Public Information Documents

Actions taken by the Federal Reserve Bank of Chicago under delegated authority

Bank Branches, Domestic
Lake City Bank, Warsaw, Indiana -- to establish a branch at 1361 South Rangelin Road, Carmel, Indiana.
- Approved, May 29, 2024
Thumb Bank & Trust, Pigeon, Michigan -- to establish a branch at 5536 Main Street, Lexington, Michigan.
- Approved, May 17, 2024
Northstar Bank, Bad Axe, Michigan -- to establish a branch at 3040 Lohr Road, Ann Arbor, Michigan.
- Approved, April 15, 2024
Johnson Bank, Racine, Wisconsin -- to establish a branch at 448 S. Gammon Road, Madison, Wisconsin.
- Approved, March 22, 2024
Johnson Bank, Racine, Wisconsin -- to establish a branch at 4120 North Galaxy Drive, Appleton, Wisconsin.
- Approved, February 23, 2024
Community State Bank, Avilla, Indiana -- to establish a branch at 11255 Twin Creeks Drive, Fort Wayne, Indiana.
- Approved, February 2, 2024
Independent Bank, Grand Rapids, Michigan -- to establish a branch at 21250 Hall Road, [Clinton Township, Michigan.]
- Approved, January 25, 2024
Bank Holding Companies
EWSB Bancorp, Inc. (a newly formed Maryland corporation), Kaukauna, Wisconsin -- to become a bank holding company by acquiring East Wisconsin Savings Bank, upon the conversion of Wisconsin Mutual Bancorp, MHC, from mutual to stock form, both of Kaukau, Wisconsin.
- Approved, June 28, 2024
Wintrust Financial Corporation, Rosemont, Illinois -- to merge with Macatawa Bank Corporation and thereby indirectly acquire Macatawa Bank, both of Holland, Michigan.
- Approved, June 17, 2024
First Financial Corporation, Terre Haute, Indiana -- (1) to acquire control of a newly formed subsidiary, FFB Interim Bank NA, Dayton, Tennessee, and (2) to acquire control of SimplyBank, Dayton, Tennessee, following the merger of FFB Interim Bank NA with and into SimplyBank, with SimplyBank as the surviving bank.
- Approved, May 16, 2024
Bancorp of New Glarus, Inc., New Glarus, Wisconsin -- to acquire First National Bank at Darlington, Darlington, Wisconsin, through the merger of Bancorp of New Glarus, Inc., Darlington Interim Bank, [New Glarus,] Wisconsin, with and into First National Bank at Darlington.
- Approved, April 15, 2024
Oxford Bank Corporation, Oxford, Michigan -- to indirectly acquire an interest in NOX, LLC, Oxford, Michigan, and thereby engage in the nonbanking activity of making and servicing loans, pursuant to [section 225.28(b)(1)] of Regulation Y.
- Approved, March 25, 2024
First Busey Corporation, Champaign, Illinois -- to merge with Merchants and Manufacturers Bank Corporation, Channahon, Illinois, and thereby indirectly acquire Merchants and Manufacturers Bank, Joliet, Illinois.
- Approved, February 28, 2024
Treynor Bancshares, Inc., Treynor, Iowa -- (1) to acquire all of the additional voting shares of TS Contrarian Bancshares, Inc., Treynor, Iowa, and subsequently merge with TS Contrarian Bancshares, Inc., and thereby indirectly acquire voting shares of Bank of Tioga, Tioga, North Dakota, and First National Bank and Trust Company, Clinton, Illinois, and (2) for the Joshua Guttau Generational Irrevocable Trust and the Heidi A. Guttau Generational Irrevocable Trust, Scott Braden and Lyse Wells as co-trustees, all of Treynor, Iowa, to join the Guttau Family Control Group, a group acting in concert, to each acquire voting shares of Treynor Bancshares, Inc., and thereby indirectly acquire voting shares of TS Bank, Treynor, Iowa; Bank of Tioga; and First National Bank and Trust Company.
- Withdrawn, February 23, 2024
Northstar Financial Group, Inc., Bad Axe, Michigan -- to acquire Mainstreet Community Bank of Florida, DeLand, Florida.
- Approved, February 22, 2024
Change In Bank Control
Bank Iowa Corporation, West Des Moines, Iowa -- Kathryn Paige Duncan, John Robert Duncan, D. Todd Duncan, Clara Summers Stokes Sukovaty, Amelia Stokes, Kathryn Duncan, the Summers Stokes Irrevocable Trust, Union Bank & Trust, as trustee, and Clara Summers Stokes Sukovaty, as beneficiary, the Amelia Stokes Irrevocable Trust, Union Bank & Trust, as trustee, and Amelia Stokes, as beneficiary, and a Minor Child's Irrevocable Trust, Union Bank & Trust, as trustee; all of Lincoln, Nebraska; Carol Dianne Thomas and Drew Duncan Thomas, both of Miami, Florida; Brian Sean Thomas, London, United Kingdom; Blake Alan Thomas, Omaha, Nebraska; Ian Duncan Thompson, Los Angeles, California; and Dr. Eric Michael Thompson, Chicago, Illinois; a group acting in concert, to form the Duncan Family Control Group, to retain voting shares of Bank Iowa Corporation, and thereby indirectly retain voting shares of Bank Iowa, West Des Moines, Iowa.
