Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
District 10: Federal Reserve Bank of Kansas City PDF
Filings received during the week ending January 7, 2023
| Filer | Filing Type | Filing Proposal | End of Comment Period | |
|---|---|---|---|---|
| Newspaper | Federal Register | |||
| BANK OF COMMERCE | * 18C * Branch (Domestic) | Bank of Commerce, Chanute, Kansas, to merge with Emerald Bank, Burden, Kansas, and incident thereto, to establish two branches. | 02/14/2023 | Not applicable |
| CATTLE CROSSING, INC. | Change in Bank Control | Roger D. Cattle, Lincoln, Nebraska and John T. Cattle, Overland Park, Kansas, as co-voting proxies of the John W. Cattle, Jr. Bank Stock Marital Trust, Seward, Nebraska (Bank Stock Marital Trust); to retain voting shares of Cattle Crossing, Inc., Seward, Nebraska, and thereby indirectly retain voting shares of Cattle Bank and Trust Company, Seward, Nebraska. In addition, the Bank Stock Marital Trust; to become a member of the Cattle Family Group, a group acting in concert. | Not available | 01/11/2023 |
| FIRST NORTHERN BANK OF WYOMING | * 18C * Branch (Domestic) | First Northern Bank of Wyoming, Buffalo, Wyoming, to merge with First State Bank of Newcastle, Newcastle, Wyoming, and incident thereto, to establish a branch. | 02/09/2023 | Not applicable |
| HOPE BANCSHARES, INC. | Change in Bank Control | Dan K. Coup, to retain voting shares of Hope Bancshares, Inc., and thereby indirectly acquire control of the First National Bank of Hope, all of Hope, Kansas. | 01/24/2023 | 01/23/2023 |
| STEINAUER BANCORP | Change in Bank Control | Johannes Wilhelmus Antonius Zuurbier, Amsterdam, Netherlands, to acquire voting shares of Steinauer Bancorp, and thereby indirectly acquire voting shares of Bank of Steinauer, both of Steinauer, Nebraska. | Not available | Not available |
* Subject to the provisions of the Community Reinvestment Act
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 |
|---|---|---|---|---|---|
| FIRST NORTHERN BK OF WY, BUFFALO, WYOMING | 868956 | 01/23/2022 | 10/25/2021 | S | Int Small Bank |
| PEOPLES BK, PRATT, KANSAS | 530655 | 07/11/2022 | 04/25/2022 | S | Int Small Bank |
CRA Examinations scheduled for Quarter of
| Institution | Location | Quarter |
|---|---|---|
| NONE | ||