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 September 28, 2024
| Filer | Filing Type | Filing Proposal | End of Comment Period | |
|---|---|---|---|---|
| Newspaper | Federal Register | |||
| CITIZENS BANCSHARES, INC. | Change in Bank Control | Notice by Richard H. Wolfe, Kelly R. Wolfe, Allison J. Wolfe, Andrew R. Wolfe, and the Wolfe Foundation of Edwards County, Inc., Richard H. Wolfe as director, all of Albion, Illinois, a group acting in concert, to retain voting shares of Citizens Bancshares, Inc. and thereby indirectly retain voting shares of Citizens National Bank of Albion, both of Albion, Illinois | 10/31/2024 | 10/18/2024 |
| FB CORPORATION | Change in Bank Control | Notice by Joel L. Weeks, St. Louis, Missouri, as trustee of the JFD Class B Common Trust (MJD), Creve Coeur, Missouri, the JFD Class B Common Trust (EDM), the EDM Class A Common Trust, and the EDM Class A Common Trust II, all of Jackson, Wyoming, to join the previously approved Dierberg Family Control Group by acquiring Class A and Class B voting shares of FB Corporation, and thereby indirectly acquiring voting shares of First Bank, both of Creve Coeur, Missouri. | 10/21/2024 | 10/17/2024 |
| MHBC INVESTMENTS LIMITED PARTNERSHIP I LLLP | Change in Bank Control | Notice by the Gary Canada Family Trust and the Bradley S. Canada 2020 Trust, Bradley S. Canada as trustee for both, all of Little Rock, Arkansas, and Gary R. Canada, Sr., England, Arkansas, a group acting in concert, to retain voting shares of MHBC Investments Limited Partnership I, LLLP, and thereby indirectly retain voting shares of Canada Bancshares, Inc., and the Bank of England, all of England, Arkansas | 10/19/2024 | Not available |
* 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 |
| CARROLL B&T, HUNTINGDON, TENNESSEE | 541857 | 09/27/2024 | 06/03/2024 | S | Int Small Bank |
| CITIZENS BK, BATESVILLE, ARKANSAS | 856748 | 03/30/2024 | 05/15/2023 | S | Int Small Bank |
| FNB CMNTY BK, VANDALIA, ILLINOIS | 137447 | 11/03/2023 | 07/24/2023 | S | Int Small Bank |
| GUARANTY BK, SPRINGFIELD, MISSOURI | 3804535 | 03/31/2024 | 05/01/2023 | 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 |
| PATRIOT BK, MILLINGTON, TENNESSEE | 3120646 | 07/23/2022 | 02/07/2022 | S | Int Small Bank |
CRA Examinations scheduled for Quarter of
| Institution | Location | Quarter |
|---|---|---|
| NONE | ||