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 August 30, 2008

Filer Filing Type Filing Proposal End of Comment Period
MARSHALL-PUTNAM COUNTY BANCORPORATION, INC. CIC Notice by Joseph E. O'Brien, Peoria, Illinois, to acquire control of Marshall-Putnam County Bancorporation, Inc., Varna, Illinois, and thereby indirectly acquire control of Marshall County State Bank, Varna, Illinois.
Newspaper: Not available
Federal Register: 09/18/2008
SBA BANCORP, INC. * 3A5 SBA Bancorp, Inc., Ashland, Illinois, to merge with First Beardstown Bancorp, Inc., Beardstown, Illinois, and thereby indirectly acquire First State Bank of Beardstown, Beardstown, Illinois.
Newspaper: 09/20/2008
Federal Register: 09/22/2008


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
EAST DUBUQUE SVG BK, DUBUQUE, IOWA 913838 02/04/2008 08/11/2008 S Small Bank
LAPEER CTY B&TC, LAPEER, MICHIGAN 184142 03/17/2008 08/01/2008 S Small Bank
M&I MARSHALL & ILSLEY BK, MILWAUKEE, WISCONSIN 983448 10/29/2007 08/14/2008 O Large Bank
STATE BK, SPENCER, IOWA 651149 05/19/2008 08/18/2008 S Small Bank
TOWN BK, HARTLAND, WISCONSIN 2693264 04/14/2008 08/22/2008 S Large Bank


CRA Examinations scheduled for     Quarter of

Institution Location
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