Federal Reserve Release, H2, Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received

District: 10
Federal Reserve Bank of: Kansas City

Filings received during the week ending January 16, 2021

Filer

Filing Type

Filing Proposal

End of Comment Period

CEDAR RAPIDS STATE COMPANY

CIC

Notification submitted by John Morrow, Albion, Nebraska, to retain voting shares of Cedar Rapids State Company, parent of Cedar Rapids State Bank, both in Cedar Rapids, Nebraska; and to be approved as a member of the Sullivan family group that controls Cedar Rapids State Company.

Newspaper:	01/15/2021
Federal Register:	01/29/2021

CHAMBANCO, INC.

CIC

Larry Adams, Chamber, Nebraska, individually, as trustee, and as a member of the Adams Family Group, a group acting in concert, to retain 25 percent or more of the voting shares of Chambanco, Inc. (Chambanco), Chambers, Nebraska. In addition, Patrick Adams; Patrick Adams Testamentary Trust, Larry Adams, trustee; S and B Trust, Larry Adams, trustee, all of Chambers, Nebraska, to retain shares of Chambanco, and join the Adams Family Group. Chambanco controls Chambers State Bank, Chambers, Nebraska.

Newspaper:	Not available
Federal Register:	Not available

SBWY FINANCIAL CORPORATION

* 3A1

SBWY Financial Corporation, Evanston, Wyoming to become a bank holding company through the acquisition of 100 percent of the voting shares of State Bank, Green River, Wyoming.

Newspaper:	02/02/2021
Federal Register:	02/16/2021

SUNDANCE BANKSHARES, INC.

CIC

Notice submitted by the Trudy M. Durfee Revocable Trust, Trudy M. Durfee, trustee, both of Sundance, Wyoming, to acquire voting shares and thereby control of Sundance Bankshares, Inc. (SBI), parent of Sundance State Bank, both in Sundance, Wyoming; In addition, notice submitted by The Danny K. Hopson and Janice Dee Hopson Family Trust, and Danny K Hopson and Janice Dee Hopson as co-Trustees, all of San Tan Valley, Arizona, to retain shares of SBI and be approved as members of the Richard Durfee Family Group which controls SBI. Trudy M. Durfee was previously approved as a member of the Richard Durfee Family Group.

Newspaper:	12/30/2020
Federal Register:	12/23/2020

VALLIANCE FINANCIAL CORP.

CIC

Notice submitted by Thomas M. Annesley, Norman, Oklahoma, as a member of the Oliver Family Group, a group acting in concert, to acquire 25 percent or greater of the voting shares of Valliance Financial Corp. (Valliance), Oklahoma City, Oklahoma, and thereby indirectly acquire voting shares of Valliance Bank, Oklahoma City, Oklahoma. In addition, The Roy T. Oliver and Rebecca L. Oliver 2020 Irrevocable Trust, city, state, Thomas M. Annesley, trustee, to acquire shares of Valliance and join the Oliver Family Group.

Newspaper:	Not available
Federal Register:	Not available

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
NONE

CRA Examinations scheduled for Quarter of

Institution	Location	Quarter
NONE

* Subject to the provisions of the Community Reinvestment Act

District: 10 Federal Reserve Bank of: Kansas City

Filings received during the week ending January 16, 2021

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 10
Federal Reserve Bank of: Kansas City