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 July 7, 2018

Filer Filing Type Filing Proposal End of Comment Period
1ST SOURCE BANK * Branch 1st Source Bank, South Bend, Indiana to establish a branch at 1700 Mishawaka Ave, South Bend, Indiana.
Newspaper: 07/11/2018
Federal Register: Not applicable
AMERICAN HEARTLAND BANCSHARES, INC. * 3A3 American Heartland Bancshares, Inc., Sugar Grove, Illinois to acquire 100 percent of Community Holdings Corporation and thereby indirectly acquire First Secure Bank and Trust Company, both of Palos Hills, Illinois.
Newspaper: Not available
Federal Register: 07/30/2018
FIRST MIDWEST BANCORP, INC. * 18C
* Branch
* 3A3
First Midwest Bancorp, Inc., Chicago, Illinois to acquire 100 percent of Northern States Financial Corporation and thereby indirectly acquire NorStates Bank, both of Waukegan, Illinois. Concurrently, First Midwest Bancorp, Inc.'s subsidiary bank, First Midwest Bank, Chicago, Illinois to merge with NorStates Bank, Waukegan, Illinois and to thereby establish branches located at 601 N. Green Bay Road, Waukegan, Illinois; 212 W. Madison Street, Waukegan, Illinois; 700 N. Sheridan Road, Winthrop Harbor, Illinois; 1777 N. Cedar Lake Road, Round Lake Beach, Illinois; and consolidate branches located at 1601 N. Lewis Avenue, Waukegan, Illinois; 5384 Grand Avenue, Gurnee, Illinois; 40220 N. Route 59, Antioch, Illinois; and 301 Goodnow Boulevard, Round Lake, Illinois.
Newspaper: Not available
Federal Register: Not available
MIDWEST BANK * 18C
* Branch
Midwest Bank, Monmouth, Illinois to merge with Andulusia Community Bank, Andalusia, Illinois and to thereby establish branches located at 601 8th Street East, Andalusia, Illinois and 3907 16th Street, Moline, Illinois,
Newspaper: Not available
Federal Register: Not applicable
NBE BANCSHARES, INC. CIC John D. Anderson, Malvern, Pennsylvania, Mark E. Anderson, Bolingbrook, Illinois, and Thomas M. Anderson III, Leeds, Alabama, together as a group acting in concert, to retain 10 percent or more of the voting shares of NBE Bancshares, Inc., and thereby indirectly retain shares of Pioneer State Bank, both of Earlville, Illinois, pursuant to the Change in Bank Control Act of 1978.
Newspaper: 07/21/2018
Federal Register: 07/25/2018


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
CONNECTION BK, FORT MADISON, IOWA 624246 02/05/2018 06/26/2018 S Small Bank


CRA Examinations scheduled for     Quarter of

Institution Location Quarter
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