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 23, 2014

Filer Filing Type Filing Proposal End of Comment Period
1ST SOURCE BANK * Branch Notice by 1st Source Bank, South Bend, Indiana, to establish a branch located at 4605 East Dupont Road, Fort Wayne, Indiana.
Newspaper: 08/15/2014
Federal Register: Not applicable
1ST SOURCE BANK * Branch Notice by 1st Source Bank, South Bend, Indiana, to establish a branch located at 7821 Carnegie Boulevard, Fort Wayne, Indiana.
Newspaper: 08/15/2014
Federal Register: Not applicable
CENTRUE FINANCIAL CORPORATION CIC Capital Z Partners III, L.P., Capital Z Partners III GP, L.P., Capital Z Partners III GP, Ltd., Capital Z Partners Management, LLC, Bradley E. Cooper, all of New York, New York, and Robert A. Spass, Westfield, New Jersey, to acquire 10 percent or more of the voting shares of Centrue Financial Corporation, Ottawa, Illinois, and thereby indirectly acquire control of Centrue Bank, Streator, Illinois.
Newspaper: Not available
Federal Register: 09/04/2014
FIRST MAZON BANCORP, INC. CIC Notice by the family group consisting of: Robert W. Breisch, Sr., individually and as co-trustee of the Breisch Living Trust, Phyllis A. Breisch, individually, and as co-trustee of the Breisch Living Trust, The Breisch Living Trust, Thomas R. Bartholet, Robert W. Breisch, Jr., Carla Breisch, Gabrielle L. Breisch, Michael C. Breisch, Brittany C. Breisch, Christina M. Breisch-Harty, Timothy J. Harty, Timothy J. Harty, Jr., Jonathon W. Harty, Kimberly A. Breisch-Rodosky, William J. Rodosky, Jr., Madelynne M. Rodosky, to control above 25 percent of the voting stock of First Mazon Bancorp, Inc., Mazon, Illinois and thereby indirectly acquire control Mazon State Bank, Mazon, Illinois.
Newspaper: Not available
Federal Register: 08/25/2014
FIRST MIDWEST BANCORP, INC. * 3A5 First Midwest Bancorp, Inc., Itasca, Illinois, to merge with Great Lakes Financial Resources, Bancorp, Inc., Blue Island, Illinois and thereby indirectly acquire Great Lakes Bank, N.A, Blue Island, Illinois.
Newspaper: Not available
Federal Register: 09/12/2014
NEB CORPORATION * 3A3 NEB Corporation, Fond du Lac, Wisconsin, to acquire 100 percent of the outstanding shares of InvestorsBank, Waukesha, Wisconsin.
Newspaper: Not available
Federal Register: 09/08/2014
OTTAWA SAVINGS BANCORP, MHC * SLHC Acquisition Ottawa Savings Bancorp MHC, and Ottawa Savings Bancorp, Inc., both of Ottawa, Illinois, will merge Twin Oaks Savings Bank a mutual savings bank in Marseilles, Illinois, with and into Ottawa Savings Bank FSB, Ottawa, Illinois, with Ottawa Savings Bank as the surviving institution.
Newspaper: Not available
Federal Register: Not available
SPRING BANCORP, INC. CIC Jason Knoedler, Colten Knoedler, Claire Knoedler, and Chase Knoedler, Natalie Marantz and Jason Knoedler, as the general partners of Marantz Investments, L.P., Melissa Knoedler Irrevocable Trust, Gregory Marantz Irrevocable Trust, and Jennifer Marantz Irrevocable Trust as limited partners of Marantz Investments, L.P., Tom Marantz, as trustee of the Tom Marantz Revocable Trust and Natalie Marantz, as trustee of the Natalie Marantz Revocable Trust to be added to the Marantz Family Control group to retain control of 43.30 percent of Spring Bancorp, Inc., and thereby indirectly control, Bank of Springfield, both of Springfield, Illinois.
Newspaper: 08/26/2014
Federal Register: 09/10/2014
WESTERN ILLINOIS BANCSHARES, INC. CIC Notice by Augustin S. Hart, Ill, Rebecca S. Hart and Broadwater Partners LP, all of Oquawka, Illinois; Douglas S. Hart of Powell, Wyoming; the general partner of Broadwaters Partnership LP, Broadwaters, Inc. of Cody, Wyoming ("GP"); the principal shareholder and President of GP, Augustin S. Hart Ill and three other principal shareholders of GP, Kathryn Stuart Lansing, Lake Forest, Illinois; Douglas S. Hart, Powell, Wyoming; and Harriet Heather Hart, Bozeman, Montana, to retain more than 10 percent of Western Illinois Bancshares, Inc., Monmouth, Illinois.
Newspaper: 08/15/2014
Federal Register: Not available


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
BANK 1ST, WEST UNION, IOWA 142049 04/28/2014 08/20/2014 S Small Bank


CRA Examinations scheduled for Forth Quarter of 2014 (October 1, 2014 - December 31, 2014)

Institution Location
CHELSEA ST BK CHELSEA, MICHIGAN
FIRST IA ST BK ALBIA, IOWA
MARKESAN ST BK MARKESAN, WISCONSIN
MORTON CMNTY BK MORTON, ILLINOIS
TEMPLETON SVG BK TEMPLETON, IOWA

* 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