Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
District 4: Federal Reserve Bank of Cleveland PDF
Filings received during the week ending September 28, 2024
| Filer | Filing Type | Filing Proposal | End of Comment Period | |
|---|---|---|---|---|
| Newspaper | Federal Register | |||
| CITIZENS GUARANTY FINANCIAL CORPORATION | Change in Bank Control | Interagency Notice of Change in Bank Control filed by Larry T. Clark, Danville, Kentucky, as successor trustee of the John M. St. Clair, Jr. Trust dated January 16, 2006, for permission to retain 100% of the shares and thereby control Citizens Guaranty Financial Corporation, Irvine, Kentucky, and indirectly control Citizens Guaranty Bank, Richmond, Kentucky | 10/15/2024 | Not available |
| GENOA BANKING COMPANY, THE | Premises | The Genoa Banking Company, Genoa, Ohio requests permission to exceed its limit of investment in premises pursuant to Sections 208.21 of Regulation H and 24A of the Federal Reserve Act in the amount of $3,500,000. | Not applicable | Not applicable |
| WESBANCO, INC. | * 3A5 * 3A3 | Wesbanco, Inc., Wheeling, West Virginia, submits an application to acquire Premier Financial Corporation, Defiance, Ohio, and thereby indirectly acquire Premier Bank, Youngstown, Ohio, pursuant to sections 3(a)(3) and 3(a)(5) of the Bank Holding Company Act of 1956, as amended. | 10/24/2024 | 10/28/2024 |
* 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 |
|---|---|---|---|---|---|
| HEARTLAND BK, WHITEHALL, OHIO | 853112 | 12/17/2023 | 04/11/2022 | O | Int Small Bank |
CRA Examinations scheduled for Quarter of
| Institution | Location | Quarter |
|---|---|---|
| NONE | ||