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Federal Reserve Release
H.2
Actions of the Board, Its Staff,
and the Federal Reserve Banks;
Applications and Reports Received
No. 29
Week Ending July 16, 2022
Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2
Board Actions
July 10, 2022 to July 16, 2022
Regulations and Policies
Adjustable Interest Rate (LIBOR) Act -- notice of proposed rulemaking and request
for comment on a proposal that provides default rules for certain contracts that use
the LIBOR reference rate.
- Approved, July 15, 2022
(A/C) = Addition or Correction
Board - Page 1 of
1
H.2
Actions under delegated authority
S&R Supervision and Regulation
C&CA Consumer and Community Affairs
FOMC Federal Open Market Committee
July 10, 2022 to July 16, 2022
RBOPS Reserve Bank Operations and Payment Systems
IF International Finance
MA Monetary Affairs
Bank Branches, Domestic
Atlanta
Capital City Bank, Tallahassee, Florida -- to establish a branch at 1255 Lakes
Parkway, Lawrenceville, Georgia.
- Approved, July 15, 2022
Kansas City
Chickasaw Community Bank, Oklahoma City, Oklahoma -- (1) to establish a de novo
branch at 15 West 6th Street, Tulsa, Oklahoma, and (2) to increase its investment in
bank premises.
- Approved, July 14, 2022
Bank Holding Companies
Kansas City
Marshall Community Bancshares, Inc., Marshall, Missouri -- waiver of application to
merge with The Corder Bank, Corder, Missouri, in connection with its merger with
and into Community Bank of Marshall, Marshall, Missouri.
- Granted, July 12, 2022
Kansas City
National Bank Holdings Corporation, Greenwood Village, Colorado -- to acquire by
merger Community Bancorporation, Orem, Utah, and for NBH Bank, Greenwood
Village, Colorado, to merge with Rock Canyon Bank, Provo, Utah, and thereby
establish seven branches.
- Approved, July 15, 2022
(A/C) = Addition or Correction
Delegated - 1 of
5
H.2
Actions under delegated authority
July 10, 2022 to July 16, 2022
Bank Holding Companies
Philadelphia
Princeton Bancorp, Inc., Princeton, New Jersey -- to become a bank holding
company by acquiring The Bank of Princeton, Princeton, New Jersey.
- Approved, July 15, 2022
Bank Mergers
Minneapolis
Frandsen Bank & Trust, Lonsdale, Minnesota -- to merge with Bank of Zumbrota,
Zumbrota, Minnesota, and Pine Island Bank, Pine Island, Minnesota, (collectively,
Target Banks) and thereby establish branches at the locations of Target Banks' main
offices and branches.
- Approved, July 15, 2022
Change in Bank Control
Dallas
Austin Colony, Inc., Lake Jackson, Texas -- the Estate of H.L. Baker, Jr., Sheri
Barnhart, individually, and as executrix, the John R. Barnhart III Trust, the Matthew
Barnhart Trust, and the Samantha Barnhart Trust, John Barnhart, Jr., individually, and
with Sheri Barnhart, as co-trustees of all the trusts, all of Lake Jackson, Texas; to
become the Barnhart Family Group, a group acting in concert, to retain voting shares
of Austin Colony, Inc., and thereby indirectly retain voting shares of First National
Bank, Lake Jackson, Texas. In addition, the Baker Management Trust, Sheri
Barnhart, as trustee, both of Lake Jackson, Texas, to join the Barnhart Family Group
to acquire voting shares of First National Bank.
- Permitted, July 11, 2022
(A/C) = Addition or Correction
Delegated - 2 of
5
H.2
Actions under delegated authority
July 10, 2022 to July 16, 2022
Change in Bank Control
Dallas
Central Bancshares, Inc., Houston, Texas -- Michael H. Fiuzat, Houston, Texas, to
acquire voting shares of Central Bancshares, Inc., and thereby indirectly acquire
voting shares of Central Bank, Houston, Texas, by becoming a trustee of both the
Carolyn J. Young 2012 Trust and the John H. Young 2020 Trust, both of Houston,
Texas, and a member of the Young Family Control Group.
