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 November 23, 2013

Filer Filing Type Filing Proposal End of Comment Period
CENTRAL BANK * 18C
* Branch
Central Bank, Storm Lake, Iowa, to purchase the assets and assume the liabilities of seven branch offices of Liberty Bank, FSB, West Des Moines, Iowa. In conjunction, Central Bank will establish 7 branch offices.
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 First Quarter of 2014 (January 1, 2014 - March 31, 2014)

Institution Location
BANK 1ST WEST UNION, IOWA
CAMP GROVE ST BK CAMP GROVE, ILLINOIS
COMMUNITY FIRST BK BOSCOBEL, WISCONSIN
CSB BK CAPAC, MICHIGAN
FAIRMOUNT ST BK FAIRMOUNT, INDIANA
FARMERS & MRCH BK BERLIN, WISCONSIN
FARMERS ST BK WESTERN IL ALPHA, ILLINOIS
FIRST AMER BK FORT DODGE, IOWA
FIRST B&T EVANSTON, ILLINOIS
FIRST NB OF HAMPTON HAMPTON, IOWA
FORT MADISON B&TC FORT MADISON, IOWA
IOWA ST B&TC FAIRFIELD, IOWA
MORTON CMNTY BK MORTON, ILLINOIS
PEOPLES' BK ARLINGTON HEIGHTS ARLINGTON HEIGHTS, ILLINOIS

* 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