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 February 24, 2024
| Filer | Filing Type | Filing Proposal | End of Comment Period | |
|---|---|---|---|---|
| Newspaper | Federal Register | |||
| OAKSTAR BANK | * 18C * Branch (Domestic) | OakStar Bank, Springfield, Missouri, to merge with Community First Bank, Kansas City, Kansas, and First Colorado National Bank, Paonia, Colorado, and to retain the acquired facilities as branch offices | 03/22/2024 | Not applicable |
* 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 |
|---|---|---|---|---|---|
| BANK OF ADVANCE, ADVANCE, MISSOURI | 879644 | 11/03/2023 | 07/24/2023 | S | Int Small Bank |
| FIRST SAVINGS BK, JEFFERSONVILLE, INDIANA | 785473 | 04/24/2023 | 04/18/2022 | S | Int Small Bank |
| LINDELL B&TC, SAINT LOUIS, MISSOURI | 185859 | 12/18/2023 | 09/05/2023 | S | Int Small Bank |
| MONTICELLO BKG CO, MONTICELLO, KENTUCKY | 266945 | 01/27/2024 | 09/05/2023 | 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 Second Quarter of 2024 (April 1, 2024 - June 30, 2024) and Third Quarter of 2024 (July 1, 2024 - September 30, 2024)
| Institution | Location | Quarter |
|---|---|---|
| CARROLL B&T | HUNTINGDON, TENNESSEE | Second Quarter of 2024 |
| INDEPENDENCE BK OF KY | OWENSBORO, KENTUCKY | Second Quarter of 2024 |
| RIVERWIND BK | AUGUSTA, ARKANSAS | Second Quarter of 2024 |
| ARVEST BK | FAYETTEVILLE, ARKANSAS | Third Quarter of 2024 |
| BANK OF FAYETTE CTY | PIPERTON, TENNESSEE | Third Quarter of 2024 |
| BANK OF WINONA | WINONA, MISSISSIPPI | Third Quarter of 2024 |
| DU QUOIN ST BK | DU QUOIN, ILLINOIS | Third Quarter of 2024 |
| MIDLAND ST BK | EFFINGHAM, ILLINOIS | Third Quarter of 2024 |
| MIDWEST BANKCENTRE | SAINT LOUIS, MISSOURI | Third Quarter of 2024 |