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: 11
Federal Reserve Bank of: Dallas

Filings received during the week ending March 27, 2021

Filer Filing Type Filing Proposal End of Comment Period
CENTRAL BANCSHARES, INC. CIC John H. Young 2020 Trust ("Trust"), Edward E. Hartline, as trustee, to acquire voting shares of Central Bancshares, Inc., and thereby indirectly acquire voting shares of Central Bank, all of Houston, Texas; and Trust to become a member of the Young Family Control Group, a group acting in concert.
Newspaper: Not available
Federal Register: 04/05/2021
RIVERBEND FINANCIAL CORPORATION CIC Barkat Ali, Southlake, Texas, Kevin Johnston, Pantego, Texas, Mike Farhat, Southlake, Texas, Judy Han, Houston, Texas, Wea Lee, Houston, Texas, Young Yoo, Dallas, Texas, Jeung-Ho Park, Irving, Texas, Clinton Dunn, Dallas, Texas, Andrew Park, Santa Clarita, California, and Mihir Patel, Coppell, Texas, as a group acting in concert, to control Riverbend Financial Corporation, and Spectra Bank, both of Fort Worth, Texas
Newspaper: Not available
Federal Register: 08/13/2020
SUSSER BANK * Branch Susser Bank, Bedford, Texas, to establish a branch located at 3030 Matlock Road, Arlington, Texas 76015.
Newspaper: 04/01/2021
Federal Register: Not applicable
TEXAS COMMUNITY BANCSHARES, INC. * 3A1 Texas Community Bancshares, Inc., Mineola, Texas, to become a bank holding company by acquiring Mineola Community Bank, S.S.B., Mineola, Texas, in connection with the proposed second-step conversion of Mineola Community Mutual Holding Company, Mineola, Texas, from the mutual to stock form of ownership
Newspaper: 04/12/2021
Federal Register: 04/16/2021


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