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 February 24, 2007

Filer Filing Type Filing Proposal End of Comment Period
ASSOCIATED BANC-CORP * 3A3 Associated Banc-Corp., Green Bay, Wisconsin, to acquire 100 percent of the voting shares of First National Bank of Hudson, Woodbury, Minnesota.
Newspaper: Not available
Federal Register: 03/23/2007
C-B-G, INC. * 3A3 C-B-G, Inc., West Liberty, Iowa, to acquire up to $500,000 in additional shares of Washington Bancorp, Washington, Iowa, and thereby indirectly increase its interest in Washington Bancorp's subsidiary, Federation Bank, Washington, Iowa.
Newspaper: Not available
Federal Register: 03/22/2007
CITIZENS BANK * 18C
* Branch
Citizens Bank, Flint, Michigan, to merge with Republic Bank, Lansing, Michigan, and thereby to establish branches.
Newspaper: 03/09/2007
Federal Register: Not applicable
COMERICA BANK * Branch Comerica Bank, Detroit, Michigan, to establish four branch facilities to be located at: 2000 Avenue of the Stars, Los Angeles, California, 1802 Garnet Avenue, San Diego, California, 370 Green Road, Houston, Texas, and 6412 San Felipe Street, Houston, Texas.
Newspaper: Not available
Federal Register: Not applicable
COMMUNITY STATE BANK EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST * 3A3 Community State Bank Employee Stock Ownership Plan and Trust, Union Grove, Wisconsin, to increase its ownership of Union Bancorporation, Inc., Union Grove, Wisconsin, to 35.52 percent of the voting shares, and thereby increase its indirect ownership of Community State Bank, Union Grove, Wisconsin.
Newspaper: Not available
Federal Register: 03/22/2007
ISABELLA BANK AND TRUST * 18C
* Branch
Isabella Bank and Trust, Mt. Pleasant, Michigan, to merge with FSB Bank, Breckenridge, Michigan, and thereby to establish 5 branches.
Newspaper: Not available
Federal Register: Not applicable


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
QUAD CTY B&TC, BETTENDORF, IOWA 2142155 10/23/2006 02/14/2007 S Int Sm Bank


CRA Examinations scheduled for Second Quarter of 2007 (April 1, 2007 - June 30, 2007)

Institution Location
BLISSFIELD ST BK BLISSFIELD, MICHIGAN
CENTRAL BK STORM LAKE, IOWA
CENTRAL ST BK MUSCATINE, IOWA
CITIZENS FIRST ST BK OF WALNUT WALNUT, ILLINOIS
COMMUNITY BK ELMHURST ELMHURST, ILLINOIS
FARMERS & MECHANICS BK GALESBURG, ILLINOIS
FARMERS ST BK LAKE VIEW, IOWA
FIRST B&T EVANSTON, ILLINOIS
HINSBROOK B&T WILLOWBROOK, ILLINOIS
HINSDALE B&TC HINSDALE, ILLINOIS
HURON CMNTY BK EAST TAWAS, MICHIGAN
IOWA ST SVG BK KNOXVILLE, IOWA
ISABELLA B&T MOUNT PLEASANT, MICHIGAN
LINDEN ST BK LINDEN, INDIANA
PRAIRIE B&TC BRIDGEVIEW, ILLINOIS
SECURITY SVG BK EAGLE GROVE, IOWA
STATE BK OF BLUE MOUND BLUE MOUND, ILLINOIS
UNIONBANK STREATOR, ILLINOIS
WARREN BK WARREN, MICHIGAN

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