Federal Reserve Release, H2, Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received

Release dates | Full version (300 KB PDF)
Actions by the Board | Actions under delegated authority
Applications and reports:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco

District: 7
Federal Reserve Bank of: Chicago

Filings received during the week ending July 14, 2007

Filer Filing Type Filing Proposal End of Comment Period
ABBY BANCORP, INC. * 3A1 Abby Bancorp, Inc., Abbotsford, Wisconsin, to become a bank holding company by acquiring 100 percent of the voting shares of Abbybank, Abbotsford, Wisconsin.
Newspaper: Not available
Federal Register: 08/06/2007
CAPITAL COMMERCE BANCORP, INC. CIC Notice by David A. Davis, Muskego, Wisconsin, to acquire up to 14 percent of the outstanding common stock of Capital Commerce Bancorp, Inc., Milwaukee, Wisconsin, and thereby indirectly acquire control of MW Bank, Milwaukee, Wisconsin.
Newspaper: Not available
Federal Register: Not available
COMMUNITY BANK, AUSTIN * 18C
* Branch
Community Bank, Austin, Austin, Minnesota, to purchase three offices from Associated Bank, National Association, Green Bay, Wisconsin, and thereby to establish three branches.
Newspaper: 07/16/2007
Federal Register: Not applicable
CORRIDOR STATE BANK * Branch Corridor State Bank, Coralville, Iowa, to establish a branch facility to be located at 202 North Linn Street, Iowa City, Iowa.
Newspaper: 06/14/2007
Federal Register: Not applicable
FENTURA FINANCIAL, INC. * 3A3 Fentura Financial, Inc., Fenton, Michigan, to acquire 24.9 percent of the voting shares of Premier Commercial Bank Arizona, National Association, Mesa, Arizona.
Newspaper: 07/31/2007
Federal Register: 07/31/2007
FIRST BANK & TRUST * Branch First Bank & Trust, Evanston, Illinois, to establish a temporary branch facility to be located at 714 Main Street, Evanston, Illinois, and subsequently will move the branch to a permanent location at 524 Main Street, Evanston, Illinois.
Newspaper: 07/23/2007
Federal Register: Not applicable
FIRST MICHIGAN BANCORP, INC. * 3A1 First Michigan Bancorp, Inc., Troy, Michigan, to become a bank holding company by acquiring 100 percent of the voting shares of First Michigan Bank (in organization), Troy, Michigan.
Newspaper: 07/25/2007
Federal Register: 07/25/2007
GRUNDY BANK * Branch Grundy Bank, Morris, Illinois, for prior approval to establish a branch facility to be located at 2650 East Division Street, Diamond, Illinois.
Newspaper: 07/20/2007
Federal Register: Not applicable
INDEPENDENT BANK Member
* 18C
* Branch
Independent Bank, Bay City, Michigan, to merge with Independent Bank East Michigan, Troy, Michigan, Independent Bank South Michigan, East Lansing, Michigan, and Independent Bank West Michigan, Grand Rapids, Michigan, and thereby to establish 92 branches, and the related application by Independent Bank, Bay City, Michigan, to become a member of the Federal Reserve System.
Newspaper: Not available
Federal Register: Not applicable
INLAND BANCORP HOLDING COMPANY * 3A1
* 3A3
Inland Bancorp Holding Company, Oak Brook, Illinois, to indirectly acquire 100 percent of the voting shares of Amerimark Financial Corporation, Countryside, Illinois, and thereby indirectly acquire Amerimark Bank, Villa Park, Illinois, and by Inland Financial Acquisitions, Inc., Oak Brook, Illinois, to become a bank holding company by directly acquiring 100 percent of the voting shares of Amerimark Financial Corporation, Countryside, Illinois, and thereby indirectly acquire Amerimark Bank, Villa Park, Illinois.
Newspaper: 07/09/2007
Federal Register: 07/13/2007
NCB HOLDINGS, INC. 4c8 NCB Holdings, Inc., Chicago, Illinois, for prior approval to engage, through its wholly-owned subsidiary Kingsbury Capital, L.L.C., Chicago, Illinois, in securities brokerage activities pursuant to section 225.28(b)(7)(i) of Regulation Y.
Newspaper: Not applicable
Federal Register: 08/02/2007
PRIVATEBANCORP, INC. * 4c8 PrivateBancorp, Inc., Chicago, Illinois, to acquire at least 81 percent of The PrivateBank, Kansas City, Missouri (in organization), and thereby operate a federal savings bank.
Newspaper: Not available
Federal Register: 08/10/2007


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
NONE


CRA Examinations scheduled for     Quarter of

Institution Location
NONE

Release dates | Full version (300 KB PDF)
Actions by the Board | Actions under delegated authority
Applications and reports:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco