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 October 18, 2008

Filer Filing Type Filing Proposal End of Comment Period
ALPINE BANK & TRUST CO. * Branch Alpine Bank & Trust Co., Rockford, Illinois, to establish a branch facility to be located at 4142 John Farms Road, Rockford, Illinois.
Newspaper: 10/27/2008
Federal Register: Not applicable
BROADWAY BANCORP, INC. 4c8 Broadway Bancorp, Inc., Chicago, Illinois, proposes to engage de novo in extending credit and servicing loans.
Newspaper: Not applicable
Federal Register: 11/04/2008
COMMUNITY HOLDINGS CORPORATION CIC Notice by Spiro P. Argiris, Burr Ridge, Illinois, individually and as part of a group acting in concert with Theodore P. Argiris, Palos Park, Illinois, Cathy Argiris, Palos Park, Illinois, and Carpetcrafters, Inc., Alsip, Illinois, to acquire control of Community Holdings Corporation, Palos Hills, Illinois, and thereby indirectly control Family Bank and Trust Company, Palos Hills, Illinois.
Newspaper: Not available
Federal Register: 11/04/2008
FIRST FARMERS BANK & TRUST * Branch First Farmers Bank & Trust, Converse, Indiana, to establish a branch facility to be located at 826 N. Baldwin Avenue, Marion, Indiana.
Newspaper: 10/27/2008
Federal Register: Not applicable
FIRST MERCHANTS CORPORATION * 3A5 First Merchants Corporation, Muncie, Indiana, to acquire 100 percent of the voting shares of Lincoln Bancorp, Plainfield, Indiana, and thereby indirectly acquire Lincoln Bank, Plainfield, Indiana.
Newspaper: Not available
Federal Register: 11/03/2008
HOOSIER HEARTLAND STATE BANCORP * 3A1 Hoosier Heartland State Bancorp, Crawfordsville, Indiana, to become a bank holding company by acquiring 100 percent of the voting shares of Linden State Bancorp, Linden, Indiana, and thereby indirectly acquire Linden State Bank, Linden, Indiana, and New Ross Bancorp, New Ross, Indiana, and thereby indirectly acquire Farmers State Bank, New Ross, Indiana.
Newspaper: 11/01/2008
Federal Register: 11/10/2008
LINDEN STATE BANK * 18C
* Branch
Linden State Bank, Linden, Indiana, to merge with Farmers State Bank, New Ross, Indiana, and thereby to establish 4 branches.
Newspaper: Not available
Federal Register: Not applicable
M.S.B. BANCORPORATION, INC. CIC Notice by Peter T. Rogers, Appleton, Wisconsin, to retain control of 21.3 percent of the outstanding voting shares of M.S.B. Bancorporation, Inc., Marion, Wisconsin, and thereby indirectly retain control of Premier Community Bank, Marion, Wisconsin.
Newspaper: 10/23/2008
Federal Register: 10/17/2008


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
NONE


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