Park, Kansas.
Newspaper: Not available
Federal Register: 09/08/2008
SOUTHEASTERN BANCSHARES, INC. CIC Notice submitted by Robyn E. Batson, Broken Bow, Oklahoma, as trustee of the Linda Lake Young Irrevocable Trust, the Lori Lee Young Irrevocable Trust, and the Robyn Elizabeth Batson Irrevocable Trust, to acquire control of Southeastern Bancshares, Inc., parent of 1st Bank & Trust, both in Broken Bow, Oklahoma.
Newspaper: 08/14/2008
Federal Register: 08/13/2008
WOODBINE AGENCY, INC. CIC Notice submitted by Charles I. Moyer Revocable Trust, Charlotte L. Moyer Family Trust, and Charlotte L. Moyer Marital Trust, Charles I. Moyer, Phillipsburg, Kansas, trustee; C. Bryant Moyer, Topeka, Kansas; Clinton I. Moyer, Borger, Texas; all as members of the Moyer Family Group; and Jaret Moyer, Emporia, Kansas, individually and as a member of the Moyer Family Group; to acquire control of Woodbine Agency, Inc., parent of The Citizens State Bank and Trust Company, both in Woodbine, Kansas.
Newspaper: 08/14/2008
Federal Register: 08/20/2008


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
CORNERSTONE BK, YORK, NEBRASKA 403151 04/07/2008 07/16/2008 S Int Sm Bank
UNION ST BK, CLAY CENTER, KANSAS 865759 04/28/2008 07/22/2008 S Small Bank


CRA Examinations scheduled for     Quarter of

Institution Location
NONE

* 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