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 21, 2015

Filer Filing Type Filing Proposal End of Comment Period
ANDERSON BANCORP, INC. CIC Notice by AB Anderson Family Trust, Oneida, Illinois, and John W. Anderson, Galesburg, Illinois, individually and as trustee of the AB Anderson Family Trust, together as a group acting in concert with Ann Mustard, Dulles, Virginia, and B. Susan Hill, Galesburg, Illinois, to retain 25 percent or more of the shares and thereby control Anderson Bancorp, Inc., Oneida, Illinois and indirectly control Anderson State Bank, Oneida, Illinois.
Newspaper: 11/30/2015
Federal Register: 11/27/2015
BRIDGEVIEW BANCORP, INC. CIC Thomas P. Haleas, Clarendon Hills, Illinois, Peter J. Haleas, Evanston, Illinois, Peter E. Haleas Sarasota, Florida, and Sophia M. Haleas, Clarendon Hills, Illinois, as a group acting in concert to retain 25 percent or more of the shares of Bridgeview Bancorp, Inc., Bridgeview, Illinois and thereby indirectly control Bridgeview Bank Group, Bridgeview, Illinois.
Newspaper: Not available
Federal Register: 12/09/2015
CHEMICAL BANK * Branch Chemical Bank, Midland, Michigan applied to the Federal Reserve Board for permission to establish a mobile branch (courier service) that will serve business customers in the following counties: Alcona, Allegan, Alpena, Antrim, Arenac, Bay, Barry, Benzie, Berrien, Branch, Calhoun, Cass, Cheboygan, Charlevoix, Clare, Crawford, Emmet, Gladwin, Grand Traverse, Gratiot, Hillsdale, Huron, Ionia, Iosco, Isabella, Kalamazoo, Kalkaska, Kent, Lake, Leelanau, Manistee, Mason, Mecosta, Midland, Missaukee, Montcalm, Montmorency, Newaygo, Ogemaw, Osceola, Oscoda, Otsego, Ottawa, Presque Isle, Roscommon, Saginaw, Sanilac, Tuscola, Van Buren, and Wexford.
Newspaper: Not available
Federal Register: Not applicable
COMMUNITY FINANCIAL CORP. * 3A3 Community Financial Corp., Edgewood, Iowa, to acquire 100 percent of Linn County State Bank, Coggon, Iowa.
Newspaper: Not available
Federal Register: 11/27/2015
FAYETTE BANCORPORATION CIC Notice by the 2012 Clair J. Lensing Irrevocable Trust, Susan J. Elizondo GST-Exempt Under the Trust, James F. Lensing GST-Exempt Under the Trust, and Clair J. Lensing Jr. GST-Exempt Under the Trust, with Hills Bank & Trust Co., Hills, Iowa, serving as trustee with beneficiaries being Susan Elizondo, Bettendorf, Iowa, James F. Lensing, Mason City, Iowa, and Clair J. Lensing Jr., Oelwein, Iowa, to join the Lensing Family Control Group and retain control of Fayette Bancorporation, Marion, Iowa.
Newspaper: 11/25/2015
Federal Register: 11/23/2015
FIRST MIDWEST BANK * Branch First Midwest Bank, Itasca, IL, to establish a branch office located at 120 N. North Washington Street, Naperville, Illinois.
Newspaper: 11/27/2015
Federal Register: Not applicable
GARRETT STATE BANK, THE * Branch Garrett State Bank, Garrett, Indiana to establish a branch located at 502 S. Gonser St. Ashley, Indiana.
Newspaper: 11/26/2015
Federal Register: Not applicable
GNB BANK * 18C
* Branch
GNB Bank, Grundy Center, Iowa, to merge with its sister bank, Ackley State Bank, Ackley, Iowa. As a result of the merger, all locations of Ackley State Bank will become branches of GNB Bank.
Newspaper: Not available
Federal Register: Not applicable
TOWN AND COUNTRY FINANCIAL CORPORATION * 3A5
* 18C
* Branch
Town and Country Financial Corporation, Springfield, Illinois, to merge with West Plains Investors, Inc., and thereby indirectly acquire Premier Bank of Jacksonville, both of Jacksonville, Illinois and an application by Town and Country Bank, Springfield, Illinois, to merge with Premier Bank of Jacksonville and operate all offices of Premier Bank of Jacksonville as branches.
Newspaper: Not available
Federal Register: 11/30/2015


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
CITIZENS FIRST ST BK OF WALNUT, WALNUT, ILLINOIS 476342 10/19/2015 12/22/2015 S Small Bank
CLEAR LAKE B&TC, CLEAR LAKE, IOWA 865544 08/24/2015 11/27/2015 S Int Sm Bank
FARMERS ST BK OF WAUPACA, WAUPACA, WISCONSIN 879747 02/23/2015 12/22/2015 S Small Bank


CRA Examinations scheduled for First Quarter of 2016 (January 1, 2016 - March 31, 2016)

Institution Location
1ST SOURCE BK SOUTH BEND, INDIANA
BANK OF GENEVA GENEVA, INDIANA
C US BK CRESCO, IOWA
FARMERS AND MECHANICS BK GALESBURG, ILLINOIS
LAKE FOREST B&TC LAKE FOREST, ILLINOIS
MAIN ST BK BINGHAM FARMS, MICHIGAN
PORT BYRON ST BK PORT BYRON, ILLINOIS
SALIN B&TC INDIANAPOLIS, INDIANA
STATE BK ARTHUR ARTHUR, 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