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 March 1, 2025
| Filer | Filing Type | Filing Proposal | End of Comment Period | |
|---|---|---|---|---|
| Newspaper | Federal Register | |||
| BUCKEYE STATE BANCSHARES INC | Change in Bank Control | Interagency Notice of Change in Bank Control filed by Stanley Jackson, Westerville, Ohio, individually and as Trustee of the Buckeye State Bank 401(k) Employee Stock Ownership Plan ("ESOP") and Kevin Rahe, Perrysburg, Ohio, as Trustee of the ESOP, for permission to retain 10% or greater of the shares and thereby control Buckeye State Bancshares, Inc., Powell, Ohio, and indirectly control Buckeye State Bank, Powell, Ohio. | 03/18/2025 | 03/17/2025 |
| KILLBUCK SAVINGS BANK COMPANY, THE | * Branch (Domestic) | The Killbuck Savings Bank Company, Killbuck, Ohio, intends to establish a full service branch office located at 445 West Milltown Road, Wooster, Ohio 44691. | 03/13/2025 | Not applicable |
* 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 |
|---|---|---|---|---|---|
| KILLBUCK SVGS BK CO, KILLBUCK, OHIO | 1017425 | 01/18/2025 | 07/29/2024 | O | Int Small Bank |
CRA Examinations scheduled for Quarter of
| Institution | Location | Quarter |
|---|---|---|
| NONE | ||