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 20, 2021

Filer Filing Type Filing Proposal End of Comment Period
BANNER COUNTY BAN CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST * 3A3 Banner County Ban Corporation Employee Stock Ownership Plan and Trust to acquire up to an additional 2.95 percent for a total of 44.60 percent of the voting shares of Banner County Ban Corporation, and thereby indirectly acquire additional shares of Banner Capital Bank, all of Harrisburg, Nebraska.
Newspaper: 03/20/2021
Federal Register: Not available
CENTRAL BANCSHARES OF KANSAS CITY, INC. CIC Joseph Tutera, Mission Hills, Kansas, a member of the Tutera Family Group, a group acting in concert, to retain voting shares of Central Bancshares of Kansas City (Bancshares) and thereby indirectly retain voting shares of Central Bank of Kansas City, both of Kansas City, Missouri. Additionally, Marian Olander Tutera, Mission Hills, Kansas; John "David" Cunningham, Prairie Village, Kansas; Anthony Michael Mendolia, Kansas City, Missouri; and Constance Marie Mendolia 2009 Irrevocable Trust dtd 12-29-09, Joseph Tutera, Trustee, John David Cunningham, Trust Protector; Mary Margaret Cunningham 2009 Irrevocable Trust dtd 12-29-09, Joseph Tutera, Trustee, Marian Olander Tutera, Trust Protector; Joseph C. Tutera 2009 Irrevocable Trust dtd 12-29-09, Joseph Tutera, Trustee, John David Cunningham, Trust Protector, all of Kansas City, Missouri;and Laura Cirese Tutera 2009 Trust dtd 10-8-09, Hanna Marie Tutera 2009 Trust dtd 10-8-09, Dominic Frank Tutera 2009 Trust dtd 10-8-09, Dominic Frank Tutera 2009 Trust dtd 10-8-09, Joseph Charles Tutera Jr. 2009 Trust dtd 10-8-09, David Cunningham, Trustee, Anthony Mendolia, Trust Protector, all of Kansas City, Missouri; to retain shares of Bancshares and join the Tutera Family Group.
Newspaper: 03/05/2021
Federal Register: 02/24/2021
CHAMBANCO, INC. CIC Larry Adams, individually as the largest shareholder, as trustee of the Patrick Adams Testamentary Trust and the S and B Trust, all of Chambers, Nebraska, and as a member of the Adams Family Group, a group acting in concert, to retain voting shares of Chambanco, Inc. (Chambanco), Chambers, Nebraska, and thereby indirectly retain shares of Chambers State Bank, Chambers, Nebraska. In addition, Patrick Adams, individually; the Patrick Adams Testamentary Trust; and the S and B Trust, all of Chambers, Nebraska, to retain shares of Chambanco, and join the Adams Family Group.
Newspaper: Not available
Federal Register: 02/11/2021
MCHUGH INVESTMENT COMPANY CIC Jeremy Brian McHugh, Donielle Eileen McHugh, Nathan Donald McHugh, and Kristina Lee McHugh, all of Murdock, Nebraska, as a group acting in concert, to retain voting shares of McHugh Investment Company, Murdock, Nebraska, and thereby indirectly retain voting shares of Corn Growers State Bank, Murdock, Nebraska.
Newspaper: 02/25/2021
Federal Register: 02/11/2021
WAMEGO BANCSHARES, INC. CIC Lance L. White, as co-trustee of the Lance L. White Revocable Trust dated April 26, 2017 and as trustee of the Lance L. White Irrevocable Trust, all of Wamego, Kansas; Monte W. White, individually, and as trustee of MWW Irrevocable Trust #1, all of Salina, Kansas; and Cherlyn D. White, as trustee of the Cherlyn D. White-Conklin Irrevocable Trust and as co-trustee of the Cherlyn White-Conklin Trust, all of Wamego, Kansas; as members of the White Family Group, a group acting in concert, to retain voting shares of Wamego Bancshares, Inc. (the company) and thereby indirectly retain voting shares of Bank of the Flint Hills, both of Wamego, Kansas. Additionally, the Lance L. White Revocable Trust dated April 26, 2017 and Kara L. White as co-trustee, both of Wamego, Kansas; Cherlyn White-Conklin Trust and Erich Conklin, as co-trustee, both of Wamego, Kansas; and certain minor children of the listed individuals; to retain voting shares of the company and join the White Family Group.
Newspaper: 03/09/2021
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 Second Quarter of 2021 (April 1, 2021 - June 30, 2021) and Third Quarter of 2021 (July 1, 2021 - September 30, 2021)

Institution Location Quarter
BANK OF THE FLINT HILLS WAMEGO, KANSASSecond Quarter of 2021
COTTONWOOD VALLEY BK CEDAR POINT, KANSASSecond Quarter of 2021
EQUITY BK ANDOVER, KANSASSecond Quarter of 2021
FIRST MO BK BROOKFIELD, MISSOURISecond Quarter of 2021
FIRST ST BK NE LINCOLN, NEBRASKASecond Quarter of 2021
STOCK EXCH BK CALDWELL, KANSASSecond Quarter of 2021
UNION ST BK CLAY CENTER, KANSASSecond Quarter of 2021
WAHOO ST BK WAHOO, NEBRASKASecond Quarter of 2021
WEST PLAINS BK AINSWORTH, NEBRASKASecond Quarter of 2021
WYOMING CMNTY BK RIVERTON, WYOMINGSecond Quarter of 2021
AMERICAN HERITAGE BK SAPULPA, OKLAHOMAThird Quarter of 2021
AMERICAN ST B&TC WICHITA, KANSASThird Quarter of 2021
BANK OF EUFAULA EUFAULA, OKLAHOMAThird Quarter of 2021
FIRST AMERICAN ST BK GREENWOOD VILLAGE, COLORADOThird Quarter of 2021
FIRST CMNTY BK BEEMER, NEBRASKAThird Quarter of 2021
FNB COWETA COWETA, OKLAHOMAThird Quarter of 2021
MADISON CTY BK MADISON, NEBRASKAThird Quarter of 2021
NBH BK GREENWOOD VILLAGE, COLORADOThird Quarter of 2021

* 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