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 December 1, 2007

Filer Filing Type Filing Proposal End of Comment Period
1ST SOURCE BANK * 18C
* Branch
1st Source Bank, South Bend, Indiana, to merge with First National Bank of Valparaiso, Valparaiso, Indiana, and thereby to establish 17 branches.
Newspaper: Not available
Federal Register: Not applicable
BLACK RIVER BANCVENTURE, INC. * 3A1 Black River BancVenture, Inc., Memphis, Tennessee, to become a bank holding company by acquiring 49.9 percent of the voting shares of Michigan Community Bancorp, Ltd., Sterling Heights, Michigan, and thereby indirectly acquire Lakeside Community Bank, Sterling Heights, Michigan.
Newspaper: 12/20/2007
Federal Register: Not available
BLACK RIVER BANCVENTURE, INC. * 3A1 Black River BancVenture, Inc., Memphis, Tennessee, to become a bank holding company by acquiring 49.9 percent of the voting shares of Community Shores Bank Corp., Muskegon, Michigan, and thereby indirectly acquire Community Shores Bank, Muskegon, Michigan.
Newspaper: 12/19/2007
Federal Register: Not available
BLACK RIVER BANCVENTURE, INC. * 3A1 Black River BancVenture, Inc., Memphis, Tennessee, to become a bank holding company by acquiring 49.9 percent of the voting shares of Allegiance Bank of North America, Inc., Bala Cynwyd, Pennsylvania.
Newspaper: 12/26/2007
Federal Register: Not available
BRIDGEVIEW BANCORP, INC. 4c8 Bridgeview Bancorp, Inc., Bridgeview, Illinois, to retain the nonbanking activity of extending credit and servicing loans.
Newspaper: Not applicable
Federal Register: 12/17/2007
CAPITOL BANCORP LTD. * 4c8 Capitol Bancorp, Ltd., Lansing, Michigan and Capitol Development Bancorp Limited V, Lansing, Michigan, to acquire 51 percent of the voting shares of Adams Dairy Bank (in organization), Blue Springs, Missouri, and thereby operate a savings association.
Newspaper: 11/24/2007
Federal Register: 11/26/2007
M&I MARSHALL & ILSLEY BANK * 18C
* Branch
M&I Marshall & Ilsley Bank, Milwaukee, Wisconsin, to merge with First Indiana Bank, National Association, Indianapolis, Indiana, and thereby to establish 32 branches.
Newspaper: Not available
Federal Register: Not applicable


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