- Permitted, July 13, 2022
Cleveland
FNB, Inc., Dennison, Ohio -- Jodi Hillyer and Kim Hillyer, both of Dennison, Ohio;
Kurt Shelley, New Philadelphia, Ohio; Kim Shelley, Belmont, Maine; Tina Floyd,
North Canton, Ohio; Todd Scott, Strasburg, Ohio; and the Connolly, Hillyer and Ong
Law Firm, Uhrichsville, Ohio; to join the Hillyer Family Control Group, a group
acting in concert, to retain voting shares of FNB, Inc.
- Permitted, July 13, 2022
St. Louis
Paducah Bank Shares, Inc., Paducah, Kentucky -- the Revocable Trust of Joseph H.
Framptom, Joseph Hottle Framptom, trustee, and the Revocable Trust of Jeane B.
Framptom, Jeane Banks Framptom, trustee, all of Paducah, Kentucky; to join the
Framptom family control group, a group acting in concert, to acquire voting shares of
Paducah Bank Shares, Inc., and thereby indirectly acquire voting shares of The
Paducah Bank and Trust Company, Paducah, Kentucky.
- Permitted, July 14, 2022
(A/C) = Addition or Correction
Delegated - 3 of
5
H.2
Actions under delegated authority
July 10, 2022 to July 16, 2022
Change in Bank Control
Minneapolis
Security Bank Shares, Inc., Iron River, Wisconsin -- the Willard and Geraldine Ogren
Revocable Trust and the Greg Ogren Descendants Separate Trust, Greg Ogren,
individually and as trustee, the Scott Ogren Descendants Separate Trust, Scott Ogren,
individually and as trustee, and Lori Ogren, all of Iron River, Wisconsin; and the
Mark Ogren Descendants Separate Trust, Mark Ogren, individually and as trustee,
both of Minnetrista, Minnesota; a group acting in concert to retain voting shares of
Security Bank Shares, Inc., and thereby indirectly retain voting shares of Security
State Bank, Iron River, Wisconsin, and Security Bank, New Auburn, Wisconsin.
- Permitted, July 14, 2022
Dallas
VBT Financial Corporation, San Antonio, Texas -- the Cook Memorial Trust #1,
Cook Memorial Trust #4, and the Mayfair Private Trust Company, as co-trustee, all
of McAllen, Texas; 15 trusts for the benefit of minor children, all of McAllen, Texas;
the Mayfair Private Trust Company and Asiatrust Limited, Rarotonga, Cook Islands,
as co-trustees; and Elizabeth L. Morgan, Austin, Texas, as trust protector for each of
the aforementioned trusts; to join the Collins Family Control Group, a group acting in
concert, to acquire voting shares of VBT Financial Corporation, and thereby
indirectly acquire voting shares of Vantage Bank Texas, San Antonio, Texas
- Permitted, July 14, 2022
Secretary
Westbrand, Inc., Minot, North Dakota -- (1) the Hoeven Family Limited Liability
Limited Partnership (LLLP), Bismarck, North Dakota, John H. Hoeven III and
Marcela Hoeven Samson, both of Minot, North Dakota, as general partners of the
LLLP; the John H. Hoeven III 2021 Irrevocable Spousal Lifetime Access Trust,
Bismarck, North Dakota, a limited partner of LLLP, with First Western Bank and
Trust, Minot, North Dakota, as trustee, and Jon Backes, Minot, North Dakota, as trust
protector; and Marcela Hoeven Samson, individually to retain control of Westbrand,
Inc., and thereby indirectly control First Western Bank and Trust, Minot, North
Dakota; and (2) determination that the Hoeven Family LLLP is a qualified family
partnership for purposes of the Bank Holding Company Act.
- Permitted, July 14, 2022
(A/C) = Addition or Correction
Delegated - 4 of
5
H.2
Actions under delegated authority
July 10, 2022 to July 16, 2022
Forms
Director, MA, and General Counsel
Deposit Reporting Threshold -- annual assessment of the deposit reporting threshold
for 2022 for the Weekly Report of Deposits (FR 2900).
- Approved, June 16, 2022
(A/C)
Membership
Richmond
Cornerstone Bank, National Association, Lexington, Virginia -- to become a member
of the Federal Reserve System.
- Approved, July 14, 2022
Regulations and Policies
Secretary
System of Records -- publication for comment of a notice to modify an existing
system of records, BGFRS-12, "Bank Officers Personnel System."
- Approved, July 12, 2022
Supervision and Regulation
Director, S&R
Main Index -- request by Bank of America Corporation for a determination regarding
an index for purposes of the Board's capital rule.
- Granted, July 13, 2022
(A/C) = Addition or Correction
Delegated - 5 of
5
District: 1
Federal Reserve Bank of Boston
Filings received during the week ending July 16, 2022
Filer
Filing Type
BROOKLINE BANCORP, INC. * 3A3
* 3A5
HOMETOWN FINANCIAL
GROUP MHC
* 3A3
* 3A5
* Subject to the provisions of the Community Reinvestment Act
Filing Proposal
End of Comment Period
Application by Brookline Bancorp, Inc.,
Boston, Massachusetts ("Brookline") to
acquire PCSB Financial Corporation,
Yorktown Heights, New York, and its
wholly-owned subsidiary bank, PCSB
Bank, Brewster, New York, pursuant to
section 3(a)(3) and 3(a)(5) of the Bank
Holding Company Act of 1956, as
amended, and section 225.15 of Regulation
Y. Brookline will hold and operate PCSB
Bank as a separate bank subsidiary.
Newspaper:
Not available
Federal Register:
08/15/2022
Hometown Financial Group, MHC and
Hometown Financial Group, Inc.,
Easthampton, Massachusetts (collectively,
"Hometown Financial") to acquire 100
percent of Randolph Bancorp, Inc.,
Stoughton, Massachusetts and thereby
indirectly acquire Envision Bank,
Randolph, Massachusetts.
Newspaper:
Not available
Federal Register:
08/04/2022
District: 1
Federal Reserve Bank of Boston
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.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 2
Federal Reserve Bank of New York
Filings received during the week ending July 16, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
BANCO DE RESERVAS DE
LA REPUBLICA
DOMINICANA
FBSEA
Banco de Reservas de la Republica
Dominicana, Santo Domingo, Dominican
Republic, to establish representative
offices in New York, New York, and
Miami, Florida, pursuant to Section 10(a)
of the International Banking Act and
Section 211.24(a)(1)(i)(A) of Regulation
K.
Newspaper:
Not available
Federal Register:
Not applicable
* Subject to the provisions of the Community Reinvestment Act
District: 2
Federal Reserve Bank of New York
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.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 3
Federal Reserve Bank of Philadelphia
Filings received during the week ending July 16, 2022
Filer
Filing Type
NONE
* Subject to the provisions of the Community Reinvestment Act
Filing Proposal
End of Comment Period
District: 3
Federal Reserve Bank of Philadelphia
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.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 4
Federal Reserve Bank of Cleveland
Filings received during the week ending July 16, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
F.N.B. CORPORATION
* 3A3
Application by F.N.B. Corporation,
Pittsburgh, Pennsylvania, for prior
approval of the Board of Governors of the
Federal Reserve System, pursuant to
Section 3 of the Bank Holding Company
Act of 1956, as amended, to acquire 100%
percent of UB Bancorp, Greenville, North
Carolina, and thereby indirectly acquiring
Union Bank, Greenville, North Carolina.
Newspaper:
08/01/2022
Federal Register:
08/11/2022
Farmers & Merchants Bancorp, Inc.
Archbold, Ohio to acquire 100 percent of
Peoples-Sidney Financial Corporation,
Sidney, Ohio, and thereby indirectly
acquire Peoples Federal Savings and Loan
Association, Sidney, OH, and thereby
operate a savings association.
Newspaper:
08/12/2022
Federal Register:
08/04/2022
* 3A5
FARMERS & MERCHANTS
BANCORP, INC.
* 4c8
* Subject to the provisions of the Community Reinvestment Act
District: 4
Federal Reserve Bank of Cleveland
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.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 5
Federal Reserve Bank of Richmond
Filings received during the week ending July 16, 2022
Filer
Filing Type
NONE
* Subject to the provisions of the Community Reinvestment Act
Filing Proposal
End of Comment Period
District: 5
Federal Reserve Bank of Richmond
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.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 6
Federal Reserve Bank of Atlanta
Filings received during the week ending July 16, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
OUR COMMUNITY BANK
Member
Our Community Bank, Hialeah, Florida, to
become a member of the Federal Reserve
System.
Newspaper:
Not applicable
Federal Register:
Not applicable
* Subject to the provisions of the Community Reinvestment Act
District: 6
Federal Reserve Bank of Atlanta
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.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 7
Federal Reserve Bank of Chicago
Filings received during the week ending July 16, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
ARBOR BANCORP, INC.
CIC
Notice by the William C. Martin 2022
Grantor Retained Annuity Trust, with
William C. Martin as trustee, both of Ann
Arbor, Michigan, to become members of
the Martin Family Control Group, a group
acting in concert, to acquire voting shares
of Arbor Bancorp, Inc., and thereby
indirectly acquire voting shares of Bank of
Ann Arbor, both of Ann Arbor, Michigan.
Newspaper:
07/13/2022
Federal Register:
07/14/2022
ATPB Exempt Bank Trust, LaCrosse,
Wisconsin, and ATPB Non-Exempt Bank
Trust, La Crosse, Wisconsin, Andrew R.
Bosshard, La Crosse, Wisconsin, cotrustee, Ashley B. Sawyer, Washington,
D.C., co-trustee, Alexandra Tana Pizitz
Bosshard, Washington, D.C., investment
advisor and with power to appoint or
remove trustees, and Elizabeth BosshardBlackey, Edina, Minnesota, trust protector
and with power to appoint or remove
trustees, to become members of the
Bosshard Family Control Group, a group
acting in concert, to acquire voting shares
of Bosshard Financial Group, Inc., La
Crosse, Wisconsin, and thereby indirectly
acquire voting shares of One Community
Bank, Oregon, Wisconsin and Farmers
State Bank-Hillsboro, Hillsboro,
Wisconsin.
Newspaper:
08/02/2022
Federal Register:
08/04/2022
First Iowa State Bank, Albia, Iowa to
merge with First Iowa State Bank,
Keosauqua, Iowa pursuant to section 18(c)
of the Federal Deposit Insurance Act. As a
result of the merger, First Iowa State Bank,
Albia, Iowa will establish branches located
at 714 1st Street, Keosauqua, Iowa; 102
Division Street, Cantril, Iowa; and 110
North Washington Street, Bloomfield,
Iowa.
Newspaper:
Not available
Federal Register:
Not applicable
FVSB Mutual Bancorp, MHC, Fond du
Lac, Wisconsin, to become mutual bank
holding company and FVSB Bancorp, Inc.,
Fond du Lac, Wisconsin, proposes to
become a mid tier stock bank holding
company, all in connection with Fox Valley
Savings Bank, Fond du Lac, Wisconsin
proposals to convert from a mutual to stock
savings bank.
Newspaper:
Not available
Federal Register:
Not available
BOSSHARD FINANCIAL
GROUP, INC.
CIC
FIRST IOWA STATE BANK
* 18C
* Branch
FVSB Mutual Bancorp, MHC
* 3A1
* Subject to the provisions of the Community Reinvestment Act
District: 7
Federal Reserve Bank of Chicago
Filings received during the week ending July 16, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
Hoosier Heartland State Bancorp * 3A1
ESOP and Savings Plan
Hoosier Heartland State Bancorp
Employee Stock Ownership and Savings
Plan Trust, Crawfordsville, Indiana to
become a bank holding company by
acquiring Hoosier Heartland State Bancorp
and thereby indirectly acquiring Hoosier
Heartland State Bank, both of
Crawfordsville, Indiana.
Newspaper:
Not available
Federal Register:
Not available
TERRE HAUTE SAVINGS
MHC, INC.
* 3A3
Terre Haute Savings MHC, Inc., Terre
Haute, Indiana, to acquire First Savings
Bank, Danville, Illinois. As a result of the
acquisition, First Savings Bank will be
merged with and into The Hometown
Savings Bank, Terre Haute, Indiana, with
The Hometown Savings Bank surviving
the merger.
