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 27, 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
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
COUNTRY CLUB BANK * Branch Country Club Bank, Kansas City, Missouri, to establish a branch at 32 SE 3rd Street, Lee's Summit, Missouri.
Newspaper: 03/13/2021
Federal Register: Not applicable
PLATTE VALLEY BANK * Branch Platte Valley Bank, Scottsbluff, Nebraska, to establish a branch at 217 W 3rd Street, Alliance, Nebraska.
Newspaper: Not available
Federal Register: Not applicable
PLATTE VALLEY BANK * Branch Platte Valley Bank, Scottsbluff, Nebraska, to establish a branch at 141 W 3rd Street Chadron, Nebraska.
Newspaper: Not available
Federal Register: Not applicable
SPIRIT BANKCORP, INC. CIC The Fesperman Family, LLC, Lynn Fesperman, manager, both of Tulsa, Oklahoma; and the PDF Holdings Revocable Trust, Payton Fesperman, trustee, both of Tulsa, Oklahoma; to acquire voting shares of Spirit Bankcorp, Inc., Bristow, Oklahoma, and thereby indirectly acquire voting shares of Spirit Bank, Tulsa, Oklahoma; and to join the Mercer-Kelly-Fesperman Family Control Group, a group acting in concert.
Newspaper: Not available
Federal Register: Not available
VALLEY VIEW BANCSHARES, INC. CIC The Dreiseszun Grandchildren Trust, the Helene Kramer Trust, the Chad M. Feingold Grantor Trust, the Chad M. Feingold Irrevocable Insurance Trust, the Erika R. Feingold Irrevocable Insurance Trust, the Erika R. Feingold Grantor Trust, the Jeremy Morgan Family Irrevocable Trust, the Marilyn J. Feingold Trust #2, the Mark A. Morgan Family Irrevocable Trust, the Mark A. Morgan Trust #2, the Michael B. Morgan Trust #2, the Thomas S. Morgan Family Irrevocable Trust, the Thomas S. Morgan Trust #2, the Timothy Morgan Irrevocable Trust, the Todd D. Morgan Trust #2, the Avi Velasquez Irrevocable Trust, the Marley Blake Velasquez Irrevocable Trust, and the Mia M. Velasquez Irrevocable Trust, Gregory Sherman, as trustee or co-trustee, all of Overland Park, Kansas; to become members of the Sherman Control Group, a group acting in concert, to retain voting shares of Valley View Bancshares, Inc., Overland Park, Kansas, and thereby indirectly retain voting shares of Security Bank of Kansas City, Kansas City, Kansas.
Newspaper: Not available
Federal Register: Not available
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: 03/12/2021


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

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