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 October 10, 2009

Filer Filing Type Filing Proposal End of Comment Period
FIRST FARMERS BANK & TRUST * 18C
* Branch
First Farmers Bank & Trust, Converse, Indiana, to merge with Central Bank, Russiaville, Indiana, and thereby to establish two branches to be located at 160 W. Main Street, Russiaville, Indiana and 501 West Lincoln Road, Kokomo, Indiana.
Newspaper: 10/07/2009
Federal Register: Not applicable
IOWA CREDIT UNION LEAGUE * 3A1 Iowa Credit Union League, Clive, Iowa, to become a bank holding company by acquiring 100 percent Affiliates Management Company, Clive, Iowa and by Affiliates Management Company, Clive, Iowa, to become a bank holding company by acquiring 100 percent of CrediCard National Bank, Tucson, Arizona.
Newspaper: 10/25/2009
Federal Register: 10/26/2009
IOWA CREDIT UNION LEAGUE 4c8 Iowa Credit Union League and Affiliates Management Company, both of Clive, Iowa, to each directly or indirectly acquire the following nonbank companies: The Members Group, Inc.; Community Business Lenders, L.L.C.; TMG Financial Services, Inc.; Coopera Consulting, L.L.C., and Policyworks, L.L.C., all of Clive, Iowa, to engage in the activities of data processing, activities related to extending credit and servicing loans, real estate leasing, financial and investment advisory activities, management consulting, and community development advisory activities.
Newspaper: Not applicable
Federal Register: 10/29/2009
LEVEL ONE BANCORP, INC. CIC Notice by TRSD Holdings, LP, Warren, Michigan, and its general partner, the Thomas Fabbri Revocable Trust, Thomas Fabbri, as trustee, Sterling Heights, Michigan, to acquire more than 10 percent of the voting shares of Level One Bancorp, Inc., Farmington Hills, Michigan, and thereby indirectly acquire control of Level One Bank, Farmington Hills, Michigan.
Newspaper: Not available
Federal Register: 10/09/2009
NEIGHBOR INSURANCE AGENCY, INC. CIC Notice filed individually by Douglas N. Neighbor, Kent M. Neighbor, and Gene R. Neighbor to each own 16.122 percent and by the Neighbor Family - Doug and Marva Neighbor, Marion, Iowa; Gene and Betty Jean Neighbor, Alburnett, Iowa, and Kent and Irene Neighbor, Winthrop, Iowa, and their children (Sandra K. Waring, Walker, Iowa; Steven K. Neighbor, Center Point, Iowa; Scott M. Neighbor, Center Point, Iowa; Mark A. Neighbor, Center Point, Iowa; Eldon L. Neighbor, Central City, Iowa; Konnie I. Borrett, Marion, Iowa; Stephanie R. Neighbor, Cedar Rapids, Iowa; Brent B. Neighbor, Tijeras, New Mexico; Brad D. Neighbor, Espanola, New Mexico; Todd D. Neighbor, Marion, Iowa; Jason M. Neighbor,Alburnett, Iowa; and Michael G. Neighbor, Bettendorf, Iowa) as a group acting in concert, for approval to retain control of 100 percent of Neighbor Insurance Agency, Marion, Iowa, and thereby indirectly control Farmers State Bank, Marion, Iowa.
Newspaper: Not available
Federal Register: 09/30/2009
TREYNOR BANCSHARES, INC. CIC Notice by Heidi Guttau-Fox, Minden, Iowa, and Joshua Guttau, Treynor,Iowa, as Trustee of the Heidi Guttau-Fox and Joshua Guttau Irrevocable Living Trust, to retain control of Treynor Bancshares, Inc., Treynor, Iowa, and thereby indiectly control Treynor State Bank, Treynor, Iowa.
Newspaper: Not available
Federal Register: Not available


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
HINSDALE B&TC, HINSDALE, ILLINOIS 2119773 06/01/2009 10/05/2009 S Large Bank


CRA Examinations scheduled for     Quarter of

Institution Location
NONE

* Subject to the provisions of the Community Reinvestment Act

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