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 7, 2013

Filer Filing Type Filing Proposal End of Comment Period
FIDELITY COMPANY CIC James R. Kennedy, Jr, Dubuque, Iowa, as trustee of the Kennedy Control Trust, Dubuque, Iowa, to acquire control and for the Kennedy Control Trust to join the Kennedy Family Group consisting of: Sarah A. Roby, Cumming, Iowa; Catherine E. Roby, Cumming, Iowa; Susan M. Kennedy, West Des Moines, Iowa; Jessica L. Kennedy, West, Des Moines, Iowa; Joseph J. Kennedy, Robins, Iowa; Ellen M. Kennedy, Robins, Iowa; Sean J. Kennedy, Robins, Iowa; Thomas J. Kennedy, Robins, Iowa; Daniel J. Kennedy, Marion, Iowa; Erica R. Kennedy, Dyersville, Iowa; and Adam H. Kennedy, Dyersville, Iowa, to retain control of more than 25 percent of the outstanding voting stock of Fidelity Company, Dubuque, Iowa, and thereby to indirectly control Fidelity Bank & Trust, Dubuque, Iowa, and Community State Bank, Tipton, Iowa.
Newspaper: Not available
Federal Register: Not available
FIRST NATIONAL BANK OF LOGAN, THE Member The First National Bank of Logan (to be known as Logan State Bank), Logan, Iowa, for membership in the Federal Reserve System.
Newspaper: Not applicable
Federal Register: Not applicable
LAKE FOREST BANK & TRUST COMPANY * 18C
* Branch
Lake Forest Bank & Trust Company, Lake Forest, Illinois, to purchase the assets and assume the liabilities of a branch, and will continue to operate a branch, located at 4 East Scranton Avenue, Lake Bluff, Illinois; from Baytree National Bank & Trust Company, Lake Forest, Illinois.
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

* 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