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 May 2, 2015

Filer

Filing Type

Filing Proposal

End of Comment Period

AMBANK COMPANY, INC.

* 3A3

Ambank Company, Inc., Sioux Center, Iowa proposes to acquire 100 percent of Alton Bancorporation, Alton, Iowa, and thereby indirectly acquire Community Bank, Alton, Iowa.

Newspaper:	Not available
Federal Register:	05/29/2015

OXFORD BANK CORPORATION

CIC

Robert A. Clemente, and Trustee, who is proposed to acquire more than 30 percent of the stock of Oxford Bank Corporation, Oxford, Michigan, and thereby indirectly acquire control of Oxford Bank, Oxford, Michigan.

Newspaper:	Not available
Federal Register:	Not available

STEPHENSON NATIONAL BANCORP, INC.

CIC

William Staudenmaier, individually and as co-trustee of the L. William Staudenmaier and Kathleen M. Staudenmaier Living Trust, together with Kathleen M. Staudenmaier, as co-trustee of the L. William Staudenmaier and Kathleen M. Staudenmaier Living Trust, all of Wauwatosa, Wisconsin; Ann Marie Staudenmaier, Tomas Perez, Amalia Mercedez Perez, all of Takoma Park, Maryland; L. William Staudenmaier III and Heidi L. McNeil, as trustees of the L. WM Staudenmaier III and Heidi L. McNeil Revocable Trust, L. William Staudenmaier, Kathleen Louise McNeil Staudenmaier, all of Phoenix, Arizona; Michael Staudenmaier and Anne Carlson, both of Chicago, Illinois; Peter Staudenmaier, Milwaukee, Wisconsin; Suzanne Staudenmaier and Kelly McGee, both of Minneapolis, Minnesota; Therese Louise Staudenmaier, Daniel McCarthy, and Gabriel Liam McCarthy, all of Baltimore, Maryland; James T. Breeden Jr. and Gloria Lee, both of Oakland, California; Teresa Breedan Whatley, James T. Breeden, Margaret A. Breeden, all of Carson City, Nevada; Stephenson National Bank & Trust, as trustee of the Mary L. Staudenmaier Revocable Trust and certain minor Staudenmaier children, as a group acting in concert, to be added to the Staudenmaier Control Group, and thereby retain control of 39.32 percent of Stephenson National Bancorp, Inc., and thereby indirectly retain control of Stephenson National Bank and Trust, both of Marinette, Wisconsin, pursuant to the Change in Bank Control Act.

Newspaper:	Not available
Federal Register:	Not available

WEST MICHIGAN BANK & TRUST

CIC

Phyllis L. Foster, of Frankfort, Michigan, individually and as trustee of the Phyllis L. Foster Trust, dated January 18, 1990, of Frankfort, Michigan; the James R. Foster Trust, dated February 11, 1995 and the Lorreva S. Foster Trust, dated February 11, 1995, each of Pahrump, Nevada; and the Phyllis and Robert C. Foster 1989 Descendant Trusts f/b/o each of Robert C. Foster, Jr., Brian C. Foster and Suzanne P. Foster, each of Chicago, Illinois, as a group acting in concert, have applied to the Federal Reserve Board for permission to retain 25 percent or more of the shares and acquire additional shares and thereby control of West Michigan Bank and Trust, Frankfort, Michigan.

Newspaper:	Not available
Federal Register:	Not available

WINTRUST BANK

* 18C
* Branch
* 3A3

Wintrust Bank, Chicago, Illinois, to merge with North Bank, Chicago, Illinois, and the establishment of a branch at 360 E Ohio Street and 431 North Clark Street, both in Chicago, Illinois. Wintrust Financial Corporation, Rosemont, Illinois, to indirectly acquire 100 percent of North Bank, Chicago, Illinois, before it is merged with and into Wintrust Bank, Chicago, Illinois.

Newspaper:	05/08/2015
Federal Register:	05/15/2015

WINTRUST FINANCIAL CORPORATION

* 3A5

Wintrust Financial Corporation, Rosemont, Illinois, to acquire via merger 100 percent of Suburban Illinois Bancorp, Inc., Elmhurst, Illinois, and thereby indirectly control Suburban Bank & Trust Company, Elmhurst, Illinois.

Newspaper:	Not available
Federal Register:	05/22/2015

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
CHOICEONE BK, SPARTA, MICHIGAN	324340	12/03/2012	04/14/2015	S	Large Bank
FREEDOM FNCL BK, WEST DES MOINES, IOWA	2735137	01/12/2015	04/27/2015	S	Small Bank

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 May 2, 2015

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 7
Federal Reserve Bank of: Chicago