Federal Reserve Release, H2, Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received

District: 7
Federal Reserve Bank of: Chicago

Filings received during the week ending February 28, 2015

Filer

Filing Type

Filing Proposal

End of Comment Period

BANK OF HIGHLAND PARK FINANCIAL CORP

CIC

Notice by David B. Pogrund, Chicago, Illinois, and Randy L. Green, Highland Park, Illinois, individually as co-trustees of 153 trusts for family members of the late Sanford Takiff, and acting in concert with the Takiff Family Foundation, Glencoe, Illinois, an Illinois not-for-profit corporation, controlled by its directors, Sherri Zirlin, Glencoe, Illinois; Elizabeth Scheinfeld, Glencoe, Illinois; Jill Hirsh, Glencoe, Illinois; and Bobette Takiff, Glencoe, Illinois; and Sherri Zirlin, individually; Elizabeth Scheinfeld, individually; and Jill Hirsh, individually, to retain control of 100 percent of the outstanding voting stock of Bank of Highland Park Financial Corp., Highland Park, Illinois, and thereby indirectly control First Bank of Highland Park, Highland Park, Illinois.

Newspaper:	Not available
Federal Register:	03/03/2015

CHEMICAL FINANCIAL CORPORATION

* 3A5
* 18C
* Branch

Chemical Financial Corporation, Midland, Michigan, to merge with Lake Michigan Financial Corporation, Holland, Michigan and thereby acquire control of The Bank of Holland, Holland, Michigan and The Bank of Northern Michigan, Petoskey, Michigan. In connection with the holding company merger, Chemical Bank, Midland, Michigan, to merge and consolidate The Bank of Holland and The Bank of Northern Michigan with and into Chemical Bank and to operate all of the offices of The Bank of Holland and The Bank of Northern Michigan, as branches of Chemical Bank.

Newspaper:	03/06/2015
Federal Register:	03/09/2015

FIRST INDEPENDENCE CORPORATION

CIC

Gregory Jackson, Detroit, Michigan, individually, and together as a group acting in concert with Roy S. Roberts, Bloomfield Hills, Michigan, to acquire 25 percent or more of the voting shares of First Independence Corporation, Detroit, Michigan, and thereby indirectly acquire control of First Independence Bank, Detroit, Michigan.

Newspaper:	Not available
Federal Register:	01/02/2015

FRIENDSHIP STATE BANK, THE

* Branch

The Friendship State Bank, Friendship, Indiana, to establish a branch near Tanners Creek Drive and Highway 50, Lawrenceburg, Indiana.

Newspaper:	02/17/2015
Federal Register:	Not applicable

STURGIS BANCORP, INC.

* 3A3

Sturgis Bancorp, Inc., Sturgis, Michigan, to acquire 100 percent of voting shares of The West Michigan Savings Bank, Bangor, Michigan.

Newspaper:	Not available
Federal Register:	03/13/2015

SULLIVAN BANCSHARES, INC.

CIC

Sally F. Duncan, Mt. Zion, Illinois, individually and as trustee of the Henry M. B. Wilson Irrevocable Trust, Henry M.B. Wilson, Sullivan, Illinois, individually and as beneficiary with the power to remove any trustee of the Henry M. B. Wilson Irrevocable Trust, and the Henry M. B. Wilson Irrevocable Trust, Sullivan, Illinois, individually and all of the foregoing as a group acting in concert to acquire more than 25 percent of the stock of Sullivan Bancshares, Inc., Sullivan, Illinois, and thereby indirectly acquire First National Bank of Sullivan, Sullivan, Illinois.

Newspaper:	03/09/2015
Federal Register:	03/03/2015

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

District: 7 Federal Reserve Bank of: Chicago

Filings received during the week ending February 28, 2015

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 7
Federal Reserve Bank of: Chicago