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 September 2, 2006

Filer Filing Type Filing Proposal End of Comment Period
CHOICEONE BANK * 18C
* Branch
ChoiceOne Bank, Sparta, Michigan, to merge with Valley Ridge Bank, Kent City, Michigan, and thereby to establish 9 branches.
Newspaper: Not available
Federal Register: Not applicable
CHOICEONE FINANCIAL SERVICES, INC. * 3A5 ChoiceOne Financial Services, Inc., Sparta, Michigan, to merge with Valley Ridge Financial Corp., Kent City, Michigan, and thereby indirectly acquire Valley Ridge Bank, Kent City, Michigan.
Newspaper: Not available
Federal Register: Not available
COMERICA BANK * Branch Comerica Bank, Detroit, Michigan, to establish a branch facility to be located at Woodlands Crossing Shopping Center, Woodlands Parkway near Kuykendahl Road, Spring, Montgomery County, Texas.
Newspaper: 08/31/2006
Federal Register: Not applicable
COMERICA BANK * Branch Comerica Bank, Detroit, Michigan, to establish two branches to be located at 2432 E. Katella, Building A, Anaheim, California, and 401 Grand Ave., South San Francisco, California.
Newspaper: Not available
Federal Register: Not applicable
FREEDOM HOLDINGS COMPANY CIC Notice by the Hill Family (David Hill, Ellsworth, IA; Heather Miller, Urbandale, IA; and Heidi Loverude, Urbandale, IA), as a group acting in concert, to retain control of 100 percent of Freedom Holdings Company, West Des Moines, Iowa.
Newspaper: 09/08/2006
Federal Register: 09/08/2006
HINSDALE BANK & TRUST COMPANY * 18C
* Branch
Hinsdale Bank & Trust Company, Hinsdale, Illinois, to purchase the assets and assume the liabilities of four branches of Hinsbrook Bank & Trust, Willowbrook, Illinois, and thereby to establish 4 branches.
Newspaper: Not available
Federal Register: Not applicable
LINCOLN BANCORP 4c8
* 3A1
Lincoln Bancorp, Plainfield, Indiana, to become a bank holding company upon the conversion of Lincoln Bank, Plainfield, Indiana, from a federal savings bank to a state chartered commercial bank, and to engage de novo in lending activities.
Newspaper: 09/14/2006
Federal Register: 09/21/2006
OGDEN BANCSHARES, INC. Member
* 18C
* 3A3
Ogden Bancshares, Inc., Ames, Iowa, to acquire 100 percent of VisionBank (in organization), West Des Moines, Iowa; VisionBank (in organization), West Des Moines, Iowa, to become a member of the Federal Reserve System; and VisionBank (in organization), West Des Moines, Iowa, to purchase the assets and assume the liabilities of the Grimes, Iowa and the West Des Moines, Iowa branches of Community Bank of Boone, Boone, Iowa.
Newspaper: 09/08/2006
Federal Register: 09/05/2006
SHOREBANK CORPORATION, THE * 3A3 The ShoreBank Corporation, Chicago, Illinois, to acquire 100 percent of the voting shares of Greater Chicago Bank, Bellwood, Illinois.
Newspaper: 09/11/2006
Federal Register: 09/14/2006
TOWN BANK * Branch Town Bank, Delafield, Wisconsin, to establish a branch facility to be located at 13150 Watertown Plank Road, Elm Grove, Wisconsin.
Newspaper: 09/07/2006
Federal Register: Not applicable
WHEATON BANK & TRUST * 18C Wheaton Bank & Trust, Wheaton, Illinois, to purchase the assets and assume the liabilities of two branches of Hinsbrook Bank & Trust, Willowbrook, 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

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