Newspaper:
Not available
Federal Register:
08/18/2022
WOODTRUST FINANCIAL
CORPORATION
CIC
Notice by the Bell Family Voting Trust,
Steven C. Bell as voting trustee, and Paula
J. Bell as voting trustee, all of Wisconsin
Rapids, Wisconsin; Elizabeth Bell Killian
as voting trustee, Spokane, Washington;
Rebecca L. Kettleson as voting trustee,
Wausau, Wisconsin; and Margaret S. Bell
as voting trustee, Chicago, Illinois, to
become members of the Bell Family
Control Group, and to acquire voting
shares of WoodTrust Financial Corporation
and thereby indirectly acquire voting
shares of WoodTrust Bank, both of
Wisconsin Rapids, Wisconsin.
Newspaper:
Not available
Federal Register:
08/02/2022
* Subject to the provisions of the Community Reinvestment Act
District: 7
Federal Reserve Bank of Chicago
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.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 8
Federal Reserve Bank of St. Louis
Filings received during the week ending July 16, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
CITIZENS BANK, THE
* Branch
The Citizens Bank, Batesville, Arkansas, to
establish a branch facility located at 2416
Malvern Avenue, Hot Springs, Arkansas.
Newspaper:
07/20/2022
Federal Register:
Not applicable
* Subject to the provisions of the Community Reinvestment Act
District: 8
Federal Reserve Bank of St. Louis
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.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 9
Federal Reserve Bank of Minneapolis
Filings received during the week ending July 16, 2022
Filer
Filing Type
NONE
* Subject to the provisions of the Community Reinvestment Act
Filing Proposal
End of Comment Period
District: 9
Federal Reserve Bank of Minneapolis
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.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 10
Federal Reserve Bank of Kansas City
Filings received during the week ending July 16, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
CEDAR BANCORP
CIC
J. Scott Schrempp, Hartington, Nebraska,
Christine Rossiter, Elkhorn, Nebraska,
Mary Rossiter, Macon, Georgia, to become
members of Rossiter Family Control
Group, a group acting in concert, to retain
voting shares of Cedar Bancorp, and
thereby indirectly retain voting shares of
Bank of Hartington, both of Hartington,
Nebraska.
Newspaper:
Not available
Federal Register:
Not available
GATEWAY FIRST BANCORP, 4c8
INC.
Gateway First Bancorp, Inc., through its
wholly-owned subsidiary, Gateway Servco
LLC, to acquire certain mortgage servicing
assets from its subsidiary bank, Gateway
First Bank, all of Jenks, Oklahoma, and
thereby engage, de novo, in the activity of
extending credit and servicing loans
pursuant to section 225.28 of Regulation Y.
Newspaper:
Not applicable
Federal Register:
Not applicable
MIDLAND FINANCIAL CO.
Scott Smith, New York, New York, as
trustee and co-trustee, to acquire the G.
Jeffrey Records Jr. 2008 GST Exempt
Family Trust, the G. Jeffrey Records, Jr.
2003 Family Trust (GJR), the G. Jeffrey
Records, Jr. 2004 Family Trust (KRR), and
the G. Jeffrey Records, Jr. 2004 Family
Trust (MER), the George and Nancy
Records 1990 Irrevocable Trust, all of
Oklahoma City, Oklahoma, and thereby
acquire additional shares of Midland
Financial Co., parent of MidFirst Bank,
both of Oklahoma City, Oklahoma.
Newspaper:
07/10/2022
Federal Register:
07/14/2022
Todd Dobson, Oklahoma City, Oklahoma,
as trustee and co-trustee, to acquire the
Kathryn R. Ryan 2007 GST Exempt
Family Trust, the Ryan Family Security
Trust, the Martha E. Records 2009 GST
Exempt Family Trust, and the Martha
Records Family 1997 GST Exempt Trust,
all of Oklahoma City, Oklahoma, and
thereby acquire additional shares of
Midland Financial Co., parent of MidFirst
Bank, both of Oklahoma City, Oklahoma.