- Permitted, June 27, 2024
Security Agency, Incorporated, Decorah, Iowa -- the BG 2024 Trust, Milwaukee, Wisconsin, Ben Grimstad, Decorah, Iowa, and Peter J. Wilder, Pewaukee, Wisconsin, as co-trustees, and Padrin Grimstad, Decorah, Iowa, individually, and as Grantor; the JG 2024 Trust, Milwaukee, Wisconsin, Joseph Grimstad, Decorah, Iowa, and Peter J. Wilder, as co-trustees, and Ann Grimstad, Decorah, Iowa, individually, and as Grantor; to join the Grimstad Family Control Group, a group acting in concert, to acquire voting shares of Security Agency, Incorporated, and thereby indirectly acquire voting shares of Decorah Bank and Trust Company, Decorah, Iowa.
- Permitted, June 18, 2024
Tri-County Financial Group, Inc., Mendota, Illinois -- Castle Creek Capital Partners VI, LP; Castle Creek Capital VI LLC; Castle Creek Advisors IV LLC; JME Advisory Corp.; Scavuzzo Advisory Corp.; Volk Advisory Corp.; and Rana Advisory Corp., all of San Diego, California; together with John Eggemeyer, Rancho Santa Fe, California; Anthony Scavuzzo, Dallas, Texas; David Volk, San Diego, California; and Sundeep Rana, Dallas, Texas, a group acting in concert, to acquire voting shares of Tri-County Financial Group, Inc., and thereby indirectly acquire voting shares of First State Bank, Mendota, Illinois.
- Permitted, June 11, 2024
Greenfield Bancorporation, Ltd., Greenfield, Iowa -- The Jim and Peggy Scott Trust, James L. Scott and Peggy A. Scott as co-trustees, all of Fontanelle, Iowa; together with Brad A. Lydon and Jana F. Lydon, both of Fontanelle, Iowa; and Jessica C. Christensen and Joshua J. Christensen, both of Greenfield, Iowa, together as a group acting in concert, to retain control of the voting shares of Greenfield Bancorporation, Ltd., and thereby indirectly control Union State Bank, Greenfield, Iowa.
- Permitted, June 6, 2024
Mauston Bancorp, Inc., La Crosse, Wisconsin -- The William H. Bosshard Family GST Trust, LaCrosse, Wisconsin, Andrew R. Bosshard, La Crosse, Wisconsin, and Joseph W. Bosshard, Boulder, Colorado, as co-trustees, to join the Bosshard Family Group, a group acting in concert, to acquire voting shares of Mauston Bancorp, Inc., and thereby indirectly acquire voting shares of Bank of Mauston, Mauston, Wisconsin.
- Permitted, May 30, 2024
First National Bancshares, Inc., East Lansing, Michigan -- Mamie M. Foote Trust No. 1, Mamie M. Foote as trustee, both of Golden Oak, Florida; Foote Shingleton 2004 Irrevocable Trust fbo Elizabeth Shingleton Glomsrud, Foote Shingleton 2004 Irrevocable Trust fbo Jennifer Shingleton Ewing, and Foote Shingleton 2004 Irrevocable Trust, fbo Rebecca Shingleton, all of Sanibel, Florida, and Kenneth Foote, Brighton, Michigan, as trustee of each of these trusts; The William R. Thomas Trust dated 8/26/20, William Thomas and Megan Furman as trustees, all of Ann Arbor, Michigan; and Abigail Thomas King, Charlotte, North Carolina, to join the Foote Family Control Group, a group acting in concert, to acquire voting shares of First National Bancshares, Inc., and thereby indirectly control First National Bank of America, East Lansing, Michigan.
- Permitted, May 23, 2024
Petefish, Skiles Bancshares, Inc., Virginia, Illinois -- Andrew Prather and Tina Prather, both of Petersburg, Illinois; Elizabeth A. Prather, Virginia, Illinois; and the Laura J. Prather Trust, Laura J. Prather, trustee, both of Creve Coeur, Missouri, as members of the Prather Family Control Group, a group acting in concert, to retain voting shares of Petefish, Skiles Bancshares, Inc., and thereby indirectly retain voting shares of Petefish, Skiles & Company, Virginia, Illinois, and The First National Bank of Beardstown, Beardstown, Illinois.
- Permitted, May 8, 2024
Charlevoix First Corporation, Charlevoix, Michigan -- Dana Hodgson, Beaver Island, Michigan, and Lucas Michna, Ann Arbor, Michigan, to join the Hodgson Family Control Group, a group acting in concert, to retain voting shares of Charlevoix First Corporation and thereby indirectly retain voting shares of Charlevoix State Bank, Charlevoix, Michigan.
