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 February 8, 2020

Filer Filing Type Filing Proposal End of Comment Period
CENTRAL BANK OF THE MIDWEST * 18C
* Branch
Central Bank of the Midwest, Lee's Summit, Missouri, to merge with Platte Valley Bank of Missouri, Platte City, Missouri, and incident thereto, to establish several branches.
Newspaper: 02/28/2020
Federal Register: Not applicable
FINANCIAL SECURITY CORPORATION CIC Notice submitted by Emily Crouse and Sam Crouse, both of Basin, Wyoming; Ian Crouse and Dylan Crouse, both of Billings, Montana; Jordan Crouse and Stacee Crouse, both of Firestone, Colorado; and Thayer Crouse, Sandy, Utah, to retain voting shares of Financial Security Corporation, parent of Security State Bank, both in Basin, Wyoming; and for approval as members of the Crouse Family Group which controls Financial Security Corporation.
Newspaper: Not available
Federal Register: 02/24/2020
FIRST STATE HOLDING CO. * 3A5
* 3A3
First State Holding Company, Lincoln, Nebraska to acquire 100 percent of the voting shares of Schneider Bancorporation, parent of Plattsmouth State Bank, both of Plattsmouth, Nebraska.
Newspaper: Not available
Federal Register: 03/12/2020
SECURITY BANCSHARES, INC. CIC Notice submitted by Lois D. Fenster, individually, and as co-trustee of The Lois D. Fenster Living Trust; co-trustee of The Stephen R. Fenster Living Trust; general partner of The Fenster Family Partnership, L.P.; and owner of Jennison Investments, Inc. (jointly owned by Lois D. Fenster and Pamela Jennison), which serves as general partner of The Jennison Family Partnership, L.P., all of Healy, Kansas, to retain voting shares, and thereby control, of Security Bancshares, Inc., Scott City, Kansas (Security). Security controls Farmers & Merchants Bank of Colby, Colby, Kansas; Security State Bank, Scott City, Kansas; and The Farmers State Bank of Oakley, Kansas. Additionally, the following individuals/entities to be approved as members of the Fenster/Jennison Family Group, which controls Security: The Fenster Family Partnership, L.P.; The Jennison Family Partnership, L.P.; The Lois D. Fenster Living Trust, Stephen Fenster, as co-trustee; The Stephen R. Fenster Living Trust, Stephen Fenster, trustee, all of Healy, Kansas; Danielle E. Demuth, Pratt, Kansas; Kurt A. Fenster, Indianapolis, Indiana; Neil S. Wilson, Healy, Kansas; and Paul A. Wilson, Stratford, Oklahoma.
Newspaper: Not available
Federal Register: 02/19/2020
SECURITY BANCSHARES, INC. 4c8 Security Bancshares Inc., Scott City, Kansas, to engage in community development activities through its subsidiary Stoney Brook Homes II, LLC, Scott City, Kansas.
Newspaper: Not applicable
Federal Register: 02/28/2020


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
CORNHUSKER BK, LINCOLN, NEBRASKA 544652 11/04/2019 02/06/2020 S Int Small Bank


CRA Examinations scheduled for     Quarter of

Institution Location Quarter
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