Newspaper:
07/10/2022
Federal Register:
07/14/2022
National Bank Holdings Corporation,
Greenwood Village, Colorado, to merge
with Bancshares of Jackson Hole, Inc.,
Jackson, Wyoming, and indirectly acquire
Bank of Jackson Hole, Jackson, Wyoming
(Wyoming Bank). Immediately thereafter,
NBH Bank, Greenwood Village, Colorado,
to purchase certain assets and assume
certain liabilities of the branches of
Wyoming Bank, and incident thereto
establish twelve branches.
Newspaper:
06/18/2022
Federal Register:
07/08/2022
MIDLAND FINANCIAL CO.
NATIONAL BANK
HOLDINGS CORPORATION
CIC
CIC
* 18C
* 3A3
* 3A5
* Branch
* Subject to the provisions of the Community Reinvestment Act
District: 10
Federal Reserve Bank of Kansas City
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.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
Exam Method
530655
PEOPLES BK, PRATT, KANSAS
04/25/2022
07/11/2022
S
Int Small Bank
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
District: 11
Federal Reserve Bank of Dallas
Filings received during the week ending July 16, 2022
Filer
Filing Type
BANK AND TRUST, SSB, THE * Branch
BMC BANCSHARES, INC.
COMERICA BANK
COMERICA BANK
4c8
PWI
PWI
GLOBAL ONE
BANCSHARES, INC.
* 3A1
JEFFERSON BANCSHARES,
INC.
CIC
* Subject to the provisions of the Community Reinvestment Act
Filing Proposal
End of Comment Period
The Bank & Trust, SSB of Del Rio, Texas
to establish a branch at 520 Thompson
Drive, Kerrville, Texas 78028
Newspaper:
07/29/2022
Federal Register:
Not applicable
BMC Bancshares, Inc., Dallas, Texas,
engaged de novo in listed activities
permitted by 12 C.F.R. 225.28(b)(3) of
Regulation Y, namely leasing of personal
property to third parties, through its wholly
owned subsidiary Silver Diamond, LLC.
Newspaper:
Not applicable
Federal Register:
Not available
Comerica Bank, Dallas, Texas, seeks prior
approval to make a Community
Development and Public Welfare
Investment in Metro Community
Development, Inc., Flint, Michigan,
pursuant to section 208.22 of Regulation
H.
Newspaper:
Not applicable
Federal Register:
Not applicable
Comerica Bank, Dallas, Texas, seeks prior
approval to make a Community
Development and Public Welfare
Investment into Florida Community Loan
Fund, Inc. ("FCLF")
Newspaper:
Not applicable
Federal Register:
Not applicable
Global One Bancshares, Inc., Carrollton,
Texas to become a bank holding company
through the acquisition of Chappell Hill
Bank, Chappell Hill, Texas
Newspaper:
Not available
Federal Register:
08/11/2022
Katherine A. Satel 2021 Family Trust One,
Katherine A. Satel 2021 Family Trust Two,
Emily G. Satel 2021 Family Trust One,
Emily G. Satel 2021 Family Trust Two,
Caroline M. Satel 2021 Family Trust One,
Caroline M. Satel 2021 Family Trust Two,
and 14 trusts fbo minor children, and
Jefferson Bank, as Trustee for all of the
forementioned trusts, all of San Antonio,
Texas, intend to apply to the Federal
Reserve Board for permission to join, and
act in concert with, the McSween Family
Control Group, which was previously
approved on June 11, 2021 under the
Change in Bank Control Act to retain
control of 25 percent or more of the
outstanding shares of voting common stock
of and thereby control Jefferson
Bancshares, Inc., San Antonio, Texas,
which controls Jefferson Bank, San
Antonio, Texas.
Newspaper:
07/04/2022
Federal Register:
07/29/2022
District: 11
Federal Reserve Bank of Dallas
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.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 12
Federal Reserve Bank of San Francisco
Filings received during the week ending July 16, 2022
Filer
Filing Type
WESTERN ALLIANCE BANK * Branch
* Subject to the provisions of the Community Reinvestment Act
Filing Proposal
End of Comment Period
Western Alliance Bank, Phoenix, Arizona,
proposes to establish a new branch office at
450 B Street, Suites 125 and 150, San
Diego, California.
Newspaper:
Not available
Federal Register:
Not applicable
District: 12
Federal Reserve Bank of San Francisco
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.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
@FedFRASER