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 November 12, 2011

Filer Filing Type Filing Proposal End of Comment Period
A. M. SAYLOR, INCORPORATED CIC Notice by David M. Heuberger, Hampton, Iowa, to gain control of A.M. Saylor, Inc., Hampton, Iowa, and thereby indirectly First National Bank of Hampton, Hampton, Iowa, following his appointment as Co-Trustee for the Marcia Saylor Mekelburg Trust under Agreement and the A.M. Saylor Residuary Trust f/b/o Marcia Saylor Mekelburg Trust under Agreement.
Newspaper: 11/23/2011
Federal Register: 11/29/2011
BLUE GRASS BANCORPORATION, INC 4c8
* 3A1
Blue Grass Bancorporation, Inc., Corning, Iowa,to become a bank holding company by acquiring 100% of Okey-Vernon First National Bank, Corning, Iowa. Blue Grass Bancorporation, Inc. to acquire 1st Choice Agency, Corning, Iowa, and engage in insurance in small towns.
Newspaper: 11/12/2011
Federal Register: 11/21/2011
FIRST MIDWEST BANK * 18C
* Branch
First Midwest Bank, Itasca, Illinois, to acquire certain assets and assume certain liabilities of four branches of Old National Bank, Evansville, Indiana, and thereby to establish a branch office at 2320 S. Route 59, Plainfield, Illinois.
Newspaper: 11/14/2011
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
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