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: 8
Federal Reserve Bank of: St. Louis

Filings received during the week ending September 3, 2022

Filer Filing Type Filing Proposal End of Comment Period
HOMETOWN BANCORP, INC. CIC Notice by Jeffrey Joe Stinson, Milan, Tennessee; the Patricia Ross Jones 2021 GST-Exempt ESBT Trust, Patricia Jones, Trustee, Trenton, Tennessee; the Linda Ross Szopinski 2021 GST-Exempt ESBT Trust, Linda Szopinski, Trustee, Milan, Tennessee; the John W. Ross 2021 GST-Exempt ESBT Trust, John Ross, Trustee, Milan, Tennessee; the Sandra K. Ross 2021 GST-Exempt ESBT Trust, Sandra Stinson, Trustee, Milan, Tennessee; John W. and Missy Ross, Milan, Tennessee; Barry Jones, Trenton, Tennessee; and James Szopinski, Milan, Tennessee, acting as a family group, to acquire and retain control of Hometown Bancorp, Inc., and thereby indirectly control The Bank of Milan, both of Milan, Tennessee.
Newspaper: 09/20/2022
Federal Register: 09/06/2022
PRIME BANC CORP. CIC Notice by KJ Jansen, LP, and Robert G. Willenborg, individually and as General Partner of KJ Jansen, LP, all of Effingham, Illinois, a group acting in concert, to acquire 10 percent or more of the voting shares and thereby control of Prime Banc Corp., Effingham, Illinois, the parent company of Dieterich Bank, Effingham, Illinois.
Newspaper: 09/20/2022
Federal Register: 09/19/2022


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