Federal Reserve Release, H2, Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received

District: 7
Federal Reserve Bank of: Chicago

Filings received during the week ending December 3, 2011

Filer

Filing Type

Filing Proposal

End of Comment Period

BURLING BANCORP, INC.

* 3A1

Burling Bancorp, Inc., Chicago, Illinois, to become a bank holding company by acquiring 100 percent of the voting shares of Burling Bank, Chicago, Illinois.

Newspaper:	Not available
Federal Register:	Not available

EXCHANGE FINANCIAL, INC.

CIC

Notice by the Carl E. Stukenholtz, Perry, Iowa, individually for approval to control more than 60 percent, and acting in concert with James E. Wendl, Trustee of the James Wendl Revocable Trust, Panora, Iowa; Carol A. Wendl, Trustee of the Carol Wendl Revocable Trust, Panora, Iowa; Brian L. Thielges, Des Moines, Iowa; and Mary R. Thielges, Des Moines, Iowa, for approval to control more than 90 percent of the shares of Exchange Financial, Inc., Adair, Iowa, and thereby indirectly control Exchange State Bank, Adair, Iowa.

Newspaper:	Not available
Federal Register:	Not available

GRUNDY NATIONAL BANK OF GRUNDY CENTER

Member

The Grundy National Bank of Grundy Center, Grundy Center, Iowa(t/b/k as GNB Bank), to become an Iowa state chartered member of the Federal Reserve System following its conversion from a national bank to a state bank.

Newspaper:	Not applicable
Federal Register:	Not applicable

ISB Bancorp, Inc.

* 3A1

Notice from ISB Bancorp, Inc., Tonica, Illinois, to become a bank holding company through the acquisition of Tonica Bancorp, Inc., Tonica, Illinois and control of Illini State Bank, Oglesby, Illinois.

Newspaper:	12/23/2011
Federal Register:	12/30/2011

ROCK RIVERS BANCORP

CIC

Notice by the Schneidermann Family (George K. Schneidermann, Doris K. Schneidermann, Scott A. Schneidermann, Craig A. Schneidermann and Amy L. Schulte, all of Rock Rapids, Iowa), as a group acting in concert and George K. Schneidermann, individually, for approval to increase control to more than 25 percent of the shares of Rock Rivers Bancorp, Rock Rapids, Iowa, and thereby indirectly control Frontier Bank, Rock Rapids, 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
NONE

CRA Examinations scheduled for Quarter of

Institution	Location
NONE

* Subject to the provisions of the Community Reinvestment Act

District: 7 Federal Reserve Bank of: Chicago

Filings received during the week ending December 3, 2011

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 7
Federal Reserve Bank of: Chicago