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 June 3, 2006

Filer Filing Type Filing Proposal End of Comment Period
First Community Financial Partners, Inc. 4c8
* 3A1
First Community Financial Partners, Inc., Joliet, Illinois, to become a bank holding company by acquiring 100 percent of the voting shares of First Community Bank of Joliet, Joliet, Illinois, and to engage de novo in lending activities.
Newspaper: Not available
Federal Register: Not available
LEIGHTON INVESTMENT COMPANY CIC Notice by Richard N. Glendening of Pella, Iowa, individually and as trustee of the Richard Glendening Trust and the Linda Glendening Subchapter S Trust to retain control of 35.34 percent and acting in concert with the Glendening Family (Richard & Mary Glending, Pella, Iowa; Linda Glendening, Pella, IA; Kara & Nathan Busker, Oakland, NJ; Eric & Sanae Glendening, Terre Hante, IN; Erin Glendening, Pittsburgh, PA; Brent & Mary Jaco, Galveston, TX) to retain control of 39.53 percent of Leighton Investment Company, Pella, Iowa.
Newspaper: Not available
Federal Register: 06/13/2006
M&I MARSHALL & ILSLEY BANK * 18C M&I Marshall & Ilsley Bank, Milwaukee, Wisconsin, to acquire the three Florida branches of M&I Bank, FSB, Las Vegas, Nevada.
Newspaper: Not available
Federal Register: Not applicable
NORTHPOINTE BANCSHARES, INC. CIC Notice by Harvey N. Gainey, Sr., Grand Rapids, Michigan, to acquire control, through the acquisition of additional shares, of 20.94 percent of Northpointe Bancshares, Inc., Grand Rapids, Michigan, and thereby indirectly acquire Northpointe Bank, Grand Rapids, Michigan.
Newspaper: Not available
Federal Register: 06/15/2006
RAC, INC. WISCOSIN * 3A1 RAC Inc. Wisconsin, Kohler, Wisconsin, to become a bank holding company through the acquisition of 100 percent of the outstanding shares of Ridgestone Financial Services, Inc., Brookfield, Wisconsin, and thereby indirectly acquire Ridgestone Bank, Brookfield, Wisconsin.
Newspaper: 06/08/2006
Federal Register: 06/12/2006
WAUWATOSA HOLDINGS, INC. 4c8 Wauwatosa Holdings, Inc., Wauwatosa, Wisconsin, and Lamplighter Financial, MHC, Wauwatosa, Wisconsin, to continue to engage in extending credit and servicing loans.
Newspaper: Not applicable
Federal Register: 06/21/2006


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
FAIRMOUNT ST BK, FAIRMOUNT, INDIANA 503547 02/06/2006 05/24/2006 S Small Bank
LA SALLE ST BK, LA SALLE, ILLINOIS 956134 02/06/2006 05/15/2006 S Small Bank
VILLA GROVE ST BK, VILLA GROVE, ILLINOIS 474245 02/21/2006 05/29/2006 S Small Bank


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