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 January 2, 2010

Filer Filing Type Filing Proposal End of Comment Period
BELMONT FINANCIAL GROUP, INC. CIC Notice by James J. Banks, Chicago, Illinois, to retain 10 percent or more, and to acquire additional shares of Belmont Financial Group, Inc., Chicago, Illinois, and thereby indirectly retain control of Belmont Bank & Trust Company, Chicago, Illinois.
Newspaper: Not available
Federal Register: Not available
CLARKSTON FINANCIAL CORPORATION CIC Notice by Mark A. Murvay, Lake Angelus, Michigan, to acquire more than 25 percent of the voting shares of Clarkston Financial Corporation, Waterford, Michigan, and thereby indirectly acquire control of Clarkston State Bank, Clarkston, Michigan.
Newspaper: Not available
Federal Register: 01/20/2010
CLARKSTON FINANCIAL CORPORATION CIC Notice by Hans J. Welker, White Lake, Michigan, to acquire more than 25 percent of the voting shares of Clarkston Financial Corporation, Waterford, Michigan, and thereby indirectly acquire control of Clarkston State Bank, Clarkston, Michigan.
Newspaper: Not available
Federal Register: 01/20/2010
FIRST BUSEY CORPORATION CIC Notice by the Elizabeth Meyer Kimmel 2009 Grantor Retained Annuity Trust 4, Champaign, Illinois, and Elizabeth Meyer Kimmel, LaJolla, California, individually and as a trustee of GRAT 4, to join existing Meyer/Kimmel Family Control Group through the acquisition of shares of First Busey Corporation, Champaign, Illinois, and the indirect acquisition of shares of Busey Bank, Champaign, Illinois.
Newspaper: 01/08/2010
Federal Register: 01/12/2010
NORTHERN TRUST INTERNATIONAL BANKING CORPORATION, THE Investment Reg K - The Northern Trust International Banking Corporation, Jersey City, New Jersey, to make an investment in The Northern Trust Guernsey Limited Partnership, St. Peter Port, Guernsey, a newly established limited partnership.
Newspaper: Not applicable
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