- Permitted, May 1, 2024
Talen, Inc., Traer, Iowa -- the William C. Talen Revocable Trust, and Darlys Hulme, as trustee, both of Vinton, Iowa; Mary June Talen, Omaha, Nebraska; Deborah Talen and Ruth Erickson, both of Minneapolis, Minnesota; the William Talen III Revocable Trust, William Talen III and Savitri Durkee, as co-trustees, and Julie Talen, all of New York, New York; and Robert Lassiter, Marthaville, Louisiana, to retain additional voting shares of Talen, Inc., and thereby indirectly retain voting shares of Farmers Savings Bank & Trust, Traer, Iowa.
- Permitted, March 22, 2024
River Valley Bancorporation, Inc., Wausau, Wisconsin -- the CN 2023 Dynasty Trust, Milwaukee, Wisconsin, Gregory P. Nicklaus, Arbor Vitae, Wisconsin, and Peter J. Wilder, Pewaukee, Wisconsin, as co- trustees; and the DN 2023 Dynasty Trust, Milwaukee, Wisconsin, Todd R. Nicklaus, Rothschild, Wisconsin, and Peter J. Wilder, as co-trustees; to join the Nicklaus Family Control Group, a group acting in concert, to acquire voting shares of River Valley Bancorporation, Inc., and thereby indirectly acquire voting shares of IncredibleBank, Wausau, Wisconsin.
- Permitted, March 12, 2024
First Bancorp of Taylorville, Inc., Taylorville, Illinois -- Beth E. Brotherton, Taylorville, Illinois, and Thomas Matthew Beavers, Mount Zion, Illinois; to acquire additional voting shares of First Bancorp of Taylorville, Inc., and thereby indirectly acquire additional voting shares of First National Bank in Taylorville, Taylorville, Illinois, and more.
- Permitted, March 8, 2024
Easton Bancshares, Inc., Easton, Illinois -- Sue Ann McClaren, Denver, Colorado, to retain voting shares of Easton Bancshares, Inc., and thereby indirectly retain voting shares of Community Bank of Easton, Easton, Illinois.
- Permitted, March 4, 2024
Petefish, Skiles Bancshares, Inc., Virginia, Illinois -- George Bley II and Michelle Bley, both of Palm Harbor, Florida, and Jan E. Rohde, Springfield, Illinois, as members of the Bley Family Control Group, a group acting in concert, to retain voting shares of Petefish, Skiles Bancshares, Inc., and The First National Bank of Beardstown, Beardstown, Illinois.
- Permitted, January 31, 2024
Ixonia Bancshares, Inc., Ixonia, Wisconsin -- Kristine L. MacDonald Ixonia Trust, Joan P. Lubar Ixonia Trust, Susan A. Lubar Ixonia Trust, and Sheldon B. and Marianne Lubar Ixonia Trust, all of Milwaukee, Wisconsin, and more; to join the Lubar Family Control Group, a group acting in concert, to acquire voting shares of Ixonia Bancshares, Inc., and thereby indirectly acquire voting shares of Ixonia Bank, Ixonia, Wisconsin.
- Permitted, January 30, 2024
Emmetsburg Bank Shares, Inc., Emmetsburg, Iowa -- Karen K. Spies, Graettinger, Iowa, to retain voting shares of Emmetsburg Bank Shares, Inc., and thereby indirectly retain voting shares of Iowa Trust & Savings Bank, Emmetsburg, Iowa.
- Permitted, January 25, 2024
Tama County Abstract Company, Toledo, Iowa -- Michael R. Mickelson, as trustee of the following trusts: the M.R. Mickelson Tama County Abstract Company Trust, the John M. Mickelson Trust f/b/o Benjamin J. Mickelson, Eagle, Idaho, and many more; to form the Mickelson Family Control Group, a group acting in concert to retain voting shares of Tama County Abstract Company and thereby indirectly retain voting shares of The State Bank of Toledo, Toledo, Iowa.
- Permitted, January 9, 2024
Whitmore Company, Inc., Clarinda, Iowa -- Kenneth F. Whitmore GST Exempt Marital Trust, Lynn Whitmore as trustee, Lynn Whitmore, Scott Whitmore, and Cynthia Alvarez, all of Clarinda, Iowa; to join the Whitmore Family Control Group, a group acting in concert to retain voting shares of Whitmore Company, Inc., and thereby indirectly retain voting shares of PCSB Bank, Clarinda, Iowa.
- Permitted, January 9, 2024
Banks, State Member
Ally Bank, Sandy, Utah -- to make two public welfare investments.
- Approved, June 24, 2024
Ally Bank, Sandy, Utah -- to make three public welfare investments.
- Approved, June 17, 2024
Ally Bank, Sandy, Utah -- to make two public welfare investments.
- Approved, May 1, 2024
Ally Bank, Sandy, Utah -- to make a public welfare investment.
- Approved, April 4, 2024
Savings and Loan Holding Companies
Forward Mutual Holding Company and Forward Financial, Inc., both of Marshfield, Wisconsin -- to acquire Lake City Federal Bank, Lake City, Minnesota.
- Approved, February 27, 2024

Last Update: July 11, 2024