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 March 26, 2022

Filer Filing Type Filing Proposal End of Comment Period
ARBOR BANCORP, INC. CIC The MCM BAA Investment Trust, with Kristine M.P. Martin and Tye J. Klooster as co-trustees and William Seth Martin as business advisor and trust protector; and the WSM BAA Family Trust, with Michael Carl Martin as trustee, trust protector, and business advisor, all of Ann Arbor, Michigan, to become members of the Martin Family Control Group, a group acting in concert, to acquire voting shares of Arbor Bancorp, Inc., and thereby indirectly acquire voting shares of Bank of Ann Arbor, both of Ann Arbor, Michigan.
Newspaper: Not available
Federal Register: Not available
BANK * Branch BANK, Wapello, Iowa to establish a branch located at 527 Main Street, Mediapolis, Iowa.
Newspaper: Not available
Federal Register: Not applicable
BANK FIRST CORPORATION * 3A3 Bank First Corporation, Manitowoc, Wisconsin to acquire Denmark Bancshares, Inc., and thereby indirectly acquire Denmark State Bank, both of Denmark, Wisconsin.
Newspaper: Not available
Federal Register: Not available
BARABOO BANCORPORATION, INC., THE CIC Robert K. Ginther, Baraboo, Wisconsin, as trustee of the Merlin E. Zitzner Trust for the Benefit of Jenele R. Zitzner; together with Merlin E. Zitzner, Baraboo, Wisconsin; Jenele R. Zitzner, Baraboo, Wisconsin; Alexander M. E. Zitzner, Baraboo, Wisconsin; and Tara Zitzner, Baraboo, Wisconsin, as a group acting in concert, to retain voting shares of The Baraboo Bancorporation, Inc., and thereby indirectly control Baraboo State Bank, both of Baraboo, Wisconsin.
Newspaper: Not available
Federal Register: Not available
BOSSHARD FINANCIAL GROUP, INC. CIC Elizabeth Bosshard-Blackey 2022 Irrevocable Bank Trust, u/a/d January 7, 2022, La Crosse, Wisconsin, Andrew R. Bosshard, La Crosse, Wisconsin, trustee, and Piercarlo Valdesolo, South Pasadena, California, with power to remove or appoint trustee, to become members of the Bosshard Family Control Group, a group acting in concert, to acquire voting shares of Bosshard Financial Group, Inc., La Crosse, Wisconsin, and thereby indirectly acquire voting shares of One Community Bank, Oregon, Wisconsin and Farmers State Bank, Hillsboro, Wisconsin.
Newspaper: Not available
Federal Register: Not available
BRITT BANCSHARES, INC. CIC The Timothy A. Sexton Revocable 2021 Trust, Timothy A. Sexton as trustee, both of Randalia, Iowa; the Thomas J. Sexton Trust, Thomas J. Sexton as trustee, both of St. Paul, Minnesota; the Mark J. Sexton Grantor Trust, Mark J. Sexton as trustee, both of St. Paul, Minnesota; the Jennifer S. Walther Grantor Trust, Jennifer S. Walther as trustee, both of St. Paul, Minnesota; and the Andrew G. Sexton Grantor Trust, St. Paul, Minnesota, Andrew G. Sexton as trustee, Cedar Falls, Iowa, intend to apply for permission to become members of the Sexton Family Control Group, a group acting in concert, to retain voting shares of Britt Bancshares, Inc., St. Paul, Minnesota, and thereby indirectly retain voting shares of First State Bank, Britt, Iowa.
Newspaper: Not available
Federal Register: Not available
NORTHERN TRUST COMPANY, THE * Branch The Northern Trust Company, Chicago, Illinois, to establish a branch located at 31 Ocean Reef Drive, Suite A-102, Key Largo, Florida.
Newspaper: Not available
Federal Register: Not applicable
SECURITY SAVINGS BANK * 18C
* Branch
Security Savings Bank, Gowrie, Iowa to merge with Manson State Bank, Manson, Iowa, pursuant to section 18(c) of the Federal Deposit Insurance Act and to thereby establish a branch at 1001 Main Street, Manson, Iowa, pursuant to section 9 of the Federal Reserve Act.
Newspaper: 04/22/2022
Federal Register: Not applicable
SERVBANC HOLDCO, INC. * 3A1 ServBanc Holdco, Inc., Phoenix, Arizona to become a bank holding company by acquiring Allied First Bancorp, Inc., Oswego, Illinois, and thereby indirectly acquiring Allied First Bank, sb, Oswego, Illinois.
Newspaper: 04/16/2022
Federal Register: Not available
WOODFORD BANCSHARES, INC. CIC Jeffrey Anderson of Minneapolis, Minnesota; Ronald Buholzer and Susan Buholzer as Trustees of the Ronald and Susan Buholzer Trust, all of Monroe, Wisconsin; Joshua Lincicum, Braytn Meythaler, and Merik Meythaler, all of Monroe, Wisconsin; Gregory Kranhenbuhl as Trustee of the Gregory K. Kranhenbuhl Survivors Trust, both of Newton, Wisconsin; Myron Meythaler and Linda Meythaler as Trustees of the Myron A. Meythaler and Linda L. Meythaler Revocable Trust, all of South Wayne, Wisconsin; Connie Lincicum, Barry Meythaler, and Summer Stietz, all of South Wayne, Wisconsin; Brandi House, of Verona, Wisconsin; Jason Lincicum, of Lodi, Wisconsin; Jeremy Lincicum, of Mt. Horeb, Wisconsin; and Robin Schubert, of Warren, Illinois as a group acting in concert to retain control of voting shares of Woodford Bancshares, Inc. and thereby indirectly control Woodford State Bank both of Monroe, Wisconsin. Jeffrey Anderson Family Trust with Jeffrey Anderson as Trustee, both of Minneapolis, Minnesota to acquire voting shares of Woodford Bancshares, Inc. and thereby indirectly control Woodford State Bank both of Monroe, Wisconsin.
Newspaper: 04/06/2022
Federal Register: 04/13/2022


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 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