Board Actions

Chemical Financial Corporation, Midland, Michigan -- to merge with Lake Michigan Financial Corporation, Holland, and thereby acquire its subsidiaries, The Bank of Holland and The Bank of Northern Michigan, Petoskey; and for Chemical Bank, Midland, to merge with The Bank of Holland and The Bank of Northern Michigan and thereby establish branches.
-Approved, April 17, 2015

KSRS, LLC, Osceola, Missouri -- commenter's request for reconsideration of the Board's approval of KSRS's application to become a bank holding company by retaining shares of Bancorp II, Inc., Kansas City, and thereby indirectly retaining control of its subsidiary, Citizens Community Bank, Pilot Grove.
-Denied, April 17, 2015

Forms -- initial Board review to extend without revision the Basel II Interagency Pillar 2 Supervisory Guidance (FR 4199).
-Proposed, April 14, 2015

Forms -- final Board review to extend without revision the Bank Holding Company Report of Insured Depository Institutions' Section 23A Transactions with Affiliates (FR Y-8), Senior Loan Officer Opinion Survey on Bank Lending Practices (FR 2018), Senior Financial Officer Survey (FR 2023), and Survey of Terms of Lending (FR 2028A, B, and S).
-Approved, April 17, 2015

Division of Monetary Affairs -- appointment of Brian F. Madigan as a deputy director, effective June 1, 2015.
-Approved, April 3, 2015
(A/C)