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 January 5, 2008

Filer Filing Type Filing Proposal End of Comment Period
BLACK RIVER BANCVENTURE, INC. * 3A3 Black River BancVenture, Inc., Memphis, Tennessee, to acquire 9.90 percent of the voting shares of Cornerstone Bank, Moorestown, New Jersey.
Newspaper: 01/28/2008
Federal Register: 02/01/2008
CAPITOL BANCORP LTD. * 3A3 Capitol Bancorp, Ltd., Lansing, Michigan and Capitol Development Bancorp Limited VII, Lansing, Michigan, to acquire 51 percent of the voting shares of Colonia Bank (in organization), Phoenix, Arizona.
Newspaper: Not available
Federal Register: 01/07/2008
CAPITOL BANCORP LTD. * 3A3 Capitol Bancorp, Ltd., Lansing, Michigan and Capitol Development Bancorp Limited VII, Lansing, Michigan, to acquire 51 percent of the voting shares of Reidsville Community Bank (in organization), Reidsville, North Carolina.
Newspaper: Not available
Federal Register: 01/07/2008
CAPITOL BANCORP LTD. * 3A3 Capitol Bancorp, Ltd., Lansing, Michigan and Capitol Development Bancorp Limited VII, Lansing, Michigan, to acquire 51 percent of the voting shares of Pisgah Community Bank (in organization), Asheville, North Carolina.
Newspaper: Not available
Federal Register: 01/07/2008
CAPITOL BANCORP LTD. * 3A1
* 3A3
Capitol Bancorp Ltd., Lansing, Michigan and Capitol Development Bancorp Limited VII, Lansing, Michigan to acquire 51 percent of the voting shares of Mountain View Bank of Commerce (in organization), Westminster, Colorado, and by Capitol Bancorp Colorado Ltd. III, Lansing, Michigan to become a bank holding company by acquiring 51 percent of the voting shares of Mountain View Bank of Commerce (in organization), Westminster, Colorado.
Newspaper: Not available
Federal Register: 01/18/2008
CHARLEVOIX FIRST CORPORATION CIC Notice by Richard M. Hodgson II, Charlevoix, Michigan, Eric J. Hodgson, Beaver Island, Michigan, Mark E. Hodgson, Fox Point, Wisconsin, Elizabeth M. Hodgson, Charlevoix, Michigan, and Laurie L. Hodgson, Charlevoix, Michigan, to retain control of Charlevoix First Corporation, Charlevoix, Michigan, and thereby indirectly retain control of Charlevoix State Bank, Charlevoix, Michigan.
Newspaper: 01/16/2008
Federal Register: Not available
FBOP CORPORATION * 4c8 FBOP Corporation, Oak Park, Illinois, to acquire up to 24.9 percent of the voting shares of PFF Bancorp, Inc., Rancho Cucamonga, California, and thereby indirectly acquire PFF Bank and Trust, Pomona, California.
Newspaper: 01/07/2008
Federal Register: 01/11/2008
FIRST MENASHA BANCSHARES, INC. CIC Notice by Patricia L. Pierce, Menasha, Wisconsin, to retain control of First Menasha Bancshares, Inc., Neenah, Wisconsin, and thereby indirectly retain control of First National Bank-Fox Valley, Neenah, Wisconsin.
Newspaper: 01/23/2008
Federal Register: Not available
KERNDT BANK SERVICES, INC. * 3A3 Kerndt Bank Services, Inc., Lansing, Iowa, to acquire 100 percent of Family Merchants Bancorporation, Inc., Cedar Rapids, Iowa, and thereby indirectly acquire Family Merchants Bank, Cedar Rapids, Iowa.
Newspaper: 01/14/2008
Federal Register: 01/18/2008
MORNING SUN BANK CORP. 4c8 Morning Sun Bank Corp., Morning Sun, Iowa, proposes to engage in insurance agency activities by establishing a wholly-owned subsidiary called ISB Insurance Group, LLC to acquire Earnest Insurance Agency, Morning Sun, Iowa, an existing independent insurance agency.
Newspaper: Not applicable
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
WHEATON B&T, WHEATON, ILLINOIS 2044811 07/23/2007 12/17/2007 S Small Bank


CRA Examinations scheduled for     Quarter of

Institution Location
NONE

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