Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
District 8: Federal Reserve Bank of St. Louis PDF
Filings received during the week ending October 7, 2023
| Filer | Filing Type | Filing Proposal | End of Comment Period | |
|---|---|---|---|---|
| Newspaper | Federal Register | |||
| EDMONTON BANCSHARES, INC. | Change in Bank Control | Notice by the Kimberly P. Thompson Irrevocable Trust, John N. Thompson, as Trustee, both of Brentwood, Tennessee; the Julie C. Thompson Irrevocable Trust, David W. Thompson, as Trustee, both of Edmonton, Kentucky, to retain voting shares of Edmonton Bancshares, Inc., Edmonton, Kentucky, and thereby indirectly retain voting shares of Edmonton State Bank, Glasgow, Kentucky | Not available | 10/05/2023 |
| FIRST NATIONAL BANK IN CARLYLE, THE | Membership | The First National Bank in Carlyle, Carlyle, Illinois, to become a member of the Federal Reserve System | Not applicable | Not applicable |
| FIRST SECURITY BANK | * Branch (Domestic) | First Security Bank, Searcy, Arkansas, to establish a branch facility to be located at 151 East County Highway 30A, Santa Rosa Beach, Florida. | 10/13/2023 | Not applicable |
| OMB BANK | * Branch (Domestic) | OMB Bank, Springfield, Missouri, to establish a branch facility to be located at 8801 Renner Boulevard, Suite 401, Lenexa, Kansas | 10/12/2023 | Not applicable |
| RiverWind Bancshares, Inc. | * 3A1 | RiverWind Bancshares, Inc., Augusta, Arkansas, to become a bank holding company by acquiring RiverWind Bank, Augusta, Arkansas, | 11/07/2023 | 11/13/2023 |
* 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 |
|---|---|---|---|---|---|
| CITIZENS B&TC, VAN BUREN, ARKANSAS | 192147 | 01/29/2023 | 10/24/2022 | S | Int Small Bank |
| FIRST SAVINGS BK, JEFFERSONVILLE, INDIANA | 785473 | 04/24/2023 | 04/18/2022 | S | Int Small Bank |
| OAKSTAR BK, SPRINGFIELD, MISSOURI | 3374412 | 12/19/2022 | 06/13/2022 | S | Int Small Bank |
| OLD MO BK, SPRINGFIELD, MISSOURI | 2785646 | 06/03/2023 | 03/06/2023 | S | Int Small Bank |
| RELYANCE BK, WHITE HALL, ARKANSAS | 49241 | 09/23/2023 | 06/05/2023 | S | Int Small Bank |
CRA Examinations scheduled for Quarter of
| Institution | Location | Quarter |
|---|---|---|
| NONE | ||