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 June 1, 2013

Filer Filing Type Filing Proposal End of Comment Period
CHIEF IOWA INVESTMENT CORPORATION * 3A1 Chief Iowa Investment Corporation, Clive, Iowa, to become a bank holding company by acquiring 100 percent of Montezuma State Bank, Montezuma, Iowa.
Newspaper: Not available
Federal Register: 06/14/2013
FIRST NATIONAL BANK OF HAMPTON Member First National Bank of Hampton, (T/B/K as First Bank Hampton), Hampton, Iowa, to retain membership in the Federal Reserve System on conversion from a national chartered bank to a state chartered bank.
Newspaper: Not applicable
Federal Register: Not applicable
JOHNSON FINANCIAL GROUP, INC. CIC Notice by the Danielle Marie Marquart 2013 Trust to acquire shares of Johnson Financial Group, Inc., Racine, Wisconsin, pursuant to the Change in Bank Control Act of 1978. As a result of the proposed transaction, JFG shares and other assets previously held by the Danielle Marie Marquart Trust u/a with Winifred J. Marquart & Michael D. Marquart dated 4/21/95 will be held by the Trust. Johnson Bank will serve as trustee of the Trust.
Newspaper: Not available
Federal Register: Not available
TRI-COUNTY BANK * Branch Tri-County Bank, Brown City, Michigan, to establish a branch at 6541 VanDyke Marlette, Michigan.
Newspaper: 06/14/2013
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
AMERICAN ST BK, OSCEOLA, IOWA 276645 12/10/2012 05/06/2013 S Small Bank
BANK OF PONTIAC, PONTIAC, ILLINOIS 930442 10/15/2012 05/04/2013 S Int Sm Bank
RUSHVILLE ST BK, RUSHVILLE, ILLINOIS 49148 01/28/2013 05/21/2013 S Small 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