Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
District 8: Federal Reserve Bank of St. Louis PDF
Filings received during the week ending September 9, 2023
| Filer | Filing Type | Filing Proposal | End of Comment Period | |
|---|---|---|---|---|
| Newspaper | Federal Register | |||
| LEGACY BANCSHARES, INC. | Change in Bank Control | Notice by the Gary C. George LNB Trust (Gary C. George as trustee), Robin Ann George LNB Trust (Robin Ann George as trustee), Julie Ann Swope 2020 Trust (Julie Ann Swope as trustee), The Julie Ann Swope LNB Trust (Julie Ann Swope as trustee), The Patrick Holt Swope Revocable Trust (Patrick Holt Swope as trustee), The Patrick & Julie Swope Children's Trust No. 1 (Robin Ann George, Patrick Holt Swope and Julie Ann Swope as co-trustees), Minor Child and Minor Child (Patrick Holt Swope as custodian of each), The Charles E. George 2020 Trust (Charles E. George as trustee), The Charles E. George LNB Trust (Charles E. George as trustee), The Samantha Pacaccio George Revocable Trust (Samantha Pacaccio George as trustee), The Charles & Samantha George Children's Trust No. 1 (Robin Ann George, Charles E. George and Samantha George as co-trustees), The Julie Ann Swope Family Trust (Julie Ann Swope as trustee), The Charles E. George Family Trust (Charles E. George as trustee), all of Springdale, AR; The Mary Kathryn Brown LNB Trust (Mary Kathryn Brown as trustee), The Matthew J. Brown Revocable Trust (Matthew J. Brown as trustee), The Anna Roblee George Revocable Trust (Anna Roblee George as trustee), The Evans Family Revocable Trust (David R. Evans and Cathy George Evans as co-trustees), The Siems Family Joint Revocable Living Trust (Linden E. Siems and Brandon Siems as co-trustees), The Minor Child Crummey Trust (Linden E. Siems as trustee), The Minor Child Crummey Trust (Linden E. Siems as trustee), The Cathy George Evans Children's Trust No. 2 (David R. Evans and Cathy George Evans as co-trustees), Martin Swope, all of Fayetteville, AR; et al, to establish a family control group, a group acting in concert, to retain and acquire voting shares of Legacy BancShares, Inc., and thereby indirectly retain and acquire voting shares of Legacy National Bank, both of Springdale, AR. | 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 |
|---|---|---|---|---|---|
| CITIZENS B&TC, VAN BUREN, ARKANSAS | 192147 | 01/29/2023 | 10/24/2022 | S | Int Small Bank |
| FIRST SAVINGS BK, JEFFERSONVILLE, INDIANA | 785473 | 04/24/2023 | 04/18/2022 | S | Int Small Bank |
| OAKSTAR BK, SPRINGFIELD, MISSOURI | 3374412 | 12/19/2022 | 06/13/2022 | S | Int Small Bank |
CRA Examinations scheduled for Quarter of
| Institution | Location | Quarter |
|---|---|---|
| NONE | ||